The Netherlands-based Mammoet confirmed it has completed its acquisition of UK-based rival ALE, creating the industry’s largest engineered heavy lifting and transport services provider.The businesses will operate as one company under the Mammoet…
Russian oil and gas exploration company Gazprom Neft has completed ecological monitoring of grey whale populations at the Ayashsky license block, offshore from Sakhalin Island, with expedition members registering more than 550 animals in the course of a five-month survey…
Royston said it has completed the overhaul of a critical power system on board the Bluewater Services operated floating production, storage and offloading (FPSO) vessel Aoka Mizu.The diesel power specialist said its team of engineers undertook the 6…
Anchor-handling tug supply (AHTS) vessel ENA Shogun will commence a one-year project (+options to proceed further) with a Bruneian oil company, primarily supporting semi-submersible rigs in their fleet.VOS Singapore said it has secured a third…
Australia-listed Global Energy Ventures (GEV) has extended a letter of intent (LOI) with Yantai CIMC Raffles Offshore to build the CNG Optimum 200 ships.The extension is for six months through to 30 June 2020. The LOI is based on a firm order…
Hornbeck Offshore Services announced its common stock has been delisted from the New York Stock Exchange (NYSE) on December 20, 2019, and that the company began trading on the OTC Pink marketplace effective December 23, 2019.The NYSE announced…
Asian marine and offshore engineering group Sembcorp Marine has secured two offshore platform projects worth over 550 million Singapore dollars (US$405.9 million) from Qatar-based North Oil Company (NOC).The contract is to support redevelopment efforts at the Al Shaheen and Tyra fields…
Denmark's petroleum giant Total E&P Danmark has extended the charter contract for the platform supply vessel (PSV) Havila Herøy for a period of 9 months with 3 optional periods each of one month.The Norwegian provider of supply services to offshore…
The offshore supply vessel (OSV) industry has emerged from its 2017 trough, thanks in large part to a slight shrinkage of the active fleet, a string of debt restructurings, improved cost management, and an uptick in drilling activity in a few regions…
French marine services group Bourbon Corporation, which has been in a court restructuring process after its business was hit by volatile energy markets, said its assets would be taken over by its creditor banks.Bourbon said the Marseille commercial…
Australian oil and gas exploration and production company Beach Energy Limited has signed an agreement with OMV GSB Oil Exploration to acquire a 30% participating interest in exploration permit (EP) PEP50119 in the Great South Basin, offshore New Zealand…
The British Queen, in her speech to both houses of United Kingdom (UK) parliament, revealed that the UK’s target for installed offshore wind energy has been raised to 40 GW by 2030, and that the UK government will support the development of floating wind turbines…
MHI Vestas Offshore Wind (MVOW) announced that the first turbine has been installed at Northwester 2 in Belgium, the world’s first offshore wind park to feature the record-breaking V164-9.5 MW turbine.The 219 MW project, Northwester 2, is the…
Norwegean offshore driller Odfjell Drilling has been awarded the contract for platform drilling and maintenance and minor modifications for ConocoPhillips offshore Norway.The oil drilling, well service, and engineering company said that the…
Dutch engineering company Royal Boskalis Westminster has been awarded two offshore contracts with a combined value of approximately EUR 85 million.For a new offshore windfarm in Taiwan, Boskalis will carry out the scour protection of the turbine…