Miclyn Express Offshore announced the purchase of three new Offshore Support Vessels. A Seismic Support Vessel has been purchased against a 3 year firm contract in Indonesia commencing in August 2011 and including 5 x 1 year extension options. Two newly built Multi Purpose Offshore Terminal Tugs wil
DOF Subsea Asia Pacific, a subsidiary of DOF ASA has secured multiple contracts awards in Asia and Australia over the last couple of weeks with a total contract value of about USD 47 million. The new build DSV Skandi Singapore and the CSV Skandi Hercules will be employed under these contracts. Steve
Roc Oil Company, a wholly owned subsidiary of ROC, has agreed to farm down its interest in Block H, offshore Equatorial Guinea, to White Rose Energy Ventures Limited, a portfolio company of First Reserve Corporation, from 37.5% to 20.0% for a free carry through the drilling of an exploration well. R
Petrobras has put semi-submersible platform P-56 into operation in the Campos Basin’s Marlim Sul field, (state of Rio de Janeiro). The unit went into production from well 7-MLS-163HPRJS, which can produce up to 16,000 barrels per day. Installed at a water depth of 1,670 meters, the new platform was
Mr. Kai Solberg-Hansen has decided to resign as Chief Financial Officer (CFO) from SeaBird. In agreement with the Board of Directors and the Chief Executive Officer, the resignation takes effect from today. Mr Erik Hansen has been appointed the new CFO and will replace Mr Solberg-Hansen with immedia
DOF Subsea announces that it has been awarded, in joint venture with Technip, its second flexible pipelay contract by Petrobras. The second ever pipelay vessel built in Brazil, Skandi Niterói has been awarded a four and half year charter and service contract. The vessel will be used for flexible pip
Coastal Energy Company, an independent exploration and production company with assets in Thailand, announces the financial results for the three and six months ended June 30, 2011. The functional and reporting currency of the Company is the United States dollar. Second Quarter 2011 Highlights: Total
Upon expiry of Bourbon Eko’s current contract, ConocoPhillips has awarded Bourbon Offshore Norway a new contract, at market levels for medium PSV with Rescue, until end Sept. 2012 + options. The end of this new contract is in line with the delivery of several new builds to the same Charterer. Bourbo
BMT Scientific Marine Services (BMT), a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has been contracted by Petrobras America Inc., a subsidiary of Petrobras, to provide support maintenance and repair for the Cascade and Chinook
Danish shipping and oil group A.P. Møller – Mærsk today announced results for for the first half of 2011. Revenue for the period increased by 9% to USD 29.9bn (USD 27.4bn), primarily due to higher oil prices and container volumes. Profit for the period was 8% higher at USD 2.7bn (USD 2.5bn), positiv
In February 2010 Seajacks entered into a contract with GustoMSC to provide the Basic Design Package for two purpose built wind farm installation vessels. In June 2010 Seajacks entered into a contract with Lamprell shipyard to build these new vessels and Seajacks will take delivery of the first new-b
CGGVeritas has appointed Tim Brooks as Vice President of Operations, North America for the Land Division. Mr. Brooks joined CGGVeritas on August 1, 2011 and will assume responsibility for the Land acquisition organization in North America. He will be based in Houston, Texas. With more than 25 years
The Directors of Mermaid Marine Australia Ltd announced another year of strong earnings growth. Net Profit after Tax (NPAT) for the year increased by 37% to $43.2 million and Earnings per Share (EPS) increased by 24% to 21.1c per share . The Directors also announced a final dividend of 5c per share
Malaysia Marine and Heavy Engineering Holdings Berhad has been awarded by MISC Berhad two contracts amounting to RM952 million (approx USD 319.1 million) for topsides fabrication, marine repair and conversion of two energy vessels. The first is an EPCC (Engineering, Procurement, Construction & Commi
