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Noble Corporation and Diamond Offshore Enter Merger Creating 41 Rig Units Fleet
Noble Corporation has entered into a definitive agreement to acquire Diamond Offshore, creating a fleet of 41 rigs - including 28 floaters and 13 jack-ups, and a combined backlog of approximately $6.5 billion.Noble will acquire Diamond in a stock plus cash transaction, whereby Diamond shareholders will receive 0.2316 shares of Noble, plus cash consideration of $5.65 per share for each share of Diamond stock…
Esgian Week 23 Report: Semisub Action in Norway, Australia
Esgian provides an update on semisub activities in Norway and Australia in its Week 23 Rig Analytics Market Roundup.Report SummaryContractsTransocean has announced contract fixtures for three harsh environment (HE) semisubmersibles. Together, the fixtures represent approximately $161 million in firm contract backlog.Shelf Drilling has secured a 15-month award for the 357-ft jackup Shelf Drilling Tenacious…
BOEM Advances Offshore Wind in Central Atlantic
The US Bureau of Ocean Energy Management (BOEM) has announced the availability of its final Environmental Assessment (EA), which considers possible impacts from issuing leases for potential offshore wind development off the Delaware, Maryland, and Virginia coasts, including site assessment and site characterization activities such as geophysical, geological, and archaeological surveys.The EA concluded…
New Zealand to Introduce Bill to Reverse Oil and Gas Exploration Ban
New Zealand's government said on Sunday it would introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil and gas sector.The bill would end the ban, in place since 2018, on exploration outside onshore Taranaki, an energy-rich region on New Zealand's North Island, Resources Minister Shane Jones said in a statement.The bill will be introduced to parliament before the end of 2024, he said."As well as removing the ban, we are pr
CTS-VMS Partnership Targets Maritime Industry Decarbonization
CTS Offshore and Marine (CTS) and Varuna Marine Services (VMS) have entered strategic partnership to offer vessel owners and operators an informed pathway for carbon emission management.By combining their respective strengths, the two companies will provide a comprehensive suite of services to help the maritime industry navigate the complexities of decarbonization and comply with evolving regulations…
Jumbo Offshore Completes Monopile Removal Job in Taiwan
Dutch heavy lift shipping and offshore transport and installation contractor Jumbo Offshore has completed the removal of two monopiles on the Yunlin offshore wind farm in Taiwan.The Jumbo Offshore crew carried out the work by deploying its DP2 heavy lift crane vessel Fairplayer from Europe to support the onsite operations.Jumbo Offshore was awarded the contract by Yunneng Wind Power (YWPC) earlier…
BOEM Clears Way for Central Atlantic Offshore Wind Leases
The Bureau of Ocean Energy Management (BOEM) issued on Thursday its final environmental analysis that found "no significant impacts" from leasing Central Atlantic coastal areas for potential offshore wind development off the Delaware, Maryland, and Virginia coasts.“BOEM is proud to continue to support the clean energy transition in a responsible manner in the Central Atlantic region,” said BOEM Director Elizabeth Klein.“We will continue to work closely with Tribes…
US Marine Economy Continues Growth Trend -Report
Sales and jobs in the United States' marine industry are on the rise, according to the most recent statistics from the annual Marine Economy Satellite Account (MESA) released by two Department of Commerce agencies — NOAA and the Bureau of Economic Analysis (BEA).In 2022, the American marine economy contributed a total of $476 billion in economic impact, making up nearly 2% of the nation’s gross domestic product (GDP).
