Offshore: OSV Market Report
The environment in oil patches onshore and offshore alike has been challenging throughout 2019; worries about an economic slowdown – whether cyclical or induced by a trade war – have weighed heavily on oil prices, even in the face of reduced production by the big producers. Though storm clouds persist, there…
DSS Secures HOS Jones Act MPSV for Gulf ROV Work
Delta SubSea Secures U.S.-Flagged DP-2 IMR/Construction Support Vessel for Deepwater ROV Operations in the GoM. Delta SubSea, LLC (DSS) has entered into an agreement with a subsidiary of Hornbeck Offshore Services, Inc. (HOS) for the HOS Bayou, one of Hornbeck’s recently constructed 300 class HOSMAX DP-2 multipurpose service vessels (MPSVs).
Accommodation and Features are Key for Offshore Housing
Deepwater operations are increasingly demanding more personnel offshore, often for longer periods of time, placing a greater emphasis on crew accommodation. Now accommodation and special features join safety as the key components for a new range of comfortable, large-scale offshore housing vessels. Emerging in this range is Hornbeck Offshore Services’ HOS Achiever…
Hornbeck Offshore Net Income Doubled in Q4 2013
Covington, LA. headquartered Hornbeck Offshore Services, Inc. has announced its financial results for the fourth quarter ended December 31, 2013 with a year-on-year almost quarterly doubling of net income. The Company recorded net income for the fourth quarter of 2013 of $22.2 million, or $0.61 per diluted share…
