Norwegian offshore service and supply ship shipping company Solstad Offshore and Mexican company Subtec S.A have agreed to extend the contract for the construction support vessel (CSV) Far Sentinel with two-and-a-half-years.The 142-meter CSV…
Guyana, located on the northern mainland of South America and nestled between Venezuela and Suriname, has become one of the most exciting regions within the oil and gas industry over the last few years. ExxonMobil has invested heavily in the…
Dutch offshore contractor Heerema Marine Contractors said on Friday it has been assigned to help build the first and largest commercial offshore wind farm in the United States.Situated 14 miles off the coast of Massachusetts, the 800-megawatt…
The world's largest semi-submersible crane vessel will embark this week on its 45-day maiden voyage to Spain.Dutch firm Heerema Marine Contractors’s newest vessel Sleipnir, built by Sembcorp Marine in Singapore, is designed to work on large offshore projects such as installing and removing jackets…
Offshore services firm Subsea 7 announced it has won a contract from Equinor for installation and diving operations on the Europipe II, Heimdal and Statfjord (EHS) fields, located in the Danish and Norwegian sectors of the North Sea.The deal is worth between $50 million and $150 million…
Norwegian shipping company GC Rieber Shipping has been awarded a six-month charter for its Construction Support Vessel Polar Queen.The operator of offshore subsea support vessels, marine seismic vessels and polar logistics and research expeditions…
The subsea services provider to the oil and gas industry Rever Offshore continued to consolidate its North Sea presence, announcing the successful completion of three standalone contracts for energy major, Total E&P UK.The UK-based company said…
It's true that the offshore vessel market is still suffering, but that's not to say there aren't glimmers of positivity.Asset values remain at historic lows throughout much of the offshore sector, but the anchor handler market has been hit hardest…
The world's largest crane vessel, Sleipnir, has completed sea trials and crane load tests, the vessel’s owner Heerema Marine Contractors announced on Friday.The new $1.5 billion semi-submersible crane vessel was built by Singapore's Sembcorp…
Norway's Oceanteam Shipping said that its construction support vessel (CSV) Southern Ocean will support Fugro for a deepwater remotely operated vehicles (ROV) subsea installation project off the coast of Sabah, Malaysia.The offshore services…
New engineering work involving the overhaul of diesel engines on the offshore construction and dive support vessel (DSV) Rever Polaris, has been completed by power specialist Royston.Engineers undertook the DG1 and DG3 24,000 and DG4 36,000…
Europe’s offshore wind market is growing faster than anyone expected – not least in terms of the components being installed. Could this mean a challenge for the existing installation fleet?While offshore wind is seen by many as a maturing market in Europe…
Shipbuilder Royal IHC has launched the fully integrated reel-lay vessel Seven Vega for subsea engineering, construction and services company Subsea 7.The ceremony took place at IHC’s shipyard in Krimpen aan den IJssel, The Netherlands, and was performed by Monica Th…
Acta Marine has held a naming ceremony for its latest walk-to-work construction support vessel Acta Centaurus in Den Helder, the Netherlands.Mrs. Marianne van Oord named the vessel Acta Centaurus. Centaurus being one of the stellar constellations in the northern hemisphere…
While the offshore market is starting to show some positive signs, some vessel owners and operators in the sector continue to suffer.Utilization and rates for offshore supply vessels (OSV) have improved in 2019, particularly in the North Sea…
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