Offshore

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...

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

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...

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

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…)

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...

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...

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...

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....

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