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
Caterpillar Marine and Harvey, La., headquartered Jackson Offshore Operators LLC are to pilot an integrated hybrid energy solution aimed at reduction of fuel consumption and diesel exhaust emissions. The technology will be
Skudeneshavn, Norway, headquartered Solstad Offshore ASA reports that it has entered into a long-term contract for the battery-hybrid PSV Normand Falnes with TotalEnergies UK. The contract, which will be for five years
Norwegian energy giant Equinor yesterday awarded platform supply vessel (PSV) contracts for six ships to five shipowners. The contracts have a total value estimated at more than NOK 2.5 billion (about $235
Brazilian subsea specialist Oceânica has signed a contract that will see Norway’s Green Yard Kleven convert two platform supply vessels (PSV) for operations in Brazil with ROVs and offshore cranes. The vessels
“Tidewater is uniquely positioned to capitalize on what is looking to be a truly transformational period for vessel activity and day rate improvements over the next several quarters,” said CEO Quintin Kneen
Madisonville, La., headquartered Guice Offshore (GO) has added three more vessels to its fleet. Guice is a U.S. flag leader in operating dynamically positioned mini supply and medium-sized multi-purpose vessels in the
Finnish azimuth propulsion system specialist Steerprop has signed a five-year contract with Norway’s Siem Offshore. Under the contract, Siem will use the Steerprop Care Premium propulsion monitoring system on the three 5,500
Moving one step closer to becoming the world’s first Environmental, Social, and Governance (ESG) certified oil and gas vessel operator, Harvey Gulf International Marine, New Orleans, La., has begun to operate one
Tokyo-headquartered K-Line reported Friday that it had decided to dissolve its Norwegian-based subsidiary K-Line Offshore, sell its vessels and take a total extraordinary loss of approximately JPY 17 billion (almost $150 million).