Offshore Construction Vessel News - page 4


What Became of the Toisa OCV Fleet?

Aug 13, 2019

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…

COOEC, Expro Team up for RLWI

Aug 12, 2019

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…

DOF Subsea Wins UKCS Decom Job

Aug 08, 2019

Norwegian vessel provider DOF Subsea has been awarded a contract to decommission subsea infrastructure within the UK Continental Shelf (UKCS).The Oslo-listed  subsea operating company said in a press note that the contract in the decommissioning…

Prosafe's Fleet Utilization Hits Record

Aug 06, 2019

Norwegian flotel player Prosafe said that the utilization of its offshore accommodation rigs reaching the highest level in almost four years.Prosafe lifted fleet utilisation significantly in the second quarter of 2019 was 71.6 per cent (Q2 2018: 45…

Solstad CSV Wins Contract Extension

Jul 22, 2019

Norwegian offshore service and supply ship shipping company Solstad Offshore and Mexican company Subtec S.A have agreed to extend the contract for the construction support vessel (CSV) Far Sentinel with two-and-a-half-years.The 142-meter CSV…

Activity Picking Up Offshore Guyana

Jul 14, 2019

Guyana, located on the northern mainland of South America and nestled between Venezuela and Suriname, has become one of the most exciting regions within the oil and gas industry over the last few years. ExxonMobil has invested heavily in the…

Heerema Signs On Vineyard Wind Project

Jul 12, 2019

Dutch offshore contractor Heerema Marine Contractors said on Friday it has been assigned to help build the first and largest commercial offshore wind farm in the United States.Situated 14 miles off the coast of Massachusetts, the 800-megawatt…

Sleipnir Preps for Maiden Voyage

Jul 10, 2019

The world's largest semi-submersible crane vessel will embark this week on its 45-day maiden voyage to Spain.Dutch firm Heerema Marine Contractors’s newest vessel Sleipnir, built by Sembcorp Marine in Singapore, is designed to work on large offshore projects such as installing and removing jackets…

Subsea 7 Scores North Sea Contract

Jul 10, 2019

Offshore services firm Subsea 7 announced it has won a contract from Equinor for installation and diving operations on the Europipe II, Heimdal and Statfjord (EHS) fields, located in the Danish and Norwegian sectors of the North Sea.The deal is worth between $50 million and $150 million…

GC Rieber Wins Charter for Polar Queen

Jul 09, 2019

Norwegian shipping company GC Rieber Shipping has been awarded a six-month charter for its Construction Support Vessel Polar Queen.The operator of offshore subsea support vessels, marine seismic vessels and polar logistics and research expeditions…

Rever Offshore Firms Up North Sea Presence

Jul 05, 2019

The subsea services provider to the oil and gas industry Rever Offshore continued to consolidate its North Sea presence, announcing the successful completion of three standalone contracts for energy major, Total E&P UK.The UK-based company said…

Offshore Vessels Are Down But Not Out

Jul 02, 2019

It's true that the offshore vessel market is still suffering, but that's not to say there aren't glimmers of positivity.Asset values remain at historic lows throughout much of the offshore sector, but the anchor handler market has been hit hardest…

Sleipnir Passes Sea Trials

Jun 28, 2019

The world's largest crane vessel, Sleipnir, has completed sea trials and crane load tests, the vessel’s owner Heerema Marine Contractors announced on Friday.The new $1.5 billion semi-submersible crane vessel was built by Singapore's Sembcorp…

Oceanteam Bags CSV Gig

Jun 28, 2019

Norway's Oceanteam Shipping said that its construction support vessel (CSV) Southern Ocean will support Fugro for a deepwater remotely operated vehicles (ROV) subsea installation project off the coast of Sabah, Malaysia.The offshore services…

DSV Rever Polaris Gets Engine Overhaul

Jun 20, 2019

New engineering work involving the overhaul of diesel engines on the offshore construction and dive support vessel (DSV) Rever Polaris, has been completed by power specialist Royston.Engineers undertook the DG1 and DG3 24,000 and DG4 36,000…

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