Category: Offshore
-
Kongsberg Maritime delivers Reach Remote 1 USV
Kongsberg Maritime delivers Reach Remote 1 USV Haugesund, Norway-based Reach Subsea ASA has taken delivery of the Reach Remote 1 USV. The cutting edge uncrewed 24-meter surface vessel is equipped with hull-mounted survey sensors and a Work Class electric ROV. A second vessel, Reach Remote 2 is set to begin sea trials soon, with delivery…
-
Chinese yard completes FSO conversion for Thailand’s Truth Maritime Services
Chinese yard completes FSO conversion for Thailand’s Truth Maritime Services Baird Maritime Go to baird maritime
-
Bibby Marine selects new yard for electric CSOV newbuild
Bibby Marine selects new yard for electric CSOV newbuild UK shipowner Bibby Marine has found a new shipbuilder in Spain for its electric commissioning service operation vessel (eCSOV). The contract for the innovative eCSOV has been moved from Gondan Shipbuilders to shipyard Armon after the project timelines were unable to be fulfilled, the company told…
-
NYK establishes offshore wind CTV joint venture
NYK establishes offshore wind CTV joint venture Japan’s Nippon Yusen Kaisha (NYK) has launched a crew transfer vessel shipmanagement joint venture for domestic offshore wind projects. The jv company Japan Offshore Support (JOS), in which NYK will hold a 51% stake, has been established with local towing player Akita Eisen Kisen Kaisha, following a memorandum…
-
Bibby Marine finds new builder for its eCSOV
Bibby Marine finds new builder for its eCSOV In what it calls an “amicable move away” from the original shipbuilder, Spain’s Astilleros Gondan, Liverpool-headquartered Bibby Marine has signed a new shipbuilding contract with another Spanish shipyard to build its innovative electric Commissioning Service Operation Vessel (eCSOV). Bibby Marine places order for world’s first zero-emission eCSOV…
-
Louis Dreyfus Armateurs lands $575m Vattenfall SOV deal
Louis Dreyfus Armateurs lands $575m Vattenfall SOV deal Louis Dreyfus Armateurs (LDA) has secured a contract for up to three service operation vessels that will be deployed on offshore wind sites in the German North Sea. The French family-owned shipowner has emerged as a winner of an SOV tender issued by Sweden’s biggest utility, Vattenfall,…
-
ST Engineering bags walk-to-work vessel order
ST Engineering bags walk-to-work vessel order Singapore’s ST Engineering has secured a shipbuilding contract for the design and construction of a walk-to-work (W2W) vessel for an undisclosed “leading oil and gas company”, marking its expansion into the market for specialised vessels supporting offshore operations. The newbuild is expected to be completed by the first half…
-
Foresea seals $70m boost under Petrobras drillship deal
Foresea seals $70m boost under Petrobras drillship deal Brazilian drilling contractor Foresea is adding $70m to its backlog under an existing drillship deal with Petrobras. The company established in June 2023 from the restructuring of Ocyan’s drilling unit fixed its floater Norbe VIII in September of the same year to the state-controlled oil giant for…
-
Van Oord clinches cable installation contract in Taiwan
Van Oord clinches cable installation contract in Taiwan Dutch marine construction firm Van Oord has been contracted by Danish fund manager and renewables investor Copenhagen Infrastructure Partners (CIP) to install inter-array cables for the Fengmiao 1 offshore wind farm in Taiwan. Under the contract with an undisclosed value, Van Oord will transport and install 33…
-
LDA and Vattenfall in long term three-SOV agreement
LDA and Vattenfall in long term three-SOV agreement Swedish-headquartered energy company Vattenfall has selected France’s Louis Dreyfus Armateurs (LDA) to build, own, and operate up to three Service Operation Vessels under long-term contracts. LDA was selected following a complex and competitive European tender process that took place throughout 2024 and that concluded late December. The…
-
Chinese firm takes delivery of new offshore piling vessel
Chinese firm takes delivery of new offshore piling vessel Baird Maritime Go to baird maritime
-
Solstad scores three-year CSV fixture
Solstad scores three-year CSV fixture Norwegian vessel owner Solstad Maritime has fixed its construction support vessel (CSV) Normand Frontier to an international contractor for three years. Solstad Offshore, which owns 27% of Solstad Maritime, said the contract has an immediate startup and will keep the 2014-built CSV fully utilised until the end of 2027. The…
