The National Ocean Industries Association (NOIA) is slamming foot dragging by the U.S. Department of the Interior in developing the next federal offshore oil and gas leasing program. The leasing program is
In a move that will cement its position as the world’s largest operator of offshore service vessels, Houston-headquartered Tidewater Inc. (NYSE: TDW) will pay $577 million to purchase Oslo-listed Solstad Offshore ASA’s
Purus Marine’s Swansea, U.K. based offshore wind service subsidiary HST Marine has selected BMT’s StratCat 27 design for four hybrid crew transfer vessels it has ordered from Singapore shipbuilder Strategic Marine. Set
Haugesund, Norway, headquartered Edda Wind ASA has agreed for contracts four newbuild commissioning service vessels) with Fincantieri’s Norwegian-based subsidiary Vard. The price is EUR 63 million (about $67 million) per ship, exclusive
Houston-headquartered Bleutec Industries Offshore Wind Services LLC reports that it has received Approval in Principle (AiP) from ABS for the designs of its Jones Act compliant Binary Marine Installation Solution (BMIS). The
Dublin, Ireland, headquartered crew transfer vessel (CTV) owner and operator Farra Marine has placed an order with Singapore-based Penguin Shipyard International that will see it double its fleet to a total of
“As we look forward into 2023, we are confident that not only is the recovery here, but that the demand for offshore vessels will continue to strengthen throughout this year,” said Quintin
Hornbeck Offshore Services Inc. (HOS) reports that it has entered into a definitive vessel purchase agreement with Nautical Solutions LLC, an affiliate of Edison Chouest Offshore, to acquire a total of six
As required by the Inflation Reduction Act of 2022 (IRA), the Bureau of Ocean Energy Management (BOEM) will hold an oil and gas lease sale in the Gulf of Mexico on March
Following up on an announcement made back in October last year, the U.S. Department of the Interior today issued a notice proposing the first-ever U.S. Gulf of Mexico offshore wind lease sale.