Oil & Gas

OCTOBER 22, 2018 — Sembcorp Marine Ltd reports that its wholly-owned subsidiary Sembcorp Marine Rigs & Floaters Pte. Ltd. has signed an agreement with Varg L.L.C., a wholly-owned subsidiary of Teekay Offshore Partners L.P., for…
OCTOBER 17, 2018 — Offshore services specialists Tidewater Inc. (NYSE: TDW) and GulfMark Offshore, Inc. (NYSE: GLF) today announced the filing of the joint definitive proxy statement and prospectus with the U.S. Securities and Exchange…
OCTOBER 11, 2018 — The Liberian International Ship & Corporate Registry (LISCR), the U.S.-based manager of the Liberian Registry, has formalized its in-house technical and commercial capabilities in the offshore sector with the creation of…
OCTOBER 5, 2018 — Dubai headquartered shallow water offshore drilling contractor Shelf Drilling, Ltd. reports that one of its subsidiaries has secured a two-year contract for the jack-up Key Singapore with Eni S.p.A. (BIT: ENI)…
OCTOBER 4, 2018 — In another sign of increasing optimism in the offshore drilling market, Tor Olav Troim's Borr Drilling Limited has decided to start the activation of four additional newbuild jack-ups. This follows Borr's…
OCTOBER 1, 2018 — Stolt-Nielsen Limited, Golar LNG Ltd and Höegh LNG Holdings Ltd. today announced a combined investment commitment of $182 million in Avenir LNG Ltd. to pursue opportunities to deliver LNG to areas…
OCTOBER 1, 2018 — Nordic American Offshore Ltd (NYSE: NAO) reports that it has entered into a Memorandum of Understanding (MOU) contemplating a combination with Canada based Horizon Maritime Services Ltd. Subject to due diligence…
SEPTEMBER 30, 2018 — A former CEO and former executive of oil services company SBM Offshore were sentenced to prison Friday for their involvement in an international bribery conspiracy. Anthony "Tony" Mace, 66, of the…
SEPTEMBER 19, 2018 — Port Arthur, Texas, headquartered offshore and subsea construction specialist Hydra has entered the saturation diving market with a powerful diving support vessel. Trevor Davis, president and CEO, reports that the company…
SEPTEMBER 12, 2018 — Skudeneshavn, Norway, headquartered Solstad Farstad ASA has been awarded a contract by Total E&P South Africa for one Large Anchor Handling Vessel (AHTS) Normand Ranger (2010, VS 491 Design) and one…
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