-
Next Geosolutions secures more work for TenneT
Next Geosolutions secures more work for TenneT Offshore energy services contractor Next Geosolutions has been selected by Dutch-German transmission system operator TenneT for site surveys at two wind farm zones off the Netherlands. The contract worth €27m ($27.7m) will see the company, part of Naples-based shipping group Marnavi, carry out marine UXO surveys in the…
-
Mainport Shipping secures funding for N-Sea bound OSV newbuild
Mainport Shipping secures funding for N-Sea bound OSV newbuild Mainport Shipping has secured funding from the Eurazeo Sustainable Maritime Infrastructure (ESMI) Fund for the construction of its Geo Master hybrid survey and ROV support vessel. The vessel is being built by the Neptune Construction yard in the Netherlands. It is set to be delivered in…
-
2024 saw growing production, mixed trends in offshore oil and gas says Clarksons Research
2024 saw growing production, mixed trends in offshore oil and gas says Clarksons Research Baird Maritime Go to baird maritime
-
Subsea 7 scores Equinor contract
Subsea 7 scores Equinor contract Oslo-listed Subsea 7 has won a contract from energy major Equinor for a front-end engineering and design (FEED) study for the Fram Sør development project, offshore Norway. The study will finalise the technical definition of the proposed subsea development before Equinor and its partners make the final investment decision, the…
-
Prosafe pens $110m flotel extension with Petrobras
Prosafe pens $110m flotel extension with Petrobras Offshore accommodation vessel specialist Prosafe has signed a contract extension with Brazilian oil giant Petrobras for one of its semisubs. The vessel in question is the 2015-built Safe Zephyrus which will be used for safety and maintenance support offshore Brazil. The original 650-day firm period was due to…
-
Boskalis to acquire subsea rock installation vessel in 2026
Boskalis to acquire subsea rock installation vessel in 2026 Baird Maritime Go to baird maritime
-
SBM Offshore invests in Blue Power hub developer
SBM Offshore invests in Blue Power hub developer Dutch floater expert SBM Offshore has invested in Ocean-Power, a company developing an offshore power hub that generates electricity using gas turbines and carbon capture and storage. The investment by the company follows a memorandum of understanding between SBM Offshore and the Norwegian company signed in June…
-
Taiwan’s Dong Fang Offshore enters European market with DeepOcean charter deal
Taiwan’s Dong Fang Offshore enters European market with DeepOcean charter deal Taiwanese owner and operator Dong Fang Offshore (DFO) has sealed a deal to charter out one of its construction support vessels to Norwegian ocean services provider DeepOcean. The subsidiary of Hung Hua Construction, with a fleet of 16 vessels including those under construction, has…
-
Admiral Richard V. Timme joins OMSA as senior advisor
Admiral Richard V. Timme joins OMSA as senior advisor The Offshore Marine Service Association (OMSA) reports that Rear Admiral Richard V. Timme, U.S. Coast Guard (Ret.), has joined the association as a senior advisor. OMSA says that the appointment underscores its longstanding commitment to working collaboratively with the U.S. Coast Guard (USCG) and other regulatory…
-
Tanjung Offshore wins Carigali Hess contract
Tanjung Offshore wins Carigali Hess contract Malaysian offshore services player Tanjung Offshore, part of T7 Global, has secured a long-term contract from Carigali Hess to carry out maintenance, construction and modification works offshore Malaysia. The contract, which kicks in on January 15, has a term of three years, with an option to extend for another…
-
ASCO scores $88m contract in Norway
ASCO scores $88m contract in Norway Aberdeen-based energy logistics group, ASCO, has won a contract from Aker BP in Tananger, Sandnessjøen, and Farsund in Norway. The deal covers base and logistics services as well as continued services in warehouse management, load carriers, waste services, and personnel leasing for logistics and helicopter coordination. The potential total…
-
BOEM takes a step forward on Guam offshore wind
