Offshore
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Gulf Marine Services secures new vessel contract
Offshore service provider Gulf Marine Services has announced that it has secured a new contract for one of its mid-size…
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Seadrill secures two drillship contracts
Seadrill has secured two new contracts for drilling services, according to the company’s latest fleet update report. Drillship West Saturn…
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BOMESC lists on Shanghai Stock Exchange
Tianjin-based BOMESC Offshore Engineering has officially listed on Shanghai Stock Exchange today. According to the company’s IPO plan, BOMESC is…
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Swissco officially seeks judicial management in Singapore
Troubled Singapore offshore operator has officially sought judicial management, weighed down by millions of debts and banks unwilling to support…
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Swiber sells barge, proceeds to go to DBS Bank
Swiber Holdings, under judicial management in Singapore since July, has managed to sell one of its older barges, the .…
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Farstad Shipping secures new contracts
Farstad Shipping has announced that it has been awarded four vessel charter contracts from Petrobras, Shell and Saipem. Petrobras has…
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Saudi Aramco and Rowan create drilling jv
Rowan Companies and the Saudi Arabian Oil Company (Saudi Aramco) have signed an agreement to create a 50/50 joint venture…
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Court halts sale of two Petrobras fields to Australian company
A Brazilian court has placed an interim injunction on the sale of two offshore fields by state oil firm Petrobras…
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Reprieve for Perisai Petroleum Teknologi
Troubled Perisai Petroleum Teknologi, a Malaysian associate company of Emas Offshore, has got some breathing room from creditors thanks to…
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Obama administration’s five-year plan blocks drilling in Arctic waters
Two days after widespread media reports predicted it, on Friday the administration of US President Barack Obama blocked oil and…
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Petrobras board approves sale of its LPG division for $819m
The board of Brazil’s state oil firm Petrobras has approved the sale of its liquefied petroleum gas (LPG) division for…
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Deep Sea Supply layups continue, 54% of fleet out of action
John Frediksen’s offshore support vessel firm Deep Sea Supply now has 20 vessels laid up, more than half its fleet.…
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Shandong Offshore orders three decommissioning vessels at CIMC Raffles
Shandong Offshore subsidiary Shandong Twin Marine has signed shipbuilding contracts with CIMC Raffles for the construction of three semi-submersible vessels.…
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GC Rieber Shipping secures West Africa charter
GC Rieber Shipping has entered into a time charter agreement with Marine Platforms Limited in West Africa for subsea construction…
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Xodus secures FEED contract from Black Sea Oil & Gas
Offshore integrated services company Xodus has been awarded a contract by Black Sea Oil & Gas for the front end…
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Sirius Petroleum signs financing contract with COSL Drilling
Oil and gas exploration investment company Sirius Petroleum has announced that it has entered into a key vendor financed offshore…
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EMGS secures Malaysian contract extension
Electromagnetic Geoservices has confirmed that it has entered into a firm contract extension with an oil company in Malaysia. The…
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Legal spats proliferate for Swissco
Swissco Holdings, which entered interim judicial management earlier this week, has seen claims against it mount. Fellow Singapore offshore operator…
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Ultra Deep Solutions: The art of subsea
Shel Hutton: the man… the myth… the legend.” So gushes one contact of this dive veteran on LinkedIn, and indeed…
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Swiber Holdings under investigation
Swiber Holdings has announced that it has received a notice from Singapore’s Commercial Affairs Department that it is investigating an…
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