Mark Offshore Adds Research Vessel Mintis to Support Offshore Renewables
Mark Offshore has agreed with Klaipėda University to operate the research vessel Mintis, expanding its fleet and strengthening its position in offshore renewables and subsea support services.Under the agreement, the Lithuanian university has appointed Mark Offshore as commercial and operational manager for the vessel’s activities within the renewables and energy sectors.The addition of Mintis is aimed at supporting offshore wind, marine survey and nearshore energy projects, as…
Solstad Offshore Scoops Multiple Vessel Contracts
Norwegian offshore vessel owner Solstad Offshore has secured contracts with undisclosed clients for three of its offshore support vessels.The vessels that have been hired are Normand Jarstein, Normand Australis, and Normand Scorpion.Normand Jarstein construction support vessel (CSV) has been awarded a 135 days firm plus option contract for providing subsea support and services, partnering with Omega Subsea. The vessel will operate in West Africa, with the start in March 2025.Normand Australis CSV has been awarded a 200 days firm plus 90 days option contract for a renewable energy project.
Fortress’ FTAI Sells Two Offshore Energy Vessels for $143M
FTAI Aviation, part of Fortress Transportation and Infrastructure Investors, has sold two of its remaining offshore energy vessels for approximately $143 million.FTAI Aviation sold the Pioneer DP2 subsea support vessel and the Pride DP3 offshore well intervention vessel to an unnamed customer.The M/V Pioneer, built in 2011, is a DNV classed vessel fully SPS compliant, with an overall length of 82 meters and breadth of 20 meters and provides over 700 square meters of clear deck space.It is equipped with a 50-ton constant tension subsea crane…
Coastal Contracts Orders Subsea Support Vessel Pair in China
Malaysian shipowner Coastal Contracts Bhd on Thursday placed an order with Chinese shipbuilder Fujian Funing Shipbuilding Heavy Industry, a subsidiary of Fujian Shipbuilding Industry Group, for a pair of 85-meter subsea support/maintenance vessels.The vessels, each with 22-meter beam, 8-meter depth and 6.2-meter structural draft, will primarily support subsea maintenance, pipeline installation, marine cable laying and submarine resources exploration.The ships will be classed by ABS and meet the requirements of DPS-2, FFV1 classification notation,
Floating Production – A Growing Segment in Transition
The specialized deepwater oil & gas and floating offshore wind segments will share many of the same stakeholders and supply chains, competing for increasingly scarce resources.To receive a full version of Inteletus analysis, click hereThe established floating production segment is forecast to experience continued growth through this decade, driving demand for, among other things, moorings, subsea systems, umbilicals, risers, flowlines and the large anchor handlers and subsea support vessels that will install and maintain the elements.At the same time…
Wagenborg Offshore Takes Delivery of Subsea Support Vessel Kingsborg
Wagenborg Offshore has taken delivery of the Kingsborg subsea support vessel.Kingsborg is a subsea support vessel, converted from a platform supply vessel, that will support subsea activities and decommissioning works in the southern North Sea in a long-term agreement with an energy major, Wagenborg said, without sharing the name of the client."After the positive experiences with the W2W vessels Kasteelborg and Keizersborg, Wagenborg has once again opted to convert a standard Platform Supply Vessel into this specialist offshore vessel.
Vroon Offloads 30 Offshore Service Vessels to Britoil
Britoil Offshore Services said this week it had acquired 30 offshore service vessels and supporting offices in Singapore from Dutch shipping firm Vroon."The acquisition will see an expansion of Britoil’s operating footprint into the Mediterranean, the North Sea and Asia Pacific. The operations will also synergise in the Middle East and Africa," Britoil said.The 30 vessels and supporting offices were part of Vroon’s offshore services business. Earlier this year, Vroon announced it would sell these vessels as part of a strategic reorientation.
