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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) TMC Compressors (TMC) has secured orders for complete marine compressed air systems for 12 liquefied natural gas (LNG) vessel newbuilds and one floating production storage and offloading (FPSO) unit. As part of the first order, Hanwha Ocean picked TMC to deliver the marine compressed air system to 12 LNG vessels the South Korean shipbuilder... Continue Reading →
(OE) Subsea Integration Alliance, a partnership between Subsea7 and SLB OneSubsea, has secured engineering, procurement, construction, and installation (EPCI) contract by BP for the Ginger project offshore Trinidad and Tobago. For the Ginger EPCI project, Subsea7 will supply a diver-installed tie-in system, a flexible production flowline, and associated infrastructure. SLB OneSubsea will deliver four standardised... Continue Reading →
(OE) Tidal Action ultra-deepwater drillship has embarked on a voyage from South Korea to Brazil to start its maiden job at Petrobras’ Roncador field. The drillship has been officially handed over by its owner Hanwha Ocean to its subsidiary Hanwha Drilling, established in 2024 as its drillship fleet operator. Tidal Action, built on Hanwha Ocean’s... Continue Reading →
(OE) French tubular solutions supplier Vallourec has secured a contract with Allseas to supply line pipes for Búzios 10 offshore project located at the Búzios field, operated by Petrobras. The contract represents nearly 18,000 tons of subsea seamless premium carbon steel line pipes, for the risers and flowlines. It also includes an optional scope of... Continue Reading →
(OE) The seventh generation Atlantic Zonda drillship, managed by Ventura Offshore Midco, has started operations for Petrobras under a three-year drilling contract. The Atlantic Zonda is managed by Ventura Offshore through marketing and operating agreements with the rig owner, Eldorado Drilling, and the company will earn its management fees and reimbursable revenues from these agreements.... Continue Reading →
(offshore-energy.biz) UK provider of remotely deployed subsea inspections, TSC Subsea, has secured a multi-year contract in Brazil for subsea phased array (SPA) inspection of circumferential welds on rigid subsea pipelines, covering both flowline and riser sections at depths of up to 3,000 meters. According to TSC Subsea, the contract, which will run from 2025 to... Continue Reading →
(OE) Mitsubishi Heavy Industries (MHI) and Single Buoy Moorings, the subsidiary of SBM Offshore, have agreed to conduct a study for the application of CO2 capture modules on future floating production storage and offloading vessels (FPSOs) for Petrobras. This study will be conducted toward typical implementation of CO2 capture solutions for FPSOs. The module design... Continue Reading →
(OE) Trelleborg Marine and Infrastructure has launched advanced sealing system, IRIS, for Airtight Platforms (ATP), which has the potential to improve offshore wind foundation designs. The new seal eliminates the need for welded steel landing rings traditionally used in monopiles (MPs) and transition pieces (TPs), providing an effective solution to lower Levelized Cost of Energy... Continue Reading →
(OE) Equinor has established a new business area, combining renewables with its gas-to-power and energy storage units as it aims to capitalize of rising power demand. The announcement comes in response of growing power demand from electrification of society and industry, expansion of artificial intelligence (AI) and data centers, according to Equinor. The new power... Continue Reading →
