Offshore News

Palfinger Wins Deck Equipment Package

Palfinger Marine signed a contract with Turkish shipyard Cemre to supply a deck equipment package to a Havyard 832 MPV vessel being built for Esvagt. The package from Palfinger consists of cranes, winches and offshore equipment. The MPV will measure 81.9 x 17.16 m, with a  deck area of 620 sq. m., a speed of 15 knots and a bollard pull of 100 tons.

Charleston Looks To Relieve Truck Traffic With Barge Service

© Provided by Accretive Capital LLCSouth Carolina's Charleston region is the latest coastal city looking to tap underutilized waterways for moving freight, and hopefully find more success than earlier projects. The Port of Charleston is looking to add a wharf space to the Wando Welch marine terminal for loading marine containers on barges.

osbit-provides-hornsea-1-access - reNews - Renewable Energy News

Osbit has delivered a boat landing system for Gulf Marine Services UK jack-up GMS Endeavour for support work at Orsteds 1.2GW Hornsea 1 offshore wind farm off the Yorkshire coast of England.The 26.4-metre adjustable access tower will allow access between Endeavour and crew transfer vessels regardless of the height of the jack-up.

Keppel Sees Rig Recovery, Profits Up

Singaporean conglomerate Keppel Corp posted improved results for the fourth quarter, helped by narrower losses in its offshore and marine division, and said it was seeing signs of recovery in the rig industry.The company on Thursday reported a net profit of S$135 million ($99.2 million) for the quarter ended December, compared with a net loss of S$492 million a year earlier…

Energy Voice | Updated: Offshore worker dies after falling into North Sea

An offshore worker has died after falling into the North Sea.A massive search and rescue operation was launched yesterday after the man – who was working in Culzean field – was reported missing at 11am yesterday.The man in question was working on the Maersk Highlander jack-up rig, operated by French oil firm Total within…

Diamond Offshore Drilling Inc (DO) Shares Sold by D.B. Root & Company LLC

D.B. Root & Company LLC lessened its stake in shares of Diamond Offshore Drilling Inc (NYSE:DO) by 31.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,040 shares of the offshore drilling services provider’s stock after selling 4,550 shares during the period. D.B.
Gulf Island Fabrication, Inc. (NASDAQ:GIFI) Logo

$0.63 EPS Expected for Ciner Resources LP (CINR); Gulf Island Fabrication Has 0.91 Sentiment

Gulf Island Fabrication Inc (GIFI) investors sentiment increased to 0.91 in Q3 2018. It’s up 0.03, from 0.88 in 2018Q2. The ratio is positive, as 31 investment professionals increased and started new equity positions, while 34 cut down and sold their stock positions in Gulf Island Fabrication Inc. The investment professionals in our database now own: 8.87 million shares…

Cool weather keeps snapper on move

The best snapper fishing in the Hauraki Gulf is still out in 30 to 40 metres of water, and the hour after the turn of the tide at high tide seems to be producing the most action. Unseasonal cold temperatures and strong winds have made fishing difficult in the past month, but that will change. Water temperatures are still hovering around 16C…

Beer at Sunrise | Florida Keys Weekly Newspapers

Theres no place in the world like the Florida Keys, and there are few better places in which to ply ones trade if one plays music for a living. Luckily for me, I love the Keys and play music several nights each week.An online musicians forum I sometimes cruise by had an interesting topic the other day: Whats the weirdest gig youve ever played?

Diamond Offshore Drilling, Inc. (DO)- Stocks Tossing up on Optimistic Data – NASDAQ Times

Diamond Offshore Drilling, Inc. (NYSE:DO) traded under umbrella of Basic Materials sector, declined -3.02% to trade at $10.92 in the last beat, shares of firm has 20 days moving average price of 2.18% from last close price of 10.92 and act as support or resistance of price limit. This will give analytical advantage to a shorter-term trader since it pursues the price more intimately…

Venezuelan oil exports to U.S. still a primary source of cash

(Reuters) - Venezuela’s oil exports to the United States remain the primary cash resource for its state-owned oil company, and efforts by the United States to cut off that revenue would likely force it to send crude to China, India or other Asian countries. FILE PHOTO - An oil tanker is seen in the sea outside the Puerto La Cruz oil refinery in Puerto La Cruz, Venezuela July 19, 2018.

Unique Group Partners with POSH Subsea

UAE-based subsea and offshore solution provider Unique Group announced Thursday it it has entered into a contract with Singapore-based offshore and marine oil field services company POSH Subsea to offer integrated diving solutions.As part of the agreement, Unique Group will design, manufacture and deliver Classed Air and…

Think N.L. is getting windier? Think again

The fall of 2018 might be remembered as a season that saw intense winds slam Newfoundland over and over, ripping up patios, shingles and powerlines as visible wreckage of changing weather patterns but it turns out, that isn't exactly so.Data compiled by Climate Services Canada and Environment Canada for the CBC dispels…

Diamond Offshore Drilling Inc (DO) Stake Lifted by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC raised its position in Diamond Offshore Drilling Inc (NYSE:DO) by 42.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 19,949 shares of the offshore drilling services provider’s stock after purchasing an additional 5,946 shares during the period.

Chennai lab restores eroded beach with offshore dykes | Chennai News

CHENNAI: Apart from leaving a trail of destruction elsewhere, tropical cyclones that had made landfall since the beginning of this decade have also deprived the states fisherfolk of their coast, taking away nearly 60m of the beach off East Coast Road near Kalpakkam. Now, an attempt by city-based scientists to restore the coast using an innovative technology is bearing fruit.

Production remains suspended at site of N.L.'s November offshore oil spill

ST. JOHN'S, N.L. Production work at Husky's SeaRose platform off Newfoundland remains suspended as inspections continue into a spill that released an estimated 250,000 litres of oil into the ocean.The provincial offshore regulatory board said in a statement that Husky has submitted a plan to plug the subsea flowline where…

China's Oil Old Guard Is Dabbling in Wind Power

(Bloomberg) -- Chinas offshore oil and gas experts are dipping their toes in wind power, bringing their experience working on the ocean floor and adding a new twist to their portfolios.Cnooc Ltd., the countrys top offshore oil explorer, said it wants to use its expertise in marine geology to replicate its success in the offshore wind sector.

Stock Scope: Indicators in View for Diamond Offshore Drilling (DO) as Channel Indicator Reaches Hold

Taking a quick look at the charts on shares of Diamond Offshore Drilling (DO), we see that the 60-day commodity channel index reading is Hold. The CCI indicator is generally used to identify overbought and oversold levels. The CCI signal direction is currently pointing to a Bearish. Moving to the mid-range indicator, we…

SEACOR Marine (SMHI) vs. Diana Containerships (DCIX) Financial Analysis

SEACOR Marine (NYSE:SMHI) and Diana Containerships (NASDAQ:DCIX) are both small-cap transportation companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, institutional ownership, earnings, valuation, dividends, analyst recommendations and risk. ProfitabilityThis…