Offshore

This page features Offshore news, offshore drilling companies, offshore work and other components pertaining to the maritime offshore industry.

Offshore

ocean yield

September 19, 2018

Reliance Industries has not exercised its option to purchase Ocean Yield’s FPSO Dhirubhai-1 and the unit has now ceased production from the MA field located...
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BSM

September 19, 2018

Bernhard Schulte Shipmanagement (BSM) has set up a new business unit to focus on the oil and gas and offshore energy renewable markets. (more…)
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BW-Offshore

September 19, 2018

BW Offshore announced that first oil from the BW Adolo FPSO was safely achieved on 16 September 2018, 18 months after the initial investment was...
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Sapura

September 14, 2018

Sapura Energy has signed an agreement to sell a 50% stake in its wholly owned subsidiary, Sapura Upstream, to Austria’s OMV Aktiengesellschaft. (more…)
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seadrill

September 13, 2018

Offshore rig owner Seadrill is prepared to make acquisitions if opportunities arise amid ongoing consolidation in the industry, the company’s chief executive told Reuters. (more…)
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Yard no: 801 by: VARD Søviknes

September 10, 2018

Vard announced it has signed a Sales and Purchase Agreement (“SPA”) for the sale of its diving support and construction vessel previously contracted by Harkand...
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Pacific-Drilling

September 7, 2018

Pacific Drilling announced that a special purpose wholly owned subsidiary of the Company intends to offer $700 million aggregate principal amount of senior secured first...
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Ocean Rig

September 4, 2018

Transocean Ltd., the world’s largest offshore drilling company, agreed to buy a smaller rival in a $2.9 billion deal, with rates for deepwater rigs forecast...
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Harvey-Liberty

August 30, 2018

Harvey Gulf International Marine confirmed that it is going global with the reflagging of both Offshore Supply and Fast Supply Vessels to facilitate work in...
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maersk_drilling

August 30, 2018

Drilling rig contractor Maersk Drilling will provide strong competition for its peers when it is spun off from the A.P. Moller-Maersk conglomerate next year, its...
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Crowley_Heerema

August 21, 2018

Crowley Maritime Corp.’s offshore services group has successfully and safely delivered Shell’s Appomattox semi-submersible Floating Production System (FPS) to the open waters of the U.S....
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subsea7

August 20, 2018

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announced the award of a substantial offshore Conventional contract. (more…)
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Maersk Guardian

August 17, 2018

A.P. Moller-Maersk A/S is planning to spin off its drilling unit instead of pursuing a sale as the Danish conglomerate shifts focus to its transport...
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GulfMark

August 7, 2018

GulfMark confirmed that it has received a non-binding, unsolicited proposal from HGIM Corp. ("Harvey Gulf") to combine the companies through a merger in which GulfMark...
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Bumi-Armada

August 6, 2018

Bumi Armada reported that its wholly owned subsidiary, Armada TGT Ltd has signed a contract extension of Bare Boat Charter with Hoang Long Joint Operating...
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