Offshore Energy News


Eidesvik-Agalas JV to Build New IMR Vessel on Charter with Reach Subsea

Feb 19, 2024

Eidesvik Offshore, together with Norwegian shipowner Agalas, has entered into an agreement to build a new construction support vessel (CSV), which is on charter with Reach Subsea.The newbuild will be equipped to perform inspection, maintenance…

Metis and Esvagt Team Up to Enhance SOV Data Analytics

Feb 19, 2024

Metis Cyberspace Technology is expanding its portfolio of data acquisition, real-time performance monitoring and intelligent analytics solutions to include the needs of service operation vessels (SOVs), following collaborative project with Danish vessel owner Esvagt…

Jumbo Offshore Appoints Middle East Partner as it Eyes Regional Expansion

Feb 19, 2024

Dutch heavy lift shipping and offshore transport and installation contractor Jumbo Offshore has signed a memorandum of understanding (MoU) with Sea Horizon Offshore Marine Services, which will act as its representative in the Middle East region…

OPT to Deploy PowerBuoy in Monterey Bay

Feb 16, 2024

Ocean Power Technologies (OPT) has received funding from California's Naval Postgraduate School (NPS) for the year-long deployment of a PowerBuoy in Monterey Bay.The PowerBuoy, integrating OPT's Maritime Domain Awareness System (MDAS) along…

OEG Acquires Dutch Marine Services Company

Feb 16, 2024

OEG Energy Group has completed the acquisition of Marine Coordination Services (MSC), a provider of marine coordination and offshore project services based in the Netherlands, for an undisclosed consideration.MCS will join the OEG Renewables division…

TechnipFMC to Supply Subsea Systems for Shell’s Sparta Development

Feb 16, 2024

Oilfield services company TechnipFMC has been awarded a ‘substantial contract’ by Shell for the supply of subsea production systems for Sparta development in the Gulf of Mexico.This will be the first integrated engineering, procurement, construction…

Weather Data Gathering Project Underway for US Offshore Wind

Feb 15, 2024

The U.S. Department of Energy (DOE) and the National Oceanic and Atmospheric Administration (NOAA) have launched an 18-month initiative to gather extensive weather, ocean, and wildlife data near the sites of active offshore wind farms and lease areas off the coast of the Northeast United States…

NOV Bags Order for Industry's First Electric Subsea Crane

Feb 15, 2024

NOV reports its Lifting & Handling group has sold what is said to be the industry’s first-ever electric subsea crane. The order was booked at the end of 2023 with an undisclosed client in Europe, NOV said.The first-of-its-kind crane offers enhanced efficiency compared to electro-hydraulic cranes…

SubseaPartner Secures Diving Intervention Contract with Equinor

Feb 15, 2024

Norwegian diving contractor SubseaPartner has secured a long-term frame agreement with energy giant Equinor for diving intervention services.The frame agreement centers on contingency preparedness for Equinor as the main user along with 23 other…

Fugro Sets Up South Korea Base for Offshore Renewables

Feb 15, 2024

Dutch survey company Fugro has opened a new office South Korea, dubbed ‘Fugro UST21’, as part of a joint venture with South Korean marine technology company UST21.Based in Incheon, the new office will provide geo-data solutions for South Korea’s growing offshore renewable energy sector…

Prysmian Signs $5B Contracts with Amprion for Germany’s Offshore Wind

Feb 15, 2024

Italian cable maker and installation services provider Prysmian Group has secured three contracts with German transmission system operator Amprion worth around $5 billion, for two offshore grid connection systems - BalWin1 and BalWin2 - and the underground cable project DC34…

DeepOcean Gets ExxonMobil’s Guyana Task

Feb 14, 2024

Ocean services provider DeepOcean has been awarded a contract by ExxonMobil Guyana for the provision of subsea construction and inspection, maintenance, and repair (IMR) services offshore Guyana in South America.Under the contract, DeepOcean will plan and execute a wide range of subsea activities…

PGS Finds Offshore Wind Site Survey Work

Feb 13, 2024

Norwegian offshore seismic survey firm PGS has secured an offshore wind site characterization contract in Europe.The project will be acquired with PGS' ultra-high-resolution 3D (UHR3D) streamer. According to the company, UHR3D streamer provides…

ABL Wraps Up German Subsea Pipeline Survey Job

Feb 13, 2024

Global energy and marine consultancy ABL has finalized the marine warranty survey scope in connection with the successful installation of Germany’s Ostsee Anbindungsleitung (OAL) subsea pipeline, with the first gas feed-in expected imminently…

Expro Bolsters Well Construction and Intervention Offer with Coretrax Buy

Feb 13, 2024

Oilfield services provider Expro has entered into a definitive agreement to acquire well integrity and production optimization company Coretrax from an investment group led by Buckthorn Partners for $210 million.Subject to customary closing conditions and working capital adjustments…

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