A STUDY by international marine movement specialists VesselValue has assessed that almost 40% of the world’s offshore vessels are currently laid up. VesselsValue’s head of Offshore Robert Day says that it is no secret that the Offshore sector is suffering. “Estimating the number of vessels in layup is an imperfect science, however, using a big data approach VesselsValue can provide a valid estimation using the following methodology,” Mr Day said.
MAERSK Supply Service has been awarded a contract with Chevron which will see two of its newbuild anchor handling tug supply vessels support the Gorgon Stage Two drilling programme in Australia. MSS said on Wednesday that the Maersk Mariner and Maersk Master would provide towing, anchor handling, supply, and WROV services for the program in the Northwest Shelf of Western Australia. According to the vessel owner, the Gorgon Stage Two
To celebrate Jumbo’s 50 Year Anniversary, they take a look back at the story so far. From their beginnings as pioneers swimming against the tide to 50 years later, still a world leader in heavy-lift transport and now a key player in offshore installation contracting, it’s been an extraordinary journey!
OFFSHORE support specialist Tidewater Inc. has successfully completed its business combination with GulfMark Offshore, Inc. Tidewater and GulfMark stockholders overwhelmingly supported the business combination, with relevant proposals being approved by over 99% of the votes cast by Tidewater stockholders and GulfMark stockholders, respectively, in person or represented by proxy, not including abstentions, at the companies’ respective stockholder meetings earlier today. All necessary conditions to the closing have been satisfied and
HEAVY Lift specialist Jumbo has been awarded the contract for the transportation and Installation of a FSRU Mooring System including riser and umbilical, off the coast of Aracaju, Sergipe, Brazil Jumbo’s Offshore division was awarded the contract by Sapura to perform the transportation and installation of the FSRU’s Mooring System as well as project management and engineering services. The mooring system comprises an anchor base and a rotating yoke arm
JUST months after moving its corporate headquarters to Perth in order to strengthen relationships with Western Australia’s largest oil and gas clients, Bhagwan Marine has announced an expansion of its offshore support vessel fleet. The CMV Athos and the DP2 SeaMaster are both Dynamic Positioning (DP2) vessels, combining enhanced capabilities with greatly improved efficiency, safety and manoeuvrability. The CMV Athos is a 65m ABS Classed, Multi-Purpose Anchor Handling Tug Supply
In partnership with the Society for Underwater Technology (SUT), Subsea Energy Australia (SEA) and Subsea UK the AOG Subsea Forum is a free-to-attend conference that addresses the latest trends, issues and developments in the Australian subsea industry. Held over three days in a theatre on the AOG exhibition floor, the Subsea Forum is the largest gathering of subsea professionals in Australia. Why speak at the Subsea Forum? The purpose of
SUBSEA Engineering Associates Pty Ltd (SEA) has been awarded the contract for Define Phase engineering services for the Scarborough Development Export Trunkline from Woodside Energy Limited. This will enable SEA to utilise the award-winning ICE Platform, and enable rapid delivery of engineering and a mature digital basis of design to be carried into FEED. SEA have subcontracted INTECSEA Pty Ltd to provide specialised deepwater experience gained on international projects. The
AUSTRALIA-based propeller, fin system and gyrostabiliser manufacturer VEEM Ltd reports that leading international ship builder Damen Shipyards Group has successfully undertaken sea trails utilising VEEM Gyrostabilizers on board a Damen Fast Crew Supplier vessel. Over two days in June, Damen hosted international delegates from the offshore renewable and non-renewable industries on board a Damen Fast Crew Supplier 5009 fitted with two VEEM VG260SD Gyrostabilizers and equipped with an Ampelmann L-type
MAERSK Supply Service has successfully completed the tow of a semi-submersible from Las Palmas, Canary Islands to north west Western Australia. The tow was carried out by new-build Anchor Handling Tug Supply vessel Maersk Master of the Starfish series, whose energy efficient design minimised fuel costs during transit. The first leg of the tow of the semi-submersible MODU rig was direct from Las Palmas to Cape Town. Maersk Master and