Category: Offshore
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Offshore Vessel News Roundup | March 5 – UK crewboat deliveries, UAE OSV orders and more
Deliveries include three crewboats for operation in the UK and a turbine installation vessel for a Danish owner. Orders for OSVs have meanwhile been placed with builders in India and Malaysia. UK’s Mainprize Offshore takes delivery of two semi-SWATH crewboats One of the two semi-SWATH crewboats delivered to Mainprize OffshoreUK operator Mainprize Offshore recently took…
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Turkish Petroleum awards Black Sea gas field tie-back deal to Subsea7
Turkish Petroleum awards Black Sea gas field tie-back deal to Subsea7 Offshore engineering and services player Subsea7 has won a variation order from the Turkish Petroleum Offshore Technology Centre (TP-OTC) for the Sakarya field development in the Black Sea, offshore Turkey. The award represents an extension to the contract announced by Subsea7 in August last…
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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…
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Brazilian OSV giants OceanPact and CBO to merge
Brazilian OSV giants OceanPact and CBO to merge Brazilian offshore vessel owners OceanPact and CBO Group are set to combine their businesses in a move that will mark one of the most significant consolidation moves in Brazil’s offshore support vessel market in recent years. The companies said in a regulatory filing that the transaction will…
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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…
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Boskalis scores cabling work on German offshore wind farm
Boskalis scores cabling work on German offshore wind farm Dutch dredging contractor and marine services provider Boskalis, in consortium with TKF Subsea Solutions, has signed a contract for the supply and installation of approximately 140 km of 66 kV inter-array cables for the Gennaker offshore wind farm in the German Baltic Sea. As part of…
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Seatrium doubles FY2025 net profit to over $250m
Seatrium has delivered net profit of SG$323.6 million (US$256.1 million) for the financial year ended December 31, 2025, a 106 per cent increase from SG$156.8 million (US$124.1 million) in the preceding financial year. Seatrium said the improved performance reflects disciplined project execution as well as margin expansion driven by improved operating leverage and series-build efficiencies,…
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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…
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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…
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Oregon maps four offshore wind futures, from zero build to 3GW
Oregon maps four offshore wind futures, from zero build to 3GW The US state of Oregon has unveiled a draft offshore wind roadmap outlining four potential futures off its deepwater west coast, from zero turbines to 3 GW of floating wind, with public input open until April 3. Gestating since June 2024, the Oregon Department…
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United Maritime cashes out of offshore vessel JV
United Maritime cashes out of offshore vessel JV Nasdaq-listed Greek bulker owner United Maritime has agreed to sell its stake in a Norwegian joint venture developing an energy construction vessel (ECV), locking in a profit as it reshuffles capital. The Stamatis Tsantanis-led spinoff of Seanergy Maritime said it will sell its equity interest for about…
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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…
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Jumbo Offshore completes mooring pre-installation for Errea Wittu FPSO
Jumbo Offshore completes mooring pre-installation for Errea Wittu FPSO Schiedam, Netherlands-headquartered Jumbo Offshore has completed mooring pre-installation activities for the FPSO Errea Wittu for Exxon Mobil Guyana Ltd. at Uaru Field, Stabroek Block, offshore Guyana. Jumbo Offshore awarded FPSO mooring pre-installation contract The scope of work, carried out on behalf of Modec, under a contract…
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CSM Energy takes delivery of newbuild PSV
CSM Energy takes delivery of newbuild PSV Cyprus-headquartered CSM Group member CSM Energy reports that it has taken delivery of its first managed newbuild PSV. Named CL SPEC Lisa, the vessel is the first large PSV in the SPEC SPP40 series and was built for Sinopacific Engineering & Contracting (SPEC) at Chinese shipyard Nantong Rainbow…
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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…
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MISC wins contract to supply first-ever Papua New Guinea FSO
MISC wins contract to supply first-ever Papua New Guinea FSO Malaysia’s MISC has secured a bareboat charter deal with ExxonMobil to supply Papua New Guinea’s first offshore floating storage and offloading (FSO) unit. The 15-year firm contract carries an option for ExxonMobil’s Papua New Guinea arm to extend another 15 years. Operations will kick off…
