Two Contracts News

Jumbo Offshore has signed two contracts for the Transport and Installation (T&I) of Transition Pieces (TPs) for an upcoming offshore wind farm development.Jumbo Offshore will install the TPs using one of its two DP2 heavy-lift vessels during the project campaigns.In addition to T&I, the awarded scope includes full management and operation of the marshalling yard.This includes responsibility for receiving the TPs from the transport vessel at the quayside, transferring them to the storage area…

Navantia and Thales have signed a partnership agreement to support the modernization of the Royal Thai Navy (RTN), including the supply of three Identification Friend or Foe (IFF) systems for two Pattani-class offshore patrol vessels and the HTMS Chang landing platform dock.The upgrade work will be carried out by Navantia and marks the first cooperation between the Spanish shipbuilder and Thales in Thailand. The IFF equipment will integrate with existing surveillance radars and…

Seadrill Limited announced its third quarter 2025 results.Quarterly Highlights:Secured contract awards across five rigs, adding over $300 million to Order Backlog.West Gemini, Sonangol Libongos and Sonangol Quenguela secured an estimated 1,000 days of incremental work in Angola, extending the longevity of the Sonadrill joint venture.West Vela was awarded two contracts in the U.S. Gulf, adding over four months in firm term, securing the rig into the second half of 2026.Sevan Louisiana received an award in the U.S.

Belgian marine contractor Jan De Nul has launched its newest cable laying vessel (CLV), the Fleeming Jenkin, at the CMHI Haimen shipyard in China, which has now entered the final phase of construction ahead of delivery planned for second half of 2026.The 215-meter-long vessel has a loading capacity of 28,000 tonnes, making it the world’s largest of its kind.Jan De Nul will use the vessel to install subsea cables for the transmission of renewable energy, as the Fleeming Jenkin was specifically designed to install longer and heavier cables in ultra-deep waters up to 3…

Norwegian offshore vessel owner Solstad Offshore has secured two contracts for its Normand Turmalina and Normand Superior vessels, with the combined worth of $65 million.The anchor handling tug supply (AHTS) vessel Normand Turmalina has received a contract extension from BRAVA Energia in Brazil.The extended contract has a duration of three years, starting immediately after the current contract, securing a firm commitment for the vessel until early 2029.The second contract is related…

The Government of Canada has awarded two contracts to MDA Space to equip the Royal Canadian Navy (RCN)’s Halifax-class ships with up to six uncrewed aircraft systems (UAS).The initial acquisition contract for two UAS is valued at approximately $39 million (including taxes) and the initial in-service support contract has an estimated value of $27 million (including taxes) for a period of five years and could be extended up to 20 years.These UAS will enhance the RCN’s ability to conduct long-range surveillance and targeting operations.This investment is part of the Intelligence…

Norwegian offshore supply vessel owner DOF Group has secured a contract with Petrobras for two of its anchor handling tug supply (AHTS) vessels.The two contracts, with a combined value of more than $220 million, are for Skandi Fluminense, a 2007 Brazilian-built AHTS vessel with 211t bollard pull, and Skandi Lifter, a foreign-flagged 250t AHTS built in 2009.The contracts for both vessels will run for four years.The agreements follow the same competitive AHTS tender process for Petrobras that resulted in the contracts of Skandi Logger…

eCap Marine has secured two contracts to supply hydrogen-based propulsion systems for zero-emission vessels. The Hamburg-based engineering specialist will deliver hydrogen fuel cell power solutions for bulk carriers for Møre Sjø and short-sea container vessels for Samskip.eCap Marine is one of the very few companies worldwide to have retrofitted a commercial vessel, the offshore supply vessel Coastal Liberty, with hydrogen-powered propulsion. The expertise derived from this project opened the doors for another significant order for eCap Marine.

DOF Group ASA is pleased to announce two new contracts in Brazil.Skandi Logger, an AHTS with 250t bollard pull built in 2009, has been contracted for a 4-year engagement with Petrobras, following the same competitive AHTS tender process that resulted in the contracts of Skandi Iguaçu, Skandi Angra, Skandi Paraty and Skandi Urca as previously announced. For this contract, expected to start in February 2026, Skandi Logger will be reflagged to Brazilian Flag.Resulting from another competitive tender process, Skandi Achiever has been contracted as RSV for a 4-year engagement with Petrobras.

St. Johns Ship Building was awarded two contracts with a cumulative total of about $17 million. The projects include the construction of a Crew Transfer Vessel (CTV) and two aluminum cruise vessels. The new aluminum CTV is designed to meet the demands of offshore operations, ensuring safe and efficient transportation of personnel and equipment. Incorporating advanced technology and sustainable design elements, the vessel will contribute to the next generation of maritime innovation while supporting the expansion of offshore infrastructure in the U.S.In addition, St. Johns Ship Building has been contracted to build two aluminum cruise vessels, further diversifying its production portfolio and reinforcing its capabilities in the commercial passenger vessel sector.

