Offshore

BW Offshore offloads Opal VLCC

March 11th, 20150 Singapore: BW Offshore has sold the VLCC BW Opal for $85.5m to BW Group. The agreement also includes an option for BW Offshore to buy back the vessel until the first...

Reach grabs work for Edda Fonn

March 11th, 20150 Oslo: Subsea operator Reach Subsea has won a contract for ROV/survey vessel Edda Fonn (built 2003) to an undisclosed international client for operations in the...

Wintermar postponing deliveries

March 11th, 20150 Jakarta: Indonesian shipowner Wintermar Offshore Marine has announced that it has reduced its planned 2015 capital expenditure by 40% to $30m to deal with market...

Nam Cheong secures pair of orders

March 11th, 20150 Kuala Lumpur: Malaysian offshore shipbuilder Nam Cheong has announced that it has sold two vessels worth around $58m. Singapore's Marco Polo Marine has ordered a...

Gas production starts at Pelikan

March 10th, 20150 Jakarta: Energy firm Premier has revealed gas production from the Pelikan field in the Natuna Sea Block A, offshore Indonesia commenced yesterday. This follows first gas...

BOA Offshore heads to NorYards

March 10th, 20150 Oslo: BOA IMR, a new BOA Offshore subsidiary, has contracted NorYards Fosen for a light construction/IMR vessel with delivery scheduled for spring 2017. The 108 m long...

Maersk selling stake in Esvagt

March 10th, 20150 Copenhagen: AP Moller-Maersk's strategy of offloading non-core assets and focusing on its main group sectors has seen it put its stake in offshore company Esvagt up for...
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