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Prosafe Completes $116 Million Bond Issue

Prosafe, a Cyprus-based owner of offshore accommodation rigs, has announced that it has successfully completed an ...

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Diamond Offshore: OGX Owes Us $36 Million

Diamond Offshore Drilling Inc, a Houston based drilling contractor, is having difficulties with collecting cash ...

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ICA Fluor Nets $54 Million Pemex Job

 ICA Fluor industrial engineering-construction joint venture with Empresas ICA, S.A.B. de C.V. has secured a new ...

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Farstad Secures 10 AHTS Charter Deals Worth $59 Million

Norway’s Farstad Shipping ASA has announced it has secured several charter deals for ten of its offshore ...

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Actuant Buys Viking SeaTech for $225 Million (UK)

Actuant Corporation announced today the signing of a definitive agreement to acquire Viking SeaTech (“Viking”). The ...

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Coastal Sells 7 Vessels for $132 Million (Malaysia)

Coastal Contracts Bhd has announced it has secured contracts for the sale of five Anchor Handling Tug Supply ...

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Swiber Clinches Offshore Contracts Worth $435 Million

Swiber Holdings Limited, a Singapore-based construction and support services provider to the offshore oil and gas ...

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Ezra Nets $505 Million Worth of Contracts

Ezra Holdings Limited , a leading global offshore contractor and provider of integrated offshore solutions to the ...

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Chrysaor Agrees $175 Million Funding

Chrysaor Holdings Limited , an independent exploration and production company focused on developing and ...

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$500 Million Subsea Trees for Pre-Salt Fields (Brazil)

Petrobras , Brazil's national oil company, orders subsea trees worth half a billion dollars for its pre-salt ...

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Malaysia: Coastal Sells 7 OSVs for $142 Million

Malaysia’s Coastal Contracts has announced that its subsidiaries have secured contracts for the sale of seven ...

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Singapore’s Emas Wins New Contracts Worth $120 Million

Singapore’s Ezra Holdings Limited today announced four contracts totaling close to US$120 million. The ...

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EMAS AMC Secures Ivar Aasen Subsea Job Worth $165 Million

Singapore’s EMAS AMC, has been awarded an engineering, procurement, construction and installation (EPCI) ...

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Exxon’s Start-Ups to Deliver 1 Million ...

Exxon Mobil Corporation anticipates major project start-ups will deliver 1 million oil-equivalent barrels over the ...

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Seadrill Reports 4Q Net Profit of 50 Million

Seadrill Reports 4Q Net Profit of 50 Million

Seadrill, an international offshore drilling contractor today reported that its consolidated revenues for the ...

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Havila Wins Charter Deals Worth $180 Million

Havila Wins Charter Deals Worth $180 Million

Norway’s Havila Shipping ASA has entered into a long term charter contract with Deepocean for the 2009 built ...

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Songa Trym Yard Stay Costs Hit $260 Million (Norway)

Songa Trym Yard Stay Costs Hit $260 Million

Songa Offshore, a Cyprus-based drilling contractor, has informed in its December 2012 fleet update that its Songa ...

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CB&I Bags $250 Million Mariner Topsides Design Contract

CB&I Bags $250 Million Mariner Topsides Design Contract

CB&I has been awarded a project valued in excess of US$250 million by Daewoo Ship building & Marine ...

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USA Offers Over 20 Million Acres in Western Gulf for E&D

USA Offers Over 20 Million Acres in Western Gulf for E&D

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic ...

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USA: Maersk Secures Contract for Deepwater Advanced 2 ...

Maersk, ConocoPhillips and Marathon Oil Sign USD 694 Mln Contract

With the signing of a contract for the newbuild drillship Deepwater Advanced 2 Maersk Drilling adds USD 694 million ...

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$50 Million Worth of Contracts for DOF Subsea

$50 Million Worth of Contracts for DOF Subsea

DOF Subsea AS has secured multiple contracts awards in Asia, in Atlantic and in the Gulf of Mexico over the last ...

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