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New Offshore

VARD Wins Offshore Vessel Order

Vard Holdings Limited, a designer and builder of offshore and specialized vessels, said it has secured a new contract for the design and construction of one offshore vessel for an undisclosed international customer. The new offshore vessel is designed by Vard Design in Ålesund, Norway. With the hull to be constructed at Vard Braila in Romania, outfitting and delivery is scheduled from Vard Langsten in Norway in 2017. As of September 30, 2015, the group had 31 vessels in its order book, 18 of which will be of VARD’s own design.  


White House Halts All New Offshore Drilling

According to an April 30 report from AOLNews.com, the White House said today it is halting all new offshore drilling in U.S. waters until there's an "adequate review" of a massive 600-mile-wide oil slick that has begun to drift into Louisiana's wetlands. British Petroleum pledged to reimburse people whose property is damaged by the spill. (Source: AOLNews.com)


NG Supplies Nav Systems for Brazil OSVs

Northrop Grumman Corporation's (NYSE:NOC) Sperry Marine business unit has been awarded contracts to supply bridge navigation systems for four new offshore supply vessels to be built in Brazil. The four multipurpose platform supply vessels, designed by Rolls-Royce, will be built at the Estaleiro Alianca shipyard near Rio de Janeiro for Companhia Brasileira de Offshore (CBO). They will be placed on long-term charter with Petrobras, the Brazilian state oil company


Mobile Offshore Drilling Units – New Market Forecast

A research report estimates the value of the global mobile offshore drilling market to be US$ 48.1-billion in 2012 An excerpt from the report follows: Oil and gas production from offshore resources is of considerable importance for energy companies as existing base resources are being depleted at a rapid rate. New significant oil discoveries are becoming less common, with the majority of major finds being offshore


Siemens Wind Power Turbine Certified

Photo (from left to right): Morten Pilgaard Rasmussen, Head of Research & Development at Siemens Wind Power, and Axel Dombrowski, Head of Department Machinery Components and Electrical Engineering at GL Renewables Certification.

Siemens Wind Power has received offshore prototype certification from GL Renewables Certification (GL RC) for testing its new 6 megawatt offshore wind turbine at DONG Energy's Gunfleet Sands III demonstration project in the UK. This will be the first offshore test of this new offshore wind turbine. Morten Pilgaard Rasmussen, head of research and development at Siemens Wind Power received the Prototype Certificate from Axel Dombrowski


Vard Design for USCG OPC Program

(Image: Vard)

Vard Holdings Limited said a design developed by its subsidiary Vard Marine was selected for the U.S. Coast Guard’s new Offshore Patrol Cutter (OPC) program. Eastern Shipbuilding Group and team partners were selected for the detailed design and construction phase for the U.S. Coast Guard’s Offshore Patrol Cutter (OPC) program.  Vard Marine President and CEO Dave McMillan commented, “We look forward to completing detailed development of the VARD 7 110 design that formed


Offshore Wind Power: Good Growth in EU in 1H '11

(Source: European Wind Energy Association (EWEA) )

The European Wind Energy Association (EWEA) has published offshore wind energy statistics for the first half year of 2011, showing a comfortable 4.5% increase in installations of offshore capacity compared to the first half of 2010. 101 new offshore wind turbines, with a total capacity of 348 Megawatt (MW), were connected to the power grids in the UK, Germany and Norway during the first six months of 2011. In Europe, eleven offshore wind farms worth some 8


NAT's New Offshore Subsidiary to Seek NYSE Listing

Tankship photo courtesy of NAT

Nordic American Tankers Ltd. (NAT) inform that they have created a new offshore supply vessel company, Nordic American Offshore Ltd. that has completed a $250m private placement. Earlier this month the investor market was informed that NAT was coordinating the establishment of Nordic American Offshore Ltd. (NAO).  NAO, an offshore supply ship company, has now been established and NAT is its largest shareholder (26%) with an investment of $65 mill.


Saipem Bags $750m E&C Contracts in Gulf of Mexico

Umberto Vergine, Saipem CEO,

  Saipem has been awarded new offshore Engineering & Construction contracts in the Gulf of Mexico, for a total amount of approximately $750 million. Pemex has awarded Saipem an EPCI contract for the development of the Lakach field, located 98 km southeast of Veracruz and 131 km northwest of Coatzacoalcos, at a water depth varying between 850 and 1,200 metres. The scope of work of the contract involves the engineering, procurement


MOL Invests in Self-Elevating Platform Vessel Operator

One of the world’s largest Self-Elevating Platform vessels, the Seajacks Scylla, owned and operated by Seajacks Photo MOL

Mitsui O.S.K. Lines, Ltd. today announced a plan to acquire a 5% share in Seajacks International Limited (Seajacks) Group, which owns and operates five Self-Elevating Platform vessels(*1), from Marubeni Corporation. This is a new offshore business for MOL, following FPSO(*2), FSRU (*3), shuttle tanker (*4), and subsea support vessel (*5). It is also the first step to move into the renewable energy business field through involvement in installation of offshore wind power generation systems


C-Job to Provide Basic Design for DEME’s Orion

Photo courtesy of C-Job Naval Architects

Having recently supplied the concept design for DEME Group’s new offshore installation vessel Orion, C-Job Naval Architects said it will now provide COSCO OFFSHORE CO. Ltd (Qidong) with the vessel’s basic design package. Orion will be built at COSCO SHIPPING HEAVY INDUSTRY in China for


