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Industry News

28 Mar 2025

Fugro’s Geophysical Survey Vessel Brought Safely to Port

Fugro Mercator vessel (Credit: Fugro)

Dutch geological data specialist Fugro, has reported that its Fugro Mercator vessel, which run aground off Italy, has been safely towed to a shipyard for inspection.The 42-meter long geophysical survey vessel had run aground on the north coast of Elba on March 22.With no injuries to people and no harm to the environment, Fugro is thankful that the impact of the incident has remained limited.The vessel will now be fully inspected at the shipyard. Fugro will also conduct a full…

28 Mar 2025

India Mulls Cutting US LNG Import Tax

© Maksym Kapliuk/AdobeStock

India is considering a proposal to scrap import tax on U.S. liquefied natural gas (LNG) to boost purchases and help cut the trade surplus with Washington, a key irritant for President Donald Trump, four government and industry sources said.The United States is India's second biggest supplier but the two sides are looking to ramp up volumes for India's energy-hungry economy, one of the fastest growing in the world.During Prime Minister Narendra Modi's U.S. visit last month, India pledged to increase U.S.

28 Mar 2025

Attack on Guyana, Exxon Would Be 'Bad Day' for Venezuela, Rubio Warns

© Christophe/AdobeStock

U.S. Secretary of State warned Venezuela on Thursday that it would be "a very bad day" for the South American country if it were to attack its neighbor Guyana or U.S.-based energy giant ExxonMobil, in comments that threatened unspecified action in such a case.Caracas condemned Rubio's remarks, made during a visit to Guyana's capital.Guyana and Venezuela are locked in a long-running dispute about which country has rights over the 160,000-square-km (62,000-square-mile) Esequibo area…

28 Mar 2025

Gas Project with Venezuela Goes Full Steam Ahead, Trinidad PM Says

© frank/AdobeStock

Companies planning a flagship offshore gas project between Venezuela and Trinidad and Tobago "have not slowed down" work, Trinidad Prime Minister Stuart Young said on Thursday, despite the United States increasing pressure on sanctioned Venezuela and uncertainty over the extension of a license for the project.Following talks with U.S. Secretary of State Marco Rubio, who is visiting South American and Caribbean countries this week, Young said the "landscape is changing," referring…

27 Mar 2025

Kongsberg Maritime Launches Advanced Simulator for Maritime Training

(Credit: Kongsberg Maritime)

Kongsberg Maritime has launched the K-Sim Offshore DP3 Anchor Handling Simulator, designed for training for complex offshore operations.With an investment of over $322,000, the innovative training solution is designed to elevate competency standards, enhance operational efficiency, and promote sustainability across the sector.Additionally, it focuses on improving maritime safety by supporting our local customers and partners in ensuring safe operations and reducing risks in critical maritime activities.Situated at Kongsberg Maritime’s Aberdeen office in Westhill…

27 Mar 2025

NYK Group’s N-O-G Buys its First SOV From Edda Wind

Mistral Enabler SOV, to be renamed Northern Ocean (Credit: Edda Wind)

Northern Offshore Group (N-O-G), an NYK Group company, has purchased Mistral Enabler service operation vessel (SOV) from Edda Wind.The 81-meter-long Mistral Enabler SOV, with an onboard capacity for 60 people, will be renamed Northern Ocean.N-O-G owns more than 60 crew transfer vessels (CTVs) and has previously managed SOVs, but this is its first owned SOV. An SOV is a large ship that transports workers and materials to construct and maintain offshore wind power generation facilitiesAdding…

26 Mar 2025

BP Mulls Shedding two US Offshore Stakes

Copyright wolterke/AdobeStock

BP is exploring the sale of minority stakes in two of its most valuable Gulf of Mexico oil projects — Kaskida and Tiber — as the energy giant recalibrates its strategy to prioritize oil and gas, according to two sources familiar with the matter.The potential divestments could involve selling up to 50% of each project, which are estimated to be worth billions of dollars, the sources said. Discussions are still in the early stages, and a formal sales process may launch later this year.The move comes as BP retreats from an earlier pivot toward clean energy…

26 Mar 2025

Cadeler Welcomes Wind Pace WTIV Newbuild to its Fleet

Wind Pace WTIV (Credit: Cadeler)

Danish offshore wind installation firm Cadeler has taken delivery of its latest jack-up wind turbine installation vessel (WTIV), Wind Pace, marking another significant milestone in the company’s ongoing fleet expansion.Delivered safely, on time, and within budget, Wind Pace has become the seventh vessel in Cadeler’s growing portfolio of wind turbine installation vessels.Wind Pace was officially named at a ceremony on the March 12, 2025, at the COSCO Shipping Heavy Industry (COSCO) shipyard in Qidong, China, where it was built.After the delivery, Wind Pace will be deployed in the U.S.

