Hercules Offshore has sold a jackup drilling unit in a US$3.16 million deal with an undisclosed buyer. The Hercules 267, image from Hercules Offshore. The deal, through the company’s subsidiary Hercules International Drilling…
Premier Oil's Catcher floating production project in the UK North Sea is on schedule to deliver first oil in 2H next year. The UK-based independent says further cost savings have been secured against the project estimates. Premier now forecasts capex to first oil of US$1…
GC Rieber Shipping has agreed a time charter agreement with Senvion for the construction support vessel (CSV) Polar Queen for use on offshore wind farms. The contract is for a fixed period of seven months with options to extend by up to three months…
Searcher Seismic has commenced the acquisition of the Buscador Near-Shore 2D seismic survey, offshore Mexico, using the BGP Pioneer vessel. Map of the Buscador Near-Shore 2D Seismic Survey, from Searcher Seismic…
EM&I has been awarded a contract from an international floating production and storage offloading (FPSO) operator for diverless UWILD inspections on an FPSO due to be deployed in Angola. The FPSO will be deployed at Block 15/06 East Hub field development…
Forum Energy Technologies (FET) had entered into a contract with New Orient Marine to supply three remotely operated vehicles (ROVs) for New Orient Marine's multi-purpose ice-class vessel currently under construction in Singapore. Perry XYX 200 ROV…
SapuraKencana Petroleum subsidiaries, Sapura Energy Ventures and Kencana Energy, along with their partner, Petrofac Energy Developments, have reached an agreement with Petronas to cease the Berantai risk service contract (RSC). The Berantai…
Norway’s Petroleum Safety Authority (PSA) is retracting an order handed to COSL Drilling Europe in April regarding a fatal accident onboard the COSL Innovator on 30 December 2015, after discovering new information and finding that no deviations were found in the design of the rig…
Royal Boskalis Westminster has made a drastic decision to cut about 650 jobs worldwide, and take more than two dozen vessels out of service in the next two years as a result of the prolonged, weakened market. Image from Boskalis…
CNR International has has exercised an option to extend the fixed term of the lease contract for floating production, storage and offloading (FPSO) vessel Espoir Ivoirien from 2017 to 2022. The vessel produces oil from the Espoir field since 2002…
Ocean Yield completed the modification of the Aker Wayfarer multipurpose offshore construction vessel at Kleven Myklebust yesterday (6 July). The vessel is on long-term charter until 2027 and will receive an additional charter rate reflecting the modification investment as from 6 July 2016…
GC Rieber Shipping has secured a time charter agreement with Technip Angola for the SURF vessel Polar Onyx. The vessel will conduct SURF and construction duties in Angola. The charter commences prompt and lasts for up to two months. The…
Keppel Offshore & Marine’s (Keppel O&M) wholly owned subsidiary Keppel Shipyard has secured four contracts worth a total of nearly US$90 million (S$120 million) in Europe and Western Australia. Image from Keppel…
Tullow Oil Norge failed to find any hydrocarbons at the Rome prospect in the Central North Sea, and will now plug and abandon exploration well 16/5-6 in production licence PL776. The well was drilled to a total vertical depth of 2319m…
National Oilwell Varco (NOV) and GE Oil & Gas entered into an agreement to collaborate on delivering integrated solutions for floating production storage and offloading (FPSO) vessels. Image from GE…
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