Simulation: The Centre for Marine Simulation

Photo: The Centre for Marine Simulation

The Centre for Marine Simulation, The Marine Institute of Memorial University 155 Ridge Road St. John’s , Newfoundland Labrador, Canada  Tel: (709) 778-0305 Email: Christopher.hearn@mi.mun.ca Director: Captain Chris Hearn   Overview


Mitsui Innovation: noah-FPSO Hull Gets AIP from BV

(Image: Mitsui)

Mitsui Engineering & Shipbuilding Co., Ltd. (MES) obtained Bureau Veritas Approval in Principle (AIP) for the noah-FPSO Hull and associated design and construction methods following American Bureau of Shipping. This AIP provides assurance of the feasibility and reliability of the


Wärtsilä to Power LNG Offshore Construction Vessel

The worlds first LNG fueled offshore construction vessel being built for DEME will be powered by Wärtsilä. (Photo: Wärtsilä)

Wärtsilä is to supply the engines and other propulsion machinery for a new offshore construction vessel being built at the Cosco shipyard in China. The ship owner is Belgian operator Dredging International (DEME). This will be the first vessel of its kind to be fueled by liquefied


AMC’s CTV for a Booming Market

Hurricane Tow Photo Aluminium Marine Consultants

The International Energy Agency states that 2.5% of global electricity demand is today provided by wind power—and that figure is set to grow by 42% through to 2021. In Europe alone, according to the 2016 report from the European Wind Energy Association (EWEA)


Royal IHC Signs Contract with Shanghai Salvage

550t Reel Lay system for Shanghai Salvage (Photo: Royal IHC)

Royal IHC has announced they have signed a contract with Shanghai Salvage in China for the supply of an integrated 550t Reel lay system. This will be the first Reel lay system in the Chinese market and will be one of the largest and most sophisticated Reel lay systems worldwide.


Obama Looks to Block Arctic, Atlantic Drilling

file image: an offshore production platfom (CREDIT: James Fisher)

U.S. President Barack Obama is preparing to block the sale of new offshore drilling rights in much of the U.S. Arctic and parts of the Atlantic, Bloomberg reported, citing two people familiar with the decision. Obama's move, which could come as soon as today


Obama's Arctic Ban and Aftermath

Photo courtesy: BP p.l.c.

 US President Barack Obama has permanently banned offshore oil and gas drilling in the "vast majority" of US-owned northern waters.   Vowing that his successor won’t be able to reverse his actions, President Obama on Tuesday used executive authority to permanently ban


Eastern Selects MAN Engines for OPC

The MAN V2833D STC engine, here pictured in its 20-cylinder configuration. Photo MAN

The US Coast Guard will have MAN’s 28/33D STC engines installed as the main propulsion for its new Offshore Patrol Cutter (OPC) programme. The programme is the replacement platform for the 13 ‘Famous’ class and 14 ‘Reliance’ class cutter vessels


DNV GL Certifies Siemens’ 8 MW Offshore Wind Turbine

Photo: DNV GL

DNV GL has assessed the market’s new offshore turbine in development and awarded Siemens Wind Power with the Prototype Certificate for its 8 megawatt (MW) offshore wind turbine SWT-8.0-154.    The prototype certification confirms all relevant safety features on the turbine


MOL to Invest in Seajacks International

One of the worlds largest Self-Elevating Platform vessels, the Seajacks Scylla, owned and operated by Seajacks. Photo: Seajacks Ltd

 Mitsui O.S.K. Lines is investing in self-elevating platform vessel operator Seajacks International Limited (Seajacks) to move into offshore business following FPSO, FSRU, Shuttle Tanker, and Subsea Support Vessel.   MOL has announced a plan to acquire a 5% share in Seajacks


Rolls-Royce Wins USCG OPC Propulsion Contract

Offshore Partrol Cutter (Photo: Rolls-Royce)

Rolls-Royce will provide an extensive range of equipment, including MTU marine generator sets, to a new fleet of U.S. Coast Guard Offshore Patrol Cutters (USCG OPC). The Rolls-Royce equipment was selected by Eastern Shipbuilding Group (ESG) Inc


New Offshore Installation Vessel for GeoSea

Image: DEME

COSCO will build a new offshore installation vessel in China for DEME subsidiary GeoSea, to be used for offshore wind farm construction, oil and gas industry services and decommissioning work. The vessel, Orion, is due to be delivered in 2019.


Singapore’s Survivability

New business: Keppel has begun building dredgers like the Cristobal Colon, seen hear outside Rio de Janeiro. (Photo: copyright Jan de Nul Offshore)

Singapore’s shipyards are looking to recent investments in capacity, design and newly acquired technology to combat order declines after a decades-long offshore buildup. Sembcorp and peer Keppel are making the most of partnerships in FLNG and showing signs they’ll be okay through the


Consolidation – A Path to Subsea Vessel Sustainability

Graphics: Subsea Vessel Operations expenditure by Sector – 2017-2021. Source: Douglas-Westwood, World Subsea Hardware & Vessel Operations Market Forecast

 In recent years, the speed with which newbuild vessels have entered the market has amplified the subsea vessel demand/supply imbalance, says a report by Douglas-Westwood London.   This has been further exacerbated by sustained low oil prices






 
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