Vessels News


Rubicon Demands Payment from KrisEnergy

Feb 17, 2020

KrisEnergy, an oil company focused on Southeast Asia, has been served a claim by Rubicon demanding a $2.84 payment in relation to a 2014-charter of the Rubicon Vantage FPSO, deployed at KrisEnergy's Wassana field as an FSO. Rubicon has, according to KrisEnergy…

Carimin's Accommodation Workboat for Petronas Carigali

Feb 10, 2020

Malaysia's Petronas Carigali has signed a long-term charter deal with Carimin Marine Services for the provision of an accommodation workboat.Carimin said that Monday that the contract, signed January 21, would keep the offshore accommodation unit busy for almost two years (716 days…

Thai Offshore Vessel Operator Enters UK North Sea Sector

Feb 10, 2020

Thai offshore service provider Mermaid Maritime is eyeing an expansion into the UK North Sea sector.The company said Sunday it had set up an indirect subsidiary Mermaid Subsea Services (UK) Limited on February 7.The MSS UK is owned by Mermaid's subsidiary Mermaid Subsea Services (Thailand)…

Eni Charters KNOT Shuttle Tanker Pair

Feb 10, 2020

Italian oil firm Eni has signed an agreement with tanker operator Knutsen NYK Offshore Tankers (KNOT) to charter two newbuild shuttle tankers.Shuttle tankers are used to offload oil from offshore platformsSouth Korea's Daewoo Shipbuilding & Marine Engineering will build the two 124…

Energean Braces for Coronavirus Impact on FPSO Delivery

Feb 06, 2020

The Mediterranean-focused oil and gas company Energean might see further delay with the delivery of its FPSO hull from China on the back of the Coronavirus outbreak in the country.Just last week, Energean said that the delivery of the hull of…

Prelude FLNG Shut Down

Feb 05, 2020

Royal Dutch Shell said on Tuesday it has temporarily suspended production at its Prelude floating liquefied natural gas (LNG) facility off northwest Australia following an electrical trip on Feb. 2.Work is underway to restore full operations…

Aibel Clinches Bacalhau FPSO Award

Feb 05, 2020

Japanese FPSO specialist MODEC has awarded Aibel a Letter of Intent for an engineering services front end engineering and design (FEED) in relation to the recently awarded Bacalhau FPSO contract by Equinor.Bacalhau FPSO will be the largest ever…

PGS Gearing Up for PNG Multi-Client Survey

Feb 03, 2020

The Norwegian marine seismic acquisition specialist PGS will start a multi-client survey program in Papua New Guinea (“PNG”) in early February.The program, named the Painimaut 3D MultiClient survey, is expected to last for approximately 60 days and has strong industry funding…

POSH Goes Private on Wednesday

Feb 03, 2020

Singapore-based offshore support vessel operator PACC Offshore Services Holdings, or POSH, is set to go private on Wednesday.OEDigital reported last week that Quetzal Capital, a Kuok Group company, had launched compulsory acquisition for the remaining shares of the offshore vessel operator…

Kuok in Compulsory Takeover of Remaining POSH Shares

Jan 28, 2020

Quetzal Capital, a Kuok Group company, has launched compulsory acquisition for the remaining shares of the Singapore-based offshore vessel operator PACC Offshore Services Holdings, also known as POSH. Quetzal had launched a cash takeover offer for POSH back in November 2019…

Fugro Takes Part in Cambodia's First Oil Development

Jan 28, 2020

KrisEnergy has hired the Dutch offshore survey services provider Fugro to carry out a geotechnical survey at the Apsara oil field, offshore Cambodia.The Apsara field lies over the Khmer Basin, an unproduced geological basin in Cambodian maritime waters in the Gulf of Thailand…

Bumi Armada Might Appeal Woodside FPSO Case Ruling

Jan 28, 2020

Malaysian FPSO supplier Bumi Armada might appeal a recent ruling by an Australia court in an FPSO contract termination case against the Australian oil company Woodside.Woodside in 2016 terminated the contract for the Armada Claire FPSO unit that was operating at the Balnaves Field…

OMV Hires Solstad PSV for New Zealand Campaign

Jan 28, 2020

Norwegian offshore shipping company Solstad Offshore has signed a contract with OMV Taranaki Ltd for the provision of a Platform Supply Vessel for the oil company's operations in New Zealand.The platform supply vessel Normand Tortuga will support…

Shearwater Scores More Seismic Work in India

Jan 28, 2020

Norwegian seismic contractor Shearwater GeoServices has secured back-to-back 3D survey work offshore India.Under the contract, awarded by Reliance, Shearwater will carry a 3D broadband marine seismic acquisition project in the Bay of Bengal…

Pacific Radiance Eyeing New Loan Source

Jan 24, 2020

Singapore-based offshore vessel owner Pacific Radiance has started loan talks with „a global investment fund“ after its discussions with an investor stalled in December 2019.Pacific Radiance had in August 2019 said it was in talks with an unnamed financier over a $180 million loan which it would…

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