Helix Energy Solutions has confirmed an order for a second semisubmersible light well intervention rig from Sembcorp Marine subsidiary Jurong Shipyard. The US$346 million order is scheduled for delivery mid-2016, and will be built based…
Van Oord has ordered a new cable-laying vessel. The ship will be built at Damen Shipyards’ wharf in Romania and will be completed at the end of 2014. The ship is intended for the installation of electricity cables for offshore wind parks…
SeaBird Exploration Plc notified the owner of Hawk Explorer that it will exercise its option under the current charter agreement to purchase the vessel and related equipment for US $6.5 million. The vessel and equipment will be delivered at the end of the lease term August 31…
Craig Group announced the investment of £70million to build six new vessels at the Balenciaga Shipyard in northern Spain. Four D-class IMT 950 Emergency Response and Rescue Vessels (ERRV) and two F-class IMT 958 ERRVs will be delivered during 2014 and early 2016…
Harkand has confirmed the acquisition of the main assets and business of Veolia Marine Services (VMS). The transaction is in line with the announcement of May 21, 2013. The acquisition adds 150 onshore and offshore staff, three dynamically…
Maritime Developments (MDL) has launched a new portable vertical lay system (VLS) for the deployment and retrieval for subsea umbilicals, risers and flowlines. The system is road transportable; can be assembled on the quayside; can be…
Emas AMC’s newly converted S-lay deepwater pipelay vessel Lewek Centurion has just completed its first contract since its conversion, laying pipe for Wintershall in the Dutch sector of the North Sea. The vessel was acquired from Helix Energy Solutions in July…
High activity levels in the North Sea are making an attractive market for Damen Shipyards. Last year, its biggest newbuild market was in tugs and work boats, with 80 delivered. Now, the firm has turned its attention to oil and gas industry support vessels with its new Damen Offshore Series…
Bluewater’s Haewene Brim floating production and offloading vessel (FPSO) has been in dry dock for an upgrade at the Nigg fabrication yard in the Cromarty Firth, northeast Scotland. It is the first time the yard, operated by Global Energy Group…
Alaska states Arctic needs Alaska’s Lt. Governor Mead Treadwell stated the case for the state’s needs at the Ice-Diminished Arctic Conference in Washington, D.C. He emphasized the need for safety, security, and economic development in the region…
New vessels, acquisitions, and expertise are driving Dutch growth. Elaine Maslin reports. The Dutch offshore sector is leveraging its engineering and seafaring traditions to grow its presence in the global oil and gas industry. The…
Resolve Marine Group, based in Fort Lauderdale, Florida has agreed to acquire Magone Marine Services of western Alaska. The result, say Resolve, will be a greatly expanded, emergency response and marine services company that combines…
Wärtsilä has been contracted to supply propulsion solutions for six new offshore pipe laying vessels being built by IHC Merwede. Three of the ships are to be built for Subsea 7. The other three vessels have been ordered by Seabras Sapura…
Jaya Holdings signed a contract to charter its new build DP2 Platform Supply Vessel (PSV) “Jaya Vigilant” for a long term operation in the Indian Ocean, offshore Mozambique. The two-year contract, which includes charterer’s options has a value of more than US $20 million…
In June 2013, Malaysia's Yinson Holdings Berhad made a conditional offer to acquire Norway's Fred. Olsen Production ASA ('FOP') for NOK995.74 million (US$172.1 million), or NOK 9.40/share that was approved by the FOP board. On 4 July 2013…