offshore

Hercules Offshore sells inland barge rigs

MAY 20, 2013 — Hercules Offshore, Inc. (Nasdaq: HERO) announced that it has entered into an agreement for the sale of eleven inland barge rigs, which includes three active rigs, eight cold

Tidewater to buy Norway’s Troms Offshore Supply

MAY 15, 2013 —Tidewater Inc. (NYSE: TDW), through a wholly-owned subsidiary, has entered into an agreement with HitecVision to purchase Troms Offshore Supply AS for approximately $395 million. The acquisition of Troms

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Wärtsilä “cautious” on shipbuilding outlook

APRIL 18, 2013 — “The beginning of 2013 developed according to our expectations. Order intake grew by 22 percent, thanks to good development in both Power Plants and Ship Power, especially in

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Axis accommodation semi to have Wärtsilä systems

APRIL 17, 2013 — A DP3 dynamically positioned semisubmersible offshore accommodation rig being built in China for Singapore based Axis Offshore is to have a comprehensive, fully integrated power, propulsion and positioning

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Zentech makes VP appointment

APRIL 10, 2013 — Zentech, Inc., a Houston based marine engineering and naval architecture consulting firm, specializing in the offshore oil and gas and renewable energy industries, today announced the appointment of

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HHI wins TLP and FSU orders worth $2 billion

MARCH 26, 2013 – Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder has won orders worth $2 billion from Total E&P Congo. They cover engineering, procurement, supply, construction, and commissioning of