Havila Shipping Banks Q3 Profit as Fleet Use Climbs
reversal from the NOK –30.5 million adjustment recorded in the same period last year.Year-to-date figures also show steady improvement: Havila generated NOK 504.2 million in operating income for the first nine months of 2025, up from NOK 429.2 million in the same period of 2024.Fleet: 14 Offshore Vessels Across PSV, Subsea and RRV SegmentsHavila continues to operate a mixed offshore fleet of 14 vessels, managed from its Fosnavåg base. The lineup includes:10 platform supply vessels (PSVs), four of which are owned by external owners and one held at 50%3 subsea construction vessels, including
DeepOcean Gets Subsea Tie-Back Job in UK
;s scope of work includes the installation of a flexible production riser and flowline, and an umbilical connecting the host facility to the subsea Xmas tree.The scope also covers the protection of the flowline and umbilical, as well as the commissioning of the newly installed infrastructure.Offshore operations will be executed in two phases, with subsea construction and tie-in activities initially, followed by commissioning performed by a second offshore construction vessel from DeepOcean’s chartered fleet.“We’re delighted to announce the award of this subsea tie-back project
Dieseko, CorPower Joint Project to Streamline Offshore Anchor Installations
Dieseko Group and CorPower Ocean have formed a strategic consortium to launch VibroDrive+, a research project aimed at improving offshore anchor design and installation efficiency for marine energy and floating wind applications.Supported by $460,000 in Eureka Eurostars funding, the project will combine Dieseko’s vibro hammer technology with CorPower’s next-generation anchor concepts.The work supports future deployment of CorPower’s wave energy arrays located within and around offshore wind farms, where anchors provide the foundation for large-scale electricity generation from waves.
Sonardyne Takes Charge of Passive Seismic Monitoring for UK’s First CCS Site
Sonardyne will provide passive seismic monitoring services for the Northern Endurance Partnership (NEP) at the Endurance carbon storage site in the U.K. North Sea, expanding its role at the country’s first carbon capture and storage (CCS) project.The added scope builds on Sonardyne’s existing contract to deliver environmental monitoring at Endurance. The company will adapt, deploy and operate advanced ocean bottom seismometers (OBSs) manufactured by Germany’s KUM. The units will be installed on the seabed above the Endurance reservoir, about 75 km off the Yorkshire coast.NEP will
Jasmund Substation Nears Baltic Sea Installation After Topside and Jacket Load-Out
The Jasmund offshore substation project for German grid operator 50Hertz, being delivered by HIS consortium, has reached a key milestone with the load-out of both its topside and jacket, marking a major step toward offshore installation in the Baltic Sea.The topside, built at HSM Offshore Energy’s Stormpolder yard in the Netherlands, measures 48 meters by 33 meters, stands 17.5 meters high and weighs about 4,500 tonnes. The matching 4,500-tonne jacket, rising 72 meters, was manufactured at the Smulders yard in Vlissingen.Both structures were transferred onto barges following detailed planning to
NKT Completes Export Cable Repair at Beatrice Offshore Wind Farm
Danish power cable maker and services provider NKT has concluded a turnkey repair of one of the 220 kV high-voltage AC subsea export cables connecting the Beatrice offshore wind farm in the Scottish Moray Firth to the Aberdeenshire coast.The repair was executed in 38 days, according to NKT, which was hired for the repair job following an unplanned transmission outage that occurred in April 2025 on one of two of Beatrice’s Transmission Capital Partner (TCP) owned export cables.The malfunction reduced the site’s export capacity by 50%, affecting the transmission of renewable electricity for
TGS Secures Monitoring and Survey Extensions Offshore Norway
Data energy and intelligence firm TGS has extended the existing contracts with major international energy company for reservoir monitoring and source services offshore Norway.The extensions are for the provision of reservoir monitoring and source services related to Permanent Reservoir Monitoring (PRM) and 4D Ocean Bottom Node (OBN) surveys on the Norwegian continental shelf.Both extensions have a nominal five-year duration, until 2030, with options to extend for a further five-year period.“We are very pleased that our client extends the current contracts for another five-year period, which
