U.S. offshore vessel owner Hornbeck Offshore Services said Monday it had has acquired three high-spec new generation offshore supply vessels ('OSVs') from the U.S. Department of Transportation's Maritime Administration ('MARAD') for an undisclosed amount of cash…
Aker Solutions, a Norwegian engineering and construction company in the offshore energy industry field, has agreed to acquire Unitech Power Systems, an electrical power systems consultant.'The acquisition is an important step towards Aker Solutions…
U.S. offshore wind developer Vineyard Wind said Friday that Klaus S. Moeller, Project Director of Vineyard Wind 1 offshore wind project, was being promoted to CEO.Vineyard Wind, a joint venture between Copenhagen Infrastructure Partners (CIP) and Avangrid Renewables…
Oilfield services giant Petrofac has won two new contracts with Cairn Oil & Gas, Vedanta Limited, India’s largest private oil and gas exploration company. With a combined value of around $100 million, the wins include Petrofac’s first significant Operations and Maintenance (O&M) contract in-country…
Malaysian company Sapura Energy has issued a termination notice to Yunneng Wind Power in relation to a contract for the transportation and installation of monopiles at the Yunlin offshore wind farm in Taiwan, over an alleged breach of contract…
ABB has secured an order of around $27 million to supply Eneti’s two newbuild vessels with advanced power, automation, and control systems for improved safety and performance.The two $330 million wind turbine installation vessels (WTIV) will…
U.S. Bureau of Safety and Environmental Enforcement (BSEE) inspectors and engineers last week carried out an offshore regulatory pre-production inspection of Murphy Oil’s King’s Quay floating production system (FPS) platform. The facility, a semi-submersible FPS…
Abu Dhabi's AD Ports Group, owned by sovereign wealth fund ADQ, said it raised 4 billion dirhams ($1.1 billion) in proceeds from its primary issuance and would list its shares on the bourse on Tuesday.AD Ports Group, which operates ports, logistics and industrial zones…
Aberdeen-based offshore rig inspection company ADC Energy has said it has been awarded its third contract in Asia-Pacific (APAC) in the first quarter of 2022 to provide its specialist rig inspection services to an unnamed global E&P operator in Malaysia…
Gulf Marine Services (GMS), a company providing jack-up service vessels for the offshore oil, gas, and renewables industries, has appointed Alex Aclimandos as its Chief Financial Officer.' Alex brings with him a wealth of progressive international…
Dutch shipbuilder Damen is putting finishing touches on its 'ground-breaking' Fast Crew Supplier (FCS) 7011 vessel class – the Aqua Helix - with Ampelmann gangway recently installed and integrated with the ship’s systems, and the vessel undergoing the final stages of sea trials…
Engineering and maintenance services firm Sparrows Group has secured a three-year contract award from Serica Energy for crane operations and maintenance services on the UK North Sea platform, Bruce. Sparrows will provide resident focal points…
Norwegian offshore drilling technology company Enhanced Drilling (EDR) has recently received an order from Shell to supply a second EC-Drill Controlled Mud Level (CML) system to be used in the Gulf of Mexico (GOM). The Managed Pressure Drilling (MPD) system…
An oil vessel used for storage that exploded off the coast of Nigeria last week had not been maintained for some time and had technical issues, two sources and an environmental group said on Friday, as its wreckage lay in the sea after the fire was put out…
Strategic Marine announced it has completed the acquisition of a significantly larger shipbuilding facility in Singapore in a move intended to boost the company's shipbuilding capacity and product range.Strategic Marine has acquired the fixed…
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