Denmark's petroleum giant Total E&P Danmark has extended the charter contract for the platform supply vessel (PSV) Havila Herøy for a period of 9 months with 3 optional periods each of one month.The Norwegian provider of supply services to offshore…
The offshore supply vessel (OSV) industry has emerged from its 2017 trough, thanks in large part to a slight shrinkage of the active fleet, a string of debt restructurings, improved cost management, and an uptick in drilling activity in a few regions…
French marine services group Bourbon Corporation, which has been in a court restructuring process after its business was hit by volatile energy markets, said its assets would be taken over by its creditor banks.Bourbon said the Marseille commercial…
Royal IHC, the supplier of equipment, vessels and services for the offshore and dredging markets, has signed a contract with China’s Shanghai Zhenhua Heavy Industries Co (ZPMC) to support the installation and commissioning of the J-Lay system on ZPMC’s multipurpose vessel JSD6000 in Changxing…
Norwegean offshore and subsea shipping company Siem Offshore has won one-year contracts for three anchor handling tug supply (AHTS) vessels in Australia.The Cayman Islands-registered marine transportation and logistics services provider said…
Offshore vessel provider Esvagt has been awarded a new contract with the United Kingdom-based petroleum exploration and production company EnQuest for the provision of emergency response and rescue vessels (ERRV).According to the provider of safety and support at sea…
Belgium-based offshore wind installation specialist Dredging, Environmental and Marine Engineering NV (DEME) has started building its first service operation vessel (SOV), which will be chartered by Siemens Gamesa Renewable Energy (SGRE) for work at three Belgian offshore wind farms (OWF)…
ABS published its Guide for Fuel Cell Power Systems for Marine and Offshore Applications to support the design, evaluation, and construction of fuel cell systems on vessels and offshore assets.“As technology evolves and regulators challenge shipping to decarbonize…
Solstad Offshore announced that SBM Offshore has extended the charter for the construction support vessel (CSV) Normand Installer from an original 105 days commitment (reported August 2018) to a 1-year contract from January 2020, in direct continuation with present contract…
The environment in oil patches onshore and offshore alike has been challenging throughout 2019; worries about an economic slowdown – whether cyclical or induced by a trade war – have weighed heavily on oil prices, even in the face of reduced production by the big producers…
Vroon Offshore Services reports its Singapore-managed anchor-handling tug supply (AHTS ) vessel VOS Champion has started a five-month contract with a major international oil and gas engineering, procurement, construction and installation (EPCI) contractor…
Classification society ABS said it has granted the first Approval in Principle (AIP) to VARD for its design of a Jones Act service operations vessel (SOV).The AIP addresses a customized version of VARD 4 07 US SOV design, with primary functions including accommodation…
AXIS Pipeline Construction Group and ST Engineering Halter Marine and Offshore shipyard have partnered to service the subsea fabrication and installation market. This newly forged partnership, combined with more than 40 years of subsea fabrication and installation management experience…
U.S. offshore wind farm support company Atlantic Wind Transfers (AWT) has signed a multi-million-dollar, market-first order for two state-of the-art Chartwell 24 Crew Transfer Vessels (CTVs), developed by Chartwell Marine.The vessels, to be deployed in support of new wind farms off the East Coast…
Norwegian offshore and fishing vessel builder Havyard Group said Gunnar Larsen will serve as interim CEO until the group finds a replacement for retiring chief executive Geir Johan Bakke.Bakke has been employed in Havyard Group since 2001, and he has been CEO since 2004…