Offshore
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Dayang to take over Perdana Petroleum
Athens: Dayang Enterprise Holdings has today entered into a conditional share sale agreement to take over Malaysia-based offshore service provider Perdana…
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Shell pressing on with Arctic plans despite commissioners’ request
San Francisco: Shell spokespeople on Wednesday brushed off Tuesday’s request from Seattle Port commissioners to delay assembling its Arctic drilling…
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Drilling to resume in vicinity of Deepwater Horizon disaster
San Francisco: Just a few weeks after the fifth anniversary of the Deepwater Horizon disaster deep sea drilling is about…
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152 Siem Offshore workers dismissed in Brazil
Oslo: Siem Offshore has reduced its Brazil headcount by 152, including 120 seafarers, as contracts in the South American nation…
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Vard implements cost cutting as it struggles with lack of orders and foreign exchange losses
Singapore: Offshore shipbuilder Vard has released its quarterly results today, which were most notable for the company’s announcement that it…
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Delta SubSea takes newbuild on charter from Olympic Shipping
Houston: Delta SubSea (DSS) has announced it has an agreement to charter the Olympic Delta, a newly built multipurpose subsea…
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Seattle port bosses want Shell’s Arctic fleet delayed but not barred
San Francisco: One day after Shell’s Arctic drilling hopes received a boost from the US government, Seattle Port Commissioners sent…
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Drilling resumes at Isobel Deep well offshore Falkland Islands
San Francisco: Drilling resumed at the Isobel Deep well offshore Falklands as problems with a blowout preventer (BOP) were fixed…
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Simon Møkster Shipping lays off 70 and lays up two supply vessels
Athens: Norway’s Simon Møkster Shipping is to lay off 70 employees and lay up two of its vessels, while flagging…
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Atlantica’s tender drilling rig contract terminated by Total Congo
Oslo: Houston-headquarted Atlantica Tender Drilling has said that Total Congo has terminated a contract for its tender drilling rig BassDrill…
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Siem Offshore sells platform supply vessel and delays four newbuildings
Athens: Siem Offshore has delayed delivery of four of the nine platform support vessel (PSV) newbuildings it has under construction in…
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Subsea 7 cuts costs and staff, reshuffles organisation
Athens: The dire state of offshore shipping markets has forced Oslo-listed operator Subsea 7 to cut the size of its…
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DOF Offshore lays off 20 employees in Norway and Scotland
Athens: Oslo-listed DOF Offshore has laid off 20 staff primarily from its operations at Austevoll and Bergen in Norway, plus…
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James Fisher & Sons continues buying spree with X-Subsea acquisition
London: James Fisher & Sons has paid £14.8m ($23.1m) for the assets and intellectual property rights of X-Subsea, a designer…
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Maersk Oil extends Havila Shipping PSV deal
Oslo: Havila Shipping has said today that Maersk Oil has declared a one year option for the PSV Havila Fortune.…
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Technip awarded Thunder Horse contract by BP
Paris: Technip has announced that is has been was awarded a lump sum project by BP for the design, engineering, fabrication,…
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SapuraKencana scores contracts worth up to $269m
Kuala Lumpur: SapuraKencana Petroleum has announced that it has secured a total of $269m worth of projects in Mexico, Indonesia,…
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Huge boost for Shell’s Arctic drilling hopes
San Francisco: Shell earned a huge boost towards returning to exploratory offshore oil drilling in the Arctic on Monday when…
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ONGC seeks to step up output from western offshore fields
Mumbai: Explorer-producer Oil & Natural Gas Corporation (ONGC) is to invest INR250bn ($3.91bn) in its western offshore fields, stretching from…
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Belize considers relaxation of offshore drilling regulations
San Francisco: Belize’s government has caused consternation among conservationists and the marine biology community by saying it is considering loosening…
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