Offshore contractor Subsea 7 announced Wednesday it has finalized the acquisition of a 2009-built multipurpose offshore construction and dive support vessel.The vessel Toisa Pegasus, formerly owned by Sealion Shipping, is to be renamed Seven…
Norwegian multinational energy company Equinor ASA and the provider of emergency rescue and response vessels Esvagt have extended their cooperation in the southern part of the Norwegian sector.The vessel provider said on Tuesday that the cooperation…
U.S. offshore vessel owner Seacor Marine has acquired of three fast support vessels (FSVs) in exchange for the private placement of 603,872 shares of its common stock to domestic U.S. holders affiliated with the McCall family of Louisiana.The…
Maersk Supply Service announced Wednesday it has lined up work for two anchor handling tug supply (AHTS) vessels in support of a drilling program offshore Australia.Under a contract awarded by Chevron Australia, the vessels Maersk Mariner and Maersk Master will provide towing…
Cyprus based marine seismic player SeaBird Exploration said it has been awarded a contract to acquire 2D seismic data for an international oil and gas company in the Americas region.The survey is due to commence during the second quarter of 2019 and is estimated to run for approximately two months…
Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) said that its vessel utilisation for the fourth quarter 2018 was 32% compared with 13% for the fourth quarter in 2017.For the full year 2018, the vessel utilisation was 33%…
BW Offshore announced Firday it has secured another one-year extension for the lease and operation of the floating production storage and offloading vessel (FPSO) Polvo in the Campos basin offshore Brazil.The agreement signed with PetroRio extends the firm period from Q3 2019 to Q3 2020…
Bourbon has announced the renewal of the general waiver with its leasers and debt holders representing the majority of the group’s debt, thus allowing it to suspend the payments of its loans and debt.According to Bourbon, the waiver allows it to stay focused on its operational priorities…
Belgium based EXMAR announced Thursday that its floating liquefied natural gas (FLNG) facility has left China for a 45-day voyage to the destination of its liquefaction operations at the Port of Bahia Blanca in Argentina.The barge-based Tango…
Despite the lingering volatility of global commodity prices, Africa's offshore oil and gas industry has continued to expand, albeit not as fast, opening up more market opportunities for floating production storage and offloading (FPSO) vessel manufacturers and suppliers…
BP announced Monday that a newly retrofitted vessel has been launched to be used for acid stimulation activities in 17 selected wells in its operated Azer-Chirag-Gunashli (ACG) offshore field, marking a first-of-its-kind project for the region…
As the year comes to a close it is interesting to examine some of the latest developments in the offshore and maritime markets in Brazil. Data from National Union of Marine and Offshore Construction and Repair Industry (SINAVAL) shows a number…
Royal Dutch Shell said on Wednesday it has begun output at its Prelude floating liquefied natural gas (FLNG) facility in Australia, the world's largest floating production structure and the last of a wave of eight LNG projects built in the country over the last decade…
Marine geophysical company Polarcus Limited announced Monday that its subsidiaries have entered into a memorandum of agreement with Sovcomflot GEO (SCF GEO), to provide 4D marine seismic acquisition services in the Far East for a major exploration and production company…
Classification society ABS introduced remote surveys in an effort to drive safety performance and productivity for clients using digital technologies.“Our global workforce delivers unparalleled responsiveness to meet our clients’ needs; however…
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