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Offshore and Marine (O&M) companies are poised for a bright future, and we are proud to highlight the impressive performances of Dyna-Mac, Marco Polo Marine, and Mermaid Maritime in this evolving landscape! 🚢⚡ 📈 Dyna-Mac Engineering Services Pte Ltd achieved a remarkable 283.9% profit surge for 1H2024, thanks to higher productivity and a strategic focus on niche offshore topside modules. As demand grows, Dyna-Mac is positioned to secure larger contracts while exploring renewable energy ventures like LNG and hydrogen.  📈Marco Polo Marine Ltd is capitalising on strong offshore wind farm demand and continues to expand its ship-chartering business, supporting key sectors like oil, gas, and renewables. 📈 Mermaid Subsea Services (Co) Ltd Saudi Arabia remains a key player in offshore subsea services, with high oil prices and a strong order book driving its earnings recovery, ensuring future growth. With the shift towards renewables and greener projects, these companies are well-placed to thrive in the clean energy transition. 🌍🔋 #DynaMac #MarcoPoloMarine #MermaidMaritime #OffshoreMarine #CleanEnergy #Renewables #OilandGas #SustainableFuture

Mainprize Offshore has operated in the North Sea for over 40 years, gaining extensive experience in the offshore oil, gas and renewable industry. 📘Now, the company is undergoing an era of rapid growth and expansion, as General Manager Steve Evans explained to Hannah Barnett. Read more here 👇 https://lnkd.in/e-Jh3yTT #Marine #Shipping #Offshore

Offshore wind services business Venterra Group has bought Oceanscan Group Holdings, a group of companies that provide subsea and non-destructive test equipment. Oceanscan also provides geotechnical services and specialist personnel for the offshore energy market, and is seen as highly complementary to Venterra’s business. “The addition and integration of Oceanscan into the Group places Venterra at the cutting edge of offshore subsea equipment and offshore sensing technology,” said Venterra Group CEO Ed Daniels. “Oceanscan’s capabilities, asset base and technical knowledge will help to reinforce Venterra’s position as providing one of the most comprehensive survey offerings in the market.” Oceanscan is head-quartered in Aberdeen, Scotland with overseas subsidiaries in Houston and Singapore. In the UK alone it has four subsidiaries – Oceanscan, which calibrates hydrographic survey, ROV sensors and non-destructive test equipment; Hydrographic Personnel Resources, which has specialists working in renewable energy with a focus on construction and inspection; Geoforce Technical Services, which offers cone penetration testing services; and Sercal Non-Destructive Test Equipment, for repair, sales and calibration services. Venterra carried out its fifth equity raise to make the purchase, it says, along with bank facilities for a total investment of £140 million (€168.6 million). “Joining Venterra gives us a bigger platform from which to grow faster and across an even wider range of offshore wind markets,” said Oceanscan CEO Derek Donaldson. “Combining our specialist equipment and geotechnical experience with the expertise that exists within Venterra means we will be able to offer an even more robust set of survey and geosciences services with greater international reach.” Venterra Group was formed as a dedicated offshore wind services platform in 2021, bringing together technical experts in the planning, build and support phases of the offshore wind farm lifecycle. Just this month, on October 1, new CEO Ed Daniels was brought in to replace Philppe Kavafyan. Keep up to date on the latest industry news on Maritime Journal; https://lnkd.in/ep5AhUjh

🚢 Mooring Buoy Market Analysis 2024-2028 🌊 The mooring buoy market is set for significant growth driven by increasing demand across key sectors like oil & gas, shipping, and renewable energy. As maritime trade expands and offshore projects evolve, the need for advanced mooring systems becomes crucial for ensuring safety and efficiency. In this comprehensive report, we delve into the market drivers, trends, and applications shaping the future of the industry. From rising demand in offshore wind power to the integration of advanced materials, discover the opportunities and challenges ahead for the mooring buoy market. 🔍 Key Highlights: ·        Growth Drivers: Expanding offshore oil exploration and stringent maritime safety regulations ·        Technology Trends: Innovations in buoy design, smart mooring solutions, and enhanced durability ·        Regional Insights: Market dynamics across North America, Europe, APAC, South America, and the Middle East Check out the full report to understand how mooring buoys are helping to shape the future of marine infrastructure and offshore operations. 👉 Read the full report: https://lnkd.in/gJrEkyG4 #MooringBuoy #Offshore #MaritimeIndustry #OilAndGas #RenewableEnergy #OffshoreWind #MarineInfrastructure #MooringSystems #Technology #MarketAnalysis #GlobalTrade #MarineBuoy #BuoyDesign #SmartMooring #SustainableShipping

The Hagland team are pleased to present our monthly market report for June 2024! 😎 This report offers an overview of vessel and contracting news across the North Sea, as well as in regions like Asia, Australia, the Americas, and Africa. With a focus on the Spot Market, Subsea, and Renewables vessel segments, including updates on Newbuilding and S&P activity. To receive our future editions or to be added to our distribution list for specialized Subsea, CTV, and W2W vessel market reports, please send a message to one of the emails listed below: 🇬🇧 aberdeen@hagland.com 🇩🇰 esbjerg@hagland.com 🇩🇪 renewables.de@hagland.com 🇳🇴 offshore.no@hagland.com #Offshore #MarketIntelligence #HaglandShipbrokers #OilandGas #RenewableEnergy #Offshorewind #AHTS #PSV #Subsea #Greenenergy #Offshoremarketreport #Vessel #Vesselmarketreport #VesselNewbuilds #HaglandView #MarketReport #NorthSea

