Finance & Investing
News Services
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy


News Topics: Equipment

By Region: Articles From:

Results45 articles shown

Helmerich & Payne Warns US Land Rig Revenue To Fall
Thursday, January 29, 2015 Helmerich & Payne Inc expects revenue for US land rigs to decrease in the current quarter amid a slump in crude oil prices.

Keppel FELS Delivers Ultra Harsh Environment Jackup to Maersk Drilling
Thursday, January 29, 2015 Maersk Drilling takes delivery of its third ultra harsh environment jackup from Keppel FELS in Singapore.

Yinson Clinches $2.54B FPSO Contract from Eni for Ghana's OCTP Block
Wednesday, January 28, 2015 Yinson clinches a $2.54 billion contract from Eni to supply, operate and maintain a floating production storage and offloading vessel for Ghana's Offshore Cape Three Points Block.

Norway's Troll Gas Field Suffers Unplanned Outage
Sunday, January 25, 2015 Norway's biggest natural gas field, Troll, suffers an unexpected outage.

South Korea's HHI Progresses Move to Localize Offshore Facilities Equipment
Thursday, January 22, 2015 South Korea's Hyundai Heavy Industries completes the first phase of a plan for localizing offshore facilities equipment.

KBC Advanced Technologies Reports Strong 2nd Half
Thursday, January 22, 2015 Simulation technology firm KBC Advanced Technologies enjoys a second half to 2014.

Keppel Sees Shallow-Water Projects Supporting Rig Demand amid Lower Prices
Monday, January 19, 2015 Keppel believes oil production in shallow-water basins will support rig demand, but revenue diversification is key to ride out the low oil price environment.

Rig Trends: Gulf of Mexico Jackup Market Showing Effects of Slowdown
Friday, January 16, 2015 Low oil prices are wreaking havoc for the worldwide offshore rig fleet and the Gulf of Mexico jackup market is no exception.

Keppel Singmarine Secures $212M Contract to Build Ice-Class Vessel for MCS
Friday, January 16, 2015 Keppel Singmarine secures a $212 million contract from Marine Construction Services' subsidiary New Orient Marine to build an ice-classs multi-purpose vessel.

Cosco Nantong Delivers Semisub Accommodation Vessel to COTEMAR
Thursday, January 15, 2015 Cosco Nantong delivers a semisubmersible accommodation vessel to Mexico's COTEMAR.

SBM Receives Formal Production Readiness Note for N'Goma FPSO
Thursday, January 15, 2015 SBM Offshore receives formal Production Readiness Note for N'Goma FPSO, which is operating for Eni in the West Hub development project in Block 15/06 offshore Angola.

Matrix Delivers Installation Buoyancy Structure to Heerema for LNG Project
Monday, January 12, 2015 Matrix Composites & Engineering delivers an installation buoyancy structure to Heerema Marine Contractors for a liquefied natural gas project offshore Western Australia.

Keppel FELS Delivers Newbuild Jackup Yunuen to Pemex
Monday, January 12, 2015 Keppel FELS delivers Yunuen, a newbuild KFELS B Class jackup, to Pemex.

LMC to Supply Jurong Shipyard with Turret System for Brazil's Libra FPSO
Monday, January 12, 2015 Ezra's unit London Marine Consultants clinches deal from Jurong Shipyard to supply an external turret mooring system for the Libra oil field's floating production, storage and offloading vessel to be deployed offshore Brazil.

Cosco Discontinues Octabuoy Hull and Topside Module Project
Monday, January 12, 2015 Cosco discontinues the Octabuoy hull and topside module project, resulting in a one-off charge of $72 million for the firm.

North Dakota Rig Count Drops Sharply As Oil Price Tumbles
Monday, January 12, 2015 The number of drilling rigs operating in North Dakota's oil fields fell to 159, the lowest level since November 2010, according to state data.

Triyards Bags $75.4M Contracts to Build 2 Liftboats
Thursday, January 08, 2015 Triyards Holdings bags contracts, worth $75.4 million, to build two liftboats for U.S.-based operators.

Keppel Lands $52M Deals to Build AHT, Offer Technical Services for Liftboat
Wednesday, January 07, 2015 Keppel Singmarine lands $52 million contracts to build an anchor handling tug vessel and provide technical services for a newbuild liftboat.

Marco Polo Marine Clinches $46M OSV Contracts to Work in SEA, Australia
Tuesday, January 06, 2015 Marco Polo Marine clinches offshore support vessel contracts, valued at $46 million, for operations in Southeast Asia and Australia.

Subsea Integrity System Backed by Chevron
Monday, January 05, 2015 Viper Subsea's subsea integrity system receives backing from Chevron.

Baker Hughes: US Oil Drillers Cut Rigs For 4th Straight Week
Monday, January 05, 2015 The number of rigs drilling for oil in the US fell by 17 this week, as energy companies facing lower crude prices reduced the rig count for the fourth straight week, data from Baker Hughes shows.

Keppel Shipyard Bags $705M FLNGV Conversion Contract from Golar LNG
Monday, January 05, 2015 Keppel Shipyards bags $705 million floating liquefaction vessel conversion contract from Golar LNG.

MacGregor Lands Large Subsea Crane Order from China's ZMPC
Wednesday, December 31, 2014 MacGregor lands a large subsea crane order from China's Shanghai Zhenhua Heavy Industry Co. (ZMPC).

