Offshore Shipping Online A publication for the offshore shipping industry published by Clarkons since 1999 en Tue, 28 Feb 2017 14:35:03 +0200 Tue, 28 Feb 2017 14:34:03 +0200 (OSO) Call for papers: OGEL special issue on "Liquefied Natural Gas (LNG)" Tue, 28 Feb 2017 14:35:04 +0200 Oil, Gas and Energy Law Intelligence (, ISSN 1875-418X) invites submissions for a Special issue addressing “Liquefied Natural Gas (LNG)”. It is eleven years since Call for papers: OGEL Special Issue on Decommissioning Offshore Energy Installations Tue, 28 Feb 2017 14:32:15 +0200 The Oil, Gas, and Energy Law Journal ( invites submissions for a Special Issue on Decommissioning Offshore Energy Installations. With thousands of offshore oil Emas Chiyoda Subsea seeks protection under Chapter 11 Tue, 28 Feb 2017 14:24:55 +0200 Emas Chiyoda Subsea has filed a voluntary petition for reorganisation under chapter 11 of the US Bankruptcy Code. The company said it hoped doing so would facilitate the company’s financial and operational restructuring. The petitions wer Contracts see Farstad bring vessels out of layup Tue, 28 Feb 2017 10:11:23 +0200 Farstad Shipping has been awarded a number of contracts, including a number that have seen it bring vessels back into service that were laid up. The AHTS Far Sigma (2014, UT 731 CD, 24,371 bhp) has been awarded a one well con Bourbon completes well re-start using Bourbon Evolution 801 Tue, 28 Feb 2017 10:05:07 +0200 January 2017 saw Bourbon Evolution 801 carry out a well restarting operation for Total on the OFON field in Nigeria. The company said this successful first example of one of its vessel carrying out such as project "mar First of two multipurpose vessels for Jan de Nul launched Tue, 28 Feb 2017 10:00:54 +0200 AVIC shipyard in Weihai, China has launched Jan De Nul Group’s multipurpose vessel Adhémar de Saint-Venant. A sister vessel, Daniel Bernoulli, will be launched in March 2017. Both are designed to undertake a ra Helix ESG forces foreclosure of Emas Marine Base Tue, 28 Feb 2017 09:56:44 +0200 Documents files in a court in Texas confirm that Helix ESG has forced the foreclosue of Emas Marine Base LLC (which is ultimately owned by Emas Chiyoda Subsea). The dcouments suggest that a foreclosure sal will take place on 7 March 2017.< Brazil adopts new local content rules Tue, 28 Feb 2017 09:52:49 +0200 Broker Westshore says new local content rules are to apply as from September 2017 in the upcoming National Petroleum Agency licensing round in Brazil. "The reduction to only 18 per cent local content for the overall exploration p DOF sells PSV Tue, 28 Feb 2017 09:50:06 +0200 DOF has sold its PSV vessel Skandi Waveney, which was built in 2001, to a company outside Norway and not engaged in the offshore oil service industry. Delivery of the vessel is expected to take place mid-March, 2017, when the&#160 Pacific Radiance hit by impairments Mon, 27 Feb 2017 09:01:51 +0200 Singapore-based Pacific Radiance says it anticipates that the challenging market conditions that affected its financial performance for the full year ended 31 December 2016 will continue for the next 12 months.  In FY16 Fugro hit hard by oil and gas downturn Mon, 27 Feb 2017 08:51:48 +0200 Fugro says it expects a further significant decline in revenue in the first half of 2017, although it believes the decline will be less severe than in 2016, with ongoing margin pressure. It says it believes its revenue decline will bottom&#16 PSA issues consent agreement for manned underwater operations Mon, 27 Feb 2017 08:45:21 +0200 Statoil has signed framework agreements with Technip Norge AS (Technip) and Subsea 7 Norway AS (Subsea 7) for manned underwater operations in 2017. Through a Pool Agreement, ExxonMobil E&P Norge AS and Gassco AS also wish to make use of the fr Glomar Patriot secures two-year contract extension Mon, 27 Feb 2017 08:41:22 +0200 Glomar Offshore has secured a two-year extension for the charter of Glomar Patriot on the UKCS. Glomar Patriot is 2013-converted Class B O&G UK (UKOOA) ERRV. Mark van der Star, Chief Commercial Officer NAO increases size of public offering Mon, 27 Feb 2017 08:38:03 +0200 Nordic American Offshore (NAO) has 'upsized' its planned public offering. The company agreed to sell 40,000,000 common shares at a public offering price of US$1.25 per share.  Now, at the company's request, the underwriters have Japanese shipping company MOL to invest in Seajacks Fri, 24 Feb 2017 10:19:20 +0200 Mitsui OSK Lines (MOL) has a that it plans to acquire a 5 per cent share in Seajacks International Limited, which owns and operates five self-propelled jack-ups that operate primarily in the offshore wind industry. MOL will