Offshore News
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Lebanon, Israel maritime border talks progress to divvying up gas
Negotiating a dividing line would enable Beirut to fully exploit potential offshore oil and gas reserves. After almost a decade of intensive diplomatic efforts, the United States has succeeded in brokering an agreement between Israel and Lebanon to start formal negotiations on demarcating their maritime border. Barring a last-minute change…
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Kotug finalises the acquisition of Seaways International
KOTUG International B.V. (KOTUG) announces the successful closure of the intended acquisition of SEAWAYS INTERNATIONAL (Seaways). As a result, Seaways is now a 100% owned subsidiary of the KOTUG Group of Companies. The acquisition of Seaways brings together the assets, expertise and people of two leading companies that support the…
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Sisi hails ‘fruitful’ cooperation with Eni, encourages continued exploration
Egypt’s President Abdel-Fattah El-Sisi has issued directives for the government to continue its “fruitful cooperation” with Italian energy group Eni, and he expressed appreciation for Egypt’s ongoing partnership with the group. El-Sisi made the remarks in a meeting on Tuesday with CEO of Eni Claudio Descalzi, which was attended by…
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Chinese Yard Orders ABB Propulsion System for Giant Offshore Wind Installation Vessel
China’s Yantai CIMC Raffles Shipyard has ordered an integrated power, automation, and propulsion system from ABB for a newbuild offshore wind installation jack-up vessel (JUV) being built for the Dutch marine contractor Van Oord. The vessel, Boreas, is due for delivery to the owner in the second part of 2024,…
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Davit order for Rem Offshore CSOV gives Vestdavit uplift in offshore wind sector
Vestdavit’s trustworthy docking-head davit technology is gaining traction in the offshore wind market with the award of an initial contract on a construction service operation vessel (CSOV) being built for Rem Offshore at Norwegian shipbuilding group VARD. The coveted order for a PAP-15000 davit with painter boom has been secured…
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SVITZER’S ‘AIM FOR 8’ TUG SPEED INITIATIVE SAVES 1000 TONNES OF CO2
Svitzer, leading global towage operator and part of A.P. Moller-Maersk, has today announced that its Aim for 8 speed initiative – which asks tug crews to navigate at a maximum speed of eight knots during mobilisation and demobilisation – has successfully prevented 1,000 tonnes of CO2 from being emitted into…
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Ulstein awards Corvus Energy delivery of ESS for CSOV newbuilds
Corvus Energy has announced an order from Ulstein Power & Control for the delivery of Energy Storage Systems for two Construction Service Operation Vessels (CSOVs) to be built for Norwegian shipowner Olympic. Olympic is an important player in the maritime cluster on the Northwest coast and is known for having…
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Two new offshore wind farm projects in Sicily and Sardinia
Strong development for Hexicon in Italy – concession applications filed for several floating wind farms Two new applications for state-owned maritime concessions for offshore wind farms have been filed with the competent offices of the respective Port Authorities. Avenhexicon Srl, a joint venture between the Swedish company Hexicon and the…
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