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
APRIL 30, 2013 — Norway’s Siem Offshore has entered into a shipbuilding contract with Remontowa Shipbuilding S.A., Poland. It covers the construction of a dynamically positioned cable lay vessel (“CLV”) scheduled for
APRIL 26 2013 — Singapore’s Viking Offshore & Marine Limited is to invest up to S$15 million (about US $12 million) to set up a dedicated innovation hub in Singapore to house
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
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
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
APRIL 2, 2013 — RY Offshore Limited — which is 29 percent owned by Otto Marine Chairman and Group CEO Yaw Chee Siew — is buying the Multi-purpose Field Support and ROV
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
MARCH 11, 2013 — Singapore headquartered Miclyn Express Offshore (MEO) has completed upgrading works on its 70.25 m x 16.00 multipurpose offshore support vessel (MPSV) Endeavour. The project was undertaken by a
FEBRUARY 27, 2013 — Wärtsilä is opening a new services workshop in Niterói, Rio de Janeiro, Brazil, today. It says that the new facilities will strengthen its presence in Brazil and enable