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Outlook & Strategy

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VARD delivers Japan-bound hybrid construction and cable laying vessel
Outlook & Strategy

VARD delivers Japan-bound hybrid construction and cable laying vessel

Norwegian ship designer and shipbuilder VARD has delivered a 151-meter-long hybrid construction and cable laying vessel (CLV) to Japanese Toyo Construction, destined for Japan’s offshore wind market. The vessel, named Discovery, was delivered on June 26 from Vard Langsten in Norway, where it was out

about 3 months ago
EPCI contract with Vår Energi among ‘largest awards in Ocean Installer’s history’
Outlook & Strategy

EPCI contract with Vår Energi among ‘largest awards in Ocean Installer’s history’

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Norway’s Ocean Installer, a wholly owned subsidiary of Moreld Group, has secured a fast-track engineering, procurement, construction and installation (EPCI) contract with Vår Energi to execute all subsea umbilicals, risers, and flowlines (SURF) installation activities for the Balder Next New Wells p

about 3 months ago
A subsea cable stored on a carousel
Outlook & Strategy

Swedes expand cable capacity as part of long-term deal with NKT

Sweden’s Hexatronic Group is investing in a new production line for fiber-optic cables at its largest production site, as part of a long-term supply agreement with Danish power cable manufacturer and installation firm NKT. The new production line at the Hudiksvall facility will more than double the

about 3 months ago
First US subsea rock installation vessel nears inaugural offshore wind assignment
Outlook & Strategy

First US subsea rock installation vessel nears inaugural offshore wind assignment

Texas-headquartered Great Lakes Dredge & Dock Corporation (GLDD) has taken delivery of Acadia, the first U.S.-flagged, Jones Act-compliant subsea rock installation vessel (SRIV). GLDD ordered the vessel from Philly Shipyard, Inc. in 2021, with the first steel cut in July 2023 and the keel laid in Ma

about 3 months ago
Gjøa; Source: Vår Energi
Outlook & Strategy

TechnipFMC brings integrated approach to Vår Energi’s North Sea subsea projects

Norway’s oil & gas player Vår Energi has awarded TechnipFMC with an integrated engineering, procurement, construction, and installation (iEPCI) contract for subsea tie-back development projects in the North Sea. TechnipFMC reported on June 25 the iEPCI contract for the Ofelia and Gjøa Nord projects

about 3 months ago
Dutch floating power hub for remote subsea assets secures €3.2M gov’t push
Outlook & Strategy

Dutch floating power hub for remote subsea assets secures €3.2M gov’t push

Dutch offshore floating solar company SolarDuck and the Maritime Research Institute Netherlands (MARIN) have secured a €3.2 million subsidy from the Netherlands Enterprise Agency (RVO) to develop an offshore floating power hub for remote subsea assets. The Steady Seas research program will advance t

about 3 months ago
Illustration; Source: Baker Hughes
Outlook & Strategy

After Saipem and TechnipFMC, Baker Hughes hired for Angolan ultra-deepwater development

Following contracts awarded to Saipem and TechnipFMC, Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, has selected Baker Hughes to deliver subsea production systems for its ultra-deepwater development in Angola. The Greater PAJ project is described as Angola’s first integrated cro

about 3 months ago
Hitachi Energy wins €770M contract for first Europe-Africa interconnector
Outlook & Strategy

Hitachi Energy wins €770M contract for first Europe-Africa interconnector

Hitachi Energy has secured a contract worth approximately €770 million for the construction of converter stations for the submarine power interconnection between Italy and Tunisia. The Elmed project will be the first direct current connection between Europe and Africa and will run from the Partanna

about 3 months ago
Ocean Installer to recover 1,000 tons of subsea infrastructure for TotalEnergies
Outlook & Strategy

Ocean Installer to recover 1,000 tons of subsea infrastructure for TotalEnergies

Norway’s marine construction and operations player Ocean Installer, part of the Moreld Group, has won a contract with TotalEnergies that includes the recovery of around 1,000 tons of subsea infrastructure. Awarded for the Byggve, Skirne and Atla fields in the North Sea, the project covers engineerin

about 3 months ago
Fulmar Explorer
Outlook & Strategy

2009-built source vessel to work in West Africa for three months

After completing work in the Western Hemisphere, Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, is taking its source vessel to West Africa. The 2009-built Fulmar Explorer, which joined the company’s fleet in 2019, has been awarded a contract for ocean bot

about 3 months ago
Dutch hybrid, biofuel-ready vessel christened, starts charter with N-Sea
Outlook & Strategy

Dutch hybrid, biofuel-ready vessel christened, starts charter with N-Sea

Irish maritime company Mainport Shipping has christened its hybrid survey and remotely operated vehicle (ROV) support vessel, now set to begin a long-term charter with N-Sea Group. N-Sea signed a long-term charter agreement with Mainport Shipping at the end of 2024 for the delivery of Geo Master, bu

about 3 months ago
EnerMech assists Subsea7 in decommissioning scope delivery
Outlook & Strategy

EnerMech assists Subsea7 in decommissioning scope delivery

Aberdeen-headquartered integrated solutions specialist EnerMech has completed a pipeline flushing and cleaning workscope for Subsea7 as part of a field decommissioning program in the Gulf of Mexico. EnerMech reported it was in charge of flushing and cleaning a long-distance deepwater oil export pipe

about 3 months ago
Saipem preparing for SURF campaign offshore Suriname
Outlook & Strategy

Saipem preparing for SURF campaign offshore Suriname

Saipem has started operations for Suriname’s first large-scale offshore oil development, operated by TotalEnergies, as part of its subsea umbilicals, risers and flowlines (SURF) contract awarded in 2024. Saipem is in charge of the engineering, procurement, supply, construction, installation, pre-com

about 3 months ago
Public feedback to help minimize impacts of new 2 GW Scotland-Wales interconnector
Outlook & Strategy

Public feedback to help minimize impacts of new 2 GW Scotland-Wales interconnector

The UK National Grid has launched a public consultation in North Wales for Western Link 2, a new subsea electricity connection that will link Scotland and Wales. The project, jointly developed by National Grid and Scottish Power Energy Networks (SPEN), will be approximately 340 kilometers long and w

about 3 months ago