Danish offshore wind installation firm Cadeler has signed two contracts with undisclosed clients for the utilization of its newbuild wind turbine installation vessel (WTIV), Wind Mover, starting immediately upon delivery.The vessel, currently under construction at Hanwha Ocean Shipyard in Korea, will support operations and maintenance (O&M) activities, along with potential installation work, in Europe.The contracts, which are part of a combined agreement, will cover the entire period from Wind Mover’s arrival in Europe following its delivery from the shipyard, up until the vessel's next schedu

DEME has secured two contracts, valued at over $300 million, for the transport and installation of 112 foundations at the Nordlicht 1 and 2 offshore wind farms in Germany, as well as providing scour protection for the projects.DEME will install 68 foundations and scour protection at Nordlicht 1 in 2026, followed by 44 foundations and scour protection at Nordlicht 2 in the following year.Several vessels will be deployed including DEME’s offshore installation vessel Orion, a jack-up vessel and a fallpipe vessel for the scour protection.The Nordlicht wind farm zone…

Esgian highlights several new contracts in its Week 39 Rig Analytics Market Roundup.Report SummaryContractsMarket sources indicate that ADNOC has exercised an extension option for the 350-ft jackup drilling rig Aryabhatt 1 in Abu Dhabi.Petrobras has awarded two floating rig contracts to Constellation Oil Services for work at the Roncador field in the Campos Basin offshore Brazil. Valued at $1 billion, the two contracts will see Constellation 10,000-ft drillship Laguna Star and Hanwha Drilling 12,000-ft newbuild Tidal Action operate for Petrobras for around 2.5 years.

Jan de Nul has named its new XL cable laying vessel (CLV), an identical copy of the previously ordered Fleeming Jenkin, after an Irish scientist William Thomson.The William Thomson will have three carousels and cable-carrying capacity of 28,000 tonnes.The 215-meter-long sister vessels – Fleeming Jenkin and William Thomson - will be the largest cable-laying vessels in the world.“The vessels will certainly be innovative for the offshore cable industry, as so was physicist William Thomson.

Huisman has signed two contracts for the supply of cranes and installation tools for Cadeler’s A-Class newbuild offshore wind farm installation vessels.The first contract is for the design and construction of a Leg Encircling Crane (LEC) and a Pedestal Mounted Crane for Cadeler’s latest A-Class new build vessel.The other is for an Upending Frame and Monopile Storage System to be installed on the Wind Ally, another A-Class jack-up vessel in Cadeler’s fleet.COSCO has awarded Huisman the contract for a 3…

Seatrium has issued an announcement confirming its contract for a 1,260MW offshore substation (OSS) platform for Empire Wind 2, valued at more than S$250 million, has been cancelled.Seatrium was awarded two contracts from Empire Offshore Wind LLC for the engineering, procurement, construction, offshore hook-up and commissioning of two OSS platforms for the Empire Wind 1 and 2. The offshore wind farms are located about 20 miles south of Long Island east of the Rockaways.Empire Offshore Wind LLC is a joint venture between Equinor and bp…

Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.Enterprise's ambitious Sea Port Oil Terminal (SPOT), proposed off for a site off the coast of Texas, would be able to load two supertankers at a single time. It received a key government license this month, but is yet to sign any commercial customers.The cost of the project has soared to about $3 billion…

U.S.-based offshore vessel operator Hornbeck Offshore Services confirmed Monday it had reached a final settlement agreement with the surety (the “Surety”) for two Multi-Purpose Support Vessels (MPSVs) that had been under construction at Gulf Island Shipyards.Gulf Island Shipyards (GIS) sued Hornbeck Offshore in 2018 over what it said was the wrongful termination of two shipyard construction contracts for the final two vessels in the company's fifth offshore support vessel (OSV)…

DEME has been awarded two contracts from cable solutions provider Prysmian for the engineering and installation works for the IJmuiden Ver Alpha and Nederwiek 1 offshore grid systems in the Netherlands, whose combined worth is over $315 million.This is the most extensive cabling award in DEME’s history and marks the company's first project involving Prysmian’s 525 kV HVDC cable technology, featuring increased transmission capacity, according to the company.The contracts encompass cable installation…

The Middle East Gulf offshore market continues to exhibit strong growth in contract awards, even as it adjusts to the decision by Saudi NOC Aramco to suspend contracts for over 20 jack-up rigs.The Gulf region continues to contribute strongly to contract volumes in 2024. MSI tracked circa $50bn of contract awards during the first half of 2024, a rate which if continued will see 2024 capex spend outstrip levels seen in 2022 and 2023. The Middle East Gulf and South and Central America dominated awards accounting for about 55% and 30% of awards…

Offshore installation services company Jan De Nul has ordered another XL cable laying vessel (CLV), identical to the Fleeming Jenkin, which boasts ‘unrivalled cable-carrying capacity’.Like the Fleeming Jenkin, the vessel will be 215 meters long and can transport 28,000 tonnes of cables.This will make them the largest capacity cable-laying vessels in the world, according to Jan De Nul.Thanks to cutting-edge technology on both vessels, designed by Jan De Nul Group's own specialists, they can lay cables in both shallow and ultra-deep waters up to 3,000 meters.

Jan De Nul Group together with its consortium partners LS Cable & System and Denys has signed the contracts for two 525 HVDC cable systems for the two grid connection systems BalWin4 and LanWin1. These mark the first two contracts signed under the long-term framework agreement that TenneT and Jan De Nul have signed earlier this year. The projects comprise the design, manufacturing, transport, installation, protection and testing of three 525 kV cable systems for connecting offshore…

Norwegian offshore vessel operator DOF Group has secured two contracts with Brazil’s state-run oil and gas company Petrobras, worth over $192 million.Petrobras has awarded new long-term charter and service contracts to Norskan Offshore. and DOF Subsea Servicos Brasil, after a competitive tender process.The vessel Skandi Amazonas, which was on the spot market, is chartered for three years firm with two years mutually agreed option via Petrobras tender issued late in 2023, to operate…