Norway-based Uptime International has entered into contracts with MAC Offshore Dubai and Fujian Mawei Shipyard China for delivery of three active motion-compensated gangways. The first of these three gangways will be mounted early 2015…
Nam Cheong Ltd a global offshore marine company and Malaysia’s largest Offshore Support Vessel (OSV) builder announced today that it has sold two accommodation work barges (AWB) worth approximately US$84 million. The barges were sold to Perdana Petroleum Berhad…
Rolls-Royce has secured a £35 million (US$58.5 million) contract to design and equip a large offshore support vessel for Norwegian ship owner Island Offshore. The vessel, Island Victory, is a UT 797 CX design, featuring a 250 ton offshore crane…
Shipowner and operator, Swire Pacific Offshore Operations (SPO) has launched its new D-Class vessel, Pacific Dragon (pictured). The launch and naming ceremony was held at ST Marine shipyard and marked the completion of the eight-vessel D-Class series of 240T bollard pull…
A new tax break for high-pressure, high-temperature fields in the UK North Sea has been overshadowed by a move by the UK Government to change to taxes on drilling rigs. The move, relating to bare-boat chartering, “perplexed” industry…
GE's Power Conversion business is to supply of dynamic positioning (DP) for a floating accommodation unit being built by Cosco (Nantong) Shipyard in Nantong City, China. The vessel is being built for Logitel Offshore, the Singapore-based floating logistics and accommodation rig owner…
BP has chosen accommodation vessel provider Prosafe for a 13 month contract as part of a major upgrade project on its ETAP facility in the North Sea. The US$98.2 million contract will see BP Exploration Operating Company Limited (BP)…
Sea Trucks Group has won a contract from Daewoo Shipbuilding and Marine Engineering (DSME) to provide an accommodation vessel for the Arkutun-Dagi Project, operated by Exxon Neftegas Limited, in Sakhalin, Russia. Sea Truck’s Jascon 25 vessel will be used for the project…
Prosafe has agreed a letter of intent (LoI) with COSCO (Qidong) Offshore Co. Ltd. for the engineering, procurement and construction of two semi-submersible accommodation vessels, with options for four further units. The vessels will be…
Keppel FELS Ltd. was awarded a contract worth about US $280 million by Floatel International Ltd. to build its fifth accommodation semisubmersible for delivery in 4Q 2015. Keppel FELS previously delivered the accommodation semis, Floatel Superior and Floatel Reliance…
ABB has won an order to provide integrated solutions that include the electrical propulsion system, Azipod® CZ and automation system onboard two offshore accommodation vessels. The 1+1 ccommodation vessels will be built by COSCO (Nantong) ShipyardCo…
Mexico’s Cotemar group announced that Safe Regency has been awarded a contract extension and option through 31 March 2014, continuing at US$75,000/day. The Safe Regency provides accommodation at Pemex's Cantarell field under a bareboat charter contract in the Gulf of Mexico…
Mexico’s Cotemar Group secured short contract extensions for three Prosafe SE accommodation vessels. The three semisubmersibles are currently stationed at Pemex’s Cantarell field. Bareboat charter contracts for Safe Britannia, Safe Lancia, and…
Cotemar Group extends contracts for Prosafe semisubs at Cantarell fieldProsafe's Jasminia accomodation semisub accommodates 535 personnel (Image: Prosafe SE)Mexico’s Cotemar Group, a private company headquartered in San Pedro Garza García…
Prosafe’s newest rival in the flotel market is Swedish company Floatel International, established by Bassoe Offshore and management in Gothenburg in late 2006 and run by an experienced management team comprising personnel from Consafe Offshore…