Subsea Cable Assets (SCA) has secured its first contract, a roughly $20 million award from Saipem Contracting Netherlands for cable transportation and handling work supporting a major offshore energy project in the Caspian region.The scope covers engineering…
Golden Energy Offshore Services (GEOS) said Peterson has exercised a further well option for the platform supply vessel (PSV) Energy Paradise, extending its firm employment into early 2027.The option has an anticipated duration of about 100 days and an estimated contract value of $3…
Marine geoscience firm Shearwater Geoservices has secured a seven-week ocean bottom node (OBN) survey in the North Sea that will mark the first commercial deployment of its newly installed electric remotely operated vehicles (ROVs).The survey will be carried out using the SW Tasman…
MacGregor has expanded its offshore technology portfolio with a certified floating-to-floating personnel transfer capability for its Horizon gangway and a new bow transfer system designed for direct ship-to-well transfer of LCO2.The Horizon…
Oil extended gains on Friday amid further concerns around the opening of the Strait of Hormuz, as Iran, working with Oman, suggested banning vessels deemed hostile from the strait and heavily fining those which violated the proposed rules.Brent crude futures LCOc1 were up 85 cents…
Tehran has ruled out Oman's proposal for regional joint management of the Strait of Hormuz, a senior Iranian official told Reuters on Wednesday, scuppering hopes for a resolution to the impasse that has choked off Gulf trade for months.Oman…
Seatrium has received Approval in Principle (AiP) from Bureau Veritas Marine & Offshore for its 30 MW Floating Data Centre (FDC) concept, marking a milestone in the development of offshore digital infrastructure designed to support growing demand for artificial intelligence and cloud computing…
Fewer vessels travelled through the Strait of Hormuz on Wednesday, the first day after the U.S. reimposed its naval blockade on Iranian ports with both countries escalating strikes across the Gulf, shipping data showed.Nine vessels crossed the strait on Wednesday…
Heerema Marine Contractors has reduced the North Atlantic transit time of its semi-submersible crane vessel (SSCV) Sleipnir by 2.5 days following a voyage optimization pilot with French ocean intelligence company Amphitrite.The data-driven pilot…
The number of vessels transiting the Strait of Hormuz fell to multi-week lows on Sunday, shipping data showed, as renewed strikes between the U.S. and Iran and attacks on ships in the Middle East heightened safety concerns.Six vessels transited the strait on Sunday…
Norwegian lighting specialist Glamox has agreed to acquire U.K.-based Consolite Technology, expanding its naval and defense business with specialized military lighting and optical communication technologies.Consolite develops military lighting…
Belgian marine contractor DEME has ordered a next-generation trailing suction hopper dredger (TSHD) as part of a fleet expansion aimed at improving efficiency in dredging, land reclamation and offshore seabed preparation.The new vessel will have a hopper capacity of 22…
Energy and marine consultancy ABL has opened a new office in Salvador, Brazil, expanding its presence in the country and strengthening its asset integrity management offering for the oil and gas, maritime and industrial sectors.The new office…
Four liquefied natural gas tankers controlled by Qatar headed into the Strait of Hormuz on Monday, despite a fall in ship traffic after Iran announced that it had again closed the waterway over the weekend, shipping data showed.The tankers - Wadi Al Sail…
A new engineering design and commercial advisory company focused on offshore wind, subsea transmission and marine infrastructure projects has launched in Ireland under the name of Insight Marine, targeting growing demand for specialist support across the global maritime sector…
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