Offshore Construction News

 

IMCA Welcomes DEME Offshore Energy MD as New President

Mar 24, 2026

The International Marine Contractors Association (IMCA) has welcomed DEME Offshore Energy Managing Director Hugo Bouvy as its new President.He succeeded Saipem’s Luca Gentili at the end of his two-year term at a meeting of IMCA’s Board on 18 March…

First Power Start Flowing from Largest US Offshore Wind Project

Mar 24, 2026

Dominion Energy has delivered first power to the grid from its Coastal Virginia Offshore Wind (CVOW) project, marking a key milestone for what is set to become the largest offshore wind development in the United States.Dominion Energy’s Chair…

ExxonMobil Picks SBM Offshore for Guyana FPSO FEED Work

Mar 24, 2026

SBM Offshore has secured contracts from ExxonMobil Guyana to carry out front-end engineering and design (FEED) studies for a floating production, storage and offloading (FPSO) vessel for the Longtail development offshore Guyana.The FEED award…

TotalEnergies Abandons US Offshore Wind for Fossil Fuel Projects

Mar 23, 2026

The United States and French energy major TotalEnergies said on Monday they would redirect nearly $1 billion from offshore wind leases to U.S. oil and natural gas production.The agreement marks a new strategy in the Trump administration's wide-ranging effort to stymie development of U…

US, TotalEnergies to Redirect $1b from Offshore Wind Leases to Oil Gas

Mar 23, 2026

The United States and French energy major TotalEnergies said on Monday they would redirect nearly $1 billion from offshore wind leases to U.S. oil and natural gas production.The deal is the latest blow to the U.S. offshore wind industry, which…

Cadeler’s Nexra Secures New Taiwan Wind Farm Maintenance Campaign

Mar 23, 2026

Nexra, Cadeler’s operations and maintenance service platform, has secured an additional contract for an offshore wind campaign in Taiwan to be executed in 2026.The contract covers operations and maintenance work on two offshore wind farms and…

$112M Offshore Vessel Acquisition Finalized

Mar 18, 2026

Next Geosolutions has finalized financing to support the acquisition of a new offshore vessel, strengthening its fleet and subsea service capabilities as demand grows in the offshore energy sector.The Italy-based marine geosciences and offshore…

SLB OneSubsea Awarded Integrated EPC Contract by CNOOC

Mar 17, 2026

SLB has announced that its OneSubsea™ joint venture has been awarded a multi-well, integrated engineering, production, and construction (EPC) contract by China National Offshore Oil Corporation (CNOOC).The contract encompasses 20 wells and covers…

Tampnet Connectivity for First CO₂ Injection Platform Offshore Netherlands

Mar 17, 2026

Tampnet won a contract with Porthos CO2 Transport and Storage C.V. to deliver communications infrastructure for what will be the first CO₂ injection platform on the Dutch Continental Shelf.The project centers on Platform P18-A, a former gas…

Revolution Wind Now Delivering Power to New England

Mar 15, 2026

Revolution Wind, a 50/50 joint venture between Global Infrastructure Partners’ Skyborn Renewables and Ørsted, started delivering power to New England's electric grid on March 14.Revolution Wind, a 704MW offshore wind energy project, is expected to supply enough electricity to power more than 350…

Trump Administration Directs Sable Offshore to Restore Santa Ynez Operations

Mar 15, 2026

The Trump administration on Friday directed Sable Offshore to restore oil drilling operations off the southern California coast, the U.S. Energy Department said.The move aims to restart oil production at a cluster of offshore platforms as fuel prices continue to rise in the wake of the war on Iran…

Offshore Service Vessels: A Measured Market Recovery

Mar 13, 2026

The outlook for the offshore support vessel (OSV) business has brightened considerably since the dark days of the previous decade and is possibly in a “Goldilocks moment” — not too weak and not too strong. While strengthening, it has not yet reached the point of significant new vessel ordering…

Maersk Offshore Names New WTIV Ahead of US Offshore Wind Deployment

Mar 13, 2026

Maersk Offshore Wind has officially christened its new Seatrium-built wind turbine installation vessel (WTIV) Maersk Viridis, marking the entry of the first vessel in the company’s new offshore wind installation fleet.The naming ceremony was held on board the vessel…

PGE Takes Over 350MW Offshore Wind Project from RWE

Mar 13, 2026

RWE has completed the sale of its F.E.W. Baltic II offshore wind development project in the Polish Baltic Sea to Polish utility PGE.Following the transaction, PGE has become the sole owner of the project, which has a planned generation capacity…

Boskalis Subsea Services Secures Decom Work for Shell

Mar 12, 2026

Boskalis Subsea Services has secured a multi-million-dollar offshore decommissioning contract with Shell UK.The award marks the first decommissioning-specific project Boskalis will carry out for the operator.Under the contract, Boskalis Subsea…

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