Deepwater News

Lebanon and Cyprus signed a long-awaited maritime demarcation deal on Wednesday, paving the way for potential exploration of offshore gas fields and energy cooperation in the Mediterranean.Lebanese President Joseph Aoun and Cypriot President Nikos Christodoulides signed the agreement at Lebanon's presidential palace and told reporters it would signal deeper cooperation between Lebanon, European Union-member Cyprus and the broader EU."This is a historical agreement, concluding an issue pending for many years and now look forward to what our countries can jointly create…

Singapore-based engineering group Seatrium has reported strong execution in the third quarter ended September 30, 2025, bolstered by major offshore and wind project deliveries, a high-value order book and strategic asset sales.The group’s net order book stood at about $12.8 billion (S$16.6 billion), covering 24 projects slated for delivery through 2031. During the third quarter of 2025 the company completed the wind turbine installation vessel Charybdis and the offshore substations Greater Changhua 2b and 4…

The UK offshore renewables sector has been put through its paces in a major emergency response exercise designed to test coordination among industry, government, and emergency services during a large-scale offshore incident.Organized by the Offshore Renewable Energy Emergency Forum (OREEF), the triennial TRIREX exercise — titled Exercise Blyth — brought together Ocean Winds, Police Scotland, HM Coastguard, Esvagt, Vestas, and other stakeholders at the Moray East Offshore Wind Farm to conduct realistic emergency response drills.The two-day exercise…

Ocean services provider DeepOcean and Saudi Arabia-based Jana Marine Services have signed a heads of terms agreement to establish a joint venture company that will offer integrated subsea solutions to the offshore energy industry in the Middle East.The intended joint venture, to be named JADE Subsea Services, plans to enter into a five-year charter agreement with Jana Marine for a newbuild DP2 hybrid diving support vessel (DSV) capable of performing subsea construction, inspection…

DOF Group ASA's revenue for 3rd quarter totals USD 501 million and EBITDA totals USD 205 million. The operating profit (EBIT) is USD 138 million. Net financial cost amounts to USD -1 million, including unrealized currency gain of USD 20 million. The result after taxes is USD 107 million. The Group’s net interest-bearing debt is USD 1,332 million. The equity is USD 1,978 million giving an equity ratio of 46%.Key Highlights in the 3rd quarter:The Group delivered EBITDA of USD 205 million…

DOF Group ASA ("DOF") is pleased to announce that three PLSVs (pipelay support vessels) owned through a joint venture between DOF (50%) and TechnipFMC (50%) have secured contract extensions with Petrobras in Brazil.Skandi Vitória and Skandi Niterói have had their current contracts extended from Q4-2025 until Q1-2027. The 3-year contracts announced in June 2024 will now commence following the extension period. Skandi Açu has had its current contract extended from Q3-2026 until Q1-2027.

Mermaid Subsea Services (UK) has completed a fast-track subsea recovery campaign in the North Sea for a major operator.The operation involved the internal and external severance of casing, conductor, guide pipe and cement lines, as well as local seabed excavation and recovery of the CAN-Basic structure.Mermaid also handled waste management of recovered items and backfill operations to prepare for an over-trawl survey. “This was a time-critical project, and our team responded with professionalism and agility to ensure safe and efficient delivery.

U-Ming Marine Offshore (UMO) and Purus have teamed up to form UPO Holdings (UPO), a joint venture aimed at expanding offshore wind operations in Taiwan and the region.UPO is commissioning two state-of-the-art VARD 419 Commissioning Service Operation Vessels (CSOVs), each 88 meters long and designed explicitly for Taiwan’s operating conditions.The vessels will be equipped with Seaonics All-Electric Walk-to-Work (W2W) 3D gangways, enhanced DP2 dynamic positioning, and hybrid propulsion…

Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore production slows due to lower prices and maturing shale fields, and analysts and consultants expect the trend to continue as new technology and friendly regulations attract investment offshore.The offshore oil and gas sector took a backseat to shale in recent years because drilling at sea requires years of construction work and higher upfront investments. Entry costs were lower for shale production and returns quicker, so rapid expansion in shale made the U.S.

Ocean services provider DeepOcean has expanded its service offering to the offshore renewables and oil and gas industries by entering into a time charter agreement for the multipurpose support vessel Glomar Supporter.Chartered from Glomar Offshore, the Glomar Supporter vessel will join DeepOcean’s fleet in January 2026 with its first operations planned in EuropeDeepOcean will utilise the Glomar Supporter to enhance its offering in survey, inspection and light IMR (inspection,…

Survival technology specialist Survitec has launched its next-generation high-expansion foam fire suppression system, designed to deliver higher foam output at lower operating pressures while reducing both installation and through-life costs for shipyards and shipowners.The key breakthrough lies in a redesigned generator that produces greater volumes of foam at significantly lower feed pressures. Traditionally, high pressure has been a limiting factor in foam system performance…

