Fincantieri Drops $455 Million in “Desperately Needed” Cash for STX OSV
Fincantieri SpA agreed to buy a controlling stake in STX OSV Holdings Ltd., the world’s biggest maker of oil-rig support vessels, for 455 million euros
Get comprehensive coverage of offshore industries, including oil and gas, renewable energy, and subsea operations. Stay informed on the latest offshore and upstream O&G news.
Fincantieri SpA agreed to buy a controlling stake in STX OSV Holdings Ltd., the world’s biggest maker of oil-rig support vessels, for 455 million euros
Destined for the Gulf of Mexico, the deep-water semi-submersible crane & accommodation vessel Explorer Lifter was delivered today by Yantai CIMC Raffles
Ulstein announced today they have entered into a contract with Island Ventures II LLC, a joint venture partnership between Norwegian offshore operator Island
AMSTERDAM–Dutch oil services company SBM Offshore N.V. (SBMO.AE) Thursday announced a raft of new measures to put an end to a lengthy conflict over a
A merger of international classification superpowers has been announced today. Norwegian classification society Det Norske Veritas (DNV) and German
The international oil services provider Aker Solutions has signed a contract with a subsidiary of McDermott for the delivery of subsea tie-in connectors to the
COSCO Nangtong and Qidong Shipyards won a USD $370 million FPSO newbuild order yesterday from Dana Petroleum to build a Sevan FPSO for the Western Isles
(21 November) LONDON– Eduardo Autran, Executive Manager of Supply and Logistics at Petróleo Brasileiro S.A. (Petrobras) presented the 2012
The International Chamber of Shipping (ICS), which represents over 80% of the world merchant fleet, has issued a new position paper on Arctic shipping. As the
At approximately 0500 hrs local time on Saturday, the offshore support vessel VOS Sailor suffered damage and was disabled in severe weather conditions in the
By Jeb Blount RIO DE JANEIRO – Chevron Corp is willing to pay about 300 million reais ($144 million) to settle lawsuits in Brazil over an oil spill last
Helix Energy Solutions Group (NYSE: HLX) announced yesterday they are now a pure-play offshore invention and robotics company after having sold off their
Global power systems company Rolls-Royce said Thursday that it has won an order worth more than 100 million pounds to supply integrated power and propulsion
A new vista is competing with the sun, surf and swimsuits at Rio de Janeiro’s iconic Copacabana and Ipanema beaches: a traffic jam of cargo ships
ZUG, Switzerland, Dec. 10, 2012 — Noble Corporation (NYSE: NE) today reported that it has entered into two separate Definitive Agreements for the
HONG KONG–Cnooc Ltd. (CEO), China’s largest offshore oil-and-gas producer by capacity, confirmed Saturday that the Canadian government approved
A subsidiary of Sembcorp Marine Ltd. (S51.SG) has secured a contract worth US$434 million to construct two jack-up rigs for Mexico’s Integradora de
(Bloomberg) — European energy companies are considering participating in U.S. offshore wind-farm auctions, a sign of increasing confidence in the
gCaptain has just received these exclusive photos of this week’s jack-up rig accident at Jurong Shipyard in Singapore. Monday’s incident left 89
(Bloomberg) — Chinese fishing vessels accidentally cut the cables of a Vietnam Oil & Gas Group seismic ship doing work in Vietnam-controlled waters
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up