GEOS to Sell VOS Sugar Offshore Vessel at 'Substantial Profit'
The Norwegian offshore vessel owner Golden Energy Offshore Services AS (“GEOS”) said Wednedsay it had entered into a memorandum of agreement (the “MoA”) with an undisclosed buyer for the sale of the subsea support vessel VOS Sugar.The VOS Sugar is one of the Vroon Offshore vessels GEOS agreed to buy last month, a purchase which is in the process of completing. The MoA is subject to satisfactory vessel inspection by the buyer. Provided that the subject is lifted, the sale is expected to be completed in November 2023. "The agreed sales price in the MoA is EUR 15 million and when completed would represent a substantial cash profit to the company relative to the acquisition cost of USD 9.4 million in the [Vroon fleet acquisition]…
Maersk Supply Service's Vessel Bags Contract Extension for Angola Subsea Operations
Maersk Supply Service has secured a contract extension in Angola for its Subsea Support Vessel Maersk Involver for an additional 15 months.The Danish vessel owner said Monday that under the extended contract, the vessel and crew would support various subsea operations off the coast of Angola.
Indonesian Government Buys UK-Built Submarine Rescue System
UK-based Submarine Manufacturing and Products (SMP) will provide its new submarine rescue system (SRS) to the Indonesian Navy.The SRS will be hosted on a mothership designed by independent design and engineering consultancy Houlder and delivered by its Indonesian strategic partner, BTI Defence.The three-year build contract will include the UK design and manufacture of the SRS, centered around SMP's new SRV-F Mk3 rescue submersible. The custom build of the mothership will take place in region…
Norwegian Firm Agrees to Buy Five Vroon Offshore Vessels for $94M
Norwegian offshore vessel operator Golden Energy Offshore Services (GEOS) has entered into a binding Memorandum of Agreement for the acquisition of four platform supply vessels and one subsea support vessel from subsidiaries of Vroon Holding B.V. for a total consideration of $94 million.Dutch vessel owner Vroon earlier this year completed the implementation of the financial restructuring for the “new” Vroon focusing on specialized fleet of deepsea vessels (livestock carriers, product tankers, and high-heat tankers) and emergency response and rescue vessels (ERRV). As part of the restructuring, the majority ownership of Vroon has transferred to the company lenders…
Reach Subsea Nets North Sea Decom Gig
Oslo-listed subsea services provider Reach Subsea said Wednesday it had won a decommissioning contract in the North Sea. The contract is with an undisclosed client, and represents around 40 project days for execution in Q1 2023. Reach Subsea will use the Olympic Delta vessel for the project. Financial details were not disclosed.Olympic Delta is a subsea vessel equipped for light IMR and survey work for both the oil and gas and renewables sectors.Reach Subsea has an existing cooperation with Olympic Subsea for Olympic Delta, and the parties have agreed to extend the cooperation for the whole of 2023. Currently, the extended cooperation comprises an additional 150 days of firm work for the two ROVs currently mobilized on the vessel.
ExxonMobil Books Maersk Nomad SSV for Operations in Guyana
U.S. oil major ExxonMobil has chartered the Subsea Support Vessel (SSV) Maersk Nomad for a minimum one-year contract, supporting its field development activities offshore Guyana.Maersk Nomad will be operating with two ROVs onboard, providing general and subsea support scopes for ExxonMobil’s six ultra-deepwater drillships currently operating offshore Guyana in the Stabroek Block. The first charter is expected to start in mid-November 2022, out of Georgetown, Guyana.ExxonMobil…
VIDEO: AD Ports' SAFEEN Buys Subsea Service Vessel
AD Ports Group's subsidiary SAFEEN has acquired a support vessel to boost the company's subsea service capabilities.Built in 2014, the vessel, previously known as the Nordic Prince, will operate under the name ‘SAFEEN Surveyor’ and will undergo an extensive conversion prior to starting operations, including the installation of an integrated dive system to support pipeline repair and maintenance."The vessel has a successful track record in projects in the Middle East, where it has provided a range of support services including subsea inspection…
Rovco Charters VOS Star
ROV services firm Rovco has chartered the VOS Star vessel from owners to support the delivery of its offshore wind farm projects. The 68m long DP2 multi-purpose support vessel will support Rovco’s increasing number of secured offshore wind campaigns throughout 2022, including the provision of hydrographic survey solutions on operational offshore wind farms in UK and Dutch waters.On the vessel, Rovco will mobilize a dedicated and experienced offshore team, to operate its Seaeye Leopard Work Class ROV systems…
Maersk Supply Service Wins Offshore Services Deal with Exxon in Angola
Danish offshore vessel owner Maersk Supply Service said Wednesday it had won a long-term contract with ExxonMobil in Angola.The contract is for the provision of project management, engineering, and marine services in support of the development of offshore drilling and production operations offshore Angola in the Block 15.Maersk Supply Service subsea support vessel Maersk Forza will perform the offshore marine operations, including offshore field maintenance support, deep-water AHC precision lifting, and ROV operations for the installation of subsea and other marine equipment.
