Offshore News


Huisman Set to Equip Cadeler’s OW Jack-Ups with Cranes and Installation Tools

Jul 09, 2024

Huisman has signed two contracts for the supply of cranes and installation tools for Cadeler’s A-Class newbuild offshore wind farm installation vessels.The first contract is for the design and construction of a Leg Encircling Crane (LEC) and…

Damen to Build Sixth Dual-Fuel Hydrogen CSOV for Windcat

Jul 09, 2024

Dutch shipbuilder Damen has secured a contract to build the sixth commissioning service operation vessel (CSOV) for offshore personnel transfer provider Windcat.The contract marks the further strengthening of the working relationship between Damen…

Vard-Built Cable Layer for NCT Offshore Hits Water

Jul 09, 2024

Vard has launched the cable laying vessel (CLV) being built for Danish offshore services firm NCT Offshore, ahead of delivery planned later in 2024.The newbuild CLV, named Freja, has been launched at Vard Shipyards in Tulcea, Romania.The vessel features VARD 9 01 design…

Avangrid to Sell Kitty Hawk North Offshore Wind Lease Area to Dominion Energy

Jul 08, 2024

Avangrid, the U.S. unit of Spain's Iberdrola, has agreed to sell its Kitty Hawk North offshore wind lease area to utility firm Dominion Energy for about $160 million, the companies said on Monday.Located in offshore North Carolina, Kitty Hawk…

Uncertainty Clouds US Offshore Wind in the Near Term

Jul 08, 2024

U.S. offshore wind aspirations, both federal and state, have resulted in excitement about the potential opportunity of a large U.S. offshore wind market. But uncertainty, initially financially driven and increasingly a result of political uncertainty…

MODU Market Shrugs Off Contract Suspensions

Jul 07, 2024

The Middle East Gulf offshore market continues to exhibit strong growth in contract awards, even as it adjusts to the decision by Saudi NOC Aramco to suspend contracts for over 20 jack-up rigs.The Gulf region continues to contribute strongly to contract volumes in 2024…

Esgian Week 27 Report: A Lull in Contracting

Jul 07, 2024

Esgian provides an update on the current lull in contracting in its Week 27 Rig Analytics Market Roundup.Report SummaryContractsAban Offshore-owned 250-ft jackup Aban II has received a letter of award (LOA) from Oil India for an offshore work program in Andhra Pradesh…

Golar LNG Signs 20-Year FLNG Deal

Jul 07, 2024

Golar LNG has entered into definitive agreements with Pan American Energy (PAE) for a 20-year deployment of a floating liquefied natural gas (FLNG) vessel in Argentina.The FLNG project will monetize Argentine gas, tapping into the vast resources…

WINDEA CTV Fleet Takes Shape

Jul 05, 2024

With its two latest vessel deliveries, WINDEA CTV has completed its inaugural fleet of Jones Act qualified crew transfer vessels (CTV) to service the growing U.S. offshore wind industry.The four brand-new Incat Crowther-designed hybrid-ready…

NKT Upgrades Its CLV for Better Offshore Installation Services

Jul 04, 2024

Danish subsea cable and services firm NKT has boosted the offshore installation capabilities of its cable laying vessel (CLV) NKT Victoria by conducting several technical upgrades.According to NKT, the vessel now features increased cable load capacity…

Sinopec Strikes Large Oil, Gas Flow at South China Sea Well

Jul 03, 2024

China's Sinopec Corp has struck a high flow of oil and gas in an offshore exploration well in the Beibu Gulf of the South China Sea, it said on Wednesday.The well, Hai-3, a rare slanted well with a drilling depth of 4,600 meters (2.86 miles)…

LR Signs MoU on Potential Offshore Hydrogen Project Near London

Jul 02, 2024

Lloyd’s Register has entered into a Memorandum of Understanding (MoU) with H2Terminals Limited and its supply chain partners, HiDROGEN and D3IM, to assess the feasibility of a green hydrogen (H2) infrastructure project in the UK.Parties will…

DOI Approves Ninth US Offshore Wind Project

Jul 02, 2024

The US Department of the Interior has approved the Atlantic Shores South offshore wind energy project – the nation’s ninth commercial-scale, offshore wind energy project approved under President Biden’s leadership.The Atlantic Shores South wind…

Maersk Forms Dedicated Offshore Wind Installation Business

Jul 02, 2024

Denmark-based A.P. Moller - Maersk has launched a dedicated division to provide installation services to the growing offshore wind industry.Maersk Offshore Wind has been formed as a spin off from Maersk Supply Service (MSS), which was acquired…

N-Sea Acquires Geo Plus

Jul 02, 2024

The Netherlands-based subsea services company N-Sea announced it has finalized a deal to acquire Geo Plus based in Groningen, The Netherlands.Geo Plus operates a fleet of five specialized survey vessels—Geo Ranger, Geo Focus, Geo Explorer, Geo Motion…

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