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Offshore
Another Vessel Joining Nord Stream 2 Pipeline Construction
The consortium behind the Nord Stream 2 undersea gas pipeline said on Thursday a second Russian pipe-laying vessel is undergoing sea trials ahead of joining the project, as it presses on with construction despite growing political pressure.The vessel, the Akademik Cherskiy, left the German port of Wismar
Valaris Set to Emerge from Bankruptcy as Reorganization Plan Approved
Offshore drilling company Valaris, the world's largest by fleet size, has received approval from the United States Bankruptcy Court for the Southern District of Texas of its prearranged plan of reorganization, and has agreed with Korea's Daewoo to delay deliveries of two newbuild drillships.The offshore driller filed for bankruptcy in August 2020,
Taiwan: Keel Laying Ceremony Held for Offshore Wind Installation Vessel Green Jade
An official keel-laying ceremony for the offshore wind installation vessel ‘Green Jade’ was held Friday at CSBC’s shipyard in Kaohsiung, marking an important moment in Taiwan’s maritime and offshore wind history.‘Green Jade’ is owned by CDWE, a joint venture between CSBC,
Hybrid Accommodation Vessel MWV Falgout Delivered
The Chinese-built hybrid accommodation vessel MWV Falgout has been delivered to end client Brunei Shell Petroleum.The 80-meter vessel, a new purchase for Bruneian owners JISCO Marine Sdn Bhd, will be employed on long-term charter for the Bruneian oil and gas company. The ship was officially accepted into charter on February 17.
Subsea Miner DeepGreen to Go Public Via $2.9 Billion SPAC Deal
DeepGreen Metals, an EV battery metals maker, said on Thursday that it will be acquired by blank-check firm Sustainable Opportunities Acquisition Corp in a $2.9 billion deal.The deal will consist of a $330 million private investment from investors along with Allseas, adding to the list of existing strategic
Norwegian Seismic Firm Reactivates Vessels Citing Pick Up in Activity
Norway-based marine seismic surveyor PGS said Thursday it was experiencing an increase in seismic acquisition project activity, and that it would reactivate some previously stacked vessels."Based on project awards so far, PGS has started preparations to activate Ramform Vanguard for the summer season,
Solstad Offshore CSVs Net Offshore Wind, Seismic Survey Contracts
Norwegian offshore vessel provider Solstad Offshore said Thursday it had won new contracts for two of its subsea construction vessels (CSV), the Normand Fortress and the Normand Mermaid, in offshore wind and seismic sectors, respectively.The CSV Normand Fortress has secured a contract with the UK-based
REM Offshore's Wind Service Vessel to Feature NES Technology
Havyard Group's subsidiary Norwegian Electric Systems (NES) has won a contract to deliver energy design and smart control solution to Rem Offshore’s new vessel for the offshore wind service market. The contract was awarded by Green Yard Kleven who is building the vessel.According to NES, the vessel
DOF Sells Platform Supplier Skandi Texel
Norwegian offshore vessel owner DOF Rederi AS, a subsidiary of DOF, has sold the platform supply vessel Skandi Texel.DOF said Wednesday that the vessel had been sold to a Norwegian company. It did not say who the buyer was exactly, but it did say that the vessel would leave the oil services sector."The
Dudgeon Offshore Wind Farm: Equinor Renews Charter for Esvagt Njord SOV
Norwegian energy firm Equinor has awarded a 5-year contract extension to Danish offshore vessel owner Esvagt for the use of the Esvagt Njord vessel at the Dudgeon offshore wind farm in the UK. The extension runs until 2026.The SOV (Service Operation Vessel) ‘Esvagt Njord’ has been servicing Equinor
ABS: U.S. Offshore Wind Vessel Demand Set to Soar
It's no longer news that the U.S. is set to become the next big offshore wind market, with an IEA 2019 report forecasting 40 GW of installed offshore wind capacity in the country by 2040, which will require a $100 billion investment.To meet this expected growth, both in the fixed-bottom wind farms and the floating wind farms, the U.
Ocean Infinity to Buy MMT
US-based seabed survey and ocean exploration company Ocean Infinity on Tuesday said it had agreed to acquire the Sweden-based subsea survey firm MMT."Ocean Infinity and MMT are excited to announce an acquisition that brings together MMT’s deep expertise and established track record as a distinguished
Marine News' US Offshore Wind Issue Is Now Live
Marine News will publish three online only e-magazine editions in 2021, starting with the recently launched February issue available online now. This edition dives into the burgeoning U.S. offshore wind industry, which is destined to be a real driver for America's maritime, offshore, subsea,
MARKET: Why Don’t OSVs Get Scrapped?
The OSV sector will be reliant on a hitherto unseen amount of scrapping to balance the market, writes Gregory Brown, Associate Director – Offshore, Maritime Strategies InternationalThere is a consensus that an OSV market recovery will only be driven a supply side rationalization. As well as a lack of newbuild activity,