DOF Group Awards North Sea Subsea Decommissioning Contract
DOF Group ASA announced the award of a significant contract with a North Sea operator for a subsea decommissioning campaign.The contract scope includes project management, engineering, offshore execution and disposal services for the removal of subsea infrastructure and seabed clearance across multiple offshore fields. The offshore campaign is scheduled for execution during the first quarter of 2027.DOF will utilize its integrated decommissioning capabilities, combining in-house engineering, project management, marine operations, ROV services, survey and offshore execution.
Lamprell Picks IMI for Offshore Platforms and Jackets Fabrication
Lamprell has signed an agreement with International Maritime Industries (IMI) to fabricate several offshore structures, including a production platform and jackets, at IMI's Ras Al-Khair facility in Saudi Arabia.The fabrication work forms part of an offshore engineering, procurement, construction and installation (EPCI) project being delivered by Lamprell.The agreement marks the first offshore production platform and jacket fabrication scope undertaken at IMI's Ras Al-Khair yard…
DEME Installs Final Monopile at Nordlicht I Offshore Wind Farm
DEME has installed the 68th and final monopile at Vattenfall's 980 MW Nordlicht I offshore wind farm in the German North Sea, completing the project's monopile installation campaign.The milestone follows installation of the first monopile in July and the first transition piece in August. DEME carried out the monopile campaign using its offshore installation vessel Orion.Nordlicht I is located about 85 kilometers north of the German island of Borkum and is set to become Germany's…
Solstad Maritime Secures APAC Drilling Support Work for AHTS Pair
Solstad Maritime has been awarded contracts for two anchor handling tug supply vessels (AHTS) for drilling support work in the Asia-Pacific region.The combined firm value estimated at the upper end of a $10 million and $30 million range, according to the Norwegian vessel owner.The contracts for the Normand Scorpion and Normand Saracen have a combined firm duration of 475 days and are expected to start in the second and third quarters of 2027.The agreements also include a combined 400 days of options beyond the firm periods.Both vessels measure 87.4 meters in length with a 21-meter beam.
Dajin Picks Ulstein Design for Offshore Installation Vessel
Dajin Heavy Industry has selected Ulstein's ULSTEIN HX122 design for an offshore installation vessel capable of installing future 4XL monopiles, expanding the offshore wind foundation supplier's activities into offshore installation.The vessel, designed by Ulstein Design & Solutions in the Netherlands, is intended to install monopiles, jacket foundations and offshore substations. It will also be capable of supporting oil and gas construction and decommissioning work.The project will expand Dajin's capabilities beyond manufacturing…
US Senate Nears Completion of Energy Infrastructure Reform Bill
The US Senate is nearing a deal to reform laws to speed up permitting of large infrastructure projects after the White House compromised on how renewable energy is treated, though a vote is uncertain before the midterm elections, a top Senate Democrat said on Thursday.Senators Sheldon Whitehouse, the top Democrat on the environment committee, and fellow Democrat Martin Heinrich have negotiated permitting legislation with Republican counterparts for months, after the talks had been cut off in December when President Donald Trump halted five near-complete offshore East Coast wind farms.Whitehous
TDI-Brooks Completes Subsea Cable Survey Project Offshore Alaska
TDI-Brooks recently completed a third-party geotechnical project offshore Alaska, supporting a short cable route survey for Woolpert utilizing their Gravity CPT Stinger (gCPT) system. The project consisted of a geophysical and geotechnical survey for a marine cable route in the Valdez Arm.Designed for rapid deployment in remote and challenging environments, the gCPT tool enables efficient in-situ soil characterization without the need for conventional drilling.
