Petrobras approves more OSV contracts

FEBRUARY 10, 2014 — Brazilian national oil company Petrobras reports that its Executive Board has approved the contracting of eight support vessels for its offshore activities. They are part of the third

Otto Marine books North Sea contract for newest AHTS

FEBRUARY 7, 2013 — Singapore headquartered Otto Marine has secured a charter contract worth $40 million for the Go Pegasus, a 24,000 bhp AHTS recently completed at its Batam, Indonesia, shipyard. Go

Deltamarin gets Kraken FPSO FEED contract

FEBRUARY 7, 2013 — Raisio, Finland, headquartered naval architecture and engineering firm Deltamarin has signed a contract with Malaysia’s Bumi Armada, for the basic design of a floating production, storage and offloading

Shell finds Alaska less hospitable than Mars

FEBRUARY 7, 2013 — New Shell CEO Ben van Beurden has told investors that Shell has decided to keep its exploration program for Alaska on hold 2014. He cited a recent Ninth

Oregon offshore wind project advances

FEBRUARY 6, 2013 — The Bureau of Ocean Energy Management (BOEM) has given the green light for Principle Power, Inc., Seattle, WA, to submit a formal plan to build a 30- megawatt

Keppel FELS books $218 million jack-up order

FEBRUARY 6, 2013 — Singapore’s Keppel FELS shipyard  has secured a $218 million contract from UMW Drilling 8 (L) Ltd, a wholly-owned subsidiary of UMW Oil & Gas Corporation Sdn. Bhd. (UMW

Impairment charges hit Tidewater net earnings

FEBRUARY 5, 2014 — The most recent Annual Report from offshore services giant Tidewater Inc. (NYSE:TDW) was full of all sorts of imagery of runners, with the one sporting the company’s logo

Ensco sells two oldies

FEBRUARY 4, 2014 —  Offshore drilling contractor Ensco plc (ESV) has sold its two remaining cold-stacked jack-up rigs for $33 million. The net book value of the two rigs, ENSCO 69 and

Edison Chouest acquires Bee Mar Platform Supply Vessels

FEBRUARY 3, 2014—Edison Chouest Offshore (ECO), Galliano, LA, has acquired “effectively all of the assets” of the fleet of Bee Mar, LLC, Broussard, LA, according to a senior executive at Bollinger Shipyards.

Jackson Offshore PSV series debuts new GPA bow design

FEBRUARY 3, 2014 — The four 76-meter (252 ft) platform supply vessels building forJackson Offshore Operators at BAE Systems Jacksonville, FL, shipyard are the first in a new GPA 675J PSV series

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