MODEC has signed an agreement with Shell for the operations and maintenance of the floating production, storage and offloading (FPSO) vessel, to be deployed at Gato do Mato deepwater field off Brazil, for a period of 20 years.The agreement follows the execution of the Front-End Engineering Design (FEED) contract, which was awarded to MODEC in March 2024, and final investment decision (FID) for the project made by Shell Brasil Petróleo…
BW Offshore has closed the sale of the floating production, storage, and offloading (FPSO) BW Pioneer to a subsidiary of Murphy Oil Corporation for $125 million.Following the close of the transaction, BW Offshore has received the initial payment of $100 million…
Danish offshore wind installation firm Cadeler has taken delivery of its latest jack-up wind turbine installation vessel (WTIV), Wind Pace, marking another significant milestone in the company’s ongoing fleet expansion.Delivered safely, on time…
Aesen, in partnership with its Thailand joint venture Uniwise Offshore, marked a milestone in offshore boat innovation with the keel laying of the WIND Flyer Trimaran Fast Crew Boat. This event, held at Marsun Public Company Limited, represents…
Delfin LNG and German company Securing Energy For Europe (SEFE) have signed a 15-year agreement for 1.5 million tons of U.S. LNG per annum, the companies said on Tuesday.Under the agreement, liquefied natural gas would be exported from floating…
Windward Offshore has established a partnership with Marubeni Corporation. Windward, with a fleet of four CSOVs (Commissioning Service Operation Vessels) currently under construction at VARD shipyards, secured a senior loan facility of up to EUR 182m at the end of 2024…
Miros has extended its agreement with Prysmian for the supply of wave monitoring systems, which have been installed on Prysmian Monna Lisa and Prysmian Marco Polo cable laying vessels (CLVs).Both vessels have been fitted with Miros’ WaveSystem…
Seas Geosciences has completed the conversion of the BOS Princess into a multipurpose geotechnical drilling vessel that is now ready to serve the global offshore energy industry.With its 80-metre length and close to 19-metre beam, the BOS Princess…
Sea1 Offshore, formerly Siem Offshore, has ordered two more offshore energy support vessels from Cosco Shipping.The vessels are based on a similar design as the first two vessels Sea1 Offshore ordered from the same shipyard in November 2024…
Dutch geological data specialist Fugro has informed that its Fugro Mercator vessel had an incident offshore Italy, when it run aground amid deteriorating weather conditions.On March 22, Fugro received report that the geophysical survey vessel…
Petrobras has extended the long-term contract for Skandi Buzios pipelay support vessel (PLSV), owned and operated by joint venture between DOF and TechnipFMC.The existing contract has been extended from April 2025 to September 2026.The PLSV Skandi Buzios went back on-hire to Petrobras on August 1…
Norwegian offshore vessel owner Solstad Offshore has secured a contact with Subsea7 for its subsea construction support vessel (CSV) Normand Subsea.The duration of the contract is two-year firm and three yearly options, with the start on January 1…
Norwegian offshore services company Argeo has completed deepwater work at TotalEnergies’ Venus project, offshore Namibia, taking somewhat longer than expected.Argeo mobilized its Argeo Venture vessel for the job, which is now demobilizing in Walvis Bay…
The Offshore Renewable Energy (ORE) Catapult, in partnership with the National Shipbuilding Office and the Crown Estate, have appointed Cammell Laird shipyard to carry out a detailed analysis of the future market opportunity for U.K.-built ships in offshore wind…
The Switch, a provider of power electronics for the marine industry, has signed a multi-million-dollar contract with Vard Electro to deliver equipment for five diesel-electric hybrid walk-to-work vessels.The Switch will supply its DC-Hub technology to multiple vessels on order at Vard Electro…
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