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Solstad to return two PSVs from lay-up following contract awards

Norwegian offshore vessel provider Solstad Offshore has been awarded long-term contracts for the platform suppliers Normand Server and Normand Supporter by ConocoPhillips Skandinavia. Solstad said in an Oslo Stock Exchange filing on Monday that th...

25/04/2017 Read

Ferry crashes into breakwater at Port of Las Palmas

On Friday at the Port of Las Palmas, the ro/pax ferry Volcán de Tamasite lost control of her heading shortly after leaving her berth, putting her on a collision course with a tall concrete breakwater. The crew ran out th...

25/04/2017 Read

No U.S. military response to surge in piracy, says Mattis

Reuters - The United States is closely watching a recent increase in piracy off the coast of Somalia, a senior U.S. military official said on Sunday as Defense Secretary Jim Mattis visited an important military base in Djibouti. The rise in piracy...

24/04/2017 Read

Canadian E&C giant to take over UK rival

Global engineering and construction firm SNC-Lavalin is set to take over its UK rival WS Atkins.  Canada-based SNC-Lavalin has offered to buy WS Atkins for a total amount of around £2.1 billion (C$3.6 billion), or £20.80-a-share....

24/04/2017 Read

U.S. offshore rig count decline continues

Following a one-rig-drop in the week before, last week’s U.S. offshore rig count was down by one more rig, according to a Friday report by the oilfield services provider Baker Hughes. BHI Rig Count: U.S. +10 to 857 rigs U.S...

24/04/2017 Read

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