Norway
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Europe
Knot Offshore Partners buys shuttle tanker
Knot Shuttle Tankers, part of NYSE-listed Knot Offshore Partners, is to acquire the registered owner of the shuttle tanker Ingrid…
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Europe
Norwegian Energy Company CEO steps down
Tommy Sundt has stepped down from his role of CEO at Norwegian North Sea E&P firm Noreco. Sundt, who joined Noreco…
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Europe
Possible takeover of Siem Offshore edges nearer
Siem Europe has received acceptances to acquire a further 110,855 shares in Siem Offshore, which will raise its stake in…
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Americas
Ocean Installer wins subsea agreement from BP in Gulf of Mexico
Norway-based Ocean Installer has signed a regional framework agreement with BP for subsea work in the Gulf of Mexico. The…
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Europe
Østensjø Rederi wins Dong Energy SOV contract
Norwegian offshore vessel owner Østensjø Rederi has been awarded a contract to provide a newbuild service operation vessel to DONG…
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Europe
Three more offshore vessels go into layup in Norway
Two platform supply vessels (PSVs) and an anchor handling tug supply (AHTS) vessel have been laid up in Norway, according…
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Europe
Beykim Petrolculuk in deal with old friend Team Tankers
Turkish chemical tanker player Beykim Petrolculuk is taking advantage of the record low prices in the secondhand market and has…
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Europe
Another PSV laid up, latest fixtures show rock-bottom rates
The 2013-built platform supply vessel (PSV) FC Untouchable (3,300 dwt), owned by Fratelli D’Amato UK, has gone into layup in…
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Europe
New head of Odfjell Tankers named
Harald Fotland has been named the new head of Odfjell Tankers, moving up from his previous position of senior vice-president/chief…
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Europe
GC Rieber takes early redelivery of survey vessel from Dolphin Geophysical
Dolphin Geophysical is to redeliver the survey vessel Polar Duke to GC Rieber Shipping earlier than scheduled in an effort…
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Europe
Farstad lays up five more
Farstad Shipping is planning to lay up two PSVs and three AHTSs in Norway due to what it described as…
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Europe
Siem Offshore cancels three Petrobras contracts
Siem Offshore has axed another series of unprofitable long term charters. It has come to an agreement with Brazilian state…
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Europe
EMGS extends BOA charter
Electromagnetic Geoservices (EMGS) has signed an extended charter agreement for the vessel BOA Thalassa with BOA SBL at what it…
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Europe
Electromagnetic Geoservices to shed a vessel and staff to cut costs
Electromagnetic Geoservices (EMGS) is to sell one of its three owned vessels and will lose more of its staff to…
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Europe
Prosafe chairman steps down
Ronny Johan Langeland resigned yesterday as chairman of the board of Prosafe due to health reasons. The board will convene…
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Europe
Havila Shipping lays up AHTS pair, cuts staff
Norwegian offshore specialist Havila Shipping has said today that it has decided to lay up AHTS vessels Havila Mars and…
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Europe
DOF Subsea scores contracts worth $351m
Norway’s DOF Subsea has been awarded several major contracts worth more than NOK 3bn ($351.2m) including options. The contracts are…
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Europe
Teekay’s Tanker Investments upsizes share repurchase
Teekay Corporation’s special investment company Tanker Investments has announced today that the company is upsizing its existing share repurchase program…
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Europe
Topaz Energy and Marine heads to Vard for OSCV pair
Offshore shipbuilder Vard has announced that it has secured new contracts with Topaz Energy and Marine to build two offshore…
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Europe
Odfjell gets $190.5m in loans to refinance tankers
Odfjell SE has secured two loans worth a combined $190.5m it will use to refinance seven tankers in the group’s…
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