BOEM takes a step forward on Guam offshore wind The Bureau of Ocean Energy Management (BOEM) has published a Call for Information and Nominations (Call) for possible wind energy leasing off the coast of the U.S. Pacific Territory of Guam. The Call will gather public comments to inform potential leasing areas, and results from close…
-
Seacrest Petroleo Bermuda begins arbitration proceeding against Petrobras over unfulfiled pipeline repair
Seacrest Petroleo Bermuda begins arbitration proceeding against Petrobras over unfulfiled pipeline repair Baird Maritime Go to baird maritime
-
Ziton bolsters jackup fleet
Ziton bolsters jackup fleet Danish shipowner and offshore wind specialist Ziton has expanded its fleet of operations and maintenance jackup vessels. The company, acquired by a fund advised by Australia’s Macquarie Asset Management last year, is adding the 2011-built unit named Wind Discovery for an undisclosed sum, taking its fleet to six dedicated O&M jackups.…
-
Heerema secures TenneT floatover barge deal
Heerema secures TenneT floatover barge deal Dutch offshore construction player Heerema Marine Contractors has inked a contract with Dutch-German transmission system operator TenneT for the delivery of a new float-over barge, tailored for the installation of ultra-heavy topsides. The TSO plans to connect 14 high-voltage direct current (HVDC) offshore grid connection systems with a transmission…
-
Strategic Marine delivers 50-knot SES crew transfer vessel
Strategic Marine delivers 50-knot SES crew transfer vessel Singapore shipbuilder Strategic Marine has delivered an offshore crew transfer vessel to All Energies Services that is capable of reaching speeds of over 50 knots. Designed to provide seamless offshore transfers in challenging sea conditions of up to 2.5 meters, the 35-meter vessel is Strategic Marine’s first…
-
Equinor secures $3bn in financing for US offshore wind project
Equinor secures $3bn in financing for US offshore wind project Norwegian energy giant Equinor has secured a $3bn financing package for its Empire Wind 1 project in the US. The company explained that the project was able to secure competitive terms due to strong interest from lenders. “The final group of lenders includes some of…
-
TotalEnergies, Vantage Drilling form drillship-owning entity
TotalEnergies, Vantage Drilling form drillship-owning entity Offshore drilling contractor Vantage Drilling has created a joint venture entity with French energy major TotalEnergies, which will own the Tungsten Explorer drillship. The creation of the JV, named TEVA Ship Charter, aligns with the memorandum of understanding signed between the two companies in February 2024. Under the terms…
-
Equinor secures $3 billion in project financing for Empire Wind 1
Equinor secures $3 billion in project financing for Empire Wind 1 In a sign that lenders have not soured on U.S. offshore wind, Equinor reports that its Empire Wind 1 project has now secured a project financing package of over $3 billion. Financial close was reached at the end of December 2024. Equinor says that,…
-
Tullow Oil exempt from $320m tax after ICC ruling on Ghana operations
UPDATE 1-Tullow Oil exempt from $320 mln tax after ICC ruling on Ghana operations
-
Nortrans Offshore wins flotel work on Romanian gas project
Nortrans Offshore wins flotel work on Romanian gas project Singapore-based Nortrans Offshore has landed a charter deal with Italian offshore engineering and construction giant Saipem for one of its maintenance and support vessels. The 2015-built flotel Temis will work on the Neptun Deep gas development project in the Romanian part of the Black Sea. The…
-
Noble fixes semisub work off Australia
Noble fixes semisub work off Australia Noble Corporation has secured more work for its semisubmersible rig, Ocean Apex, in Australia. The New York-listed rig owner said the 1976-built and 2014-upgraded unit had been fixed to an unnamed operator in direct continuation of its prior commitments in Australia. The deal is for at least 37 days…
-
Who’s Who: Maritime Movements for November/December 2024
Who’s Who: Maritime Movements for November/December 2024 Baird Maritime Go to baird maritime
-
Subsea 7 gets work on Turkish offshore gas field
Subsea 7 gets work on Turkish offshore gas field Offshore engineering and services player Subsea 7 has won a contract for the inspection, repair, and maintenance services for the Sakarya gas field development in the Black Sea from the Turkish Petroleum Offshore Technology Center. The contract scope includes project management and engineering executed and managed…