Inmarsat, Maersk Supply Service Strike Deal for Fleet Xpress Digital Portfolio
Inmarsat, the mobile satellite communications provider, has extended its Fleet Xpress service agreement with offshore vessel owner Maersk Supply Service. The extension includes fleet-wide IoT-based ship management connectivity on separate, dedicated bandwidths. The extension has also enabled Maersk Supply Service to evaluate new vessel performance tools for selection, available through Inmarsat’s Certified Application Provider (CAP) program.Operating off Europe, the Americas, West Africa…
Maersk Supply Service Nets One-year Vessel Charter Extension in Angola
Danish offshore vessel operator Maersk Supply Service has secured a one-year contract extension for one of its subsea support vessels in Angola.In a social media post on Monday, Maersk Supply Service said it would provide the full scope IRM services for an undisclosed oil major in Angola, supported by one of the company's I-class subsea support vessels.In addition, the contract covers an integrated package of FSV, 2 WROV + Positioning Services as well as project management and engineering services.Osvaldo Sechie, Managing Director, Angola said the contract win gave the company an extended footprint in Angola, a longer-term contract with a valued customer, and ability to continue with the company's local content development plan through its Cadets program.
DOF Subsea Secures Work on Several Offshore Campaigns in Asia Pacific
Norwegian subsea support vessel operator said DOF Subsea said Monday it had won several contracts awards in the Asia Pacific region.According to DOF Subsea, the contracts provide "significant" utilization for resources and vessels in Q3 and Q4 2021 and secure a "solid" backlog into the first half of 2022. "Onshore works are underway for several offshore campaigns that will utilize the CSV Skandi Hercules and the onshore and offshore teams from Q3 2021 into Q1 2022," DOF Subsea…
Horizon Maritime Signs On to Support Titanic Dive
Canadian offshore services company Horizon Maritime has signed on to support a dive mission to explore the wreck of the Titanic.OceanGate Expeditions, the crewed submersible exploration company leading the mission, selected the multipurpose offshore support vessel (OSV) Horizon Arctic to serve as the surface support vessel for the expedition scheduled to take place later this year.The RMS Titanic shipwreck lies approximately 2,500 feet below the ocean's surface, about 370 miles off the coast of Newfoundland, Canada.
Maritime Safety: POB Tracking Will Become Essential Offshore, Says Olympic Subsea
Keeping track of personnel on board (POB) “will be a requirement on all contracts” with offshore energy companies, predicted Tonny Sørdal, vice-president for quality, safety, health and environment of support vessel operator Olympic Subsea ASA.He was speaking just a year after one of its customers first asked for that capability and now, seven of the company’s 10 vessels have been fitted with a system that not only tracks crew and contractors while they are on board, but also as they transfer from the vessel to wind turbines and even within the turbine itself.
OSV Powers Up for Deepwater Efficiency the Island Offshore Way
While facing the same challenging market conditions as offshore vessel owners and service companies worldwide, Norway’s Island Offshore recently broke free from the enforced conservatism of the E&P sector, by adding not just a new ship to its fleet, but one that re-writes the rulebook in capabilities, technology and despite its size and power, environmental credentials.Simply put, Island Offshore’s new deep water installation Vessel ‘Island Victory’ is the most powerful multi-purpose offshore vessel ever built…
MOL in Restructuring Excercise
Japanese shipping major Mitsui O.S.K. Lines (MOL) has unveiled a number of new restructuring measures effective April 1, 2020.According to a press release, the marine transportation provider intends to establish three new divisions and integrate its two tanker divisions to achieve synergy.MOL will establish the Offshore Gas Project Division as an organization focused on businesses related to the LNG field in energy value chains (FSRU projects, LNG bunker vessel project, etc.) to accelerate the enhancement of the offshore business, in which the company is concentrating the investment of management resources, as set out in Rolling Plan 2019.The Offshore Project Division shall have specific responsibilities in crude oil fields such as FPSO projects…