Milestones

North Star has signed a strategic partnership with VesselMan, a best-of-breed software company specializing in driving smarter and more efficient projects management with innovative technology.

Hexicon AB (Hexicon) signed a Sales and Purchase Agreement (SPA) to take full ownership of MunmuBaram Co., Ltd. from its joint venture partner Shell Overseas Investments B.V. Under the agreement, Hexicon AB will increase its stake in the project from 20% to 100%, increasing the project portfolio by 900 MW. Completion of the transaction is subject to regulatory approval.

Solstad Rederi AS, a wholly owned subsidiary of Solstad Maritime Holding AS, has sold the AHTS Far Sound and AHTS Far Scimitar.

Henrik Helsinghof will return to VIKING as CEO in June to ensure a continuity of leadership.

JERA Co., Inc. (JERA) announced it entered into a sale and purchase agreement with Woodside Energy Group Ltd. (Woodside), a major Australian energy company, to acquire a 15.1% participating interest in the Scarborough gas field development project (the Project). The total consideration of the acquisition of the Project is estimated to be approximately $1.4 billion, which comprises the purchase price and reimbursement to Woodside for JERA’s share of expenditure incurred up to completion. Completion of the transaction is subject to conditions, including obtaining permits and approvals.

Interocean Marine Services (Interocean), the specialist provider of support services to the offshore, energy, marine and renewable sectors, has kicked off 2024 with the announcements of a new Chief Commercial Officer (CCO) and Chief Financial Officer (CFO).

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.