krogragg

Category: Norway

  • Fredriksen, Ofer and Wilhelmsen line up full fleet sale at Edda Wind

    Fredriksen, Ofer and Wilhelmsen line up full fleet sale at Edda Wind Offshore wind vessel owner Edda Wind has entered into agreements for the potential sale of its entire fleet of service operation vessels (SOVs) and commissioning service operation vessels (CSOVs), including units under construction. According to a stock exchange filing from Wilh Wilhelmsen, the…

  • Wallenius Wilhelmsen seals $190m contract renewal

    Wallenius Wilhelmsen seals $190m contract renewal Oslo-listed roro and logistics group Wallenius Wilhelmsen has renewed a shipping contract with a global automotive distributor, locking in an estimated net freight value of about $190m. The deal runs for two years firm and includes a one-year mutual extension option. It also features a fixed surcharge covering multi-fuel…

  • United European Car Carriers lifts newbuild tally to four

    United European Car Carriers lifts newbuild tally to four Oslo-based United European Car Carriers (UECC) is expanding its fleet with an order for two more eco-friendly car carriers in China. The shortsea roro operator, jointly owned by Wallenius Lines and Nippon Yusen Kaisha, has signed for a pair of 3,000 ceu vessels at China Merchants…

  • Probe into North Sea rig incident ends

    Probe into North Sea rig incident ends Norway’s state-owned energy giant Equinor has wrapped up its investigation into a well control incident that occurred on a semi-submersible rig working in the Norwegian sector of the North Sea. This incident is classified as being in the company’s highest category of severity. The post Probe into North…

  • Radziwill’s CTM adds firepower with new investors

    Radziwill’s CTM adds firepower with new investors Bermuda-domiciled dry bulk operator C Transport Maritime has brought Japan’s Tokyo Century Corporation and Norway’s Barque onto its register as new shareholders. As part of the deal, both investors have taken equity stakes in the company and appointed representatives to the board. Financial details were not disclosed. CTM…

  • NYK and Ocean Yield expand LNG carrier series to eight ships

    NYK and Ocean Yield expand LNG carrier series to eight ships Japan’s Nippon Yusen Kaisha (NYK) and Norwegian shipleasing specialist Ocean Yield have bolstered their LNG carrier programme after declaring options for additional newbuildings to serve long-term charters with Cheniere Energy. The partners have doubled their orderbook at HD Hyundai Heavy Industries to eight large…

  • Reach Subsea lands Equinor pipeline survey deal

    Reach Subsea lands Equinor pipeline survey deal Norwegian offshore services player Reach Subsea has secured a contract from Equinor, acting on behalf of gas infrastructure operator Gassco, to carry out external inspections on about 3,500 km of subsea pipelines. The work covers a large part of Gassco’s pipeline network in Norwegian waters and along export…

  • Eldorado outbids Saipem in drillship sale

    Eldorado outbids Saipem in drillship sale Norwegian rig owner Deep Value Driller has agreed to sell its seventh-generation drillship Deep Value Driller to Eldorado Drilling for $300m, after a last-minute higher bid derailed a previously announced deal with Italy’s Saipem. The company had announced earlier this month that it planned to sell the 2014-built ultra-deepwater…

  • Eidesvik wins PSV extension from Aker BP

    Eidesvik wins PSV extension from Aker BP Norwegian offshore vessel owner Eidesvik Offshore has secured a further contract extension from Aker BP for the platform supply vessel Viking Prince. The 2012-built PSV will remain on hire for about two more months, extending its current contract to the end of April. The latest award follows an…

  • DHT VLCC clocks $90,000 a day on one-year deal

    DHT VLCC clocks $90,000 a day on one-year deal A 14-year-old VLCC pulling in $90,000 per day would have raised eyebrows not long ago. In today’s market, it is the latest sign just how tight conditions have become for the world’s largest crude carriers. New York-listed owner DHT Holdings has fixed the 2012-built 320,000 dwt…

  • TotalEnergies books Havila’s platform supply vessel

    TotalEnergies books Havila’s platform supply vessel Norwegian offshore vessel operator Havila Shipping has signed a contract with TotalEnergies for the […] The post TotalEnergies books Havila’s platform supply vessel appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • TotalEnergies hires Havila Shipping platform supplier

    TotalEnergies hires Havila Shipping platform supplier Norwegian OSV owner Havila Shipping has secured a contract for one of its platform supply vessels (PSVs) with French energy giant TotalEnergies. According to an Oslo Børs filing, TotalEnergies’s Norwegian arm hired the Havila Herøy platform supplier for a period of 136 days. Havila Shipping added in the statement…

  • Halten Bulk doubles down on low-emission shortsea shipping

    Halten Bulk doubles down on low-emission shortsea shipping Norwegian shortsea specialist Halten Bulk has signed contracts for up to four 7,100 dwt self-discharging bulk carriers at Jiangsu Soho Marine Heavy Industry. The vessels will be built to the Norwegian Ship Design Company’s NSD 105CC design and fitted with rotor sails as part of a package…

