SouthCoast Wind gets final BOEM nod

The Bureau of Ocean Energy Management (BOEM) today announced its approval of the Construction and Operations Plan for the SouthCoast Wind Project.  This is the final approval needed for the project from BOEM following the Department of the Interior’s December 2024 Record of Decision.   “We are proud to announce BOEM’s final approval of the... Continue Reading →

Petrobras signs contracts for the construction and chartering of 12 support vessels

Petrobras has signed contracts worth R$16.5 billion for the construction and chartering of 12 Platform Supply Vessels (PSV). Of the total value of the contracts, R$5.2 billion are earmarked for investments in shipbuilding in Brazil. These vessels will be essential for the company's Exploration and Production logistics operations until 2028. The contracts, signed with the... Continue Reading →

Hanwha finalizes acquisition of Dyna-Mac

(offshore-energy.biz) South Korea’s shipbuilder Hanwha Ocean has closed its acquisition of Singapore-based offshore builder Dyna-Mac, which specializes in manufacturing marine plant topside structures for floating production, storage, and offloading (FPSO) and floating liquefied natural gas (FLNG) units. The deal was closed on November 20, 2024, when Hanwha Ocean agreed to acquire approximately 95.15% of the total issued... Continue Reading →

Strike steel ceremony held for ‘largest FPSO in Petrobras’ history’

(offshore-energy.biz) A steel-cutting ceremony has been held for one of the two floating storage, production, and offloading (FPSO) units Singapore-headquartered Seatrium is building for Brazil’s state-owned giant Petrobras. The start of construction on FPSO P-84, described as the “largest FPSO in Petrobras’ history,” was marked with a ceremony held on November 15 at the CIMC Raffles Offshore’s Yantai shipyard in China.... Continue Reading →

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