Maersk to retain full ownership of OSV subsidiary

A.P. Moller – Maersk’s Board of Directors has decided to retain full ownership of Maersk Supply Service. This is probably more an indication that no suitable buyer could be found rather than

Harvey Falcon

Harvey Gulf expands global operations

Harvey Gulf International Marine reports that it is continuing its commitment to expanding operations globally with the opening of offices in Ciudad del Carmen, Mexico City, Trinidad, and Guyana, and with the

New solution enables remote survey of DP systems

Kongsberg Maritime, Bureau Veritas and offshore services provider Bourbon have successfully tested a new solution for remotely auditing the performance and integrity of DP (Dynamic Positioning) systems Developed by Kongsberg in collaboration

GoM lease sale pulls in $242.2 million in high bids

The Bureau of Ocean Energy Management reports that today’s oil and gas Lease Sale 252 generated $244,299,344 in high bids for 227 tracts covering 1,261,133.85 acres in federal waters of the Gulf

Candies IMR vessel features three Schottel propulsion systems

The U.S. built, U.S. flagged Inspection Maintenance Repair (IMR) vessel Paul Candies is equipped with three different Schottel propulsion systems. Owned by Otto Candies, LLC, Des Allemands, La., and built by its

Maersk Supply SSV awarded walk to work contract

Maersk Supply Service reports that it has won its second walk to work contract for Total Denmark. The Stingray class subsea support vessel (SSV) Maersk Involver, has been fixed for 161 days to

Offshore wind turbines

World Bank program aims to fast-track offshore wind in developing countries

The World Bank Group has launched a new program to fast-track the adoption of offshore wind energy in developing countries. The World Bank and sister organization IFC (International Finance Corporation) will help

Damen delivers two FCS 2206 Fast Crew Suppliers

Dubai based offshore services specialist Seaways International has taken delivery of two Damen Fast Crew Suppliers (FCS) 2206 in a hand-over ceremony held March 4 at Damen Shipyards Singapore. Seaways International, which

Tidewater: Red ink quarter, red ink year, but cash flow positive

Offshore services giant Tidewater Inc. (NYSE:TDW) today reportedrevenue for the three-months ended December 31, 2018, of $110.2 million and a net loss for the same period of $90.5 million (or $2.83 per

Keppel gets set to start Gimi FLNG conversion

Golar LNG Limited (NASDAQ: GLNG) reports that through a new subsidiary, Gimi MS, it has entered into a 20-year lease and operate agreement (“LOA”) with BP for the charter of an FLNG

LOAD MORE