ABS has granted approval in principle (AIP) to a Hyundai Heavy Industries (HHI) floating liquefied natural gas (FLNG) hull design. Specifically conceptualized for near-shore operations, the vessel was designed with a length of 1050ft (320m)…
DOF subsidiary DOF Rederi has entered into agreements with both Nexen Petroleum UK and Maersk Oil North Sea UK for charter contracts in the North Sea. With Nexen, a contract is scheduled to start in May for the Skandi Marstein in the North Sea…
Australia's Woodside Energy and Norway's Siem Offshore entered into a five-year charter contract for the delivery of Australia’s first liquefied natural gas (LNG) powered marine support vessel in 2017. Woodside chief operations officer…
Vessel builder VARD, vessel operator DOF and subsea firm Technip celebrated the christening of the newbuild Skandi Açu pipelay support vessel (PLSV) at Dutch offshore equipment manufacturer and engineer Huisman in the Netherlands. The…
IKM Testing in Aberdeen has been awarded a multimillion dollar pre-commissioning services frame agreement by Bibby Offshore. The three-year contract, with the provision to be extended by a further two years, spans (3) DSVs, (1) CSV and…
Brazil’s Petroleo Brasileiro (Petrobras) has sent its second cancelation notice this year to Athens-based DryShips, to terminate a vessel contract 16 months ahead of schedule that will set the company back nearly US$3 million. Image from Petrobras…
Mubadala Petroleum is set to commence drilling operations at the Sri Trang-1 exploration well in mid-May, offshore Thailand. The well is approximately 18km north-northeast of the Manora oil development, in the Gulf of Thailand and within the G1/48 concession…
The Cross Group has successfully completed subsea live well intervention operations on three TFL (through-flowline) template wells in the US Gulf of Mexico using its 3-1/16in 10,000 psi subsea convertible live well intervention package in 1800ft of water…
Norway’s Petroleum Safety Authority (PSA) has revealed in its investigation of a fatality aboard the COSL Innovator, that the rig was not built to endure weather conditions that occurred on the night of 30 December, however, COSL Drilling Europe conducted its own heavy-hitter investigation…
Tullow Oil is pushing back the start up of production at its Jubilee field offshore Ghana by an additional two weeks, after finding more damage to the Kwame Nkrumah floating production and storage offloading (FPSO) unit. Image of the Kwame Nkrumah…
Island Offshore's mobile offshore unit Island Constructor has been awarded a contract by BP Exploration Operating Co. for the provision of light well intervention services on the UK continental shelf in July this year. According to the terms of the agreement…
The Petroleum Safety Authority Norway has given Wintershall consent to use the mobile drilling facilities Island Frontier and Island Wellserver for intervention work on the wells in the Vega field. Vega lies due north of the Fram field…
The TRIYARDS Holdings built Lewek Constellation ice-class DP3 multi-lay vessel, was named Support Vessel of the Year at the 2016 Offshore Support Journal (OSJ) Awards. Only offshore support vessels (OSVs) deemed to have raised the bar…
Offshore rig count for March 2016 declined 33.4% when compared to March 2015, and 5% compared to February 2016. Image from Baker Hughes Twitter. According to Baker Hughes, there were a total of 241 vessels operating last month…
Saudi Aramco has extended a contract with Hercules Offshore for the Hercules 266 jackup, for work offshore Saudi Arabia. The contract extension will last until 30 June at a dayrate of US$63,650. The original contract was set to end this month…