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Offshore

Another Vessel Joining Nord Stream 2 Pipeline Construction

Akademik Cherskiy vessel / Image - Sergei Skriabin - AdobeStock

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

A Valaris drillship - Credit:RF/MarineTraffic.com

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

Credi: DEME

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

MWV Falgout (Photo: VOS)

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

(File photo: DeepGreen)

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

Credit: PGS

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

Credit: Solstad

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

Credit:Havyard Design & Solutions AS

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

Skandi Texel - Credit.W.J. Soeters/MarineTraffic.com

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

Credit: Esvagt

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

Credit: hro1980/AdobeStock

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

Credit: Ocean Infinity

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

MN e-magazine.jpg

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?

Offshore Supply Vessel (Credit: STOCKSTUDIO/AdobeStock)

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,

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