Business & Finance
Oceanteam demobilizes carousel onboard Normand Clipper (Video)
Offshore cable solutions provider Oceanteam has completed the demobilization of the 4,000-ton carousel from onboard the 128-meter long cable-laying vessel (CLV) Normand Clipper. According to the company, the operation was completed in less than a half-day and with the assistance of Bonn & Mees Drijv
FPSO redeployment uncertainty puts BW Offshore into impairment mood again
BW Offshore has warned of impairment to the value of five FPSO units due to limited potential for future redeployment.
Ocean Sun consolidates 2021 earnings
Norwegian floating solar specialist Ocean Sun has released financial results for the fourth quarter and full year of 2021.
HMM reports more than 40-fold profit jump
South Korea’s national flagship carrier HMM has seen record profit for 2021, driven by a prolonged freight rate momentum.
New North Sea deal for Bilfinger UK to create 300 jobs
Bilfinger UK has secured a major contract to deliver fabric maintenance campaign services on TotalEnergies’ platforms in the UK North Sea.
Petrobras picks Solstad vessel for accommodation services
Amid the improving market conditions and increasing demand, Solstad Offshore has inked a new deal for one of its CSVs with Petrobras.
Sabella closing in on €1.5M crowdfunding target
French tidal energy company Sabella has crossed a €1 million milestone in its ongoing crowdfunding campaign which remains open until the end of this month.
Basque Government grant backs project to optimize O&M in floating wind
The Basque Government has allocated a grant to a project dedicated to developing floating wind operation and maintenance technologies, including underwater image recognition technology for subsea asset integrity. The Integrated solutions for Floating Wind O&M through the development of new technolog
UK and Scottish governments seal the green freeports deal
The UK and Scottish governments have reached a partnership agreement to establish two green freeports in Scotland, reflecting the country’s net-zero aspirations.
ConocoPhillips books jack-up rig for Sarawak operations
Malaysia’s Icon Offshore has secured a drilling contract with oil major ConocoPhillips for operations offshore Sarawak.
North Sea operator hires Simon Møkster vessel
Simon Møkster Shipping has secured a new deal for one of its platform supply vessels with an undisclosed North Sea operator.
Largest Marinus Link subsea engineering survey gets going
The 87-meter long TEK Ocean Spirit has commenced what is described as the largest subsea engineering survey at the site of the Marinus Link interconnector in Australia. The 32 expert crew aboard the survey vessel left from the Port of Burnie on 11 February and will take four to six weeks to survey t
Siem Offshore scoops new extension off Canada
Siem Offshore has secured a contract extension for one of its AHTS vessels, enabling it to continue carrying out operations offshore Canada.
U.S. offshore rig count hits the breaks
After taking a downturn and falling down to 16 units, the number of offshore rigs in the U.S. came to a halt and remained unchanged.