News - Offshore Source

Seadrill Receives Contract Extension for Three Rigs Worth $361 Million

Seadrill Limited has been awarded contract extensions for the AOD I, AOD III and West Callisto for work offshore in the Arabian Gulf. ...

INEOS Announces Its Entry into the Global LNG Market

INEOS Energy has signed a Heads-of-Agreement with Sempra Infrastructure for the potential supply of 1.4 million tonnes per annum of LNG from North America for ...

Collaboration to Develop First-of-Its-Kind Hybrid Heavy Transport Vessel for Offshore Wind Farms

Vallianz Holdings Limited (“Vallianz” or the “Company”, and together with its subsidiaries, the “Group”) joined forces with Ulstein Design & Solutions B.V. (“Ulstein”), Shift Clean ...

IMH Cements Decades Long Bosch Rexroth Partnership with New Certification

Hydraulic engineering specialist Industrial and Marine Hydraulics (IMH) has been awarded Certified Excellence Service Partner status by Bosch Rexroth, a leading supplier of drive and ...

Global Offshore Wind Capital Expenditure to More Than Double, Top $100 Billion in 2030

Installations and investments in the global offshore wind industry are set to surge this decade as nations seek to transition to cleaner sources of energy, ...

Wärtsilä and Stena to Build the World’s Largest Hybrid Vessels

Wärtsilä will supply its hybrid propulsion system for three new RoPax vessel currently built for Stena RoRo, Europe´s largest ferry company. ...

Volstad Maritime Orders NES Battery Package for Subsea Construction Vessel

Volstad Maritime has contracted Norwegian Electric Systems AS (NES) to deliver the battery package and associated control system for battery charging to the M/S Volantis ...

Introducing the US Maritime Fleet

To mark the start of Marine Money New York on June 21, VesselsValue’s data is used to produce a breakdown of the US Maritime fleet, ...

Verlume and Oasis Marine Power to Explore New Electric Wind Farm Vessel Charging Concept

Verlume, an intelligent energy management and storage technologies specialist, has signed a memorandum of understanding (MoU) with electric vessel recharging pioneer Oasis Marine Power. ...

Rockabill Marine Design Unveils First Green Crew Transfer Vessel Design

Rockabill Marine Design (RMD), a newly established vessel design house, and part of the CSO Marine Group, has unveiled the company’s first green crew transfer ...

Marlink and Bureau Veritas to Promote Digital Integration and Connectivity for Class Operations

Marlink, the smart network group, and leading classification society Bureau Veritas, have signed an agreement to accelerate the delivery of cyber-secure digital tools and safety ...

ExxonMobil and QatarEnergy to Expand LNG Production with North Field East Agreement

ExxonMobil and QatarEnergy have signed an agreement to further develop Qatar’s North Field East project, which will expand Qatar’s annual LNG capacity from 77 million ...

James Fisher and Graig Launches the Innovative ULSTEIN TWIN X-STERNTM SOV Concept

James Fisher and Sons plc (James Fisher), the global provider of specialist products and services to the energy, marine and defense industries, and Graig Shipping ...

DNV Issues the Latest Edition of Its Standard – Composite Components in Critical Applications, DNV-ST-C501

DNV, an independent energy expert and assurance provider, has issued the latest edition of its standard – Composite components in critical applications, DNV-ST-C501. ...

Craig International Wins Major, Long-Term Contract with INEOS FPS

Aberdeen headquartered, Craig International has secured a major contract with INEOS FPS, potentially valued at over £20million. ...