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Instead of waiting for breakthrough technological innovations to deliver low emission vessels, workboat operators have the opportunity to use the latest advances in hull design and alternative propulsion systems, to achieve efficiency gains while tackling pollution problems in ports and other workboat sectors – and helping offshore wind to work towards emissions targets.

Total Company revenue was $3,130.3 million. Net loss was $3,256.1 million, or $7.28 per diluted share. These results included after-tax charges and credits totaling $3,207 million of expense, or $7.17 per diluted share. Adjusted net loss was $49.1 million, or $0.11 per diluted share.

Delmar Systems, Inc. successfully completed the 200th mooring line release using RAR Plus Releasable Mooring System (RMS) during Equinor’s Barents Sea drilling campaign utilizing Odfjell’s Deepsea Atlantic semi-submersible drilling rig. The rig disconnection was performed in less than an hour and half without assistance from an Anchor Handling Tug Supply (AHTS) vessel.

Subsea 7 has been awarded a substantial (1) contract by Vattenfall for the Hollandse Kust Zuid (HKZ) 1-4 offshore wind farm project, located between 18-36km off the Dutch coast in the North Sea. 

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