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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…
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Cadeler arm wins Taiwan offshore wind O&M contract
Cadeler arm wins Taiwan offshore wind O&M contract Cadeler’s service arm, Nexra, has signed a firm contract for an operations and maintenance campaign in Taiwan. The contract with an undisclosed client is expected to exceed €20m ($23.7m) and will be executed across two offshore wind farms in Taiwan. The campaign will commence in March 2026,…
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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…
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Transocean snaps up Valaris in $5.8bn stock deal
Transocean snaps up Valaris in $5.8bn stock deal Transocean is set to absorb rival offshore driller Valaris in a move that reshapes the upper end of the global rig market and adds fresh momentum to an already busy consolidation cycle. The Switzerland-based offshore drilling heavyweight said it has signed a definitive agreement to acquire US-listed…
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Transocean and Valaris to combine in $5.8BN all-share deal
Transocean and Valaris to combine in $5.8BN all-share deal Offshore drilling contractors Transocean Ltd (NYSE: RIG) and Valaris Limited (NYSE: VAL) have signed a definitive agreement to combine the two companies under a deal that will see Transocean acquire Valaris in an all stock transaction valued at approximately $5.8 billion. The shareholding percentages of the…
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Longitude launches new compact D-Flex PSV design
Longitude launches new compact D-Flex PSV design London-based design and engineering consultancy Longitude has launched a compact “D-Flex” platform supply vessel (PSV) design – the second design in its IMT Isca series, introduced in 2024. Longitude says that the D-Flex design is an evolution of its operationally proven IMT 984 (G-Class) design and is a…
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Longitude launches new compact D-Flex PSV design
Longitude launches new compact D-Flex PSV design London-based design and engineering consultancy Longitude has launched a compact “D-Flex” platform supply vessel (PSV) design – the second design in its IMT Isca series, introduced in 2024. Longitude says that the D-Flex design is an evolution of its operationally proven IMT 984 (G-Class) design and is a…
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Esvagt–KMC venture lines up CTV build backed by Vestas deal in South Korea
Esvagt–KMC venture lines up CTV build backed by Vestas deal in South Korea KESTO, the offshore wind joint venture between Denmark’s Esvagt and South Korean shipping company KMC Line, has secured its first contracts, signing a long-term vessel deal with turbine maker Vestas for the Shinan-Ui offshore wind farm. Under the agreement, KESTO will provide…
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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…
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Westwood rolls out offshore vessel intelligence platform
Westwood rolls out offshore vessel intelligence platform London-based energy market research firm Westwood has launched a new offshore vessel intelligence platform aimed at improving visibility across the global offshore support, service and offshore wind fleets. The platform named MarineLogix covers more than 10,000 vessels operated by around 2,500 owners across over 30 vessel classes. MarineLogix…
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Tidal Transit takes delivery of new WindFlex-27 CTV Emelia Jane
Tidal Transit takes delivery of new WindFlex-27 CTV Emelia Jane U.K.-based offshore wind crew transfer vessel (CTV) specialist Tidal Transit has unveiled the latest addition to its growing fleet of purpose-build crew transfer vessels (CTVs). Christened Emelia Jane in a ceremony at Penguin International’s shipyard in Singapore, the new 24-passenger CTV is the latest WindFlex-27…
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Rex lines up jackup rig offshore Oman
Rex lines up jackup rig offshore Oman Singapore-listed Rex International is pressing ahead with offshore development drilling in Oman after its unit Masirah Oil secured a jackup rig for work at the Yumna field. Masirah Oil said its parent company, Rex Oman, has signed a contract for the Energy Emerger jackup drilling rig, operated by…
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BOEM RFI will gauge interest in Alaska offshore minerals
BOEM RFI will gauge interest in Alaska offshore minerals The Bureau of Ocean Energy Management (BOEM) is to publish a Request for Information and Interest (RFI) to evaluate industry interest and gather public input that could inform a potential lease sale for minerals on the Outer Continental Shelf off the coast of Alaska. The request…
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Nortrans seals Equinor flotel extension
Nortrans seals Equinor flotel extension Singapore-based Nortrans Offshore has secured a contract extension for its maintenance and support unit Temis, keeping the flotel on hire with Equinor at the Bacalhau FPSO project offshore Brazil. The 2015-built, 501-person unit was originally booked in late 2024. The firm contract covered five months from early 2025 and included…
