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VARD Snags $125M Shipbuilding Deal for Subsea Construction Vessel

Apr 03, 2025

VARD signed a contract with Taiwan's Dong Fang Offshore for the design and construction of one Offshore Subsea Construction Vessel, with option(s). The vessel is of VARD 3 39 design, and the value of the contract is $125 million. This is the third vessel VARD is building for DFO…

Keel Laying for Wind Flyer Trimaran Crew Boat

Mar 25, 2025

Aesen, in partnership with its Thailand joint venture Uniwise Offshore, marked a milestone in offshore boat innovation with the keel laying of the WIND Flyer Trimaran Fast Crew Boat. This event, held at Marsun Public Company Limited, represents…

MODEC Gets Shell’s Gato do Mato FPSO Ops and Maintenance Job

Mar 25, 2025

MODEC has signed an agreement with Shell for the operations and maintenance of the floating production, storage and offloading (FPSO) vessel, to be deployed at Gato do Mato deepwater field off Brazil, for a period of 20 years.The agreement follows…

Marine Masters Secures Wellhead Platforms Installation Job Off India

Feb 27, 2025

Dutch offshore contractor Marine Masters has secured work on an offshore installation project for the greenfield Bhasker A & B platforms, designed and constructed by Indian energy company SunPetro.The project, managed by main installation contractor…

HOS DP2 Innovator – Setting the Standard for 2025

Feb 20, 2025

Versatile.Reliable. Ready for Your Offshore Operations.The HOSDP2 Innovator is a 240-foot multi-purpose service vessel built to handle subsea support, cable installation, environmental research, and offshore construction. Operated by elite Pacific Northwest marine crew…

VIDEO: AIRCAT Crewliner takes Shape to Service Offshore for TotalEnergies Angola

Jan 24, 2025

AIRCAT Vessels, in collaboration with ESNA, delivered the first three AIRCAT 35 Crewliners, a 35-m Surface Effect Ship (SES) technology vessel that can reach speeds of more than 50 knots even in challenging maritime conditions.Each vessel has…

AIRCAT 35 Crewliner Vessels Delivered to Service TotalEnergies Angola

Jan 23, 2025

AIRCAT Vessels, in collaboration with ESNA, delivered the first three AIRCAT 35 Crewliners. Designed to meet the demanding needs of the oil and gas sector, the 35-m vessels, based on SES (Surface Effect Ship) technology, achieve speeds of more than 50 knots…

Europe's Gas Uncertainty Help Drive Asian LNG Spot Prices Higher

Jan 03, 2025

Asian spot liquefied natural gas (LNG) prices rose this week to a one-month peak, as the expiry of a transit deal for Russian gas through Ukraine caused uncertainty in Europe's gas outlook.The average LNG price for February delivery into Northeast Asia LNG-AS was $14…

Saipem’s Castorone Vessel on Its Way to Türkiye’s Largest Gas Field

Dec 30, 2024

Saipem’s pipelay vessel Castorone has crossed the Bosphorus Strait in Türkiye, continuing its journey toward the Black Sea for a pipeline installation job as part of the second phase of the Sakarya project for Turkish Petroleum - Offshore Technology Center (TP – OTC)…

Flare Gas Recovery Meets the Future

Dec 26, 2024

Flare gas recovery lies at the heart of a range of integrated, new emissions abatement technologies.The World Bank’s 2015 launch of the Zero Flaring by 2030 initiative saw flare gas recovery become a standard part of many topside production processing systems…

Offshore Service Vessels: What’s in Store in 2025

Dec 19, 2024

After what we would argue has been an incredibly eventful 2024 with massive deals, tremendous dayrate developments, further charterer backlog build, and the first series of newbuild orders in years, now comes the time when we turn our gaze towards 2025…

ABS Approves Hanwha Ocean’s FPSO Design

Dec 19, 2024

American Bureau of Shipping (ABS) has awarded Hanwha Ocean an Approval in Principle (AIP) for its Pre-FEED standard FPSO design intended to create an asset optimized for deployment in the deep waters of West Africa.The FPSO design is 340 meters long and capable of storing approximately 2…

Floating LNG Conversion Job Slips Out of Seatrium’s Hands

Dec 18, 2024

Golar LNG has decided to call off the floating liquefied natural gas (FLNG) vessel conversion job with Seatrium, following the sale of a Moss type liquefied natural gas (LNG) carrier Golar Gandria for demolition.The first two floating liquefaction…

Yinson and PetroVietnam JV Get FSO Contract for Vietnamese Field

Dec 02, 2024

PTSC Asia Pacific, a joint venture between Yinson Production and PetroVietnam Technical Services Corporation (PTSC), has secured a contract for the provision, charter, operation and maintenance of the floating storage and offloading (FSO) vessel for the Lac Da Vang project offshore Vietnam…

DOF Subsea Grows Its APAC Backlog

Aug 30, 2024

DOF Subsea (DOF) on Friday announced a contract extension and a contract award securing further backlog for the Asia-Pacific (APAC) region.A contract extension has been secured for dive support vessel Skandi Singapore with the vessel fully committed…

Current News

Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

Offshore Energy and Boosting the Energy Efficiency of Water Processes

Offshore Energy and Boosting the Energy Efficiency of Water Processes

Low Demand, High Supply Keeps Asia LNG Spot Prices Flat

Low Demand, High Supply Keeps Asia LNG Spot Prices Flat

Following Big Loss in 2025, Oil Steadies

Following Big Loss in 2025, Oil Steadies

Saipem Lands $425M Turkish Gas Contract in Sakarya Expansion

Saipem Lands $425M Turkish Gas Contract in Sakarya Expansion

OE’s 2025 Top of the Festive Video Pops: Santa Goes Offshore

OE’s 2025 Top of the Festive Video Pops: Santa Goes Offshore

India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields

India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields

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