Offshore
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QMS orders six jackups at CSIC
UAE offshore driller Quality Marine Services (QMS), a subsidiary of Abu Dhabi based Zakher Marine International, has signed contracts with…
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Noble cold stacks semi-submersible rig
US offshore driller Noble Corporation has cold stacked another semi-submersible rig amid the depression in the offshore oil and gas…
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BOEM pressed to retain three planned leases for drilling offshore Alaska
US Senator for Alaska, Lisa Murkowski, is again pressing the Bureau of Ocean Energy Management (BOEM) to retain all three…
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Otto Marine wins one arbitration and begins another
Otto Marine has successfully defended a multi-million-dollar claim in the Singapore International Arbitration Centre and has commenced another arbitration in London.…
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SGX calls for greater transparency in wake of Swiber’s demise
In the wake of the shock demise of Swiber Holdings, the chief regulatory officer of the Singapore Exchange (SGX), has…
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Farstad delays reporting its quarterly results as takeover speculation mounts
Farstad Shipping has postponed reporting its second-quarter financial results while it continues to negotiate with its creditors, banks and “other parties”, which…
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Palfinger Marine aborts takeover of TTS Group
Austria’s Palfinger Marine has decided not to complete the planned acquisition of Norwegian cranes and offshore systems provider TTS Group.…
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Strike action under way to protest Petrobras selling off fuel distribution arm
Planned strike action by workers of Petrobras’ fuel distribution arm got under way around Brazil on Monday, according to Reuters.…
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‘Weeks’ before the grounded Transocean Winner can be moved
Salvors say it could be weeks before they can refloat the , the semi-submersible drilling rig that ran aground off…
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Farstad PSVs win contracts with BG
BG Tanzania has awarded three Farstad platform support vessels (PSV) Far Skimmer (built 2012), Far Starling (built 2013) and Far Sitella…
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Sete Brasil submits its reorganization plan for recovering from bankruptcy
Sete Brasil, the oil rig chartering firm that filed for bankruptcy in April, has presented its draft reorganization plan that…
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Double boost for Vallianz post-Swiber
Singapore’s Vallianz Holdings has received a double boost as it fights to distance itself from the contagion surrounding the demise…
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Otto Marine takeover moves a step closer
Singapore offshore shipbuilder and vessel operator Otto Marine has announced that Singapore Exchange has no objection to the proposed delisting…
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Swissco takeover of VM Marine falls through
Swissco Holdings has announced that its plan to take over VM Marine has failed with the parties unable to reach…
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Daya Materials awarded contract by Schlumberger
Daya Materials has announced that its subsidiary Daya Maxflo has been awarded a three-year contract by Schlumberger for services in…
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Presidential hopeful would undo Mexico’s energy reforms
Mexico’s energy reforms could be undercut or reversed if a left-wing candidate succeeds in ousting the sitting national President Enrique…
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Ocean Rig share price falls over 60% on bankruptcy fears
Investors reacted with shock at news George Economou’s drilling venture Ocean Rig could file for bankruptcy. Ocean Rig’s share price…
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Up to 52 tonnes of diesel spilled from grounded Transocean rig
The rig which ran aground Monday night on the Scottish isle of Lewis might have spilled as much as 52…
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Tanjung Offshore sues former managing director
Malaysia’s Tanjung Offshore has filed a property-related suit in the High Court of Kuala Lumpur against four defendants, among them…
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Kongsberg Maritime sheds another 100 jobs
Kongsberg Maritime has said it will lose another 100 permanent employees, which will bring the total number of people made…
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