Offshore News


Keppel, Sembcorp Merger on the Cards ?

Jul 24, 2017

A merger between two of the Singapore’s largest offshore rig builders, Keppel Offshore & Marine and Sembcorp Marine, might be on the cards, report local media quoting the Development Bank of Singapore (DBS). DBS said that with orders at a trough and expectations for only a modest recovery…

Standard Club Establishes New Offshore Advisory Committee

Jul 21, 2017

The Standard Club is driving developments in offshore P&I with the launch of the Standard Club Offshore Advisory Committee (SCOAC). SCOAC aims to analyse offshore trends, assist the club in further understanding and disseminating industry best…

Seacroft Hires Pearce as Engineering & DP Manager

Jul 20, 2017

Aberdeen-based Seacroft Marine Consultants said it has appointed Richard Pearce as Marine Engineering and Dynamic Positioning (DP) Manager, as the firm looks to develop more specialized offshore marine projects. Pearce brings to the role…

Solstad Farstad Sells 2010-Built AHTS

Jul 14, 2017

Solstad Farstad, which claimed to be the world’s largest OSV firm, has sold a relatively new AHTS vessel Far Shogun, since its formation last month following the mega-merger of three leading OSV companies in Norway. The 2010-built, 23,664…

Xodus wins Subsurface Contract with Cairn Oil and Gas in India

Jul 14, 2017

Xodus Group won a contract with Cairn Oil and Gas of Vedanta Ltd. to conduct exploration and appraisal work on its Rajasthan block in north-west India over the next two years. The first stage of the work will focus on delivering new drilling prospects and an exploration drilling plan…

BOURBON to Support World's First Autonomous OSV Project

Jul 11, 2017

BOURBON entered into a Memorandum of Understanding (MOU) with Automated Ships Ltd to support the building of the world’s first autonomous, fully-automated prototype vessel for offshore operations, in collaboration with the project’s primary technology partner…

Wood Group Bags Alexandroupolis FEED

Jun 27, 2017

Wood Group has secured a new front end engineering design (FEED) contract with Gastrade S.A. for the Alexandroupolis Independent Natural Gas System (INGS) offshore Greece. The project, to develop a floating liquefied natural gas (LNG) receiving…

Funding Secured for New UK Offshore Training Site

Jun 15, 2017

Trade representative body Mersey Maritime has praised the power of partnership as an agreement was signed at its Birkenhead headquarters June 14 to develop a brand new maritime and offshore training facility in the UK’s North WestInvestment…

BP in Talks with Sirius for Ororo Offtake

Jun 12, 2017

Nigeria's Sirius Petroleum has said that it is in talks with BP, regarding an offtake and pre-payment facility to support the financing of Sirius's proposed drilling programme on the Ororo field in Nigeria. According to the company, the…

Tradepoint Atlantic: Logistics for Offshore Wind Projects

May 12, 2017

Tradepoint Atlantic, a 3,100-acre multimodal global logistics center in Baltimore that features a combination of access to deepwater berths, railroads, highways and storage space, has issued a statement in connection with the Maryland PSC’s…

V.Group Announces New Leadership

May 11, 2017

Following the appointment of Chairman, John Pattullo and non-executive director Jesper Kjaedegaard on 9 March, V.Group has announced its decision to appoint a new CEO to start in Q4 2017.  This decision was taken jointly with Clive Richardson who has successfully led the company since 2009…

Merger: OEG Offshore, Paragon Industries

May 01, 2017

OEG Offshore, a global provider of cargo carrying units (CCUs) and A60 modules to the oil and gas industry, announced the merger of its U.S. business with Louisiana based cargo unit and logistics specialist Paragon Industries, Inc. The multimillion…

DMCA Visits Seacor Marine

Apr 30, 2017

Dubai Maritime City Authority visits Seacor Marine, a major operator of offshore marine support vessels, to further reinforce local maritime sector in partnership with private sector. Led by Amer Ali, Executive Director of DMCA, and Nawfal Al Jourani…

BW Offshore to get FPSO from Keppe

Apr 28, 2017

Keppel Shipyard Ltd (Keppel Shipyard), is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to BW Catcher Limited, a wholly-owned subsidiary of BW Offshore. When completed BW Catcher will be on a 7-year fixed…

ABS Leads Ballast Water Management Workshop

Apr 27, 2017

ABS, a provider of classification and technical services to the marine and offshore industries, hosted a Ballast Water Management (BWM) Workshop for ship owners with BWM systems installed onboard their vessels. The full-day session covered a range of issues…

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