Due to a continued weak platform supply vessel (PSV) market, Viking Supply Ships has decided to lay up the PSV vessels Sol Viking and Freyja Viking with immediate effect. Sol Viking and Freyja Viking are medium sized PSVs equipped for…
COSL Drilling Europe will cut to some 230 jobs from its workforce, as a direct result of Norwegian giant Statoil terminating its contract for the COSLInnovator semisubmersible contract earlier this month. The COSLInnovator…
Shell has started oil production from the third phase of its Parque das Conchas (BC-10) development, offshore Brazil, in hopes of adding up to 20,000 boe/d. The Espirito Santo FPSO. Image from SBM Offshore…
DONG Energy has appointed Fugro to perform offshore pre-construction surveys at the Walney Extension offshore wind farm off the UK’s Cumbria coast. The pre-construction and engineering survey will provide detailed information to the Walney Extension project team…
Semco Maritime has been awarded a contract by Paragon Offshore for intermediate classification and service works on the Paragon MSS1 semisubmersible drilling rig. The service works will be performed at Semco Maritime’s rig facilities at Invergordon…
Noble Corp. anticipates the Noble Lloyd Noble newbuild jackup to have a delivery delay from the Sembcorp Marine Tanjong Kling shipyard, in addition to a delayed delivery date to Statoil due to damage endured to the rig last month. The…
Saudi Aramco is reducing dayrates by 5% with Hercules Offshore for three jackup rigs. On 9 March, Saudi Aramco sent Hercules a notice of the reductions for five-year contracts for the Hercules 261 and Hercules 262 from US$67,000 per day to $63…
Det norske oljeselskap has gained approval from the Norwegian Petroleum Directorate (NPD) for a drilling permit for well 16/1-26 S, which is part of the Ivar Aasen field, in the North Sea. Well 16/1-26 S will be drilled from the Maersk…
Rosneft has made its debut as a drilling operator in international waters, as the Russian giant commenced drilling operations at the PLDD-1X well, offshore Vietnam. The HAKURYU-5 rig, image from Japan Drilling…
SeaBird Exploration has signed an addendum to the charter party relating to M/V Hawk Explorer to further extend the lease on current payment terms from 31 May 2016 to 28 February 2017. At the end of the lease, the company will have the…
Shell Canada’s operations offshore Nova Scotia were brought to a halt over the weekend due to severe weather, which caused a 2km pipe from the Stena IceMAX drillship to fall to the seafloor. The Stena IceMAX…
Petronas' first floating liquefied natural gas (FLNG) facility officially received its name, PFLNG Satu, at a ceremony held at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. President and group CEO of Petronas…
Budget cuts by Mexican national oil company Pemex are having a knock-on impact in the Mexican Gulf of Mexico. Mexico's Cotemar Group, which works for Pemex, has said it will suspend use of Norwegian accommodation vessel provider Prosafe's Safe Regency mid-March…
Farstad Shipping has recently sold and delivered two vessels. The PSV Lady Grete was sold on behalf of Farstad Shipping’s Singapore subsidiary, and delivered to the new owner on 29 February 2016. The AHTS Far Sea was sold through Farstad Supply…
Eidesvik has been awarded contract extension for the supply vessels Viking Lady and Viking Athene from Total on the Solaris well. The contract is in direct continuation with the current contract, which began in December 2015 with an estimated duration of 75 days…