Gulf Marine Services is acquiring a mid-class liftboat to join its 14-vessel fleet within weeks, supporting a plan to double adjusted EBITDA with 2024 as the base year by 2030 while keeping net leverage below two times.
VARD summarises NuProShip II findings on integrating small Gen-4 reactors into offshore vessels, including a helium-cooled reactor concept, DP2 redundancy review, and the SFI SAINT follow-on.
Noble adds about $1.3 billion backlog from nine rig awards, led by a three-year Noble GreatWhite Norway contract plus work in Nigeria, Guyana, the U.S. Gulf, Trinidad and South America.
Nine North Sea countries will sign a Hamburg declaration to build 100GW of joint offshore wind by 2050, using multi-country interconnectors to bolster energy security and regional power links.
McDermott wins a major ADNOC EPCI award for the Nasr-115 expansion offshore the UAE, part of Nasr Phase II targeting 115,000 bpd by 2027.
Norway’s offshore safety authority Havtil has allowed Aker BP to station Floatel Endurance at the Skarv field in the Norwegian Sea, with additional charters lined up for Yggdrasil in 2026 and FPSO Alvheim in 2029.
India is strengthening shipbuilding and maritime cooperation with South Korea, combining Korean technology and India’s cost-competitive workforce to expand its fleet and support its 2047 shipbuilding goals.
Allseas and Boskalis marked the start of Taiwan’s YT2 offshore gas pipeline. Offshore execution is scheduled to commence in 2027 for the 232-kilometre, 36-inch line.
McDermott has completed load-out followed by sail-away of three jacket transport barges at CPOE’s Qingdao yard under RUYA EPCIC 11, part of a five-year Ruya programme at Qatar’s Al Shaheen field targeting 550,000 bpd and about 100,000 bpd of extra output by 2027.
