Offshore | TradeWinds

Singapore-based offshore vessel owner sees 'challenging' year ahead with rates remaining weak.

18:09 GMT

Milan-listed Saipem, one of the worlds three top-tier subsea contractors, says it won new contracts and other variation orders worth a total of EUR 1.5bn ($1.7bn).

17:00 GMT

Buoyed by low charter rates, Indias state-owned Oil & Natural Gas Corp (ONGC) is looking to increase its long-term chartering activities over next few months.

17:00 GMT

Norwegian subsea player has soundly beaten market estimates by about 20% on average

17:00 GMT

Singapore-listed Swiber Holdings is blaming the severe downturn in the offshore sector for delays to one of its most important field-development contracts off West Africa while its $200m share subscription has also hit problems.

17:00 GMT

US-based rig owner Hercules Offshore, which declared bankruptcy in June for the second time in six months, says it has sold one of its jack-up rigs this week for just $3.16m to an unnamed buyer.

17:00 GMT

Offshore vessels have seen a clear reversal in demand for drilling support, as the total number of rigs working offshore fell in June after the preceding two months registered rises.

17:00 GMT

The US Gulf of Mexico (GoM) is a clear example of how oil companies cost-cutting is now moving beyond exploration and into operational budgets a key concern for struggling offshore-support players, says a well-known analyst.

17:00 GMT

Shell chief executive Ben van Beurden appears to have partly confirmed analyst warnings about Brexits potential chilling effects for the UK shelf

17:00 GMT

Indian offshore vessel owner to deploy one ship and one ROV to oil majors project.

14:41 GMT

Singapore owner sending personnel to work on oil and gas company's projects.

07:25 GMT

Struggling Norwegian PSV owner keeps two vessels working in Brazil, with four laid up.

06:18 GMT

Alec Litowitz firm holding heap of Teekay Offshore common shares after preferred share conversion and private placement.

13 Jul 20:36 GMT

Oslo-listed owner offloads 1996-built vessel and says its new owner will not deploy it in the OSV sector.

13 Jul 13:06 GMT

Two-thirds of investors opt to take 2015 dividend as new stock.

13 Jul 06:47 GMT

Phase one of floatel owner's restructuring complete as it tries to boost liquidity by $478m.

13 Jul 06:29 GMT

GulfMark, Genco, Hornbeck and Star Bulk surge by more than 11% as New York stock markets pooh-pooh global uncertainties.

12 Jul 21:05 GMT

Taiwanese entities in Chapter 11 reach deal with creditors and Vantage over cash frozen amid fight with Nobu Su.

12 Jul 19:10 GMT

Oslo-listed shipowner's net profit dips 1.2% to $25.5m, though adjusted result shows improvement.

12 Jul 16:44 GMT

Bondholders to vote on final solution as banks sign off on debt deal.

12 Jul 08:03 GMT

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Offshore | TradeWinds