Offshore
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SeaBird secures new Asia Pacific contract
Offshore seismic specialist SeaBird Exploration has received a letter of award to provide a vessel for an upcoming seismic project…
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Hayfin and Breakwater bring in Howard Woodcock to manage AHTS business
Hayfin Capital Management and Breakwater Capital have appointed former Bibby Offshore boss Howard Woodcock to head up its offshore vessel…
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Velesto awarded 11-well drilling contract
Malaysia’s Velesto Energy, formerly UMW Oil & Gas, has been awarded a contract by Roc Oil (Sarawak) for the provision…
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Seadrill awarded $273m in Tullow early termination dispute
Seadrill Partners has been successful in a case in the English High Court relating to the early termination of the…
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Boskalis appoints former DeepOcean CEO as energy division leader
Dutch offshore engineering specialist Boskalis has announced that Bart Heijermans will be nominated for appointment to the board of management,…
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Honghua Group faces $48m claim
Chinese oil and gas equipment manufacturer Honghua Group has announced that Shanghai Shangshi International Trade Group has commenced legal proceedings…
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Seadrill emerges from Chapter 11
John Fredriksen’s Seadrill has emerged from chapter 11 after completing its reorganisation plan as confirmed by the US Bankruptcy Court…
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Vantage Drilling awarded $622m in arbitration with Petrobras
Offshore driller Vantage Drilling has been successful in its arbitration with Brazil’s Petrobras with an international arbitration tribunal awarding in…
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Harvey Gulf emerges from chapter 11
Harvey Gulf International Marine has announced that it has completed its financial restructuring and emerged from chapter 11 bankruptcy proceedings,…
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TechnipFMC scores subsea contract with Total
TechnipFMC has been awarded a contract by Total E&P Angola for the Zinia Phase 2 field development offshore Angola. The…
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SBM Offshore awarded second FPSO contract by ExxonMobil
SBM Offshore has been awarded contracts by ExxonMobil to perform front end engineering and design for a second FPSO for…
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Siem Offshore secures new financing deal
Norwegian OSV operator Siem Offshore has received approval from its banks for a revised finance plan, which it says is…
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NPCC awarded EPC contract by ADNOC
Abu Dhabi-based National Petroleum Construction Company (NPCC) has secured an engineering, procurement and construction (EPC) contract from Al Yasat, a…
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BT Investment pulls the plug on Emas Offshore rescue plan
Emas Offshore, part of Singapore’s Ezra Holdings, has suffered the biggest setback yet to its financial restructuring after BT Investment…
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Japan Drilling Company applies for court protection
Japan Drilling Company (JDC) has filed a petition with the Tokyo District Court for the commencement of corporate reorganisation proceedings.…
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Maersk unveils new decommissioning brand
Having announced its entry in the rapidly developing decommissioning sector back in April, Maersk Drilling and Maersk Supply Service have…
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Ocean Rig delays drillship delivery from Samsung Heavy
George Economou’s Ocean Rig has reached an agreement with South Korean yard Samsung Heavy Industries to delay the delivery of…
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Shelf Drilling acquires jackup rig from Diamond Offshore
Dubai-based offshore driller Shelf Drilling has entered into an agreement with Diamond Offshore to purchase 2008-built jackup drilling rig Ocean…
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BW Offshore FPSO extended by Tamarind
BW Offshore has been awarded a one-year contract extension by Malaysia’s Tamarind for the lease and operation of FPSO .…
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Emas Offshore restructuring hits another hurdle
Emas Offshore, part of Singapore’s Ezras Holdings, has suffered another setback to its financial restructuring after BT Investment, part of…
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