The market for AHTS vessels is expected to continue to be plagued by poor operating conditions while there are signs of improvement for the PSV segment, according to Siem Offshore.
Keppel FELS, subsidiary of Keppel Offshore & Marine, has landed a contract worth more than SGD150m ($110m) for two offshore wind farm substations from Denmark’s renewable energy firm Ørsted.
Software and cyber will become a third platform for safety adding to the current physical dimensions ABS chief Christopher J. Wiernicki told the Offshore Technology Conference in Houston.
Topaz Energy and Marine has inked a long-term agreement with Baker Hughes, a GE Company for its new lubricant condition monitoring system.
Tasik Subsea vessel the Southern Star has started a new charter in Malaysia after Fugro returned its 22 months into a six year charter.
A consortium comprising Keppel Offshore & Marine’s wholly-owned subsidiary Keppel FELS and Aibel AS has clinched a contract to develop offshore and onshore converter stations in Germany.
Debt-ridden Swiber Group is looking at a potential restructuring following a rescue deal dangled by New York-listed Seaspan Corporation, and judicial managers have urged creditors to say ‘yes’ to the…
Teekay Offshore Partners has secured $165.5m in long term financing from the Norwegian government for four new shuttle tankers which will operate with zero volatile compounds (VOC) emissions.
An improving offshore marine market saw Topaz Energy & Marine back in the back in the black in Q1 with 86% fleet utilisation.