Tidewater Subsea News

 

Harvey Gulf Scouting Merger Opportunities

Jun 16, 2019

In both 2018 and the start of 2019, Harvey Gulf made no secret that they were exploring possible merger and acquisition opportunities. Their first major play was a merger proposal with fellow US owner GulfMark, who at the time was in discussions to merge with US OSV behemoth Tidewater…

Subsea 7 Wins Three Woodside Contracts

Mar 06, 2019

Australia's Woodside Petroleum in recent months has awarded several oil and gas engineering contracts to Subsea 7 for two projects offshore Australia and one off Senegal, the offshore services company said on Wednesday.The three contracts awarded…

Tidewater & GulfMark Consolidation Creates Largest OSV Fleet

Nov 16, 2018

VesselsValue's Head of Offshore Charlie Hockless weighs in on the merger between Tidewater and GulfMark.'The consolidation between GulfMark and Tidewater is a positive for the market. With Tidewater’s steadfast and unyielding attitude towards the scrapping of non-performing vessels…

Cautious Consolidation for OSV Companies Brings Market Change

Oct 30, 2018

Will a rising tide in the offshore oil markets float all the boats? In the U.S. Gulf of Mexico, that remains to be seen.Offshore services, exploration and production are on a roll. In early October, yet another business combination of big drillers was announced…

Tidewater, Gulfmark Announce Filing of Definitive Proxy Statement

Oct 17, 2018

Parties say transaction could close on or about November 15, 2018.Offshore services providers Tidewater and GulfMark Offshore announced today the filing of the joint definitive proxy statement and prospectus with the U.S. Securities and Exchange…

Subsea 7, OneSubsea Bag Gulf of Mexico Contract

Oct 03, 2018

Offshore oil services firm Subsea 7 has announced the award of a sizeable contract by Fieldwood Energy to Subsea Integration Alliance, a global partnership between Subsea 7 and OneSubsea, a Schlumberger company.The award is for the deepwater…

Horizon Maritime Adds Tidewater OSV to Its Fleet

Sep 18, 2018

As momentum continues to slowly ramp up in the offshore sector, Horizon Maritime said it has grown its fleet with the addition of another multifunctional offshore support vessels (OSV) from Houston-based Tidewater Marine.The new vessel, Tidewater Enabler…

Tidewater and GulfMark Announce Merger

Jul 16, 2018

Tidewater Inc. and GulfMark Offshore, Inc. announced Monday that the boards of directors of both companies have unanimously approved a definitive agreement to combine the two companies, creating the industry’s largest owner of offshore support…

ROVOP adds 24 ROVs to its fleet

Dec 21, 2017

UK-based remote operated vehicle operator ROVOP has increased its ROV fleet by 50% following aUS$74.93 (£56 million) funding boost.  Blue Water Energy and BGF have jointly committed to the funding, which allowed ROVOP to buy an additional 24 ROVs…

BP, Sirius in Ororo offtake talks

Jun 12, 2017

Sirius Petroleum has confirmed that the company is in talks with supermajor BP regarding an offtake and pre-payment facility to support Sirius in its financing for the proposed drilling program on the Ororo field, offshore Nigeria.  The COSL Power…

Sirius inks Ororo OSV deal

Apr 13, 2017

Sirius Petroleum signed an agreement with Tidewater Marine International for the provision of offshore service vessels (OSV) for a multi-well campaign in Nigeria. The deal is between Sirius and Tidewater Marine’s support company T1 Marine Services…

Optime Subsea Services merges with Telemark Technologies

Oct 11, 2016

Optime Subsea Services, subsea technology company, will merge with engineering house Telemark Technologies to fast-track its subsea installation solution.   Telemark Technologies is a supplier of pressurized vessel systems for testing operations of subsea…

Going global

Mar 01, 2016

2015 was a transformative year for NCE Subsea, gaining GCE Subsea status. Now the world-class subsea cluster has a rock solid base to build on and grow out from. GCE Subsea overview. Image from GCE Subsea…

Sonardyne acoustics for Brandon Bordelon

Jan 26, 2016

Louisiana-based Bordelon Marine is using acoustically-aided inertial navigation technology from Sonardyne for its new ultra-light intervention vessel (ULIV), Brandon Bordelon. The dual Ranger 2 Pro DP-INS systems, the highest specification available…

Tidewater Subsea charters Brandon Bordelon

Jan 18, 2016

Tidewater Subsea and Bordelon Marine have agreed to the charter of the Jones Act compliant MV Brandon Bordelon for 60 days plus options. In addition, Tidewater Subsea is mobilizing two FMC Technologies Schilling 150-HP remotely operated vehicles (ROVs) to the vessel…

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