Offshore
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Ocean Power Technologies acquires offshore engineering firm 3Dent
US-based ocean energy technology developer Ocean Power Technologies (OPT) has acquired 3Dent Technology, an offshore energy engineering and design services…
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Polarcus lenders withdraw support, fleet sell-off imminent
Troubled Dubai-headquartered seismic shipowner Polarcus has been told by creditors that enough is enough. All bar one of Polarcus’s ships…
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Petrobras sells offshore assets in EspÃrito Santo
Brazilian national energy firm Petrobras has entered into agreement with OP Energia and DBO Energia for the sale of its entire…
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Keppel Offshore & Marine exits rig building to focus on renewables
One of the most famous rig builders in the world is exiting the business. Singapore’s Keppel Corporation has announced that…
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Abu Dhabi Ports and Allianz Marine set up offshore logistics joint venture
SAFEEN, the marine service arm of Abu Dhabi Ports, has entered into an agreement with offshore vessel operator Allianz Marine…
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Eidesvik Offshore awarded PSV contract by Aker BP
Eidesvik Offshore has been awarded a time charter contract with Aker BP for its 2012-built platform supply vessel . The…
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Petrofac secures more North Sea work with INEOS FPS
Petrofac is expanding its provision of operations and maintenance support services for INEOS FPS to include engineering and construction support…
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Joe Biden focuses on clean energy for shipping
Eight days into his presidency and there’s already a host of initiatives signed by Joe Biden that will have enormous…
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DeepOcean winds down UK cable lay and trenching business
Norway’s DeepOcean has finalised the restructuring and wind down of its UK cable lay and trenching business, as announced in…
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Subsea 7 awarded contract by Equinor for carbon capture project
Subsea 7 has been awarded a major contract by Equinor for works at its Northern Lights carbon capture project. The…
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Lenders take control of Polarcus vessels after the company defaults
Dubai-headquartered seismic shipowner Polarcus has halted all payment of interest and amortisation to its lenders after confirming a payment default…
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Statkraft and Aker Offshore Wind to explore offshore wind opportunities in Norway
Statkraft, Europe’s largest renewable energy producer, has entered into an agreement with  Aker Offshore Wind to jointly  explore  offshore wind…
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NYK forms offshore wind partnership with OYO and Fugro
Japan’s Nippon Yusen Kaisha (NYK) has entered into a memorandum of understanding with the OYO Corporation (OYO) and Fugro to…
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ADES scores new jackup contract in Egypt
Egyptian offshore driller ADES International has sealed a new contract for 1981-built jackup rig in the Gulf of Suez. The…
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Ørsted to utilise three new hybrid CTVs at Hornsea Two
Northern Offshore Services (N-O-S) and MHO-Co have worked together to develop new hybrid crew transfer vessels, three of which will…
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Eni awarded new production licence in the UK North Sea
Italy’s Eni has announced that it has been awarded a new production licence in the UK sector of North Sea.…
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Diamond Offshore set to emerge from chapter 11
Houston-based Diamond Offshore Drilling has entered into an agreement with holders of over 70% of its senior unsecured notes and…
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Stena Drilling awarded new semi-sub contract by Petrofac
Stena Drilling has sealed a new contract with Petrofac for drilling operations using 2001-built semi-submersible rig . The contract is…
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MingYang secures first European offshore wind contract
Chinese wind turbine manufacturer MingYang Smart Energy has been awarded a contract by Renexia to supply wind turbines for the first…
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Odfjell Drilling rig finds work with Lundin
Odfjell Drilling has entered into a letter of intent with Lundin Energy for the deployment of its semi-submersible rig .…
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