Offshore vessel owner Tidewater on Tuesday announced the appointment of Melissa Cougle to its Board of Directors, effective immediately. Cougle most recently served as Senior Vice President and Chief Financial Officer of Frank’s International until November 2021…
Subsea installation specialist Subsea 7 said Friday it had won a 'sizeable' contract with Aker BP for the Hanz field development located in the North Sea, offshore Norway. Subsea 7 defines a sizeable contract as being between $50 million and $150 million…
Passive well integrity monitoring firm Sentinel Subsea has secured an investment from Alba Equity and Scottish Enterprise as it continues to develop its technology for the monitoring of subsea wells.Founded in 2018, Sentinel Subsea has developed WellSentinel…
Subsea 7 has confirmed the award of a major contract by Turkish Petroleum for the Sakarya field development offshore Turkey in the Black Sea. Subsea 7 defines a major contract as being one where Subsea 7’s share of revenue is over USD 750 million…
U.S. based offshore support vessel owner Tidewater plans to start an offering of USD denominated 5-year senior secured bonds, subject to market and other conditions. 'The Company intends to use the net proceeds from the bond issue towards refinancing…
Schlumberger's OneSubsea, a subsea production systems provider, has awarded 'a sizable' contract to offshore installation company Subsea 7, related to Shell's recently sanctioned Ormen Lange subsea compression project in Norway.The Ormen Lange subsea compression project…
Subsea equipment and installation firm Subsea 7 said Wednesday it had secured a sizeable contract in the Middle East. Subsea 7 defines a sizeable contract as being between USD 50 million and USD 150 million.The scope of work, for an unnamed client…
Norwegian oil and gas company Aker BP has awarded subsea contracts for the Kobra East & Gekko (KEG) development in Norway to Subsea 7 and Aker Solutions.The contact comes days after Aker BP as the operator filed a plan for development and operation for the North Sea project…
U.S. offshore support vessel company Tidewater has announced the promotion of two key members of the company’s executive team, Sam R. Rubio and David E. Darling, to the positions of Chief Financial Officer and Chief Operating Officer, respectively…
Offshore installation contractor Subsea 7 said Friday it had won a sizeable contract, which means it is valued between $50 million and $150 million.In a brief update in which it did not reveal many details, Subsea 7 said the scope of work includes engineering…
Satellite communications company Inmarsat said it has secured a fleet-wide agreement with Tidewater to upgrade the majority of the offshore support vessel (OSV) owner's active fleet to Fleet Xpress, complete with advanced vessel technology efficiencies…
Germany-based marine data and equipment firm Subsea Europe Services and marine robotics and autonomous systems Cyprus Subsea Consulting and Services, based in Cyprus, have entered strategic cooperation.The cooperation will see the two companies…
With increased time in layup and outdated tonnage, surely after all that has occurred in 2020 it’s about time for the offshore support vessel (OSV) sector to address the long standing elephant in the room. This article will focus on platform…
Norwegian oil and gas firm Vår Energi has chartered two offshore support vessels, which the company says will help it reduce environmental footprint.One is the Olympic Energy platform supply vessel, owned by Olympic Shipping, the other is Tidewater's 2012-built Troms Sirius platform supply vessel…
Offshore support vessel (OSV) owner Tidewater Inc. announced Wednesday the appointment of Darron M. Anderson to its Board of Directors, effective immediately.Anderson has served as President and Chief Executive Officer and as a member of the…
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