Offshore
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Fredriksen’s Northern Drilling proceeds with newbuild semi-submersible
John Fredriksen’s new rig investment company Northern Drilling has exercised its option at Hyundai Heavy Industries (HHI) for semi-submersible rig…
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Ocean Rig explores sale opportunities
Nasdaq-listed Ocean Rig is ready to explore a sale under pressure from shareholders, according to Reuters citing unnamed sources. The…
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TGS and Schlumberger secures seismic project offshore Egypt
TGS-NOPEC Geophysical Company (TGS) and Schlumberger has secured a new 2D seismic project offshore Egypt. The project is part of…
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New offshore specialist sets up in Aberdeen
Britain’s Global Marine Group (GMG), an offshore engineering services provider to the telecommunications, renewables and oil and gas industries, has…
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Statoil exercises option for Odfjell semi-submersible
Statoil has exercised the first of four options it has on Odfjell Drilling semi-submersible rig . Statoil originally contracted the…
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SBM Offshore completes financing for FPSO Liza
Netherlands-based SBM Offshore announced on Wednesday it has completed project financing of $720m for the floating production, storage and offloading…
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Bumi Armada commences worker cull as part of OSV department reorganisation
Malaysian offshore services giant Bumi Armada is reorganising its OSV business unit, which is likely to see 40% of the…
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Solstad Farstad targets further post-merger cost savings
Norwegian offshore vessel operator Solstad Farstad is looking to make NOK 700m-800m worth of savings during 2018, following cost reductions…
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Kim Heng fixes AHTS trio in East Malaysia
Kim Heng Offshore & Marine has been awarded spot charters in East Malaysia for its three anchor handling tug supply…
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Wilson Sons Ultratug Offshore fixes PSV trio to Petrobras
Brazil’s Wilson Sons Ultratug Offshore, a joint venture between Wilson Sons and Petronect, has won a series of contract for…
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H&C Marine Engineering takes over two liftboat newbuildings at Dajin Heavy
Shanghai Bestway Marine & Energy Technology has announced that its affiliate shipyard Jiangsu Dajin Heavy Industries has entered into a…
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TechnipFMC awarded EPCI contract by VNG Norge
TechnipFMC has secured an integrated engineering, procurement, construction and installation (EPCI) contract from VNG Norge. The contract covers the provision…
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Seabed Geosolutions scores seismic contracts worth $60m
Seabed Geosolutions, the seismic joint venture between Fugro and CGG, has been awarded a pair of seismic acquisition projects worth…
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Modec to provide and run FPSO for Petrobras project in Libra block
Brazil’s state oil firm Petrobras has signed a deal with Japan’s Modec, a supplier of offshore platforms, to build and…
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Maersk pockets $100m and exits Egyptian drilling sector
A.P. Møller – Mærsk continues to divest itself of its energy holdings. The Danish conglomerate has just announced it has…
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Ultra Deep Solutions in for well intervention vessel at CMHI
Singapore’s Ultra Deep Solutions has signed an LOI with China Merchants Heavy Industry for a SALT 310 well intervention vessel.…
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McDermott and CB&I to combine in $6bn mega merger
Texas-based offshore services firms McDermott International and CB&I have agreed to a merger to create a fully integrated onshore-offshore company…
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Workers sue Shell and Enbridge over injuries sustained in November oil platform fire in the Gulf of Mexico
Three workers who were injured in a fire on an oil platform in the Gulf of Mexico are suing units…
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Polarcus awarded Caribbean project
Dubai-based seismic specialist Polarcus has been awarded a new contract for a 3D project in the Caribbean. The project will…
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Statoil acquires quarter stake in Roncador field offshore Brazil
Norway’s Statoil on Monday announced it is acquiring a 25% stake in the Roncador oil field offshore Brazil from Petrobras,…
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