An expert expressed an opinion that the large-scale offshore vessel investment from Greek shipowners will not lead to the risk of excessive supply within the market. According to Fearnley Offshore Supply, Evangelos Marinakis-..
VARD has recently announced that the company signed another contract with Navigare Capital Partners, in close collaboration with Norwind Offshore, for the design and construction of a tailor-made Commissioning Service Operations Vessel ..
TechnipFMC has been awarded an integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by bp for its greenfield Kaskida development in the Gulf of Mexico. The contract covers the design and manufac..
North Star, a leader in the UK's renewable energy sector, has initiated a major industry partnership to address the unique challenges of floating offshore wind operations. The collaboration includes VARD, MO4, Principle Power, SMST,..
On October 2, Hanwha Ocean announced that it has secured an order for one Floating Storage and Regasification Unit (FSRU) from a shipowner in Asia, with Japan's Mitsui OSK Lines (MOL) emerging as an anonymous Asian shipping company ..
Wood has entered an agreement with Brazilian national oil company Petrobras to deliver concept studies with designs and recommendations aimed at optimising performance and reducing emissions to support a future Floating Production Stora..
Velesto Energy Berhad, through its subsidiary Velesto Drilling Sdn Bhd, has recently signed a memorandum of understanding (MoU) with SLB at the SLB Digital Forum 2024 in Monaco. The three-year collaboration will see SLB deploy its Dr..
Vattenfall has recently announced that it signed a multi-year framework contract with Van Oord for the charter of the jack-up vessel, MPI Resolution. Vattenfall explained that his contract will provide guaranteed availability of the ..
Hanwha Ocean announced on October 2 that it had secured one LNG FSRU(Floating Storage, Regasification Unit) from an Asian shipowner. The value of the contract is KRW 545.4bn. The facility is expected to be delivered on 15, October 20..
McDermott has been awarded an engineering, procurement, construction and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) Offshore Pipelines and Cables Project. This new contract is in addition to the awar..
Month News