Malaysia Evicts 500 'Sea Nomads'
More than 500 people from seafaring communities around the coast of Malaysia's Sabah state have been evicted from their homes this week as part of a crackdown against undocumented migrants, local activists said.The Bajau Laut are a community of mostly stateless sea nomads, living offshore in wooden houseboats or huts built on stilts in the Semporna district of Sabah on Borneo island.Born without identification documents…
HD Hyundai Mipo Gets ABS’ Nod of Approval for Ammonia-Powered Tanker
American Bureau of Shipping (ABS) has issued an approval in principle (AiP) for a 50K DWT ammonia-powered tanker design from HD Hyundai Mipo.The vessel will feature an ammonia engine designed by WinGD and manufactured by HD Hyundai Heavy Industries – Engine & Machinery Division (HHI-EMD).Also, it will boast ammonia fuel supply system designed by HD Korea Shipbuilding & Offshore Engineering (KSOE) and…
North Star Eyes 40 Hybrid SOVs by 2040 with New Funding in Its Pockets
North Star has secured debt investment of up to $543 million (£425 million) to fuel the next phase of its European offshore wind expansion, setting the target to add 40 hybrid service operation vessels (SOVs) to its fleet by 2040.The committed financial package of $287 million (£225 million) includes term facilities from existing lender, IFM Investors, and committed capex and working capital resources from banks including ABN AMRO (sustainability co-ordinator)…
Boluda Towage Acquires Les Abeilles
Maritime services company Boluda Towage on Wednesday announced it has acquired France-based Les Abeilles International.Les Abeilles provides maritime rescue response services, with coverage along the French and Northern European coasts. Boluda Towage said the acquisition will enhance its capacity to act in case of offshore spills, with highly qualified equipment and state-of-the-art technology. Boluda Towage will also emerge as a new player in the wind energy markets…
MDL Invests $9M to Expand Its Flexlay Asset Range
Back-deck engineering specialist Maritime Developments (MDL) has committed $9 million (£7 million) of capital investment to expand its flexlay asset range.The investment covers six new pieces of modular equipment in MDL’s portfolio, including high-capacity tensioners and reel drive systems, as well as the most recent innovation - Wheeled Horizontal Lay System (WHLS).The Wheeled Horizontal Lay System…
KR and HD Hyundai to Pilot Cloud-Based Smart Ship Solution
KR has signed an MoU with HD Hyundai to collaborate on the pilot project of a cloud-based next-generation smart ship solution (ISS 2.0) developed by HD Hyundai. The MoU was signed at Posidonia 2024.The project, jointly undertaken by HD Hyundai Heavy Industries (HD HHI), HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Marine Solution (HD HMS), Sinokor Merchant Marine, and KR, aims to equip and demonstrate smart ship solutions on vessels.
New York Finalizes Offshore Wind Contracts for Equinor, Orsted Projects
The New York State Energy Research and Development Authority (NYSERDA) said on Tuesday it had finalized contracts for Equinor's Empire Wind 1 and Orsted's and Eversource's Sunrise Wind offshore wind projects.NYSERDA in February awarded conditional contracts to buy electricity from two proposed offshore wind projects under a program meant to support the embattled industry and keep the state's ambitious…
Brandon Foy Joins BHGI
Bristol Harbor Group, Inc. (BHGI) has welcomed Brandon Foy, P.E. as a naval architect to its naval architecture and marine engineering firm.Foy holds a Master’s degree in Naval Architecture and Marine Engineering from the University of Michigan and a Bachelor’s degree in Naval Architecture and Marine Engineering from the Coast Guard Academy. Brandon is also a registered Professional Engineer in the District of Columbia.Before joining BHGI, Foy was an Officer in the U.S.
DEME's New Fallpipe Vessel Named Yellowstone
DEME's new fallpipe vessel—the world's largest—was officially named Yellowstone by Her Royal Highness Princess Astrid, Princess of Belgium, during a ceremony in Zeebrugge on Tuesday.Originally a bulk carrier, the ship was converted at Pax Ocean Shipyards in Singapore for rock placement work in the offshore energy industry. The DP2 vessel has a payload capacity of 37,000 tonnes and features a central vertical fallpipe that is capable of operating in water depths of 600-700 meters…
Dutch Subsea Services Newcomer Acquires First Vessel
FreeStar Subsea Services, a Netherlands-based company established by the merger of Vriezoo ROV Services and Mark Offshore, has acquired its first vessel and started operations.The company offers remotely operated vehicle (ROV) and survey support services with its own vessel, the SSV Navicula Star, which was recently acquired the Royal Netherlands Institute for Sea Research (NIOZ).While most mid-sized subsea companies specialize in either vessel or ROV services…
Strategic Marine Delivers Two Offshore Wind CTVs to Mainprize Offshore
Singaporean shipbuilder Strategic Marine has delivered two offshore wind Crew Transfer Vessels (CTVs) to UK-based Mainprize Offshore.The two 27-meter vessels are part of the UK-based CTV owner and operator’s ongoing fleet expansion and will add to its current fleet of 11 vessels.Scheduled for operations in European waters from July 2024 onwards, both vessels will be carrying out crew transfers in Europe.The…
DOF’s Pipelay Support Vessel Hooks Petrobras Job
Norwegian offshore vessel operator DOF Group has secured a ‘major contract’ from Petrobras for its pipelay support vessel (PLSV) Skandi Vitória.DOF secured a three-year firm contract, plus option, for its PLSV Skandi Vitória as part of an ongoing tender process.The contract starts in 2025, according to DOF.The vessel is Brazilian-built and flagged and owned by DOFCON Navegação, a joint venture between DOF Subsea (50%) and TechnipFMC (50%).kandi Vitória is an ROV construction support vessel…
Webinar: Offshore Wind: North American Opportunities and Challenges
Women Offshore & a Vibrant Maritime & Offshore Workforce
“The Money Maker”: 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
LR Helps Offshore Operators Navigate Tough Technical Hurdles