25 Mar 2025

Delfin LNG, SEFE ink 15-year LNG Supply Deal

Copyright TIMON/AdobeStock

Delfin LNG and German company Securing Energy For Europe (SEFE) have signed a 15-year agreement for 1.5 million tons of U.S. LNG per annum, the companies said on Tuesday.Under the agreement, liquefied natural gas would be exported from floating LNG (FLNG) vessels that Delfin wants to deploy off Cameron Parish, Louisiana, Delfin said in a press release.The free-on-board deliveries will commence immediately following the construction and commissioning of the FLNGs, Delfin said.It did not provide a timeline.

25 Mar 2025

Marubeni takes a 25% Stake in Windward Offshore

Windward Offshore has established a partnership with Marubeni Corporation. Windward, with a fleet of four CSOVs (Commissioning Service Operation Vessels) currently under construction at VARD shipyards, secured a senior loan facility of up to EUR 182m at the end of 2024, and in February 2025 Windward Athens, the first vessel in the series, was launched, scheduled.The partnership was finalized with Windward Offshore raising new equity to fund future growth, and Marubeni Corporation acquiring the new shares through a wholly owned subsidiary…

25 Mar 2025

Prysmian’s New CLVs Get Miros’ Wave Monitoring Tech

Monna Lisa CLV (Credit: Prysmian)

Miros has extended its agreement with Prysmian for the supply of wave monitoring systems, which have been installed on Prysmian Monna Lisa and Prysmian Marco Polo cable laying vessels (CLVs).Both vessels have been fitted with Miros’ WaveSystem and Miros Cloud technology and now benefit from real-time sea state and weather data.This builds upon the successful deployment of the same monitoring systems on Prysmian Leonardo da Vinci vessel in 2021.Prysmian's Marco Polo specializes in shallow-water cable laying and burial installation, even in harsh environmental conditions.

25 Mar 2025

BOS Princess Becomes Geotechnical Drilling Vessel

BOS Princess (Credit: Britoil Offshore Services)

Seas Geosciences has completed the conversion of the BOS Princess into a multipurpose geotechnical drilling vessel that is now ready to serve the global offshore energy industry.With its 80-metre length and close to 19-metre beam, the BOS Princess is equipped to support Seas’ geotechnical investigations.It has been outfitted with custom tools capable of transitioning from water depths of 10 meters to more than 4,000 meters while conducting simultaneous downhole and seabed operations.Seas…

25 Mar 2025

Sea1 Offshore Orders Two More Offshore Energy Support Vessels

Illustration (Credit: Sea1 Offshore)

Sea1 Offshore, formerly Siem Offshore, has ordered two more offshore energy support vessels from Cosco Shipping.The vessels are based on a similar design as the first two vessels Sea1 Offshore ordered from the same shipyard in November 2024.The four vessels will have capabilities to serve both oil and gas and renewable markets.The scheduled delivery for the vessels is from third quarter 2027 to fourth quarter 2027.Based on ST-245 design, the vessels will be methanol ready with…

20 Mar 2025

Ferguson Marine Appoints New CEO

Ferguson Marine announced the appointment of its new Chief Executive Officer, Graeme Thomson. Credit: Ferguson Marine

Scottish shipbuilder Ferguson Marine (Port Glasgow) has appointed a Graeme Thomson as its new Chief Executive Officer (CEO).Graeme will officially take up the position on May 1, 2025, following on from former interim CEO, John Petticrew.Graeme joins Ferguson Marine from international aerospace, defense and nuclear engineering services business, Babcock, where he has been Programme Director since 2019, overseeing the delivery of the Type 31 Royal Navy frigate program.Prior to joining Babcock…

20 Mar 2025

GBM Works' New Tech Challenges Noise Pollution in Wind Turbine Installation

GBM Works challenges noise pollution when  installing wind turbines with their Vibrojet® technology. Credit: GBM Works

GBM Works has made progress with the development of its Vibrojet technology, designed to address noise pollution affecting marine life during the installation of foundation piles by using vibrations and water jetting, instead of traditional piling methods.In collaboration with MSA-Service and their data acquisition platform, multiped, the first large-scale tests of the technology are currently underway. The core of this technology, as GBM explains, lies in the application of water and vibrations. "Instead of forcefully hammering a pile into the seabed, we use water and vibrations.

