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Two 3D Surveys: Shearwater GeoServices Wins First Contract with South Korea's KNOC

Apr 04, 2022

Marine seismic survey firm Shearwater GeoServices has secured deals for two 3D seismic surveys offshore South Korea, together with seismic data processing and imaging by Korea National Oil Corporation (“KNOC”). This is Shearwater’s first contract with KNOC…

'Siem Sapphire' Providing W2W Services for Offshore Wind Farm Commissioning in Taiwan

Apr 01, 2022

Norwegian offshore vessel owner Siem Offshore has signed a new contract for the “Siem Sapphire” AHTS vessel for operations in Taiwan. 'Delivery [of the vessel] has already taken place, and secures firm utilization well into the third quarter of 2022 plus options…

Equinor Taps Havfram for Floating Wind Installation Study in S. Korea

Mar 31, 2022

Norwegian energy firm Equinor has awarded offshore installation company Havfram a contract to carry out a transport and installation study on the Firefly floating offshore wind project in South Korea.The Firefly project is an 800MW project and…

Building a Battery Hybrid SOV is the Aim of Vallianz, Royal IHC MOU

Mar 29, 2022

Vallianz Holdings Limited entered into a memorandum of understanding (MOU) with Royal IHC to design and build a next generation service operation vessel (SOV) to support offshore wind farms.Designed by Royal IHC, the battery hybrid SOV will house advanced levels of integration and autonomy…

Fortescue Future Industries Buys PSV from MMA Offshore for Green Ammonia Conversion

Mar 23, 2022

Australian offshore vessel owner MMA Offshore has completed the sale of the vessel “MMA Leveque” to a subsidiary of Fortescue Future Industries (“FFI”) for US$7.75M.FFI plans to convert the 74.87 meters long platform supply vessel to dual fuel…

Marco Polo Marine, Seatech Solutions Move to Develop Offshore Wind Service Vessels

Mar 16, 2022

Singapore-based offshore shipping, shipbuilding, and ship maintenance company Marco Polo Marine has partnered up with green tech ship design company Seatech Solutions International to co-develop two new specialized offshore wind service, operation…

BW Offshore Sells FPSO Umuroa for Scrap

Mar 14, 2022

After it last month said it would recycle its FPSO BW Cidade de São Vicente, FPSO owner BW Offshore has now agreed to sell another FPSO for scrap, this time the FPSO Umuroa.The company said Monday it had signed an agreement to recycle the FPSO…

VARD Delivers Asia's First Newbuild Service Operation Vessel

Mar 11, 2022

Asia-first newbuild Service Operation Vessel for the offshore wind industry was delivered earlier this week at the VARD Vung Tau shipyard in Vietnam. The Taiwan-flagged SOV has been built for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O…

MEO Group Wins Contract to Supply Five Anchor Handling Tug Supply Vessels

Mar 10, 2022

MEO Group and its local joint venture partner, Uniwise Offshore Ltd, won a three-year contract for five Anchor Handling Tug Supply vessels (AHTS) by an E&P company in Thailand. The five vessels -- MEO Monarch 1, MEO Monarch 2, Uniwise Advantage…

'World's Largest OSV Fleet': Tidewater to Buy Swire Pacific Offshore

Mar 09, 2022

U.S.-based offshore support vessel owner Tidewater said Wednesday it had agreed to acquire Swire Pacific Offshore Holdings Limited (SPO), a subsidiary of Swire Pacific Limited for around $190 million. Tidewater said the transaction would create…

Perdana Petroleum Nets Three AHTS Charters with Petronas Carigali

Mar 08, 2022

Malaysian offshore services company Perdana Petroleum has secured contracts for three Anchor Handling Tug and Supply vessels with Petronas Carigali.Perdana Nautika will provide the three AHTS vessels with crews and equipment to perform 24-hour services for assisting and/or servicing drilling rigs…

High Tien Offshore, Jong Shyn Shipbuilding to Build Taiwanese CTVs

Mar 07, 2022

High Tien Offshore (HTO) signed a Letter of Intent with Jong Shyn Shipbuilding (JSS) to build Taiwanese Crew Transfer Vessels (CTV) in JSS' shipyard for use in the Taiwanese offshore wind farm industry, supporting developers’ bidding for the offshore windfarms of zonal development in Round 3…

Coastal Contracts Sells Three Vessels for $26.2M

Mar 04, 2022

Bursa Malaysia-listed marine oilfield services provider Coastal Contracts has agreed to sell three of its vessels for RM109.7 million (around $26.2 million).The company, based in Sabah, Malaysia, said earlier this week that its subsidiaries…

Japan's Mitsui OSK, Others to Buy Stake in Taiwan's Formosa-1 Offshore Wind Farm

Mar 04, 2022

Japan's Mitsui OSK Lines, Toho Gas, and Hokuriku Electric Power will buy a stake of 25% in Formosa International Investment from Australia's Macquarie Group to enter Taiwan's offshore wind power business.The Japanese firms said the deal takes them into the overseas offshore wind power market…

Petronas, MOL Sign Liquefied CO2 Shipping MoU

Feb 09, 2022

Malaysia's state energy firm Petronas said on Wednesday it has signed an agreement with Japanese shipping company Mitsui O.S.K Lines (MOL) to explore opportunities in liquefied carbon dioxide (CO2) shipping in Asia Pacific and Oceania regions…

Current News

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PXGEO Nets First Seismic Survey off Malaysia

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Norwegian Oil Investment Will Peak in '25

Norwegian Oil Investment Will Peak in '25

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Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

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Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

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