Despite a string of good-news messages in recent weeks, the price of oil continued its weeklong slide on Monday, taking with it many of Norway’s oil-focused stocks.A large swathe of listed offshore suppliers and energy companies took a pounding…
Scantrol, a supplier of monitoring and control systems to the marine and offshore industries, has hired Frode Gaupaas as Business Development Manager for Subsea.Gaupaas has more than 23 years of experience in subsea and offshore operations.…
Oilfield services provider TechnipFMC has chartered the Skandi Vitoria pipelay support vessel.The Brazilian built pipelay support vessel is owned by the joint venture between DOF Subsea (50%) and TechnipFMC (50%).The contract for the Skandi Vitoria will start in January and is for two years…
The market for Offshore Supply Vessel (OSV) is expected to grow at a CAGR of roughly 8.3% over the next five years, will reach US$ 25 billion in 2023, from US$ 15.5 billion in 2017, according to a new study.The Anchor Handling Tug Supply (AHTS) vessels segment accounted for the largest share…
DOF Subsea, an international subsea operating company, has entered into a two-month long contract with an unnamed, international energy client in Africa.The Norway-based provider integrated project managed and engineered subsea solutions to…
Norway-based international subsea operating company DOF Subsea announced several contract-awards in the Asia Pacific region, securing 130 days vessel and resource utilization into the first quarter of 2020. The contracts, for undisclosed clients in New Zealand and South East Asia…
Norwegean subsea operating company DOF Subsea announced that it has won multiple contracts for projects in Trinidad and the U.S. Gulf of Mexico (GOM).The offshore services firm did not disclose the names of its clients.Skandi Neptune has been…
Norwegian international subsea operating company DOF Subsea has won two contracts totaling more than 160 vessel days for its offshore vessels Skandi Seven and Skandi Skansen in Africa.Skandi Seven has commenced operations for a repeat international energy company in Angola…
What do Colombia and Norway have in common? They both led the world in hydrocarbon discoveries in the third quarter of 2019.That GlobalData finding signals but one of many currents shaping an oil-and-gas industry that’s vital to keeping the largest nations on earth clothed…
With the resumption of oil and gas block tenders in Brazil, including highly valued pre-salt tenders, offshore support vessel (OSV) owners are expecting to get any vessels that are lying by without a contract to soon rejoin the market. However…
Norwegian offshore supply vessel (OSV) operator DOF has been awarded a contract extension for an anchor handling vessel.Norskan, a Brazilian subsidiary of DOF, and Petrobras have signed a 1-year extension for the anchor-handling tug supply (AHTS) vessel Skandi Fluminense…
Subsea services provider DOF Subsea has equipped a further three of its Brazilian offshore vessel fleet with hybrid acoustic and inertial navigation technology from Sonardyne Brasil Ltda.Sonardyne’s SPRINT-Nav all-in-one subsea navigation instruments…
Independent oil and gas company Jadestone Energy said replacement subsea umbilical cables have been installed at the Montara complex, offshore Australia.The project to replace the umbilical cables, which provide electrical power and control signals to the Montara complex subsea well-heads…
Norwegian offshore supply vessel (OSV) operator DOF has won work for two anchor-handling tug supply (AHTS) contracts to support OMV's drilling operations in New Zealand.Two AHTS vessels, Skandi Emerald and Skandi Atlantic, have been contracted…
DOF Rederi AS, a wholly owned subsidiary of DOF ASA, has signed a 5-year contract for the platform supply vessel (PSV) Skandi Feistein with Esso Australia Pty Ltd.The contract will start in the second half 2019, the vessel owner said on Tuesday…