Marine engineering and propulsion specialist Royston has completed the rapid overhaul of a diesel power plant system onboard a Tidewater Marine operated platform support vessel.Royston engineers undertook the 18,000 running hours service of a Scania DI12 harbor generator…
Norwegian subsea services company Reach Subsea has exercised the option to charter the subsea support and construction vessel Olympic Triton vessel for three years plus two yearly options, including the six months charter announced in February…
Offshore installation services firm Subsea 7 said Friday it had won a major contract for a two-phase subsea development with an unnamed client.The first phase has been recorded in the backlog of the Subsea and Conventional business unit in the second quarter of 2023…
U.S.-based Tidewater, one of the world's largest owners of offshore support vessels, announced Thursday that Larry T. Rigdon has chosen not to stand for reelection as non-executive chairman and will retire from the board at the company's annual stockholders meeting on June 26…
Norwegian offshore support vessel owner Solstad Offshore has agreed to sell 37 platform supply vessels to the U.S. firm Tidewater for $577 million.The sale will mark Solstad Offshore's exit from the platform supply vessel sector. Ongoing PSV charter parties will be transferred to Tidewater…
Norwegian offshore vessel owner Eidesvik Offshore has formed a joint venture with offshore services player Reach Subsea to acquire the subsea vessel Edda Sun. The new entity will own and operate the Edda Sun, with Eidesvik as majority stakeholder…
Subsea Integration Alliance has secured a contract to support the development of BP's Cypre gas field offshore Trinidad and Tobago, which will be tied back to BP's Juniper platform.Subsea Integration Alliance is a non-incorporated strategic global alliance between Subsea 7 and OneSubsea…
Tidewater, one of the world's largest owners of offshore support vessels, will upgrade one of its platform supply vessels (PSV) North Pomor with a new battery package.Norway-based Norwegian Electric Systems AS (NES), a subsidiary of HAV Group ASA…
Norwegian offshore engineering and construction company Aker Solutions, and offshore installation firm Subsea 7, have won 'sizeable' contracts from Aker BP to assist with the development of Trell & Trine offshore discoveries, located in the Alvheim area of the North Sea…
Oilfield services giant Schlumberger and offshore installation specialist Subsea 7 have agreed to renew their Subsea Integration Alliance for a further seven years.Subsea Integration Alliance is an alliance between Subsea 7 and Schlumberger’s OneSubsea subsea technologies…
U.S.-headquartered offshore support vessels (OSV) owner Tidewater Inc. on Friday announced it has completed its acquisition of Singapore's Swire Pacific Offshore Holdings Limited (SPO), creating the industry’s largest OSV fleet.The $190 million transaction adds 50 vessels to the Tidewater fleet…
Tongues are wagging in the offshore sector, as one of the longest-running rumors in the market has finally come true. U.S. offshore vessel owner Tidewater Marine has acquired Singapore's Swire Pacific Offshore for USD 190 million, the company’s…
Offshore service vessels owner Tidewater has signed a partnership agreement with Tero Marine to provide consultancy services and the fleetwide implementation of Tero Marine’s TM Master fleet management software suite.The move is part of Tidewater's…
Offshore engineering and construction company Subsea 7 said Tuesday it had won a substantial contract with an unnamed client.Subsea 7 defines a substantial contract as being between USD 150 million and USD 300 million (Subsea 7's share).The award…
U.S.-based offshore support vessel owner Tidewater said Wednesday it had agreed to acquire Swire Pacific Offshore Holdings Limited (SPO), a subsidiary of Swire Pacific Limited for around $190 million. Tidewater said the transaction would create…
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