PGS has completed its fleet expansion with the naming of its latest newbuild, the Ramform Hyperion, at Mitsubishi Heavy Industries Shipbuilding yard in Nagasaki, Japan today (22 March). The first vessel of the Ramform Titan-class came in 2013 with the delivery of Ramform Titan…
Mermaid Maritime is at the chopping block again with China Merchants Industry, as the Thai company axes an additional two newbuild contracts with the shipbuilder. Illustration of the MTR-3 rig…
Italy's Fincantieri has offered to buy out all the shares in shipbuilder Vard. Shipbuilding group Fincantieri, which is listed in Italy and is currently the majority shareholder in Vard, with 55.63% of shares, is offering S$0.24 a share in cash for Vard…
Solstad Offshore has taken delivery of the Normand Maximus and started it on its eight-year charter contract with Italy's Saipem. The Normand Maximus was developed in close collaboration between Solstad, Saipem and shipbuilder Vard…
Singaporean shipbuilder Sembcorp Marine is set to acquire 100% equity stake in Norway-headquartered LMG Marin for US$20 million. LMG is a naval architecture as well as ship design and engineering house with offices in Poland and France…
Saudi Arabia has taken two steps towards boosting its in-country rig building and high-end manufacturing capabilities in the sector. Saudi Aramco, the Kingdom's oil super-major, Abu Dhabi-based engineering and rig building firm Lamprell…
Model testing of Norwegian ship designer Sevan Marine's cylindrical hull concept for use in the Gulf of Mexico's ultra deepwaters has shown positive results, the firm has reported. The hull design has been tested at the Offshore Technology…
After equipping over 20 purpose supply vessels (PSV)/multipurpose supply vessels (MPSV), GE has been chosen by Hornbeck Offshore Services’ (HOS) to equip two next generation of US flagged, Jones Act-qualified MPSVs, to be constructed at Eastern Shipbuilding…
Frigstad Kristiansand, the second ultra-deepwater semisubmersible drilling rig build by CIMC Raffles for Frigstad, completed mating in Yantai Shipyard, China, yesterday. As one of the deepest operating and drilling semisubmersible rigs…
Power and automation firm ABB is to provide software for three newbuild deepwater subsea construction vessels being built by new company Ultra Deep Solutions. Ultra Deep Solutions was set up in 2014, by industry veteran Sheldon Hutton…
Triyards inked a string of contracts worth US$45.5 million. One of the newly minted contracts will see the group construct its scientific research vessel for new client Taiwan Ocean Research Institute, National Applied Research Laboratories (TORI)…
Work on a new ice-breaker which will work for Sovcomflot in the Sakhalin-2 project has started at the Arctech Helsinki shipyard with a festive keel laying. The vessel is the first of four icebreaking sister ships Sovcomflot has ordered…
Transocean has chosen to delay the operating and delivery contracts for two newbuild ultra-deepwater drillships by 12 months, the company announced on 26 October. Transcocean, working with its customer, Shell, and the shipyard, Daewoo…
Japan's INPEX has launched the central processing facility (CPF) for its US$34 billion Ichthys LNG Project offshore Australia. The CPF, billed as the world's largest semisubmersible by INPEX, was launched from Samsung Heavy Industries' offshore floating dock in Geoje…
Technip has won the contract to provide detailed engineering and procurement services for the topsides of what will become a floating production and offloading (FPSO) for Brazil's multi-billion barrel pre-salt Libra field. The FPSO, which will be a conversion from a shuttle tanker…
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