Norwegian maritime equipment and technology giant Kongsberg Maritime has received Approval in Principle from Bureau Veritas for its Dynamic Positioning Digital Survey (DPDS) application.Kongsberg says that its DPDS application digitizes all the data derived from the DP Annual tests…
First topside module was lifted and installed earlier this week on the Energean Power FPSO hull at Sembcorp Marine's Admiralty Yard in Singapore.Oil and gas company Energean said that the electrical house (E-house), which contains all the FPSO control equipment and electrical switchgear…
German energy company RWE has informed that it has completed the installation of all 90 turbine foundations and two 50-kilometer long export cables connecting offshore and onshore electrical systems at its Triton Knoll offshore wind farm site…
Oslo-listed offshore vessel owner GC Rieber Shipping said Tuesday it had delivered the Polar King inspection, maintenance, and repair vessel to its new owners.The delivery to new owners, who are yet to be named, comes following last week's announcement…
The global heavy lift vessel market is a difficult place to be. Utilization for the fleet has remained depressingly low since the first oil and gas downturn in 2014, currently hovering around 33% for the global fleet with a lift capacity of over 800 tonnes…
Building a versatile OSV fleet is expensive, even more expensive when your timing is wrong. Buy at the top and you can quickly find yourself exposed if the market suddenly turns, those shiny new assets depreciate rapidly, and large debts, that the (new) poor market cannot service…
Dutch FPSO leasing company SBM Offshore has agreed to take full control of the diving support and construction vessel (DSCV) SBM Installer so it can easier sell it.The vessel is owned by OS Installer, a JV company in which SBM Offshore has a 25% stake…
Turkey said on Sunday that its Oruc Reis exploration vessel will now carry out seismic surveys in a disputed part of the eastern Mediterranean until Aug. 27, in a move likely to stoke tensions in the region.Turkey and Greece, NATO allies, vehemently…
Norwegian oil and gas exploration and production seismic data company TGS has announced the deployment of 'a pioneering sparse ocean bottom node (OBN) survey' in the Atlantic Margin off the coast of mid-Norway. TGS said Monday the initial study…
Three FPSO specialists are competing for Santos' Dorado FPSO front end engineering design contract, set to be awarded later this year.This is according to Carnarvon, Santos' partner in the Dorado field discovered offshore W. Australia in 2018…
Dutch marine services provider Boskalis said on Thursday it expected its 2020 core profit to match last year's result, offering a more optimistic outlook than market forecasts citing well-filled order books.The dredging giant, which counts energy companies among its major clients…
Oslo-listed offshore vessel owner GC Rieber Shipping has agreed to sell the Polar King inspection maintenance and repair vessel to an unnamed buyer.Due to the sale, an impairment of approximately USD 5 million for Polar King is expected to be recognized as per 30…
Singapore's Keppel Offshore & Marine has said that converted FLNG vessels save approximately 33% of greenhouse gas (GHG) emissions compared to an FLNG new build, citing a study by environmental consultants, Environmental Resources Management (ERM)…
Norway-based seismic surveyor Shearwater GeoServices has won its first-ever contract in Vietnam.Under the contract signed with operator SK Innovation, Shearwater will be responsible for a towed streamer 3D acquisition over the offshore Block 16-2…
Belgium-based offshore installation services company Deme Offshore will deliver and install subsea cables for the giant Dogger Bank offshore wind farm, off the North East coast of EnglandUnder a contract which Deme Offshore described as 'substantial'…
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