Offshore supply services company Havila Shipping has recorded a profit before tax of NOK 4.0 million ($382,000) in Q2 2024, compared with NOK -5.4 million in Q2 2023.Deals made in the quarter include the agreement with Reach Subsea to extend the contract for the IMR vessel Havila Subsea…
Singapore-based shipbuilder Strategic Marine announced it has delivered two 42-meter Fast Crew Boats (FCB) to ADNOC L&S, the global energy maritime logistics arm of UAE's ADNOC Group.The 42m FCBs are equipped with advanced technology such as…
Over the past few years the Namibian Orange Basin has emerged as an exciting new oil province and subsequently a provider of significant new demand and future demand potential for deepwater drilling rigs.According to Westwood’s Wildcat, “the…
Equinor will establish and operate a new area-wide emergency preparedness solution for the southwestern Barents Sea.'Together with the other operators, the authorities and the supply industry, we have through 50years developed the preparedness…
KOTUG International B.V.won a contract for ENI Congo to deliver critical marine services for the Congo LNG project. This project, situated offshore the Republic of Congo, includes the Tango FLNG and the Excalibur Floating Storage Unit (FSU)…
Norwegian-headquartered offshore vessel owner Østensjø Rederi has placed an order with Spanish shipbuilder Gondan for a new offshore support vessel (OSV).The 120-meter vessel was designed by Salt Ship Design of Norway and will be built at Gondan's facilities in Asturias…
Eidesvik Offshore will refit its platform supply vessel (PSV) Viking Energy with an ammonia dual fuel engine, targeting 2026 as the year that the vessel will operate on ammonia for Equinor, effectively cutting GHG emissions by 70% or more.Viking Energy will switch to ammonia operations…
Louisiana-based Cheramie Marine's offshore support vessel (OSV) Mary Cheramie has been refitted with a pair of new Mitsubishi engines, power solutions provider Laborde Products announced.The vessel's two new Mitsubishi Tier 3 S12R engines, each delivering 1…
Seas Geosciences announced a multi-year agreement with Britoil Offshore Services (Britoil) to charter and convert the platform supply vessel (PSV) BOS Princess into a geotechnical drilling vessel that will be available to the market starting in January 2025…
TGS won an Ocean Bottom Node (OBN) data acquisition contract in North America. This four-month extension to an existing contract will build on existing operations, reinforcing TGS' position in the market and underscoring the commitment to delivering high-quality seismic data solutions…
DeepOcean won a contract extension with Diavaz for the vessel, Arbol Grande. The vessel will work on Inspection Maintenance and Repair (IMR) services in Mexico for the next five years.Arbol Grande is a construction and subsea vessel, delivered…
Mitsui O.S.K. Lines, Ltd. completed the purchase on the market of 89,500 shares of common stock of MODEC, Inc. and along with the 10,162,300 shares already acquired in June 2023, MOL now holds a 15% stake in MODEC and will make it an equity-method affiliate…
The Biden administration on Monday issued an offshore wind lease to the state of Maine for a small project that will demonstrate floating turbine technology off the U.S. East Coast.The lease area covers 9,700 acres (3,920 hectares) and is 28 nautical miles (52 kilometers) from shore…
The intermittency of offshore wind power is both a challenge and an opportunity for green hydrogen production. There will be a new generation of platforms taking up space in offshore wind farms as hydrogen production is used to help balance power supply and demand…
The cost to construct the United States' first domestically built wind turbine installation vessel (WTIV), Charybdis, has risen to $715 million, Dominion Energy revealed in its latest quarterly results, marking another snag for the fledgling U…