Drydocks World has signed a deal for the largest floating sheerleg crane in the Middle East and Africa.Fabricated by Shanghai Zhenhua Heavy Industries (ZPMC), the new 5,000 tonne crane features a 160-meter-long A-frame and a 600-tonne fly jib that can extend its reach to 180 meters…
On release of its interim financial report 2024 Cadeler reports that it has delivered results in line with expectations and achieved a record high order backlog.The world’s largest operator in offshore wind installation, operation, and maintenance…
The floating production storage and offloading (FPSO) unit Petrojarl Kong and floating storage and offloading vessel (FSO) Yamoussoukro have entered their final stages of upgrading and conversion prior to their mobilization to Côte d’Ivoire for Eni’s Baleine Phase 2 project…
Esgian provides an update on Noble and Diamond Offshore’s announcement of merger plans in its Week 24 Rig Analytics Market Roundup.Report SummaryContractsADES has completed the signing of a drilling contract for a jackup with Suez Oil Company (SUCO) in Egypt…
Offshore energy is on a growth trajectory. Rystad Energy wrote in February 2024 that upstream oil majors were diving in to deeper waters. “Despite tightened budgets, frontier drilling is fueling optimism for a productive year, particularly deepwater projects in the Atlantic Margin…
Danish shipowner CBED has signed a contract with Siemens Gamesa for the first offshore wind project for its new SOV Wind Creation as part of the CBED fleet.With the new walk-to-work project, the SOV joins commissioning an offshore wind farm in the Netherlands…
Norwegian company Techouse has delivered a new sulphate removal unit (SRU) that will be installed on board the Voyageur Spirit FPSO, which is set for deployment at Eni-operated Baleine oil field offshore Côte d'Ivoire.Having secured the contract in May 2023…
DP World has signed a partnership agreement with Abu Dhabi Future Energy Company (Masdar) to explore and implement renewable energy systems across its global port operations in the Middle East and Africa.The agreement aims to facilitate the…
SBM Offshore’s floating floating production, storage, and offloading (FPSO) unit ONE Guyana, built for ExxonMobil’s Yellowtail field offshore Guyana, has left the drydock and arrived along quayside at the Seatrium yard in Singapore.The FPSO…
Altera Infrastructure has hired DOF to install Voyageur Spirit floating production, storage and offloading (FPSO) unit as well as one floating storage unit (FSO) at Eni-operated Baleine oil field offshore Ivory Coast.The project includes the complete installation of seabed mooring systems…
Offshore engineering and construction firm McDermott has been awarded a contract from Malaysia Marine and Heavy Engineering (MMHE) for the Kasawari Carbon Capture and Storage (CCS) project, located offshore Sarawak in East Malaysia.Under the scope of the contract…
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…
Norway-based Aker Solutions said Tuesday it had won a sizeable contract from Vattenfall for the Norfolk Vanguard East Offshore Wind Farm off the coast of Norfolk, UK.Aker Solutions defines a sizeable contract as being between NOK 0.5 billion and NOK 1…
Norway-based Aker Solutions, a provider of solutions, products, and services to the global energy industry, has been awarded a limited notice to proceed contract from Vattenfall for the Norfolk Vanguard West Offshore Wind Farm off the coast of Norfolk…
The World Bank said on Monday it expected global oil prices to average $90 a barrel in the fourth quarter and fall to an average of $81 in 2024 as slowing growth eases demand, but warned that an escalation of the latest Middle East conflict could spike prices significantly higher…