Thailand’s Mermaid Subsea Services, a subsidiary of Mermaid Maritime, has struck a deal with PT David Marine, an affiliate of UAE-based Mubarak Marine, for the purchase of 50% ownership share in the 2011-built construction support vessel for $16m. The vessel is currently operating in the Persian...
https://splash247.com/mermaid-takes-50-in-mubarak-marine-csv/
Pivot to renewables sees offshore company tap green loans to finance asset purchases including giant crane
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has launched a new tourism project inspired by offshore oil platforms. Named “THE RIG”, the project will be located in the Arabian Gulf and span a combined total area of more than 150,000 sq m, providing hospitality offerings,...
https://splash247.com/saudi-arabias-wealth-fund-unveils-offshore-platform-tourism-project/
Australian OSV operator and services provider has been engaged by Resolve Marine to assist with salvage operations of the wrecked 2,700 teu containership X-Press Pearl off the coast of Sri Lanka. Beginning in late October, the 2016-built multipurpose support vessel (MPSV) will act as the primary...
https://splash247.com/mma-offshore-mpsv-to-support-x-press-pearl-salvage-operations/
Danish utility Ørsted has inked a letter of intent with ZE PAK, Poland’s largest privately-owned energy producer, to participate in the upcoming auction for seabed leases in the Polish part of the Baltic Sea. The next step for the partnership will be to set up a 50/50 joint venture which will be...
https://splash247.com/orsted-eyes-baltic-offshore-wind-with-polands-largest-private-power-company/
Luxembourg-based Jan De Nul Group has been awarded a contract to transport and install monopolies for two offshore wind projects in Germany under development by Danish renewable energy company Ørsted…
Ørsted has reached an economic agreement that will establish Maryland’s first offshore wind steel fabrication center at Crystal Steel Fabricators in Federalsburg, Md. Ørsted says its investment in Crystal Steel will enable nearly $70 million in supply agreements and create nearly 50 new Maryland jobs, positioning local steel workers to supply steel components that will be used to construct wind turbine foundations for Ørsted’s Mid-Atlantic projects.
The new facility will support development of...
Belgian group clinches German North Sea work as Orsted continues to secure tonnage
Mayflower Wind, a 50/50 joint venture between Shell New Energies US LLC and Ocean Winds that is developing an offshore wind lease area off the US Northeast coast, has signed an agreement with Gladding-Hearn Shipbuilding/Duclos Corporation of Somerset, Massachusetts for the specification, design and...
https://splash247.com/mayflower-wind-orders-hybrid-electric-offshore-wind-ctv/
Mayflower Wind picks Gladding-Hearn Shipbuilding for new hybrid diesel-electric ship