Swire Pacific Offshore (SPO) announced that it will be closing its wholly owned subsea services subsidiary, Swire Seabed AS and its three associated companies as oilfield services firms continue to feel the effects of the pronged industry downturn…
Subsea technology and data company Ocean Infinity announced the launch of its third vessel, Normand Frontier. The vessel has now been mobilized, having been signed on a three-year year charter with the Norwegian ship owner Solstad Offshore, in December 2018…
Ulstein Group unveiled a hydrogen-powered ship design that it claims is market-ready, offering zero-emission marine operations.Recently, DNV GL identified the five most promising alternative fuels for shipping, with hydrogen as the ultimate zero-emission solution…
Bibby HydroMap have taken the 56-meter DP1 survey vessel Glomar Vantage on charter from GloMar Shipmanagement BV.The vessel will initially provide support to existing operations before becoming available for new projects in the first quarter of 2020…
Norwegian ship owner Solstad Offshore said it has been awarded a long-term contract with Global Offshore, part of the Global Marine Group for CSV Normand ClipperThe contract will commence in the first quarter of 2020 and have a duration of three years firm plus five years options thereafter…
Pirates attacked an Italy-flagged offshore supply vessel in the southern Gulf of Mexico, injuring two crew members, the Mexican Navy said on Tuesday, in the latest outbreak of robbery and piracy to hit oil platforms and infrastructure in the area…
UK-based player in subsea, onshore/offshore and surface projects TechnipFMC has entered into a memorandum of agreement (MOA) to sell the Global 1201 S-lay and heavy-lift and pipelay vessel in an effort to optimize the profile and size of its subsea fleet…
Marine services firm Bourbon has signed a contract committing more than 100 offshore support vessels (OSVs) to Inmarsat’s Fleet Xpress, the maritime broadband service that combines the speed of Ka-band with continuous back up from Inmarsat’s FleetBroadband operating on L-band…
Norwegean subsea operating company DOF Subsea announced that it has won multiple contracts for projects in Trinidad and the U.S. Gulf of Mexico (GOM).The offshore services firm did not disclose the names of its clients.Skandi Neptune has been…
The Middle East, a region heavily reliant on oil and gas income, has certainly felt the strain of the offshore downturn. Cutbacks in exploration and production spending hit the region hard and this quickly filtered down into the supply vessel sector…
Singapore's Sembcorp Marine has delivered the Q7000 semisubmersible well intervention rig to Helix Energy Solutions Group.The Q7000 is expected to commence its first project in January next year, providing subsea services off the coast of Nigeria…
Subsea 7's newbuild reel lay vessel Seven Vega has been transported from Royal IHC's shipyard in Krimpen aan den IJssel to Rotterdam Heijplaat through the beautiful scenery of Rotterdam.Launched in May 2019, Seven Vega is a high-specification…
Offshore services provider Subsea 7 cut its 2019 revenue outlook on Thursday but predicted a rebound next year as demand for oilfield services and from renewable energy providers is set to increase, boosting its shares almost 6%.Subsea 7 now expects a slight decline in revenue this year from 2018…
LOC Group, a provider of services to the offshore oil and gas industry, announced it has become the third-party provider for marine assurance and inspection with BP Egypt.LOC Egypt has been awarded a two-year marine assurance and inspection contract by BP Egypt…
In a bid to boost its offshore deep water operations, RusselSmith, a Nigeria-based oilfield services provider, has chosen Saab Seaeye’s Cougar XT electric underwater robotic vehicle to boost its ROV fleet.“The Cougar is an ideal choice,” says RusselSmith CEO…