Norway
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Europe
‘We’re not in the business of constantly acquiring shiny new toys’: NAT’s Hansson
Herbjørn Hansson, the chairman and ceo of Nordic American Tankers, is well known for his more colourful letters to shareholders.…
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Europe
Norsafe: Freefall firsts
Tromøy: Norsafe is the only company in the world to have developed three freefall lifeboats according to the latest DNV-OS-E406…
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Europe
Shell ducks out of Norwegian Arctic oil bid
Royal Dutch Shell has pulled out from plans to enter Norway’s Arctic-focused oil licensing round. “The decision is part of an…
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Europe
Rem Offshore gets contract cancellation for CSV
Rem Offshore has received a contract termination from Bahrain-based Adams Offshore for its multi-support and construction vessel (CSV) Rem Poseidon…
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Europe
Aker Solutions wins MMO contract from Statoil in the North Sea
Aker Solutions is to perform the preliminary engineering work that will prepare Statoil’s Utgard gas and condensate field to be…
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Americas
Shell extends timecharters of LR3 tanker duo
Shell has extended its period charters of two LR3 vessels by a further year at lower rates, brokers report today.…
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Europe
Olympic OSV wins accommodation contract from Maersk Oil
Oslo-listed Olympic Shipping’s multipurpose field support vessel has won a 100-day contract from Maersk Olie og Gas in which it…
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Europe
Seadrill ‘in debt talks’ with Houlihan and Morgan Stanley
Seadrill is believed to have hired Houlihan Lokey and Morgan Stanley as advisers during negotiations for its $11bn debt restructuring,…
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Europe
Songa Offshore refinances with convertible bond for up to $125m
Songa Offshore is to go ahead with its “comprehensive refinancing” by issuing a convertible bond of between $100m and $125m.…
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Europe
Norwegian offshore owners brace for more woe
Norwegian offshore owners expect access to capital to get even tighter in the coming months, according to a report just…
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Americas
Sevan Drilling fixes Brazilian rig contracts
Sevan Drilling has sorted out its problems with two rigs in Brazil. Petrobras had suspended the contract of the Sevan…
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Europe
Aker Solutions to undertake subsea engineering work for BP worldwide
BP has awarded Aker Solutions with a contract to provide subsea engineering services to its offshore infrastructure worldwide for a…
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Asia
Farstad AHTS wins contract with Woodside
Woodside Energy has chartered Farstad Shipping’s anchor handling tug supply (AHTS) vessel (24,371 bhp) for 17 months, commencing in June.…
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Europe
Maersk Drilling chops another 70 staff as jackup contract ends
Maersk Ansattes Forening (MAF), the association representing Maersk employees, has announced that Maersk Drilling Norway is cutting an additional 70…
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Europe
Viking Supply proposes standstill agreement with bondholders
Oslo-listed Viking Supply has called a meeting to propose a standstill agreement that would stay its financial obligations to bondholders…
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Europe
Dualog: Internet priorities
Tromsø: Norwegian comms firm Dualog is growing fast – with more than 500 ships set to join its servers this…
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Europe
Siem to provide walk-to-work services to North Sea offshore windfarm
Siem Offshore Contractors is to supply a walk-to-work (W2W) service operations vessels (SOV) to Ocean Breeze Energy at the German…
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Asia
Siem Offshore wins another AHTS contract from Woodside Energy
Siem Offshore Australia’s anchor handling tug supply (AHTS) vessel (28,000 bhp, built 2010) has won a new contract in Australia…
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Europe
Statoil exercises Ocean Installer option
Ocean Installer has announced that Statoil has exercised an option for flexible jumper replacement at the Vigdis field in the…
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Europe
Island Offshore bondholders approve restructuring
Island Offshore’s bondholders have approved the Oslo-listed company’s restructuring plans. Some 96.34% of the voting bonds represented at a meeting…
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