Offshore
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Rem Offshore secures PSV extension with Apache
Norwegian offshore vessel owner Rem Offshore has secured a new one-year contract for its platform supply vessel . The 2012-built…
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Alam Maritim awarded new underwater services contract
Malaysia’s Alam Maritim Resources has been awarded a contract by Sapura OMV Upstream to provide underwater services. The contract is…
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Solstad Offshore finds work for six vessels
Norway’s Solstad Offshore has entered into medium-term contracts for six of its vessels. Each of the contracts, with undisclosed clients,…
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Awilco Drilling campaign delayed by Petrofac
Norway’s Awilco Drilling and Petrofac have come to an agreement to delay the commencement of the plug & abandonment program…
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Heavylift crane collapses in Rostock
A heavylift crane collapsed in dramatic fashion on Saturday smashing onto the offshore installation vessel while undergoing load tests at…
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Saipem lands Baltic Sea pipeline contract
Italian offshore contractor Saipem has been awarded a contract by Gaz-System worth around €280m ($306m) for the transportation and installation…
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Borr Drilling offloads pair of jackup rigs
Offshore driller Borr Drilling has sold a pair of jackup rigs for a total of $15.8m. The rigs offloaded are…
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Golden Energy Offshore lays up three
Norway’s Golden Energy Offshore Services has placed three of it’d vessels into temporary layup due to the severe reduction in…
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Maersk Drilling secures extension from Equinor at Martin Linge
Maersk Drilling has been awarded a four-well extension by Equinor for 2014-built jackup rig . The extension will commence in…
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Reach Subsea awarded North Sea contract
Norway’s Reach Subsea has been awarded a contract from a new client providing survey and construction support in the North…
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PetroChina swings to $2.3bn Q1 loss and Shell cuts dividend for first time since 1945
Giving an idea of the tough times ahead for international energy majors ahead this year, PetroChina yesterday revealed a net…
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BP’s Q1 results illustrate offshore’s predicament
BP reported Q1 figures yesterday with the oil major warning it will slash its group capital expenditure program by 25%…
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Sumitomo acquires stake in Yinson FPSO subsidiary
Japan’s Sumitomo Corporation has entered into an agreement with Malaysia’s Yinson Holdings to acquire a 25% stake in a Yinson…
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Floatel International seals charter extension with Equinor
Offshore accomodation provider Flotel International has agreed a new extension deal with Equinor for . The extension will see the…
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DOF chairman steps down
Norwegian offshore vessel owner DOF has announced that its chairman, Helge Møgster, will be resigning from the board of DOF…
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Beach Energy and Diamond Offshore go to battle over rig termination
Australia’s Beach Energy, operator of the Victorian Otway Basin Joint Venture, says that it will defend claims brought against it…
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BW Offshore secures FPSO contract extension from Petrobras
BW Offshore has received a contract extension from Petrobras for its FPSO to operate with the Brazilian national oil firm…
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Diamond Offshore Drilling files for chapter 11
US offshore driller Diamond Offshore Drilling filed for chapter 11 in the US Bankruptcy Court for the Southern District Texas…
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Maersk Drilling reducing crew pool by up to 300 as it prepares to stack rigs
Maersk Drilling has revealed its intentions to stack a number of the company’s North Sea rigs, which will lead to…
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Reach Subsea and MMT awarded several new contracts
Reach Subsea and joint venture partner MMT have been awarded several contracts and call-offs under frame agreements for 2020 execution.…
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