Offshore
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Perisai Petroleum continues negotiations after default on bonds
Kuala Lumpur-listed offshore firm Perisai Petroleum Teknologi has failed with a proposal asking its Singapore bondholders to delay the maturity…
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Swissco seeks refinancing of notes
Singapore offshore firm Swissco Holdings has announced the appointment of Ernst & Young Solutions as an independent financial advisor to assist in…
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Transocean wins semi-sub contract, suffers termination of drillship contract
Offshore driller Transocean has announced a new contract for semi-submersible rig Transocean Barents only to reveal the early termination of drillship Discoverer…
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Brazil may change law to let Petrobras sell stakes in offshore fields
Brazil’s government could change the law to allow troubled state oil firm Petrobras to sell stakes in some offshore oil…
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Maersk Supply Service cuts workforce by another 25%
Maersk Supply Service is to reduce its onshore workforce by a further 25%, which it said was “in response to…
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Keppel admits ‘suspicious’ payments made in Petrobras scandal
Singapore’s Keppel Corporation has admitted internal investigations have shown certain transactions associated with Zwi Skornicki from Eagle do Brasil, an…
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Olympic Ship buys more time with second standstill extension
Oslo-listed Olympic Ship has again extended its standstill agreement with secured lenders, this time through to October 14. Olympic will…
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Dolphin Drilling semi-submersible contract terminated by Total
Norway’s Fred. Olsen Energy has announced that Total E&P UK has terminated the contract for Dolphin Drilling semi-submersible rig .…
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BP slams Deepwater Horizon movie
Despite winning the praise of movie critics, the new blockbuster movie Deepwater Horizon starring Mark Wahlberg has not received the best…
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Mexico, the US and Cuba discussing overlapping offshore rights in Gulf of Mexico’s Western Polygon
Representatives from Mexico, the US and Cuba met in Mexico City in a continuing effort to delineate each country’s rights…
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SapuraKencana wins new contracts worth $215m
Malaysia’s SapuraKencana has won several new contracts across India, Brunei and Malaysia worth a total of $215m. In India, the…
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DOF secures contract extensions
Offshore vessel operator DOF has announced that it has secured various contract extensions in different market regions. In Norway, Statoil…
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NYK seals deal to take 25% stake in Emas Chiyoda Subsea
Singapore’s Ezra Holdings has announced the completion of the deal for Japanese shipping line Nippon Yusen Kabushiki Kaisha (NYK) to…
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Noble Energy plans further job cuts
Houston-based oil and gas E&P company Noble Energy has told staff it plans to make more job cuts before the…
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Pacific Exploration and Production selling blocks offshore Brazil
Canadian corporation Pacific Exploration and Production announced it is selling its 35% stake in the Karoon Blocks concession offshore Brazil.…
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Duke Offshore wins crew boat contract
India’s Duke Offshore has announced that it has secured a long term contract for its new high speed patrol/crew boat…
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Unions reject Petrobras contract offer and call for work to rule
The FUP confederation of oil workers’ unions has called on its members to work to rule at Petrobras facilities after…
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BOEM issues draft plan to limit damage from geological surveys
The US Bureau of Ocean Energy Management (BOEM) on Wednesday issued provisional proposals for protecting marine life and habitats in…
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Eidesvik Offshore offloads PSV
Norway’s Eidesvik Offshore has announced the sale of 2004-built platform supply vessel . The buyer of the vessel was not…
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Odfjell Drilling completes refinancing
Odfjell Drilling has announced that the conditions for the refinancing for its rig-owning entitiy Deepsea Invest have been fulfilled. The…
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