  • Transocean adds $184m backlog through two semisub extensions

    Transocean adds $184m backlog through two semisub extensions Swiss-based offshore drilling giant Transocean has secured new deals for two of its harsh-environment semisubmersibles in Norway. The offshore driller said that the 2015-built Transocean Encourage was awarded a seven-well contract extension. The rig is currently working for an undisclosed operator in Norway. The contract is supposed…

  • Transocean rig duo staying longer on drilling gigs in Norwegian waters

    Transocean rig duo staying longer on drilling gigs in Norwegian waters Switzerland-based offshore drilling contractor Transocean has picked up multimillion-dollar extensions for two of its harsh environment semi-submersible rigs deployed off the coast of Norway. The post Transocean rig duo staying longer on drilling gigs in Norwegian waters appeared first on Offshore Energy. Melisa Cavcic…

  • TGS expands Gulf of Mexico footprint with new OBN campaign

    TGS expands Gulf of Mexico footprint with new OBN campaign Oslo-listed seismic data specialist TGS, in strategic collaboration with SLB, has announced the launch of Engagement 9, the latest phase of its ocean bottom node multi-client campaign in the Gulf of Mexico. Engagement 9 covers 161 OCS blocks in the Walker Ridge protraction area, one…

  • Eidesvik secures fresh Equinor extension for long-serving PSV

    Eidesvik secures fresh Equinor extension for long-serving PSV Norway’s Eidesvik Offshore has been awarded a charter extension from compatriot energy giant Equinor for one of its large platform supply vessels (PSV). The extension was awarded to the 5,700 dwt PSV Viking Avant. The extension will begin in direct continuation of the current charter. Eidesvik said…

  • NYK and Ocean Yield clinch LNG carrier deal with Cheniere

    NYK and Ocean Yield clinch LNG carrier deal with Cheniere Japan’s Nippon Yusen Kaisha (NYK), together with Norwegian shipleasing player Ocean Yield, has locked in long-term charter contracts for a series of new liquefied natural gas carriers with US LNG heavyweight Cheniere. The fixture confirms market talk that emerged in December when NYK and Ocean…

  • Floatel firms up vessel deal in Brazil

    Floatel firms up vessel deal in Brazil Oslo’s Floatel has firmed up Floatel Victory for another Brazil maintenance and safety unit (MSU) run with Brava Energia, extending the flotel’s South American stay. Floatel International said it has converted an October letter of intent into a six-month firm contract for the unit. The 2013-built semisub starts…

  • Fresh petroleum discovery sees light of day in North Sea

    Fresh petroleum discovery sees light of day in North Sea Norway’s oil and gas company OKEA has made a petroleum discovery in the North Sea off the coast of Norway. The post Fresh petroleum discovery sees light of day in North Sea appeared first on Offshore Energy. Melisa Cavcic Go to offshore energy biz

  • Golden Energy cashes in with second PSV sale

    Golden Energy cashes in with second PSV sale Golden Energy Offshore Services has pushed through another platform supply vessel sale, continuing a clear effort to strengthen its balance sheet. The Norwegian owner said its subsidiary has struck a deal to sell the PSV Energy Partner for $27.25m, with completion expected in mid-February. The transaction is…

  • Atlantica Shipping re-enters dry bulk

    Atlantica Shipping re-enters dry bulk Atlantica Shipping has marked its return to the dry bulk sector with the delivery of a kamsarmax bulker, ending a brief period as an offshore-only outfit. The Oslo-based company has taken delivery of the 2011-built kamsarmax Atlantica Star, which recently joined the fleet. The vessel will be placed under technical…

  • Frontline fixes seven VLCCs at near-$77,000 a day

    Frontline fixes seven VLCCs at near-$77,000 a day Frontline has locked in one-year time charters for seven of its VLCCs at rates not seen in decades, underlining just how hot the crude tanker market has become. The New York- and Oslo-listed owner said the charters will run for 12 months, starting between late January and…

  • Western Bulk launches lumber and project cargo unit in Bergen

    Western Bulk launches lumber and project cargo unit in Bergen Norwegian dry bulk operator Western Bulk has created a new lumber and projects team based in Bergen. The company said that it marked an important step in the expansion of its commercial platform and the focus on developing strong niche capabilities alongside its core bulk…

  • Three Seadrill rigs line up jobs in Malaysia, Norway, and Brazil

    Three Seadrill rigs line up jobs in Malaysia, Norway, and Brazil Seadrill, an offshore drilling contractor, has secured work assignments for a drillship and a jack-up rig off the coasts of Malaysia and Norway, alongside a contract extension for another drillship deployed in Brazilian waters. The post Three Seadrill rigs line up jobs in Malaysia, Norway,…

