Solstad Offshore Wins Contracts for CSVs
Norwegian offshore service and supply ship shipping company Solstad Offshore has secured work for two of its offshore construction vessels.First, the company signed a contract with DeepOcean AS for the CSV Normand Jarstein. The contract will commence in March for the 2019 season…
iSURVEY Reports Success in Q1 2017
Provider of survey and positioning services to the global oil and gas, offshore renewables and telecommunications markets, iSURVEY, has reported a strong end to 2016 and a positive first quarter of 2017, including ongoing recruitment due to a string of significant contract wins.
IKM Subsea Singapore Inks ROV Contract with Solstad
Solstad Offshore in Singapore has recently awarded IKM Subsea Singapore a service contract to provide ROV services onboard on the DLB Norce Endeavour for construction support projects offshore in Thailand (hat-trick award from 2015). The…
iSURVEY Singapore Secures Solstad Offshore Contract
iSURVEY Pte Ltd, Singapore has been awarded a marine construction survey support contract with Solstad Offshore Asia Pacific for works onboard the DLB Norce Endeavour. Due to commence in March 2017, with options for extension in 2018 and 2019…
OSV Industry Faces Further Restructuring -Nordea
Thorodd Bakken, head of Nordea Norway's Corporate & Investment Bank, expects more restructuring to take place in the offshore supply shipping industry in 2017, he told Reuters on the sidelines of a business conference on Thursday: * Markets remain very demanding for offshore supply ship own
DNB: Oil Industry Suppliers Face Tough Road Ahead
Rig and service vessel owners face high debt, shrinking market. Restructuring the debt of struggling offshore oil service vessel (OSV) and drilling rig companies will take years to complete and complex cases must go through multiple stages…
Solstad Offshore Secures Contract with Technip
Solstad Offshore ASA (SOFF) says it has entered into a frame agreement with Technip Norge AS and Technip UK Limited (Technip) to supply vessels for trenching, construction and subsea services. The deal’s commercial terms have not been disclosed.
Offshore Supply Ship Market Set for Consolidation
A glut of offshore supply vessels and falling demand from oil firms will trigger a restructuring of the still-fragmented industry, two of the largest owners of the specialty ships told Reuters on Tuesday. With crude prices down more than 70 percent since mid-2014…
iSURVEY Singapore Awarded Contract with Solstad Offshore
iSURVEY Pte Ltd, Singapore, informs it has been awarded a marine construction support contract to provide positioning and survey support for Solstad Offshore Asia Pacific’s 2016 pipeline and platform installation program in Thailand, on board the DLB Norce Endeavour.
iSURVEY Reports Growth in Singapore
iSURVEY Group has marked a positive start to 2015 with significant contract wins for its Singapore division. iSURVEY Pte Ltd, Singapore, which was launched in 2012, was recently awarded a marine construction contract in the Asia Pacific region by Solstad Offshore.