21 Mar 2025

Six DOF Vessels Set to Sail to Africa for Multi-Million Dollar Subsea Job

(Credit: DOF)

Norwegian offshore supply vessel operator DOF Group has secured a ‘very large’ subsea umbilical, riser, and flowline (SURF) project for an undisclosed energy company offshore Africa.Under the contract, DOF will deliver its full suite of project management, engineering, logistical and execution services to install flexible flowlines, risers, cables and associated subsea structures.DOF will also install a floating production unit on behalf of the client, offshore Africa.Offshore execution is planned in second half of 2025 and is expected to involve six DOF vessels and more than 450 vessel days…

19 Mar 2025

Subsea7 to Keep Solstad’s Normand Subsea Vessel Busy for Years

Normand Subsea vessel (Credit: Subsea7)

Norwegian offshore vessel owner Solstad Offshore has secured a contact with Subsea7 for its subsea construction support vessel (CSV) Normand Subsea.The duration of the contract is two-year firm and three yearly options, with the start on January 1, 2026.On contract with Sbusea7 since 2009, Normand Subsea is a 113-meter-long vessel, built in 2009, featuring VS 471 design.The versatile Inspection, Maintenance and Repair (IMR) vessel is capable of accommodation 90 people.In mid-2024…

17 Mar 2025

UK Appoints Cammell Laird Shipyard to Assess Future Market for OW Vessels

Illustration/Bibby Marine eCSOV (Credit: Supplied by ORE Catapult)

The Offshore Renewable Energy (ORE) Catapult, in partnership with the National Shipbuilding Office and the Crown Estate, have appointed Cammell Laird shipyard to carry out a detailed analysis of the future market opportunity for U.K.-built ships in offshore wind. The work will help develop knowledge of how the U.K. can provide vessel manufacturing to support offshore wind, delivering jobs and economic investment to communities around the country.With over 850GW of offshore wind capacity expected to be installed globally by 2050…

17 Mar 2025

The Switch Nets Vard Electro’s Order to Electrify Five W2W Vessels

(Credit: The Switch)

The Switch, a provider of power electronics for the marine industry, has signed a multi-million-dollar contract with Vard Electro to deliver equipment for five diesel-electric hybrid walk-to-work vessels.The Switch will supply its DC-Hub technology to multiple vessels on order at Vard Electro, a subsidiary of Vard, a Fincantieri company.With a total of 15 DC-Hubs to be delivered, the project showcases the increasing demand for flexible and future-proof power distribution systems.The five diesel-electric hybrid walk-to-work vessels of the VARD 3 32 design will provide maintenance…

14 Mar 2025

DOF Hooks FPSO Installation Job Off Africa

Illustration (Credit: DOF)

Norwegian offshore supply vessel operator DOF Group has secured a contract for the installation of a floating, production, storage and offloading (FPSO) unit from an undisclosed client offshore Africa.DOF will deliver project management, engineering, logistical services and offshore execution.The contract value has been deemed ‘significant’ by DOF, which means its value is between $15 million and $25 million.To carry out the installation duties, DOF plans to utilize two of its…

14 Mar 2025

First Foundations for 1.6GW German Offshore Wind Project Reach Dutch Port

(Credit: RWE)

The first eight foundations for the Nordeseecluster, a 1.8GW offshore wind project being built in the German North Sea, have arrived and been offloaded in the Dutch base port Eemshaven.The foundations are around 85 meters long on average and weigh approximately 1,500 tonnes each, the equivalent to the weight of around 800 cars.Built by RWE, the offshore wind project will consist of Nordseecluster A with 660MW, with commissioning expected in 2027, and Nordseecluster B with additional…

14 Mar 2025

Kongsberg to Design and Equip Olympic’s Two Subsea Construction Vessels

(Credit: Kongsberg Maritime)

Kongsberg Maritime has signed a contract for the design and equip two multi-purpose subsea vessels for Olympic Group, which will be methanol-ready and feature battery hybrid technology.The UT7623 Sustainable Energy Vessels (SEVs) are the first references for Kongsberg Maritime’s latest subsea construction vessel designs and will feature a fully integrated package of technology including rim-drive propulsion, hybrid power and winch systems.The vessels will be constructed at the CMHI shipyard in Shenzhen…

12 Mar 2025

Construction BS Offshore's New CSOV Enters Next Phase

(Credit: Ulstein Verft)

The hull for Bernhard Schulte (BS) Offshore’s new Commissioning Service Operation Vessel (CSOV) has arrived at Ulstein Verft’s shipyard, marking the start of new phase in the shipbuilding process.The vessel is designed by Ulstein Design & Solutions for ‘walk-to-work’ (W2W) operations, where personnel walks via a motion-compensated gangway from the ship to a wind turbine.While the hull has been under construction at the CRIST yard in Poland, closely monitored by a site team from Ulstein Verft…

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