  • Modec taps DOF for FPSO mooring gig off Guyana

    Modec taps DOF for FPSO mooring gig off Guyana Norwegian offshore vessel owner DOF has won a turn-key contract award with Modec’s Guyana arm for the provision of mooring pre-lay for the Hammerhead FPSO project offshore Guyana. DOF’s North America subsea team will provide in-house project management, engineering, procurement, logistics, transportation and installation utilising DOF’s…

  • Nordic American Tankers firms up Korean yard choice with Daehan deal

    Nordic American Tankers firms up Korean yard choice with Daehan deal Nordic American Tankers has firmed up its move into new steel, signing contracts for two suezmax newbuildings in South Korea as the New York-listed owner continues to reshape its fleet. The Herbjørn Hansson-led company said the previously announced preliminary agreements have now been converted…

  • Zero-emission bulker bound for Norwegian coastal trade

    Zero-emission bulker bound for Norwegian coastal trade Norwegian coastal owner K. Sætre Rederi has ordered a new all-electric dry cargo vessel, doubling down on zero-emission operations along the Norwegian coast. The 70-m ship has been contracted at Dutch yard Royal Bodewes, with delivery scheduled for March 2028. At the same time, Sætre has secured a…

  • Barents Sea oil discovery’s potential strengthened by appraisal ops

    Barents Sea oil discovery’s potential strengthened by appraisal ops Vår Energi, a Norwegian oil and gas operator, has finished drilling an appraisal well related to an oil discovery in the Barents Sea, confirming reservoir quality and adding recoverable volumes. The post Barents Sea oil discovery’s potential strengthened by appraisal ops appeared first on Offshore Energy. Melisa Cavcic Go…

  • North Sea drilling ops on Equinor’s agenda for this month

    North Sea drilling ops on Equinor’s agenda for this month Norway’s state-owned energy giant Equinor has received a drilling permit from the Norwegian Offshore Directorate (NOD) for a wildcat well in the Norwegian sector of the North Sea. The post North Sea drilling ops on Equinor’s agenda for this month appeared first on Offshore Energy.…

  • Equinor taps Archer for deepwater P&A work in Gulf of Mexico

    Equinor taps Archer for deepwater P&A work in Gulf of Mexico Norwegian offshore service provider Archer, in collaboration with SLB, has been awarded an integrated plug and abandonment contract with Equinor for the Titan platform in the Gulf of Mexico. The service offerings under the contract include project management, well engineering, provision of a compact…

  • Fredriksen goes back to Hengli for two more VLCCs

    Fredriksen goes back to Hengli for two more VLCCs John Fredriksen has returned once again to China’s Hengli Shipbuilding, adding more VLCC tonnage as the shipping tycoon keeps pressing ahead with fleet renewal. Fredriksen’s private investment arm, Seatankers Management, has contracted two 306,000 dwt crude carriers at the Dalian-based yard. Chinese-listed ST Songfa confirmed that…

  • Akastor unit DDW Offshore offloads AHTS

    Akastor unit DDW Offshore offloads AHTS Akastor-backed DDW Offshore has completed the sale of its anchor handler Skandi Atlantic, closing a deal worth $22.75m as the Norwegian owner continues to streamline its offshore fleet. The Oslo-listed oil-services investment group said the transaction was finalised today following charterer consent, which was a condition for completion. Proceeds…

  • Himalaya Shipping seals fresh index-linked deal

    Himalaya Shipping seals fresh index-linked deal Oslo-listed Himalaya Shipping has fixed one of its newcastlemax vessels on a fresh time charter, locking in improved earnings. The Tor Olav Troim-backed owner said the 2023-built Mount Ita has been chartered for a period of 11 to 14 months. The new contract is due to kick in during…

  • Frontline refreshes VLCC fleet in $2bn overhaul

    Frontline refreshes VLCC fleet in $2bn overhaul John Fredriksen’s tanker giant Frontline is rolling out a $2bn-plus VLCC fleet revamp, selling older tonnage while lining up a slate of latest-generation newbuildings. The New York- and Oslo-listed owner has agreed to sell eight first-generation VLCCs, built between 2015 and 2016, for a total consideration of $831.5m.…

  • Solstad adds $15m as Petrobras extends AHTS contract

    Solstad adds $15m as Petrobras extends AHTS contract Solstad Offshore has agreed revised terms with Petrobras for the anchor handling tug supply vessel Normand Turquesa, extending the ship’s current work and pushing back the start of a previously announced long-term charter. The Norwegian offshore owner said the existing contract for the 2007-built AHTS has been…

  • Equinor awards $10bn in contracts for facility maintenance

    Equinor awards $10bn in contracts for facility maintenance Norwegian energy major Equinor has awarded framework agreements to seven supplier companies with a total value of nearly $10bn (NOK 100bn). Equinor awarded twelve new framework agreements for maintenance and modifications on the company’s offshore installations and onshore plants. The agreements commence in the first half of…

  • $10 billion awards spree: Seven players split Equinor’s multibillion-dollar contracts’ cake

