Island Offshore exercises option to build second OECV at Vard

Fincantieri’s Norwegian subsidiary Vard is to build a second hybrid-powered Ocean Energy Construction Vessel (OECV) for Ulsteinvik, Norway, headquartered Island Offshore, which is majority owned by the Chouest and Ulstein families.

Island Offshore orders innovative ocean energy construction vessel

The new contract exercises the first of the two options for additional vessels included in the OECV order placed at Vard by Island Offshore in May. The vessels are being built to a new Vard 3 25 design...

https://www.marinelog.com/offshore/island-offshore-exercises-option-to-build-second-oecv-at-vard/

Island Offshore orders innovative ocean energy construction vessel

Island Offshore has placed an order at Fincantieri Group member Vard for a 120 meter ocean energy construction vessel that includes options for two further vessels. The vessels will be built to a new Vard 3 25 design, developed for the offshore energy industry’s transition from oil and gas to renewables.

“We are proud to present the next generation OECVs with versatile capabilities that will ensure long-term employment as the energies of the ocean evolve,” said Island Offshore chairman Morten...

https://www.marinelog.com/offshore/island-offshore-orders-innovative-ocean-energy-construction-vessel/

Chouest expands its subsea capabilities with ROVOP acquisition

The Cut Off, La., headquartered Chouest group has acquired Aberdeen, Scotland, headquartered ROVOP, a leading remotely operated vehicle (ROV) company that was previously a portfolio company of Bluewater Private Equity. With the acquisition, Chouest, alongside its subsea service company, C-Innovation, will now control a fleet of over 100 ROVs and 6 autonomous underwater vehicles (AUVs).

Bringing ROVOP under the Chouest umbrella not only expands Chouest’s service offerings but also provides ROVOP...

https://www.marinelog.com/offshore/chouest-expands-its-subsea-capabilities-with-rovop-acquisition/

Funding for Chouest icebreaker Aiviq included in FY2024 Homeland Security Appropriations Act

Alaska U.S. Senators Dan Sullivan and Lisa Murkowski (both R.-Alaska) and Representative Mary Peltola (D.-Alaska) today announced that they have successfully secured federal funding for the purchase of a commercially available Icebreaker by the U.S. Coast Guard. Though the legislators did not state the name of the icebreaker, the most frequently mentioned candidate vessel has been Edison Chouest Offshore’s M/V Aiviq. Back in May 2022, the Coast Guard issued an RFI seeking to identify commercial...

https://www.marinelog.com/news/funding-for-chouest-icebreaker-aiviq-included-in-fy2024-homeland-security-appropriations-act/