Norwegian offshore vessel operator Solstad ƶijϻ has secured multiple contract awards with Petrobras, subject to board approval, for two large Anchor Handling Tug Supply (AHTS) vessels and one Construction Support Vessel (CSV).The AHTS vessels…
Norwegian offshore supply vessel operator DOF Group has secured a contract for the installation of a floating, production, storage and offloading (FPSO) unit from an undisclosed client offshore Africa.DOF will deliver project management, engineering…
Akastor, through its fully-owned subsidiary DDW ƶijϻ, has entered into a binding agreement to sell Skandi Peregrino anchor handling tug supply (AHTS) vessel.Skandi Peregrino AHTS has been sold for the purchase price of $25 million to an unnamed buyer…
Norwegian offshore vessel owner Solstad ƶijϻ has secured contracts with undisclosed clients for three of its offshore support vessels.The vessels that have been hired are Normand Jarstein, Normand Australis, and Normand Scorpion.Normand…
Akastor's subsidiary DDW ƶijϻ has secured a contract extension with Petrofac for its anchor handling tug supply (AHTS) vessel Skandi Emerald.The contract extension is for six months, meaning the contract term has now been extended to July 14…
Norwegian offshore vessel owner Solstad ƶijϻ has secured multiple new contracts and contract extensions, whose combined value is $60 million.Solstad secured one new contract, and one contract extension from Petrobras, for work offshore Brazil…
Norwegian offshore vessel owner Solstad ƶijϻ has secured multiple contract awards with clients in Brazil for two of its anchor handling tug supply (AHTS) vessels and one construction support vessel (CSV).Solstad’s Normand Topazio and Normand…
Bronze bearings in the stern roller of the Anchor Handling Tug Supply (AHTS) Vessel ES Kestrel have been replaced with grease-free SXL bearings from Thordon Bearings while the vessel remained afloat and operational.The replacement was undertaken…
Norwegian offshore vessel owner Sea1 ƶijϻ, formerly Siem ƶijϻ, has secured a multi-well project for three anchor handling tug supply (AHTS) vessels in Australia.The contract begins in second to third quarter of 2025, for a firm period of around 380 days up to 670 days per vessel…
Norwegian offshore supply vessel company DOF Group has secured multiple contracts with Petrobras for work offshore Brazil.AHTS Skandi Jupiter and AHTS Skandi Mercury, both under management contracts with DOF, have been contracted by Petrobras…
Norwegian offshore vessel operator DOF Group has secured two long-term contracts with Petrobras for its Pipelay Support Vessel (PLSV) and the Anchor Handling Support vessel (AHTS).The Brazilian built and flagged PLSV Skandi Niterói is awarded a three-year firm plus option contract…
Norwegian offshore vessel owner Solstad ƶijϻ has secured multiple contracts with Petrobras, whose combined value is approximately $240 million (NOK 2.6 billion).The contracts are scheduled to start in the second half of 2024 and first half of 2025…
Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side…
Norwegian vessel owner Solstad ƶijϻ has sold two anchor handling tug supply (AHTS) vessels, securing a profit of approximately $7.1 million for the transaction.The AHTS vessels, Far Sound and Far Scimitar, have been in layup in Asia since 2016 and 2018…