There are more sale and purchase transactions recently for second hand OSVs
but we expect that many of the laid up vessels will not be reactivated as the low charter rates do not make it viable to spend the amounts required for reactivation.
Zamil Offshore is a leading promoter of Saudisation and has already launched 100 per cent Saudi crew on board one of its OSVs
At the same time it gives Gulf Navigation a significant position in the GCC regional OSV
Topaz Energy and Marine, a leading offshore support vessel (OSV
) company, has won a new $100-million contract from Dragon Oil, the upstream oil and gas subsidiary of Emirates National Oil Company (Enoc).
Topaz Energy and Marine (Topaz), a leading offshore support vessel (OSV
) company, today announced a new $100 million contract with Dragon Oil, the upstream oil and gas subsidiary of Emirates National Oil Company (ENOC) whose principal asset is the Cheleken Contract Area, in the eastern section of the Caspian Sea, offshore Turkmenistan.
WildEarth had argued that subpart C, which exempts OSVs
from compliance with the EO's minimization criteria, was invalid because the EO itself did not distinguish between ORVs and OSVs
"The fact that open-system vaporizers (OSVs
) officially overtook disposables in 2014 suggests that consumers are already leaning toward more sophisticated vapor devices."
Tidewater is a provider of Offshore Service Vessels (OSVs
) to the energy industry worldwide.
Revenue for the third quarter declined by 12.1 percent year-on-year to MYR559.46m due to the continuing lower utilisation of the OSVs
as well as lower activity in the transportation and installation (TandI) business.
(NYSE: HOS) has closed the sale of three 250EDF class OSVs
that were previously chartered to the US Navy, the company said on Tuesday.
Topaz is headquartered in the UAE and operates a fleet of 99 offshore support vessels (OSVs
) throughout the Middle East and the Caspian with an existing, growing presence in West Africa.
WEnrtsilEn offers a wide range of pumps and valves solutions for the offshore market, including FPSO, FSO and FLNG vessels, drill ships, rigs and OSVs
. With centers of excellence in Denmark and Singapore, WEnrtsilEn delivers environmentally sound pump solutions for the marine, oil & gas and petrochemical industries.