Singapore-listed offshore services provider Marco Polo Marine has completed the acquisition of the offshore renewables service firm PKR Offshore.Marco Polo bought the Taiwan-based company through its 49% owned joint venture company, Oceanic Crown Offshore Marine Services Ltd…
Norwegian subsea services DOF Subsea has won a contract extension for its Skandi Africa subsea construction vessel.The new commitment will now run until February 2024 and will start in direct continuation with the current contract. DOF Subsea did not say who the client was…
Norwegian seismic company PGS said Thursday it had secured solid industry pre-funding for a large MultiClient survey on the Northwest shelf of the Norwegian Sea. The Ramform Atlas vessel is currently mobilizing for the survey, with scheduled acquisition starting around May 10…
Danish offshore wind turbine and foundation installation firm Cadeler has raised EUR 86 million (around $91,25M) via a private placement, with the plan to use the cash to fund a part of the construction of a new 'hybrid' offshore wind farm foundation installation vessel…
Belgian offshore installation firm Deme Offshore and Dutch company Barge Master, which specializes in offshore motion compensation systems, have partnered up to further develop a U.S. Jones Act-compliant feeder solution for the upcoming offshore wind projects in the U…
Danish wind turbine installation company Cadeler is contemplating a private placement of shares to raise funds to pay for a portion of a planned order for a newbuild offshore wind foundation installation vessel (F-Class) vessel.The company, which owns two offshore wind turbine installation vessels…
Edda Wind's Edda Breeze Commissioning Service Operation Vessels (CSOVs) started sea trials over the weekend, Gondan Shipbuilders, the Spanish shipyard that built the vessel, said Tuesday.The CSOV left the Eo estuary to set course for the Port of Gijón…
The U.S. offshore wind sector continues to pick up speed on its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, with a total investment of $205 billion required for the 70 GW of capacity forecast to be added in this and the next decade…
Rawabi Vallianz Offshore Services (RVOS) has chosen to outfit its entire fleet of vessels with the Fueltrax Electronic Fuel Management System (EFMS) to ensure accurate fuel usage transparency and emissions tracking.RVOS, a JV between Rawabi Holding…
Norwegian marine seismic survey company PGS has won a Wide Azimuth 3D acquisition contract offshore Cyprus. PGS, which owns a fleet of seismic survey vessels, said that mobilization was scheduled to start in mid-June. The acquisition is expected to complete in mid-August…
American Bureau of Shipping (ABS) has granted Approval in Principle (AIP) for a design for a wind turbine installation vessel (WTIV) for China Ocean Shipping Company Limited (COSCO) by Friede and Goldman (F&G).According to ABS, the design is…
Australian offshore vessel owner MMA Offshore has agreed to sell its shipyard facility in Batam, Indonesia to Wasco Engineering Group.Wasco will pay $15 million for the shipyard facility. The transaction is expected to complete by December 30…
Belgian offshore installation contractor DEME said Saturday that the 'revolutionary' offshore installation vessel Orion officially joined its fleet.This next-generation vessel is equipped with a powerful 5,000-tonne crane and is designed to handle the massive turbines and foundations of the future…
Dutch shipbuilder Damen Shipyards and offshore gangway specialist Ampelmann have launched the joint venture OceanXpress to provide offshore crew change solutions in the North Sea area. 'This collaboration will see the introduction of a new service…
Danish offshore vessel owner Esvagt and its compatriot Ørsted earlier in April announced an investment in what they said would be the world’s first service operation vessel (SOV) that can operate on green fuels. On Friday, April 29, Turkish…