• Williams, Beacon sign pipeline deal for...

    U.S. Gulf of Mexico pipeline operator Williams has struck a deal with Beacon Offshore to provide offshore gas gathering and transportation services and onshore gas processing services to the Shenandoah offshore development.


  • Petrobras orders $2.3B FPSO from Saipem, DSME JV

    Italian offshore engineering and construction firm Saipem, in a joint venture with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), has won a contract with Brazil's Petrobras to build an FPSO for the Búzios offshore field in Brazil.


  • Designs for Jones Act Versatile Feeder Vessel to...

    The United States’ ambitious plans to develop the offshore wind sector over the next two decades are also helping to create new opportunities in the shipbuilding and shipping sectors to support the installation and maintenance of the offshore wind farms. The latest entrant is an American company called Green Shipping Line that is teaming with the Dutch engineering firm DEKC Maritime to develop Jones Act compliant feeder vessels to support the development of offshore wind installations.


  • Transocean Delays Delivery of Two New Ultra-...

    As a new demonstration of the continuing pressures on the offshore oil sector, drill operator Transocean announced that it has agreed to delay delivery of its two new ultra-deepwater drillships and defer payments to the shipyard. The company also reported that it has reached new financing terms with the shipyard to improve its balance sheet, while it also scheduling contracts with major customers.



DeepOcean Invests in Deep-sea Mineral Mining Firm

DeepOcean, a provider of subsea services to the offshore energy industry, has agreed to invest and take a majority stake in ADEPTH Minerals, a company focused on sustainable exploration and extraction of marine minerals.