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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…
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NOAA moves ahead on offshore critical minerals
NOAA moves ahead on offshore critical minerals NOAA (the National Atmospheric and Oceans Administration) yesterday reported two key steps it is taking to implement President Trump’s April 24, 2025, Executive Order, Unleashing America’s Offshore Critical Minerals and Resources. Trump executive order gives green light for deep sea mineral recovery On the regulatory front, NOAA announced…
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Allseas new heavy transport vessel Grand Tour will feature future-ready Wärtsilä 31 engines
Allseas new heavy transport vessel Grand Tour will feature future-ready Wärtsilä 31 engines Wärtsilä will supply the engines for the Grand Tour, a new purpose-built semi-submersible heavy transport vessel (HTV) on order for Switzerland-based offshore contractor Allseas Group at Guangzhou Shipyard International (GSI) in China. With delivery scheduled for first quarter 2028, the Grand Tour…
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VIDEO: Vard delivers fifth Norwind Offshore CSOV ahead of schedule
VIDEO: Vard delivers fifth Norwind Offshore CSOV ahead of schedule Fincantieri’s Norwegian subsidiary Vard reports that its Vard Søviknes shipyard has delivered NB 982, a new Commissioning Service Operation Vessel (CSOV) built for Norwind Offshore and Navigare Capital, ahead of schedule Navigare and Norwind exercise Vard 4 19 CSOV option As we reported at the…
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James Fisher buys stake in US autonomous vessel specialist
James Fisher buys stake in US autonomous vessel specialist UK-based marine services group James Fisher and Sons has taken a strategic minority stake in US autonomous vessel specialist Ocean Aero, joining the company’s Series D funding round. The investment gives James Fisher increased exposure to autonomous marine systems as it looks to expand its technology…
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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…
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OMS Group contracts Ulstein for next-generation cable-layer duo
OMS Group contracts Ulstein for next-generation cable-layer duo Ortnevik, Norway-headquartered Offshore & Marine Services AS (OMS Group), a leading provider of subsea digital infrastructure, has signed contracts with Ulstein for the design and construction of two cable-laying vessels. Scheduled to come into service in 2028, the new vessels will be purpose-built to deliver superior installation…
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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…
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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…
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Preliminary injunction allows construction to resume at Ørsted’s Revolution Wind
Preliminary injunction allows construction to resume at Ørsted’s Revolution Wind One of the first of the many court challenges to the latest Trump Administration attempts to shut down U.S. offshore wind development has met with initial success. Danish sustainable energy developer Ørsted reports that U.S. District Court for the District of Columbia granted the preliminary…
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NY AG Letitia James files suits challenging latest offshore wind stop work orders
NY AG Letitia James files suits challenging latest offshore wind stop work orders The number of lawsuits challenging the Trump administration’s latest attempt to pause construction on offshore wind is growing. New York Attorney General Letitia James on Friday filed two lawsuits challenging the stop-work orders issued the New York-based Sunrise Wind and Empire Wind…
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Autonomous vessel developer Saronic and Hornbeck Offshore Services partner up
Autonomous vessel developer Saronic and Hornbeck Offshore Services partner up Austin, Texas-headquartered autonomous vessel developer Saronic Technologies reports that it has entered a strategic partnership with OSV operator Hornbeck Offshore Services Inc.(HOS), to accelerate innovation and deployment of autonomous platforms, advanced software, and maritime solutions to the offshore energy and defense markets. Gulf Craft acquired…
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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…
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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…
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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…
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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…
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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…
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Oceaneering appoints Michael Sumruld as CFO
