In July 2017, with overall debts totaling about $1 billion, Gregory Callimanopulus led Toisa Ltd was forced into selling off its entire fleet. What followed was one of the largest and most systematic selloffs in offshore history, and for the…
A Chinese survey ship returned to Vietnam's exclusive economic zone off its coast on Tuesday, ship tracking data showed, less than a week after it left the area where vessels from the two countries were locked in a month-long standoff.The Haiyang…
Two providers of subsea and well intervention solutions, China based offshore and subsea solutions company COOEC Offshore and oilfield services company Expro, have formed an alliance agreement to expand capabilities and resources.COOEC Offshore…
Canada has a well-established offshore history within the oil and gas sector, with the first offshore exploration carried out by Mobil in the Stable Island region in 1959. Today, the major areas of activity are within the Jeanne d’Arc Basin…
Construction on SBM Offshore's third Fast4Ward floating production, storage and offloading unit (FPSO) hull recently began at Chinese shipyard Shanghai Waigaoqiao Shipbuilding and Offshore (SWS), the Dutch FPSO provider revealed on Thursday…
Acta Centaurus, a new DP2 walk-to-work offshore wind construction support vessel owned by Netherlands-based Acta Marine, will be fitted with hybrid propulsion capability from Wärtsilä, the Finland-based technology group announced on Thursday…
Texas-based international offshore energy services company Helix Energy Solutions Group announced that it has entered into a contract for its new-build semi-submersible well intervention vessel, the Q7000.According to the provider of specialty services to the offshore energy industry…
Japanese floating production specialist MODEC has developed a pair of next generation new build hull designs for floating production, storage and offloading (FPSO) vessels developed in partnership with Mitsui E&S Shipbuilding, targeting greater production and storage capacity…
Marine diesel power specialist Royston reports that it is working with a number of international oil companies (IOCs) operating in Malaysia to equip oilfield supply contract vessels (OSVs) with specialist electronic fuel management systems.In recent months…
Offshore support vessel operator Seacat Services has taken up its option to build a second multimillion-dollar Chartwell 24 catamaran for the offshore wind sector. Seacat Rainbow, designed by pioneer in next generation vessel design, Chartwell Marine…
Two offshore support vessels (OSV) operated by offshore oil and gas marine support specialists MMA Offshore have undergone engine overhaul programs, diesel power specialist Royston Australia said.The work scope saw Royston engineers undertake…
TechnipFMC’s flagship deepwater pipelay and construction vessel is embarking on a large-scale subsea project laying pipeline on the Equinor-operated Peregrino Phase 2 Project in the Campos Basin offshore Brazil.According to TechnipFMC, Deep…
At the end of last week, Vroon subsea-support walk-to-work unit VOS Start arrived in IJmuiden after almost two years engaged in operations for offshore renewables client MHI Vestas Offshore Wind (MVOW).The Netherlands-flagged vessel commenced duties for MVOW in August 2017…
Australian offshore services company MMA Offshore said it has entered into an agreement to acquire the business of compatriot subsea services firm Neptune Marine Services by acquiring NMS's key operating subsidiaries.The purchase consideration…
A pair of new patrol vessels have been delivered to boost the security presence for offshore operations off the coast of Nigeria.The Netherlands based Damen Shipyards Group said on Tuesday it has handed over two Fast Crew Supplier (FCS) 3307…