Huisman has secured a contract from Siem Industries to supply four knuckle boom cranes for two offshore subsea construction vessels under construction at Fujian Mawei Shipbuilding in China, with deliveries of the vessels scheduled for 2029 and 2030…
An offshore project can appear to be progressing on schedule until one contractor is ready to move forward and the next cannot start. What appears to be a relatively minor contractual or technical issue can quickly develop into a much larger…
Norwegian government agency Enova has awarded $424.5 million (NOK 3.94 billion) in funding to Fortius Offshore Wind and Fram Wind Solutions for two floating offshore wind projects that will see four large turbines installed off Karmøy over the next five years…
The International Marine Contractors Association (IMCA) has launched IMCA 2030, a four-year strategy designed to ensure the association remains relevant, authoritative, and valuable to members as the offshore construction industry navigates a period of significant change…
DeepOcean has secured a contract from Tullow Ghana to carry out subsea gas lift riser retermination work at the Jubilee field offshore Ghana, using its recently upgraded Orient Adventurer subsea construction vessel.The project involves a gas…
DNV has issued a Statement of Feasibility for Aker BP and Höegh Evi's concept to transport liquefied carbon dioxide (CO2) by shuttle carriers and inject it directly into subsea wells for permanent storage at the Atlas project offshore Norway…
DEME and Prysmian have started installing high-voltage cables in the Veerse Meer lake in the Netherlands for TenneT's IJmuiden Ver Alpha and Nederwiek 1 grid connection projects, using a specially developed pontoon and installation method tailored to the lake's conditions…
Japan's Ministry of Economy, Trade and Industry (METI) and Siemens Energy have signed a memorandum of cooperation to advance floating offshore wind development in Japan, alongside plans to strengthen supply chains and establish a new operations and maintenance (O&M) hub…
Petroleum Marine Services (PMS) has completed the installation of two offshore production platforms at the Kamose gas field in Egypt's North Sinai area, marking another milestone in the fourth phase of the field's development project.The Hoor-1/2 and KSE-1 platforms…
Shipbuilder Vard has launched a new energy construction vessel (ECV) being built for Wind Energy Construction, a Norwegian company partly owned by the founders and owners of Norwind Offshore, with delivery scheduled for the second quarter of 2027…
We are entering in interesting period in the subsea vessel market, as contract backlog among the EPCs continue to rise to new all-time highs, existing long-term contracts are coming up for renewals, and a wave of newbuilds are closing in on delivery…
Global investment firm Carlyle and the European Bank for Reconstruction and Development (EBRD) have agreed to sell Black Sea Oil & Gas (BSOG), Romania's largest offshore natural gas producer, to Mazarine Energy.The transaction covers Black Sea Oil & Gas and BSOG Holding Activity…
With USD$9.87 million (8.85 million euros) in funding from the Federal Ministry for Economic Affairs and Energy (BMWE), Fraunhofer IFAM is establishing a new research infrastructure for wind energy. The FOKUS-Wind project will create Germany's…
Germany's Economy Minister Katherina Reiche on Wednesday said companies may return previously auctioned offshore wind farm sites, provided they pay a penalty to transmission system operators, as mounting economic pressures continue to batter the sector…