Offshore
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Friede & Goldman and OIM Wind unveil WTIV design for next-gen wind turbines
US engineering and naval architecture firm Friede & Goldman (F&G), best known for its jackup rig designs, and Norway’s OIM…
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Mainstream and Hexicon venture seeks to build another gigawatt-scale floating wind farm off Sweden
Freja Offshore, a joint venture between Aker Horizons-controlled Mainstream Renewable Power and Stockholm-based floating wind developer Hexicon, has submitted plans…
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Havila Shipping PSV gets more time with Equinor
Norwegian OSV owner Havila Shipping has been awarded an extension by compatriot energy company Equinor for one of its platform…
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South Koreans reveal $14bn offshore wind partnership
HD Hyundai Electric has signed a memorandum of understanding with Pacifico Energy Korea, CS Wind, Korea Ocean Engineering & Consultants…
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Eidesvik seals PSV contract extension with Wintershall Dea
Oslo-listed shipowner Eidesvik Offshore has secured another contract extension with Wintershall Dea for its 2013-built platform supply vessel . The…
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Investors pile into booming offshore sector
The booming offshore sector, where tonnage is incredibly tight at present, could lay claim to being the most investible sector…
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Havila Shipping shrinks fleet with triple sale
Norwegian OSV owner Havila Shipping has continued to offload ships as part of its financial restructuring. The Fosnavåg-based firm is…
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Hundreds of Odfjell drillers to vote on strike action
Hundreds of Odfjell offshore drillers are being balloted in a dispute over working rotas and paid annual leave, Unite, Scotland’s…
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US designates four new offshore wind areas in Gulf of Mexico
The US Bureau of Ocean Energy Management (BOEM) has finalised four new wind energy areas (WEAs) in the Gulf of…
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Prosafe raises $31m via new private placement
Oslo-listed semisub accommodation vessel owner Prosafe has raised approximately $31m (NOK350m) via a second private placement of new shares this…
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Valaris seals funds for two Saudi JV jackup newbuilds
New York-listed offshore driller Valaris and its partner Saudi Aramco have secured financing for the first two newbuild jackup rigs.…
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Statkraft buys 21GW of offshore wind projects in Sweden
Norway’s largest utility Statkraft has acquired Sweden-based Njordr Offshore Wind, a joint venture between Njordr and Vindkraft Värmland, and its…
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Saipem secures Mexico jackup rig extension with Eni
Italy’s Saipem has secured an 18-month contract extension from Eni for the jackup rig . The option taken by Eni…
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Coastal Contracts offloads OSV
Malaysian services provider Coastal Contracts has struck a deal to sell one of its offshore support vessels. The Bursa Malaysia-listed…
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Seaway 7 taps Hellenic Cables for East Anglia Three offshore wind project
Seaway 7, an offshore wind unit of Subsea 7, has selected a Greek cablemaker to support its work on the…
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Tight market puts 15-year rig deals on the table
According to energy market research and consultancy firm Westwood, a marked lengthening of new contract award durations, as well as…
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Rosetti Marino awarded $316m contract by Saipem
Italy’s Rosetti Marino has secured a contract worth over €300m from compatriot energy services player Saipem for an offshore project…
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CIP, Avangrid agree $1.2bn in funds for Vineyard Wind 1
Denmark-based Copenhagen Infrastructure Partners (CIP) and US Iberdrola subsidiary Avangrid have closed a $1.2bn investment in the Vineyard Wind 1…
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M3 Marine opens London office
M3 Marine Group, Asia’s largest independent offshore broking company, is launching a new London-based offshore brokerage, M3 Marine (Offshore Brokers)…
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New York awards contracts for three offshore wind projects
New York has awarded conditional contracts for three offshore wind projects as part of the largest state-level investment in renewable…
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