Offshore
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Erin Energy files for chapter 11 bankruptcy protection
Houston-based Erin Energy Corporation, which mainly focuses on offshore oil developments in Africa, has filed for Chapter 11 bankruptcy protection.…
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McDermott management stands firm in face of growing Subsea 7 overtures
Top management at American offshore firm McDermott International remain resolute against the takeover overtures from Kristian Siem’s Subsea 7. The…
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Stena Drilling semi-submersible awarded Total contract
Stena Drilling has been awarded a contract with Total E&P UK for 2001-built semi-submersible rig for drilling at the Glendronach…
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DeepOcean appoints new CEO
Norwegian subsea operator DeepOcean, fresh from acquiring ROV specialist Delta SubSea earlier this week, has announced the appointment of Øyvind…
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Shell decides to invest in Vito development offshore Louisiana after cutting costs
Shell has made a final investment decision (ID) to authorize the multibillion-dollar Vito development in the deep-water US Gulf of…
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Heerema quits offshore pipe lay activities, 350 jobs lost
Dutch offshore firm Heerema Marine Contractors has decided to discontinue its offshore pipe lay activities as part of a strategic…
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Ensco scraps three rigs
Offshore driller Ensco has sold three drilling rigs for scrap as part of its ongoing effort to optimise its fleet…
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Petrofac sells newbuild derrick lay vessel project to ZPMC
UK-based oil and gas service provider Petrofac has entered into an agreement to sell the deepwater derrick lay vessel JSD6000…
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Ocean Rig postpones drillship delivery at Samsung Heavy Industries
George Economou’s offshore driller Ocean Rig has reached an agreement with South Korean shipbuilder Samsung Heavy Industries to postpone delivery…
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Solstad Farstad continues to trim its anchor handling fleet
Norway’s Solstad Farstad has sold 2008-built anchor handling tug supply vessel Nor Chief to an undisclosed third party. The vessel…
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DeepOcean acquires Delta SubSea
Norway’s DeepOcean has acquired US remotely operated vehicle specialist Delta SubSea in a move to expand its presence in the US…
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Havila Shipping secures PSV extension from Maersk Oil
Norwegian OSV operator Havila Shipping into an agreement with Maersk Oil and Gas, an affiliate company of Total, for a…
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Subsea 7 moves to acquire McDermott for $2bn, wants CB&I deal scrapped
Kristian Siem-led Subsea 7 has proposed a deal to the board of US offshore firm McDermott International to acquire the…
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Saipem awarded $190m worth of new contracts
Italian offshore services firm Saipem has been awarded several new contracts, led by semi-submersible rig Scarabeo 8, worth a total…
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US Senators introduce Clean Coast Act to codify safety rules for offshore drilling
Two Democratic US Senators from the state of Washington have introduced a bill to codify into law some rules for…
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Mexico slaps 30-month ban on Odebrecht because of corrupt dealings with Pemex
Mexican authorities have banned all state entities – especially the oil firm Pemex – from having business dealings with the…
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Statoil awards Njord Bravo FSO upgrade contract to Aibel
Norway’s Statoil, on behalf of the Njord license, has awarded a NOK1.3bn ($166.7m) contract to Aibel for the upgrading of…
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Rowan Companies awarded contracts for drillship and jackup pair
Houston-headquarterd offshore driller Rowan Companies has reported new contracts for a drillship and two jackup rigs in its latest fleet…
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Micoperi fails in standstill bid
Ravenna-based Micoperi was not able to reach a positive vote from 51% of the bondholders called to express their votes…
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EMAS Offshore gets Oslo Børs reprieve
Emas Offshore, part of Singapore’s Ezra Holdings, has successfully appealed the decision of Oslo Børs to delist the company. In…
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