After 12 years as SBM Offshore CEO and Chair of the Management Board, Bruno Chabas has decided to step down on April 12, 2024. The Supervisory Board has decided to appoint Øivind Tangen, currently COO and member of the Management Board, as CEO and Chair of the Management Board from that date…
New Jersey's utility regulator on Wednesday approved two offshore wind power projects with a combined capacity of 3,742-megawatts (MW) whose backers include Invenergy and TotalEnergies.The offshore wind industry is expected to play a major role in helping several states and U…
Tidal Transit, a supplier of purpose-design crew transfer vessels for the offshore wind industry, has begun the design and engineering phase of a project to deliver what is said to be the world’s first retrofit electric crew transfer vessel (E-CTV)…
Rovco, a UK-based subsea robotics and survey firm, has added a second hull mounted survey vessel to its fleet with the long-term charter of the DP2 vessel Glomar Worker. The four-year charter with Glomar comes in response to client demand for innovative geophysical and geotechnical survey solutions…
U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Tuesday, powered by strong demand for its services and equipment from LNG producers, as well as offshore and international markets.The company…
Woodside Energy CEO Meg O'Neill said on Wednesday there was no recent precedent for sizable premiums in oil and gas deals as the producer reported it was still in the early stages of talks over a potential $52 billion merger with Santos.The…
Maersk’s offshore vessel-charging venture Stillstrom has launched a collaborative study with EnBW and BP, the developers of the Morgan and Mona offshore wind farms, to assess the viability of integrating offshore charging solutions for service and crew transfer vessels for the two projects…
INEOS Forties Pipeline System (FPS) has selected Liebherr for the supply of a new Ram Luffing (RL) series offshore crane for its Unity Platform in the UK North Sea.After more than 30 years of service, the currently installed RL crane on the Unity Platform has run its course…
Norwegian offshore vessel owner Solstad Offshore has secured $70 million in new contracts and extensions for two of its subsea construction vessels (CSV) that will be employed offshore Brazil.The new contract is for the CSV Normand Fortress with Brazilian state-run oil company Petrobras…
Windward Offshore has exercised its option for the design and construction for two additional hybrid commissioning service operation vessels (CSOV) from Vard.Windward Offshore, a consortium led by ASSC's offshore arm SeaRenergy Group in Germany…
Singaporean shipbuilder Penguin International Limited last week held a ceremony marking the delivery of a milestone vessel.The 40-meter aluminum crewboat, Pelican Breeze, is noteworthy for being Penguin's 100th newbuild vessel powered by Cat C32 ACERT main propulsion engines and Cat C4…
Oslo-listed offshore service company Argeo has informed that its DP2 vessel Argeo Searcher completed the deepwater inspection services at Shell’s Bonga field, and is scheduled to set sail to Indian Ocean for a job with India’s National Centre for Polar and Ocean Research (NCPOR)…
Dutch company Huisman has secured a contract from Subsea 7 for the delivery of its 500MT offshore mast crane for one of pipelay vessels for deep water installations.The 500mt Offshore Mast Crane will be equipped with a passive and active heave…
No new drilling contracts were announced, but a Borr Drilling jackup has left Singapore, while a Shelf Drilling unit is preparing to embark on its journey to the same destination, according to Esgian’s Rig Analytics Market Roundup (Week 3).Drilling…
Subsea solutions provider N-Sea Group has entered into an agreement with Rederij Groen for long-term charter of the vessel Aquarius-G, an offshore support vessel (OSV) built in 2016.With the length of 68.04 meters, 14.95 meters beam and a draught of 5 meters…