Saudi shipyard International Marine Industries (IMI) has inked an agreement with Keppel LeTourneau Middle East (KLET) for the design and construction of offshore rigs.

The mantra “30 by 30” —30 gW of electricity generated from offshore wind by 2030—continues to provide tangible benefits in the form of new orders for shipyards.

London-listed Gulf Marine Services (GMS), an operator of self-propelled, self-elevating support vessels deployed in the oil, gas and renewable energy sectors has announced a 2021 net profit of $31.2m, its first positive result since 2016

A UAE company offering renewables and oil and gas operators the possibility to activate drones capable of both airborne and submersible remote activity across continents is poised to unlock a new chapter in the maritime inspection of offshore...

Norway’s Government has thrown its weight behind a drive to boost the offshore wind sector, laying down a target of 30GW by 2040, and preparing for undersea cable supplies to other European countries.

Cadeler has signed a $345m contract with Cosco Shipping Heavy Industries for a construction of a jack-up foundation installation vessel.

Heerema Marine Contractors has been selected as a supplier by Equinor for the Empire Wind and Beacon Wind projects.

UAE-based shipyard Lamprell expects to win major upgrade work for three jack-up rigs.

Keppel Offshore & Marine (Keppel O&M) has bagged FPSO projects from BW Offshore and Single Buoy Moorings (SBM) worth around SGD250m ($180.3m).

Set to be a key player in the Saudi offshore support vessel (OSV) market, the founders of jv the National Shipbuilding Industries Company (NISC) announced this week it had received its commercial registration.