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Samsung Heavy Industries Gets $1.5B FLNG Order

Jan 05, 2024

Samsung Heavy Industries (SHI) has secured an engineering, procurement and construction (EPC) contract for a new floating LNG production unit worth $1.5 billion.SHI formed a consortium with Black & Veatch for the delivery of the new FLNG unit…

DOF Secures $60M Contract for Work on Gas Field Offshore Philippines

Jan 02, 2024

Prime Energy has extended the contract for DOF’s multipurpose supply vessel (MPSV) Skandi Hawk for work on the Malampaya gas field offshore Philippines.The contract has been extended to the end of 2027, according to Norwegian vessel owner DOF…

MOL Gets ClassNK Blessing for Ammonia FSRU Design

Dec 22, 2023

Mitsui O.S.K. Lines (MOL) has been awarded an approval in principle (AiP) by ClassNK for a design of Floating Storage and Regasification Unit (FSRU) for ammonia.The ammonia FSRU has been jointly developed by MOL and MHI Group’s Mitsubishi Shipbuilding…

Will 2024 be the Year of AHTS Recovery?

Dec 21, 2023

As 2023 is drawing to a close we would once again invite the readers of Offshore Engineer Magazine to gaze into our crystal ball to see what 2024 might have in store for the offshore support vessel industry. Before diving straight into our forward-looking sentiments however…

DOF Set to Bring in $30M From Two New Projects

Dec 19, 2023

Norwegian offshore vessel operator DOF Group has secured two new projects – one in the North Sea and the other in Asia Pacific region – whose combined revenue is expected to bring in $30 million to the company. The first contract for DOF covers engineering…

China to Conduct Sea Trials for Its First Ultra-deepwater Drilling Ship

Dec 18, 2023

China will on Friday conduct sea trials for its first ocean research drilling vessel, capable of drilling at depths of more than 10,000 meters (32,800 feet), a key step towards beefing up the country's deep-sea oil and gas exploration capabilities…

FPSO Atlanta Prepped to Join Yinson Fleet in '24

Dec 13, 2023

Yinson Production officially named its latest addition to the fleet, FPSO Atlanta, during a naming ceremony held at Dubai Drydocks World on December 13, 2023.FPSO Atlanta has a production capacity of 50,000 BOPD and a maximum storage capacity of 1…

Transocean Inks $251m Semisub Contract

Dec 12, 2023

Offshore drilling contractor Transocean on Tuesday announced its harsh environment semisubmersible drilling rig Transocean Barents has secured a contract from Romanian integrated oil company OMV Petrom in the Romanian Black Sea.Expected to commence in the first quarter of 2025…

Vard inks Deal on $200m Hybrid Cable Layer

Dec 11, 2023

Vard, the Norwegian subsidiary of the Fincantieri Group, signed a contract for $200m to design and build a customized hybrid cable-laying vessel for Japan's Toyo Construction.The hybrid cable vessel will have a design specifically developed…

Damen Wins Order to Build Vessel for Taiwan Offshore Wind Market

Nov 24, 2023

Japan-based Mitsui O.S.K. Lines, (MOL)  and Taiwan-based Ta Tong Marine Co. have through their joint venture Ta San Shang Marine Co. Ltd. (TSSM), signed a deal with the Dutch shipbuilder Damen Shipyards for the construction of a new service operation vessel (SOV)…

Offshore Wind: Marco Polo Marine, Vestas Pen Deal for Newbuild CSOV

Nov 22, 2023

SGX-listed Marco Polo Marine has signed a framework agreement with wind turbine maker Vestas, which finalizes the previous Memorandum of Understanding signed in December 2022 between its Taiwan-based subsidiary, PKR Offshore Co., Ltd and Vestas Taiwan Co…

MMA Offshore Expands Fleet with 2016-Built Vessel "Offshore Solution"

Nov 09, 2023

Australian offshore vessel operator MMA Offshore has acquired the vessel “Offshore Solution” to supplement its multi-purpose support vessel fleet. The Offshore Solution is a 2016 European-built, 54-meter, DP-2 multi-purpose support vessel fitted with two deck cranes…

ABS Approves New FPSO Newbuild Hull Design Concept

Nov 08, 2023

Classification society ABS announced it has granted approval in principle (AIP) for a the Sterling Streamline, a next generation concept design for large floating production storage and offloading unit (FPSO) newbuild hulls from India's Shapoorji Pallonji Energy (SPE)…

Viking Supply Ships Takes Delivery of Andreas Viking AHTS

Nov 03, 2023

Swedish offshore vessel owner Viking Supply Ships has taken delivery of the Andreas Viking AHTS, previously known as the Far Senator.In March 2023, Viking Supply Ships said it would take two Ocean Yield-owned AHTS vessels, Far Senator and Normand Statesman…

Solstad Offshore Sells Laid Up AHTS Vessel

Nov 01, 2023

Solstad Offshore's subsidiary, Solstad Rederi, has sold the Anchor Handling Tug Supply (AHTS) vessel Nor Spring.The 2008-built, 70-meter-long AHTS vessel has been in layup in Asia since 2020. 'Delivery of the vessel to the new owner took place today…

Current News

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Timor-Leste: Chuditch-2 Well to be Drilled at New Location Following Site Surveys

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

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ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field

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BP Starts Oil Production at Major New Platform Offshore Azerbaijan

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Valeura Makes Three New Oil Discoveries in Gulf of Thailand

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