Offshore wind vessel company Edda Wind, owned by Wilhelmsen and Østensjø, on Monday announced plan to launch an offering of shares in the company and to apply for a listing on the Oslo Stock Exchange (the “IPO”).Based in Haugesund, Norway, Edda Wind develops…
International Maritime Industries (IMI), which describes itself as the largest maritime yard in the MENA region, has signed a Joint Venture Agreement with Zamil Offshore to deliver Offshore Support Vessel (OSV) building and maintenance, repair…
Norwegian floating oil and gas production systems owner BW Offshore has secured a one-year contract extension in Nigeria for one of its FPSOs.The contract, with Addax Petroleum Exploration (Nigeria) Ltd, is for the lease and operation of the FPSO Sendje Berge…
Danish offshore energy industry services firms Bladt Industries and Semco Maritime have been awarded a contract to deliver substations for Dominion Energy's Coastal Virginia Offshore Wind project in the U.S.The contract comprises three 880 MW offshore substations…
The completion of the controversial Nord Stream 2 gas pipeline to bring more Russian gas into Germany under the Baltic Sea would go some way to relieving the tight gas market this winter, but there were other factors at play, the chief finance officer of utility Uniper said…
Dutch heavy lift shipping and offshore transport & installation contractor Jumbo has completed the transport and handling of offshore wind turbine foundation components for Ørsted’s Hornsea Two offshore wind farm in the UK.Supporting DEME Offshore…
Shell said on Friday it had restarted production at its offshore Mars and Ursa in the Gulf of Mexico and began exporting oil and gas through a transfer facility, which was shut due to damage from Hurricane Ida.The oil major was the hardest-hit producer from Ida…
U.S. company Dominion Energy expects to file plans later on Friday with the Virginia State Corporation Commission for approval to construct the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW) commercial project, which will generate enough clean energy to power up to 660…
Norwegian offshore vessel owner Havila Shipping has sold the platform supply vessel Havila Crusader.Havila Shipping said Friday it had sold the platform supplier to a foreign owner, 'who will use the vessel outside the offshore industry. 'The…
A top U.S. official on Thursday challenged nations to join the United States in setting aggressive goals to expand electricity production from offshore wind.Interior Secretary Deb Haaland issued the call during an appearance at the United Nations climate change conference in Glasgow…
Offshore installation contractor DEME Offshore has said it has secured a +$1.1 billion Balance of Plant (BoP) contract for the construction of the Coastal Virginia Offshore Wind (CVOW) project in a consortium with Prysmian. The contract, with a total value amounting to +$1…
Norwegian investment company Standard Drilling said Tuesday it had sold its 33.3% ownership in the VLCC Gustavia S, following the updated company strategy. Standard Drilling, which in 2013 sold off its offshore drilling rigs, only to return as offshore vessel owner in 2016…
Norwegian offshore vessels owner Island Offshore said one of its ships is the first offshore vessel on the Norwegian shelf running on biofuel.This pilot program, run by Lundin Energy Norway on board Island Offshore's platform supply vessel (PSV) Island Crusader…
U.S.-based offshore vessel owner Jackson Offshore Operators has acquired the M/V STORM platform supply vessel.Once it has completed regulatory requirements, the M/V STORM will start a five-year contract with Shell in the U.S. Gulf of Mexico…
Grandweld shipyard has won a contract with offshore support vessel firm Stanford Marine to build two 42-meter GrandSuperior crew boats with the keel-laying ceremony recently completed. These are Grandweld’s 11th and 12th vessels built for Stanford Marine…