Maersk Tankers exits its Handygas segment by selling all 11 vessels to Navigator Gas. The divestment allows Maersk Tankers to focus on fewer segments and releases capital for future investments.Hanne B. Sørensen, CEO Maersk Tankers, said…
Smit Lamnalco renewed its marine support services contract with oil major Shell in Gabon, a deal that has triggered investment in three auxiliary vessel newbuildings, according to the company.The five year contract renewal extends a relationship…
Douglas-Westwood forecast that between 2013 and 2017, $91bn will be spent on floating production systems (FPS) – an increase of 100% over the preceding five-year period. A total of 121 floating production units are forecast to be installed – a 37% increase…
Bureau of Safety and Environmental Enforcement Update on Platform Fire Investigation. The Bureau of Safety and Environmental Enforcement (BSEE) began an investigation early Friday morning into the explosion and fire aboard a production platform…
Keppel’s yard in Brazil receives US$ 2-million in bonuses for safe and early delivery of Floating Production Storage & Offloading (FPSO) vessel.Keppel FELS Brasil S/A's (Keppel FELS Brasil) yard in Angra dos Reis, Rio de Janeiro, Brazil…
Sentinel sell new-build Anchor Handling Towing & Supply vessels AHTS 5150; order two more AHTS from Nam Cheong Dockyard.Buyers of the AHTS 5150, Hull SK 67, have requested the details of the sale to remain private.The newly ordered AHTS vessels will be built in Fujian South East Shipyard…
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) has announced that, effective immediately, Allen M. Katz, has joined the company and will serve as Interim Senior Vice President and General Counsel through June 30, 2013. Subject to mutual agreement…
Sembcorp Marine’s Jurong Shipyard & Prosafe sign for a 2nd accommodation semi-submersible at US$ 295.2-million.Scheduled for delivery no later than end of December 2014, this accommodation semi-submersible (semi) will be built based on the GVA 3000E design…
UK's Caley is to modify the vessel and install the turntable for dredging & marine engineering company Jan de Nul NV.The contract is for the supply of a 5,400Te capacity cable turntable for the MPV Willem De Vlamingh. Mid 2013, Jan de…
Sonardyne Asia Pte Ltd. to launch ALDS (Automatic Leak Detection Sonar} at upcoming OSEA Singapore expo.ALDS has been designed to continuously and automatically detect and localise oil and gas leaks below 1 barrel per day in excess of 500…
A subsidiary of Seadrill to buy the ultra-deepwater semi-submersible rig 'Songa Eclipse' for a price of US$ 590-million.The rig was delivered from the Jurong Shipyard in Singapore in 2011, and is currently operating for Total offshore Angola on a fixed contract ending in December 2013…
Global offshore positioning specialists Veripos introduce a new inertially-aided precision GNSS solution for dynamically positioned vessels.The new system, Verify Axiom, combines tthe latest GNSS positioning technology advances with high…
Norway's Marin Teknikk AS wins Otto Candies of Louisiana contract to design & engineer a Subsea Support & Construction (SSCV) vessel.The vessel will be built at the owner's private shipyard, Candies Shipbuilders to a new design from Marin Teknikk – MT6020…
The joint venture company, OneSubsea, is to manufacture and develop products, systems and services for the subsea oil and gas market.This new company intends to offer a step change in reservoir recovery for the subsea oil and gas industry…
The Coast Guard suspends the search for two missing crewmembers, following the Black Elk platform explosion and fire.US Coast Guard crews searched a 1,400 square-mile area in the Gulf of Mexico around Grand Isle for more than 32 hours in an effort to locate the two missing crewmembers…