MODEC Forms Dedicated Mooring Solutions Unit
owned subsidiaries MODEC America and SOFEC from the start of 2026, bringing SOFEC fully into the group as a new Mooring Solutions Business Unit.SOFEC, known for its permanent mooring systems and fluid transfer technologies, will continue to supply SOFEC-branded mooring systems to clients across the offshore industry.The company has provided mooring systems for 49 FPSOs and FSOs built by MODEC, including four currently under construction.MODEC has delivered more than 50 floating production solutions for offshore oil and gas developments worldwide over the past five decades. The merger formalizes a longstandi
TGS Getting Ready for Multi-Client 3D Survey Offshore Brazil
Energy data and intelligence firm TGS has outlined plans for the start of Pelotas Norte Phase I multi-client 3D survey in the Pelotas Basin, offshore southern Brazil.Phase I will encompass approximately 14,800 square kilometers across 21 exploration blocks, the majority of which lie in un-held acreage expected to be included in upcoming bid rounds. A Ramform Titan-class vessel is scheduled to mobilize for the survey later in 2025, with project duration running into the third quarter of 2026. The vessel is utilizing TGS GeoStreamer technology for high-resolution 3D seismic data acquisition, with
Seaturns Advances Full-Scale Wave Energy Trials in France
and visual impact studies ahead of securing a temporary maritime occupation permit.Seaturns, headquartered in Bordeaux, is conducting the program in its home region after ending its collaboration with the Open-C Foundation when the parties failed to reach agreement on testing conditions at an offshore site near Saint-Nazaire. The company said the shift allows it to concentrate fully on the Nouvelle-Aquitaine project.Phase II follows a 1:4-scale demonstrator tested in 2023 at IFREMER’s site in Brest. The new full-scale trials aim to validate the floater’s dynamic behaviour, test maintenance
Ørsted to License Low-Noise Monopile Installation Tech, Inks Deal with Luxcara
Ørsted has launched its new offshore installation technology platform, Osonic, after signing a preferred supplier agreement with German energy infrastructure asset manager Luxcara, marking the first commercial step for the company’s low-noise monopile installation method.Osonic uses a jetting-based system that significantly cuts underwater noise during monopile installation, reducing sound levels to just above ambient noise in the German Bight while also enabling cost savings.The technology was developed and matured by Ørsted over several years and was successfully deployed earlier
PXGEO Inks Two Seismic Acquisition Contracts with Petrobras off Brazil
Marine geophysical services company PXGEO has signed two significant contracts with Petrobras-led consortia, to deliver seismic data acquisition and monitoring services in the Santos Basin, offshore Brazil.The projects will run consecutively in 2026 with PXGEO deploying its proprietary MNode 4C ocean bottom node (OBN) technology as part of the scope.The company’s MNode technology delivers a 300-day battery life, enabling extended deployment time, which is well suited for larger, more complex surveys.The enhanced operating time means surveys can run uninterrupted for extended periods, reducing
OPT, Mythos AI Partner Up for Autonomous Maritime Systems Boost
Ocean Power Technologies (OPT) has partnered with Mythos AI to integrate advanced artificial intelligence autonomy software across OPT’s WAM-V autonomous surface vehicles and PowerBuoy platforms.The partnership aims to enhance OPT’s operational performance and expand its range of integrated maritime solutions for customers in the defense, security, and commercial sectors, strengthening its position in the autonomous and intelligent systems market.Under the agreement, OPT and Mythos AI will integrate Mythos’s autonomy stack into OPT’s existing WAM-V fleet, with initial demonstrati
SeaBird Exploration’s Fulmar Explorer to Remain on OBN Duty
Norwegian marine seismic survey services firm SeaBird Exploration, part of SED Energy Holdings, has secured a contract extension for its Fulmar Explorer seismic survey vessel.The three-month contract extension for ocean bottom node (OBN) source work for the 2009-built Fulmar Explorer vessel in the Western Hemisphere.The contract extension brings the firm contract period to mid-March 2026 and the client has additional options to further extend the contract to mid-June 2026.
