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Gulf Island resolves MPSV dispute with Hornbeck

Gulf Island Fabrication Inc. (NASDAQ: GIFI) said today that its subsidiary Gulf Island Shipyards LLC (GIS) has resolved its lawsuit with Hornbeck Offshore Services LLC relating to the construction of two multi-purpose

Midi-SOV

Could Midi-SOV be an offshore wind game changer?

Southampton, U.K., based Chartwell Marine has partnered with Fincantieri’s Norwegian headquartered Vard subsidiary to introduce the Midi-SOV. The 55-meter offshore wind service vessel combines the two companies’ expertise in crew transfer vessels

Cover of offshore oil and gas leasing proposal

BOEM proposes fewest oil and gas lease sales in history

The Inflation Reduction Act (IRA) does not allow the Bureau of Ocean Energy Management (BOEM) to issue a lease for offshore wind development unless the agency has offered at least 60 million

Vroon has sold its offshore fleet

Vroon completes offshore vessel sell-off

One of the best-known companies in Netherlands shipping, Vroon, says that it has finalized its restructuring and completed the sale of 37 vessels from its offshore fleet. That leaves Vroon with a

oil and gas

BOEM postpones GoM oil and gas lease sale

The Bureau of Ocean Energy Management (BOEM) yesterday announced that it is postponing Gulf of Mexico Outer Continental Shelf Oil and Gas Lease Sale 261, which had been set for today, September

Nexans next generation cable layer

Nexan returns to Ulstein for next generation cable layer

Paris, France, headquartered Nexans is to add a third cable layer to its fleet. Like its flagship vessel, Nexans Aurora, it will be built by Ulstein Verft in Ulsteinvik, Norway, to a

Virginia offshore wind turbines

Virginia offshore wind project marks a regulatory milestone

Dominion Energy reports that its Coastal Virginia Offshore Wind (CVOW) project reached a major regulatory milestone today when the Bureau of Ocean Energy Management announced that it had completed its environmental analysis

Lease Sale 261

Court orders BOEM to hold GoM Lease Sale 261 the way Congress directed

The State of Louisiana, the American Petroleum Institute, Chevron USA Inc. and Shell Offshore have been granted a preliminary injunction in response to their law suit challenging conditions in BOEM’s Final Notice

GVA (Global Value Agreement) signing

Tidewater in global value agreement with Caterpillar

Offshore services giant Tidewater Inc. [NYSE: TDW] has executed a Global Value Agreement (GVA) with Caterpillar covering its worldwide fleet of over 200 OSVs that operate in more than 60 countries. Caterpillar

Fincantieri Bay starts construction of CREST Wind SOV

Fincantieri Bay Shipbuilding in Sturgeon Bay, Wis., yesterday began construction of the 289-foot service operation vessel (SOV) that it is building for the Crowley-Esvagt joint venture CREST Wind. The HAV 832 design

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