Oil & Gas

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GoM Lease Sale 251: Signs of returning confidence AUGUST 15, 2018 — Today's region-wide offshore oil and gas Lease Sale 251 generated $178,069,406 in high bids for 144 tracts covering 801,288 acres in federal waters of the Gulf of Mexico. A total of 29 companies participated in the lease sale, submitting $202,667,923 in bids. The high bids total…
AUGUST 15, 2018 — Today's region-wide offshore oil and gas Lease Sale 251 generated $178,069,406 in high bids for 144 tracts covering 801,288 acres in federal waters of the Gulf of Mexico. A total of…
AUGUST 15, 2018 — The International Marine Contractors Association (IMCA) has issued a guidance note for member companies considering reactivating their owned and managed dynamically positioned vessels following a period of layup. "In the right…
AUGUST 14, 2018 — Tidewater Marine and Canadian offshore services specialist Horizon Maritime are continuing their cooperation. The 2010 built multifunctional offshore support vessel Tidewater Enabler has been reflagged from Vanuatu to Canada and is…
AUGUST 13, 2018 — Oceaneering International, Inc. (NYSE:OII) reports that one of its wholly owned subsidiaries has entered into a contract with Equinor ASA — the company formerly known as Statoil — for a three-year…
AUGUST 8, 2018 — Skudeneshavn, Norway, headquartered Solstad Farstad ASA reports that it has renewed its frame agreement with SBM Offshore (SBM) for 2019 and 2020, under which SBM will charter the CSV Normand Installer…
AUGUST 6, 2018 – HGIM Corp (Harley Gulf International Marine) today confirmed that it made a proposal to GulfMark Offshore, Inc. (NYSE: GLF) on August 1, 2018, to combine the companies through a merger, with…
AUGUST 6, 2018 — Seems like nothing can ever be taken for granted in the offshore services sector. Last month we reported that the boards of Tidewater Inc. (NYSE: TDW) and GulfMark Offshore, Inc. (NYSE:…
AUGUST 2, 2018 — Following the emergence of Harvey Gulf International Marine from Chapter 11 bankruptcy proceedings, parent HGIM Corp. has announced the appointment of a new Board of Directors. The seven member board includes…
AUGUST 2, 2018 — One of Damen Shipyards Group's shipyards with the most experience in the repair and refit of complex offshore structures, Damen Verolme Rotterdam (DVR), has been awarded a contract by Stena Drilling…
AUGUST 1, 2018 — Kinderdijk, Netherlands, headquartered Royal IHC has been awarded a contract to modify McDermott International Inc.'s pipelay and construction vessel Amazon. The contract includes the delivery of an innovative and complete J-lay…
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