July 11, 2019
A potential cyclone could become Hurricane Barry before slamming into Louisiana by Saturday, putting at risk oil and natural gas production in the U.S. Gulf...
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Offshore
July 1, 2019
On June 27 Seaspan Shipyards (Seaspan) and the Government of Canada celebrated the official handover of the first Offshore Fisheries Science Vessel (OFSV), the CCGS...
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June 24, 2019
In October 2018, certain subsidiaries of Teekay Offshore Partners L.P. entered into an agreement with Alpha Petroleum Resources Limited (Alpha Petroleum) to use Teekay Offshore’s...
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June 21, 2019
ABS has been selected to class two Offshore Supply Vessels (OSV) being retrofitted with a battery/converter system by Harvey Gulf International Marine. (more…)
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June 20, 2019
Following the submission of financial restructuring proposals subject to conditions precedent, the Board of Directors of BOURBON Corporation reviewed the two proposals which are considered...
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May 31, 2019
Teekay Offshore announced that the Conflicts Committee of the Board of Directors of Teekay Offshore GP LLC has formally appointed Potter Anderson & Corroon LLP...
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May 28, 2019
Seadrill Ltd. plunged to the lowest since it emerged from bankruptcy less than year ago after Carnegie Investment Bank AB recommended selling the shares and...
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May 24, 2019
Dutch firm Heerema Marine Contractors and Singapore’s Sembcorp Marine, on Thursday, showed off the world’s largest crane vessel that can be used for the setup...
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May 21, 2019
Teekay Offshore announced that it has received an unsolicited non-binding proposal from Brookfield Business Partners L.P. and certain of its affiliates and institutional partners (collectively,...
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May 13, 2019
Keppel Offshore & Marine Ltd's (Keppel O&M) wholly-owned subsidiary Keppel FELS Ltd (Keppel FELS) has secured a contract from Ørsted, a Danish renewable energy company,...
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May 7, 2019
Bumi Armada has secured a contract from India’s Oil and Natural Gas Corporation Ltd (ONGC) to provide a floating production, storage and offloading (FPSO) vessel....
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May 3, 2019
Teekay Offshore announced that it has secured a new $100 million revolving credit facility for the Piranema Spirit, Voyageur Spirit, and Petrojarl Varg FPSO units....
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April 29, 2019
The 2019 Annual General Meeting ("AGM") of Polarcus held on 29 April 2019 elected Mr. Monish Sahni as a new board member with a term...
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April 11, 2019
The operator of the Mariner heavy oil field, one of Britain’s largest offshore developments in years, postponed its start-up to summer 2019 on Wednesday for...
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April 8, 2019
Norway should set a deadline for its oil industry to become completely emissions-free, the leader of the country’s biggest opposition party said. (more…)
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