Ship-to-ship transfers in the Gulf of Oman for Middle Eastern oil from inside the Strait of Hormuz have reached their limits after Saudi Arabia diverted exports from the Red Sea, adding to shipments from other producers, trade sources and analysts said…
Crude oil flows out of the Strait of Hormuz reached 33.7 million barrels so far in the week starting September 20, preliminary ship-tracking data from Kpler showed on Friday, putting exports roughly on track with the previous week's levels.The traffic comprised 19 tankers…
Van Oord has named its two next-generation flexible fallpipe vessels Vindnes and Vestnes, with the 35,000-tonne-capacity ships scheduled for delivery in 2028 and 2029.The purpose-built vessels, currently under construction at Yantai CIMC Raffles Offshore in China…
Fincantieri's Norwegian subsidiary Vard has signed a contract, worth between $76 million and $86 million, to build a commissioning service operation vessel (CSOV) for Dong Fang Offshore, marking the fifth vessel ordered by the Taiwan-based marine contractor from the shipbuilder…
Fugro has secured a marine asset integrity contract in Australia covering the replacement of critical subsea infrastructure and survey and inspection work, with offshore operations expected to start towards the end of 2027.The contract, awarded by an undisclosed client…
Stillstrom by Maersk has signed a letter of intent (LOI) with Semco Maritime to manufacture and deliver a key part of its offshore vessel charging system, moving the technology into manufacturing following completion of its design phase.Semco Maritime will manufacture the local equipment room…
ABL has been appointed by Allseas as marine warranty surveyor for the single-lift removal of the Statfjord A topside in the North Sea, an operation set to use an upgraded 60,000-tonne lifting system aboard Pioneering Spirit.Allseas is carrying out the engineering…
CSL OWL has launched the first of two purpose-built subsea rock installation vessels designed for offshore wind construction and maintenance projects.The vessel, named Rock Star, is the first in CSL OWL's two-ship newbuilding program and is designed to carry up to 17…
Jan De Nul has ordered a second trenching support vessel designed to bury subsea energy cables as it expands its fleet for cable installation and protection.The new vessel will be an exact sister ship to the Isambard K. Brunel, which Jan De Nul ordered in March…
Vard has delivered Dong Fang Offshore's first newbuild, the Orient Inspirer service operation vessel (SOV), two months ahead of schedule, while the company has approved an order for another vessel from the Norwegian shipbuilder valued at up to $86 million…
A new shuttling system is reshaping the Middle East oil market, as producers seek to keep exports flowing despite the escalating regional conflict. The question now is whether this complex, expensive process is a stopgap measure or the global energy market’s new normal…
Cadeler and Vattenfall have signed a memorandum of understanding (MoU) to explore new offshore wind maintenance solutions, with a focus on major component exchanges for operating wind farms.The collaboration between Vattenfall Vindkraft and Nexra…
A total of 17 commodity vessels transited the Strait of Hormuz on the weekend, down from 37 a week earlier, shipping data showed on Monday, as tension in the Gulf persisted with the US and Iran in stalemate.Visible traffic through the strait…
Aesen introduced the Aesen 116H, a next-generation hybrid crew boat developed to support the evolving operational requirements of offshore personnel transportation and infield logistics operations. This vessel combines hybrid propulsion technology…
INEOS Energy has started commercial operations at the Greensand project in the Danish North Sea, opening what it describes as the European Union's first full-scale carbon dioxide storage site, with initial capacity of up to 400,000 tonnes per year…