Offshore

Offshore

Oil_Rigs

November 16, 2015

Pareto Securities AS is among banks targeting debt funds and private-equity firms to buy oil rigs at firesale prices to hold until demand for offshore-drilling...
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Greece-Ocean-Rig

October 21, 2015

Moody’s Investors Service, (Moody’s) downgraded Ocean Rig UDW Inc.’s (Ocean Rig) Corporate Family Rating (CFR) to Caa1 from B2, and Probability of Default Rating (PDR)...
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havila_7

October 21, 2015

Offshore vessel operator Havila Shipping was in the red in the third quarter, reporting a loss after tax of NOK72.3m ($8.87m) compared to NOK72.2m profit...
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Siem-Amethyst

October 21, 2015

Siem Offshore Inc. has been awarded a charter contract for the Anchor Handling Tug Supply Vessel (AHTS) Siem Amethyst with Woodside Energy. (more…)
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Lewek_Emerald

October 21, 2015

Offshore services firms in the Asian oil hub of Singapore are turning to higher-cost alternative funding avenues to offset a shortfall in bank-led financing, straining...
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arcticdrilling

October 19, 2015

The U.S. Interior Department cancelled the two remaining Arctic oil and gas lease sales scheduled to occur under its current program, effectively halting drilling off...
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DeepOcean

October 16, 2015

DeepOcean has been awarded a contract by Dong Energy for installation and trenching works for the Walney Extension offshore wind project in the Irish Sea....
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Ocean Rig Athena

October 14, 2015

Oil and gas exploration company FAR Limited and its partners have contracted the Ocean Rig Athena (UDW drillship) for an upcoming exploration drilling program at...
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Subsea 7

October 14, 2015

Subsea 7 has announced the award of a contract from Pharaonic Petroleum Company SAE for the development of the East Nile Delta Phase 3 Project...
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Vroon

October 14, 2015

Vroon Offshore Services has decided to pull 12 offshore-support vessels out of operation, saying the move is a “direct result of the ongoing slump in...
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DeepOcean

October 13, 2015

DeepOcean has been awarded a contract for the provision of post-lay trenching and survey works in Australia. (more…)
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Ocean Rig

October 8, 2015

Ocean Rig, a global provider of offshore deepwater drilling services, announced today the following fleet update: (more…)
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