Oil & Gas

MARCH 19, 2018 — Back in January, Aberdeen, Scotland, based Bibby Offshore completed a financial restructuring that saw it being acquired by a group of its bondholders, led by York Capital Management. On Friday, Fara…
MARCH 16, 2018 — International Maritime Industries (IMI) and Saudi Aramco Rowan Offshore Drilling Company (ARO Drilling), have selected a new LJ43 jack-up rig design for ARO Drilling's new rig build program. The new design…
MARCH 15, 2018 — Statoil reports that its board is proposing to change the name of the company to Equinor. It says that the name change supports the company's strategy and development as a broad…
MARCH 15, 2018 — Paris headquartered offshore services giant Bourbon has released annual results for 2017 that show total losses reaching a whopping EUR 625.1 million (about $772 million) compared with the prior year's loss…
MARCH 14, 2018 — Aberdeen, Scotland, headquartered subsea services provider Bibby Offshore reports that it has booked three separate multimillion dollar contract wins with an oil and gas super major. The initial contract will see…
MARCH 13, 2018 — With the installation of an SMST crane 60 t knuckle boom crane with active heave compensation on board the Connor Bordelon, Lockport, LA, headquartered Bordelon Marine has completed its third Ultra-light…
MARCH 12, 2018 — Classification society ABS says it has been selected by SEACOR Marine to class the first offshore support vessel (OSV) in the Gulf of Mexico (GoM) to operate using hybrid power. SEACOR…
MARCH 11, 2018 — Aberdeen, Scotland, based Awilco Drilling has signed a contract with Singapore's KeppelFELS shipyard covering the construction of a Moss Maritime design CS60 ECO MW semisubmersible drilling rig. The rig is designed…
MARCH 8, 2018 — Shane J. Guidry's Harvey Gulf International Marine and 90 affiliated entities yesterday each filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S, Bankruptcy…
MARCH 1, 2018 — Norway's SolstadFarstad and Yxney Maritime AS have completed a pilot project to develop and roll out the Yxney fuel efficiency and emission reduction software MarESS. MarESS is a cloud based database…
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