After a slowdown in activity during 2020/2021 due to soft commodity prices, demand for FPSOs is picking up.With exploration hotspots like Namibia’s Orange Basin and the East Mediterranean delivering new finds, the FPSO market outlook is healthy…
MAN Energy Solutions has announced the sale of its gas turbine business to China’s CSIC Longjiang GH Gas Turbine.CSIC Longjiang GH Gas Turbine (GHGT) develops small and medium-sized gas turbines in a 5 to 50 MW range as well as high performance and combustion technologies…
Havila Shipping announced it has secured contract extensions for two of its platform supply vessels (PSV).The Norwegian offshore support vessel owner said on Tuesday it has entered into an agreement with Equinor Energy AS for the PSV Havila…
The energy transition is moving ahead amid recovery in offshore oil & gas and growth in offshore wind, leaving vessel owners that serve these markets with big questions about energy carrier and energy converter selection for their newbuilds…
ABB has introduced a new Operational Planner module for its ABB Ability OCTOPUS – Marine Advisory System to help offshore fleet managers plan and optimize the maintenance of offshore wind farm operations.For support vessels moving between turbines or rigs during a single shift…
The Brazil-bound FPSO Sepetiba sailed away from the BOMESC shipyard in China on June 16, 2023, following completion of the topsides integration and onshore commissioning phases.The unit—SBM Offshore’s third Fast4Ward FPSO—is transiting to the Mero field in the Santos Basin offshore Brazil…
Marine engineering and propulsion specialist Royston has completed the rapid overhaul of a diesel power plant system onboard a Tidewater Marine operated platform support vessel.Royston engineers undertook the 18,000 running hours service of a Scania DI12 harbor generator…
A rising tide lifts all boats, as the saying goes, and while the offshore industry is currently experiencing a wide-ranging surge, there are vessel types and specific market segments that are expected to benefit more than others.One such segment is the offshore construction vessel (OCV) types…
France-based LD Tide has ordered a new crew transfer vessel (CTV) from Singaporean aluminum boat builder Strategic Marine.The newbuild will by a hybrid-ready StratCat 27 (SC27) designed by BMT.LD Tide, joint venture between top French shipping…
Offshore wind turbine and foundation installation companies Cadeler and Eneti announced they have agreed to merge through a stock-for-stock exchange.The combined company will be named Cadeler, headquartered in Copenhagen, Denmark, with its shares…
Rem Power is tabbed as a ‘game changer’ in the SOV market, with a number of technological highlights including the mutual design, development and delivery of an innovative 5-ton, electric, heave compensated crane from Seaonics. Ronny Pål Kvalsvik…
Offshore installation services company Jan De Nul Group has awarded Dutch marine equipment maker Huisman a contract for the delivery of a3,500mt Monopile Spreader Bar for its flagship vessels Les Alizes and Voltaire.According to Huisman, the…
Japan's Mitsui O.S.K. Line has concluded a time charter contract with Shimizu Corporation for two crew transfer vessels (CTV) for an offshore wind farm at Ishikari Bay New Port. 'This marks the MOL Group’s first entry into the CTV business. In addition…
Dutch offshore flotel services firm Chevalier Floatels said Wednesday it had secured a contract extension for its DP Gezina offshore accommodation vessel.According to Chevalier Floatels, the Walk-to-Work vessel DP Gezina has been working in…
UK-based offshore vessel operator North Star has awarded a new contract to Great Yarmouth-based shipbuilding Alicat Workboats Ltd for the construction of two new offshore wind daughter craft.The hybrid-propulsion workboats 5 & 6, designed by Chartwell Marine…