New Orleans: Transocean's guilty plea to a misdemeanour charge for its role in the Deepwater Horizon incident, which resulted in the death of 11 rig workers in 2010, was accepted by a federal judge in New Orleans yesterday.

Shanghai: Sinopacific Shipbuilding won an order to build four anchor handling tug supply (AHTS) vessels for Russia-based Femco Group.

Singapore: Ezion Holdings secured a charter contract valued at around $79.9m to provide a jack-up rig to support a South Asia-based national oil firm.

Kuala Lumpur: Malaysia’s SapuraKencana Petroleum has moved a step closer to its planned $2.9bn purchase of Seadrill’s tender rig business with the two companies entering into a provisional sale and purchase agreement.  

Bangkok: Mermaid Maritime has secured a five-month contract extension on accommodation barge in Indonesia.

Singapore: BH Global could lose up to S$10m ($8.07m) over a land agreement for a shipyard in Batam, Indonesia that went wrong, and other “irregular transactions”.

Liverpool: Bibby Ship Management has scored big in offshore marine with six new vessel contracts. Bibby Ship Management  was awarded a minimum five year contract for the management of four regional support vessels (RSV) and an additional two new...

Paris: The booming oil and gas market has yielded strong results for Bourbon, which has seen a 17.7% increase in revenues, with an annual turnover of $1.6bn in 2012.