
Indonesian ship owners are hoping to see a massive increase in revenue from the oil and gas sector this year ahead of new restrictions on the use of foreign vessels.

Indonesian ship owners are hoping to see a massive increase in revenue from the oil and gas sector this year ahead of new restrictions on the use of foreign vessels.

Farstad Shipping in Norway has taken delivery of the anchor handling supply tug, Far Shogun. The UT731CD vessel, was delivered to the Farstad Supply on 28 January by STX Norway Offshore AS, Langsten. Read the rest of this entry

Business for niche ship yards catering to the off shore oil & gas industry remains brisk despite the global downturn.

Nelson offshore support services company Unimar has made a large investment in its future with the lease of a new ship. Read the rest of this entry

The Norwegian Government has awarded two new offshore exploration licenses in the North Sea and Norwegian Sea.

Subsea 7 has announced the successful completion of the Girassol Pipeline Repair Project for Total E&P Angola.

French engineering contractor Technip and UK-based offshore specialist Subsea 7 have been tapped to help replace Woodside’s Cossack Pioneer floating production, storage and offloading vessel on Australia’s North West Shelf. Read the rest of this entry

FMC Technologies has announced the signing of a big money subsea service contract with Petrobras.

Ensco International has taken delivery of ‘ENSCO 8502’, the third of the company’s seven ultra-deepwater semi-submersible rigs on January 19.

Topaz Energy and Marine, through its subsidiary Nico International Hydrospace, has reported completion of the Vopak Horizon Fujairah Limited Phase 5 – Marine Extension Project.