Keppel AmFELS, wholly subsidiary of Singapore's Keppel Offshore & Marine, has won a contract to build a $240m jack-up rig for Central Panuco, a subsidiary of Mexico's Perforadora Central.

The Middle East offshore support market has attracted a wave of investment, spurred by oil companies expanding further offshore and into new fields. As a result meaningful fleet expansion and renewal contracts have been signed and the market looks...

Swissco Holdings has secured charter contracts worth $7.17m for two anchor handling tug supply (AHTS) vessels for deployment in West Africa.

Van Oord has ordered a new cable laying vessel from Damen shipyards, which will be built in Galati, Romania.

Palfinger has become the latest firm to target Brazilian offshore marine business, in a joint venture with Rio de Janeiro crane manufacturer Koch Metalúrgica.

Malaysia-based TAS Offshore has secured a contract to sell an anchor handling tug supply (AHTS) vessel for approximately MYR38m ($11.9m).

Singapore-based KS Energy and Mexico's construction and infrastructure firm ICA have agreed to form a joint venture to invest $480m to own and operate two jack-up drilling rigs for the Mexican offshore market.

Keppel Offshore and Marine is to partner with Mexican national oil company Pemex to develop a $400m yard to build jack-up rigs.

In a "significant milestone" the world’s first two LNG-powered tugs were christened on Saturday at Sanmar Shipyard in Tuzla, Turkey.

Northern Offshore has ordered two jack-up drilling rigs at $180m apiece at an unnamed Chinese shipyard, with an option for two more similar units.