American multinational oil and gas corporation ExxonMobil and its partners said that they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum…
DEME Offshore’s newest heavy-lift jack-up Apollo has recently completed a one-month conversion project at Damen Shiprepair Dunkerque (DSDu) that included the installation of a moon pool on the main deck.According to DSDu, the technical demands…
The creditors of indebted French marine services company Bourbon reached a restructuring deal that would give them control of the company, protect jobs and draw new liquidity.Bourbon has been hurt by market overcapacity and a fall in spending on services by upstream oil and gas companies…
Electromagnetic Geoservices (EMGS) has signed a contract for a multi-year acquisition contract with the Mexican state-owned petroleum company PEMEX.The two-year contract has a value of approx. USD 73.3 million with a minimum value of approx…
Classification society DNV GL reports it has signed a contract for the first Cyber Secure class notation with Stena Drilling. The contract covers the application of the “Basic+” notation to the drillship Stena IceMAX and includes the vessel’s dynamic positioning…
Danish company Ziton has added Vroon jack-up MPI Enterprise to its fleet under a bareboat charter agreement.The vessel has been chartered on a bareboat agreement with Vroon as of 28 May 2019 until 31 March 2021. Ziton will then have the option to acquire the vessel…
Singapore Technologies Engineering (ST Engineering) announced that its U.S. company Vision Technologies Systems (VT Systems) has set up a subsidiary ST Engineering Halter Marine and Offshore, based in Pascagoula, Miss., with share capital of US$10 (approximately S$13…
China Merchants Offshore Technology Research Center (CM-OTRC), the R&D center for China Merchants Industry Holdings (CMI) of Shenzhen, China, have completed the basic design of the OOS Zeelandia a new semisubmersible crane vessel (SSCV) that…
German energy group Uniper has concluded an agreement with Australian fund First State Investments to divest its stake in OLT Offshore liquefied natural gas (LNG) Toscana.First State Investments will acquire Uniper’s entire OLT stake. The purchase price for Uniper’s stake amounts to approx…
Qatar Petroleum said it has awarded the front end engineering and design (FEED) contract for the North Field Expansion Project’s offshore pipelines and topsides facilities to McDermott Middle East Inc.The scope of work awarded includes engineering…
The deepwater drilling contractor Seadrill said that its contract backlog, as of May 23, 2019, totaled approximately $1.9 billion.The drilling services provider said it has added $130 million of additional backlog from March, including the AOD…
Independent Angolan diving services company OCTOMAR Serviços Marítimos Limitada has taken delivery of a new Fast Crew Supplier (FCS) 2206, its first vessel from the Damen Shipyards Group.The vessel was selected for its ability to undertake a variety of roles…
Dutch firm Heerema Marine Contractors and Singapore's Sembcorp Marine, on Thursday, showed off the world's largest crane vessel that can be used for the setup and decommissioning of offshore oil and gas facilities.The semi-submersible vessel…
N-Sea Holding announced Thursday it has appointed Arno van Poppel as Chief Executive of the Netherlands based subsea inspection, maintenance and repair (IMR) services provider.van Poppel succeeds Gerard Keser, who steps down from his current…
Netherlands-based transmission system operator TenneT Holding B.V. has launched and priced another Green Bond issue of EUR 1.25 billion, with proceeds set to be used for investing in offshore wind.The Green Bond issue is split in two tranches…
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