Dutch heavy lift and transportation company Mammoet has said it has won its largest-ever contract at the Arctic LNG 2 project in Russia.Mammoet said Monday the contract was awarded by Technip-led joint venture NovArctic in cooperation with Saipem and NIPIgas…
The total value of the global pool of offshore oil and gas decommissioning projects that will accumulate through 2024 could reach $42 billion, with the North Sea region taking up the biggest chunk, most notably the UK part, energy intelligence company Rystad Energy said in a report…
Dutch offshore services provider Fugro has said it has received $17.3 million from the sale by Global Marine Group of a 30% stake in Huawei Marine Networks (HMN) to Hengtong Optic-Electric Co Ltd. The proceeds are in addition to EUR 34.0 million…
Prysmian, the world's largest cable maker, pledged on Friday to raise the share of revenues from low carbon products to 50% by 2022 as part of plans to cut its carbon footprint.The Italian company, which supplies cables for industries ranging…
At these difficult times when companies involved in the offshore industry are cutting jobs across the board as one of the ways to preserve cash, there's one offshore vessel operator that, while indeed cutting salaries, is keeping the jobs in place…
Australia's Nauti-Craft and Singapore's ST Engineering Marine Ltd, the marine arm of Singapore headquarters ST Engineering, have signed a letter of intent to explore options of collaborating on crew transfer vessels (CTV) for the offshore wind industry…
Hornbeck Offshore Services has filed for chapter 11 to implement a prepackaged reorganization plan, according to a court filing in the U.S. Bankruptcy Court in Houston.The U.S.-based offshore vessel owner with more than $1 billion in long-term…
Longitude Engineering, an LOC Group company, has said it has provided concept and basic design services, as well as construction specification for yard engagement and procurement activities, for a new DP2 cable lay ship for Woen Jinn Harbor Engineering (Woen Jinn)…
Wind turbine maker Siemens Gamesa has unveiled a new SG 14-222 DD offshore Direct Drive wind turbine with 14-megawatt (MW) capacity.The capacity can reach up to 15 MW using the company’s Power Boost function. The turbine will have a 222-meter diameter rotor…
Five people were injured earlier this month while working on the Seaway Heavy Lifting's Seaway Strashnov installation vessel on the Triton Knoll offshore wind farm project in the UK.This was confirmed to Offshore Engineer by innogy, the operator of the offshore wind development…
A Russian pipe-laying vessel Academic Cherskiy which Moscow can use to finish laying pipes for the Nord Stream 2 gas project, has moored near the German logistics hub in Mukran, Refinitiv Eikon tracking data showed on Monday.Led by the state gas company Gazprom…
Norwegian offshore support and subsea service vessel owners DOF and DOF Subsea have reached stand-still agreements with lenders representing to 93% secured debt of DOF companies. The agreement means all payments of principal and interest to…
The SeaMar Group said its offshore support vessel Deep Helder has been hired on a six-month contract to support seabed mapping work for MMT. The contract for the 2014-build DP2 survey and ROV vessel will start in July 2020.Leo Balkema, Managing…
SBM Offshore, the Netherlands-based FPSO supplier, has shared a video of its Liza Unity FPSO Hull going into the dry dock in Singapore.The hull was ordered on speculation in 2017 as the first of what are now five hulls being built as part of SBM Offshore's Fast4Ward standardized-FPSO-hull program…
Manor Renewable Energy (MRE) has signed a contract with Siemens Gamesa Renewable Energy for the SeaMade Offshore Wind Farm, under which MRE will provide temporary power provision during the turbine commissioning phase.Located in the North Sea…