Following years in the pricing doldrums, LNG is hot again, with business prospects for floating production and regasification looking strong through 2023. We talk to Jim McCaul of International Maritime Associates (IMA) for his insights, as…
Singaporean conglomerate Keppel Corp on Thursday posted a 15 percent fall in third-quarter net profit, hurt by lower contributions from its investments and property divisions.Keppel, whose businesses range from rig-building to property development…
Aberdeen-based offshore support vessel operator Sentinel Marine said it has purchased a multi-role ship from a Canadian seller.The 1997-built Scotian Sentinel (formerly Scotian Sea) is currently in dry-dock for upgrades and is expected to enter…
Turkey's state-run Anadolu news agency said on Thursday that the navy had stopped a Greek frigate from harassing a Turkish ship in the Mediterranean. It did not give further details.Turkey, Greece and Cyprus's internationally recognized Greek…
North Sea Giant, one of the world’s largest and most advanced subsea construction vessels (OSV), has installed an innovative cost-saving solution.This system, based on a unique Electronic Bus Link (EBL) from Yaskawa Environmental Energy / The Switch…
Claxton Engineering has won a multimillion-dollar contract to provide high-pressure riser and abrasive jet cutting services to the Deep Panuke decommissioning project offshore Canada.The supplier of engineering and services for shallow-water…
DeepOcean 1 UK, a subsidiary of DeepOcean Group Holding, has announced that the company has been awarded a contract within the Oil and Gas sector for the provision of post-lay trenching services along 65km of umbilical offshore Australia.The…
Veecraft Marine, subsidiary of Paramount Maritime Holdings, and Unique Group announced a strategic Agreement for the continued manufacture of the next-generation HYDRACraft 1400 Diving Daughtercraft. The maritime platform will be deployed by…
The latest Q modeling, and Q-compensating imaging techniques bring greater clarity to Northern Viking GrabenCGG has recently completed seismic depth imaging of its entire Northern Viking Graben multi-client survey, in the Norwegian North Sea…
Parties say transaction could close on or about November 15, 2018.Offshore services providers Tidewater and GulfMark Offshore announced today the filing of the joint definitive proxy statement and prospectus with the U.S. Securities and Exchange…
Interior Secretary Ryan Zinke has hinted to at least six coastal states that he will keep their waters out of a looming plan to expand U.S. offshore drilling, telling some they lack enough oil to be included anyway, according to state officials and transcripts from public hearings…
Florida based Aeolus Energy awarded Ulstein the design contract to develop the first ever Jones Act compliant offshore wind Service Operations Vessel (SOV), said a press release from Norway-based Ulstein Group ASA.The contract marks Ulstein’s entry into the U…
Nexans said it will supply a subsea power cable and associated accessories for the 219 MW Northwester 2 wind farm 46 km offshore from Zeebrugge, Belgium.The French based company has been awarded a contract from Northwester 2 developer Parkwind to design…
Stena Drilling has contracted Kongsberg Maritime to deliver a complete upgrade of its systems aboard the Stena Carron, a harsh environment dynamically positioned DP Class 3 drillship capable of drilling in water depths up to 10,000ft. Stena…
Egypt's petroleum minister said on Tuesday that a regasification vessel would leave Egypt by the end of the week, a day after Norway's Hoegh LNG said Egypt was to give up one of its two floating liquefied natural gas (LNG) terminals.The minister…