subssea

• March 22, 2018
• Oil & Gas

Saipem to pay $275 million for Lewek Constellation

MARCH 22, 2018 — Italian contractor Saipem is to pay $275 million to acquire the Lewek Constellation. Delivered in 2013, the ultra deepwater rigid and flexible pipelay, heavy lift and construction vessel

• February 13, 2018
• Oil & Gas

Bourbon reorganizes: Will take $210 million loss on sale of 41 vessels

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