Offshore

Gaining full ownership of the Sapura 3000 heavy lift and pipe lay vessel is expected to make Sapura Energy more aggressive in bidding for new jobs from next year, local…
Keppel Corp says there is growing optimism of a “nascent recovery” in offshore as its offshore marine division books a net profit of just SGD1m ($736,000) for the first nine…
Sapura Energy announced that it is discontinuing its SapuraAcergy joint venture with Subsea 7  and as a result has now become the sole owner of the Sapura 3000 self-propelled, dynamically…
One of the best-known figures in Southeast Asian offshore marine sector Venkatraman Sheshashayee (Shesh), is standing down as ceo of Miclyn Express Offshore (MEO).
OSV operator and owner Pacific Radiance has commenced discussions with potential investors to raise fresh funds as part of its debt restructuring, and has received expressions of interests from potential…
Wartsila has completed the installation of a hybrid energy system onto Viking Princess, the world’s first offshore vessel to be equipped with battery technology to replace and reduce the use…
Beleaguered ASL Marine has updated shareholders that its bank creditors have continued to lend their support despite the breach of one covenant, and sought to allay an insolvency concern raised…
H.E. Eng. Hessa Al Malek, Executive Director for Maritime Sector, Federal Transport Authority - Land & Marine UAE was announced as Seatrade Personality of the Year 2017 during the prestigious…
EMS Maritime Offshore has returned to Strategic Marine with an order for a windfarm support vessel.
Yinson Holdings has raised $100m from a perpetual bond issue through its Yinson Juniper unit under its $500m multi-currency perpetual securities programme, the FPSO player said in a stock market…
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