Maersk Supply Service completes 10,230 NM tow
JULY 12, 2018—Maersk Supply Service has successfully completed the tow of a semi-submersible from Las Palmas to North Western Australia. The tow was carried out by Maersk Supply Service’s 95m x 25m
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Jackup rig values rise on oil recovery
JANUARY 26, 2018 —Rising oil prices have increased interest in secondhand for jack-up rigs, pushing asset values up 36 percent from a year ago, according to data compiled by VesselsValue. VV’s Fixed
GOM rig activity returning to normal after Harvey
SEPTEMBER 4, 2017— The Bureau of Safety and Environmental Enforcement (BSEE) reports that offshore oil and gas operators in the U.S. Gulf of Mexico are re-boarding platforms and rigs and beginning to
Bergen Group sells Hanøytangen rig service business
APRIL 13, 2015 — Norway’s Bergen Group is selling its rig-service activity at Hanøytangen. Esbjerg, Denmark, headquartered project engineering specialist Semco Maritime will take over operational activity and Hellik Teigen AS is
Cvitanovic Towing adds Lugger style tug
NOVEMBER 30, 2014—Cvitanovic Towing, Belle Chasse, LA, recently took delivery of its fourth Lugger-style tug. Built at the Rodriguez Shipyard in Bayou LaBatre, AL, the 65 ft by 26 ft Andrew C
Idled rigs hinder Transocean’s 2015 earnings
NOVEMBER 19, 2014—Equity research firm Cowen and Company says publicly traded offshore drilling contractor Transocean’s November Fleet Update Summary has “negative implications for the stock.” Traded on the New York Stock Exchange
Rolls-Royce to build service center at Astican
OCTOBER 21, 2014 — Rolls-Royce has inked a cooperation agreement that will see it build a 2,100 sq.m service facility at the Astican shipyard in Las Palmas, Canary Islands. Rolls-Royce says the
Bob Fogal retires from Zentech
SEPTEMBER 2, 2014 — Houston based marine engineering and naval architecture consulting firm Zentech Inc. reports that Bob “Sonny” Fogal, one of the icons in the offshore oil and gas industry, has
CIMC Raffles delivers jack-up to Coastal Contracts
AUGUST 15 ,2014 — China’s CIMC Raffles has delivered the ninth jack-up to be built at its Yantai shipyard to Malaysia’s Coastal Contracts Bhd. The rig, Coastal Driller 4001, is built to
Offshore rig activity rises in U.S.
AUGUST 11, 2014—As of August 8, there were 60 rigs operating in the U.S. Gulf of Mexico, up five from the same period one year ago, according to Baker Hughes rotary rig