Offshore News


Next Geosolutions Buys Offshore Survey Vessel for $7M

Dec 11, 2024

Marine geosciences and offshore construction support services firm Next Geosolutions has acquired a multi-purpose survey vessel (MPSV) from Beitveit Holding for $7.1 million.The vessel, Sea Admiral, will be renamed NG EXPLORER, and will be used for geophysical…

RWE, TotalEnergies Pick Buildout Base for Dutch Offshore Wind Farm

Dec 10, 2024

RWE and TotalEnergies have selected the port of Eemshaven in the northern Dutch province of Groningen as the base for turbine assembly and construction work for their joint offshore wind project OranjeWind in the Dutch North Sea.The OranjeWind…

Hanwha Ocean Gets Bureau Veritas Clearance for FPSO Design

Dec 10, 2024

Shipbuilder Hanwha Ocean has secured an Approval in Principle (AiP) from certification body Bureau Veritas for its standard Floating Production Storage and Offloading Unit (FPSO) design, which includes the latest developments in advanced digital solutions to support more energy efficient operations…

Australia Lays Out Decommissioning Roadmap

Dec 09, 2024

Australia’s Department of Industry has released an Australian Offshore Resources Decommissioning Roadmap that supports the Australian Government’s plan for a Future Made in Australia.Oil and gas titleholders will spend an estimated $60 billion…

Iberdrola Gets Portugese Nod for Wind Farm Start

Dec 09, 2024

Iberdrola has received a production license from the Portuguese Directorate-General for Energy and Geology of Portugal (DGEG), taking another step towards the construction of the largest wind farm in Portugal.Located in the districts of Vila Real and Braga…

Vard Completes Conversion of IT Infinity PSV to Cable Laying Vessel

Dec 09, 2024

Norwegian shipbuilder Vard has delivered IT Infinity vessel to I.T. International Telecom Marine (IT), after completing its conversion from Platform Supply Vessel (PSV) to specialized Cable Laying Vessel (CLV).Built at Vard Brattvaag and delivered to Volstad Maritime in 2008 as the Volstad Princess…

Green Hydrogen Plans Clouded by Uncertainty

Dec 08, 2024

Despite the massive hype surrounding Power-to-X (PtX), most of the world's announced green hydrogen projects lack financing. The market is deemed far too risky by stakeholders.According to the authors of a study from the University of Copenhagen…

First Jacket Foundation for CVOW Substation Sets Sail from Danish Port

Dec 06, 2024

The first jacket foundation for the substation of the Coastal Virginia Offshore Wind (CVOW) project has departed from the Danish Port of Esbjerg and is on its way to the United States to be installed at the country’s largest offshore wind farm…

Sembcorp Signs 10-Year LNG Supply Contract with Chevron

Dec 06, 2024

Sembcorp Industries has signed a Sale and Purchase Agreement (SPA) with Chevron’s Singapore branch to import up to 0.6 million tonnes of liquefied natural gas (LNG) year, starting from 2028.The LNG deliveries will take place over the course of 10 years as agreed by the companies…

ABL Expands Its FPSO Expertise with Latest Acquisition

Dec 05, 2024

ABL Group has entered into an agreement to acquire Brazil-based naval architecture and engineering consultancy Proper Marine, increasing its expertise in floating production storage and offloading (FPSO) sector.Proper Marine will be merged with ABL’s design and engineering arm Longitude…

US to Release LNG Study by Mid-December

Dec 05, 2024

The U.S. plans to issue a study on the environmental and economic effects of liquefied natural gas (LNG) exports by the middle of this month, a Department of Energy official said on Wednesday.'We expect to release the final study ... by mid-December for a 60-day public comment period…

AKOFS Offshore Secures $300M for Well Intervention Vessel’s Work with Equinor

Dec 04, 2024

Equinor has exercised a three-year option for AKOFS Offshore’s well intervention vessel AKOFS Seafarer.The option period is estimated to start in late fourth quarter of 2025, after the vessel has completed its customary Special Periodic Survey…

Fortress’ FTAI Sells Two Offshore Energy Vessels for $143M

Dec 04, 2024

FTAI Aviation, part of Fortress Transportation and Infrastructure Investors, has sold two of its remaining offshore energy vessels for approximately $143 million.FTAI Aviation sold the Pioneer DP2 subsea support vessel and the Pride DP3 offshore well intervention vessel to an unnamed customer…

Petrofac Extends Stay for DDW Offshore’s Skandi Emerald AHTS

Dec 03, 2024

Akastor's subsidiary DDW Offshore has secured a contract extension with Petrofac for its anchor handling tug supply (AHTS) vessel Skandi Emerald.The contract extension is for six months, meaning the contract term has now been extended to July 14…

Senesco’s Sixth CTV Set for Offshore Wind Service

Dec 02, 2024

Senesco Marine has launched its sixth Crew Transfer Vessel (CTV), the WindServe Spartan, which will put to service for United States’ growing offshore wind industry.WindServe Marine, a sister company to the Rhode Island shipbuilder Senesco Marine…

Current News

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

DOF Group ASA Contract Award for Well Intervention Services in North America

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

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