    $10 billion awards spree: Seven players split Equinor’s multibillion-dollar contracts’ cake Equinor has handed out multiple framework agreements to seven Norwegian supplier companies, including Aibel, Aker Solutions, Wood, Rosenberg Worley, Head Energy, Apply, and IKM Gruppen with a total value of around NOK 100 billion (approximately $9.9 billion). The post $10 billion awards spree: Seven players…

  • Aker Solutions to trim over 500 jobs amid slower maket

    Aker Solutions to trim over 500 jobs amid slower maket Aker Solutions is moving to cut costs and adjust capacity after several years of record-high workload, with the Norwegian engineering group expecting activity to ease in 2026 compared with 2025. The company said it will reduce headcount in parts of the business to match the…

  • Transocean scores $168m worth of deals from BP and Equinor

    Transocean scores $168m worth of deals from BP and Equinor Swiss-based offshore drilling giant Transocean has won a new contract and an extension for two of its drilling rigs. In Brazil, the 2011-built drillship Deepwater Mykonos was awarded a contract with giant BP. The rig is currently working for Petrobras. The firm part of the…

  • Transocean rig pair picks up multimillion-dollar gigs with BP and Equinor

    Transocean rig pair picks up multimillion-dollar gigs with BP and Equinor Transocean, an offshore drilling giant, has secured more drilling work for two mobile offshore drilling units (MODUs) off the coasts of Brazil and Norway. The post Transocean rig pair picks up multimillion-dollar gigs with BP and Equinor appeared first on Offshore Energy. Melisa Cavcic…

  • Scottish firm to deliver 60-ton subsea structure to Norwegian oil & gas operator

    Scottish firm to deliver 60-ton subsea structure to Norwegian oil & gas operator Scotland-headquartered engineering and design company T12 Engineering is set to design and manufacture a […] The post Scottish firm to deliver 60-ton subsea structure to Norwegian oil & gas operator appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • DOF wins $150m ROV support vessel contract in Brazil

    DOF wins $150m ROV support vessel contract in Brazil Norwegian offshore vessel owner DOF has secured another long-term contract in Brazil, adding a four-year deal with Petrobras for the ROV support vessel Skandi Commander. The Oslo-listed company said the award follows the same competitive tender process that earlier delivered six four-year RSV contracts. The latest…

  • DHT trims vintage tonnage with twin VLCC sale

    DHT trims vintage tonnage with twin VLCC sale Supertanker specialist DHT Holdings has struck a deal to sell two of its three oldest VLCCs, continuing a steady refresh of its fleet as asset values remain firm. The New York-listed owner is shipping out the 2007-built DHT China and DHT Europe for a combined price of…

  • Saipem extends drillship charter and $300m purchase option deadline

    Saipem extends drillship charter and $300m purchase option deadline Norway-based Deep Value Driller has won an extension of the bareboat charter for a seventh-generation drillship of the same name from Italian offshore engineering and construction giant Saipem. Saipem has extended the charter of the 2014-built drillship Deep Value Driller, formerly known as Bolette Dolphin, for a firm…

  • LLOG awards installation work on US Gulf of Mexico field to Subsea7

    LLOG awards installation work on US Gulf of Mexico field to Subsea7 Offshore engineering and services player Subsea7 has won a deal from US exploration and production company LLOG Exploration for work on the Buckskin South Expansion project. The scope of work includes the transportation and installation of a subsea umbilical and a rigid flowline…

  • DOF lines up new APAC gigs for vessel tandem

    DOF lines up new APAC gigs for vessel tandem Norwegian offshore vessel owner DOF bags two new contracts in the Asia-Pacific region. The first deal is a three-year frame agreement for the provision of subsea inspection, maintenance, and repair services with associated assets in the APAC region. A call-off under the contract has also been…

  • Eidesvik Offshore lands PSV contract with DNO

    Eidesvik Offshore lands PSV contract with DNO Norwegian offshore vessel owner Eidesvik Offshore has secured a contract for one of its platform supply vessels (PSV). The company won a contract with DNO Norge, and its partners Sval Energi and Wellesley Petroleum, for the use of the 2012-built Viking Princess PSV. The deal covers a campaign…

  • DOF bags vessel awards across Americas, Africa and North Sea

    DOF bags vessel awards across Americas, Africa and North Sea Norwegian offshore vessel owner DOF has raked in a batch of new vessel contracts and an IMR deal with Shell in Trinidad and Tobago. The contracts will be executed primarily using DOF’s regional fleet during the fourth quarter of 2025 and the first quarter of…

  • Shearwater prepares new seismic campaign in Nigerian waters

    Shearwater prepares new seismic campaign in Nigerian waters Norwegian offshore seismic vessel player Shearwater Geoservices is preparing to send out one of its vessels for a new multi-client seismic project offshore Nigeria. According to the company, the 3D survey is backed by significant industry funding and will be executed in partnership with Harvex Geosolutions and…

