Offshore News


Apache Makes 'Significant' Discovery Offshore Suriname

Apr 02, 2020

U.S. oil company Apache has said it has made a significant oil discovery at the Sapakara West-1 well drilled offshore Suriname on Block 58. This is the company's second large oil discovery in the country this year. The first was struck in January…

Hornbeck Offshore to File Chapter 11

Apr 02, 2020

U.S.-based offshore vessel owner Hornbeck Offshore Services announced it will file chapter 11 after defaulting on payment obligations.The New York-listed company said in an SEC filing that it has reached an agreement with lenders and holders of the company’s unsecured 5…

Covid-19: Boskalis Stops Crew Changes, Cuts Spending

Apr 02, 2020

Dutch offshore transportation and dredging giant Boskalis has halted crew changes and will slash spending this year due to the COVID-19 virus crisis, it said on Thursday.The company said that, while its workers work from home where possible…

Workers From a BP Gulf of Mexico Platform Test Positive for COVID-19

Apr 01, 2020

Several workers on a BP Plc oil platform in the U.S. Gulf of Mexico have tested positive for coronavirus, the company said on Wednesday, a day after a worker at BP's operations in Alaska also tested positive.The cases are the first recorded among oil workers in the Gulf of Mexico and Alaska…

Siem Offshore Gets Breathing Room

Apr 01, 2020

Norway-based offshore vessel owner Siem Offshore has received some breathing room after reaching an agreement with its banks.The company last week warned that the extreme fluctuations in the financial markets over the past weeks „have resulted…

Solstad Offshore, Creditors Agree on Draft Restructuring Plan

Mar 31, 2020

Norway's offshore service vessels (OSVs) supplier Solstad Offshore and its creditors have agreed on a draft restructuring plan, which includes converting 10 billion crowns ($962.17 million) of debt into equity, the company said on Tuesday.The large majority of stakeholders…

Huisman Crane for Penta-Ocean's Wind Turbine Installation Rig

Mar 31, 2020

Dutch offshore equipment manufacturer Huisman has signed a contract with PaxOcean Engineering for the delivery of a 1,600mt Leg Encircling Crane. The crane will be installed on the new self-elevated platform (SEP) of Japanese company Penta-Ocean Construction…

Abu Dhabi's Gulf Marine Services Reaches Debt Restructuring Deal

Mar 31, 2020

Abu Dhabi-based Gulf Marine Services (GMS) said on Tuesday it had reached an agreement with its syndicate of banks to restructure its debt that will help it weather the coronavirus crisis.London-listed GMS provides support vessels for offshore oil and gas and other energy installations…

ABS to Class Silver Eagle's New Jack-Ups

Mar 31, 2020

ABS, a classification services provider to the marine and offshore industries, will provide classification for a series of 'highly innovative Self-Elevating Drilling Units (SEDU)' for Silver Eagle Global.Silver Eagle, of Manama, Bahrain, says…

What Will COVID-19 Mean for US Offshore Wind?

Mar 30, 2020

What will COVID-19 mean for the offshore wind industry? An industry not yet spinning on its own.Epitomized by the roller coaster ride that defined the stock market over the last few weeks, unpredictability has emerged as one of the few certainties of the coronavirus disease 2019 (COVID-19) crisis…

Sleipnir Completes Largest Ever LNG Bunkering

Mar 27, 2020

The world's most powerful semi-submersible crane vessel received the largest liquefied natural gas (LNG) bunkering ever completed.On Thursday, Titan LNG performed the bunkering of Heerema's Sleipnir, using the Coral Fraseri, Anthony Veder's LNG carrier in the Port of Rotterdam…

Valaris to Lose $620,000 a Day Rig Deal with Total after BOP Drop off Angola

Mar 27, 2020

Valaris, the world's largest offshore drilling company by fleet size, is set to lose one of the most lucrative contracts in the offshore drilling industry today after it recently accidentally dropped a blowout preventer stack to seabed offshore Angola…

Belov's New DSVs Commissioned

Mar 26, 2020

Two new dive support vessels (DSV) operated by Belov Engenharia Ltda. have completed class commissioning and are currently performing client acceptance testing for Petrobras.Built at Belov's own fabrication facility in Salvador, the newbuilds…

Vroon: Suspension on Crew Changes Extended

Mar 25, 2020

Dutch shipping company Vroon is extending its recently imposed suspension of crew changes on its vessels, citing the impact of the coronavirus.In a public letter addressed to colleagues, friends, and families, Vroon CEO Herman Marks said: 'Every day…

Two Harvey Gulf Vessels Equipped with BWMS

Mar 24, 2020

Two platform supply vessels operated by US-based Harvey Gulf International are due to be equipped with Evac Evolution ballast water management systems (BWMS).The Harvey Spirit and Harvey Supplier (85.4 meters overall) will each be fitted with…

Current News

Chuditch-2 Appraisal Well Surveys in Full Swing Offshore Timor-Leste

Mitsui to Develop Vietnam Gas Field for $740 Million

Sima Christens New Crew Tender Vessel

Baron Oil Surrenders License in Once Promising North Sea Block

Subscribe for OE Digital E‑News