Atlantic Offshore Secures Two-Year Charter for ERRV Ocean Troll in UK North Sea

Offshore shipping company Atlantic Offshore has secured a two-year charter with Maersk Oil in the UK for the use of the Emergency Response and Rescue (ERRV) Ocean Troll. For the charter, which commenced in July 2017, Ocean Troll will provide emergency rescue and fire fighting services for Maersk Oil's Culzean project in the central North Sea. It is the first Fire Fighting … [Read more...]

Atlantic Offshore Scotland Ltd Secures Two Year Charter with Maersk Oil UK

Leading Emergency Response and Rescue Vessel (ERRV) operator Atlantic Offshore Scotland Ltd, has secured a two-year firm charter with Maersk Oil UK. The company’s ERRV Ocean Troll, will provide Emergency Response and Rescue services for Maersk Oil’s Culzean project in the central North Sea. The Charter is the first Fire Fighting Class II (Fi-Fi II) ERRV to have operated in … [Read more...]

Atlantic Offshore Secures Future with Sale of Business

Norwegian shipowner Atlantic Offshore says it has secured its continued operation amid the weak offshore market with an agreement to sell the majority of its operations. The operations will be sold to Aegopodium AS, a newly established company owned 100% by H. Øgreid & Sønner AS. The consideration for the transaction is NOK 16.9 million, or just over US $2 … [Read more...]

Virginia, Ground Zero in Atlantic Drilling Debate, to Learn Its Fate Soon

By Jennifer A. Dlouhy (Bloomberg) -- From the shores of Savannah, Georgia, to the Beaufort, North Carolina beachfront, coastal communities in conservative southern states have locked arms in opposition to oil and gas drilling in the Atlantic waters lapping their shores. A different story is playing out in Virginia, where Democratic Governor Terry McAuliffe and both … [Read more...]