The UK will remain the leading offshore wind power market globally by 2025, with its installed capacity increasing from 4.5GW in 2014 to 23.2GW by the end of the forecast period, representing an impressive compound annual growth rate (CAGR) of 30…
The drilling market is turning out to be worse than in 2008-9 and is expected to continue into 2016 and beyond, says Norway’s Akastor as it feels the brunt of the low-oil price driven down turn. The former Aker Solutions company is planning…
Rolls Royce awarded Cortland a contract to supply its BOB 12x12 fiber rope for use on Rolls Royce's next fiber rope deployment system (FRDS). The FRDS system, which will have a single fall capacity of 150t, is being built for AKOFS Offshore…
Adapting to current cost conscious market conditions was the recurring theme of the Aker companies'* open day for investors last week (17 March). Edvard Grieg at Stord yard. Photo from Kvaerner. It…
Distributed offshore engineering users of SACS V5.7 are benefiting from the extended information mobility provided through the software’s integration with the ProjectWise project delivery solution as well as enhanced integration with both MOSES and AutoPIPE…
FoundOcean and BASF signed a strategic agreement to aim to reduce the cost of and increase efficiency when installing offshore wind structures. BASF’s MasterFlow 9500 is the only product to have obtained the type approval certificate from certifying body DNV GL…
Kleven’s Myklebust Verft signed a contract with Ocean Yield ASA for modifications of the Aker Wayfarer vessel to become a deepwater subsea equipment support vessel (SESV). The Aker Wayfarer. From Aker Solutions…
Aker Oilfield Solidtions, a part of newly spun-off firm Akastor, has been notified of a five-year contract extension from Petrobras to use the Skandi Santos, a subsea equipment support Vessel in Brazil. The extension, worth about NOK2…
Petrobras awarded Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) a US$465 million contract to provide subsea intervention services offshore Brazil. The five-year contract slated to begin in 4Q 2016 is for the Aker Wayfarer subsea construction vessel…
Sander Vergroesen, IRO’s managing director Dutch offshore suppliers are innovating to keep ahead, providing solutions in ever deeper and colder waters globally. IRO’s Sander Vergroesen spoke to Elaine Maslin…
UK-based offshore vessel operator Seajacks has taken delivery of its fourth vessel, Hydra (pictured), from Dubai-based oil and gas engineering and fabrication firm Lamprell. Hydra is the fourth vessel Lamprell has built for Seajacks, which has a fifth vessel…
Teekay Offshore Partners L.P. has agreed to acquire ALP Maritime Services B.V., a Netherlands-based provider of long-haul ocean towage and offshore installation services to the global offshore oil and gas industry. ALP currently provides…
NCS Survey, an Acteon company, was awarded a five-year contract with AKOFS Wayfarer AS, a Norwegian marine contractor, for the supply of positioning and survey services aboard the Aker Wayfarer. Since January 2011, NCS Survey has been…
Offshore rig and vessel repair continues to produce attractive returns for yards that are well placed strategically and geographically. OE checks out the latest developments at two players – one in Bahrain, the other in Gibraltar – still relatively…
Cape Wind clears another hurdleThe Cape Wind offshore wind power project in January received a final permit from the US Environmental Protection Agency to begin construction of the first US offshore wind farm. The agency's approval came a…
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