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
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
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 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
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
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
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
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
While 10 MW offshore wind turbines are only now starting to be marketed, the Ulstein Group has developed a design for a “future proof” heavy lift jack-up installation vessel able to carry
Singapore’s Keppel FELS shipyard has delivered the first rig equipped with Keppel’s proprietary RigCare digital solutions to Mexico’s Grupo R. Delivery of the jack-up rig, the Cantarell IV, came after Grupo R
Herbert-ABS Software Solutions LLC has announced the launch of its HECSTAB offshore stability evaluation Software which allows naval architects to easily evaluate multiple design options for non-ship shaped offshore assets. “HECSTAB is