Kongsberg Maritime to Provide Technology Suite for Solstad, SBM Offshore Vessel
Kongsberg Maritime has secured a contract to deliver a fully integrated suite of technology and equipment for a new multi-purpose deepwater installation and construction vessel that will be owned and operated by Solstad Offshore and SBM Offshore.The vessel, which will be built in China, represents a new generation of offshore construction assets designed to perform complex installation, subsea construction and heavy-duty offshore operations. With advanced mooring installation and subsea construction capabilities at its core…
81m Acres Opened in Gulf of America Lease Sale
The Trump administration will offer more than 81 million acres (32.8 million hectares) in the Gulf of America to oil and gas drillers as part of an effort to boost domestic energy production with regular offshore lease sales.The sale is the second since the U.S.-Israeli war with Iran disrupted global crude flows and sent oil prices to four-year highs. It is the third of 30 mandated by U.S. President Donald Trump's tax cut and spending law passed in 2025.The Interior Department will offer 15,100 unleased blocks located between 3 and 231 miles (4.8 to 372 km) offshore on the U.S.
Cadeler Acquires Offshore Wind Foundation Specialist
Offshore wind installation contractor and operator Cadeler has acquired Menck, a global provider of specialist equipment and technology solutions for offshore foundation installation based in Germany.The acquisition strengthens Cadeler’s offshore wind installation capabilities. Cadeler intends to continue operating Menck as a standalone business, preserving its independent market position while strengthening its role as a key supply chain provider across the offshore wind industry.Combining…
RWE, Trump Reach $1.22b agreement to Cancel Offshore Wind Leases
German energy company RWE said on Thursday that it had reached a $1.22 billion agreement with the Trump administration to cancel three offshore wind leases in U.S. waters and to direct the funds to LNG and natural gas power plant projects.The arrangement is the fifth, and largest, the administration has entered into this year as part of its wide-ranging effort to stop development of U.S. offshore wind projects, which U.S. President Donald Trump regards as costly and ugly. His…
Huisman to Deliver Equipment for Solstad-SBM Offshore Installation Vessel
Dutch lifting equipment specialist Huisman has secured a contract from CIMC Raffles Offshore to supply lifting and handling systems for a next-generation deepwater offshore installation vessel being built for a joint venture between Solstad Offshore and SBM Offshore.The contract covers an integrated equipment package comprising a 350-tonne A-frame, a 500-tonne knuckle boom crane, a 20-tonne auxiliary crane, and a 2,500-tonne basket for the storage of flexibles, fiber ropes and…
Offshore Safety: Improving Injury Rates May Be Masking Continued Fatalities
Improving injury rates are masking the continued threat of fatal accidents across the offshore marine contracting industry, according to the International Marine Contractors Association (IMCA) after its latest Annual Safety Statistics Report revealed fatalities more than doubled despite overall safety performance improving.The report covers more than 1.02 billion working hours submitted by 167 contractor members. While traditional safety indicators continued to improve during 2025…
Bordelon Marine Delivers Converted Intervention Vessel
Bordelon Marine has completed the conversion and redelivery of the MV Lilly Bordelon, a Stingray Series 260 Class DP-2 Ultra-Light Intervention Vessel (ULIV).Repurposed from an existing platform, the Lilly Bordelon has been transformed into a subsea intervention vessel designed to deliver solutions for offshore operations. The vessel features over 5,500 sq. ft. of clear deck space, a mezzanine deck supporting two work-class ROVs, with an integrated ROV control room.Equipped with a 60-ton active heave-compensated crane with over 3…
Marco Polo, Siemens Gamesa Ink Two-CSOV Framework Agreement
Singapore-listed marine logistics company Marco Polo Marine's offshore wind division, PKR Offshore, has signed a framework agreement with Siemens Gamesa for the deployment and charter of two commissioning service operation vessels (CSOVs) for offshore wind projects in Asia.Under the non-exclusive agreement, PKR Offshore will provide two upcoming CSOVs to support Siemens Gamesa across multiple offshore wind projects in Taiwan. The companies will also work together on deploying…
DOF Group Wins Contract Award in APAC Region
DOF Group ASA announced a large contract award for Subsea Construction and Pre Commissioning Support services in the APAC Region.Skandi Inventor will be deployed for the execution of the offshore operations scheduled to commence in Q4 2026 in North Australian waters.The scope of work includes DOF’s in-house project management and engineering, procurement and logistics support services. The duration of the offshore campaign is estimated to be between 160 and 250 days.