Oceaneering appoints Michael Sumruld as CFO Houston, Texas-headquartered Oceaneering International, Inc. (NYSE: OII) reports that Michael W. Sumruld will be appointed senior vice president and chief financial officer effective January 1, 2026. Sumruld succeeds Alan R. Curtis, who will retire from his role on the same date, but will continue to assist in an advisory…
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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…
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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…
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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…
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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…
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Gulf Marine Services wins European contracts for liftboat pair
Gulf Marine Services wins European contracts for liftboat pair London-listed liftboat operator Gulf Marine Services (GMS) has won new contracts for two of its vessels. The contracts cover the use of two Large-class vessels in Europe. It spans a total of 985 days and will see the vessels continue to support offshore operations across the…
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Helix Energy Solutions awarded multi-year North Sea plug & abandonment contract
Helix Energy Solutions awarded multi-year North Sea plug & abandonment contract Houston-headquartered Helix Energy Solutions Group, Inc. (NYSE: HLX) reports that it has secured a multi-year contract with a major operator for riserless plug and abandonment (P&A) operations on up to 34 subsea wells in the U.K. North Sea. The awarded scope of work is…
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ClassNK grants AiP to two MOL cable vessel designs
ClassNK grants AiP to two MOL cable vessel designs ClassNK has issued an Approval in Principle (AiP) for the designs of a cable jointing vessel and a cable burial vessel developed by Mitsui O.S.K. Lines Ltd (MOL). The certification demonstrates the designs’ feasibility from regulatory and safety perspectives. In Japan, the expansion of wind power…
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Saipem scores another massive deal from QatarEnergy
Saipem scores another massive deal from QatarEnergy Italian energy services contractor Saipem, in partnership with COOEC, has been awarded an offshore EPCI contract for worth on the North Field worth $4bn by Qatar’s state-owned company QatarEnergy. The contract is for the so-called COMP5 package of the North Field Production Sustainability Offshore Compression Complexes project. The…
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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…
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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…
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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…
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Trump Administration cites radar clutter in putting new pause on offshore wind projects
Trump Administration cites radar clutter in putting new pause on offshore wind projects In another assault on the U.S. offshore wind industry, the Department of the Interior announced today that it is pausing—effective immediately—the leases for all large-scale offshore wind projects under construction in the United States “due to national security risks identified by the…
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Seatrium and Maersk Offshore Wind resolve WTIV delivery dispute
Seatrium and Maersk Offshore Wind resolve WTIV delivery dispute Singapore-headquartered Seatrium Limited reported today that its Seatrium Energy (International) Pte Ltd unit (SEI) and Maersk Offshore Wind affiliate Phoenix II A/S have resolved a dispute that began back in October when Maersk Offshore Wind canceled the contract for a Wind Turbine Installation Vessel (WTIV) ordered…
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Windward Offshore opts for ScanReach ConnectPOB for newbuild CSOV quartet
Windward Offshore opts for ScanReach ConnectPOB for newbuild CSOV quartet Straume, Norway, headquartered ScanReach reports that its ConnectPOB personnel-on-board and safety platform has been selected for the series of four newbuild Commissioning Service Operation Vessels (CSOVs) ordered by Hamburg-headquartered Windward Offshore from Fincantieri’s Vard subsidiary The first vessel in the series, Windward Athens, was delivered…
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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,…
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Valaris books $300 million Shell drilling contract offshore Brazil
Valaris books $300 million Shell drilling contract offshore Brazil Offshore drilling contractor Valaris Limited [NYSE: VAL] reports that Shell has awarded it a multi-year contract offshore Brazil for its drillship Valaris DS-8. The contract is expected to commence in the first quarter of 2027, with an estimated duration of approximately 800 days and a total…
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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…
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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…
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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…
