The Block Island Wind Farm, operated by Deepwater Wind, has completed the construction phase, according to the firm's CEO Jeff Grybowski. The executive tweeted out a photo of the moment when the last turbine blade was installed on 18 August (Thursday)…
McDermott International and Nakilat-Keppel Offshore Marine (N-KOM) have signed a memorandum of understanding for an exclusive cooperation agreement to pursue offshore engineering, procurement, construction and installation (EPCI) projects within Qatari waters…
Keppel Corp. reported a 45% decline in its profits in 1H 2016, as the Singaporean shipbuilder announced a reduction in its workforce by more than 5000. Image from Keppel. In the first six months of the year…
Audrey Leon profiles Block Island Wind Farm, which is destined to be the US’s first offshore wind project when it starts up later this year. Jacket foundations, built by Gulf Island Fabrication…
Maersk Drilling has agreed to acquire the newbuild harsh environment jackup rig Hercules Highlander from struggling US drilling contractor Hercules Offshore. Hercules was awarded a five-year contract by Maersk Oil for use of the rig on the Culzean high-pressure…
Most of the news in the rig market is bad, but there are bright spots if you look hard enough. Audrey Leon sets out the details. Image from OE Staff. Not much has changed for…
Nakilat-Keppel Offshore & Marine (N-KOM), the joint venture shipyard between Qatar’s Nakilat and Keppel Offshore & Marine (Keppel O&M), has successfully delivered its first liftboat unit, Al Safliya, to Qatari rig operator Gulf Drilling International (GDI)…
Singapore-based Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has delivered Halul, a KFELS B Class jackup rig, to Gulf Drilling International (GDI) of Qatar. It was completed on 21 January 2016, 10 days ahead of schedule…
Singapore’s fabrication and engineering service provide TRIYARDS Holdings made a 59% year-on-year jump in net attributable profit to US$8.4 million in the fourth quarter, driven mainly by liftboat construction, the company said. Work done on liftboats…
Houston-based Hercules Offshore has filed for Chapter 11 bankruptcy protection with a pre-packaged deal that will send the company into a reorganization and financial restructuring. Image from Hercules…
Image from Aqualis Offshore Aqualis Offshore has been awarded a contracted by Mekers Offshore Ltd. to supervise the construction of the Zhejiang-based company’s two new liftboats…
Triyards has won vessel orders worth US$175 million (which excludes owner furnished equipment), resulting in visibility into the financial year ending 31 August 2017. The vessel orders for two enhanced BH450 series liftboats will be the third and fourth in the series to be built by Triyards…
MacGregor, part of Cargotec, has won contracts for its new lattice boom cranes (LBC) from Merkers Offshore, successfully negotiated and procured through Marine Commerce in Singapore. Four 20015-6045 LBC cranes will be installed on two…
Baoham Offshore (HK) Ltd. will acquire new vessels for its fleet, including a newbuild semisubmersible and liftboat, reports the American Bureau of Shipping. Baoham selected ABS to provide classification services for the newbuilds in China…
Hercules Offshore received a welcome notice from Saudi Aramco—a withdrawal notice to rescind Aramco’s previously issued notice of termination of its contract for the Hercules 261. As a result, almost all terms and conditions of the contract…
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