  • Fredriksen’s SFL cashes in on oldest suezmaxes

    Fredriksen’s SFL cashes in on oldest suezmaxes John Fredriksen-backed SFL Corporation has agreed to sell two of its older suezmax tankers, continuing a selective reshuffle of its tanker portfolio. The US- and Oslo-listed owner said it will dispose of the 2015-built SFL Thelon and SFL Ottawa, both 160,000 dwt vessels currently on charter to Koch…

  • Integrated Wind Solutions adds to backlog with CSOV contract extensions

    Integrated Wind Solutions adds to backlog with CSOV contract extensions Integrated Wind Solutions has strengthened its forward orderbook after agreeing a two-year extension to a strategic contract with an existing client, tightening utilisation for its walk-to-work fleet into the next decade. The Oslo-listed company said the deal for its business unit IWS Fleet covers the…

  • Subsea7 and Equinor extend IMR deal for 2013-built vessel

    Subsea7 and Equinor extend IMR deal for 2013-built vessel Subsea7 and Equinor have agreed on an extension of their existing frame agreement covering […] The post Subsea7 and Equinor extend IMR deal for 2013-built vessel appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz

  • Norway’s Amon Bulk expands ammonia bulker scheme with three more kamsarmax newbuilds

    Norway’s Amon Bulk expands ammonia bulker scheme with three more kamsarmax newbuilds Norway’s Amon Bulk is pushing ahead with plans to build three ammonia-fuelled kamsarmax bulk carriers after securing NOK 298m ($27m) in investment grants from state energy agency Enova. The ships, each around 80,000–85,000 dwt, are designed to run on ammonia and to deliver…

  • Fifth chapter of North Sea oil project’s book now online

    Fifth chapter of North Sea oil project’s book now online Vår Energi, a Norwegian oil and gas operator, has put into production mode another addition to an oil project in the North Sea off the coast of Norway. The post Fifth chapter of North Sea oil project’s book now online appeared first on Offshore Energy. Melisa Cavcic…

  • Subsea7 scores Chevron contract off Australia

    Subsea7 scores Chevron contract off Australia Subsea7 has landed a sizeable new contract from Chevron Australia to carry out subsea installation work on the Gorgon stage 3 (GS3) project, offshore Western Australia. The Oslo-listed contractor said the award covers a full subsea scope at around 1,350 m water depth, including project management, engineering, procurement, fabrication,…

  • SSY buys Grieg Shipbrokers

    SSY buys Grieg Shipbrokers UK shipbroking group SSY has struck a deal to acquire Grieg Shipbrokers, adding one of Scandinavia’s longest-standing brokerage houses to its expanding global platform. The deal is set to take effect in January 2026, subject to customary conditions. Founded in 1884, Grieg Shipbrokers has built a strong position across gas, dry…

  • Hartmann and Heidelberg Materials link up on methanol-powered cement carriers

    Hartmann and Heidelberg Materials link up on methanol-powered cement carriers Germany’s Hartmann Group has teamed up with Heidelberg Materials Northern Europe to develop a new methanol-powered pneumatic cement carrier for high-frequency coastal service in Norway. The project includes an option for a second vessel and marks a major step in decarbonising cement transport along the…

  • Zamil Offshore takes over Remøy Shipping

    Zamil Offshore takes over Remøy Shipping Saudi Arabia’s Zamil Offshore Services Company (ZOSCO) has taken a decisive step into the Norwegian offshore market with the acquisition of Remøy Shipping for an undisclosed sum.T The deal, which also includes Rem Stadt and RS Crewing, secures the future of Remøy Shipping after more than a century under…

  • DeepOcean secures extended IMR deal with Equinor

    DeepOcean secures extended IMR deal with Equinor DeepOcean has strengthened its long-standing ties with Equinor after securing an extension to its subsea inspection, maintenance and repair (IMR) frame agreement. The renewal will keep the ocean services provider busy through 2026 and into 2027, using specialised IMR vessels and a wide suite of subsea capabilities. The…

  • Shell books Northern Ocean rig for Namibia campaign

    Shell books Northern Ocean rig for Namibia campaign Northern Ocean has secured more work for its semisubmersible rig with the signing of a contract with a Shell subsidiary for the Deepsea Mira, which will start drilling offshore Namibia in April 2026. The deal covers one firm exploration well with an option for a second. The…

  • Knutsen books new LNG carrier at Hanwha Ocean backed by Edison charter

    Knutsen books new LNG carrier at Hanwha Ocean backed by Edison charter Norway’s Knutsen Group has firmed up another LNG newbuild in South Korea, ordering a 174,000 cu m carrier at Hanwha Ocean on the back of a long-term charter deal with Italy’s Edison. The contract will see the vessel deliver and begin its charter…

