While facing the same challenging market conditions as offshore vessel owners and service companies worldwide, Norway’s Island Offshore recently broke free from the enforced conservatism of the E&P sector, by adding not just a new ship to its fleet, but one that re-writes the rulebook in capabilities, technology and despite its size and power, environmental credentials.Simply put, Island Offshore’s…
Wartsila will scale down its manufacturing in Trieste, Italy, in a move that might involve about 450 job cuts, the Finnish engineering group said on Thursday.Wartsila said it plans to centralize its 4-stroke engine manufacturing in Vaasa, Finland…
Marine and energy equipment maker Wartsila will roll out its first methanol-powered engine in a new ship next year as the group accelerates green fuel technology options for shipping, a company executive said.With about 90% of world trade transported by sea…
Finland's Wartsila, a top global marine and energy equipment maker, posted first-quarter earnings roughly in line with expectations on Thursday, citing increased uncertainty in demand and supply in its end markets.Wartsila said its comparable operating profit increased 61% to 65 million euros ($68…
Finland-based marine technology company Wärtsilä will supply the seven thrusters for Eneti's new Wind Turbine Installation Vessel (WTIV) being built at the Daewoo Shipbuilding & Marine yard in South Korea.'By providing outstanding thrust, robust station-keeping capability…
Evac Group, a company specializing in integrated water and waste management systems, as well as corrosion-protection systems, has named Björn Ullbro as President, Marine & Offshore business area at Evac Group. Ullbro joins Evac from Wärtsilä…
Finland-based marine equipment and technology provider Wärtsilä will upgrade Siem Offshore's platform supply vessel ‘Siem Pride’ for hybrid engine and battery propulsion. The upgrade will enable the vessel to reduce the number of engines in…
Norwegian offshore vessel owner Eidesvik and Finland-based marine equipment manufacturer Wartsila are going to convert an offshore supply vessel (OSV) to operate with an ammonia-fuelled combustion engine with the required fuel supply and safety system…
Engineering firm AGR said Thursday it was taking part in a three-year research initiative committed to developing new technologies and processes that aim to significantly reduce the cost of carbon capture related to transport and permanent storage…
Marine engineering and propulsion company Royston has said it has recently completed engine overhaul work onboard Stena Drilling's drillship Stena DrillMAX, ahead of the rig's departure for work in Guyana.'Work on the 228m length ‘Stena DrillMAX’ saw a 48…
FPSO operator Bluewater Services signed a framework agreement with marine engineering and maintenance firm Royston for engine overhaul, repair, and associated services on two of its FPSOs.Under the agreement, Royston will carry out planned engine…
U.S.-based offshore vessel owner Harvey Gulf said Wednesday it completed an upgrade of its platform supply vessel Harvey Energy, making it the first 'tri-fuel' PSV in the U.S.Harvey completed the installation of a Wartsila battery-power system…
New engineering work involving the overhaul of diesel engines on the offshore construction and dive support vessel (DSV) Rever Polaris, has been completed by power specialist Royston.Engineers undertook the DG1 and DG3 24,000 and DG4 36,000…
One of the world's most advanced diving support vessels has undergone a comprehensive power plant refurbishment and maintenance program.Engineers undertook the 30,000 running hour major service on the generator engines on board the 140-meter-long Subsea 7 Seven Atlantic…
The first phase of a new diesel engine maintenance and service program has been completed for vessels owned by international drilling contractors Stena Drilling, power specialist Royston said.Work on the Wartsila 16v25 No.3 generator on board…
