Offshore News

Defence's $55 million spend on Finnish military boats angers Morrison Government

Australian defence companies were overlooked for a $55 million military boat contract at the same time the Federal Government was spruiking a similar local product.Key points:A Finnish company supply 41 inflatable boats for Australia's offshore patrol vesselsThe $55 million contract has annoyed senior figures within the Federal GovernmentDefence defends the contract as delivering the best design…

Excellent first day of racing on Charleston harbor

12-15 April 2018J/24 skipper Tony Parker called it "champagne conditions" and it would be hard to argue with that assessment. Mother Nature delivered in a big way on the first day of Sperry Charleston Race Week with action getting underway in strong winds, sunny skies and warm temperatures. Ten of the 11 classes competing…

Jifmar buys Delta Marine | 4C Offshore News

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Jifmar Offshore Services acquires Delta Marine

12/11/2019AIX-EN-PROVENCE, FRANCE Jifmar Offshore Services is continuing its expansion in Scotland with acquisition of the Shetland-based Delta Marine Ltd, one year after taking over North West Marine.Through this acquisition, Jifmar will operate a fleet of nearly 40 vessels worldwide. It will also reinforce its position in servicing the renewables sector, where Delta Marine is strongly active.

IBM, Schlumberger Team Up to Speed Up Digital

Word's largest oilfield services company Schlumberger has this week entered a major tech collaboration agreement with the global technology giant IBM and its subsidiary Red Hat. The aim of the initiative is to accelerate digital transformation across the oil and gas industry, by increasing global access to Schlumberger’s…

Lukoil Considering Many Offshore Oil Projects In West Africa, Gulf Of Mexico - CEO

ASTRAKHAN (UrduPoint News / Sputnik - 09th October, 2020) Russianoil major Lukoil is considering many projects in West Africa and the Gulf of Mexico, as a rule, they are associated with the development of the shelf, the company's CEO, Vagit Alekperov, told reporters."As far as offshore projects are concerned today, they…

Eastern Gets Green Light To Build Second Offshore

Eastern Shipbuilding said the U.S. Coast Guard executed a modification to the contract to build the second Offshore Patrol Cutter (OPC) and Long Lead Time Materials for the third OPC. These accomplishments result from successful completion of a Production Readiness Review (PRR) in February 2020.Eastern’s President Joey D’Isernia said…

Keppel : secures contract worth about S$600m in the offshore renewable energy industry

Keppel Offshore & Marine Ltd (Keppel O&M) has secured a contract valued at approximately S$600m from an energy company for the engineering, procurement and construction of a vessel for the offshore renewable energy industry. This is in line with Keppel Corporation's Vision 2030, which includes seeking opportunities in providing renewable energy solutions.

ConocoPhillips picks up drilling permit for Norwegian Sea well - Maybe Wildcats are not extinct

offshore energyThe Norwegian Petroleum Directorate (NPD) has granted ConocoPhillips a drilling permit for a wildcat well in the Norwegian Sea.The well, designated 6507/5-10 S, will be drilled from the Leiv Eiriksson drilling rig. ConocoPhillips has already secured a safety consent from the countrys offshore safety watchdog…

Demand for offshore supply vessels to drop 10% through 2017, IHS Markit says

11/2/2016HOUSTON -- Demand for the global oil and gas offshore supply vessel (OSV) market has declined an average of 10% annually since 2014 and will continue to fall at approximately this same rate through 2017, according to analysis from IHS Markit.Despite a significant decline in operator demand for offshore supply vessels…