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Offshore

Miami: A decision to cut BP’s potential fine by $3.4bn has been approved by U.S. courts, taking into consideration 810,000 barrels of oil which were not spilled into the Gulf…
Singapore: Otto Marine's subsidiary Reflect Geophysical was unsuccessful in obtaining an order from the Singapore High Court for a short to medium term standstill of claims from its creditors.
Kuala Lumpur: Bumi Armada's jointly controlled entity SP Armada Oil Exploration clinched a $740m deal from India's Oil and Natural Gas Corporation (ONGC) to provide a FPSO for offshore India.
Piraeus: V.Ships has signed a crewing contract with UAE seismic vessel operator Polarcus.
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…
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…
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”.
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