Search results for: BOA Offshore

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A list of search results

  • 27 April 2018
    Operations & Maintenance, Project & Tenders

    BOA’s offshore construction vessel (OCV) BOA Sub C has begun a five-month contract with Adwen.

  • 17 February 2016

    Boa Offshore, a provider of offshore services for the oil and has industry, has been repaid a full amount of the advance payments for the cancelled offshore vessel order in China. To remind, Boa PSV, a subsidiary of Boa Offshore, in May 2013 signed a contract with Nantong Mingde Heavy Industry in China for two multi-purpose support vessels, but […]

  • 10 March 2015
    Business & Finance

    BOA Offshore’s subsidiary BOA IMR AS has entered, with certain conditions, into a shipbuilding contract for a light construction / IMR vessel with NorYards Fosen AS. The delivery is scheduled for spring 2017 from NorYards’ yard in Fosen, Norway. The vessel with main dimensions of 108 x 24 meters is designed by NorYards in cooperation […]

  • 9 February 2016
    Business & Finance

    Boa Offshore has received a 50 percent of the principal amount of the advance payments it had paid for the now cancelled offshore vessel order in China. To remind, Norwegian-based offshore supply vessel owner and operator Boa PSV AS, a subsidiary of Boa Offshore, in May 2013 signed a contract with Nantong Mingde for two multi-purpose […]

  • 30 May 2019
    Business & Finance

    Norwegian offshore supply vessel owner Boa Offshore has said that the short-term picture in the offshore sector remains challenging as demand is recovering from a very low level. The situation in the North Sea AHTS spot market also remains challenging and the outlook uncertain. Boa has two AHTS vessels in lay-up. Boa Offshore AS is […]

  • 21 February 2017

    Norwegian-based offshore supply vessel owner Boa Offshore has received payment related to a canceled charter by Gulmar Offshore for its former vessel Boa Rover.  The company’s 100% owned subsidiary, Boa Shipping, received approximately $16 million as dividend on its claim against Gulmar Offshore Middle East Co LLC, Boa Offshore informed on Tuesday. The accounting effect is a gain of […]

  • 30 November 2016
    Business & Finance

    Boa Offshore, the Norwegian offshore vessel owner, has embarked on a financial restructuring of the group’s business and balance sheet, which will be presented to the financial creditors of the company. The company said that the financial situation has become worse than expected a few months ago, due to the weakened OCV market, the sales […]

  • 10 March 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    BOA IMR AS, a BOA Offshore AS subsidiary, has entered with certain conditions, into a shipbuilding contract for a light construction / IMR vessel with NorYards Fosen AS, with delivery scheduled for spring 2017 from its yard in Fosen, Norway. The vessel with main dimensions of 108 x 24 meters is designed by NorYards in […]

  • 30 November 2016
    Business & Finance

    Norwegian offshore services provider Boa Offshore has initiated a financial restructuring process due to difficult financial situation and severe liquidity position.  In an Oslo Stock Exchange filing on Tuesday, Boa Offshore informed that the financial situation of Boa Offshore and its subsidiaries has become significantly worse than anticipated only a few months ago. This is mainly […]

  • 29 November 2013
    Business & Finance

    Boa Offshore AS is contemplating to issue a new unsecured bond loan in the Norwegian bond market with maturity in December 2018.   The purpose of the loan is refinancing of existing debt and for general corporate purposes. In conjunction with the contemplated bond issuance, Boa Offshore AS will consider buying back bonds maturing in […]

  • 25 September 2015
    Business & Finance

    Boa IMR AS, a majority owned subsidiary in the Boa Offshore group, has now sent a cancellation notice of the shipbuilding contract for an IMR/OCV vessel with Noryards Fosen AS in Norway.  The company ordered a light construction / IMR vessel with NorYards in March 2015. The contractual delivery date of the vessel was March 2017. According to […]

  • 7 October 2019
    Business & Finance

    The M/S Osfjord wreck was cut up into six sections, that were then transported to a scrap yard.

  • 16 June 2020
    Project & Tenders, Vessels

    BOA’s offshore construction vessel (OCV) BOA Sub C has secured a contract with DEME Offshore for work on the Moray East offshore wind project in Scotland. Under the contract, which began on 15 June, the vessel’s scope of work includes accommodation, walk-to-work with Ampelmann gangway system, grouting and ROV inspection and survey. According to BOA, there are […]

  • 10 March 2016
    Project & Tenders

    Norwegian offshore services player, BOA Offshore, has, through its subsidiary BOA OCV AS, secured two additional contracts in West Africa , following the completion of a subsea installation campaign, by the construction vessel BOA Sub C. The two contracts are for a combined period of up to 130 days including options. The Boa Sub C, with a length 138.5 […]

  • 25 July 2019

    Seismic vessel operator SeaBird Exploration has completed the acquisition of the second vessel from Norwegian vessel owner BOA Offshore, the BOA Galatea. SeaBird announced its intention to buy two vessels from BOA Offshore – the BOA Thalassa and BOA Galatea – back in April 2019. The final agreement was reached in late May. SeaBird closed […]

  • 12 September 2014
    Business & Finance, Equipment

    Boa Offshore has chosen ABB Turbocharging’s proactive Maintenance Management Agreement for servicing of turbochargers aboard four of its vessels, ensuring on-time servicing at agreed prices with a minimum of administration. ABB Turbocharging has announced a further success for its MMA Maintenance Management Agreement, which gives turbocharger end users desiring close service support the chance to […]

  • 10 April 2014
    Business & Finance

    NFDS Offshore 2 AS has entered into a shipbuilding contract to finalize a large anchor handling tug supply vessel (AHTS) with NorYards Fosen AS. The contract is conditional on the planned finalization of the asset transfer agreement between Bergen Group ASA and Calexco S.a.r.l. The work will be performed at NorYards Fosen AS (Bergen Group […]

  • 14 October 2019
    Business & Finance

    Norwegian offshore supply vessel owner Boa Offshore has turned its attention to the defense sector amid instability and challenges in the North Sea spot market.

  • 15 October 2015
    Business & Finance

    Norwegian shipyard group Noryards AS reported that its Fosen-based subsidiary – Noryards Fosen AS – decided to file for bankruptcy at the Fosen District Court. The final nail in Noryards Fosen AS’ coffin was the cancellation of a shipbuilding contract by Boa IMR AS on September 23. The contract for one inspection maintenance and repair (IMR) vessel was signed back in March, and […]

  • 15 October 2015
    Business & Finance

    Norwegian shipyard group Noryards AS reported that its Fosen-based subsidiary – Noryards Fosen AS – decided to file for bankruptcy at the Fosen District Court. The final nail in Noryards Fosen AS’ coffin was the cancellation of a shipbuilding contract by Boa IMR AS on September 23. The contract for one inspection maintenance and repair (IMR) vessel was signed back in March, and […]

  • 21 February 2017

    Boa Shipping , a wholly owned subsidiary of Norwegian shipowner Boa Offshore, has received approximately USD 16 million as dividend on its claim against Gulmar Offshore Middle East. Namely, the claim relates back to 2009 when the charter contract for the vessel Boa Rover was cancelled and disputed by Boa Shipping. The accounting effect is […]

  • 10 April 2014
    Business & Finance

    NFDS Offshore 2 AS has entered into a shipbuilding contract to finalize a large anchor handling tug supply vessel (AHTS) with NorYards Fosen AS. The contract is conditional that the asset transfer agreement between Bergen Group ASA and Calexco S.a.r.l. is finalized as planned. The work will be performed at NorYards Fosen AS (Bergen Group Fosen AS). The hull will be […]