Offshore News


ClassNK Expands Veracruz Office

Nov 14, 2014

Leading classification society ClassNK has announced the expansion of its Veracruz Office in order to better support the growing offshore oil industry in the Gulf of Mexico. The expansion will increase the survey capabilities and management…

Otto Marine 3Q2014 Earnings at $2 mi

Nov 14, 2014

* Group revenue increased by 16.8% to US$ 96.8 million for 3Q2014, higher revenue across all the three business segments * Offshore Chartering, as the major revenue and profit generator, registered higher profit even as overall market…

LOC Appoints Harrison, Solomons

Nov 13, 2014

London Offshore Consultants (LOC) announced that Alex Harrison has assumed a new LOC Group role as Group Director, Energy Services effective October 13, 2014, after stepping down as Managing Director of LOC Australia. Taking over Harrison's…

ClassNK’s Super Eco Ship for Coastal Trade

Nov 13, 2014

As the Industry waits for the Ministry of Shipping, Government of India to roll out the much hyped policy to boost Coastal Shipping and Inland Waterways transport, ClassNK & Indian Register of Shipping (IRS) took the first step to conduct…

Tilbrook Joins Woodside Board

Nov 13, 2014

Woodside has appointed Mr Gene Tilbrook to its Board as a non-executive director effective 4 December 2014. Mr Tilbrook joins Woodside as an independent director.Mr Tilbrook has broad experience in corporate strategy, investment and finance…

YoungShip Launches in Texas

Nov 12, 2014

Mitchell Machann, an associate in Blank Rome LLP’s Houston office, recently co-founded YoungShip Texas with TITAN Salvage’s Lindsay Malen. This new branch is the 18th in YoungShip International’s global network, and the first in the United States…

New Collision Guidance for the Offshore Industry

Nov 12, 2014

Mitigating the risk of collision at sea requires an understanding of the causes. The new industry guidance issued by Lloyd’s Register aims to help make offshore operations safer for marine and energy operators.Lloyd Register’s new Guidance Notes for Collision Analysis assist owners…

SWISSCO Sets Up JV with Union Offshore

Nov 12, 2014

The Board of Directors of Swissco Holdings Limited has entered into a joint venture with Union Offshore Ltd, a company incorporated in the Republic of the Marshall Islands. The joint venture has secured a charter contract with an approximate…

SBM Offshore Reaches Out-of-court Settlement

Nov 12, 2014

SBM Offshore today reached an out-of-court settlement ex Article 74 of the Dutch Criminal Code with the Dutch Public Prosecutor's Office (Openbaar Ministerie) over the inquiry into alleged improper payments.  Furthermore, the United States…

Ensco plc Declares Cash Dividend

Nov 12, 2014

Ensco plc announced today that its Board of Directors has declared a regular quarterly cash dividend of US$0.75 per Class A ordinary share payable on 19 December 2014. The ex-dividend date for this payment is expected to be 4 December 2014…

SERS Partners IEMS for Enhanced Oil Spill Response Services

Nov 12, 2014

Dubai-based Swire Emergency Response Services (SERS), a fully owned subsidiary of Swire Pacific Offshore group, announced its partnership with Mediterranean-based International Environmental and Marine Services (IEMS) to jointly provide Tier 2/3 response services to clients in Europe…

Lamprell Wins Daman Corporate Health Award

Nov 12, 2014

Lamprell (ticker: LAM), a leading provider of diversified engineering and contracting services to the onshore and offshore energy industry is delighted to announce that, last Wednesday 5 November, the Group was declared as a winner at the…

Rowan Appoints Butz CFO

Nov 11, 2014

Rowan Companies (NYSE: RDC) appointed Stephen M. Butz as Executive Vice President, Chief Financial Officer and Treasurer, effective December 1, 2014.   Butz joins the company from Hercules Offshore, Inc., where for the past nine years he has served in various corporate development…

BP's New Core Flood Robot EOR Techniques

Nov 11, 2014

BP announced today that it is now operating the world’s first robotic coreflooding system. The Core Flood Robot is the most recent addition to BP’s programme of enhanced oil recovery (EOR) research facilities.Coreflooding is one of the most…

Multiclient Seismic Data Offshore Mozambique Available from Schlumberger

Nov 11, 2014

Schlumberger announced today the availability of its multiclient seismic survey offshore Mozambique. The Schlumberger multiclient seismic data offered in collaboration with the National Petroleum Institute of Mozambique (INP) includes reprocessed 2D lines and newly acquired seismic data…

Current News

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