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Offshore

Colombo: Sri Lanka-based Colombo Dockyard reaped profits in 2012 as it benefitted from higher margins from the construction of offshore support vessels (OSVs).
Oslo: Following the sale of a 50.75% stake to Italian shipbuilder Fincantieri, the STX OSV group of companies has been rebranded as VARD, from the Norwegian “varde” meaning a small…
Singapore: London Offshore Consultants (LOC) has established a new office in Vietnam, signalling increased expansion in the Asia Pacific region.
Oslo: Offshore deepwater drilling company Seadrill has exercised options for two further jack-up rigs at Dalian Shipbuilding Industry Offshore Co Ltd (DSIC Offshore).
Oslo: Oslo-listed Dolphin Geophysical a two-year-old seismic research company expects its market share to double by 2015.
Dubai: Dubai-based Grandweld has landed a $50m contract to design and build four crane/workboat vessels for Kuwait Oil Company (KOC), a subsidiary of the state-owned Kuwait Petroleum Corporation. The deal,…
Singapore: Singapore-based Ezion Holdings has received letters of intent from several multinational companies who are supporting the offshore oil and gas projects in Northern Territory of Australia.
Singapore: Malaysian firms Nam Cheong and Bumi Armada have announced contract agreements worth $130m, with orders for four MPSVs and an option for four more.
Singapore: Sembmarine's rigbuilding PPL Shipyard has secured a repeat order for a jack-up rig from Malaysian upstream service provider Perisai Petroleum Teknologi Bhd (Perisai).
Houston: Drillship operator Pacific Drilling announced a surge in profits as its four drillship newbuildings from Samsung Heavy Industries (SHI) come onstream.
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