Singapore’s Seatrium has received a notice of arbitration from Maersk Offshore Wind’s affiliate, regarding the dispute over the termination of a $475 million contract for a nearly completed wind turbine installation vessel (WTIV) originally intended for Equinor’s Empire Wind 1 project in the United States.
BY Captain Bobbie Scolley, U.S. Navy (ret.) and Rear Admiral Tim Gallaudet, U.S. Navy (ret.)For more than six decades, spanning from 1905 to the late 1970s, the U.S. Navy’s diving apparatus for deep ocean operations and salvage remained fundamentally unchanged. During this period, the demographic of navy divers also saw little alteration.
Singapore-based offshore contractor Seatrium has received a termination of the $475 million contract for the construction of a Wind Turbine Installation Vessel (WTIV) that was set for deployment at Equinor's Empire Wind 1 offshore wind farm in the United States.The contract - secured by Sembcorp Marine Rigs & Floaters in 2022
Petrodec’s newly constructed heavy lift jack-up vessel, named Obana, has started decommissioning work in the Southern North Sea for Perenco.Obana is working on the decommissioning of the Galahad platform, after which it will move to the Amethyst field for the removal of the C1D, A2D and B1D jackets, expected to be completed and offloaded in the Netherlands later in 2025.
Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, storage and offloading (FPSO) units to Petrobras.The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard. Upon delivery, the P-78 will be deployed in Brazil’s prolific Buzios field, the largest deepwater oil field globally
The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the lowest levels recorded since recovery began in 2021. A variety of factors have contributed to this – including Saudi Aramco’s suspension of over 30 jackup contracts by up to one year, the entry of newbuild rigs into the market without work to go to
The seventh generation Atlantic Zonda drillship, managed by Ventura Offshore Midco, has started operations for Petrobras under a three-year drilling contract.The Atlantic Zonda is managed by Ventura Offshore through marketing and operating agreements with the rig owner, Eldorado Drilling, and the company will earn its management fees and reimbursable revenues from these agreements.
We are at the one-year since the Francis Scott Key (FSK) Bridge collapsed over the Patapsco River’s Fort McHenry Channel in Baltimore, Maryland. Nearly 100 percent of the wreckage and debris removal was conducted by the Jones Act private sector U.S. maritime industry. The FSK collapsed at about 1:28 a.m.
Operating one of the world’s largest marine fleets of any kind, it is Svitzer’s local footprint that speaks volumes for its diverse and far-flung workforce and assets. Strengthened by a multi-national team, providing value in more than three dozen countries, Svitzer stands out every day.
The Shenandoah floating production system (FPS) has been transported to the Gulf of America ahead of wet tow and offshore installation at the Shenandoah deepwater field at Walker Ridge project site, developed by Texas-based exploration and production company Beacon Offshore Energy.
Sourcing and maintaining marine coatings systems are arguably a shipowner’s most critical means to ensure a long and productive lifecycle for ships, boats and offshore rigs. At the same time, coatings have become a central part of the ship efficiency, decarbonization discussion. Christer Øpstad, Global R&D Director Fouling Protection, Jotun
MarineNews Editor Joseph Keefe weighs in with a look at the previous five years on the waterfront. It’s not what you think.You might be aware that I stepped away for a moment in late December 2019. The five years that followed, whizzed right by – well, all but that miserable part of being virtually locked in my house for six months during “the Pandemic.” Enough said.