Norway’s IKM Gruppen has acquired Hendrik Veder Group, headquartered in Rotterdam.The combined entity will operate under the new name IKM Hendrik Veder.Hendrik Veder Group brings a distinguished 225-year legacy, making it one of the oldest maritime enterprises in the Netherlands…
In separate ad hoc meetings of the Gas Coordination Group and the Oil Coordination Group held on March 12, the Commission and EU countries assessed the situation concerning the EU’s gas and oil security of supply in view of the continued disruptions in the Middle East…
Rovtech has signed a strategic collaboration agreement with Unique Group to expand sales, service and support for its VALOR remotely operated vehicle (ROV) systems in the Middle East and Asia Pacific.Under the agreement, Unique Group will promote…
Abu Dhabi Ports Group, via its subsidiary SAFEEN Drydocks, has acquired full ownership of Balenciaga Astilleros Shipyard in Spain for a total consideration of $13.1 million, consolidating the group’s operations in Spain and the Mediterranean and supporting its expansion in the offshore wind sector…
Subsea services provider OMS Group has signed contracts with Ulstein for the design and construction of two cable laying vessels (CLVs).The vessels will be designed by Ulstein Design & Solutions and constructed at Ulstein Verft, with delivery planned for 2028…
Norwegian offshore vessel owner Solstad Maritime has sold its Normand Clipper construction support vessel (CSV) to Global Maritime Group.Global Maritime Group, the current charterer of the vessel, declared the purchase option for the Normand Clipper…
The Australian Government has published a consultation paper seeking feedback on reforms to Decommissioning and Financial assurance arrangements for the offshore oil and gas industry.Australia has up to A$60 billion of offshore oil and gas decommissioning…
Australia’s estimated offshore oil and gas decommissioning cost has been revised down to $28.3 billion (A$43.6 billion) by 2070, supported by rising sector efficiency and improved forecasting methods, according to new research from global energy consultancy Xodus…
Hoyer, a global supplier of electric motors and automation solutions, and VMS Group, a marine service provider, have merged to create Hoyer VMS Group, a new company aiming to deliver a unique global offering for power and motion solutions across marine and industrial markets…
DOF Group ASA's revenue for 3rd quarter totals USD 501 million and EBITDA totals USD 205 million. The operating profit (EBIT) is USD 138 million. Net financial cost amounts to USD -1 million, including unrealized currency gain of USD 20 million…
Ignitis Group, a Lithuanian state-owned energy holding company, has submitted a bid for the rights to develop at least 700 MW of offshore wind capacity in the Baltic Sea, as part of Lithuanian state-backed auction.Ignitis Group participated in the tender through ‘Ignitis renewables projektai 5’…
Energy services company Global Energy Group has rebranded as Global and unveiled plans to build a new 2,000 square meter headquarters in Inverness as part of its strategy to grow turnover from $400 million to $670 million within three years…
MCS Group’s Photo Realistic 3D Cloud (PRC) technology has been deployed in the West Delta Deep Marine (WDDM) gas field development offshore Egypt, improving accuracy and reducing subsea survey time for Burullus Gas Company, a joint venture between…
Roll Group has signed the long-term charter of the wide deck carrier Bigroll KMC Beaumont from its partner KMC Bluewhale.The vessel was delivered in Singapore and will immediately begin operations to support of Roll Group’s expanding global project logistics and transportation services…