Siem Offshore Construction News


Petronas Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

Mar 03, 2026

OceanSTAR Engineering, a subsidiary of OceanSTAR Elite, has entered into a long-term contract with Petronas for the provision of lease, operation and maintenance of a floating production storage and offloading (FPSO) unit supporting the Sepat…

OEG Expands Offshore Wind Fleet With New Crew Transfer Vessel

Mar 02, 2026

OEG, an energy solutions company, has expanded its offshore wind vessel fleet with the delivery of Fulmar, its newest multi-purpose crew transfer vessel (CTV), following successful sea trials.Fulmar will operate in UK waters, with its first charter already secured in Scotland…

Seatrium Delivers Next-Gen WTIV Newbuild to Maersk Offshore Wind

Feb 27, 2026

Singapore-based Seatrium has delivered a next-generation wind turbine installation vessel (WTIV) to Maersk Offshore Wind, following the completion of sea trials and final readiness evaluations.The custom-engineered vessel is designed to install…

SBM Offshore Beats Revenue Forecast

Feb 26, 2026

Dutch offshore oil services company SBM Offshore announced a 57% annual surge in shareholder returns to a record $470 million (397.8 million euros) on Thursday and said it will return at least $2.1 billion to investors over six years.The Amsterdam…

Dajin Signs Up Polish Shipyard for Nordseecluster B Foundation Kits

Feb 24, 2026

Dajin Offshore has signed a $13.1 million contract with Poland’s state-owned Szczecin Shipyard Wulkan to fabricate at least 40 ready-to-install internal platform sets for foundations for the Nordseecluster B offshore wind project in the German North Sea…

Saipem Awarded $500 Million Contract by Aramco

Feb 23, 2026

Saipem has been awarded an additional offshore contract (Contract Release Purchase Order or CRPO) in Saudi Arabia under its existing Long-Term Agreement with Aramco.Saipem’s scope of work includes the Engineering, Procurement, Construction and Installation (EPCI) of a 48inch trunkline…

AKOFS Offshore Inks New Vessel Deal with Petrobras

Feb 20, 2026

Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras for its Aker Wayfarer vessel.AKOFS Offshore, majority owned by Akastor, said the 2010-built vessel will continue…

EEW, CS Wind Deliver First Offshore Wind Monopiles for Vattenfall’s Nordlicht I

Feb 20, 2026

The first monopiles and transition pieces for Nordlicht I have been completed ahead of schedule by suppliers EEW and CS Wind for Vattenfall’s German offshore wind cluster, as offshore construction prepares to begin later in 2026.Each monopile measures up to 80…

Akita Offshore Wind Build Progresses as JERA Defies Cost Pressures

Feb 19, 2026

Japan's top power generator JERA has begun construction of its offshore wind project in Akita, northern Japan, and is on schedule for a 2028 start-up, President Hisahide Okuda said on Wednesday.The move comes despite soaring material and construction costs…

DOF Group ASA Awarded Contract in Argentina

Feb 16, 2026

DOF Group ASA announced the award of a substantial contract for a project in Argentina. The project is scheduled for offshore operations across two campaigns in Q2 and Q3-Q4 of 2026 and will encompass mooring pre-lay, pipeline end manifold installation/construction management…

ABL Secures Work at Egypt’s Kamose Gas Field

Feb 16, 2026

Energy and marine consultancy ABL has been appointed to provide marine warranty survey (MWS) services to support the offshore construction for the Phase 4 development of the Kamose offshore gas field development in the Mediterranean Sea for North Sinai Petroleum Company (NOSPCO)…

AF Offshore Secures North Sea Decom Job

Feb 13, 2026

AF Offshore Decom, a company within AF Gruppen, has signed a contract with Ithaca Energy for the engineering, receipt, cleaning, dismantling, and recycling of a floating storage unit (FSU) from the U.K. sector of the North Sea.The vessel has a total weight of approximately 24…

Island Offshore’s Hybrid OECV Hits Water at Vard Yard in Romania (Video)

Feb 13, 2026

Island Offshore’s new hybrid Ocean Energy Construction Vessel (OECV) has been launched to the water at Vard Shipyards Romania in Brăila.The 120-meter vessel, labeled NB 977, is designed to support offshore operations with reduced environmental impact…

BW Offshore, McDermott Unveil Blue Ammonia FPSO Concept (Video)

Feb 12, 2026

BW Offshore has unveiled a floating blue ammonia FPSO concept developed in collaboration with McDermott International, combining offshore production, carbon capture and direct export to convert surplus natural gas into lower-carbon fuel.The floating production…

NOV’s GustoMSC to Design Korea’s Wind Turbine Installation Vessel

Feb 12, 2026

GustoMSC, through its parent company NOV, has secured contracts for the design and supply of critical equipment for Hanwha Ocean’s new wind turbine installation vessel (WTIV), based on the GustoMSC NG-16000X design, with delivery scheduled for the second quarter of 2028…

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