Lankhorst Offshore has been awarded a contract by Delmar Systems to supply #mooringlines to Archer Wind for their work on TotalEnergies’ 3 MW Culzean #FloatingWind #pilot project, offshore Aberdeen. The project will produce electricity for the nearby Culzean #gasplatform . https://lnkd.in/eA6fPqew #offshorewind #offshoreenergy #heavyload #HeavyLiftNews

📢 𝐃𝐞𝐥𝐚𝐲 𝐨𝐧 𝐭𝐡𝐞 𝐜𝐚𝐫𝐝𝐬 𝐟𝐨𝐫 𝐟𝐢𝐫𝐬𝐭 𝐨𝐢𝐥 𝐟𝐫𝐨𝐦 𝐟𝐥𝐚𝐠𝐬𝐡𝐢𝐩 𝐍𝐨𝐫𝐭𝐡 𝐒𝐞𝐚 𝐩𝐫𝐨𝐣𝐞𝐜𝐭, 𝐚𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐨𝐫 𝐩𝐮𝐭𝐬 𝐭𝐡𝐞 𝐛𝐫𝐚𝐤𝐞𝐬 𝐨𝐧 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐚𝐜𝐭𝐢𝐯𝐢𝐭𝐲 𝐰𝐡𝐢𝐥𝐞 𝐮𝐧𝐜𝐞𝐫𝐭𝐚𝐢𝐧𝐭𝐲 𝐩𝐞𝐫𝐦𝐞𝐚𝐭𝐞𝐬 𝐔𝐊’𝐬 𝐟𝐨𝐬𝐬𝐢𝐥 𝐟𝐮𝐞𝐥𝐬 𝐚𝐫𝐞𝐧𝐚 With fiscal and regulatory uncertainty surrounding the #UK, as the government ponders environmental guidance revamp for #oil and #gas projects, New European Offshore (NEO Energy) has decided to slow down investment plans across its portfolio. As a result, the start-up timeline for the firm’s #oil redevelopment project in the #NorthSea may be postponed. 𝐑𝐞𝐚𝐝 𝐦𝐨𝐫𝐞: https://buff.ly/4ga1RgR #oilgas #UK #oilandgasnews #Britain #oilandgas #offshoreenergy JERSEY OIL AND GAS PLC Serica Energy plc Photo: FPSO Western Isles; Source: Jersey Oil & Gas

Ensuring Safety and Efficiency: The Crucial Role of Maintenance in Offshore Wind Farm Buoys In the ever-evolving landscape of renewable energy, the maintenance of offshore wind farm buoys plays a pivotal role in ensuring operational efficiency and safety. Regular inspections and maintenance of buoys are essential to prevent equipment failures and enhance the longevity of offshore assets. Skilled teams are deployed to perform routine checks, ensuring that all systems are functioning optimally and any potential issues are addressed proactively. Maintenance activities not only enhance the reliability of buoy systems but also contribute to the overall safety of personnel working in challenging offshore environments. #offshore #windfarm #maintenance #RDSPP

📢 𝐄𝐪𝐮𝐢𝐧𝐨𝐫 𝐛𝐫𝐢𝐧𝐠𝐬 𝐨𝐧𝐥𝐢𝐧𝐞 𝐟𝐢𝐫𝐬𝐭 𝐨𝐟 𝐟𝐢𝐯𝐞 𝐨𝐢𝐥 & 𝐠𝐚𝐬 𝐭𝐢𝐞-𝐛𝐚𝐜𝐤𝐬 𝐭𝐨 𝐞𝐱𝐢𝐬𝐭𝐢𝐧𝐠 𝐩𝐥𝐚𝐭𝐟𝐨𝐫𝐦 𝐨𝐟𝐟𝐬𝐡𝐨𝐫𝐞 𝐍𝐨𝐫𝐰𝐚𝐲 🌊 “This is a key milestone in our plan to continue to develop new resources in a mature area in the Norwegian Sea. Tying in additional resources to our producing hubs is a cost-efficient way to add production and extend the lifespan of our fields in operation. This approach contributes to energy security and job creation in Norway," highlighted Grete B. Haaland, Equinor’s Senior Vice President for Exploration & Production North. ⚓ 𝐅𝐮𝐥𝐥 𝐬𝐭𝐨𝐫𝐲 👉 https://buff.ly/3LeER25 #oilgas #energy #oilandgasnews #offshoreenergy #oilandgas #Norway #NorwegianSea Vår Energi Photo: Kristin platform; Credit: Marit Hommedal/Equinor

Equinor has taken almost a 10% stake in Danish #renewables specialist Ørsted in what appears to mark the first #oilandgas major #investment in a utility as a means to accelerate its #lowcarbon growth.