Seaway 7 took delivery of a new semisubmersible heavy transport vessel. The company entered into a bareboat contract with United Faith for its new build vessel MV Xin Qun 3, renamed Seaway Swan.Seaway Swan is a 50,000 DWT Heavy Transport Vessel…
Australian oil and gas company Western Gas, gearing up to start drilling at its promising Sasanof-1 prospect off W. Australia, has said that the mobilization of equipment to the Valaris MS-1 semisubmersible drilling rig has now started in preparation…
Offshore drilling company Awilco Drilling has agreed to sell its WilPhoenix semi-submersible drilling rig to the UK-based P&A specialist Well-Safe Solutions Ltd. Well-Safe will pay $15.5 million for the semi-sub built in 1982 and upgraded in 2011…
Norwegian oil and gas company Aker BP has awarded Italy's Saipem an offshore drilling contract worth $325 million.Saipem said Thursday the operations under the three-year contract, to be carried out by the Scarabeo 8 semi-submersible drilling rig…
Offshore drilling contractor Valaris on Tuesday announced a new group of contracts for its rigs to be utilized in the U.S. Gulf of Mexico, U.K. North Sea and off the coast of Australia.Valaris said it secured a one-well contract with Kosmos Energy in the U…
From being an ugly duckling, floating offshore wind is now the Cinderella of the offshore renewables world. Attention is now being paid to floating and even subsea substation concepts to help bring this power to shore. Over the past year, expectations…
Norwegian offshore vessel operator Solstad Offshore has won a contract with Woodside in Australia for the platform supply vessel Normand Tortuga.The vessel will support the activities of the DPS-1 semisubmersible drilling rig on the Enfield P&A and Scarborough projects…
Following a significant contract win in Brazil, United Offshore Support GmbH (UOS) announced the expansion of its Americas business into Mexico. The Germany-based company recently secured a contract with ENI Mexico, part of Eni S.p.A, to provide…
Oslo-listed offshore heavy transport and wind installation company OHT has received and accepted a firm offer for a USD 135 million Senior Secured Green ECA Credit Facility.The loan was accepted by OHT's ship owing company OHT Alfa Lift AS,…
Drilling equipment maker MHWirth has received a notice from Singapore's Keppel FELS to resume work under the order Keppel had suspended in December 2020.As reported back in December, Keppel had sent a notice to MHWirth to suspend work under the order for a drilling rig package signed in 2019…
Offshore engineering solutions provider Aquaterra Energy said Monday it had won a multi-million-dollar riser contract in the Asia Pacific region.Aquaterra said the contract was with a marine vessel owner and operator, for deeper water well intervention projects mainly in the Asia Pacific region…
Norwegian owner Offshore Heavy Transports (OHT) said its newbuild vessel Alfa Lift has been floated-out from its drydock at China Merchants Heavy Industry (CMHI) shipyard in Jiangsu, China. The semisubmersible heavy installation vessel, which…
The world’s first 100,000-ton deepwater semi-submersible production and storage platform, which is built to ABS Class, has been launched in China.China National Offshore Oil Corporation (CNOOC) will now begin installation and commissioning on the China-built platform - named “Deep Sea No…
Singapore-based offshore drilling rig builder Keppel has sent a notice to MHWirth to suspend work under the order for a drilling rig package signed in 2019.The order was for MHWirth to deliver the drilling equipment package project for the second…
The well intervention market is a niche one, with only a few main players – including Helix/Well Ops, Island Offshore, AKOFS Offshore and Siem Offshore – and only three key geographical regions; Northwest Europe, South America and the US Gulf of Mexico…
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