(OE) Norwegian offshore vessel operator Solstad Offshore has officially exited the platform supply vessel business. Namely, the company on Wednesday completed the sale of its PSV fleet to the U.S. offshore vessel firm Tidewater for approximately $580 million. The transaction, first announced in March, was completed Wednesday, with all 37 platform supply vessels, primarily used for... Continue Reading →
HLP’s Jacket Loading Approach Promises up to 60% Reduction in Offshore Wind Farm Logistics Costs
(OE) Adopting a new approach to marshaling and load-out of wind farm jackets could cut logistics costs for project developers by as much as 60%, according to Heavy Lift Projects (HLP). HLP is an offshore wind farm logistics firm set up in 2021 to "to bring a fresh approach to offshore wind farm logistics at a... Continue Reading →
PGS Secures ‘Large’ Offshore Wind Farm Characterization Contract in the U.S.
(OE) Norwegian offshore survey services firm PGS said Monday it had won a "large" offshore wind farm site characterization contract in the U.S. from a "leading renewable energy company." PGS will use the Sanco Swift vessel which is rigged as an offshore wind site characterization vessel. Mobilization is scheduled for August 2023 and acquisition is... Continue Reading →
Seaway 7 Secures “Very Large” Contract for East Anglia THREE Offshore Wind Farm Installation
(OE) Seaway 7, an offshore wind installation subsidiary of Subsea 7, has secured a "very large" contract with ScottishPower Renewables for the transport and installation of the foundations and inner-array cables for the East Anglia THREE offshore farm in the UK. Subsea7 defines a very large contract as being between USD 500 million and USD... Continue Reading →
Sale of 37 PSVs to Tidewater: Solstad Offshore’s Exit from PSV Sector Imminent
(OE) Norwegian offshore vessel owner Solstad Offshore has revealed the expected completion date for its previously agreed sale of 37 platform supply vessels to the U.S. offshore vessel firm Tidewater. Solstad Offshore in March said it would sell 37 PSVs to Tidewater in a move that will mark Solstad Offshore's exit from the platform supply vessel... Continue Reading →
Wison’s FLNG FEED Design Earns AIP from ABS
Classification society ABS announced it has granted approval In principle (AIP) to Wison Offshore and Marine’s (WOM) Extended FEED on its standardized 3.5 MTPA floating liquefied natural gas (FLNG) design. WOM has said the standardized design reduces CO2 emissions and results in a shortened engineering schedule by about 40%. Jiang Hao, WOM General Manager, FLNG... Continue Reading →
Petrobras extends deadline for proposals for the new FPSO for the Albacora field in the Campos Basin
(PN) Petrobras has again extended the deadline for submitting proposals in the bidding process for contracting the new FPSO in the Albacora field. Now, the companies involved in the process will be able to file their bids until the 15th of September, as stated on the Petronect website. This is the second calendar postponement. As... Continue Reading →
Prysmian’s new cable-laying vessel named after famous painting
Italy’s cabling giant Prysmian has selected the name for its new cable-laying vessel (CLV), said to reflect a strong connection with its sister vessel Leonardo da Vinci. The new 171-meter-long CLV, currently being built by Vard in Romania, will be named Monna Lisa. The name was chosen through an internal survey conducted among all 30,000 employees,... Continue Reading →
Brazilian Enauta FPSO back online
Brazilian oil and gas player Enauta has concluded a scheduled maintenance shutdown for a floating, production, storage, and offloading (FPSO) vessel, which is currently working on a field offshore Brazil. Back in May 2023, Enauta started preventive maintenance at the FPSO Petrojarl I. The production at the Atlanta field was expected to resume in mid-June, with the resumption of production... Continue Reading →
Scotland’s Largest Offshore Wind Farm Stands Complete
The final turbine has been installed at Scotland’s largest offshore wind farm, Seagreen, off the coast of Angus. The work was carried out by Cadeler’s wind farm installation vessel Wind Orca, which replaced its sister vessel Wind Osprey in April 2022. Many of the wind turbines are installed in a water depth of more than 55 metres, while... Continue Reading →