Astro Offshore, an Adani Group Company, announced the addition of Astro Achernar, its 50th vessel, marking a defining moment in the company’s journey of rapid expansion and continued success.The 88-meter DP2 Diesel Electric Multipurpose Support…
Siemens Gamesa has confirmed it has scrapped plans to build an offshore wind turbine nacelle factory at Denmark’s Esbjerg Port.The offshore wind turbine manufacturer confirmed it will not proceed with the development of the nacelle plant at the port of Esbjerg at this time…
Malaysia’s state energy firm Petronas has signed a farm-out agreement with its Indonesian counterpart Pertamina for the share of its ultra-deepwater Bobara production sharing contract (PSC), offshore Indonesia.Under the agreement, Pertamina will hold a 24…
Provider of services to the global energy industry Petrofac has filed for administration to the High Court of England and Wales to appoint administrators for the company, following TenneT’s decision to terminate its scope in 2 GW offshore wind grid project in the Netherlands…
Offshore wind developers and equipment suppliers are bracing for a slowdown in business in France where a political crisis has stalled changes to the country's energy framework and government tenders.The threat of a further hit to France's economy…
ADES is the largest jackup drilling contractor globally, with 44 rigs owned, and four under its management, and a fleet valued at $1.98 - $2.2 billion. Shelf Drilling, also among the TOP 5 jackup drilling contractors, has a modern 32-rig competitive fleet valued at $1…
Offshore wind services group Venterra has launched the V-LiDAR, a global fleet of advanced dual LiDAR buoys designed and manufactured in the U.K., aimed at advancing offshore wind measurement capabilities.The launch of the fleet follows $13…
Norwegian offshore supply vessel owner DOF Group has secured contract extensions for two of its subsea vessels, both operating in Guyana.The contract extensions are for Skandi Nomad and Skandi Constructor, which will remain on duty for one more year each…
U.S. shipbuilders and port operators are getting hit in the fallout from President Donald Trump’s campaign to wipe out the offshore wind industry, suffering hundreds of millions of dollars in lost government support, vanishing vessel orders…
Singapore’s Seatrium has received a notice of arbitration from Maersk Offshore Wind’s affiliate, regarding the dispute over the termination of a $475 million contract for a nearly completed wind turbine installation vessel (WTIV) originally…
A consortium of offshore energy companies including TotalEnergies, Equinor, Aker BP, DeepOcean, Tenaris, and LS Cable & System has launched a joint industry project to commercialize a new subsea flowline heating technology designed to cut costs…
Malaysian oil-services company Vantris Energy, formerly Sapura Energy, has through its joint venture company Rawabi Sapura (Rawabi JV) secured a seven-year contract to provide diving support services for Aramco in Saudi Arabia, starting from 2027…
As the maritime industry globally seeks to attract and retain crews, onboard amenities including seamless connectivity for gains in importance.Sign up now to listen in on the webinar 'Crewed Up or Crew Cut? Rethinking retention and recruitment at sea…
Wind industry service company FairWind has reached an agreement to acquire Australian wind installation and maintenance provider Cosmic Group, expanding its presence and service offering in Asia-Pacic (APAC) region.The strategic acquisition…
Norwegian offshore supply vessel owner DOF Group has secured long-term contracts for two of its vessels with Petrobras for work offshore Brazil.The contracts, with a combined value of approximately $200 million, are for Skandi Chieftain high…