Offshore drilling rig contractor Borr Drilling announced it has reached agreements in principle with its largest creditors, the Singaporean yards, to refinance and defer a combined $1.4 billion debt maturities and delivery instalments from 2023 to 2025…
Norwegian offshore vessel operator Solstad Offshore has sold seven vessels that have been laid up for a while for recycling.'The vessels to be recycled are defined by Solstad as non-strategic, they are of older age and considered to be irrelevant for present and future markets…
Saudi Arabia's national oil company Saudi Aramco has signed a memorandum of understanding with energy industry construction and installation firm McDermott to explore the use of McDermott's SAFIRA fabrication yard for construction services for Saudi Aramco's upstream and downstream projects…
CessCon Decom, a Scotland-based firm specializing in decommissioning of oil and gas structures, has taken delivery of the DP3 and DP4 offshore platforms from Spirit Energy’s Morecambe Bay development in the East Irish Sea.Allseas’ single-lift…
The Deep Panuke production platform has been 'de-installed' from the namesake offshore gas field in Nova Scotia, Canada, and will be recycled.The jack-up production platform was delivered to the field back in 2011 by SBM Offshore as part of…
Norway's ship recycling firm Green Yard is taking over the cash strapped Kleven Verft shipyard after the latter recently filed for bankruptcy.In a press release issued on Tuesday, and titled 'Kleven is saved!,' Kleven said that Green Yard had…
The Netherlands based heavy cargo specialist Roll Group said it has signed a contract to further develop and open its own yard at Indonesia's Bintan Offshore Marine Center (BOMC).BOMC has offered Roll Group the opportunity to become an exclusive partner in the BOMC yard…
Portugal’s Navalrocha shipyard said it has completed a multimillion-euro repair and refit project for Dubai-based marine geophysical company Polarcus.The drydock project which completed in January 2020 involved a broad package of work to the…
Wison Offshore & Marine (WOM), the upstream oil and gas division of Chinese conglomerate Wison Group Holding, announced the fabrication of Arctic LNG 2 Project (ALNG2 Project) commenced in Zhoushan Yard.The module fabrication contract was awarded by Technip France S…
Sembcorp Marine Rigs & Floaters Pte. Ltd. has won a contract from Shell Offshore Inc. to build and integrate the topside and hull of a Floating Production Unit (FPU) for the Whale field in the Gulf of Mexico.The agreement precedes a final investment decision (FID) for the full Whale project…
The hull of Energean Oil and Gas’ Energean Power FPSO has been undocked and floated out from the COSCO Shipyards’ dock in Zhoushan, China, about 10 months after first steel cut. Once completed, the FPSO will be deployed at Energean’s Karish and Tanin fields offshore Israel…
Dutch offshore services provider OOS International has formed a joint-venture with compatriot demolition company Sagro, which would be named Sargoos.According to OOS International, both companies will excel in their distinctive specialisms.OOS…
The marine technology player Alewijnse Marine has extended its successful partnership with Dutch shipyard Dok and Scheepsbouw Woudsend and offshore services provider Windcat Workboats with an order for the full electrical outfitting of the offshore crew transfer vessels (CTVs) Windcat 45 and 46…
Texas-based multinational engineering and construction firm Fluor Corporation announced that its joint venture COOEC-Fluor Heavy Industries fabrication yard has completed the central and wellhead platforms for CNOOC’s Dongfang 13-2 Gas Fields Development Project…
Swan Hunter has completed work to spool export cables into storage baskets for the 370MW Norther offshore wind farm at its yard in Vlissingen, the Netherlands.The UK-based shipbuilding design, engineering, and management company said in a press…
