Activity News

Zamil Offshore commissioned Incat Crowther and Singaporean shipbuilder Lita Ocean to design, build and deliver a fourth 60-m ABS-classed monohull Fast Support Intervention Vessel (FSIV). The project follows the delivery of the third vessel in the original fleet with the performance of the fleet leading to the order of a fourth vessel.The FSIV fleet is assisting Zamil Offshore with the efficient and safe transport of cargo, heavy maintenance equipment and personnel for Saudi Aramco’s operations in the Arabian Sea.

HYDRA SUBSEA announced the execution of a commercial agreement with Shell Offshore Inc. for a standardized deepwater pipeline installation solution for selected short distance subsea tie-ins in the Gulf of America. Shell’s Appomattox gas lift line is the first project proposed, subject to project-specific approvals and requirements. Appomattox, located 80 miles off the coast of Louisiana, is operated by Shell (79%) with INEOS holding a 21% working interest.HYDRA is currently progressing through the program and preparations for reactivation of the Subsea Legend.

DEME has secured a contract worth between $56 million and $168 million for the transportation and installation of 69 wind turbines at the Zeevonk offshore wind farm in the Dutch North Sea, expanding its role in the approximately 1 GW project.The company will deploy its next-generation jack-up offshore transport and installation vessel, Norse Energi, to install the turbines during the first phase of the development.The latest award, valued between $56 million and $168 (€50 million and €150 million)…

Oil markets initially treated the Iran war as a brief bullish disruption in a long-term bearish trend. But traders are now betting that oil prices will remain elevated through 2028, forcing a rethink of the global inflation outlook.Eight months into the war, the buffers that helped absorb the initial energy shock – most notably onshore crude oil stockpiles – are wearing dangerously thin. At the same time, the recovery in crude exports through the Strait of Hormuz remains fragile…

Norwegian offshore vessel owner DOF Group has secured a contract extension for its construction support vessel (CSV) Skandi Nomad.The 12-month extension will keep the vessel on firm contract until November 2027.The extension follows the exercise of an existing contract option, DOF said.The company classified the value of the option period as limited, representing a contract worth less than $15 million under its contract value reporting system.Skandi Nomad, built in 2010, is designed for subsea operations across a range of water depths and environmental conditions.

Iran is deploying new tactics to target ships sailing through the Strait of Hormuz as it seeks to keep oil prices high and influence the US midterm elections, two senior Iranian officials told Reuters.Tehran has tried to exert control over the Strait of Hormuz since the US and Israel launched strikes against Iran on February 28. It has restricted passage through the waterway, which carried about a fifth of global oil and liquefied natural gas trade before the war, in an effort to gain leverage over Washington.Its threats and attacks have severely curtailed traffic through the strait…

A Ukrainian ex-military officer goes on trial in Germany on Wednesday, accused of organising the secret operation that blew up the Nord Stream gas pipelines in September 2022, severing western Europe from the biggest source of Russian natural gas.The suspect, identified under German privacy rules only as Serhii K., is accused of leading a group of Ukrainian agents including divers and an explosives expert to mount one of the biggest infrastructure sabotage operations of modern…

Kongsberg Maritime has secured a contract with IWS Fleet, a subsidiary of Integrated Wind Solutions (IWS), to provide vessel design and integrated technology systems for four new commissioning service operation vessels (CSOVs) intended for offshore wind operations.Kongsberg Maritime's scope includes electrical power systems, navigation and bridge systems, propulsion, deck machinery, dynamic positioning systems and overall system integration.Each vessel will feature a double-ended design with four rim-drive azimuth thrusters…

Hampidjan Advant has signed an agreement with Cadeler to manufacture and supply heavy-duty lifting slings for the East Anglia TWO offshore wind farm project in the North Sea off the east coast of England.The equipment will be used aboard Cadeler's new wind turbine installation vessel (WTIV), Wind Ace, during construction of the wind farm, which is owned by ScottishPower Renewables.The slings will be manufactured by Hampidjan Baltic in Lithuania using high-modulus polyethylene…

DOF Group ASA announced the award of a significant contract with a North Sea operator for a subsea decommissioning campaign.The contract scope includes project management, engineering, offshore execution and disposal services for the removal of subsea infrastructure and seabed clearance across multiple offshore fields. The offshore campaign is scheduled for execution during the first quarter of 2027.DOF will utilize its integrated decommissioning capabilities, combining in-house engineering, project management, marine operations, ROV services, survey and offshore execution.

