Subsea services provider DeepOcean said Monday it had secured 'substantial contracts' with oil and gas companies Equinor, ConocoPhillips, and BP worth a total of NOK 2 billion (around $201.8 million). The awards involve subsea inspection, maintenance, and repair(IMR), subsea construction, removal and recycling of subsea equipment, and subsea survey scopes in the North Sea region, until the end of 2026…
Global floating wind capacity will have grown from less than 200 MW at the end of 2022 to around 61 GW of grid connected capacity by 2035. This activity will require over $250 billion in capital expenditure. Over 75% of the forecast activity is expected to come from four countries…
Norwegian offshore vessel owner Solstad Offshore has secured new contracts for two of its subsea vessels (CSV). CSV “Normand Baltic” has been awarded a 180-day contract for providing “Walk to Work” services on an unnamed offshore wind project in Asia…
Subsea services provider Reach Subsea has exercised a one-year option for Havila Shipping's Havila Subsea vessel, keeping the ship busy until December 31, 2024.The commercial terms of the charter agreement for the IMR, survey, and construction vessel…
Norway-based subsea services company Reach Subsea said Thursday it had received a notice of contract award, subject to successful contract negotiation, from an unnamed 'major European energy provider.'The potential contract has a duration of…
Norwegian offshore support vessel operator Havila Shipping has secured a bareboat charter extension for its Havila Harmony vessel.Brazil's offshore service firm OceanPact has declared the option for one-year extension of the bareboat agreement on the Havila Harmony…
A rising tide lifts all boats, as the saying goes, and while the offshore industry is currently experiencing a wide-ranging surge, there are vessel types and specific market segments that are expected to benefit more than others.One such segment is the offshore construction vessel (OCV) types…
Norwegian subsea services company Reach Subsea has exercised the option to charter the subsea support and construction vessel Olympic Triton vessel for three years plus two yearly options, including the six months charter announced in February…
Subsea services company Reach Subsea said Tuesday it had secured a five-month contract with an unnamed 'major renewable energy company,' for delivery of offshore wind-related services.The subsea vessel Deep Cygnus will be utilized on the project…
Norway-based offshore survey firm Argeo said Thursday it had won a deep-sea survey contract comprising multi-sensor data acquisition with AUV for the Norwegian Petroleum Directorate (NPD) to evaluate further mineral resource potential in the northern part of the Mid-Atlantic Ridge (Knipovich Ridge)…
Norwegian subsea services firm Reach Subsea said Monday it had signed three-year frame agreement with Equinor for work on the Norwegian continental shelf and internationally to 2026. The agreement covers the full spectrum of Reach Subsea services…
The Brazilian oil company Petrobras has exercised a charter extension option for DOF Subsea's diving support vessel Skandi Achiever, including ROV and diving services. The new commitment will now run until February 2024.This is the second vessel deal for DOF Subsea in Brazil in as many weeks…
Norwegian offshore vessel owner Eidesvik Offshore has formed a joint venture with offshore services player Reach Subsea to acquire the subsea vessel Edda Sun. The new entity will own and operate the Edda Sun, with Eidesvik as majority stakeholder…
Argeo’s subsea vessel, Argeo Searcher, has completed a rigorous conversion and shakedown program and is now, fully equipped with both SeaRaptor AUV’s, ready to enter commercial AUV operations aligning with expanding backlog of projects.A versatile…
Oslo-listed subsea services provider Reach Subsea said Wednesday it had won a decommissioning contract in the North Sea. The contract is with an undisclosed client, and represents around 40 project days for execution in Q1 2023. Reach Subsea will use the Olympic Delta vessel for the project…
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