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Big Beautiful Gulf 1 oil and gas lease sale generates $279.4M in high bids
Big Beautiful Gulf 1 oil and gas lease sale generates $279.4M in high bids The Department of the Interior today announced that the Bureau of Ocean Energy Management successfully conducted Lease Sale Big Beautiful Gulf 1, which is the first mandatory offshore oil and gas lease sale required under the One Big Beautiful Bill Act.…
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DEME secures multi-scope contract for Polish wind farm
DEME secures multi-scope contract for Polish wind farm Belgian marine contractor DEME has secured a major role in Poland’s offshore wind expansion after winning three contracts covering foundation and cable installation work for the BC-Wind project in the Baltic Sea. The combined awards are worth €150m–300m, ($175m–$350m). BC-Wind is being developed by Ocean Winds, the…
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VIDEO: Eastern Shipbuilding completes HOS Rocinante conversion to SOV
VIDEO: Eastern Shipbuilding completes HOS Rocinante conversion to SOV Panama City, Fla.-based Eastern Shipbuilding Group, Inc. (ESG) has redelivered the HOS Rocinante,to Hornbeck Offshore Services following its conversion to a first-of-its-kind U.S.-flagged Service Operation Vessel (SOV). Hornbeck Offshore Services taps Eastern for OSV to SOV conversion The redelivery of the vessel marks a major milestone…
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Final Sale Notice takes center stage on latest Listen Up! podcast
Final Sale Notice takes center stage on latest Listen Up! podcast The implications of December’s offshore oil and gas lease sale for the maritime industry were the focus of the latest episode of Listen Up!, the podcast from Marine Log. In this episode, we welcome maritime attorney Jana Grauberger of Liskow & Lewis to break…
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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…
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Offshore Vessel News Roundup | December 4 – Spanish and Dutch OSVs, Taiwanese subsea construction vessel and more
Offshore Vessel News Roundup | December 4 – Spanish and Dutch OSVs, Taiwanese subsea construction vessel and more Baird Maritime Go to baird maritime
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Dong Fang Offshore locks in CLV newbuild
Dong Fang Offshore locks in CLV newbuild Taiwanese owner and operator Dong Fang Offshore (DFO) has firmed up its next phase of growth with the signing of a subsea and cable lay vessel (CLV) newbuilding contract with Norway’s Westcon. The deal will see the yard take over and complete a large CLV already under construction,…
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Marco Polo Marine’s FY2025 net profit soars 170 per cent
Marco Polo Marine’s FY2025 net profit soars 170 per cent Jens Karsten Go to baird maritime
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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…
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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…
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ADES picks up $63m Brunei jackup deal
ADES picks up $63m Brunei jackup deal Saudi oil and gas driller ADES has landed a fresh two-year contract for the Compact Driller jackup with Brunei Shell Petroleum, marking its first award since completing the acquisition of Shelf Drilling. The deal, worth around SAR 236m ($63m), was secured through Shelf Drilling, now a wholly owned…
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Zumaia Offshore orders new OSV from Dutch shipbuilder
Zumaia Offshore orders new OSV from Dutch shipbuilder Neptune Marine has signed a letter of intent with Spanish offshore support vessel owner and operator Zumaia Offshore for the construction of a new multipurpose OSV. The new DP2 OSV will be 59 m long and 18 m wide, and will be named Saskia B. This will…
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Allseas lands Enbridge contract in US Gulf
Allseas lands Enbridge contract in US Gulf Allseas has secured a contract from Enbridge Offshore Facilities to install more than 500 km of deepwater export pipelines in the US Gulf. The Swiss contractor will build and install four export lines linking upcoming deepwater fields in the Keathley Canyon area to existing hubs in Green Canyon…
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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…
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Seatrium awarded second deepwater FPU contract from BP
Seatrium awarded second deepwater FPU contract from BP Seatrium Limited has been awarded a contract from BP Exploration and Production Inc. for the engineering, procurement, construction and onshore commissioning of the Tiber Floating Production Unit (FPU) project in the Gulf of America. The Tiber FPU marks Seatrium’s second consecutive deepwater project for BP Exploration, further…
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MacGregor to deliver new 165-tonne AHC crane for CSOV
MacGregor to deliver new 165-tonne AHC crane for CSOV MacGregor has secured a contract to deliver a newly developed high-performance lightweight 165-tonne active heave compensated (AHC) crane to Hong Hua Yard in China. The vessel owner is Atlantic Navigation. Equipment delivery is scheduled for completion by the second quarter of 2027, with an option included…
