Activity News

Norwegian shipbuilder Vard has signed a contract for the design and construction of two Commissioning Service Operation Vessels (CSOVs) for an undisclosed international customer.The agreement, valued between $115 million and $230 million, also has an option for one additional vessel Vard said.The two CSOVs are of VARD 4 19 design developed by Vard Design in Ålesund, Norway. The design is upgraded, and tailor made to the customer’s needs to give environmental benefits with a hull design optimized for low fuel consumption…

Cadeler has taken delivery of its latest acquisition, a newly-constructed jack-up wind turbine installation vessel (WTIV) Wind Keeper, securing also a long-term contract for its maiden job with Vestas.Cadeler announced its agreement to purchase the Wind Keeper from Shanghai Boqiang Heavy Industry Group in May 2025, and the vessel has now officially been delivered to the company.Wind Keeper has become the eighth vessel in Cadeler’s growing fleet, further strengthening the company’s…

Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.Shares of Chevron were up 3.6% in premarket trading, with Hess gaining nearly 7.4%. Exxon shares were up 0.3%.CNBC first reported the arbitration outcome. An Exxon Mobil spokesperson confirmed to Reuters that Chevron prevailed in the mediation over Guyana oil assets.Chevron and Hess…

The world’s most powerful direct-drive floating offshore wind turbine, rated at 17 MW and co-developed by Dongfang Electric Corporation and China Huaneng, has been rolled out in China.With the highest single-unit capacity and the largest rotor diameter globally, the milestone marks a new breakthrough in China’s offshore wind power equipment manufacturing and provides vital technological support for expanding into deepsea offshore wind development.The turbine has a rotor diameter of 262 meters and a swept area of about 53…

Norwegian offshore vessel owner Solstad Maritime has secured work for its Normand Pioneer construction support vessel (CSV) for the end-client Petrobras.The vessel will be on a bareboat contract from Solstad Maritime to Solstad Offshore (SOFF), which is the contract holder with Petrobras.Normand Pioneer CSV will be mobilized with a heave compensated E-type gangway system from Ampelmann to the contract that will beging in October 2025.Duration of the contract is 180 days firm and has a gross value of approximately $17 million…

Venture Global will supply 2 million tonnes per annum (MTPA) of liquefied natural gas from its Calcasieu Pass 2 project over 20 years to Italian state-controlled energy group Eni, the two companies said on Wednesday.The deal is Eni's first long-term contract for LNG supply from the United States and will help it expand and diversify its global LNG footprint.Part of these volumes will contribute to the diversification of Europe's gas supplies, Eni said in a statement.Eni said it would start receiving the cargoes at the end of the decade from the facility currently under development in Louisiana

Taihan’s cable laying vessel (CLV), PALOS, has successfully completed the installation of export cables for the 364.8 MW Yeonggwang Nakwol offshore wind farm in South Korea.The project, being developed Nakwol Blue Heart, is located near Songido, is a large-scale initiative to develop a 364.8MW wind power complex.With a total project cost of $1.6 billion, the facility will generate enough electricity to power approximately 250,000 households year-round upon completion. The overall…

Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, storage and offloading (FPSO) units to Petrobras.The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard. Upon delivery, the P-78 will be deployed in Brazil’s prolific Buzios field, the largest deepwater oil field globally, with a production capacity of 180,000 barrels of oil per day (bopd), 7.2 million cubic metres (mcbm) of gas per day…

Van Oord has completed the installation of all monopile foundations at RWE’s Sofia offshore wind farm, marking a major milestone in the construction of one of world’s largest wind farms.To execute the works, Van Oord deployed offshore wind installation vessel Aeolus, renowned for its capabilities in complex offshore wind operations.The 1.4 GW Sofia offshore wind farm, located on Dogger Bank in the central North Sea, will generate enough renewable energy to power approximately 1.2 million average U.K.

Norwegian offshore supply vessel owner DOF Group has signed agreements to sell two of its anchor handling tug supply (AHTS) vessel to an international buyer.The sold vessels include Skandi Tender and Skandi Trader, both build in 2009.The sale of Skandi Trader is contingent upon the buyer’s inspection, DOF Group added, not disclosing any additional details.Both vessels are planned to be delivered to the new owner in September 2025.

Norwegian offshore vessel owner Solstad Offshore has confirmed a contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa.The four-year contract, which received board approval, is scheduled to begin in February 2026.The current contract for Normand Turquesa has also been extended by nine months and runs until start of new contract.With the latest contract, worth $84 million, the vessel will be fully committed until February 2030, Solstad said earlier.Normand Turquesa AHTS is of UT 722 L design, built in 2007.

