Transocean Ltd. to sell 38 shallow water drilling rigs to Shelf Drilling International Holdings, Ltd. for approximately US$1.05-billion.Shelf Drilling is a newly formed company sponsored equally by Castle Harlan, Inc., CHAMP Private Equity and Lime Rock Partners…
Rowan Companies exercises option to build a fourth GustoMSC P10,000 design ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd.The cost for this rig, including commissioning, project management and spares, but excluding capitalized interest…
Norway's Kværner ASA contracted to perform Edvard Grieg field (in the North Sea) offshore hook-up and commissioning assistance.Lundin Norway AS has confirmed an option in the Edvard Grieg topside contract for Kvaerner to perform the offshore hook-up and commissioning assistance…
Engineering major Kværner will be a key player in the development of Rosneft and ExxonMobil’s grand projects in the Kara Sea.In the presence of President Vladimir Putin, the leaders of Rosneft and ExxonMobil announce the name of the company…
Ulstein delivers second PX121 Platform Supply Vessel (PSV) 'Blue Prosper' to Blue Ship Invest.“This project has flowed really well, and we’ve been able to draw on the experiences we made when building the first vessel in this series, ‘Blue Fighter’…
The new SECurus system uses infrared cameras and radar to allow oil slicks to be monitored and collected.The new system makes it easier to see and remove the oil both during the day and at night, which is particularly important in the far…
Singapore Technologies Engineering’s Marine Sector wins S$179-million worth of shipbuilding and repair contracts.The contracts include a contract to build two additional Offshore Support Vessels (OSVs) as well as a series of repair and upgrading projects…
Rosneft and ExxonMobil select Vostochniy Offshore Structures Construction Yard for concept evaluation and feasibility study.The platform is needed for the safe exploration of the Kara Sea's shallow waters, with key attributes of safe operation…
Drydocks World launches an Anchor Handling Tug Supply vessel (AHTS) built at its Singapore facility in Tuas basin for Swire Pacific Offshore. The ABS-classed vessel has a bollard pull of over 200 tonnes, and is powered by four engines combined with an azimuth thruster and four tunnel thrusters…
Sub-sea technology company, OceanWorks International, establishes OceanWorks Aykor as Its Turkey subsidiary.OceanWorks Aykor is a joint stock company established in Turkey by two organizations, OceanWorks International Corporation, and Aykor A…
Rolls-Royce wins a prestigious 'Ship of the Year' industry award for its new wave-piercing ship design for PSV 'Far Solitaire'.The Far Solitaire, a UT 754 WP platform supply vessel for the offshore oil and gas industry, has been named Skipsrevyen…
KBR subsidiary Sweden's GVA signs license agreement with DSME for fabrication of semi-submersible rigs.GVA has signed a license agreement with Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) in Korea for the fabrication of its GVA 4000NCS…
Northwest Energy Innovations deploys first wave energy converter at National Marine Renewable Energy Center, off Oregon coast.After a multi-day installation operation, Northwest Energy Innovations (NWEI), a Portland-based company, has successfully…
Hornbeck Offshore expands OSV new-build program, anounces retrofits & other related developments.The Company has exercised the first four of its 48 options to build additional HOSMAX vessels at an aggregate incremental cost of approximately $180 million…
SeaRoc charter 'MPI Adventure' for Narec's offshore anemometry hub (NOAH) installation for windfarm site weather appraisal.MPI Adventure is a dedicated vessel to transport, lift and install wind turbines and their foundations; delivered in March 2011 (Qidong…