Oil And Gas Player News

There’s a new vessel design needling this competitive little shipping town. Still unknown in design circles, the “porpoise-nosed” TwinBow is brainchild to local start-up OilCraft and its wunderkind chief exec, Stian Teige, a self-taught computer renderer. His year-old outfit is going all out presenting designs to the savvy offshore shipping community centered on this picturesque fisheries town with a channel through it. Together with heavyweight joint venture partner LMG Marin — launcher of a thousand ships…

Singapore's Otto Marine says it has secured a long-term US$11.3-Million charter contract for its Anchor Handling Tug 'Go Emerald'. The owners inform that Go Emerald will be deployed for work on long term charter in West Australian waters for a renowned oil and gas player. Built in 2009, the vessel is a 2,800 bhp Anchor Handling Tug vessel of 423.6 dwt and with a 36.5 tons bollard pull. "The global offshore oil and gas industry is thriving, and we are pleased to see that Otto Marine is partaking in this positivity with a good charter contract momentum from around the world.