Milestones

Ørsted has signed a memorandum of understanding (MoU) with Incheon Metropolitan City, Korea, to cooperate on developing a world-class offshore wind power industry in the region. The aim of the agreement is to establish a successful local wind power industry driven by Ørsted’s 1.6 GW offshore wind project off the coast of Incheon.

PGS is awarded a 3D project in the Mediterranean for a major energy company. The Ramform Hyperion is scheduled to start the survey early March and the project has a total duration of approximately 30 days.

Tampnet, the leading provider of high-capacity, low-latency communication networks in the North Sea, and DRYNET GmbH, an innovations leader in maritime IT and telecommunications, are delighted to announce their reseller partnership. This landmark collaboration aims to empower the maritime industry with comprehensive connectivity services, allowing customers to control costs, optimize resources and enhance productivity.

On February 1, 2024, Jumbo Offshore and Sea Horizon Offshore Marine Services signed a memorandum of understanding (MoU). With this agreement, Sea Horizon Offshore becomes the representative of Jumbo Offshore in the Middle East region.

Manta Marine Technologies, formerly known as Yara Marine Technologies (YMT), unveils their new brand and leadership team, following its recent acquisition by Geneva-based Okapi Supply Trading Advisory SA. These changes mark a new era for the company, which intends to expand its existing customer relationships and strong product portfolio to help the maritime industry meet its aims of GHG emission reduction.

Aqua Comms, a leading provider of global subsea connectivity services, has announced that Jim Fagan, who served as the CEO, is leaving the business with immediate effect. Andy Hudson, the company’s Chief Network Officer is now the acting CEO, and Chairman Alan Harper will continue to provide commercial and strategic assistance to the business through the remainder of 2024.

Norwegian shipowner Eidesvik Offshore joins forces with Agalas to build a state-of-the-art Construction Support Vessel (CSV) to perform subsea and offshore wind operations. Equipped with methanol engines and a battery hybrid system the vessel will be the world’s most environmentally friendly vessel within its operating segments.

OEG Energy Group Limited (OEG), a leading offshore solutions business, is pleased to announce that it has completed the acquisition of Marine Coordination Services (MCS) a specialist provider of marine coordination and offshore project services based in the Netherlands for an undisclosed consideration.

Fincantieri announces that it has completed the acquisition of the entire share capital of Remazel Engineering S.p.A. (Remazel) from Advanced Technology Industrial Group S.A. As per the terms previously communicated, the price paid for 100% of the share capital is about 65 million euros.

Solstad Offshore ASA (SOFF) is pleased to announce a new contract for the CSV Normand Tonjer with an international client. The contract has a duration of 18 months firm with the possibility of 2 x 180 days extension.

Susan Ruffo, a demonstrated leader on ocean and climate issues internationally, has been appointed as NOAA’s deputy assistant secretary for International Affairs.

BAR Technologies (BAR), a Wind Propulsion leader and an innovative simulation-driven marine engineering consultancy, has entered into a partnership agreement with Nervion Naval Offshore (Nervion), a pioneer in floating offshore wind platforms, to wholly manage and oversee the production of BAR Technologies’ WindWings® in Europe.