Norwegian offshore supply vessel owner DOF Group has secured long-term contracts for two of its vessels with Petrobras for work offshore Brazil.The contracts, with a combined value of approximately $200 million, are for Skandi Chieftain high-spec subsea vessel and Skandi Olympia DP2 construction support vessel.The vessels have been awarded four-year charters with Petrobras.Both vessels will operate with one WROV and are expected to be delivered in October 2026.The contracts follow the same competitive tender process that resulted in the contract awards for DOF’s Skandi Achiever…

United Oil & Gas has signed a non-binding memorandum of understanding (MoU) with TDI-Brooks to secure a specialist survey vessel for a campaign offshore Jamaica.The work is related to the planned piston coring and surface geochemical program on the company’s Walton Morant Licence.The campaign forms a key part of United's forward work program under its extended license to January 2028. The survey will involve the collection of 40-60 seabed core samples across the Walton and Morant Basins…

Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras, for its subsea equipment support vessel AKOFS Santos, which will continue to operate offshore Brazil.Following a competitive tender process, the vessel will continue to perform services as a multi-purpose supply vessel (MPSV) for Petrobras in Brazil under a new contract.The contract has a duration of four years, with operations expected to start in January 2027…

Ocean services provider DeepOcean has been awarded a SIMOPRO – simultaneous marine operation and production – installation contract by Equinor on the Norwegian continental shelf.DeepOcean’s scope of work entails SIMOPRO installation work on both the Åsgård and Visund fields. The company will undertake onshore project management, engineering and procurement services as well as offshore operations.A SIMOPRO operation refers to a complex offshore job where marine construction or…

Reach Subsea has exercised the first in a series of exclusive options with Kongsberg Maritime for the delivery of the next two uncrewed surface vessels (USVs), Reach Remote 3 and 4.The contract terms have been mutually agreed and remain confidential between the parties.Delivery is scheduled for the second half of 2027, marking a key milestone in Reach Subsea’s USV scaling program.The specifications for Reach Remote 3 and 4 will mirror the first two vessels, with targeted adjustments…

Roll Group has signed the long-term charter of the wide deck carrier Bigroll KMC Beaumont from its partner KMC Bluewhale.The vessel was delivered in Singapore and will immediately begin operations to support of Roll Group’s expanding global project logistics and transportation services.With its 139-meter length overall and 32-meter deck width, the Bigroll KMC Beaumont is expected to enhance the company’s ability to transport heavy and oversized cargoes across key markets, particularly…

U.S Environmental Protection Agency (EPA) issued the Clean Air Act (CAA) permit for the proposed offshore Texas GulfLink (TGL) deepwater port. The permit allows a first-of-its-kind use of vapor capture and control technology mounted on an offshore support vessel at TGL’s proposed deepwater port about 30 miles southeast of Freeport, Texas.The offshore deepwater port will be able to load very large crude carriers up to 85,000 barrels per hour, or 365 million barrels a year. The…

Intermoor, Acteon’s Moorings and Anchors business line, and Jumbo Offshore, an offshore transportation and installation specialist, have entered into strategic alliance aimed at jointly delivering fully integrated project management, engineering, transport and installation services to the offshore oil and gas as well as floating wind sectors.This partnership brings together Intermoor’s expertise in mooring systems and offshore engineering with Jumbo Offshore’s capabilities in heavy-lift transport and mooring installation.Under the alliance…

Norwegian offshore supply vessel owner DOF Group has secured a contract award for moorings hook-up services in the Asia Pacific (APAC) region.The contract will use construction support vessel (CSV) Skandi Hercules with related mooring and subsea installation services.The scope of work includes DOF’s full suite of in-house project management, engineering, procurement and logistics support services.Offshore execution is scheduled in the first quarter of 2026, and the vessel utilization under the contract is expected to be approximately four weeks.According to DOF…

ABS has granted approval in principle to a liquefied carbon dioxide (LCO2) floating storage and injection unit (FSIU) designed by MODEC in collaboration with Mitsui OSK Lines (MOL).Tailored to the growing demands of the global carbon capture, utilization and storage (CCUS) value chain, the design eliminates the need for onshore facilities, bringing LCO2 storage and injection offshore.With a design capable of injecting up to 10 million tonnes of CO2 annually and featuring a minimum total tank storage capacity of 100…

Singapore-based marine logistics firm Marco Polo has hired Norwegian ship designer Salt Ship Design to design the CSOV Plus, the next-generation commissioning service operation vessel (CSOV) for oil and gas and offshore wind sectors.The contract was signed between Marco Polo’s Taiwan-based subsidiary PKR Offshore, Salt Ship Design and Marco Polo Shipyard.Marco Polo Marine’s new CSOV Plus marks a significant advancement in offshore support vessel capability.The CSOV vessel will…

Equinor has exercised its option to extend the firm period of the contract for two of DOF’s platform supply vessels (PSVs).Equinor extended contracts for Skandi Flora and Skandi Mongstad PSVs.The extension is applicable from October 2025, according to Norwegian the Norwegian offshore supply vessel owner.Both vessels have one further one-year extension option from October 2026 available.