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
August 2025
