Odfjell announces contract with Aker BP
On August 10, Odfjell Drilling signed a contract with Aker BP ASA for Deepsea Stavanger (6th generation semi-submersible) for a period of approximately 9 months with commencement in February 2018 and completion around October 2018. The contrac...
Bumi Armada clinches additional EPCI deal
It turned out that Bumi Armada Berhad’s (“Bumi Armada” or “The Group”) wholly owned subsidiary Bumi Armada Caspian LLC (“BAC”) has signed a supplementary agreement with LUKOIL-Nizhnevolzhskneft LLC (“LUKOIL”) (“Supplementary A...
Norsafe nets its largest ever offshore LSA deal
Norsafe has secured its largest ever offshore contract to supply lifesaving appliances to ENI’s Coral South floating LNG (FLNG) facility located in Area 4, approximately 50 km from the Mozambique coast. The order is to deliver 8 freefa...
Topaz awarded 'Dragon Oil' deal
On August 8, Topaz Energy and Marine (“Topaz”), a leading offshore support vessel (“OSV”) company, announced a new $100 million contract with Dragon Oil, the upstream oil and gas subsidiary of Emirates National Oil Company (ENOC) whose pr...
"OSV market faces biggest crisis this year"
While a dip in international oil price still continues, sitting at a $50 per barrel level recently, it is expected that 2017 will be the toughest year for offshore support vessel (OSV) operators. Over the last two years, according to Ali...
Husky orders offshore platform for oil field development
Husky Energy, one of Canada’s largest integrated energy companies recently ordered a concrete gravity structure (CGS) for a fixed drilling platform which will be deployed for its ‘Whilte Rose’ offshore oil field development project. ...
Korean Big3's offshore plant deliveries improved
On the strength of the improvement of global oil majors' performances in the second quarter, along with a rally in the operation rate of offshore drilling facilities, there are hopes that Korean shipbuilders can be released from the curse of 'off...
Offshore plant localization seminar
Busan Metropolitan City of Korea will host a 'Strategic Seminar for Localization of Offshore Plants'. The city announced on August 14 that it will hold a briefing session on localization of offshore plants for over 100 people from offshore pla...
Rally in FID on offshore energy projects
Final investment decisions (FIDs) on the world's offshore energy development projects have been somewhat actively made this year. However, it is expected that the upturn will not last long. According to Clarkson Research, the numb...
SWS to build hull for SBM’s new FPSO
Netherlands-based SBM Offshore recently announced that it selected China Shipbuilding Trading Company (CSTC) and Shanghai Waigaoqiao Shipbuilding (SWS) to build a hull for ‘Fast4Ward’, a newly designed FPSO in last June. The multi pu...
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