Offshore News


Offshore: OSV Market Report

Dec 08, 2019

The environment in oil patches onshore and offshore alike has been challenging throughout 2019; worries about an economic slowdown – whether cyclical or induced by a trade war – have weighed heavily on oil prices, even in the face of reduced production by the big producers…

Zentech, WW Industries Partner

Dec 06, 2019

Two Houston based firms have teamed up to provide offshore drilling rig surveys, engineering and manufacturing for rig modifications or upgrades.Marine engineering and naval architecture firm Zentech Incorporated said it has partnered with fabrication…

VOS Champion Starts New Charter

Dec 06, 2019

Vroon Offshore Services reports its Singapore-managed anchor-handling tug supply (AHTS ) vessel VOS Champion has started a five-month contract with a major international oil and gas engineering, procurement, construction and installation (EPCI) contractor…

First Jones Act SOV Gets ABS Nod

Dec 06, 2019

Classification society ABS said it has granted the first Approval in Principle (AIP) to VARD for its design of a Jones Act service operations vessel (SOV).The AIP addresses a customized version of VARD 4 07 US SOV design, with primary functions including accommodation…

SBM Orders Two More Fast4Ward Hulls

Dec 05, 2019

SBM Offshore announced it has signed contracts with Chinese shipyards for the construction of the company’s fourth and fifth hulls under its purchase program for Fast4Ward newbuild multipurpose floating production, storage and offloading unit (FPSO) hulls…

AXIS, STEHMO Supporting Subsea Installation Market

Dec 04, 2019

AXIS Pipeline Construction Group and ST Engineering Halter Marine and Offshore shipyard have partnered to service the subsea fabrication and installation market.  This newly forged partnership, combined with more than 40 years of subsea fabrication and installation management experience…

AWT, Blount, Chartwell Sign Offshore Vessel Deal

Dec 03, 2019

U.S. offshore wind farm support company Atlantic Wind Transfers (AWT) has signed a multi-million-dollar, market-first order for two state-of the-art Chartwell 24 Crew Transfer Vessels (CTVs), developed by Chartwell Marine.The vessels, to be deployed in support of new wind farms off the East Coast…

Njord A Lifeboats Feature Electric Propulsion

Dec 03, 2019

VIKING has secured a contract from Kværner AS to deliver three VIKING Norsafe E-GES 52 electric free-fall lifeboats and compatible davits, in a significant advance for electric propulsion. The contract, part of the upgrade of Equinor’s Njord A platform in the Norwegian Sea…

Havyard Group Taps Larsen as CEO

Dec 02, 2019

Norwegian offshore and fishing vessel builder Havyard Group said Gunnar Larsen will serve as interim CEO until the group finds a replacement for retiring chief executive Geir Johan Bakke.Bakke has been employed in Havyard Group since 2001, and he has been CEO since 2004…

Turkey Inks Maritime Boundaries Deal with Libya

Nov 28, 2019

Libya's internationally recognized government and Turkey have signed an agreement on maritime boundaries in the Mediterranean Sea that could complicate Ankara's disputes over energy exploration with other countries.Turkey, which announced the…

Jan De Nul orders Offshore Installation Vessel

Nov 27, 2019

Six months after the offshore installation vessel Voltaire, Jan De Nul Group orders Les Alizés, a floating installation crane vessel from the CMHI Haimen shipyard in China.Together with the Voltaire, this new vessel will be in a super-size class of its own…

EU Targets 450 GW Offshore Wind by 2050

Nov 27, 2019

The EU Commission’s big goals for offshore wind – between 230 and 450 GW by 2050 – are achievable provided the right investments in electricity grids and Governments take the right approach to maritime spatial planning, said a report.According…

Peterson, Itaoca Join Brazil Offshore Project

Nov 27, 2019

Itaoca Terminal Marítimo SA (Itaoca Offshore) and logistics provider Peterson Offshore Group have formed a partnership and consulting agreement for development of the Itaoca Offshore project.The Itaoca Offshore project will be a private terminal (TUP)…

Masirah Contracts Wings Offshore for FSO

Nov 27, 2019

Masirah Oil, an exploration and production company operating Block 50 offshore Oman, has awarded a contract to Wings Offshore for a floating storage and offloading (FSO) vessel, which will be used on a field located offshore Oman.Masirah said…

Rever Offshore Extends Topaz Charter

Nov 27, 2019

Subsea and offshore solutions provider Rever Offshore has announced a three-year extension to the charter of its dive support vessel (DSV) Rever Topaz.The contract will see Rever Offshore secure exclusive and uninterrupted access to this asset…

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