  • Mintra moves deeper into Greek maritime market with SQLearn acquisition

    Mintra moves deeper into Greek maritime market with SQLearn acquisition Norway’s Mintra has strengthened its position in maritime e-learning with the acquisition of Greek digital training specialist SQLearn, marking another step in its push to support the sector’s ongoing shift toward digital learning and competency management. Mintra said the deal adds scale and depth to…

  • Klaveness Combination Carriers seals long-term contract of affreightment with Alunorte

    Klaveness Combination Carriers seals long-term contract of affreightment with Alunorte Klaveness Combination Carriers has secured a new long-term contract of affreightment with Brazil’s Alunorte, extending the Norwegian owner’s presence in the alumina supply chain. The 32-month deal, starting in March 2026, will see KCC move caustic soda solution to Alunorte’s refinery. The work will be…

  • Grieg Connect lands Finnish port management specialist Wellamo Data

    Grieg Connect lands Finnish port management specialist Wellamo Data Norway’s Grieg Connect is widening its Nordic reach with the acquisition of Wellamo Data, a long-established Finnish provider of port-management information systems. The move gives the Bergen-based digital solutions specialist its first foothold in mainland Finland as it pushes to build a unified PMIS offering across…

  • Wallenius Wilhelmsen locks in nearly $500m in contract extensions

    Wallenius Wilhelmsen locks in nearly $500m in contract extensions Wallenius Wilhelmsen has extended two major shipping contracts that together carry an estimated added value close to $500m. Chief customer officer Pia Synnerman said the renewals underscore “long and strong standing partnerships with shared commitment towards zero emissions and developing integrated supply chains”. The first agreement,…

  • FPSO player BW Offshore weighs options

    FPSO player BW Offshore weighs options Floater specialist BW Offshore has confirmed it is carrying out a limited strategic review, responding to ongoing market rumours. The Oslo-listed company said it has hired Pareto Securities to support the process as it assesses “potential options”, adding that it will provide updates when appropriate. BW Offshore is one…

  • Flex LNG confirms Marius Foss as permanent CEO

    Flex LNG confirms Marius Foss as permanent CEO Flex LNG has appointed Marius Foss as chief executive officer, confirming him in the role after several months as interim CEO. Foss has also served as the company’s chief commercial officer. Foss joined the LNG carrier owner in 2018 and has since played a key role in…

  • Double win for Equinor in North Sea as two gas and condensate discoveries spring up

    Double win for Equinor in North Sea as two gas and condensate discoveries spring up Norway’s state-owned oil and gas giant Equinor has made two new discoveries of gas and condensate in the Sleipner area of the Norwegian sector of the North Sea, which it describes as its largest finds so far this year. The…

  • Fresh oil discovery in Barents Sea comes to light

    Fresh oil discovery in Barents Sea comes to light Vår Energi, an independent upstream oil and gas company on the Norwegian Continental Shelf (NCS), has made a new oil discovery off the coast of Norway, with a semi-submersible rig owned by COSL Drilling Europe. The post Fresh oil discovery in Barents Sea comes to light…

  • 28-year-old FPSO secures life extension beyond 2030 as oil flows from subsea tie-back

    28-year-old FPSO secures life extension beyond 2030 as oil flows from subsea tie-back Norwegian state-owned energy giant Equinor has prolonged the lifespan of a floating production, storage, and offloading (FPSO) unit by expanding its active duty past 2030 with a subsea template tied back to the vessel via a new tubing off the coast of…

  • Havila Shipping scores fresh Equinor PSV extension

    Havila Shipping scores fresh Equinor PSV extension Havila Shipping has secured more work with Equinor after the Norwegian energy major exercised fresh options on one of the owner’s platform supply vessels. The latest extension covers the PSV Havila Foresight, keeping the 2008-built ship on charter until January 2027. Equinor also holds a further one-year option…

  • TGS bags European OBN contract

    TGS bags European OBN contract TGS has secured a new ocean-bottom node (OBN) contract in Europe, marking the company’s first firm award for the 2026 acquisition season. The Oslo-listed seismic group said its node-on-a-rope crew will mobilise in early May 2026 for a programme expected to run for about 60 days. The job comes from…

  • Østensjø Rederi orders hybrid offshore tug from Spanish yard

    Østensjø Rederi orders hybrid offshore tug from Spanish yard Norwegian offshore shipowner and operator Østensjø Rederi has signed a newbuild contract with Spanish shipbuilder Astilleros Gondán for the construction of a next-gen offshore tug. The newbuild, a Skipsteknisk ST 933 design, will be the largest and most powerful tug in Østensjø’s fleet. It is scheduled…

  • Diana offloads stalled ultramax

    Diana offloads stalled ultramax Diana Shipping has managed to seal a long-delayed exit from an ultramax after a previous sale collapsed, while also locking in a higher-paying charter for one of its capesizes. The New York-listed owner said the 2016-built 63,500 dwt DSI Drammen has been sold to an unrelated buyer for about $26.4m before…

