Oil & Gas

STX OSV Holdings Limited says that it has secured a new contract for the design and construction of a Platform Supply Vessel for an undisclosed customer. The vessel will be of STX OSV's own PSV…
Bergen, Norway, based Sartor Offshore has placed a NOK 300 million order for a Havyard 832 L platform supply vessel for delivery from the Havyard Leirvik shipyard in Sogn, Norway, in January 2012. The contract…
Norway's SiemOffshore Inc. says it is getting into the business for submarine cable installation, repair and maintenance projects. It has reached an agreement with the shareholders of Leer, Germany, based Five Ocean Services GmbH (FOS)…
The U.S. Maritime Administration appears to have approved a request from Boldini, S.A. of Brazil for Title XI ship financing guarantees on $227,177,000 over 25 years to cover construction of five platform 282 ft supply…
Keppel AmFELS LLC, has won a repeat order worth about $195 million from Mexico's Perforadora Central SA de CV  to build a  jack-up rig. The Brownsville, Texas, shipyard is a wholly-owned subsidiary of Keppel Offshore…
Yesterday morning Interior Secretary Ken Salazar told a House Natural Resources Committee hearing on the Department of the Interior's Fiscal Year 2012 Budget proposal what the Washington Examiner characterized as "a whopper." The video shows…
Polarcus Limited (OAX: PLCS) reports that Polarcus Samur Ltd, a member of the Polarcus Group, took delivery on March 2, 2011 of POLARCUS SAMUR, the fourth 3D seismic vessel to date to join the Polarcus…
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today announced what BOEMRE Director Michael R. Bromwichj called a "significant milestone." It approved the first deepwater drilling permit since the Deepwater Horizon explosion and…
Back in November 2010, Seahawk Drilling, Inc. (Nasdaq: HAWK) said it was seeking "strategic alternative." It said then that its liquidity and revenue generation had been hit by "the dramatic slow-down in the issuing of…
Sweden's Rederi AB Transatlantic  has received delivery of the ice strengthened AHTS Njord Viking from the Astilleros Zamakona S.A shipyard in Spain. The Njord Viking is the second newbuild in a series of four ships…
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