Bourbon sells 12 additional vessels to ICBC Financial Leasing for US$378 million and concludes a new sale and bareboat charter agreement with Standard Chartered Bank for $150 million Bourbon announces the transfer of ownership of 12 vessels…
The floating LNG (FLNG) market is poised for increased investment and activity from 2014 to 2020, with Douglas-Westwood forecasting total expenditure of US$64.4 billion in its new market report. Two-thirds of this spend is attributed to liquefaction infrastructure…
Subsea inspection, repair and maintenance (IRM) group Harkand has ordered a new build dive support vessel and agreed an option for a second. The order has been placed with Norway's Vard Holdings Limited (VARD), with delivery of the first vessel scheduled for Q2 2016…
Offshore accommodation services provider OOS International BV secured a four-plus-four-year charter contract for two semisubmersible crane and accommodation platforms for Petrobras. The vessels are scheduled to be delivered early 2014. The…
Subsea 7 provides this video charting the timeline of construction for its latest pipelay/heavy lift strategic enabler vessel Seven Borealis, delivered in 2012. Seven Borealis is a customized SOC 5000 model designed by ULSTEIN. The vessel's…
Seismic acquisition firms Electromagnetic Geoservices ASA (EMGS) and TGS have announced new contracts and an expanded co-operation agreement in the Barents Sea. The two firms said they will increase the number of blocks covered in the Barents Sea cooperation agreement from 11 to 17…
Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad has signed a bareboat charter contract with EnQuest for a floating production, storage and offloading vessel (FPSO) to be deployed at the Kraken field in the UK North Sea…
Dockwise has been awarded a US$275 million contract by Bechtel for Module Transport Services regarding the Chevron-operated Wheatstone Project in Western Australia. Work is expected to begin early 2014. The contract's scope includes logistical…
The President of Brazil, Dilma Rousseff, and Petrobras CEO, Maria das Graças Silva Foster, attended the work completion ceremony for the P-62 platform on 17 Dec 2013, at the Atlântico Sul Shipyard, in Ipojuca (state of Pernambuco). Before the ceremony…
DOF ASA has awarded Fugro a contract to provide satellite positioning for the entire DOF global fleet of more than 70 vessels. The contract is valid for five years with two optional years and also includes any new vessels added to DOF’s fleet…
Excelerate Energy L.P. completed its 500th commercial Ship-to-Ship (STS) transfer of LNG on September 23, 2013 in Escobar, Argentina at the GNL Escobar LNG import facility. Using Excelerate Energy’s regasification vessel, Exemplar and the conventional LNG carrier SCF Arctic…
Ocean Rig UDW Inc.announced today that it successfully took delivery of its newbuilding drillship, the Ocean Rig Skyros, on Friday, Dec. 20. The drillship is currently mobilizing to offshore Angola to commence drilling operations with Total.
Prosafe was awarded a 60-day contract by Swiber Offshore Construction Pte Ltd for the provision of the semisubmersible Safe Astoria for operations in the Natuna Sea gas project’s facilities off Indonesia. Total value of the contract firm period is approximately US$6…
Maersk Drilling has signed a contract with Premier Oil Norge AS for the jackup Maersk Guardian for a one well drilling operation, the Myrhauk exploration well, in the Norwegian North Sea. The duration of the contract is approximately 62 days…
Navis Engineering has completed work on its latest project with Singaporean offshore specialist Miclyn Express Offshore (MEO), following the commissioning of the DP2 system on board the ROV and dive support vessel Resolution. After successful sea trials…