-
Jan De Nul to install cables to connect future floating wind farms off France’s Southern Brittany coast
Jan De Nul to install cables to connect future floating wind farms off France’s Southern Brittany coast Baird Maritime Go to baird maritime
-
Yinson Production JV bags floater extension in Vietnam
Yinson Production JV bags floater extension in Vietnam Singapore-based floater owner and operator Yinson Production, part of the Malaysian Yinson Group, has secured a bareboat charter extension with PetroVietnam for the floating production storage and offloading vessel PTSC Lam Son. The extension kicks in on January 1, 2025 in direct continuation of the existing charter…
-
Singapore OSV player Vallianz hit by cyber attack
Singapore OSV player Vallianz hit by cyber attack Singapore OSV owner and operator Vallianz has been hit by a cyberattack that has allowed an unknown party unauthorised access to the company’s servers. Upon discovering the ransomware incident, the firm – and its parent company Rawabi Holding Company Limited – took immediate action to identify, contain,…
-
ADES seals second jackup rig deal in Thailand
ADES seals second jackup rig deal in Thailand Saudi oil and gas driller ADES has secured its second contract in Thailand, marking the fourth redeployment of one of its suspended jackup rigs in the Kingdom. The deal, estimated at about $276m, covers a firm five-year term for the Admarine 503 rig with a three-year extension…
-
EDF, Ocean Winds-led consortiums win French floating wind round
EDF, Ocean Winds-led consortiums win French floating wind round French Ministry of Industry and Energy has selected partnerships between EDF Renewables and Maple Power as well as Ocean Winds and Banque des Territoires to build and operate a 250 MW floating offshore wind farm each in the Mediterranean. The two projects were selected following the…
-
COLUMN | Farewell to 2024: Seadrill and jackups; Shell and the Nigerian Delta; Dyna-Mac, Petrofac, Edda Wind and BP Renewables [Offshore Accounts]
COLUMN | Farewell to 2024: Seadrill and jackups; Shell and the Nigerian Delta; Dyna-Mac, Petrofac, Edda Wind and BP Renewables [Offshore Accounts] Hieronymus Bosch Go to baird maritime
-
Seadrill sells jackup after being unemployed for eight years
Seadrill sells jackup after being unemployed for eight years Offshore rig owner Seadrill has completed the sale of its only cold-staked jackup – the West Prospero. Seadrill sold the West Prospero for cash proceeds of $45m. The 2007-built rig has been cold-stacked since 2016. Its last contract was from May 2014 until May 2016 with…
-
Chinese firm reveals plans to build pipelaying vessel
Chinese firm reveals plans to build pipelaying vessel CNOOC subsidiary, China Offshore Oil Engineering Co (COOEC), has revealed plans to build a specialised pipe-laying vessel. The company said that the pipelayer would be built by COOEC’s self-owned funds and the total investment would be around RMB 1,375,256,800 ($188.4). The board of directors has already given…
-
NKT scores $1bn cabling deal in Germany with TenneT
NKT scores $1bn cabling deal in Germany with TenneT Danish offshore cabling specialist NKT has been awarded two turnkey projects in Germany under a multi-year framework agreement with transmission system operator TenneT. TenneT has selected NKT to provide 525 kV XLPE HVDC on- and offshore power cable systems for two projects. The scope involves cable…
-
VESSEL REFIT | IT Infinity – Platform supplier converted for cable laying for Canadian telecom firm
VESSEL REFIT | IT Infinity – Platform supplier converted for cable laying for Canadian telecom firm Baird Maritime Go to baird maritime
-
Chevalier Floatels taps Norwegian firm for design work on offshore construction support vessel
Chevalier Floatels taps Norwegian firm for design work on offshore construction support vessel Baird Maritime Go to baird maritime
-
Golar LNG acquires all outstanding minority interests in FLNG Hilli
Golar LNG acquires all outstanding minority interests in FLNG Hilli Baird Maritime Go to baird maritime
-
JERA and BP-led partnerships win Japanese offshore wind auction
