Offshore News


LR Signs MoU on Potential Offshore Hydrogen Project Near London

Jul 02, 2024

Lloyd’s Register has entered into a Memorandum of Understanding (MoU) with H2Terminals Limited and its supply chain partners, HiDROGEN and D3IM, to assess the feasibility of a green hydrogen (H2) infrastructure project in the UK.Parties will…

DOI Approves Ninth US Offshore Wind Project

Jul 02, 2024

The US Department of the Interior has approved the Atlantic Shores South offshore wind energy project – the nation’s ninth commercial-scale, offshore wind energy project approved under President Biden’s leadership.The Atlantic Shores South wind…

Maersk Forms Dedicated Offshore Wind Installation Business

Jul 02, 2024

Denmark-based A.P. Moller - Maersk has launched a dedicated division to provide installation services to the growing offshore wind industry.Maersk Offshore Wind has been formed as a spin off from Maersk Supply Service (MSS), which was acquired…

N-Sea Acquires Geo Plus

Jul 02, 2024

The Netherlands-based subsea services company N-Sea announced it has finalized a deal to acquire Geo Plus based in Groningen, The Netherlands.Geo Plus operates a fleet of five specialized survey vessels—Geo Ranger, Geo Focus, Geo Explorer, Geo Motion…

DOF Group to Acquire Maersk Supply Service for $1.11 Billion

Jul 02, 2024

Norwegian offshore supply vessel company DOF Group on Tuesday announced it has entered into an agreement to acquire Denmark-headquartered Maersk Supply Service (MSS) for $1.11 billion in a cash and stock deal.The combined company, operating under the DOF Group name and brand…

Oceaneering Lines Up Vessel Services Work in the Gulf of Mexico

Jul 02, 2024

Oceaneering International announced its Offshore Projects Group (OPG) segment has been awarded multiple contractual agreements for vessel services with global energy companies, covering operations in the Gulf of Mexico.The scope of work under…

Hanwha Ocean Names New Head of Offshore Engineering

Jul 01, 2024

Hanwha Ocean announced it has hired Bram Van Cann as its new head of engineering for its offshore business.Bram brings to the role extensive expertise in the offshore and renewable energy sectors, with more than two decades of experience at SBM Offshore, ENGIE and Ocean Winds.

Equinor Extends Eidesvik’s PSV Engagement

Jul 01, 2024

Equinor has declared options to extend the contract with Eidesvik Offshore, a Norwegian offshore vessel owner, for its supply platform supply vessel (PSV) Viking Energy.The contract extension runs from April 2025, extending the firm period to April 2030…

Jan de Nul Gets Export Cables Installation Job for Taiwanese Offshore Wind Farm

Jul 01, 2024

Belgium-based offshore installation contractor Jan De Nul has signed preferred supplier agreement with Copenhagen Infrastructure Partners (CIP) for the installation of subsea high-voltage export cable for Fengmiao I offshore wind farm in Taiwan…

Esgian Week 26 Report: Drilling Activity is High

Jun 30, 2024

Esgian provides an update on drilling activity in its Week 26 Rig Analytics Market Roundup.Report SummaryContractsVentura Offshore has been granted exclusive marketing rights from Hanwha Drilling LLC for the newbuild 12,000-ft 7th generation drillship…

US Announces Atlantic Offshore Wind Lease Sale for August

Jun 28, 2024

U.S. President Joe Biden's administration said on Friday it will hold an offshore wind energy lease sale off the coasts of Delaware, Maryland and Virginia in August as part of its broader efforts to expand the industry to fight climate change…

American Offshore Services Launches Its Second CTV

Jun 28, 2024

American Offshore Services (A-O-S) announced the launch of its second crew transfer vessel (CTV), Generater, designed to support the United States' growing offshore wind industry.Generater is a 99-foot, Jones-Act-qualified catamaran built to serve wind farms off the U…

Fulcrum LNG to Pair with McDermott, Baker Hughes for Guyana Gas Project

Jun 27, 2024

A proposed large natural gas project in Guyana by U.S. energy developer Fulcrum LNG includes partnerships with U.S. oil service company Baker Hughes and engineering firm McDermott, the country's vice president said on Thursday.Guyana's President…

Acta Marine’s CSOV Newbuild to Sail Under French Flag

Jun 26, 2024

Dutch offshore vessel owner Acta Marine has announced the expansion into French maritime and offshore energy market with the newbuild construction service operations vessel (CSOV) named Acta Pegasus.The fourth vessel in Acta Marine’s fleet, currently under construction in Turkey…

Does an OSV Newbuild Boom Loom?

Jun 26, 2024

The market for offshore support vessels has experienced tremendous development in the last couple of years. And while we expect the market to continue its positive journey, we would argue that, at least on an overall basis, the market has already recovered to healthy levels at the time of writing…

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