FEATURE | Equinor leads development of battery-powered platform supply vessel

A partnership led by Norwegian energy company Equinor has commenced development of a platform supply vessel (PSV) powered by batteries to ensure emission-free operations, particularly in the North Sea. Under the Plug-In Electric Zero-Emission Offshore-Ship (PIEZO) project, Norwegian shipbuilder Vard has developed a concept design for a PSV that will use batteries as the primary […]

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https://www.bairdmaritime.com/work-boat-world/offshore-world/offshore-operations-maintenance/platform-supply/feature-equinor-leads-development-of-battery-powered-platform-supply-vessel/

COLUMN | Vroon, Vroon, Vroon: Britoil’s take-over marks closure, as Golden Energy flip shows ING’s folly [Offshore Accounts]

Finally, Singapore-headquartered Britoil announced last week that it had completed the purchase of most of the offshore fleet of Vroon, the Dutch ship-owner. Britoil bought 29 offshore support vessels, plus a small oil spill response vessel from Vroon. Golden Energy Offshore had announced in August that it was buying four large PX121 design platform supply […]

The post COLUMN | Vroon, Vroon, Vroon: Britoil’s take-over marks closure, as Golden Energy flip shows ING’s folly [Offshore Accounts]...

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COLUMN | What are the consequences of the offshore surge? Tidewater’s triumph provides Chinese yards with boom, and starts North Sea exodus [Offshore Accounts]

One of the delights of the offshore market recovery has been the surge in charter rates for platform supply vessels (PSVs) around the world. Tidewater’s triumphant presentation at the Barclays CEO Energy Conference earlier this month showed the potency of the market recovery that the company has driven ever onwards and upwards after its acquisition […]

The post COLUMN | What are the consequences of the offshore surge? Tidewater’s triumph provides Chinese yards with boom, and starts North Sea...

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COLUMN | The wheels of justice grind slowly: McDermott International’s multiple problems; Nigeria’s former oil minister charged with corruption in UK [Offshore Accounts]

In 1964, the American civil rights activist Dr Martin Luther King Jr delivered a sermon at Wesleyan University in Connecticut, closing by saying, “The arc of the moral universe is long, but it bends toward justice.” How inspiring, how suitable for a motivational poster. But what about President Vladimir Putin’s lengthy and murderous tenure, what […]

The post COLUMN | The wheels of justice grind slowly: McDermott International’s multiple problems; Nigeria’s former oil minister charged with...

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COLUMN | Predictable outcomes: a certain wind turbine installation company; Cyan Renewables and DEME; Global Marine and CWind [Offshore Accounts]

Never believe what a company’s managers tell you. Always verify yourself, especially if the company is headquartered in Monaco and is run by a management team with a past reputation for underperformance in the offshore sector. Who could we be talking about? Imagine a company where the management team paid themselves a US$30 million bonus […]

The post COLUMN | Predictable outcomes: a certain wind turbine installation company; Cyan Renewables and DEME; Global Marine and CWind [Offshore Accounts]...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-predictable-outcomes-a-certain-wind-turbine-installation-company-cyan-renewables-and-deme-global-marine-and-cwind-offshore-accounts/

Offshore Vessel News Roundup | August 17 – French cable-layer, Norwegian unmanned craft order plus US and Qatari crewboat construction

A French operator takes delivery of a new cable-lay vessel while a Singaporean yard launches the first in a series of three crewboats destined for the Middle East. Construction starts on a new compact crewboat for deployment at US offshore wind farms. Finally, a Norwegian joint venture places an order for a new unmanned craft […]

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COLUMN | Getting results: Valaris; Tidewater; Golden Energy Offshore; Boskalis in Yemen [Offshore Accounts]

Who said that August was a month for relaxing by the beach? No book reviews for your sun lounger this year. Instead, we plunge into the results reporting season and an analysis of some of the recent deals in the offshore sector. Valaris exercises bargain Korean options The drillers are in a sweet...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-getting-results-valaris-tidewater-golden-energy-offshore-boskalis-in-yemen-offshore-accounts/

Solstad’s $100 Million Triumph in Brazil

Credit: dorian-mongel-5Rgr-unsplash

Embarking on a voyage of remarkable achievements, Norwegian OSV giant Solstad Offshore has made waves in the industry by securing two groundbreaking contracts in Brazil, collectively valued at a staggering $100 million. These strategic agreements not only underscore Solstad’s prowess but also signal a new era of offshore possibilities in the vibrant Brazilian market. The splash247 news source.

  • Norwegian firm Solstad Offshore secures $100 million contracts in...

https://mfame.guru/solstads-100-million-triumph-in-brazil/

COLUMN | More of the same: Tidewater closes Solstad deal; BW Offshore sells to Century; Acta and Bernhard Schulte order CSOVs; Scottish Ferries Fiasco [Offshore Accounts]

Tidewater’s Pac Man-like expansion continues, and the market loves the strategy. Tidewater stock finished up 10 per cent on the week on Friday, July 7, at a record high ..

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