Offshore

Malaysia’s Yinson has signed letters of intent with Brazil’s Petrobras for the provision of a FPSO under a 25-year charter worth $5.4bn.

Bourbon has updated that the search and rescue operations for the missing crew of the sunken anchor handler Bourbon Rhode have not found “any trace of life or life rafts” for more than 10 days.

Singapore-listed PACC Offshore Services Holdings (POSH) is buying out the 50% of joint venture Pacific Workboats that it does not own.

Maersk Supply Service has secured a one and a half year contract with Blue Marine Group for the subsea support vessel Maersk Installer for support work with Pemex.

Sembcorp Marine (Sembmarine) has reached settlement with Sete Brasil over seven drillship newbuilding contracts worth $5.6bn, following announcement of a similar deal by compatriot Singapore yard group Keppel Offshore & Marine (Keppel O&M).

Nearly five years after payments stopped being made by Sete Brasil to Keppel Offshore & Marine for six semi-submersible rig newbuildings a resolution has been reached which will see the Singapore shipyard owning four of the uncompleted rigs, and...

A fourth body of a seafarer missing from the sunken anchor handler Bourbon Rhode has been recovered.

The bodies of two more seafarers have been recovered from the anchor handler Bourbon Rhode which sank in the Atlantic.

Maersk Supply Service (MSS), a unit of AP Moller-Maersk Group, has implemented the ship management system Cloud Fleet Manager from software provider Hanseaticsoft.

The body of one of the 11 missing seafarers from the anchor handler Bourbon Rhode, which sank in Hurricane Lorenzo has been recovered.