Seadrill Acquires West Polaris Drillship from Ship Finance International
Wednesday, December 31, 2014 Seadrill acquires West Polaris drillship from Ship Finance International.

CSG Appoints SBI Offshore as Lead Procurement Contractor for Semisub
Tuesday, December 30, 2014 SBI Offshore appoints CSG as the lead contractor responsible for procurement of drilling equipment systems (DES) of a CS70 semisubmersible.

Nam Cheong Bags $45M Contracts to Supply 2 Newbuild OSVs
Monday, December 29, 2014 Nam Cheong bags contracts, worth $45 million, to supply two newbuild offshore support vessels.

Otto Marine Sells AHTS for $100M, Subsidiary to Lease Vessel Upon Delivery
Monday, December 29, 2014 Otto Marine sells an anchor handling tug supply vessel, now under construction in Indonesia, for $100 million.

Keppel AmFELS Clinches $100M Contract to Build Onshore Drilling Rig
Monday, December 29, 2014 Keppel AmFELS clinches a $100 million contract to build an onshore drilling rig for a major operator.

CIMC Raffles Wins Bid to Construct Jackup for Sinopec
Friday, December 26, 2014 China's CIMC Raffles wins bid to construct a jackup for Sinopec.

Orwell Offshore, FES Clinch $40M Contract from THHE for FPSO Layang
Friday, December 26, 2014 Orwell Offshore and FES International clinch a $40 million contract from TH Heavy Engineering to supply an external turret system for FPSO Layang.

Hoidi Bags Rig Leg Fabrication Contract from CMHI for 2 Bestford's Jackups
Wednesday, December 24, 2014 Hoidi lands contract from China Merchant Heavy Industries to fabricate rig legs for two Bestford Offshore's jackups.

AWE Extends FPSO Umuroa's Contract with BW Offshore to 4Q 2016
Wednesday, December 24, 2014 AWE extends contract with BW Offshore for FPSO Umuroa to operate offshore New Zealand until the fourth quarter of 2016.

EXMAR Places Order for Second FLNG Unit with China's Wison Offshore
Wednesday, December 24, 2014 EXMAR places an order for a second floating liquefied natural gas liquefaction unit with China's Wison Offshore, with delivery planned for 2017.

Baker Hughes: US Oil Drillers Cut Rigs, Lowest Since May
Friday, December 19, 2014 The number of rigs drilling for oil in the United States fell by 10 this week as low crude prices continued to threaten energy company revenues.

Bumi Armada Seals $1.18B FPSO Contract for Indonesia’s Madura BD Field
Friday, December 12, 2014 Bumi Armada signs a contract, worth $1.18 billion, to supply a floating production, storage and offloading vessel to Husky-CNOOC Madura Ltd. for Indonesia’s offshore Madura BD field.

Icon Offshore Bags $12.3M Contracts to Supply OSVs for Work Off Malaysia
Thursday, December 11, 2014 Icon Offshore bags $12.3 million contracts for the provision of offshore support vessels for work offshore Malaysia.

Modec Commences Charter for FPSO Cidade de Mangaratiba MV24 in Santos Basin
Monday, December 08, 2014 Modec announces the commencement of a charter for FPSO Cidade de Mangaratiba MV23 at BM-S-11 block in Santos Basin, offshore Brazil.

Early Contract Termination for Mermaid Maritime's MTR-2 Tender Assist Rig
Monday, December 08, 2014 Mermaid Maritime reports the early cancellation of a contract for the MTR-2 tender assist rig to operate in Indonesia.

ASL Marine Accepts Cancellation of 2 Newbuild OSV Contracts
Monday, December 08, 2014 ASL Marine Holdings accepts cancellation of two shipbuilding contracts for offshore support vessels scheduled for delivery next year.

Further Delays in Contract Signing for Madura Field FPSO
Friday, December 05, 2014 Bumi Armada and Husky-CNOOC agree to delay signing of the contract for a floating production, storage and offloading vessel for the Madura BD field to Dec. 10.

Keppel FELS to Deliver Jackup Jindal Explorer to Star Drilling Shortly
Wednesday, December 03, 2014 Keppel FELS prepares to deliver Jindal Explorer to India's Star Drilling after holding a naming ceremony for the jackup at its yard.

Modec-Schahin JV to Supply FPSO for Petrobras' Campos Basin Block BM-C-36
Tuesday, December 02, 2014 The Modec-Schahin joint venture bags a contract from Petrobras to supply a floating production, storage and offloading vessel for the BM-C-36 block in the Campos Basin, offshore Brazil.

Marine Contracting Moves Cendor MOPU to Batam in Indonesia for Upgrade Work
Tuesday, December 02, 2014 Marine Contracting transports the Cendor Mobile Offshore Production Unit from the Cendor field offshore Malaysia to Batam, Indonesia for upgrade work.

As Crude Tumbles, Oil Drillers Seek to Temporarily Idle More Rigs
Monday, December 01, 2014 Offshore drillers globally are increasingly considering "warm stacking" their rigs to take them temporarily off the market, as they gear up for a slowdown in the hunt for oil with crude prices sliding to five-year lows.

Delta SubSea Mobilizes ROV System for Venezuela Pipelay Survey
Monday, December 01, 2014 Delta SubSea mobilizes an entire ROV system for pipelay survey operations in Venezuela.