Bourbon and Kongsberg Maritime have strengthened their collaboration in digital solutions for next generation connected vessels by signing a strategic agreement of collaborative development on connected and autonomous vessels. The two…
Odfjell Drilling signed a letter of award (LoA) today (31 May) with Statoil to secure the Deepsea Bergen for drilling activities in 2018-2019. The LoA includes one firm well plus four options for three additional wells, which totals out to 14 months in all…
Saudi Aramco and partners have proposed to build the US$5.2 billion King Salman International Complex for Maritime Industries & Services, a maritime complex in Saudi Arabia that will be one of the largest yards in the Arabian Gulf. Signing…
Ensco is set to acquire Atwood Oceanics in an all-stock transaction worth some US$839 million, creating a company with the largest jackup fleet in the world. Image from Ensco. Ensco…
Odfjell Drilling, on behalf of Golden Close Maritime Corp., inked a two-well contract for the ultra deepwater drillship, Deepsea Metro I with an undisclosed party in Southeast Asia. The deal will see the Deepsea Metro I drill two firm…
Husky Energy has firmed up plans for its West White Rose Project offshore Newfoundland and Labrador with first oil set for 2022, while announcing a new discovery at Northwest White Rose. The SeaRose FPSO…
Wärtsilä signed an agreement with Eidesvik Offshore to install a hybrid system with batteries on board of its vessel Viking Princess. Image of the Viking Princess, from Eidesvik. It…
The NAGA 2 self-elevating mobile offshore drilling unit is set for mobilization to the Ophir oil field offshore Malaysia, according to Octanex. Map of the Ophir field, from Octanex. The…
Oceaneering International subsidiary Oceaneering Canada Ltd., has entered into a 10-year deal with a major international oil and gas company to provide remotely operated vehicle (ROV) services and equipment for projects offshore of Newfoundland and Labrador…
Vallianz Holdings secured long-term charter contracts for four vessels valued at up to US$115 million in total in the Middle East, Egypt, and Turkmenistan. The contracts mark Vallianz’s entry into two new markets in the Middle East and Central Asia…
Norway’s Petroleum Safety Authority (PSA) has approved for Statoil to use the Bideford Dolphin mobile drilling facility for production drilling at Vigdis in the Norwegian North Sea. Statoil is to plug the B-1 AH production well on the Vigdis field…
Ocean Yield has agreed a contract extension on its four-month bareboat charter of the Lewek Connector subsea construction vessel with a related company of Ezra Holdings at a rate of US$40,000/day. The initial contract was for four months…
Keppel Offshore & Marine Ltd (Keppel O&M) is set to deliver SOCAR’s newbuild, the recently named Heydar Aliyev semisubmersible drilling rig. Keppel O&M through its subsidiary in Azerbaijan, Caspian Shipyard Co. (CSC), will deliver the Heydar Aliyev to Caspian Drilling Co…
The Go Electra, from M2 Subsea. M² Subsea secured its first contract award that will see the firm supply the Go Electra vessel, ROVs and personnel to support survey work on the world’s longest subsea pipeline system…
Westwood Global Energy Group (WGEG) predicts to see stagnation in terms of dollar demand through to early next decade before signs of a recovery emerge. This is due primarily to the marked oversupply of equipment. Most critically, the newbuild offshore rig market (comprising jackups…