Offshore News


Vard Signs Historic $1.1B Shipbuilding Order

Aug 12, 2013

Vard Holdings Limited  secured contracts with joint ventures of DOF Subsea and Technip for the design and construction of four Pipe Lay Support Vessels (PLSVs), a contract which is the largest order in VARD’s history, with an aggregate order value of approximately $ 1…

IMCA DP Specialist Plans Busy Autumn

Aug 08, 2013

Marine Technical Adviser Ian Giddings has a busy autumn ahead of him as he will taking part in four events in Singapore, Abu Dhabi and Houston; as well as being at the IMCA Annual Seminar, being held in Singapore (6-7 November, 2013) where he will be facilitating a workshop on DP incident reporting…

Response Efforts Continue at Well Spill Site

Aug 08, 2013

The Bureau of Safety and Environmental Enforcement (BSEE), U.S. Coast Guard and Walter Oil & Gas Corporation (Walter), through the Unified Command, continue to oversee and coordinate response efforts to secure the South Timbalier 220 natural gas Well A-3…

FPSO Operation Increased 84% in Past Decade

Aug 08, 2013

IMA/EMA recently completed an in-depth analysis of the floating production sector. Highlighted below are some key findings in Floating Production Systems: assessment of the outlook for FPSOs, Semis, TLPs, Spars, FLNGs, FSRUs and FSOs.Inventory…

Energy Specialist to Head Up G2 Crew Services

Aug 05, 2013

G2 Crew Services, the recently formed JV between Griffin and GAC, has announced  the appointment of Gary Pearce as CEO with effect from August 5. Previously Senior Vice President Global Energy Services for Carlson Wagonlit Travel (CWT), Gary…

Braemar Adjusting Expands London Team

Aug 05, 2013

Braemar Adjusting continues its development and expansion with the recruitment of new personnel to its London-based loss adjusting team.Geoffrey Thomas, Braemar Adjusting Regional Managing Director, said, “We welcome Alan Tucker, Richard Collins and Patricia Castro to our team here in London…

Interior Officials Convene Safety Meeting

Aug 01, 2013

Bureau of Safety and Environmental Enforcement (BSEE) Director James Watson and Acting Assistant Secretary for Lands and Minerals Management Tommy Beaudreau convened a meeting today in Houston, Texas, with senior executives from the offshore…

Floating Production Systems: US$11+ Billion on Order

Aug 01, 2013

The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA).Contracts include a  $3 billion FPSO for Nigeria (a record price for an FPSO)…

PG-MACS Chosen by Shell and Siem for Newbuild PSV

Jul 31, 2013

Siem Offshore and Norske Shell signed a contract for a new dual fueled (LNG/Diesel) large-size platform supply vessel (PSV). Remontowa Shipyard /Poland will construct the vessel as their H/N 856/1.The new PSV shall commence operations in Q1/'15 for operations in the North Sea…

Etpm Expands ROV Service with New Office

Jul 30, 2013

Aberdeen-based subsea and marine recruitment specialist etpm is continuing its company growth by opening a new office in Great Yarmouth and taking on two new members of staff to meet increasing client demand for experienced ROV staff.Great Yarmouth is strategically placed to service oil…

Justh Appointed to Odyssey Board of Directors

Jul 29, 2013

Odyssey Marine Exploration, a company in the field of deep-ocean shipwreck and offshore mineral exploration, appointed Mark B. Justh to its board of directors. The appointment adds a seat to the board, bringing the total number of directors to seven…

Otto Marine Makes AHTS Sale, Re-charter Deal

Jul 29, 2013

Singapore's Otto Marine Ltd. has sold through one of its wholly-owned subsidiaries, whose shipyard is located in Indonesia, the 2 Anchor Handling Towage & Supply Vessels (AHTS) to a third party buyer for re-chartering.The aggregrate price of the two AHTS was US$ 170-million…

GoM Loss of Well Control Update

Jul 25, 2013

BSEE, Coast Guard Continue Response Coordination for Loss of Well Control Event and Rig Fire.The Bureau of Safety and Environmental Enforcement (BSEE) and the U.S. Coast Guard are continuing to oversee Walter Oil & Gas Corporation’s response…

GofM Rig Fire, Loss of Control: Latest News

Jul 24, 2013

The Bureau of Safety and Environmental Enforcement (BSEE) and the U.S. Coast Guard conducted multiple overflights today to supplement responsible party flights to maintain aerial surveillance of the scene.  The natural gas well continues to fuel the fire on the rig…

Plans Well Advanced for IMCA Annual Seminar

Jul 24, 2013

‘Addressing the Challenges of New Frontiers’ is the topical theme for the International Marine Contractors Association’s (IMCA) Annual Seminar being held in Singapore November 6-7, 2013. The program for the 18th seminar in the annual series is now online at imca-int…

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