Viridien, TGS Deliver Results of OBN Survey in Gulf of America
Viridien, in collaboration with TGS, has made available the early out results from the Laconia Phase III ultra-long offset ocean bottom node (OBN) survey in the Gulf of America.The initial 5Hz Acoustic TLFWI (AFWI) Ocean Bottom Node (OBN) products from the Laconia Phase III survey are now available, covering the full 151 Outer Continental Shelf (OCS) block area.These early results demonstrate significant imaging uplift and provide valuable insight to help reduce exploration risk across key Paleogene targets ahead of US lease sale BBG1 (lease sale 262) on December 10, 2025.Building on these results
TGS and Chevron Sign Data Acquisition Deal
TGS and Chevron have signed a three-year capacity agreement for marine streamer and OBN acquisition services.The minimum firm commitment under the three-year term of the capacity agreement is 18 months of a combination of OBN and streamer acquisition services. The parties plan to collaborate on seismic acquisition projects utilizing TGS streamer and OBN crews for exploration and development projects.The agreement will deepen the relationship between Chevron and TGS and drive collaboration on technology development in a wide range of geophysical areas from survey design, acquisition technology, data
Fugro's Profit Beats Estimates Amid Offshore Wind Concerns
Dutch geological data specialist Fugro reported stronger-than-expected core earnings on Friday, but cautioned that worsening conditions in the offshore wind sector and tighter spending by energy firms could weigh on its performance in the final quarter.Third-quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) fell 22% year-on-year to 108.6 million euros ($126.7 million), but came in above the 89 million estimate in a company-compiled consensus."The fourth quarter is expected to be significantly impacted by the continued deterioration in the offshore wind market
Unique Group Scores Multi-Million-Dollar LARS Supply Deal
at its facility in the United Arab Emirates.Delivery of the LARS is expected by the first quarter of 2026.The awarded solution is an Active Heave Compensated (AHC) LARS, featuring a fully electric winch control system and classed to DNV standards, enabling safe and reliable operations in complex offshore environments.“We are proud to partner with CCC on this milestone project. This award demonstrates our ability to combine global engineering expertise with regional manufacturing strength, delivering advanced subsea systems that meet the most rigorous international standards,” said Rakesh
How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance
Sponsored WebinarHow Hot Is Your Cable? Seequent Unlocks Subsea IntelligenceCable temperature drives ampacity, reliability, and lifecycle costs. See how subsurface models and field data help predict, monitor, and manage thermal performance to keep offshore power flowing.Date: Thu, Nov 13, 2025Time: 12:00 GMT / 7:00 AM ETFormat: Live online • 45–60 minutes + Q&AWhy Attend?Subsea cable heating is more than a technical challenge — it’s a strategic opportunity. Understanding and modelling cable temperatures can influence design decisions, regulatory compliance, operational
Fincantieri, NextGeo Shake Hands on USVs for Offshore Energy Sector
Geosolutions (NextGeo) to jointly develop unmanned surface vessels (USVs) and related technologies for the oil and gas and renewable energy industries.The partnership aims to advance next-generation autonomous surface platforms optimized for open-sea operations, environmental monitoring, inspection, and offshore infrastructure integrity management.The collaboration will focus on evolving IDS’s Surface Advanced Naval Drone (SAND) project and creating a new USV model designed to meet the operational needs of major offshore operators.Both companies will integrate new technologies, automation systems
Acteon Finds Delivery Partner for Asia-Pacific Offshore Renewables Projects
Offshore engineering and subsea services firm Acteon and Wynnergy Marine, a Taiwan-based marine solutions provider, have signed a strategic memorandum of understanding (MoU) to jointly deliver renewable energy projects across the region.The partnership supports offshore wind growth in Taiwan by providing integrated solutions that combine subsea services and local marine vessels, enabling stronger local–global collaboration.Together, the companies combine Acteon’s expertise in geophysical and geotechnical site investigations, offshore foundation construction, structural health monitoring
Pharos Offshore Expands Subsea Trenching Fleet with New Unit
Pharos Offshore Group has expanded its subsea trenching fleet with the acquisition of the 620-horsepower UTV620 jet trencher, bolstering its seabed intervention and cable protection capabilities amid rising demand across offshore wind, telecoms, and energy markets.Formerly known as CT1, the SMD-built UTV620 is designed to deliver subsea cable and pipeline burial services.The unit is undergoing upgrades and system enhancements ahead of its first deployment under Pharos in December 2025, marking the start of what the company described as a strategically significant year.The addition of the UTV620
August 2025
