MO4, a company providing digital twin solutions for offshore wind farm O&M and turbine and installation vessels, has won a 10-year contract with North Star, a company soon to have a fleet of service operations vessels (SOV) of offshore wind…
Ocean Infinity, a seabed survey and ocean research company based in the United States, has released the first photographs of their Armada 78m remotely operated ship taking to the water, and shared them with Offshore Engineer.More than two years ago…
Danish offshore wind installation services provider Cadeler has officially ordered a $345 million offshore wind foundation installation vessel from China's COSCO Heavy Industries.Cadeler first announced the plan to order the F-class vessel last week…
GAS Entec has completed the conversion of a 125,000m³ LNG carrier into an FSRUfor KARMOL, a joint-venture between Turkey's Karpowership and Japan's Mitsui OSK Lines (MOL), for deployment in Senegal.The company, a subsidiary of Atlantic Gulf & Pacific International Holding (AG&P)…
Guyana is in 'no rush' to draft a new production sharing agreement (PSA) for offshore oil development, its Natural Resources minister told Reuters, reversing a year-long drive to devise new rules for future output.The government of South America's…
Singapore-listed offshore services provider Marco Polo Marine has completed the acquisition of the offshore renewables service firm PKR Offshore.Marco Polo bought the Taiwan-based company through its 49% owned joint venture company, Oceanic Crown Offshore Marine Services Ltd…
Norwegian subsea services DOF Subsea has won a contract extension for its Skandi Africa subsea construction vessel.The new commitment will now run until February 2024 and will start in direct continuation with the current contract. DOF Subsea did not say who the client was…
Singapore's Keppel Offshore & Marine has, via its subsidiary Keppel Shipyard, secured contracts worth around S$250 million (~USD180,4 million) for the integration of two Floating Production Storage and Offloading vessels (FPSO).Keppel Offshore & Marine…
The U.S. Bureau of Ocean Energy Management (BOEM) said Thursday it had completed its environmental review of potential impacts from offshore wind energy leasing activities in the Humboldt Wind Energy Area, located 20 miles offshore northern California…
The U.S. Department of Energy intends to commit $2.25 billion for projects to store carbon dioxide underground and help fight climate change, it said on Thursday.The funding for carbon storage validation and testing over the next five years…
North America’s Building Trades Unions (NABTU) and the offshore wind developer Ørsted on Thursday announced a Project Labor Agreement (PLA) to construct the company’s U.S. offshore wind farms with an American union workforce. A statement on…
The Metals Company (TMC) and Allseas have successfully completed the initial deep-water trials of the polymetallic nodule collector vehicle in the Atlantic Ocean, TMC said Thursday.To remind, back in March, The Metals Company (TMC), a company…
Norwegian seismic company PGS said Thursday it had secured solid industry pre-funding for a large MultiClient survey on the Northwest shelf of the Norwegian Sea. The Ramform Atlas vessel is currently mobilizing for the survey, with scheduled acquisition starting around May 10…
The German government on Thursday signed agreements for the charters of four floating storage and regasification units (FSRUs), as it works to become less reliant on Russian gas, as FSRUs will enable it to import LNG from other sources.The agreements…
Danish offshore wind turbine and foundation installation firm Cadeler has raised EUR 86 million (around $91,25M) via a private placement, with the plan to use the cash to fund a part of the construction of a new 'hybrid' offshore wind farm foundation installation vessel…