Kongsberg Secures Critical Infrastructure Protection Deal
Kongsberg has signed a contract with an unnamed international customer to deliver technologies for the protection of critical infrastructure.The project will focus primarily on underwater surveillance and protection, according to Kongsberg, which did not disclose the value of the contract.Critical infrastructure includes oil and gas installations, telecommunication cables, energy grids, ports and transportation networks.“Preventing and detecting threats and attacks are essential to protect people and critical infrastructure.
Eldorado-Vantage Merger Signals Continued Offshore Drilling Consolidation
On 29 May 2026, Vantage Drilling International and Eldorado Drilling signed a merger agreement under which Eldorado will acquire Vantage, making it a wholly owned subsidiary. As part of the transaction, Vantage shareholders will receive $19 per share in cash, valuing the company at approximately $257.6 million. The combined entity will continue to operate under the name Vantage Drilling International.Post-transaction, the company’s fleet will comprise four drillships - including…
Dutch Firm Secures $465M Funding for Mexico-Bound FSO
SBM Offshore has secured project financing worth $465 million for the Chalchi floating storage and offloading (FSO) vessel, being built for Woodside Energy's Trion project offshore Mexico.The financing has been provided by a consortium of international banks and institutional investors and includes partial insurance cover from China Export & Credit Insurance Corporation.SBM Offshore said the financing would be drawn during the construction period and would become non-recourse after the vessel starts operations.
Oil Edges Higher as Uncertainty Clouds US-Iran Truce
Oil prices rose on Friday as the prospect of a lasting truce between the U.S. and Iran was clouded after peace talks in Switzerland were called off and as Israel stepped up attacks on Lebanon.By 0645 GMT, Brent crude futures LCOc1 gained 51 cents, or 0.64%, to $80.36 a barrel, and U.S. West Texas Intermediate crude CLc1 rose $1.28, or 1.7%, to $77.88 a barrel, with the front-month July contract expiring on Monday. Both contracts were headed for a weekly loss of about 8%.The more actively traded WTI August contract CLc2 was up 59 cents at $76.44 a barrel.Switzerland said U.S.
ABS Fortifies Digital, Remote Support for Offshore Energy
The digitalization trend in offshore energy operations is hardly news, but the speed of technology evolution, driven by artificial intelligence with the companion threat of cyber breaches offers as many questions as answers, as many challenges as opportunities. To help put things in perspective Offshore Engineer TV interviewed Matt Tremblay, SVP, Global Offshore Markets, American Bureau of Shipping (ABS) recently in Houston to discuss the investments in effort and capital this…
Northern Lights Expands LCO2 Fleet with Vessel Charter for MISC, K Line
Northern Lights JV has awarded a consortium comprising Kawasaki Kisen Kaisha (“K" LINE) and Malaysia's MISC Berhad a time charter contract for a newly built 12,000 cubic meter liquefied CO2 (LCO2) carrier, supporting the expansion of Europe's carbon capture and storage (CCS) infrastructure.The award follows Northern Lights' January 2026 announcement of four additional CO2 carriers to support planned capacity expansion. The latest contract marks the second vessel awarded to the “K” LINE-MISC consortium.The vessel will be constructed by Dalian Shipbuilding Offshore.
Oil Jumps Over 3% After US-Iran Exchange Attacks
Oil prices rose more than 3% on Monday after Iran and the U.S. traded strikes and Israel ordered troops to move further into Lebanon in its battle with Tehran-backed Hezbollah.U.S. crude futures CLc1 rose $2.88 or 3.3% to $90.24 a barrel as of 0701 GMT. Brent LCOc1 futures rose $2.78 or 3.05% to $93.9 a barrel.The fighting, after Washington hosted Israel-Lebanon peace talks on Friday, dimmed hopes that the U.S. and Iran could soon announce an extension to their ceasefire, which had driven Brent and WTI to settle down 1.8% and 1.7%, respectively, on Friday.The U.S.