Offshore News

  • Vard books cable layer order

    Denmark’s NCT Offshore has awarded Fincantieri’s Norwegian-headquartered Vard subsidiary a contract for a 95 meter long subsea cable laying vessel with a cable carousel capacity of 4,500 tonnes. The vessel is an upgraded version of the VARD 9 01 design and has been designed by Vard Design in Ålesund, Norway,…

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  • NASSCO and Navantia in offshore wind MOU

    GD NASSCO is eyeing its opportunities in the offshore wind sector. It has signed a Memorandum of Understanding with the Navantia Seanenergies division of Spanish state-owned shipbuilder Navantia that will see the two companies explore combining NASSCO’s manufacturing capabilities and Navantia’s offshore wind experience. In an announcement that thus far is…

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  • NOIA condemns continuing offshore oil and gas leasing program delays

    The National Ocean Industries Association (NOIA) is slamming foot dragging by the U.S. Department of the Interior in developing the next federal offshore oil and gas leasing program. The leasing program is amid a lengthy and unprecedented delay after the previous program expired on July 1, 2022, with no replacement…

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  • HST Marine selects BMT design for four hybrid CTVs

    Purus Marine’s Swansea, U.K. based offshore wind service subsidiary HST Marine has selected BMT’s StratCat 27 design for four hybrid crew transfer vessels it has ordered from Singapore shipbuilder Strategic Marine. Set for delivery in the first half of 2023, they will be the first parallel hybrid propulsion CTVs to be…

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  • Edda Wind orders CSOV quartet at Vard

    Haugesund, Norway, headquartered Edda Wind ASA has agreed for contracts four newbuild commissioning service vessels) with Fincantieri’s Norwegian-based subsidiary Vard. The price is EUR 63 million (about $67 million) per ship, exclusive of owner-furnished equipment and building supervision costs and will be paid on a basis of five 20% installments. Deliveries of…

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  • Tidewater CEO: Offshore services recovery is here

    “As we look forward into 2023, we are confident that not only is the recovery here, but that the demand for offshore vessels will continue to strengthen throughout this year,” said Quintin Kneen, president and CEO of Houston-headquartered offshore services giant Tidewater (NYSE: TDW). “The renewed global focus on securing reliable sources…

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  • HOS to acquire six OSVs from Chouest affiliate

    Hornbeck Offshore Services Inc. (HOS) reports that it has entered into a definitive vessel purchase agreement with Nautical Solutions LLC, an affiliate of Edison Chouest Offshore, to acquire a total of six high-spec new generation offshore supply vessels (OSVs) for an undisclosed amount of cash. All of the vessels are U.S…

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  • BOEM sets date for GoM oil and gas lease sale

    As required by the Inflation Reduction Act of 2022 (IRA), the Bureau of Ocean Energy Management (BOEM) will hold an oil and gas lease sale in the Gulf of Mexico on March 29, 2023. The legislation, which overturned an earlier administration decision on O&G lease sales, mandated that BOEM hold the sale…

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  • Interior proposes first-ever GoM offshore wind lease sale

    Following up on an announcement made back in October last year, the U.S. Department of the Interior today issued a notice proposing the first-ever U.S. Gulf of Mexico offshore wind lease sale. The proposed sale is part of the leasing path announced by Secretary of the Interior Deb Haaland in 2021 to…

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  • VIDEO: Ulstein completes SOV to CSOV conversion

    Bernhard Schulte Shipmanagement (BSM) and the Ulstein Verft shipyard in Norway have just completed an SOV to CSOV conversion that could answer some questions for those of us who are still hazy about what differentiates an offshore wind CSOV (commissioning service operation vessel) from an SOV (service operation vessel). Last…

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