Solstad Offshore has exercised its option to purchase a construction support vessel (CSV) from Norwegian Mpsv at what it finds are attractive terms. The vessel Normand Tonjer was sold to Mpsv for a gross amount of $10 million in 2021 and leased back on a bareboat agreement for a firm three-year peri
DOF Group has secured multiple subsea service contracts for one of its construction support vessels (CSVs) in the Asia Pacific region. Skandi Hercules has won three subsea service contracts with Australian-based operators for offshore execution in 2024. The contracts will add approximately six month
Italy-based Prysmian Group is investing approximately €350 million for two new cable-laying vessels (CLVs) that it says will reinforce its submarine project execution capabilities. “The market is tremendously growing, and we are facing an increasing demand for submarine cable systems for interconnec
Fugro is planning to repurpose two platform supply vessels (PSVs) into geotechnical vessels. This news comes as the Dutch company is currently in the process of repurposing two other PSVs into geotechnical vessels. Fugro announced it had reached an agreement to acquire the Wartsila-designed Sea Gold
Island Offshore’s subsea vessel Island Constructor is set to pick up new, next-generation subsea equipment after it completes an assignment in January. Island Constructor, build 279 from Ulstein Verft, will return to the yard in January for a service assignment. The vessel will finish a well service
Norway’s DOF has performed its first-ever offshore ROV mission piloted from onshore, an operation that the company sees as a significant milestone. “I’m enthusiastic about the successful implementation of ROV remote operations and the positive impact this will have on our company’s future. Going for
Subsea7 has secured an extension of the existing frame agreement with UK energy giant BP for subsea construction, inspection, repair and maintenance services (IRM), for assets in the North Sea. Under the terms of the two-year extension to the end of 2025, Subsea7 will provide an IRM, survey and ligh
Norwegian seismic company PGS has reflagged the entire fleet of owned vessels to Norway, a move said to have the global geopolitical situation as a driving factor. The reflagging of the Ramform Tethys on December 5 marked the completion of the initiative to bring the entire PGS fleet of owned vessel
Asso.subsea has completed the inter-array cable installation and protection operations for the 500 MW Fécamp wind farm offshore Normandy, France. Asso.subsea was contracted by Italy-headquartered Prysmian Group to execute the seabed preparation, installation, and protection works, involving four dif
DOF Group is chartering a 2013-built ultra-light intervention vessel from Bordelon Marine for work in the U.S. Gulf of Mexico. DOF announced the charter of the Jones Act-compliant Connor Bordelon to support the North America operation in the U.S. Gulf of Mexico for a one-year term with a one-year op
Norway-headquartered Reach Subsea is set to begin work for Equinor offshore Brazil this month, using the subsea vessel Havila Subsea. Reach Subsea has together with its Brazilian partner OceanPact received a notice of contract award from Equinor for combined light construction, inspection, maintenan
Italian company Remacut, part of NOV, has won a contract with Nexans to deliver the cable-lay equipment for the company’s new cable-lay vessel (CLV). Building on its predecessor, the CLV Nexans Aurora, the newly constructed vessel will incorporate a 3,500-ton underdeck carousel to complement the 10,
Norway’s VARD has secured a contract worth over $200 million to deliver a highly customized hybrid power cable lay and construction vessel to what it says is a leading Japanese construction company. The contract was signed with Toyo Construction, a Japanese general construction company that operates
Norwegian seismic company PGS has won an exploration contract in Asia Pacific – a region in which the company sees potential for more proprietary work. The 102-meter-long seismic acquisition vessel Ramform Sovereign is scheduled to mobilize this month for the 3D exploration contract in the Asia Paci
