Offshore Shipping Online A publication for the offshore shipping industry published by Clarkons since 1999 en Fri, 09 Dec 2016 19:17:38 +0200 Fri, 09 Dec 2016 19:16:38 +0200 (OSO) Polarcus hit by delays but expects further awards, despite highly competitive market Fri, 09 Dec 2016 19:17:39 +0200 Polarcus Limited has updated its guidance on multi-client prefunding for the full year.  Based on preliminary numbers, the company expects to report a prefunding level of 120 per cent for the full year 2016, down from previo Allseas awarded TurkStream deal Fri, 09 Dec 2016 19:15:02 +0200 South Stream Transport has awarded Allseas a contract to lay the first line of the TurkStream offshore gas pipeline in the Black Sea, with an option for laying the second line. According to the contract, Allseas is to lay more than 90 Oil prices have undergone structural change say leaders Fri, 09 Dec 2016 19:11:44 +0200 More than two-thirds of maritime leaders in Asia now believe the persistent volatility in oil prices represents a structural rather than cyclical change, according to new data released by Sea Asia 2017. The results come as the maritim Magseis bags North Sea deal Fri, 09 Dec 2016 19:09:17 +0200 Magseis ASA has been awarded contract by ConocoPhillips. The contract is for a full azimuth 4D seabed seismic acquisition survey in the North sea using the company’s proprietary MASS system. Magseis will mobilise a secon Trond Myklebust appointed CEO at Viking Supply Ships Thu, 08 Dec 2016 08:59:22 +0200 The Board of Directors of Viking Supply Ships AB has appointed Trond Myklebust as Chief Executive Officer (CEO). He will also act as CEO in Viking Supply Ships A/S, and will take over the responsibilities as CEO at both companies. < Palfinger delivers deck equipment for crew transfer vessel Thu, 08 Dec 2016 08:58:42 +0200 Palfinger Marine has delivered an equipment package including a marine crane and davit to Austal Ltd for a high-speed crew transfer vessel. The 57.6m, all-aluminium catamaran was designed by Incat Crowther and constructed by Austal’s shipyar ROVOP enjoys strong recovery in challenging market Thu, 08 Dec 2016 08:53:26 +0200 As a result of multiple contract wins in 2016, independent ROV service provider ROVOP says it has "recovered strongly" from the downturn in the oil and gas industry. The company enjoyed a record period in the second half of its financial y N-Sea and University of Strathclyde collaborate on subsea project Thu, 08 Dec 2016 08:51:25 +0200 N-Sea, and the University of Strathclyde’s Institute of Sensors Signals and Communications at the Department of Electronic and Electrical Engineering have secured substantial funding from the Data Lab Innovation Centre for an innovative research Polarcus awarded two projects offshore South America Thu, 08 Dec 2016 08:49:20 +0200 Polarcus has received two Letters of Intent from two undisclosed clients for marine seismic projects offshore South America. The projects, one 3D using Polarcus' RightBAND technique for broadband data acquisition and one 4D monitoring Pacific Radiance official arrested Wed, 07 Dec 2016 08:47:42 +0200 The Board of Directors of Pacific Radiance Ltd has confirmed that on 2 December 2016, Mok Weng Vai, an executive director of the company, was arrested by the Corrupt Practices Investigation Bureau (CPIB), on suspicion of an offence under Swiber issues update on investigation Wed, 07 Dec 2016 08:45:02 +0200 Swiber Holdings Limited, at which Judicial Managers were recently appointed, has issued an update on the investigation of the company by the Commercial Affairs Department (CAD) in Singapore. The company said it had been Swire Seabed acquires subsea vessel from Olympic Wed, 07 Dec 2016 08:40:24 +0200 Swire Seabed has taken delivery of its fourth subsea vessel, Seabed Constructor, the former Olympic Athene, and has secured a six-year contract for the vessel with UK-based Ocean Infinity. The vessel will be carryi Wood Group and Heerema Fabrication Group sign MOU Wed, 07 Dec 2016 08:38:30 +0200 Wood Group and Heerema Fabrication Group (HFG) have signed a Memorandum of Understanding (MoU). The companies will join efforts to offer wellhead platform development, from design to installation, hook-up and commissioning, to clients on the Norwegian BHP Billiton awarded Mexican deepwater deal Wed, 07 Dec 2016 08:36:49 +0200 BHP Billiton has announced that it submitted the winning bid to acquire a 60 per cent participating interest in and operatorship of blocks AE-0092 and AE-0093 containing the Trion discovery located in the deep-water Gulf of Mexico offshore Mexico. Subsea Integration Alliance awarded EPCIC contract in Gulf of Mexico Wed, 07 Dec 2016 08:33:43 +0200 Subsea Integration Alliance has announced what it described as the industry’s first deepwater integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) multiphase boosting system award. The awar