Norway
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Europe
Island Offshore reduces work hours for shore-based staff
Oslo: Norwegian offshore vessel operator Island Offshore has said that it will be reducing the working hours of all office…
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Europe
Odfjell quits European short sea market with trio of tanker sales
Oslo: In its ongoing cost-cutting Odfjell has sold three small tankers. The Bow Balearia, Bow Bracaria and Bow Brasilia, all…
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Europe
TTS Handling buys Synchrolift brand from Rolls-Royce
Athens: TTS Handling Systems has agreed to purchase the Syncrolift brand and its vessel lifting assets from Rolls-Royce Marine North…
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Europe
Havyard wins ESVAGT crew change vessel design contract
Oslo: Havyard group has announced that its design division, Harvard Design & Solutions, has won a contract from Spanish yard…
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Europe
Wintershall offloads Norwegian assets for $602m
Stavanger: Wintershall, a subsidiary of German chemicals giant BASF, is selling its assets in four non-operated fields Knarr (20%), Veslefrikk…
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Europe
KNOT ties up additional shuttle tanker newbuild with BG Group
Oslo: Knutsen NYK Offshore Tankers has received a notice that BG Group has exercised an option for an additional Suezmax…
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Europe
Saga Tankers tables mandatory offer for SD Standard Drilling takeover
Oslo: Saga Tankers has made a cash offer to acquire all outstanding shares in SD Standard Drilling, as required by law…
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Containers
Siem Shipping vessel sale falls through
Oslo: Siem Shipping has announced that the $6m sale of reefer Honduras Star (10,629dwt, built 1992) has been cancelled. The…
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Europe
Ocean Installer awarded Balder field ExxonMobil contract
Oslo: Norwegian subsea company Ocean Installer has been awarded a call-off contract with ExxonMobil Exploration & Production Norway, its first…
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Europe
Further cutbacks for Electromagnetic Geoservices, including 20% staff reduction
Oslo: Offshore survey vessel operator Electromagnetic Geoservices (EMGS) has said that the company will be implementing further cost reductions, in…
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Europe
Siem Offshore fined for failing to file financials
Oslo: Siem Offshore has been convicted today by Kristiansand District Court for not adequately filing its tax returns and accounts…
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Europe
Odfjell Drilling wins two Statoil contracts for Johan Sverdrup
Oslo: Odfjell Drilling has announced that it has been awarded two contracts by Statoil for drilling services in the Johan…
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Europe
Siem Offshore pushing through emergency $100m rights issue
Oslo: With the oil price dive plunging Siem Offshore into financial trouble the company is convening an extraordinary general meeting…
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Europe
Stolt-Nielsen and Golar LNG team up
Oslo: Stolt-Nielsen and Golar LNG have formed a 50/50 joint venture to pursue opportunities in small-scale LNG production and distribution.…
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Europe
Mørch checks in early for Odfjell
Oslo: Odfjell has announced that incoming ceo/president Kristian Verner Mørch will start with the company on August 1. Mørch, who replaces Tore…
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Europe
Stadt: Looking to power different ship types
Oslo: Norwegian electric propulsion firm Stadt is eyeing new markets such as military, cruise and mid-sized LNG carriers. The company’s…
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Europe
Vard scores Kreuz Subsea contract
Singapore: Norwegian offshore shipbuilder Vard has secured a contract for the design and construction of a diving support and construction…
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Europe
Odfjell sends 11 tankers for retrofit
Oslo: Odfjell is sending 11 chemical tankers in for a retrofit. The Kvaerner class 37,500 dwt ships will dock over…
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Europe
Rem Offshore duo get timecharter extensions
Athens: ExxonMobil Exploration and Production Norge has extended its timecharters of two Rem Offshore platform supply vessels (PSVs). No rates for the contract…
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Europe
Songa Offshore extends financing on semi-submersible rig trio
Oslo: Songa Offshore has extended the maturity of financing for semi-submersible rigs Songa Dee, Songa Delta and Songa Trym. The…
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