Rates for OSVs in the US remain underwater but utilisation levels are starting to rise and a “rational” approach to stacking and drydocking by owners could see pricing power start to return.
Offshore contractor Naviera Integral has ordered a fast crew supplier (FCS) 5009 from Damen in anticipation of international oil major activity in the Gulf of Mexico.
Enpro Subsea announced that it has reached a MSA with Kosmos Energy aimed at providing enhanced subsea architecture and smart standardization via Enpro's patented FAM technology.
BP has started production at its deepwater Thunder Horse Northwest Expansion project in the U.S. Gulf of Mexico (GoM), marking the fourth major project startup for the British major this year.
