Danish offshore vessels owner ESVAGT will cut executive and staff pay, and delay investments in response to the low oil prices and the COVID-19 pandemic.Peter Lytzen, the CEO of the company that provides emergency response and rescue vessels (ERRV) and service operation vessels (SOV)…
Norwegian marine seismic acquisition company PGS has begun a new multi-azimuth marine seismic survey in the North Sea, offshore Norway. The industry-funded survey- conducted by seismic vessel Ramform Vanguard - extends the GeoStreamer X area within the Viking Graben by 1160 sq…
Kongsberg Maritime reported that its K-CAT (KONGSBERG Competence Assessment Tool) is receiving positive reports from the global oil & gas fleet supplier Siem Offshore, consolidating a deal between the two companies worth in the region of $68…
Germany's United Wind Logistics has taken delivery the MV BoldWind deck carrier which will be used to transport turbines for offshore wind farms.MV BoldWind, delivered by Jiangsu Zhenjiang shipyard in China, will start her maiden voyage towards Europe…
U.S. based offshore vessel owner Harvey Gulf International Marine announced Monday it has signed two 18-month contract extensions for two of its liquefied natural gas (LNG) powered platform supply vessels (PSV), Harvey Liberty and Harvey Freedom…
Van Oord’s heavy lift vessel Svanen has arrived at the Danish Kriegers Flak Offshore Wind field in the Baltic Sea off Denmark, where it will install foundations for wind turbines.The Dutch offshore contractor entered into an agreement with Vattenfall…
Norwegian oil and gas company Equinor has extended the contract for Island Offshore's Island Clipper platform supply vessel.Equinor and Island Offshore had in 2018 signed a three-year contract /with options to extend) for the use of the vessel both as a PSV and a walk to work vessel…
Shanghai-based SWS shipyard has delivered two newbuild platform supply vessels to Sinoocean.The vessels the 'Guo Hai Min Xing' and the 'Guo Hai Min Sheng' - both of the ULSTEIN PX121 design - are operating for COSL – China Oilfield Services Limited…
Gulf Marine Services, a jack-up service vessel provider, has secured a renewable energy contract with an unnamed UK offshore renewables operator, and an extension of another contract.GMS said the newly won contract was for six months (firm period…
Norwegian offshore vessel owner Solstad Offshore has said it has won contracts for two of its vessels.First, the company's Brazilian flagged construction support vessel Far Saga has been awarded a contract with Petrobras in Brazil.The contract is for a period of 3 years firm…
In last month’s column, I focused on how the Covid-19 situation had affected various offshore operating regions around the globe. In this article, we shall focus on Europe, with attention paid to Norway and Solstad Offshore’s recently announced financial restructuring…
Schlumberger's seismic division WesternGeco has completed an ocean bottom nodes (OBN) multiclient survey in the North West El Amal block, offshore Egypt, delivering promising results for further analysis, Neptune Energy, which prefunded the project…
A cruise ship has arrived in Russia's northwesterly Murmansk region to accommodate healthy staff from a construction site run by the gas company Novatek, one of Russia's coronavirus hotspots, a local crisis center said.Novatek, one of the world's top liquefied natural gas (LNG) companies…
Offshore vessel operator DOF Subsea has received a notice of early termination of a two-year charter contract for its vessel Skandi Acergy.The notice period is 60 days, and the termination of the charter contract for the construction / flex-lay vessel will be effective on 1 July 2020…
Danish offshore vessel owner Maersk Supply Service will let go 55 people in an effort to cut its onshore costs.The company said Wednesday that, in response to the negative development in the oil and gas industry, Maersk Supply Service today…
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