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(OE) Belgium-based offshore installation services company DEME has completed the acquisition Havfram, an offshore wind installation contractor based in Norway, in a deal valued at approximately $1.02 billion (€900 million). The transaction, first announced in April 2025, has passed all customary closing conditions. DEME Offshore Holding, a wholly-owned subsidiary of DEME Group, has acquired all of... Continue Reading →
(OE) Norwegian offshore vessel operator DOF Group has secured work for two of its subsea vessels offshore Brazil. DOF’s Skandi Achiever diving support vessel has been awarded an offshore service and survey contract in Brazil in support of a SURF project with operations planned to start in early May and covering three campaigns during 2025.... Continue Reading →
(OE) Norwegian offshore vessel operator Solstad Offshore has secured multiple contract awards with Petrobras, subject to board approval, for two large Anchor Handling Tug Supply (AHTS) vessels and one Construction Support Vessel (CSV). The AHTS vessels have been awarded new contracts with a duration of four years each, whereof one of the contracts includes ROV... Continue Reading →
(offshoreWIND.biz) The Norwegian Ministry of Energy has notified the European Free Trade Association’s (EFTA) Surveillance Authority (ESA) of the support model for a floating wind project in the Utsira Nord area and expects to open the tender for the area as soon as ESA has approved the model. The tender will be carried out in... Continue Reading →
(OE) Belgium-based offshore installation services company DEME has signed an agreement to acquire Havfram, an offshore wind installation contract based in Norway, in a deal worth $985.5 million. The strategic acquisition aligns with DEME's ambition to expand its footprint in the offshore wind energy market and enhances its competitive positioning in turbine and foundation installations.... Continue Reading →
(OE) Norwegian seismic firm TGS has secured a shallow-water ocean bottom node (OBN) acquisition contract offshore Trinidad. The 3D baseline contract is scheduled to begin in early third quarter of 2025. The total duration of the survey is approximately 80 days. "Our OBN technology continues to be the preferred choice of the industry and exposes... Continue Reading →
(offshoreWIND.biz) It’s no secret that in 2025, a few stubborn obstacles have slowed the anticipated pace of floating offshore wind development. Some are economic, while others are bureaucratic. But the hurdles only serve to motivate Norwegian wind energy companies, which are tackling industry challenges one innovation at a time with full confidence in floating wind’s... Continue Reading →
(Reuters) Norway's Equinor on Thursday weakened its energy transition plan as it struggles to deliver on pledges to invest more in renewable energy and low-carbon technologies, citing practical difficulties and a shift in political priorities. The oil and gas producer in 2022 laid out short- and medium-term steps intended to achieve net zero emissions, including... Continue Reading →
(offshore-energy.biz) Norwegian offshore vessel operator Havila Shipping has secured a contract extension for its subsea vessel Havila Harmony with Brazilian company OceanPact. Founded in 2007 in Rio de Janeiro, OceanPact offers services for the study, protection, monitoring and sustainable use of the sea, the coast and marine resources for different sectors, such as oil &... Continue Reading →
(OE) Constellation, an offshore oil and gas drilling services provider in Brazil, has started trading on Euronext Growth Oslo, under the ticker symbol ‘COSH’. Constellation holds about one fifth of Brazil’s country’s offshore drilling market. Constellation, with 1,800 employees and a 45-year track record, holds about one fifth of Brazil’s offshore drilling market, the company... Continue Reading →
Brazil Energy Insight 