Dutch offshore construction and engineering company Heerema Fabrication Group (HFG) intends to divest a significant part of its activities in the field of design and fabrication of complex steel constructions for the offshore market.HFG has…
Gulf Island Fabrication said on Thursday it has completed the sale of its North Yard facilities and associated equipment in Aransas Pass, Texas.The Houston based builder of offshore structures and vessels announced the $28 million sale in September…
Bermuda-based marine services company Teekay Offshore Partners announced that certain of its subsidiaries have entered into a settlement agreement with Petrobras with respect to various disputes relating to the previously-terminated charter…
Teekay Offshore Partners L.P. announced Monday that certain of its subsidiaries have entered into a settlement agreement with Petróleo Brasileiro S.A. and Petroleo Netherlands B.V. – PNBV S.A. with respect to various disputes relating to the…
Scandinavia's Offshore/Marine electronics manufacturing services company Kitron and Norwegian geophysical company Magseis ASA has entered into an agreement to manufacture Magseis' MASS (Marine Autonomous Seismic System) nodes to support their growth…
New World Supply, where S.D. Standard Drilling (SDSD) has an ownership of 26.2 percent, has completed a sale of two of its six medium sized platform supply vessels (PSVs).According to the Cyprus-based company that offers offshore drilling services to the oil and natural gas exploration industry…
Kvaerner has completed the Johan Sverdrup riser platform (RP), named Ægir, with delivery set for next month. Image from Kvaerner. The jacket is the first major structure for the Johan Sverdrup project to be completed…
The key to governing a late life oil province like the North Sea is getting the balance right between initiatives to maximize recovery in late life assets with the practicalities of planning for decommissioning. Fail on the first and…
Saudi Aramco and partners have proposed to build the US$5.2 billion King Salman International Complex for Maritime Industries & Services, a maritime complex in Saudi Arabia that will be one of the largest yards in the Arabian Gulf. Signing…
Petroleo Brasileiro (Petrobras) sent a termination notice to Teekay Offshore for the Arendal Spirit charter contract last month, in which the company says it is disputing the grounds of the termination and is reviewing its legal options. The…
Damen Shipyards Group signed an agreement with Keppel Offshore & Marine for the acquisition of the Keppel Verolme shipyard in the Rotterdam Botlek area. “With the acquisition of the Verolme shipyard, Damen takes the next step in strengthening…
MacGregor, part of Cargotec, has recently opened a new facility in Arendal, Norway, which houses a training academy for customers. It specializes in advanced simulation training and has a purpose-built virtual reality (VR) showroom. The…
A redundant former oil and gas offshore structure fabrication yard on the west coast of Scotland is to be reinstated as a dry dock. Kishorn's drydock, one of the largest in Europe at 160m-diameter, built the 610,000-tonne, concrete Ninian complex support structure…
Singapore's Sembcorp Marine has agreed to buy the remaining 30% stake in Sembmarine North Sea that it doesn't already own. The firm owns UK fabrication yard Sembmarine SLP, once SLP Engineering, and will allow the yard to expand its footprint in the UK…
Semco Maritime and Langset signed a cooperation agreement to cover the development of the Hanøytangen yard, as well as pursuing business opportunities in the oil and gas, and maritime industry, primarily targeted at the North Sea and international markets…
