Liftboats News

 

Borr Drilling Buys Paragon Offshore

Feb 22, 2018

Offshore rig firm Borr Drilling, controlled by Norwegian investor Tor Olav Troeim, is proposing to buy its rival Paragon Offshore for $232.5 million in a push to consolidate the fragmented rig market, it said on Thursday. A plunge in oil prices in 2014 forced oil firms to cut back on offshore exploration, reducing demand for drilling rigs at a time when new rigs ordered during the boom years were entering the market…

SAL Fly High With New Extension

Jun 13, 2019

SAL Heavy Lift, a carrier specialized in sea transport of heavy lift and project cargo, has installed a Fly-Jib crane boom extension on MV Lone which will be used on an offshore wind project in Taiwan.The Hamburg-based company said in a press…

OOS Serooskerke Undocked at CMHI Jiangsu

Oct 02, 2018

China Merchants Heavy Industry (CMHI) Jiangsu shipyard has undocked OOS Serooskerke, OOS International's newest semi-submersible crane vessel (SSCV).'The undocking operation was complex because of the limited water depth in the dry dock,' said a press release from the company…

Kongsberg to Equip New Heavy Lift Crane Vessel

Sep 25, 2018

Kongsberg Maritime has secured a contract worth approximately $13 million to equip a new heavy lift crane vessel for Offshore Heavy Transport (OHT) with an innovative technology suite. The vessel, a customized Ulstein Design & Solutions BV design…

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