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Columbia Group Announces C-Level Appointments
Columbia Group has announced a series of senior leadership appointments to its executive team as part of its continued transformation into an integrated global maritime services platform.The move sees Demetris Chrysostomou appointed as CEO Asia Region, Norman Schmiedl as CEO of Columbia Blue and Simona Toma as Chief of Maritime HR.The appointments follow Columbia Groupās continued expansion with growth in new areasā¦
Equinor Might Cancel New York Offshore Wind Project Over Trump Stop-Work Order
The developer of a major U.S. offshore wind project warned that it will cancel the Empire Wind facility off the coast of New York if it cannot reach a resolution over a stop-work order issued by the Trump administration in the coming days.Molly Morris, president of the U.S. renewable energy arm of Norway's Equinor, said the company was spending $50 million a week to keep the project afloat."The situation is now unsustainable," Morris said in an interview.(Reuters)
Sanctions Buster: Traders Rebrand Venezuelan Oil for China as 'Brazilian' - sources
Traders have rebranded more than $1 billion of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, company documents and four traders, helping buyers to cut logistics costs and circumvent U.S. sanctions.Independent refiners in China are the main buyers of seaborne oil shipments from countries sanctioned by the United States, with offshore Malaysia serving as a key trans-shipment hub for Venezuelan and Iranian crude.Since July 2024ā¦
Fincantieri: Strong Growth in Q1 2025
Fincantieri has shared its interim financial results for the first quarter of 2025, showcasing growth across all business segments and achieving its best ever quarter in terms of new orders.Key highlights from the report include:Below are the key highlights from the report:Revenues totalled ā¬2,376 million, up 35% compared to Q1 2024 (ā¬1,767 million).EBITDA: ā¬154 million, a 54% increase from Q1 2024 (ā¬100 million)ā¦
Bardex Technical Sales Engineer Selected for 2025 OTC Class of Emerging Leaders
Bardex Corp. is pleased to announce that the Offshore Technology Conference has awarded Daniel Toerner a spot in its 2025 Emerging Leaders class. Each year, the OTC recognizes up-and-coming professionals whose work in the energy industry demonstrates the kind of talent and commitment that puts them on a course toward being future leaders in the offshore energy sector. Each recipient of the award, who has been in the industry for fewer than 10 yearsā¦
US Firm Debuts 20K Intervention Solution at Gulf of America Deepwater Field
Texas-based subsea oil and gas equipment supplier Trendsetter Engineering has marked the first deployment of its Trident 20,000 psi (20K) intervention system at Beacon Offshoreās Shenandoah project in the Gulf of America.The Trident 20K intervention system was deployed from Transoceanās Deepwater Atlas drillship for a two-well flowback operation at the deepwater Shenandoah project.Trendsetter wet-hopped the Trident 20K system between wellsā¦
ESVAGT, KMC Line to Launch Offshore Wind JV in South Korea
Danish vessel owner ESVAGT and South Korean shipping firm KMC Line have signed an agreement to establish a new joint venture KESTO, dedicated to the growing South Korean offshore wind market.Through a joint venture partnership with KMC Line, ESVAGT will deploy its expertise in the growing South Korean offshore wind market, where current plans include as much as 18.3 GW offshore wind to be established by 2030.
CTV Converted to Biomethanol Power
Northern Offshore Services (N-O-S), a subsidiary of Northern Offshore Group (NOG), an NYK Group company that operates crew transfer vessels in the global offshore wind industry, has upgraded a crew transfer vessel (CTV) to run on biomethanol.Designed and developed by N-O-S, the vessel has been named Transporter. It is a conversion of a smaller A-class CTV to install a methanol engine.N-O-S plans to use only biomethanol as fuelā¦
Silverback Marine Contracted to Build First PETESTEP Law Enforcement Vessel
Silverback Marine has announced its partnership with Sweden-based company PETESTEP to develop a high-performance law enforcement boat for the New Mexico State Parks Rangers.The patented PETESTEP technology differs from the SPRAYWATER shape and traditional stepped hulls. The technology utilizes angled deflectors as opposed to steps, which take advantage of the spray energy generated by the hull when underway.
