Offshore
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World Marine Offshore takes over KEM Offshore
Denmark’s offshore vessel operator World Marine Offshore (WMO) has taken over compatriot offshore wind vessel owner KEM Offshore through acquiring…
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Prosafe agrees to defer Total contract
Accommodation platform operator Prosafe has entered into an agreement with Total to postpone by one year the commencement date for…
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Ørsted building new Taiwan-flagged SOV for Greater Changhua
Danish offshore wind specialist Ørsted has signed a 15-year charter contract with Ta San Shang Marine, a joint venture of…
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Mixed news for Transocean as one drillship extended while another one is terminated
Offshore driller Transocean has revealed both good news and bad news in its latest fleet status report. Beacon Offshore has…
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TGS wins appeal in tax law violation case
Offshore survey service provider TSG has announced that the company has been acquitted of Økokrim’s charge alleging violations of the Norwegian…
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Bumi Armada FPSO charter extended by ONGC
Malaysia’s Bumi Armada has announced that jointly controlled entity Shapoorji Pallonji Bumi Armada Offshore has received notification from India’s ONGC…
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Qatar Petroleum commences gas drilling at North Field East
Qatar Petroleum has commenced drilling at the North Field East Project. This latest phase of the North Field expansion project…
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Lamprell mothballs Jebel Ali yard and will close Sharjah yard as part of cost saving measures
Offshore engineering, procurement, construction firm Lamprell has made the decision to consolidate its operations by mothballing its facility at Jebel…
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Hornbeck Offshore secures support for chapter 11 restructuring
US offshore vessel operator Hornbeck Offshore has entered into a restructuring support agreement with the majority of its secured lenders…
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Shearwater GeoServices contracts in Asia Pacific terminated
Norwegian offshore survey specialist Shearwater GeoServices has received project termination notices for two contracts in Asia Pacific. The first one…
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Subsea 7 awarded installation contracts by Chevron
Norwegian offshore service provider Subsea 7 has been awarded contracts by Chevron for subsea installation services related to the Anchor…
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New contracts for Borr Drilling offset by series of terminations
Norwegian offshore driller Borr Drilling has announced some new contracts for its jackup rigs as well as a series of…
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Singapore deploys floating accommodation in fight against Covid-19
The Maritime and Port Authority of Singapore (MPA) has partnered with terminal operator PSA Singapore, Keppel Offshore & Marine, Bibby…
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Offshore drillers face up to $3bn of contract cancellations
A report by Rystad Energy says that the ongoing Covid-19 pandemic and oil price war have ravaged global energy markets,…
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BW Offshore to lay up FPSO Umuroa at Tui field
BW Offshore has announced that it has decided to plan for a layup for at Tui field as it has…
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Ocean Installer takes Island Offshore MPSV for Equinor job
Island Offshore has secured work for its newly delivered multipurpose vessel . The vessel has just commenced a 60-90 day…
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Allseas wins Aker BP removal contract
Allseas has secured a contract by Aker BP for the removal and disposal of multiple topsides and jackets from the…
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Havila Shipping agrees debt restructuring with lenders
After a year of negotiations, Norway’s Havila Shipping has now agreed with lenders on a restructuring of its debt. The…
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Bibby HydroMap goes into administration
Survey specialist Bibby HydroMap, part of Bibby Marine, has gone into administration with KPMG’s Andrew Stone and Rick Harrison appointed…
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Mystery investor circles stricken Swiber
Under judicial management since July 2016, Singapore offshore concern Swiber Holdings has received possible salvation. The company has revealed it…
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