Offshore
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Horizon Maritime to acquire Nordic American Offshore
Supported by Canadian investor John Risley, Canada’s Horizon Maritime Services has entered into a memorandum of understanding with Nordic American…
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Solstad Farstad renamed Solstad Offshore
Solstad Farstad has changed its name to Solstad Offshore, announcing the change on social media yesterday. The company was formed…
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Golden Energy Offshore secures contract extension from Total
Norwegian OSV operator Golden Energy Offshore Services has secured a two-month extension from Total Nigeria for platform supply vessel in…
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Nam Cheong completes debt restructuring
Malaysian offshore shipbuilder Nam Cheong has completed its debt restructuring exercise, implementing the proposed schemes of arrangement. The restructuring of…
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EMGS looking for new CEO after Vermeijden resigns
Offshore seismic specialis EMGS has announced the resignation of its CEO Christiaan Vermeijden due to personal reasons. Vermeijden, who has…
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Transocean drillship extended by Petrobras
Offshore driller Transocean has been awarded a 790-day contract extension by Brazil’s Petrobras for 2009-built ultra-deepwater drillship . The drillship…
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Aban Offshore awarded jackup contract
Indian offshore drilling contractor Aban Offshore has received a letter of award for the deployment of its jackup rig offshore…
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Petrobras fined $853m by US authorities
Brazilian energy major Petrobras has agreed to pay a combined total of $853.2m in penalties to resolve the US government’s…
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Wood secures offshore engineering contract from Wintershall
UK-based offshore engineering specialist Wood has secured a new contract from Wintershall to provide engineering and construction services to the…
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Oceanteam secures CSV contract from McDermott
Dutch offshore service provider Oceanteam has secured a new contract with McDermott for the charter of its construction support vessel…
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Solstad Farstad PSV scores long-term Qatar deal
Norway’s Solstad Farstad has been awarded a two-year contract for 2006-built platform supply vessel . The vessel is currently mobilising…
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Pacific Drilling completes $1bn note offering
Pacific Drilling has announced the closing of its previously announced $1bn private offering of senior secured notes as part of…
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Aker Solutions to collaborate further with Equinor on subsea projects
Offshore service provider Aker Solutions has signed a strategic, global collaboration agreement with Equinor to ensure mutual and continuous improvement…
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Jasper Offshore sells 45-year-old drillship for scrap
Singapore’s Jasper Offshore has sold its 1973-built drillship for scrap. According to rig broker Bassoe Offshore, the drillship was sold…
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Aker Energy awards drilling contracts to Maersk Drilling, Halliburton and Exceed
Aker Energy has awarded drilling contracts for the Deepwater Tano Cape Three Points block offshore Ghana to a number of…
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Plenty more OSV bankruptcies predicted
With the OSV sector still oversupplied by some 1,550 vessels, 34 out of 38 OSV operators studied by consultancy AlixPartners…
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Fugro appoints new CEO
Dutch offshore service provider Fugro has announced the appointment of Mark Heine as CEO and chairman of the board of…
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Sapura Energy awarded $197m worth of contracts
Malaysian offshore service provider Sapura Energy has been awarded a series of new contracts worth RM815m ($197m) in total. Sapura…
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OSV crew abandoned in Dubai highlight their plight
Eight crew stranded onboard the 1992-built OSV have gone public with their plight, claiming their employers abandoned them in Dubai…
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Turkish Petroleum awards Rowan two-well contract for jackup
Rowan Companies has been awarded a contract for operations in the Mediterranean Sea by Turkish Petroleum for 2011-built jackup rig…
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