John Crane News

 

Subsea7 Secures Contract Extension for Seven Viking Subsea Vessel

Apr 10, 2025

Eidesvik Seven Chartering, a joint venture company between Subsea7 and Eidesvik Offshore, has entered into an agreement with Subsea7 to extend the contract for the subsea vessel Seven Viking.Subsea7 declared the remaining option for 2026 and…

Petrovietnam, Petronas Extend PSC for Offshore Block

Apr 09, 2025

Vietnam's state oil firm Petrovietnam and Malaysia's Petronas signed a deal to extend their long-standing Production Sharing Contract for an offshore oil block that overlaps a maritime boundary between the two countries, Petrovietnam said on Wednesday…

Woodside Sells Louisiana LNG Stake to Stonepeak for $5.7B

Apr 07, 2025

Woodside Energy Australia’s top gas producer, said on Monday it agreed to sell a 40% stake in its Louisiana liquefied natural gas plant to U.S. infrastructure investor Stonepeak for $5.7 billion.The deal reduces Woodside's capital spending needs…

Liebherr Equips Agogo FPSO with Two Offshore Cranes

Apr 04, 2025

Crane specialist Liebherr has supplied two offshore cranes to Yinson Production, which will support the operations of Agogo floating production storage and offloading unit (FPSO) at Azule Energy’s field offshore Angola.Two offshore cranes of…

Vietnam to Open Bidding Round for Three Offshore Oil Blocks

Apr 04, 2025

Vietnam's state oil firm PetroVietnam will invite oil companies to bid to develop three offshore oil blocks, the government said on Friday.They include Block 17 in Cuu Long Basin and Block 10/11 and Block 10&11-1 in Nam Con Son Basin, all on Vietnam's continental shelf…

VARD Snags $125M Shipbuilding Deal for Subsea Construction Vessel

Apr 03, 2025

VARD signed a contract with Taiwan's Dong Fang Offshore for the design and construction of one Offshore Subsea Construction Vessel, with option(s). The vessel is of VARD 3 39 design, and the value of the contract is $125 million. This is the third vessel VARD is building for DFO…

Petrofac Scoops $500M Worth of Contracts So Far in 2025

Apr 01, 2025

Oilfield services provider Petrofac, through its Asset Solutions division, has been awarded a collection of scope expansions and new contracts in the first quarter of 2025, totaling $500 million.The awards – which realize growth in Asset Solutions’ core markets and target growth geographies…

NEO Energy and Repsol to Merge UK Oil and Gas Assets

Mar 27, 2025

NEO Energy and Repsol Resources UK have entered into strategic merger, creating one of the largest U.K. North Sea independent oil and gas companies under the name of NEO NEXT.Under the terms of the transaction, the combined business will be…

Cadeler Welcomes Wind Pace WTIV Newbuild to its Fleet

Mar 26, 2025

Danish offshore wind installation firm Cadeler has taken delivery of its latest jack-up wind turbine installation vessel (WTIV), Wind Pace, marking another significant milestone in the company’s ongoing fleet expansion.Delivered safely, on time…

Sea1 Offshore Orders Two More Offshore Energy Support Vessels

Mar 25, 2025

Sea1 Offshore, formerly Siem Offshore, has ordered two more offshore energy support vessels from Cosco Shipping.The vessels are based on a similar design as the first two vessels Sea1 Offshore ordered from the same shipyard in November 2024…

Palfinger to Equip Polish Offshore Wind Farms with Platform Cranes

Mar 24, 2025

Austrian manufacturer of hydraulic lifting and handling systems for marine applications Palfinger Marine has been selected to supply platform cranes for Bałtyk 2 and 3 offshore wind farms, being developed by Equinor and POLENERGIA offshore Poland…

Apollo to Buy Majority Stake in OEG in Over $1B Deal

Mar 19, 2025

Asset manager Apollo has agreed to acquire a majority stake in offshore energy solutions business OEG Energy Group as part of the transaction worth over $1 billion.Apollo, through its funds managed by its affiliates, will take the majority share…

Construction BS Offshore's New CSOV Enters Next Phase

Mar 12, 2025

The hull for Bernhard Schulte (BS) Offshore’s new Commissioning Service Operation Vessel (CSOV) has arrived at Ulstein Verft’s shipyard, marking the start of new phase in the shipbuilding process.The vessel is designed by Ulstein Design & Solutions for ‘walk-to-work’ (W2W) operations…

Techano Oceanlift to Deliver Crane for Dual-Fuel Hybrid CSV Newbuild

Mar 11, 2025

Techano Oceanlift has secured a contract by Sefine Shipyard to deliver an offshore crane to a newbuild construction support vessel (CSV) that the Turkish shipyard is building for a strategic partnership between Agalas, Eidesvik and Reach Subsea…

Van Oord’s Giant Wind Installation Vessel Boreas Reaches Netherlands

Mar 11, 2025

Van Oord’s offshore installation vessel Boreas has arrived in the Netherlands after a voyage from China of almost 14,700 nautical miles for final outfitting and christening before embarking on its first offshore wind project.The Boreas is currently docked at TMA Logistics in the Port of Amsterdam…

Current News

Oil and Gas to Wind Cross-Skill Pilot Delivers First Batch of Qualified Technicians

Oil and Gas to Wind Cross-Skil

Iberdrola Names New CEO

Iberdrola Names New CEO

Aker BP Installs New Jacket at Valhall Field in Southern North Sea (Video)

Aker BP Installs New Jacket at

All Inter-Array Cables Installed at 488 MW French Offshore Wind Farm

All Inter-Array Cables Install

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