Norwegian subsidiary of Italian oil company Eni Norge AS and Stavanger shipping company Simon Møkster Shipping cut fuel consumption on the vessel Stril Barents in the Goliat field.According to a press release from the Norwegean offshore vessel owner…
Fugro has signed a joint development agreement with autonomous vessel technology firm L3 ASV to create the next generation of autonomous vessels for the commercial survey market.The partnership brings together the expertise of both companies…
The second Walk to Work vessel in the fleet of Wagenborg Offshore was unveiled on the Nieuwediepkade in the port of Den Helder. The Walk to Work Emergency Response and Rescue Vessel Kasteelborg was christened by Mrs. Marjan van Loon, CEO Shell Netherlands…
Dutch heavy life and accomodation vessel firm OOS International has agreed a memorandum of understanding with Chinese offshore services company Jiangsu Fanzhou Shipping to form a strategic alliance. The two hope to work together to expand the coverage of their vessels globally…
Subsea 7 has signed a contract with Royal IHC to design and build a new, high-specification reel lay vessel capable of installing complex rigid flowlines including pipe-in-pipe systems. IHC says that, based on the ratio between top pipe tension and payload to displacement…
Siem Offshore and Subsea 7 have signed a joint three-year service agreement with Rolls-Royce covering 74 offshore vessels. This is the first agreement the two Siem-owned companies have signed with the same service provider. Under the agreement…
Siem Offshore will purchase the 49% ownership in Siem Meling Offshore DA (SMODA) held by O.H. Meling. Once the deal is done, Siem Offshore will own 100% of the company SMODA. As part of the agreement, the Siddis Mariner vessel will be sold by SMODA to another company owned by O…
In recent years, the speed with which newbuild vessels have entered the market has amplified the subsea vessel demand/supply imbalance. This has been further exacerbated by sustained low oil prices, as operators defer the sanctioning…
Erin Energy signed a drilling services contract with Pacific Drilling for use of the Pacific Bora drilling rig at its Oyo-9 well on the deepwater Oyo field, offshore Nigeria. Image of the Pacific Bora…
Belgium marine contractor DEME has ordered a new, 300-tonne lifting capacity offshore transport and installation vessel, to be called Orion, from China's COSCO. The vessel is set to be delivered in 2019 and will be deployed by DEME’s…
Repsol Sinopec Resources UK Ltd. (formerly Talisman Sinopec Energy UK) has exercised options to extend the charter of the Safe Boreas accomodation vessel by 44 days. In mid-March 2016, the Safe Boreas started a 245-day firm operational period at Montrose A in the UK sector of the North Sea…
Dutch marine contractor Boskalis revealed details of a new offshore transport and crane vessel to join its fleet. The vessel will be a conversion of one of its existing F-class heavy transport vessels. It is being equipped with a 3000…
Teekay Offshore is to take a hit of US$43.7 million after cancelling construction contracts for two flotels, described by Teekay as units for maintenance and safety (UMS). The firm also says it suffered a drop in income due to its Arendal…
Prosafe has signed contract amendments and an extension with Petrobras which will see the Brazilian oil firm switch out the semisubmersible accommodation vessel Safe Eurus for sister vessel Safe Notos. Safe Notos was already due to start a contract with Petrobras…
Oil major Shell has set out its plans for decommissioning the Brent field facilities in the UK North Sea, including leaving its foundations in place. The firm, which has already spent 10 years working on decommissioning the four platforms…
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