August 16th, 20190US-based dry bulk owner Eagle Bulk has established of a new commercial office in Copenhagen, relocating from its existing base in Hamburg. The Copenhagen office will be headed up by Mathias Groenvald, who recently joined from Clipper Bulk. Gary Vogel, CEO of Eagle Bulk, commented, "Given its significant concentration of...
August 14th, 20190Chemical tanker operator Team Tankers has revealed the sale of three tankers in its latest quarterly results. The company sold the 2008-built, 13,079 dwt to Philippines-based company Herminius Shipmanagement. The vessel has been renamed Masangana, and chartered back to Team Tankers for a period of two years. Additionally, the...
August 14th, 20190New York-listed offshore driller Pacific Drilling has been awarded another contract by France's Total. In its latest fleet status report, Pacific Drilling has revealed that Total will take 2013-built drillship on a one-well contract in the Gulf of Mexico. The contract is scheduled to commence in March 2020 and runs through to...
August 13th, 20190Torben Janholt-led dry bulk vessel owner Pioneer Marine is expanding its commercial management platform with a deal that will see five handysize bulkers coming in from UK-based fund management firm Tufton Oceanic Funds. Pioneer Marine took its commercial management in-house last year, after ending a contract with Danish operator...
August 13th, 20190Offshore engineering specialist Halliburton has been awarded nine conditional contracts for drilling and completion services for SNE Field Development Phase 1 offshore Senegal. The drilling campaign, which is due to start in late 2020 or early 2021, is for drilling and completing 18 wells with up to eight optional wells over an...
August 13th, 20190New York-listed offshore driller Pacific Drilling has been awarded more work for 2011-built drillship . Total has exercised an option for the vessel, the company revealed in its latest set of quarterly results. The Pacific Santa Ana was initially contracted by Total for one well in Senegal, with two options in...
August 12th, 20190US offshore vessel operator Seacor Marine Holdings has announced a significant cost reduction initiative with its second quarter results. The company says the cuts are aimed at "better aligning its operating expenses with its view of current and prospective market conditions". As well as a reduction in its workforce, the company is...
August 7th, 20190Helix Energy Solutions has secured a contract for its newbuild semi-submersible well intervention vessel Q7000. The vessel will be performing subsea workover and integrated well intervention services with an unnamed client offshore Nigeria, for a minimum 80-day campaign. The project is scheduled to begin in early January 2020,...
August 7th, 20190Italian offshore contractor Saipem has announced that it will establish a spool-base on Greenwood Island, Mississippi, to support pipelay vessel . The Saipem spool-base will be located within the facilities of ST Engineering Halter Marine & Offshore via a long-term agreement, and equipped with advanced welding machines,...
August 6th, 20190Seacor Holdings has become the sole owner of SEA-Vista after one of its subsidiaries acquired the 49% interest that had been owned by Avista Capital Partners. Seacor paid $106m cash and 1.5m common shares for the stake, giving it full control of the company. SEA-Vista operates commercially under the Seabulk name, and has a fleet of...
