Flotel Services News

Sea Trucks Secures Flotel Contract for Malikai Project

Sea Trucks Group has been awarded a contract from Sabah Shell Petroleum Company Limited for the provision of flotel services for the Malikai deepwater development project, located 100 kilometers off Sabah, Malaysia, at a water depth of around 500 meters. The platform is located within the area of the Block G Production Sharing Contract in the South China Sea. The scope of work consists of providing accommodation support services for 200 construction personnel. The contract will be for a period of two months, with options to extend.

Hornbeck Offshore Ride High on Q2 2014 Results

Hornbeck Offshore Services, Inc. has announced its financial results for the second quarter ended June 30, 2014. Vessel Counts:  As of June 30, 2014, excluding two inactive non-core vessels and two HOSMAX OSV newbuild deliveries that occurred in July 2014, the Company's operating fleet consisted of 56 new generation OSVs and four MPSVs. The forecasted Upstream vessel counts presented in this press release reflect the anticipated fiscal 2014 OSV and MPSV newbuild deliveries discussed below. The Company's active Upstream fleet for fiscal years 2014 and 2015 is expected to be comprised of an average of 58.0 and 67.6 new generation OSVs, respectively.