Danish power cable maker NKT has been awarded a combination of five on- and offshore power cable projects embedded in a long-term framework agreement by the German transmission system operator 50Hertz.According to NKT, with a combined value of about 3.5 billion, the order is a new company record for NKT.50Hertz has selected NKT to provide several 525 kV XLPE high-voltage direct current (HVDC) on- and offshore power cable systems for the ongoing development of the German power grid…
Integrated Wind Solutions' subsidiary, IWS Fleet AS, has agreed with the shipyard China Merchants Industry Holdings to postpone equity yard installments of a total of 36 million euros on IWS Seawalker, IWS Starwalker, IWS Moonwalker, and IWS Sunwalker offshore wind service vessels up to one year…
Praxis Automation, a company specializing in ship automation, electrical propulsion, and dynamic positioning systems, will outfit 59 vessels of Saudi-based Rawabi Vallianz Offshore Services's (RVOS) with Praxis DP-2 systems.Under this RVOS fleet-wide contract…
Britoil Offshore Services said this week it had acquired 30 offshore service vessels and supporting offices in Singapore from Dutch shipping firm Vroon.'The acquisition will see an expansion of Britoil’s operating footprint into the Mediterranean…
How will vessel requirements in the emerging floating offshore wind industry differ from those in the existing fixed-bottom segment? Philip Lewis, director of research at Intelatus Global Partners, weighs in.See the full interview here.
The Norwegian offshore vessel owner Golden Energy Offshore Services AS (“GEOS”) said Wednedsay it had entered into a memorandum of agreement (the “MoA”) with an undisclosed buyer for the sale of the subsea support vessel VOS Sugar.The VOS Sugar…
Dutch offshore survey firm Fugro will convert the Fugro Resilience and the Topaz Endurance, two ULSTEIN PX121 platform supply vessels (PSVs), to geotechnical vessels, targeting their deployment in the global offshore renewable energy market…
Offshore wind developer Ørsted is deploying Rutter’s wave prediction technology on board selected crew transfer vessels (CTV) worldwide within its contracted fleet to improve the safe transfer of personnel to offshore wind turbines.Roots of the initiative stretch back to 2018…
Tidewater Inc., the world's largest fleet operator in the offshore support vessel (OSV) industry, has signed a Global Value Agreement (GVA) with engine manufacturer Caterpillar to ensure comprehensive parts, service, monitoring and maintenance…
Maersk Supply Service has secured a contract extension in Angola for its Subsea Support Vessel Maersk Involver for an additional 15 months.The Danish vessel owner said Monday that under the extended contract, the vessel and crew would support various subsea operations off the coast of Angola…
Norwegian offshore wind vessel owner Edda Wind has secured a contract for its service operation vessel Edda Passat.The Edda Passat SOV has operated for Ørsted at Race Bank Offshore Wind Farm since it was built in 2018, and the charter is expiring in October 2023…
Nexans Marine Operations and the Norwegian shipbuilder Ulstein Verft have entered into a contract for the construction of a large DP3 cable-laying vessel, which will be an updated version of the Nexans Aurora vessel, delivered in 2021.The vessel is an ST-297 CLV design by Norway-based Skipsteknisk…
Sturgeon Bay, Wis. shipyard Fincantieri Bay Shipbuilding on Wednesday began construction on a 289-foot service operation vessel (SOV) for a Crowley-ESVAGT joint venture that will house and transport technicians to maintain U.S. offshore wind farms…
Norwegian offshore vessel owner DOF has signed a letter of intent with an unnamed 'major oil company' for an extension of a large Subsea service contract in the Atlantic region.The extension will become effective in November 2023. Estimated revenue from the contract is approximately $60 million…
Two Ulstein-designed Service Operation Vessels (SOV) for Shanghai Electric were launched at the ZPMC construction yard in China on Saturday, September 16.The two vessels are of the ULSTEIN SX195 and SX197 design, carrying 100 POB and 60 POB…
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