Harvey Gulf files for Chapter 11 bankruptcy
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
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
MARCH 1, 2018 — GE Renewable Energy (NYSE:GE) today unveiled its plan to develop the largest, most powerful offshore wind turbine yet: the Haliade-X. Featuring a 12 MW direct drive generator and
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
FEBRUARY 26, 2018 — John Fredriksen controlled offshore drilling contractor Seadrill Limited reports that it has succeeded in reaching a global settlement with an ad hoc group of bondholders, the official committee
FEBRUARY 22, 2018 — Consolidation in the jack-up market continues. Tor Olav Troim’s Borr Drilling Limited is set to acquire Houston-headquartered Paragon Offshore. Borr has received commitments from holders of 67.9% of
FEBRUARY 16, 2018 — Publicly traded Tidewater Inc. (NYSE: TDW) announced it has appointed former Hercules Offshore executive John T. Rynd as the company’s new President and Chief Executive Officer and a
FEBRUARY 14, 2018 — Oil Spill Response Limited (OSRL) and France’s Center for Documentation, Research and Experimentation on Accidental Water Pollution (Cedre) have signed a Letter of Cooperation to strengthen operational level
FEBRUARY 13, 2017 — Kvaerner has signed a contract with Statoil for delivery of the topside modules for the Johan Castberg floating production vessel (FPSO), as well as for hook-up and integration
FEBRUARY 13, 2017 — Paris headquartered offshore services provider Bourbon Corporation is to shed 41 of its 65 oldest vessels and take an expected impairment loss of about €170 million (about $210
FEBRUARY 6, 2018 — U.S. operators in the market for high performance oil & gas sector crew transfer vessels could soon have a new option. Norwegian shipbuilder Umoe Mandal has introduced the