Artemis Technologies has demonstrated its latest electric crew transfer vessel (E-CTV) at Vattenfall's Aberdeen offshore wind farm, in partnership with Vattenfall, Tidal Transit, Lloyd's Register and the Offshore Renewable Energy (ORE) Catapult.The technical demonstration of a dual propulsion, 100% electric Artemis EF-12 CTV at an operational offshore wind farm marks a major milestone, showcasing the culmination of research, design and development over a number of years.Vattenfall…

Woodside Energy has signed a non-binding memorandum of understanding (MoU) with Hyundai Engineering and Hyundai Glovis, establishing a strategic framework to collaborate on liquefied natural gas (LNG) project development, engineering services and shipping logistics.The MoU will see the parties focus on advancing execution capability and extending their reach into priority LNG markets.The combination of Woodside’s success in LNG development, Hyundai Engineering’s extensive engineering…

ABS issued approval in principle (AIP) to Hanwha Ocean for its new design of a semisubmersible-type floating offshore wind turbine.The design, named WindHive 15-H3, supports 15-megawatt (MW) turbines on three hexagonal columns. ABS completed design reviews based on class and industry requirements.“Floating offshore wind power is set to play a critical role in the world’s future energy landscape, and we are proud to collaborate with industry leaders like Hanwha Ocean on innovative solutions that are focused on advancing safety at sea…

The official steel cutting ceremony for the third commissioning service operation vessel (CSOV) Vard is building for Rem Offshore has been held in Vietnam earlier in July, marking the start of construction for the vessel set for delivery in late 2026.The first steel for the vessel was cut on July 1 at Vard Vung Tau shipyard in Vietnam.The vessel NB 983 is the sister vessel to the NB 948 vessel, named REM Wind, that was delivered to REM Offshore in April 2024, which followed the delivery of REM Power vessel a year earlier.The CSOV is tailored to provide services during the construction…

Norwegian shipowner Rem Offshore has launched the hull for its dual-fuel methanol energy subsea construction vessel (ESCV) Rem Pioneer in Vietnam, months ahead of schedule.The launch ceremony was held on June 27 at Song Cam shipyard in Vietnam.According to the company, hull construction will continue for a while, and outfitting will begin in the autumn at Myklebust Verft.Rem Pioneer ESCV will be delivered in 2026 and will be the first of its kind that can perform heavy construction…

Norwegian shipbuilder Vard has completed the upgrades on Island Offshore’s well intervention vessel Island Wellsaver.The extensive upgrade and maintenance operation project for the Island Wellsaver vessel included the replacement of the remotely operated vehicle (ROV) system, installation of winch systems, and general maintentance work.The project has been completed on time and the vessel has been delivered to Island Offshore, according to Vard, with minimal downtime.The Island Wellserver well intervention vessel built in 2008.The multi-purpose offshore vessel of UT 767 CD design…

The Rotra Futura Roll-on/Roll-off (RoRo) vessel has entered operations, with the transportation of wind turbine blades from Denmark to the United States.The project supply vessel, specifically designed to handle larger and heavier offshore wind turbine components, collected the 108-meter-long blades at the Port of Aalborg, Denmark, under the supervision of deugro Denmark’s wind experts.The vessel, delivered in late March 2025, was developed as part of the the partnership between Danish logistics specialist deugro…

Mitsui O.S.K. Lines (MOL) has signed a Memorandum of Understanding (MoU) with Kinetics, the energy transition initiative of global floating power leader Karpowership, to jointly develop a next-generation floating data center platform.Under the MoU, the two companies will collaborate on the design, construction and deployment of a state-of-the-art data center hosted on a retrofitted vessel.The facility will be supplied with uninterrupted, dedicated power from a range of flexible sources…

American Bureau of Shipping (ABS), CORE POWER and Athlos Energy have formed a consortium to evaluate the potential of positioning the floating nuclear power (FNPP) platforms to meet the energy demands of islands, ports and coastal communities in the Mediterranean Sea.The group will research how FNPPs can potentially unlock a range of applications including the establishment of grid-scale electricity to remote locations, the delivery of emission-free energy to ports and the distribution…

A towing incident has occurred on Saudi oil and gas drilling contractor ADES Holding’s jack-up barge Admarine 12, which capsized offshore Eqypt, killing four people, while three remain missing.The incident occurred on Tuesday, July 1, while the barge was being towed to a new location in Egyptian territorial waters.At the time of the incident, 30 personnel were on board, involving 18 from ADES personnel.According to the latest information, 23 have been safely rescued, while remain missing and subject to intensive ongoing search operations by the relevant authorities.Tragically…

RightBridge Ventures Group has announced a proposed reverse acquisition of Swemar, which has entered into an agreement to acquire an offshore oil service company with operations across the Middle East, India, and South-East Asia.The company to be acquired by Swemar operates a fleet comprising Anchor Handler Tug Supply (AHTS) vessels and crew transportation vessels. It owns three vessels outright and operates an additional five to ten vessels under charter or management agreements.The acquisition marks a strategic first step toward establishing a strong maritime presence in Asia.

Danish offshore wind installation firm Cadeler has received a notice of termination for its wind turbine installation vessel (WTIV) from Ørsted which was booked for work for the now discontinued 2.4 GW Hornsea 4 offshore wind farm in United Kingdom.The long-term agreement for an A Class WTIV was first announce in April 8, 2024, under which Ørsted secured the vessel capacity from the first quarter of 2027 through the end of 2030.The vessel was supposed to be deployed at Ørsted’s Hornsea 4 offshore wind farm…