The outlook for the offshore support vessel (OSV) business has brightened considerably since the dark days of the previous ...

Brazil's state-run oil company Petrobras (NYSE:PBR) has signed a 16.5 billion real ($2.8 billion) deal to build and charter 12 new support vessels to supply its offshore platforms, Reuters reported on ...

Bart Reynolds has been hired to take over as president of Seaspan Marine, the company announced today. Appointed to lead Seaspan’s Marine Division, Reynolds joins the company with more than 20 years ...

Tidewater (TDW) +3.5% pre-market Monday after saying it agreed to acquire Wilson Sons Ultratug Participacoess and its affiliate Atlantic Offshore Services in a deal worth ~$500M including debt.

Much of the talks of today’s global offshore engineering industry suggest that China has assumed the central role in the global offshore supply chain. Zhang Zhanhai, chief engineer at China's Ministry ...