JERA and BP-led partnerships win Japanese offshore wind auction Japan’s industry and land ministries have selected JERA and BP-led consortiums as operators for two offshore wind blocks in the country’s third auction round. The JERA-led consortium, which also includes Green Power Investment and Tohoku Electric Power, won the 615MW wind farm on the southern side…
-
Dolphin Drilling wins $100m in Nigerian court case
Dolphin Drilling wins $100m in Nigerian court case Semisub rig owner Dolphin Drilling has won a prolonged court spat with Nigerian oil company General Hydrocarbons Limited over a contract termination. The disagreement between the two companies started in April this year when Dolphin Drilling terminated a contract for the Blackford Dolphin rig with the Nigerian…
-
Golar LNG buys remaining stake in FLNG unit for $90m
Golar LNG buys remaining stake in FLNG unit for $90m Floating liquefied natural gas (FLNG) specialist Golar LNG has acquired minority ownership interests in the 2.4 mtpa FLNG Hilli from Seatrium and Black & Veatch. The acquisitions comprise all third-party interests in the asset, including 5.45% common units, 10.9% Series A, and 10.9% Series B…
-
TotalEnergies adds more time to Northern Drilling semisub deal
TotalEnergies adds more time to Northern Drilling semisub deal French energy major TotalEnergies has exercised an extension option for Northern Drilling’s semisub Deepsea Mira. John Fredriksen-controlled Northern Ocean, a semisub rig spin-off of Northern Drilling, won the extension back in August. The rig, managed by Odfjell Drilling, has been working in Namibia under a multi-country…
-
SBM Offshore orders FPSO hull from Shanghai Waigaoqiao Shipbuilding
SBM Offshore orders FPSO hull from Shanghai Waigaoqiao Shipbuilding Dutch floater expert SBM Offshore has ordered another FPSO hull based on its universal Fast4Ward design from China’s Shanghai Waigaoqiao Shipbuilding (SWS). This will be the sixth such hull the firm ordered from SWS. The FPSO, once completed, will be able to hold 2.3m barrels of…
-
One of Constellation’s stars nets $61m worth of work from Petrobras
One of Constellation’s stars nets $61m worth of work from Petrobras Brazilian offshore driller Constellation Oil Services has bagged an extension of a contract for one of its semi-submersible drilling rigs with Petrobras. The contract extension was awarded to the Atlantic Star and is for an additional period of up to 301 days. The extension…
-
Seatrium wins contract for Gulf of Mexico production unit from BP
Seatrium wins contract for Gulf of Mexico production unit from BP Singapore shipyard group Seatrium has signed a contract with energy supermajor BP for engineering, procurement, construction, and onshore commissioning work for the Kaskida floating production unit set to be deployed in the US Gulf of Mexico. The Kaskida project is a greenfield development located approximately…
-
NCT Offshore welcomes new cable layer to fleet
NCT Offshore welcomes new cable layer to fleet Baird Maritime Go to baird maritime
-
Saipem back in business in Brazil
Saipem back in business in Brazil A Brazilian court has informed Italian offshore engineering and construction giant Saipem that it can resume normal operations in Brazil. Saipem was suspended from signing new contracts with the Brazilian public administration for two years following a probe into alleged irregularities surrounding a deal signed with Petrobras in 2011.…
-
New REM Offshore IMR vessel will have Brunvoll thruster package
New REM Offshore IMR vessel will have Brunvoll thruster package Norway’s REM Offshore has confirmed its option for a second vessel at Myklebust Shipyard. It will be built on the same Skipsteknisk ST-245 design as the innovative energy subsea construction vessel (ESCV) ordered at the yard earlier this year, but will be configured as an…
-
KENC wins multiple contracts for U.K. offshore wind farm
KENC wins multiple contracts for U.K. offshore wind farm As U.K. offshore wind development continues to ramp up, Oldenzaal, Netherlands-based KENC Engineering reports that an undisclosed leading T&I (transportation and installation) contractor has awarded it multiple contract awards. They cover engineering scopes to outfit a purpose-built jack-up vessel to contribute to the safe and efficient…
-
Hanwha Ocean wins ABS AiP for standard FPSO design