Bibby Marine has launched its new battery-first electric commissioning service operation vessel (eCSOV) at Armon Shipyard in Vigo, Spain, ahead of its planned delivery in 2027.The vessel, which will carry the name Staffordshire, entered the water on October 10 and will undergo further outfitting at the shipyard over the coming months, including the installation of its battery systems.Unlike conventional hybrid-assist designs, the eCSOV is designed to use its energy storage system…

Oil prices settled lower on Wednesday following a choppy session after the International Energy Agency agreed to speed up a release of oil stocks and prioritize diesel in a bid to curb record-high fuel prices as the Iran war squeezes global supplies.Brent crude futures LCOc1 settled down 38 cents, or 0.38%, at $100.20 a barrel. US West Texas Intermediate (WTI) crude futures CLc1 settled down $1.16, or 1.3%, to $88.28.The IEA said completing previously announced releases as quickly as possible could bring around 100 million barrels to market…

Lamprell has signed an agreement with International Maritime Industries (IMI) to fabricate several offshore structures, including a production platform and jackets, at IMI's Ras Al-Khair facility in Saudi Arabia.The fabrication work forms part of an offshore engineering, procurement, construction and installation (EPCI) project being delivered by Lamprell.The agreement marks the first offshore production platform and jacket fabrication scope undertaken at IMI's Ras Al-Khair yard…

Seatrium has secured an engineering, procurement, construction, installation and commissioning (EPCIC) contract from Excelerate Energy to convert an LNG carrier into a floating storage and regasification unit (FSRU), with an option for a second conversion.The project marks Seatrium's first EPCIC FSRU conversion contract for Excelerate Energy, with engineering work expected to begin in the fourth quarter of 2026 and delivery targeted for 2028.The contract covers the installation and integration of regasification facilities…

Azane Fuel Solutions has received approval from Norway's Directorate for Civil Protection (DSB) to conduct a test bunkering of up to 73 tonnes of ammonia aboard the Viking Energy platform supply vessel (PSV), marking a milestone in its conversion to ammonia propulsion. The operation is scheduled for October or November 2026 at Stord, Norway, as part of the commissioning of ammonia fuel systems being installed under the Apollo project. Ammonia will be transferred to the vessel from up to three tank trailers…

The topsides and jackets for two offshore substations serving Germany's 927 MW Gennaker offshore wind farm have departed the Netherlands for installation in the Baltic Sea as part of the OST-6-1 offshore grid connection project.The OSS Zingst and OSS Darß substations are being delivered by the HSI joint venture, comprising Smulders HSM and Iv, under an engineering, procurement, construction, installation and commissioning (EPCIC) contract.The substations, each with a capacity of approximately 450 MW…

Solstad Offshore has exercised an option to purchase the construction support vessel (CSV) Normand Maximus for $125 million via its subsidiary, with the acquisition scheduled to be completed in October 2027.Solstad Offshore’s subsidiary Normand Maximus declared the purchase option on October 6, 2026, under a bareboat charter agreement signed with Maximus Shipping in October 2022.The agreement gave Normand Maximus the right to acquire the vessel after five years of chartering, subject to 12 months' advance notice.The bareboat charter will terminate when Maximus Shipping…

Sumitomo Corporation Global Metals Co., Ltd. (SCGM) and TFI Marine Limited have formed a partnership to introduce innovation into mooring solutions for floating offshore wind and offshore energy projects. The partnership enables and accelerates the deployment of floating offshore wind in Japan and globally, contributing to decarbonization and energy security.Mooring systems are among the principal cost and risk drivers in floating offshore wind. As projects move into deeper water and towards commercial scale…

Oil prices climbed on Wednesday as the market weighed supply constraints from a storm heading for US oil-producing regions and attacks by Yemen's Iran-backed Houthis on Saudi Arabia against increased supplies of Middle East crude.Brent futures LCOc1 rose 81 cents, or 0.8%, to $101.39 a barrel by 0635 GMT. US West Texas Intermediate (WTI) crude futures CLc1 gained 61 cents, or 0.7%, to $90.05 a barrel.US forecasters said on Tuesday a storm forming in the Gulf of Mexico would become…

Danish contractor Cadeler has completed installation of all 76 wind turbines at the 1.2 GW Baltic Power project, Poland's first offshore wind farm, using its jack-up vessels Wind Osprey and Wind Mover.The completion of the turbine campaign moves Baltic Power into the final stages of preparation for full commissioning and operation after the project delivered first power to Poland's national grid in July 2026.Cadeler installed 76 Vestas V236-15 MW turbines at the Baltic Sea project.

Framo has signed a four-year agreement with Petrobras to inspect and maintain pumping systems across the Brazilian energy company's fleet of about 30 floating production, storage and offloading (FPSO) units, in what the Norwegian pump manufacturer said was its largest service contract of its kind to date.The agreement covers inspection, maintenance and training for Framo pumps installed across the fleet, including seawater lift, firewater, cargo and water injection systems.Work…

Iran is still reviewing a US response to its proposal regarding the reopening of the Strait of Hormuz and will reply to Washington via intermediaries when the review is over, foreign ministry spokesperson Esmaeil Baghaei said on Monday.Baghaei also told a press conference that Iran continues to exchange messages via intermediaries, without elaborating. Qatar and Pakistan, among others, have acted as mediators in efforts to end the war that began with US and Israeli strikes on Iran on February 28.After a June interim ceasefire crumbled and on-off strikes resumed…

Several top energy executives were dropped from the schedule of the WPC Energy Congress in Riyadh, as Saudi authorities pressed ahead with the event despite deadly attacks on the capital claimed by Yemen's Iran-aligned Houthis.The chief executives of ExxonMobil, TotalEnergies, Shell, Chevron and BP had all been expected at the event, which began on Sunday, but were no longer on the agenda that conference organizers released early Monday.“To everyone who travelled to Riyadh, thank you…