Dockwise books contracts worth $57 million

Heavy lift specialist Dockwise Ltd. reports that it has received six new contract awards, totaling $57 million, for execution in the first half of 2012 and in 2015. The wins include a

Island Offshore orders advanced subsea support vessel

Island Offshore, in which the Chouest and Ulstein families are partners, has ordered an advanced subsea support vessel from STX OSV. To be built to the Rolls-Royce UT 737 CD design, it

ABS to class barge-based Arctic containment system

ABS is to class a first-of-its-kind Arctic Containment System (ACS), slated for deployment in June 2012 to serve all exploration activities in the Chukchi and Beaufort seas offshore Alaska. The non self-propelled

Tidal power holds huge energy, job potential for New Jersey

The tides of the New Jersey shore have enough energy to power 200,000 homes says a new study released by Natural Currents Energy Services, LLC, a company focused on developing tidal power

Helix awards Jurong Shipyard $385.5 million order for well intervention semi

Houston headquartered Helix Energy Solutions has placed a $385.5 million order with Singapore’s Jurong Shipyard, a Sembcorp Marine subsidiary. It covers construction of a newbuild semisubmersible well intervention vessel. Owen Kratz, Helix’s

Tidewater reports “unexpected developments” in Angola JV negotiations

Offshore services giant Tidewater Inc. (NYSE: TDW) reports “unexpected developments” in its negotiations with Angolan national oil company Sonangol on Sonatide, the joint venture with Sonangol in which Tidewater has a 49

Ezra poised to “seize opportunities” after $100 million private placement

Singapore’s Ezra Holdings has raised nearly US$100 million in a private placement aimed at boosting its balance sheet in anticipation of increased demand for its subsea and offshore support services. Now, it

Bourbon reports 2011 annual results

“The market upturn in 2011 has resulted in early signs of an improvement in Bourbon’s performance and results,” said Christian Lefèvre, Chief Executive Officer of Bourbon announced, reporting the Paris-headquartered offshore giant’s

Cal Dive books $46 million Pemex pipeline contract

Cal Dive International, Inc. (NYSE:DVR) reports that it has been awarded a contract by Pemex Exploración y Producción for the installation of a 20 inch subsea pipeline located in the Abkatun Pol

Production starts from first FPSO in U.S. Gulf

Oil and gas production from the first FPSO in the U.S. Gulf of Mexico started at the deepwater Cascade field, according to Brazilian oil major Petrobras. Petrobras is the first company to

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