ABB has secured an order from Norwegian shipyard Ulstein Verft to supply an advanced power and propulsion system for a new cable-laying vessel (CLV) being built for Nexans.Upon delivery in 2026, the vessel will join Nexans Skagerrak and sister…
As part of the refurbishment for the operations and maintenance (O&M) base for the Rampion offshore wind farm, Inland and Coastal Marina Systems (ICMS) has installed a floating concrete breakwater within the Port of Newhaven to provide safe berthing facilities for crew transfer vessels (CTV)…
Norwegian offshore vessel owner DOF Group has secured a new contract and a contract extension for two of its vessels that will be employed in the Asia Pacific region.The latest contract secured for the region is related to Skandi Hercules vessel…
Valeura Energy has bought the Nong Yao field’s FSO Aurora for $19 million, and expanded the drilling program at its Wassana field in light of favorable initial results.In a February 13 update shared by the company, Valeura said it had exercised…
The U.S. Department of Transportation's Maritime Administration (MARAD) in December issued a final rule updating its financial requirements for the Federal Ship Financing Program, commonly referred to as Title XI. While the move applies to the U…
Norwegian company Reach Subsea has made charter agreements for two vessels to meet the increasing demand in the subsea services market.Reach Subsea has expanded its capacity by securing charters for both the Northern Maria and Olympic Taurus vessels…
Altera Infrastructure has hired DOF to install Voyageur Spirit floating production, storage and offloading (FPSO) unit as well as one floating storage unit (FSO) at Eni-operated Baleine oil field offshore Ivory Coast.The project includes the complete installation of seabed mooring systems…
Norwegian oil and gas company Aker BP has declared an option to extend the contract for Eidesvik Offshore’s supply vessel Viking Lady.The contract extension runs from February 2025 in direct continuation of the current contract, extending the firm period to February 2026…
Norwegian marine seismic services firm Shearwater GeoServices has been contracted by the Oil and Natural Gas Corporation (ONGC) for a 3D seismic survey project in the Cauvery Basin, located off the east coast of India.This is another contract awarded recently by ONGC to Shearwater…
Seaway 7 and Dong Fang Offshore have signed a memorandum of understanding (MoU) outlining their intention to collaborate in offshore wind market in Taiwan, with a focus on cable installation.The collaboration will focus on developing a robust…
Norwegian offshore wind vessel owner Edda Wind announced it has appointed Hermann Hovland Øverlie as its new chief financial officer (CFO) following the resignation of Tom Johan Austrheim. Øverlie will join Edda Wind March 1, 2024.Øverlie is…
Danish shipowner CBED has signed a contract with Hughes Subsea, a subsidiary of OEG Energy, for Wind Evolution’s first offshore project, just three weeks after acquiring the service operation vessel (SOV).With the new walk-to-work contract,…
NYK and JERA have signed a long-term charter contract for a new liquefied natural gas (LNG) carrier to be built in South Korea by Hyundai Samho Heavy Industries.The vessel will be delivered in 2027 and will be used to transport LNG for JERA…
Naval architecture and marine engineering firm BMT unveiled its new design for a 48-meter service operation vessel (SOV).BMT said the mid-sized vessel sits in between crew transfer vessels (CTV) and typical SOVs, providing a more cost-effective…
New Dual Fuel, Electric+ (DFE+) concept, developed by ABB and MAN Energy Solutions, has been recognized by DNV as a more energy efficient alternative to current conventional designs for liquefied natural gas (LNG) carriers.DNV has quantified…