Hanwha Ocean wins ABS AiP for standard FPSO design ABS has awarded Hanwha Group member Hanwha Ocean an Approval in Principle (AIP) for its Pre-FEED Standard FPSO Design. Intended to create an asset optimized for deployment in the deep waters of West Africa, the FPSO design is 340 meters long and capable of storing approximately…
-
Knutsen LNG carrier to undergo FSU conversion for Honduras gas-to-power project
Knutsen LNG carrier to undergo FSU conversion for Honduras gas-to-power project Baird Maritime Go to baird maritime
-
Ineos buys CNOOC’s US assets
Ineos buys CNOOC’s US assets Ineos Energy has acquired the Gulf of Mexico business held by the US subsidiary of Chinese company CNOOC International Limited. The deal increases Ineos’ production globally to over 90,000 barrels of oil equivalent per day. These assets in the Gulf of Mexico are the third major investment by the company…
-
Kosmos Energy confirms takeover talks with Tullow Oil
Kosmos Energy confirms takeover talks with Tullow Oil US oil and gas player Kosmos Energy has confirmed that it is in preliminary discussions to take over the UK-based independent exploration firm Tullow Oil. Both companies issued statements which confirmed the discussions after media reports speculated on the possibility of the deal happening. Kosmos said in…
-
Hilong launches $8m counterclaim against Vallianz in AHTS charter dispute
Hilong launches $8m counterclaim against Vallianz in AHTS charter dispute Singapore OSV owner and operator Vallianz is facing a legal challenge in a vessel charter dispute with Hilong Marine Engineering. The company said in a stock exchange filing that its subsidiary, Vallianz Offshore Marine, has been served with a counterclaim of $8.1m from the subsidiary…
-
Ørsted names Amanda Dasch its new region Americas CEO
Ørsted names Amanda Dasch its new region Americas CEO Ørsted announced today it has selected Amanda Dasch as its new region Americas CEO, tapping a seasoned executive with leadership experience in the U.S. energy sector and several international markets. She succeeds David Hardy, who recently stepped down to join GE Vernova as chief commercial officer,…
-
Kongsberg to supply Brazil’s CMM with design and tech for six new hybrid PSVs
Kongsberg to supply Brazil’s CMM with design and tech for six new hybrid PSVs Another major Petrobras PSV contract is in the works: Kongsberg Maritime is to supply a design and equipment package for six hybrid PSVs to Brazil’s Compagnie Maritime Monegasque (CMM). The company ranked first in a Petrobras tender for six hybrid large…
-
INEOS acquires CNOOC’s U.S. GoM business
INEOS acquires CNOOC’s U.S. GoM business London-headquartered global chemical company INEOS said today that it has acquired the U.S. Gulf of Mexico business held by CNOOC Energy Holdings U.S.A. Inc., a U.S. subsidiary of China National Offshore Oil Company’s CNOOC International Limited unit. A Reuters report cites “a person with direct knowledge of the matter…
-
Japan’s Penta-Ocean to invest in offshore wind construction vessels
Japan’s Penta-Ocean to invest in offshore wind construction vessels Baird Maritime Go to baird maritime
-
BOEM reports competitive interest in two U.S. Gulf Wind Energy Areas
BOEM reports competitive interest in two U.S. Gulf Wind Energy Areas While a lackluster response to the Bureau of Ocean Energy Management’s first Gulf of Mexico offshore wind lease sale was largely attributed to the challenges of floating offshore wind, there are some U.S. Gulf Wind Energy Areas where fixed foundation wind turbines might be…
-
Petrobras signs contracts for 12 new hybrid PSVs
Petrobras signs contracts for 12 new hybrid PSVs Edison Chouest Offshore’s Brazilian affiliate Bram Offshore is one of two companies that will each build and operate six new hybrid PSVs (platform support vessel) under contracts awarded yesterday by Brazilian energy major Petrobras. The other company is Starnav Serviços Marítimos, a subsidiary of Brazil’s Detroit Group.…
-
Next steps announced in competitive leasing process for offshore wind energy in Gulf of Mexico
Next steps announced in competitive leasing process for offshore wind energy in Gulf of Mexico Baird Maritime Go to baird maritime
-
TKH secures cable installation works in support of Inch Cape wind farm off Scotland
TKH secures cable installation works in support of Inch Cape wind farm off Scotland Baird Maritime Go to baird maritime
-
Next Geosolutions expands fleet with MPSV acquisition
