Norwegian vessel owner Siem Offshore has agreed to sell two anchor handling tug and supply vessels Siem Garnet and Siem Diamond.Siem Offshore said that the vessels would be sold to an independent third party, for further trading outside the offshore shipping industry…
Norwegian offshore vessel owner Eidesvik Offshore has secured a charter deal for its platform supply vessel Viking Prince.The 2012-built, LNG-powered platform supply vessel will support the drilling operations of the Norwegian oil company Aker BP…
Danish offshore vessel owner Esvagt is seeing an increase in activity and has brought more vessels into service to keep up.'Increased activity in the autumn and again this spring have brought more Esvagt vessels into service; most recently the ’Esvagt Castor’ and the ’Esvagt Carpathia’…
Offshore wind installation company Cadeler said Thursday it would replace the main crane on the Wind Osprey jack-up with a bigger one, to make it capable of installing the largest offshore wind turbines.In December last year, Cadeler hired NOV…
Norwegian offshore vessel operator Siem Offshore has won a three-month charter for the 91-meters long AHTS vessel Siem Pearl in Ireland.The contract is with PSE Kinsale Energy Ltd, the Irish subsidiary of the Malaysian oil giant Petronas, which…
Offshore wind development firm Parkwind has this week said that its Arcadis Ost 1 offshore wind farm in Germany had reached a financial close.A group of nine lenders contributed about 570 million euros (about $681 million) to the 257MW Baltic Sea project…
Subsea technology companies Rovco and PanGeo Subsea have teamed up to respond to what they say is the offshore energy market’s growing need for a prompt and detailed understanding of the performance of subsea infrastructure such as anodes, CPS…
Senegal is set to be partly powered by liquefied natural gas for the first time with the arrival at the capital, Dakar, on Wednesday of a floating gas facility from Singapore, the West African nation's state power company, Senelec, said.The…
Offshore installation company McDermott has won a contract with oil firm BHP for a marine installation campaign for the Shenzi Subsea Multiphase Pumping Project (SSMPP) in the U.S. Gulf of Mexico.The project is located around 138 miles (222…
UAE shipbuilder Grandweld Shipyards reports it has delivered four crew boats for Saudi-based offshore oil and gas services provider High Seas Marine Industrial Services Co. (HSM).The newbuilds were handed over within a span of 14 months, despite the numerous challenges of the pandemic…
Miclyn Express Offshore's Miclyn Emperor and Miclyn Empress have secured contracts to perform supply vessel operations at a gas field in the Malaysia-Thailand Joint Development Area (MTJDA) for 3 years and 2 years respectively. The two sister…
Dutch Damen Shipyards Group has delivered a Fast Crew Supplier (FCS) 1605 to offshore installation firm Allseas to support its Pioneering Spirit vessel, the largest offshore construction vessel in the world.The FCS 1605 vessel will perform fast…
Italian offshore engineering and construction firm Saipem, in a joint venture with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), has won a contract with Brazil's Petrobras to build an FPSO for the Búzios offshore field in Brazil…
Oslo-listed offshore vessel owner S.D. Standard Drilling Plc. has agreed to sell the Standard Olympus platform supply vessel for $7.5 million to an undisclosed buyer.'The sale of Standard Olympus will result in a gain for Standard Drilling of gross USD 1…
Liquefied natural gas (LNG) prices are poised for more gains as gas-hungry China guzzles cargoes to feed a rebound in economic growth while the easing of coronavirus-induced restrictions restores industrial demand in India.Higher oil and coal…