Topaz signs over $65 million of new charters and announces the acquisition of two AHTS.Renaissance subsidiary, Topaz Energy and Marine (“Topaz”), a UAE-based oil field services company, has been awarded two new long term charters, totalling over $65 million…
Oil Search awards Kumul Marine Terminal pipeline IRM contract to Fugro-TSMFugro-TSM, a division of Fugro Subsea Services, has been awarded the Kumul Marine Terminal Pipeline IRM (Inspection Repair Maintenance) contract by Oil Search Limited…
Modified EBITDA increases 86% to $1.4 million in latest Deep Down Inc. financial report.Deep Down, Inc., an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, report…
High activity on the Norwegian shelf leads to high day rates for drilling rigs.Desperate oil companies are forcing day rates for drilling rigs to reach new heights. Analysts believe day rates will be over $700,000 this autumn, reports the 'Barents Observer'…
Fugro Chance adopts the Coda Echoscope(R) to help in some of Its complex offshore operations in the Gulf of Mexico.Coda Octopus Group, Inc. announce that following extensive and successful trials, Fugro Chance in Houston, Texas and Lafayette…
Aberdeen Harbour records significant North Sea energy sector traffic increase in first half 2012.Continued growth in the oil and gas sector was reflected in the increase in support vessels that used the port over the first six months of the year – up nine per cent from 2…
Sembcorp Marine secures US$ 4.032 Billion drillship contracts from Sete Brasil.Sembcorp Marine Ltd, through Jurong Offshore Pte Ltd’s wholly-owned subsidiarieshas secured contracts from Sete Brasil Participacǒes S.A. (Sete Brasil), for the…
McDermott awarded Gulf of Mexico Spar hull installation contract for Williams Partners.McDermott International, Inc. announce that one of its subsidiaries has been awarded a contract by Williams Partners L.P. for transportation and installation services for a Spar hull in the Gulf of Mexico…
Excelerate Energy enters Into a shipbuilding option agreement with DSME for 8 New Floating Storage and Regasification Units (FSRUs).The option agreement with Daewoo Shipbuilding and Marine Engineering (DSME) is for the delivery of up to eight…
The offshore industry, and specifically Brazil, continue to be a driver for maritime markets, as Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Fernvale Pte. Ltd., signed contracts with Sete Brasil Participações S.A. (Sete Brasil)…
KBR awarded FEED for FPSO topsides and hull, Luanda Office to play major role in supplying local content.KBR announce that it has been awarded a FEED contract to perform work for the topsides and hull associated with a new-build, double-sided…
Queiroz Galvão Óleo e Gás (QGOG) partners with Sete Brasil in charter agreements for 3 drilling rigs.QGOG, the largest Brazilian provider of drilling and production services, announce that, in partnership with Sete Brasil, they have signed…
Oregon Wave Energy Trust seeks submissions for Its 2012 Ocean Energy Fast Pitch competition.In conjunction with the seventh annual Ocean Renewable Energy Conference in Portland, Oregon, Oregon Wave Energy Trust (OWET), a non-profit organization…
Technip awarded a five-year sub-sea Inspection, repair and maintenance contract by ConocoPhillips U.K.Technip has been awarded a five-year inspection, repair and maintenance (IRM) frame agreement contract by ConocoPhillips (U.K.) Limited for various assets in the Central…
The Norwegian LNG plant was shut down due to water ingress in natural gas driers, but is now back in production.Large amounts of natural gas are sent ashore and cooled down at Hammerfest LNG on Melkøya, the world’s most northerly and Europe’s first export facility for LNG from Snøhvit…