Fugro has won a contract to provide offshore survey and positioning services at the Kaombo oil development offshore Angola. Under the contract awarded by Technip, Fugro will provide offshore deepwater survey and positioning services to…
The protracted low price environment is pushing the offshore marine supply chain to breaking point. Rig managers, offshore support vessel (OSV) contractors and subsea vessel owners are trading at 60-70% discounts to 2013 highs and every week seems to usher in a new wave of profit warnings…
Sapura Navegacao Maritima’s (SNM) fourth pipelaying support vessel (PLSV), the Sapura Jade started work with Petrobras on 14 February. The Sapura Diamante. Image from SapuraKencana. The Sapura…
Solstad Offshore Asia Pacific awarded iSURVEY’s Singapore arm a marine construction support contract for Solstad's 2016 pipeline and platform installation program in Thailand, onboard the derrick lay barge (DLB) Norce Endeavour. The Norce…
Owners of significant floating assets are continuing to feel the pinch in the offshore market as rates sink to “unsustainable levels.” Floating production specialist BW Offshore says it is cutting its onshore staff by 35%, while Norwegian…
Rolls-Royce signed an US$11.5 million (£8 million) contract to supply the mooring system for the world’s largest semisubmersible crane vessel (SSCV), Sleipnir. An illustration of the Sleipnir vessel…
MacGregor signed a contract to supply its Pusnes technology to the COSCO Shipyard Group in China. Upon the terms of the agreement, MacGregor will design, manufacture, deliver and commission complete Pusnes loading systems for two cargo transfer vessels (CTVs)…
Wärtsilä entered into a contract with Shanghai Bestway Marine Engineering Design Co. last month to design a new type of deepwater dive support vessel (DSV) for China state-owned company Shanghai Salvage Bureau (SSB). Image from Wärtsilä…
Chevron awarded Ensco a contract for its Ensco 8504 semisubmersible rig, offshore Indonesia. The rig is mobilizing to Indonesia, and is expected to begin operations in late March. The contract is set to end in early July with a dayrate of about US$270…
Norwegian giant Statoil is ending its contract for the Maersk Gallant six months early, however, French supermajor Total will pick up the jackup. The rig has been on contract with Statoil for two years, since 21 August 2014, and since 9 October it has been sub-chartered to ConocoPhillips…
Transocean is stacking two of its ultra deepwater drillships due to current market conditions that will result in the reduction of about 200 jobs. The Transocean Champion. Image from Gusto MSC…
Shell is cancelling the divestment of an 80% stake in the Bijupirá and Salema fields, including the Fluminense floating production and storage offloading unit (FPSO). The Fluminense FPSO. Image from Modec…
Petróleo Brasileiro (Petrobras) has started production from the Cidade de Maricá floating production storage offloading unit (FPSO), in the pre-salt layer of the Santos Basin, offshore Brazil, in addition to the expansion of the country’s longest subsea natural gas pipeline…
Eidesvik Offshore entered into a new contract extension with Technip for the Viking Neptune subsea support vessel that is scheduled to begin in early April. The supply ship Viking Prince has also been awarded a contract with Faroe Petroleum for a well starting in mid May 2016…
Nakilat-Keppel Offshore & Marine (N-KOM), the joint venture shipyard between Qatar’s Nakilat and Keppel Offshore & Marine (Keppel O&M), has successfully delivered its first liftboat unit, Al Safliya, to Qatari rig operator Gulf Drilling International (GDI)…