Private equity firm J.F. Lehman & Company (JFLCO) reports that an investment affiliate has signed a definitive agreement to acquire Chelmsford, U.K., headquartered Global Marine Group. Separately, Global Marine Group’s majority owner,
Virginia Governor Ralph Northam this week announced an agreement for Ørsted to lease a portion of the Portsmouth Marine Terminal for offshore wind staging materials and equipment. The agreement was ratified January
DOF ASA reports that the Brazilian-built pipelay support vessel (PLSV) Skandi Vitoria, has been awarded a contract with TechnipFMC. The contract will commence in January with a validity of two years plus
Bergen, Norway, based DOF Subsea says it has won multiple contract awards from undisclosed clients across the North America region. They include contracts for pre-lay and LBL array installation activities in Guyana,
Following calls for great vessel versatility offshore, Damen Shipyards has developed a new concept vessel – the Offshore Support Vessel (OSV) 9020. It features a stable platform with lots of accommodations, good
Equinor has signed an agreement with Eidesvik Offshore that will see the North Sea supply vessel Viking Energy modified to enable it to cover long distances powered by carbon-free ammonia fuel cells.
Harvey Gulf International Marine CEO Shane Guidry is looking to grow the company’s subsea business and has hired John Dunn as Vice President of Sub-Sea Vessel Operations. Dunn, who was formerly with
Singapore’s Keppel Offshore & Marine Ltd (Keppel O&M) reports that its Keppel FELS shipyard has made its first rig delivery of 2020 – safely, on time and within budget. Named Heimdal, the
Siemens Gamesa Renewable Energy (SGRE) has been named as the preferred turbine supplier for the massive 2,640 MW Dominion Energy Virginia Offshore Wind project. This is the largest offshore wind power project
Although keeping capital expenditure under control may be a key consideration during system procurement, any savings can quickly vanish if low cost components result in an increase in unbudgeted operational costs. That
