Pacific Radiance Ltd : Pacific Radiance re-establishes presence in middle east with multiyear contracts worth up to US$68 million ."Outlook remains challenging; will continue to grow and deepen footprint in key target markets in Asia, Latin America and Africa".
Tecnicas Reunidas SA : Says wins "Clean Fuels" project at Ras Tanura Refinery in Saudi Arabia from Saudi Aramco .The contract will run for 48 months and will include engineering, procurement, construction works and assistance in the project implementation.
Solstad Offshore ASA : Signs a new contract for DLB Norce Endeavour with Cuel Limited, Thailand. .Contract value is confidential among parties.
Icon Offshore Bhd : Long term contract, valued at about 5.6 mln rgt, is expected to contribute positively to earnings and net assets of co for fy ending Dec 31 .Awarded to provide one straight supply vessel for Seligi/Pm 8 (extension), to EQ Petroleum Production Malaysia Ltd.
Sbm Offshore Nv :SBM Offshore awarded contracts for Exxonmobil Liza FPSO.
Oceanteam ASA : Says its unit, Diavaz-Oceanteam Shipping (DOT), has agreed with seller Pacific Radiance to postpone delivery of CSV Tampamachoco 1 (T1) for one year . Delivery now scheduled for January 2018 . DOT holds option to further delay delivery for another year . Pacific Radiance will absorb additional costs for deferred delivery .Delivery postponed due to ongoing challenging oil and gas market.
EMAS Offshore : Update on contracts secured by EMAS Offshore .Announce that it has secured new contracts for charters amounting to about $93 million ($93.00 million) including options, if exercised.
Siem Offshore Inc : Cancellation of shipbuilding contract . Cancelled PSV no 3 in series due to delay in delivery .Cancells contract for PSV no 3 in series with Remontowa Shipbuilding S.A. in Poland.