AP Moller-Maersk subsidiary Maersk Olie og Gas (Maersk Oil) will take a US$1.7 billion impairment on its Brazilian assets, it announced 9 July. The Danish company specifically cited disappointing appraisals as one of the reasons it has “revised…
Ulstein provides this video on the development of Island Offshore's latest vessel the Island Performer. The newbuild is a flexible, riserless light weight intervention (RLWI), and inspection, maintanence and repair (IMR) vessel built by the Ulstein Verft shipyard…
The Ulstein Verft shipyard announced that the newly built Island Performer was delivered today to ship owner, Island Offshore. The flexible, state-of-the-art RLWI/IMR vessel will serve its first five years for FTO in the Gulf of Mexico. “The…
Technip announced it has been awarded a new framework agreement by Statoil, Exxon Mobil and Gassco for diving, subsea intervention and repair contingency services. Under the terms of this framework agreement, a replacement of an existing frame agreement held for eight years…
About two-and-a-half years after construction began, Japan’s Inpex Corp. launched the hull of its Ichthys FPSO from the dry dock of the Daewoo Shipbuilding and Marine Engineering yard in Okpo, South Korea, the Japanese operator announced today…
Kobe Steel, Ltd. announced that its subsidiary company, Kobelco Machinery do Brasil Servicos Empresariais Ltda., has begun full-scale marketing of nonstandard compressors. Based in Sao Paulo, Kobelco Machinery do Brasil (KMB) is Kobe Steel's first location established in Brazil…
SCF Group (Sovcomflot) and Sakhalin Energy Investment Co. Ltd. (Sakhalin Energy) have signed a contract for the construction and long-term operation of three multifunctional icebreaking standby vessels to serve the Sakhalin-2 offshore energy platforms…
Houston based oil, gas and water treatment specialist, ProSep has launched a new manufacturing service for third party clients at its purpose-built fabrication facility on Clara Road. ProSep has the capability to construct large structural fabrications…
Fugro took delivery of the newbuild Fugro Proteus from Damen Shipyards, the first of three Fugro offshore coastal survey vessels (FOCSV) scheduled for delivery in 2014, both companies announced on 4 July 2014. The compact survey vessel is capable of undertaking a wide range of survey…
The American Bureau of Shipping (ABS), a provider of classification services to the global offshore industry, has entered into a joint development project (JDP) with South Korea’ s Daewoo Shipbuilding & Marine Engineering (DSME) to develop the industry’ s first LNG-fueled drillship…
Stanford Marine announced that its news anchor handling tug, the Stanford Mustang, has been delivered. The Stanford Mustang, a 50m DP2 tug, was specially designed to handle a specific charter in Qatar and was built at Fujian Mawei shipyard in Fuzhou…
Royal Boskalis Westminster NV and SAAM SA have created a joint harbor towage operation in Brazil, Mexico, Canada and Panama. The intended partnership, which is between SMIT, a wholly owned subsidiary of Boskalis, and SAAM, a wholly owned subsidiary of Sociedad Matriz SAAM SA…
Solstad Offshore has taken delivery of the US$250 million Normand Vision (pictured) subsea vessel from Norway's Vard Group, part of the Fincantieri Group, at Søviknes. The vessel has now started an eight-year charter with Norway based Ocean Installer…
Wärtsilä will supply generating sets for two new well intervention vessels for Norway's Siem Offshore, the company announced on 30 June. The contract's scope calls for the supply of eight 6-cylinder in-line Wärtsilä 32 generating sets…
Polarcus Amani has mobilized for a 4400sq km RIGHTBAND 3D multi-client survey in the Southern Porcupine basin, offshore Ireland. The multi-client project, being acquired in collaboration with ION GeoVentures and GeoPartners, will be the largest…
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