Next Geosolutions expands fleet with MPSV acquisition Marine geoscience and offshore construction support player Next Geosolutions (NextGeo) is expanding its fleet with the acquisition of a multipurpose survey vessel (MPSV) from Norway’s Beitveit Holding. The Milan-listed company, part of Naples-based shipping group Marnavi, is paying €6.75m ($7.1m) for the 2010-built Sea Admiral, which will be…
-
SLB lands contract for all Petrobras’ offshore fields in Brazil
SLB lands contract for all Petrobras’ offshore fields in Brazil Houston-based oilfield service giant SLB has won a contract from Petrobras for integrated services across all the operator’s offshore fields in Brazil. Under the contract, estimated at about $800m, SLB will oversee the construction of more than 100 deepwater wells, utilising advanced drilling, cementing and…
-
Star Capital becomes majority stakeholder in subsea equipment provider
Star Capital becomes majority stakeholder in subsea equipment provider UK private equity firm STAR Capital Partnership (STAR) has become the new majority shareholder in Subsea Technology & Rentals (STR). The investment will enable STR to further evolve its equipment and service offering through organic and acquisition-led growth. It will also expand the company’s geographical presence to…
-
Vard completes complex PSV to cable layer conversion
Vard completes complex PSV to cable layer conversion Norwegian Fincantieri Group member Vard reports that it has successfully delivered the cable laying vessel IT Infinity to IT International Telecom Marine SRL (IT) after its conversion from a 2008-built platform supply vessel. The PSV to cable layer conversion was carried out to meet the increasing demands…
-
Econowind names Chiel de Leeuw its new CCO
Econowind names Chiel de Leeuw its new CCO With wind assisted propulsion systems (WAPS) being installed on an ever increasing number and range of ships, Zeewolde, Netherlands-headquartered VentoFoil suction sail pioneer Econowind has named Chiel de Leeuw as chief commercial officer (CCO), effective December 1, 2024. He comes to the company with a track record…
-
IT International Telecom platform supplier re-enters service as cable-lay vessel
IT International Telecom platform supplier re-enters service as cable-lay vessel Baird Maritime Go to baird maritime
-
VESSEL REVIEW | Almirante Tamandare – FPSO to operate in Brazil’s Buzios oil field
VESSEL REVIEW | Almirante Tamandare – FPSO to operate in Brazil’s Buzios oil field Baird Maritime Go to baird maritime
-
DNV publishes new guidance on achieving stable crane lifting operations
DNV publishes new guidance on achieving stable crane lifting operations Baird Maritime Go to baird maritime
-
Wood signs three new deals with BP for worldwide engineering services
Wood signs three new deals with BP for worldwide engineering services UK consulting and engineering firm Wood has signed three major agreements with oil major BP to provide engineering and project delivery services for their capital projects worldwide. The contracts cover a new master services agreement for engineering, procurement, and construction management (EPCm) services as…
-
VESSEL REVIEW | DriX O-16 – Transoceanic-capable USV for survey and subsea inspection duties
VESSEL REVIEW | DriX O-16 – Transoceanic-capable USV for survey and subsea inspection duties Baird Maritime Go to baird maritime
-
AKOFS Offshore gets $300m extension for well intervention vessel
AKOFS Offshore gets $300m extension for well intervention vessel Norwegian energy giant Equinor has exercised a three-year option for one of AKOFS Offshore’s well intervention vessels. Equinor awarded the extension to the vessel AKOFS Seafarer. The option period is estimated to begin in the late fourth quarter of 2025 after the vessel has completed its…
-
PV Drilling expanding jackup rig fleet amid growing demand
PV Drilling expanding jackup rig fleet amid growing demand Petrovietnam Drilling and Well Service Corporation (PV Drilling) has revealed that it would be investing in a three-leg multi-purpose jackup rig, expected to begin operations in the fourth quarter of 2025. Due to a growing demand for jackup rigs, PV Drilling decided to go for a…
-
NYK gets stamp of approval for new long-distance cable layer design