ABS Publishes Industry-First Guide for Modifying Tank Entry Surveys
In an industry first, ABS has published guidance to enable internal examination of tanks beyond the typical five-year requirements to once every 10 years with options to have additional expanded survey intervals.The new guidance has the potential to maximize operational uptime for site-dependent assets such as floating storage and regasification units (FSRUs), floating production and storage and offloading vessels (FPSOs)ā¦
Newbuild USV Challenger Getting Ready for Remote-Controlled Subsea Work
Ocean services provider DeepOcean, with its joint venture partners Solstad Offshore and Østensjø Rederi, has taken delivery of a newbuild uncrewed surface vessel (USV), which will be used for subsea survey, inspection, maintenance and repair (IMR) work across offshore energy industries.The vessel - named USV Challenger - will shortly arrive at DeepOceanās subsea base at Killingøy in Norway, where itā¦
Salvage to Begin in Italy for Mike Lynch's Yacht After Fatal Sinking
The recovery of British tech tycoon Mike Lynch's superyacht from the waters of northern Sicily is expected to begin in the coming weeks to help shed light on how a supposedly unsinkable vessel disappeared into the sea last August.The 56-metre-long (184-foot) Bayesian, with its majestic single 72-metre mast, was moored off the small port of Porticello when it was likely hit by a downburst, a very strong downward windā¦
Uruguay's Ancap to Launch Bidding for Natural Hydrogen Exploration by Year-End
Uruguay's state-run energy firm Ancap plans to launch a bidding round for natural hydrogen exploration and development by the end of the year, with offers expected in 2026, executives said on Wednesday.Ancap is also exploring a bidding round for carbon capture investment, to be launched potentially in 2027, the firm's representatives said at a conference in Houston.Uruguay is considered a promising region by geologists for natural hydrogen exploration due to the significant presence of the eleme
North Star Takes Delivery of its First CSOV (Video)
North Star has officially named its first commissioning service operation vessel (CSOV), the Grampian Kestrel.The vessel was named at a ceremony at VARDās shipyard in Vard Langsten in Norway on May 6.The Grampian Kestrel is the first of two CSOVs to be delivered this year, as part of the firmās drive to support its growing portfolio of offshore wind clients with cutting-edge tonnage and exceptional service.The new vesselā¦
Glamox Unveils Wildlife-Friendly Marine Lights
Lighting solutions specialist Glamox has launched new wildlife and turtle-friendly versions of some of its most popular LED marine luminaires.The new amber-coloured lights, for use on the exterior of vessels and onshore coastal facilities, are designed to limit the impact of lighting on nesting turtles and their hatchlings.Growing environmental awareness and guidance from authorities have seen the emergence of a market for amber turtle-friendly lighting, particularly in Asia and Australasia.
EMGS Diversifies Business with Siem Day Subsea Construction Vessel Buy
Norwegian geophysical services company Electromagnetic Geoservices (EMGS) has established a new business platform within the offshore subsea construction market, having entered into a set of agreements for the acquisition of Siem Day offshore subsea construction vessel (OSCV).A newly formed subsidiary of EMGS will acquire the OSCV Siem Day from the seller Siem Day II, which is a wholly-owned subsidiary of Siem Offshore.The acquisition represents a strategic diversification for EMGSā¦
DOF Develops Cable Repair Spread for Offshore Wind Services
Offshore services provider DOF has announced an investment in a modular cable repair spread designed to expedite offshore wind operatorsā response to cable faults.Engineered for compatibility across DOFās fleet of 65 vessels, the system offers an industry-first combination of fleet-wide flexibility, road transportability, and rapid deployment capabilities.Developed in collaboration with engineering specialistsā¦
ABS Approves New Floating Offshore Wind Turbine Design
ABS has awarded approval in principle to Seatrium Marine & Deepwater Technology for its new design of a floating wind semi-submersible floating column foundation for 15MW wind turbines.Seatrium highlights that the design is optimized for efficient fabrication and cost-effectiveness while being capable of handling the harshest environments. The new design concept features pontoons on three sides andā¦
Exxon Consortium Produced 668,000 bpd in Guyanese Oil Last Week
A consortium led by Exxon Mobil that controls all oil and gas output in Guyana produced 668,000 barrels per day (bpd) of oil last week, the U.S. company's head for the South American country, Alistair Routledge, said during a conference on Tuesday.The group is working to install its fourth floating output facility after receiving it in Guyana's waters in February. In March, the companies produced 627ā¦
Beacon Offshore Energy Expects First Oil From Shenandoah System in June
U.S. offshore producer Beacon Offshore Energy expects first oil from its Shenandoah floating production system in June, a company executive said on Tuesday.The floating production unit, which is expected to produce 120,000 barrels of oil per day (bpd), was in the final stage of being hooked up and commissioned, Michael Clarke, Beacon's vice president of deepwater developments, said at a conferenceā¦
Webinar: Offshore Wind: North American Opportunities and Challenges
Women Offshore & a Vibrant Maritime & Offshore Workforce
āThe Money Makerā: MacGregor Gangway Solutions for Offshore Wind
A Maritime Life: Anu Peippo, Offshore Segment Director, Steerprop
Video: Jumbo Completes Offshore Wind Farm Project
The Hurting Offshore Energy Sector Faces a New Competitor
Engineering to Help Aquaculture Move Offshore
Gulf Marine Contractors is Bullish on the Future of U.S. Offshore Wind
BSEE Gears Up for Offshore Wind Oversight