FPSO & Vessels
Saipem loses drillship deal to higher bidder
Norwegian drillship owner Deep Value Driller has decided to sell its seventh-generation drillship Deep Value Driller to Eldorado Drilling after having received a higher bid, cancelling the recently announced sale agreement with Italy’s engineering, drilling, and construction services giant Saipem. I
Allseas takes delivery of new cargo barge for offshore platform transport
Allseas’ new cargo barge Braveheart, built by the CIMC Changhong Shipyard, which held a keel-laying ceremony for the new vessel in April 2025, has now departed China for the Netherlands. Braveheart was purpose-built to fit precisely within Pioneering Spirit’s bow slot to enable seamless transfer of
‘First-ever’ remote operated landing crafts to be built in Malaysia
Malaysia-headquartered offshore support vessel (OSV) provider Nam Cheong has been awarded shipbuilding contracts, valued at $64.5 million, for two dive support vessels (DSVs) and two remote operated landing crafts (ROLCs) by a UAE-based maritime logistics company, marking its first newbuild contract
Technip Energies, JGC and SHI chosen to progress Mozambique’s second FLNG project
A partnership of Technip Energies, JGC and Samsung Heavy Industries (SHI) has secured a contract with Mozambique Rovuma Venture (MRV), an Eni-participated joint venture (JV), to progress work on Mozambique’s second floating liquefied natural gas (FLNG) facility. The contract, defined as significant,
Wärtsilä equipment ordered for China-built LNG bunkering vessel duo
Wärtsilä Gas Solutions, part of technology group Wärtsilä, has been appointed to supply its cargo handling and fuel gas supply systems for two LNG bunkering vessels that are under construction in China. The vessels have a capacity of 20,000 m3 and are currently being built at the Zhejiang XinLe Ship
Seatrium continues its divestment series
Singapore-based offshore, marine, and energy solutions provider Seatrium is undertaking a series of additional divestments as part of its ongoing efforts to rationalize non-core assets, streamline operations, and drive long-term value for shareholders. Seatrium has divested a fleet of 17 tugboats in
Tidewater’s fleet to grow to 231 units following acquisition of Brazil’s Wilson Sons
U.S. offshore vessel operator Tidewater is set to see an increase in its global vessel fleet size to 231 units thanks to the acquisition of Brazilian shipping company Wilson Sons. Tidewater has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Parti
First oil gushes out from Azule Energy’s project in Angolan waters
Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has reached full field start-up off the coast of Angola by bringing online three oil production wells.
Tullow dishes millions to buy FPSO deployed in West Africa
Tullow Ghana Limited (TGL), a subsidiary of the UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, has set the wheels in motion to acquire a floating production, storage, and offloading (FPSO) vessel, which is working off the coast of Ghana, West Africa.
Østensjø Rederi’s hybrid tug to feature Finland-made propulsion
Spain’s GONDAN Shipbuilders has placed an order with Finnish company Steerprop to deliver propulsion for a new hybrid tugboat, the first tug design from naval architect Skipsteknisk, destined for Norwegian shipowner Østensjø Rederi. Steerprop will supply dual-end versions of its SP 50 W D propulsors
Five Chinese gas carrier and FSRU vessel projects receive Bureau Veritas’ blessing
Bureau Veritas Marine & Offshore (BV) has awarded approval in principle (AIP) certificates for five vessel projects developed by Chinese Hudong-Zhonghua Shipbuilding (Group), spanning LNG and ethane carriers, a floating storage regasification unit (FSRU), onboard carbon capture (OCC)-ready design an
Saipem to buy seventh-gen Deep Value Driller drillship for $272.5 million
Norwegian drillship-owning company Deep Value Driller has entered into an agreement with Italy’s engineering, drilling, and construction services giant Saipem for the sale of its seventh-generation drillship for a total purchase price of $272.5 million. In the announcement of the amended bareboat ch
TotalEnergies books Havila’s platform supply vessel
Norwegian offshore vessel operator Havila Shipping has signed a contract with TotalEnergies for the 2009-built platform supply vessel (PSV) Havila Herøy to be deployed in Norway. Under the contract signed with TotalEnergies EP Norge AS, the PSV Havila Herøy will perform operations for 136 days, with
DOF starts preparing for 250+ day project in Argentina
Norwegian vessel owner DOF Group has begun preparations to kick-start an offshore project in Argentina, where it will deploy two vessels for an expected combined duration of over 250 days. DOF reported yesterday, February 16, that it had secured a substantial contract, defined as worth between $25 m