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VIDEO: Derecktor delivers CREST Wind DC1 daughter craft
VIDEO: Derecktor delivers CREST Wind DC1 daughter craft Derecktor Shipyards has delivered the DC1, a high-performance offshore crew vessel that will operate as a daughter craft to support the CREST Wind SOV. Derecktor says that the 12-meter (40-foot) catamaran, developed in collaboration with Chartwell Marine and powered by Volvo Penta, is a next-generation platform for…
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Marco Polo Marine forecasts higher net income in latest FY2025 guidance
Marco Polo Marine forecasts higher net income in latest FY2025 guidance Jens Karsten Go to baird maritime
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SLB OneSubsea bags work on BP’s Gulf of Mexico project
SLB OneSubsea bags work on BP’s Gulf of Mexico project SLB OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has won a contract from energy major BP for a subsea boosting system in the Tiber deepwater development off the US. This engineering, procurement and construction (EPC) contract for Tiber comes in close…
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Denmark rolls out new 2.8GW offshore wind tender package
Denmark rolls out new 2.8GW offshore wind tender package Danish authorities have announced tenders for three areas enabling the construction of at least 2.8GW of offshore wind power. The Danish Energy Agency said that the tenders were based on thorough market dialogues and include, among other things, state subsidies and greater flexibility for developers to…
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BOEM sets date for Big Beautiful Gulf 2 offshore oil and gas lease sale
BOEM sets date for Big Beautiful Gulf 2 offshore oil and gas lease sale Rapidly following up on its release earlier this month of the Final Notice of Sale for the Big Beautiful Gulf 1 (BBG1) offshore oil and gas lease sale the Bureau of Ocean Energy Management today announced a Proposed Notice of Sale…
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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…
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Transocean secures trio of extensions worth $89m
Transocean secures trio of extensions worth $89m Transocean has secured new work for one ultra-deepwater drillship and two harsh-environment semisubmersibles, adding about $89m in firm backlog. In Brazil, Petrobras exercised a 90-day option for the Deepwater Mykonos, keeping the drillship on continuous work. The extension is expected to contribute roughly $33m in backlog. In Norway,…
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Sentinel Marine rebrands as Cyan Sentinel
Sentinel Marine rebrands as Cyan Sentinel Aberdeen-based offshore support vessel operator Sentinel Marine has rebranded as Cyan Sentinel, marking its first major step since Singapore’s Cyan Renewables acquired a controlling stake earlier this year year. The move reflects the backing of its new majority owner, but the company stressed it remains locally managed, with its…
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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…
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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…
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November 2025
November 2025 This month’s features explore how offshore, workboat, and patrol sectors are adapting to new markets, cleaner power, and evolving demands. The post November 2025 appeared first on Marine Log. Marine Log Staff Go to marinelog
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BOEM moves ahead on Gulf of America and Cook Inlet offshore lease sales
BOEM moves ahead on Gulf of America and Cook Inlet offshore lease sales The Bureau of Ocean Energy Management (BOEM) today announced two major steps toward expanding offshore energy development pursuant to the One Big Beautiful Bill Act. The agency released the Final Notice of Sale for Lease Sale Big Beautiful Gulf 1 (BBG1), the…
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Odyssey Marine Exploration files U.S. offshore critical minerals lease sale request
Odyssey Marine Exploration files U.S. offshore critical minerals lease sale request Back in April, President Trump signed an executive order entitled “Unleashing America’s Offshore Critical Minerals and Resources.” One company interested in doing some of that unleashing is Tampa, Fla=headquartered Odyssey Marine Exploration Inc. (NASDAQ: OMEX), which reports that it has submitted an unsolicited request…
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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…
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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…
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Developers shun Dutch 1GW offshore wind auction
Developers shun Dutch 1GW offshore wind auction The Dutch authorities have received no bids for its 1GW Nederwiek 1-A offshore wind site in the North Sea. The site, which covers an area of around 150 sq km, some 95 km off the coast of Texel, was already reduced from 2GW to decrease the investment required…