Vessels News

Seabed Geo Places Eidesvik Offshore Vessel on Standby

Apr 24, 2020

Ocean Bottom Node survey company Seabed Geosolutions and Norwegian vessel owner Eidesvik Offshore have reached an agreement to place Eidesvik’s Subsea Viking vessel on a stand-by.Seabed Geosolutions back in February awarded two Eidesvik's vessels…

Multiple Contracts for Reach Subsea, MMT

Apr 24, 2020

Reach Subsea and MMT have together been awarded several contracts and call-offs under frame agreements for 2020 execution, representing about 450 project days, Reach said Friday.According to the Oslo-listed company, the projects involve inspection…

Valaris Hit with Slew of Rig Deal Cancellations

Apr 23, 2020

Offshore drilling contractor Valaris has been hit with a slew of contract terminations, and dayrate and term reductions, its rig quarterly fleet status update released on Wednesday shows.The news of contract terminations comes as no surprise…

Malaysia Calls for Peaceful End to South China Sea Standoff

Apr 23, 2020

Malaysia called on Thursday for disputes over the South China Sea to be resolved by peaceful means, amid a standoff between Chinese and Malaysian vessels that a U.S. think tank said had been going on for months.U.S. and Australian warships arrived…

Floatel's Rig Charter with Ineos Delayed till 2021

Apr 23, 2020

Offshore accommodation rig provider Floatel International has seen its contract with Ineos FPS delayed.Floatel said Thursday that the two companies have agreed to postpone the charter for the Floatel Victory accommodation unit at the Unity platform in the UK North Sea to April 2021…

Subsea 7 Scores 'Substantial' Offshore Wind Deal in Dutch North Sea

Apr 23, 2020

Offshore installation contractor Subsea 7 has won a 'substantial' contract for work on the first subsidy-free offshore wind farm in the Netherlands.The company has been tasked by Vatenfall to transport and install wind turbine monopile foundations…

Keppel Delivers New Jack-Up Drilling Rig to Borr Drilling

Apr 23, 2020

Singapore-based offshore drilling rig builder Keppel Offshore & Marine has delivered a newbuild jack-up drilling rig to Norway's Borr Drilling.The rig, named Hild, was built to Keppel's KFELS Super B Class design. The Hild is the sixth jack-up that Keppel has delivered to Borr Drilling…

Saipem Unable to Offer Guidance after Coronavirus, Oil Collapse

Apr 23, 2020

Italian oil services group Saipem said on Thursday it could not offer new guidance for the year because of the highly unstable environment created by the COVID-19 pandemic and falling oil prices.Last week the group pulled its 2020 outlook saying…

DOF: Several OSVs Might Go in Layup

Apr 22, 2020

Norwegian offshore vessel operator DOF has warned that several of its vessels might be laid up after the end of their current contracts, citing lack of new work opportunities amid the oil price rout and COVID-19 pandemic effects. On a positive note…

CWind Expands Offshore Vessel Fleet

Apr 22, 2020

UK-based offshore support services provider CWind has signed a long-term charter deal with Dalby Offshore for several offshore vessels that will support offshore wind farms in the UK North Sea.The deal will see CWind immediately add four new…

Innogy Sells Offshore Wind Installation Vessel

Apr 22, 2020

Germany-based energy firm innogy has sold its offshore installation vessel ‘Seabreeze II’ to Hong Kong-based firm SPIC Ronghe International Financial Leasing Co. Ltd. Richard Sandford, Director of Offshore Investment & Asset Management at innogy…

Qatar Books Chinese Shipyard Capacity in LNG Carrier Fleet Expansion Push

Apr 22, 2020

Qatari state-owned oil and gas company Qatar Petroleum has signed a deal to reserve LNG ship construction capacity in China in a deal potentially worth more than $3 billion.QP said that the reserved LNG carrier construction capacity would be used for QP’s future LNG carrier fleet requirements…

30+ Companies Compete for Guyana Crude Trading Deal

Apr 22, 2020

More than 30 companies, including commodities traders like Gunvor and Vitol as well as units of oil majors like Exxon Mobil and Royal Dutch Shell, submitted expressions of interest for a contract to market the Guyanese government's share of the country's crude…

Scottish Airline Brings Polish, Latvian Workers to North Sea Vessels

Apr 21, 2020

Scotland-based airline Loganair has been awarded charter deals to fly offshore vessel workers from Poland and Latvia to the UK North Sea area, helping clients resolve offshore crew changes problems caused by COVID-19 pandemic.Logainair said…

Eni Extends Charter for Torill Knutsen Shuttle Tanker

Apr 21, 2020

Shuttle tanker operator KNOT has secured a contract extension for its Torill Knutsen tanker with Italy's Eni.KNOT said Tuesday that Eni had exercised two of its one-year options to extend the time charter of the Torill Knutsen until November 2022…

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