NYK gets stamp of approval for new long-distance cable layer design Nippon Yusen Kaisha (NYK) has been given approval in principle from the Japanese classification society ClassNK for the design of a new cable-laying vessel. According to NYK, the vessel is suitable for the construction of a long-distance subsea direct current transmission network in Japan.…
-
ABS launches new Offshore Rules
ABS launches new Offshore Rules The American Bureau of Shipping (ABS) has introduced new Rules for Building and Classing Offshore Units (Offshore Rules). They bring multiple rule sets into a single, unified document with risk-based approaches for verifying new technologies along with easier navigation to support clients. ABS says that introduction of the new Offshore…
-
BOEM gives Maryland Offshore Wind the go ahead
BOEM gives Maryland Offshore Wind the go ahead The Bureau of Ocean Energy Management (BOEM) yesterday announced its approval of the Construction and Operations Plan for US Wind’s Maryland Offshore Wind project. This is the final approval needed for the project from BOEM following the Department of the Interior’s September 2024 Record of Decision. This…
-
South Korean firm taps Singapore builder for new windfarm crewboat
South Korean firm taps Singapore builder for new windfarm crewboat Baird Maritime Go to baird maritime
-
Helix Energy Solutions’ robotics division to conduct UXO detection in Scottish offshore waters
Helix Energy Solutions’ robotics division to conduct UXO detection in Scottish offshore waters Baird Maritime Go to baird maritime
-
12 deaths reported on EU-registered vessels in 2023
12 deaths reported on EU-registered vessels in 2023 Baird Maritime Go to baird maritime
-
Saipem-led consortium bags US$1.2 billion EPCI work off Indonesia
Saipem-led consortium bags US$1.2 billion EPCI work off Indonesia Baird Maritime Go to baird maritime
-
Petrofac extends charter for DDW Offshore AHTS
Petrofac extends charter for DDW Offshore AHTS Norway’s DDW Offshore, a subsidiary of Akastor, has been awarded a six-month extension for an anchor handling tug supply (AHTS) vessel from Petrofac. The extension will keep the contract term for the AHTS Skandi Emerald employed to July 14, 2025. Initially, the contract was awarded to the Skandi…
-
Vard gets AiP for CSOV methanol fueling system
Vard gets AiP for CSOV methanol fueling system Lloyd’s Register has awarded Fincantieri’s Norwegian headquartered Vard subsidiary an Approval in Principle (AiP) covering the methanol fueling system for two commissioning service operation vessels (CSOVs). The Vard 422 design vessels are under construction for the U.K.’s largest operator of offshore wind support vessels, Aberdeen-headquartered North Star,…
-
Seacor Marine orders PSVs in China as it clears out AHTS fleet
Seacor Marine orders PSVs in China as it clears out AHTS fleet US offshore vessel owner and operator Seacor Marine has ordered two platform supply vessels at China’s Fujian Mawei Shipbuilding for delivery in the fourth quarter of 2026 and the first quarter of 2027. The deal with the yard, which earlier this year also…
-
Construction completed on offshore energy support facility at UK’s Port of Lowestoft
Construction completed on offshore energy support facility at UK’s Port of Lowestoft Baird Maritime Go to baird maritime
-
Spanish firm unveils design images of new windfarm support SOV
Spanish firm unveils design images of new windfarm support SOV Baird Maritime Go to baird maritime
-
Shearwater secures more work off India
Shearwater secures more work off India Norway’s Shearwater Geoservices has continued to win work offshore India with a new contract for a large-scale 2D seismic survey The Bergen-based seismic vessel major has secured about five months of utilisation for its 2010-built SW Thuridur on the continental shelf margin off the west coast of India. The…
-
DEME to build offshore wind terminal at Germany’s Cuxhaven Port
DEME to build offshore wind terminal at Germany’s Cuxhaven Port Baird Maritime Go to baird maritime
-
Vard Electro delivers SeaQ Communication for Ulstein CSOV duo
Vard Electro delivers SeaQ Communication for Ulstein CSOV duo To meet tight construction schedules, complex shipbuilding projects demand efficient system integration and commissioning from suppliers. Fincantieri group member Vard’s marine electrical specialist Vard Electro recently demonstrated its competence in this area with its debut delivery for the Ulstein Verft shipyard: The integrated SeaQ Communication solutions…