Category archives for: Offshore News

USCG Issues New Interim OSV Rule

USCG Issues New Interim OSV Rule

The U.S. Coast Guard on Tuesday issued an interim rule regarding regulations to mitigate the risk created by the removal of the statutory size limit previously placed on offshore supply vessels. The regulations were effective immediately upon publication in the Federal Register. The Coast Guard Authorization Act of 2010 removed the statutory size limit previously […]

McDermott to Work on Andarko Spar’s Decommissioning

McDermott to Work on Andarko Spar’s Decommissioning

McDermott International said that one of its subsidiaries has entered into an agreement with Anadarko Petroleum Corporation to provide construction and decommissioning support services on the Red Hawk project. McDermott will supply its Derrick Barge 50 (DB50), for decommissioning support of the Red Hawk spar located in Garden Banks 876. The DB50 will remove mooring […]

Image of the Day: Ocean Alden Testing the Water

Image of the Day: Ocean Alden Testing the Water

Atlantic Offshore’s offshore supply ship Ocean Alden conducted a towing test with Siddis Supplier, at the Gjøa field. Norway-flagged Ocean Alden was built in 2011for the Gjøa field. GDF SUEZ E&P Norge awarded shipowners Atlantic Offshore a 10 year contract for the operation of the Ocean Alden on the Gjøa field. The Ocean Alden is […]

Lloyd’s Register Takes Rules for Offshore Units Step Forward

Lloyd’s Register Takes Rules for Offshore Units Step Forward

Lloyd’s Register has launched its new Rules for Offshore Units in one single document following an in-depth consultation with industry. It signals a move by the world’s oldest classification and certification society, to modernise the way in which Rules and their guidance notes are presented to industry – and importantly how they are used by […]

LUKOIL Ships First Cargo from Iraq’s West Quarna 2 Oilfield

LUKOIL Ships First Cargo from Iraq’s West Quarna 2 Oilfield

Sea Triumph, a tanker chartered by LITASCO (an international marketing subsidiary of OAO LUKOIL), left the port of Basra in southern Iraq with a load of crude. This is the first batch of oil in reimbursement of the costs incurred by LUKOIL as part of the West Qurna-2 project. The shipment is one million barrels. […]

UPDATE: Sunken Cargo Was Bound for EnBW Baltic 2 Wind Farm

UPDATE: Sunken Cargo Was Bound for EnBW Baltic 2 Wind Farm

The offshore wind farm turbine parts that sank last Wednesday, together with the barge they were loaded on while under tow in the Baltic Sea, were intended for EnBW’s Baltic 2 offshore wind farm. The sunken barge was carrying 4 working platforms for the EnBW Baltic 2 wind farm, according to German utility company EnBW. […]

Pareto JGO Shipbrokers Takes Over Derrick Offshore

Pareto JGO Shipbrokers Takes Over Derrick Offshore

Two top  shipbrokers in the specialist offshore market Pareto JGO Shipbrokers and Derrick Offshore decided to join forces. The transaction sees UK-based Derrick Offshore being acquired by Norwegian Pareto JGO Shipbrokers. Derrick Offshore will continue to trade under its current name and trademark, with all of the current directors and shareholders remaining with the company, […]

Busy Week for Nam Cheong

Busy Week for Nam Cheong

Building for stock has proven fruitful for Malaysia-based Nam Cheong Limited as the company cashes in approximately USD 90 million via sale of one Platform Support Vessel, one Accommodation Work Vessel, and two Anchor Handling Towing Supply Vessels. Leong Seng Keat, Nam Cheong’s Chief Executive Officer, said: “We are pleased to see that the strong momentum has continued, with these […]

Bergen Group Exits Shipbuilding Earlier than Planned

Bergen Group Exits Shipbuilding Earlier than Planned

Bergen Group ASA has signed an agreement with Calexco S.a.r.l. regarding sale of the remaining 30 % shares in NorYards AS for a price of USD 4 million. The completion of the transaction is expected to take place by end of August 2014 and marks the group’s exit from shipbuilding business. The sale of the […]

Chinese Survey Ships Spotted in Philippine Waters

Chinese Survey Ships Spotted in Philippine Waters

Benigno Aquino, President of the Philippines, said that two survey vessels from China had been seen in a disputed gas-rich area of the South China Sea which the Philippines consider their exclusive economic zone, Reuters reports. China is trying to secure a claim over the entire South China Sea, with Brunei, Malaysia, the Philippines, Taiwan […]

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