
Cotemar Seeks $59.4 Million Asset Attachment Against ABSG Consulting
Cotemar is seeking attachment of up to $59.4 million in ABSG Consulting assets in New York as it pursues enforcement of a Mexican court judgment over unpaid offshore work.

Cotemar is seeking attachment of up to $59.4 million in ABSG Consulting assets in New York as it pursues enforcement of a Mexican court judgment over unpaid offshore work.

Hornbeck Offshore Services and Helix Energy Solutions Group completed their all-stock merger, with the combined company taking the Hornbeck name and NYSE ticker HOS.

Cotemar has filed a New York action seeking recognition of a Mexican judgment against ABSG Consulting, with its claim reaching $59.4 million including interest.

DOF Group ASA has secured two APAC subsea contracts covering vessel deployment, subsea services and project support, with offshore work scheduled during 2026 and 2027.

Vår Energi has awarded THREE60 Energy a four-year project support agreement for Norwegian Continental Shelf work, covering drilling, wells and subsurface activities.

Bourbon secured a long-term offshore services agreement in the Philippines, including deployment of Bourbon Liberty 237 and conversion work for methanol transport.

Helix and Hornbeck agree to an all-stock merger, forming a larger offshore services company with subsea, vessel, and deepwater capabilities.

FPSO Ventures has brought the FSO Suksan Salamander into service in Thailand, adding to its local fleet and supporting broader offshore operating capability in the market.

Subsea7 CEO John Evans exits on 30 June after 40 years with the group; Seaway7 head Stuart Fitzgerald steps in on 1 July and is also proposed for the Saipem7 set-up if the deal completes.
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