  • Aasen Shipping adds another hybrid methanol-ready bulker at Bodewes

    Aasen Shipping adds another hybrid methanol-ready bulker at Bodewes Norway’s Aasen Shipping has expanded its orderbook once again, returning to Royal Bodewes for a sixth hybrid-powered, methanol-ready self-discharging bulk carrier. The Mosterhamn-based owner has signed up for another 119.95 m vessel at the Dutch yard, following its series of five 9,400 dwt battery-hybrid self-dischargers ordered…

  • Odfjell and Nissen Kaiun team up in new chemical tanker venture

    Odfjell and Nissen Kaiun team up in new chemical tanker venture Norwegian chemical tanker owner Odfjell has joined forces with Japanese shipping major Nissen Kaiun to launch a new Bergen-based joint venture for operating stainless-steel chemical tankers. The new company, Odfjell Hakata Maritime, will pool 10 modern chemical tankers contributed equally by the two partners.…

  • DeepOcean scores UK subsea contract

    DeepOcean scores UK subsea contract DeepOcean has secured a new contract on the UK continental shelf to deliver subsea construction and tie-in work for a field that will be developed as a subsea tieback to an existing host facility. The job covers the installation of a flexible production riser, a flowline and an umbilical linking…

  • One-year encore for Odfjell Drilling’s rig with Norwegian oil & gas operator

    One-year encore for Odfjell Drilling’s rig with Norwegian oil & gas operator Odfjell Drilling, a 52-year-old offshore drilling player, has secured a contract extension with Norway’s oil and gas player Aker BP for a 2019-built semi-submersible rig, which is on a drilling assignment on the Norwegian Continental Shelf (NCS). The post One-year encore for Odfjell Drilling’s…

  • Transocean rig trio staying longer in South America and Europe

    Transocean rig trio staying longer in South America and Europe Transocean, an offshore drilling giant, has lined up more work off the coasts of Brazil, Norway, and Romania for one of its drillships and two semi-submersible rigs. The post Transocean rig trio staying longer in South America and Europe appeared first on Offshore Energy. Melisa…

  • MPCC adds $232m quartet of boxship newbuilds

    MPCC adds $232m quartet of boxship newbuilds MPC Container Ships has moved again to refresh its fleet, signing up for four 4,500-teu newbuildings in China backed by long-term employment. The Oslo-listed tonnage provider confirmed it has struck a deal with Jiangsu Hantong Ship Heavy Industry for the quartet, with deliveries set to begin in the…

  • 2020 Bulkers offloads remaining newcastlemaxes

    2020 Bulkers offloads remaining newcastlemaxes 2020 Bulkers has agreed to sell its last two newcastlemaxes, wrapping up the monetisation of a fleet-building programme that started eight years ago. The Oslo-listed owner said it has signed deals with an undisclosed buyer for the 2020-built Bulk Sydney and Bulk Santos at a combined price of $145.5m. The…

  • Odfjell Drilling eyes long-term cover with new semisub deal

    Odfjell Drilling eyes long-term cover with new semisub deal Oslo-listed semisub player Odfjell Drilling has lined up more long-term work for its owned rig Deepsea Aberdeen, signing a letter of intent with an undisclosed client that would keep the harsh-environment unit busy into 2029. The LOI covers a programme starting in late 2026, directly after…

  • DeepOcean secures Equinor subsea deal

    DeepOcean secures Equinor subsea deal Norwegian ocean services player DeepOcean has secured a contract from Equinor for subsea construction and installation work on the Snorre export and import gas (SNEIG) project, with offshore execution set for 2026. The SNEIG development forms part of Equinor’s wider Snorre expansion project, designed to extend the production life of…

  • India’s revived yard lands $220m Norwegian chemical tanker deal

    India’s revived yard lands $220m Norwegian chemical tanker deal Swan Defence and Heavy Industries (SDHI) has secured its first major shipbuilding deal since taking over and reviving the Pipavav shipyard, signing a letter of intent (LoI) with Norway’s Rederiet Stenersen for the construction of six 18,000 dwt chemical tankers worth about $220m. The agreement includes…

  • Svitzer takes majority stake in Norway’s Bukser og Berging

    Svitzer takes majority stake in Norway’s Bukser og Berging Danish towage giant Svitzer has acquired a 66.6% stake in Norwegian towage and marine services company Buksér og Berging (BOB). The deal, which remains subject to final regulatory approvals, will see BOB continue operating as an independent company under its own brand, management, and strategy. Chief…

  • DeepOcean and Jana Marine team up for Middle East subsea joint venture

    DeepOcean and Jana Marine team up for Middle East subsea joint venture Norway’s DeepOcean and Saudi Arabia-based Jana Marine Services have penned a deal to form a joint venture targeting the offshore subsea market in the Middle East. The new company, to be named JADE Subsea Services, will provide integrated subsea construction, inspection, maintenance and…

