Wilhelmsen, one of the world's largest shipping companies, has agreed to acquire a 25% stake in Østensjø Group’s growing offshore wind business Edda Wind.Wilhelmsen has also secured an option to buy another 25% before June 2021. Launched in 2018…
Brazilian oil company Petrobras has started negotiations with the Dutch FPSO supplier SBM Offshore over a potential charter of an FPSO to be installed at the giant Buzios field in the Santos Basin, offshore Brazil.The FPSO, to be named Almirante Tamandaré…
Energy companies, ports and refiners raced on Monday to shut down as Hurricane Sally grew stronger while lumbering toward the central U.S. Gulf Coast, the second significant hurricane to shutter oil and gas activity over the last month.The hurricane…
Harvey Gulf International Marine is continuing its push to diversify, announcing on Monday its plan to convert four of its platform supply vessels (PSV) to be redeployed in the lightering support market.The four vessels will provide lightering services in California…
Norwegian offshore vessel owner Solstad has signed a cooperation deal with Westcon Power & Automation, a provider of hybrid- and fully electric solutions, to develop environmentally friendly and sustainable technologies, with the final aim to make the company carbon neutral by 2050…
Fast-growing offshore windfarms expect low carbon service operations by support vessels, but supplying and handling biofuels is a challenge and the development of ammonia and hydrogen-powered vessels still has a long way to go, ship fuel broker and trader LQM Petroleum Services said…
Sweden's Alfa Laval has secured two orders to supply Framo pumping systems for two FPSOs to operate offshore Brazil.Alfa Laval did not say who the clients were but said the orders had a total value of around SEK 155 million (around USD 17,7 million)…
U.S.-based offshore support vessel provider Hornbeck Offshore Services said Friday it had completed its reorganization and emerged from Chapter 11 Bankruptcy.The company had in April struck a comprehensive balance sheet restructuring support agreement with its lenders…
Norwegian shipbuilder Ulstein has shared the progress update on the construction of the next-gen cable layer the Nexans Aurora. According to Ulstein, the construction is 'well underway.''During a time span of a few days in September 2020, the cable capstan has been installed…
Oil and gas company Energean, working to develop its Karish field offshore Israel, expects that the FPSO being built for the eastern Mediterranean Sea project will set sail from Singapore in the summer of 2021. The London-listed company shared…
Offshore vessel owner Harvey Gulf announced that it will offer a full service fuel carrying vessel solely dedicated to offshore fuel and water deliveries, through the conversion of its 300-foot U.S. flagged platform supply vessel (PSV) Harvey Hawk…
Offshore support vessel (OSV) owner Tidewater Inc. announced Wednesday the appointment of Darron M. Anderson to its Board of Directors, effective immediately.Anderson has served as President and Chief Executive Officer and as a member of the…
Damen Shipyards Group delivered a Fast Crew Supplier (FCS) 2710 to Rederij Groen, who has secured a contract to use the vessel to undertake crew transfers for the oil and gas industry in Germany and DenmarkThe first new FCS 2710 to be delivered in the Netherlands…
Norwegian offshore vessel owner and manager GC Rieber Shipping has signed an agreement to transfer its fleet management services business to OSM Maritime Group, and become a pure shipowner.Under the agreement, GC Rieber Shipping will transfer all technical…
Malaysian FPSO provider Yinson has ordered a large marine compressed air system from TMC for the FPSO Anna Nery, which currently under construction in China, and destined for Petrobras' Marlim revitalization project in Brazil.TMC's compressed…
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