  • TGS secures multi-year survey agreement with Chevron

    TGS secures multi-year survey agreement with Chevron Oslo-listed seismic data specialist TGS and US supermajor Chevron have signed a three-year capacity agreement for marine streamer and OBN acquisition services. The minimum firm commitment under the three-year term of the capacity agreement is 18 months of a combination of OBN and streamer acquisition services. The two…

  • Nordic American Tankers readies suezmax newbuilds in South Korea

    Nordic American Tankers readies suezmax newbuilds in South Korea Nordic American Tankers (NAT) is heading back to South Korea for fresh tonnage, with a letter of intent signed for two suezmax newbuilds worth about $86m apiece. The Herbjørn Hansson-led company said deliveries are planned for the second half of 2028, with a final shipbuilding contract…

  • Equinor extends Aker Solutions inspection services deal to 2030

    Equinor extends Aker Solutions inspection services deal to 2030 Norway’s Aker Solutions has won a four-year contract extension to provide onshore and offshore inspection services for compatriot Equinor. The extension follows the Norwegian energy giant’s decision to exercise an option included in the current agreement. Under the extension, Aker Solutions will continue to deliver inspection…

  • KNOT moves to take KNOT Offshore Partners private

    KNOT moves to take KNOT Offshore Partners private New York-listed shuttle tanker owner KNOT Offshore Partners (KNOP) has received a buyout proposal from its parent company, Knutsen NYK Offshore Tankers AS (KNOT), aiming to acquire all publicly held common units and take the New York-listed partnership private. The unsolicited, non-binding offer proposes a cash consideration…

  • Eidesvik secures PSV extensions with Aker BP

    Eidesvik secures PSV extensions with Aker BP Norwegian offshore vessel owner Eidesvik Offshore has secured a one-year extension for its platform supply vessel Viking Lady with Aker BP, keeping the ship on contract until February 2027. The extension follows directly after the current deal expires in early 2026. The original three-year charter was awarded in…

  • Havila vessel gets more time with OceanPact

    Havila vessel gets more time with OceanPact Norwegian offshore vessel owner Havila Shipping has secured a contract extension with OceanPact for its subsea vessel Havila Harmony. The 2005-built vessel will remain with the Brazilian offshore vessel owner and services provider on a bareboat charter until the end of 2026. The financial terms of the latest…

  • Bruton firms up VLCC order at New Times Shipbuilding

    Bruton firms up VLCC order at New Times Shipbuilding Tor Olav Trøim-backed Bruton has finalised contracts with New Times Shipbuilding in China for two scrubber-fitted VLCC newbuildings, with options for two more of the same design. The Oslo-listed company said the deal was concluded through its wholly owned subsidiary Andes Tankers III, which has now…

  • Floatel extends Brazil run with fresh vessel deal

    Floatel extends Brazil run with fresh vessel deal Oslo-based offshore accommodation specialist Floatel International has secured another letter of intent (LOI) for the Floatel Victory, extending the unit’s upcoming campaign offshore Brazil. The 2013-built semisubmersible accommodation unit has been lined up to provide maintenance and safety unit (MSU) services for a 6–7-month assignment starting in…

  • 2020 Bulkers banks $72m as fleet sell-off rolls on

    2020 Bulkers banks $72m as fleet sell-off rolls on Oslo-listed 2020 Bulkers has extended its fleet sell-off with the disposal of another newcastlemax bulker. The Norwegian owner, set up by Tor Olav Trøim, said it has agreed to sell the 2020-built 208,000 dwt Bulk Sao Paulo for $72.75m to an undisclosed buyer. The company will…

  • Grieg Maritime winds down ship recycling arm

    Grieg Maritime winds down ship recycling arm Norway’s Grieg Green, the ship recycling and ESG advisory arm of Grieg Maritime Group, is closing down after 15 years of operation, citing tough market conditions and rising competition that make it difficult for premium service providers to stay viable. The Bergen-based company said the decision, effective immediately,…

  • Petrobras hires two more DOF vessels

    Petrobras hires two more DOF vessels Norwegian offshore vessel owner DOF has won two long-term contracts in Brazil with state-owned oil firm Petrobras. Petrobras hired the 2005-built Skandi Chieftain and the 2009-built Skandi Olympia on a four-year contract. The two contracts have a combined value of approximately $200m. Both vessels will operate with one work-class…

  • Aurora Offshore scores Harbour Energy PSV fixture

    Aurora Offshore scores Harbour Energy PSV fixture Borealis Maritime’s offshore vessel arm, Aurora Offshore, has secured long-term employment for one of its platform supply vessels. Brokers report the 2021-built Aurora Cooper fixed to Harbour Energy for six months plus multiple extension options, with the charter starting this month. Dayrates for the LNG dual-fuel battery hybrid…

  • DOF nets $60m North America contract haul

    DOF nets $60m North America contract haul Norwegian offshore vessel owner and services player DOF Group has picked up a string of new contracts in North America worth more than $60m, securing over 300 vessel days with further options attached. The work will be carried out by vessels already positioned in the region, covering subsea,…