JV in Korea
Marco Polo Marine has established a joint venture in South Korea with local partner NSEL, strengthening its presence in the country’s offshore vessel market.
[Read more…] about JV between Marco Polo Marine and NSEL from KoreaJoint venture acquires full ownership of 10 floating wind projects
Wind Energy – Full Ownership
The joint venture between Nadara and BlueFloat Energy has confirmed that Nadara will acquire BlueFloat’s stake in the JV’s floating offshore wind projects in the UK and Italy and become the sole owner.
[Read more…] about Joint venture acquires full ownership of 10 floating wind projectsJoint venture DEME/Boskalis starts installing rocks for Equinor
General – Rock Installation
On the North Sea, Boskalis’ subsea rock installation vessel Seapiper has started its first installation project in Europe.
[Read more…] about Joint venture DEME/Boskalis starts installing rocks for EquinorU-Ming and Purus launch UPO
General – Joint Venture
U-Ming Marine Offshore and Purus have officially launched UPO Holdings.
[Read more…] about U-Ming and Purus launch UPOBP-JERA halts U.S. offshore wind plans
General – USA
The joint venture between BP and Japan’s JERA has announced it will suspend development of its only U.S. offshore wind project, Beacon Wind, citing unfavourable market conditions and escalating financial pressures across the offshore energy sector.
[Read more…] about BP-JERA halts U.S. offshore wind plansAesen and DOC launch JV in Singapore
General – Cable Transport, Storage and Logistics
Singapore-based Aesen and Dutch Offshore Contractors Holdings have officially formed Aesen DOC Cable Logistics Pte. Ltd.
[Read more…] about Aesen and DOC launch JV in SingaporeRWE, Apollo forming JV to invest in German Grid
General – New JV
Apollo yesterday announced that Apollo-managed funds and affiliates have agreed to commit €3.2 billion of equity to a newly established joint venture with RWE, Germany’s largest power producer and a global leader in renewable power generation.
[Read more…] about RWE, Apollo forming JV to invest in German GridShell and Equinor announce joint venture
Fossil Energy – Joint Venture
The UK North Sea’s largest independent oil and gas producer is called Adura.
[Read more…] about Shell and Equinor announce joint ventureShip management company for OWP projects in Akita Prefecture
Wind Energy – CTVs in Japan
In December 2024, Nippon Yusen Kaisha (NYK) jointly established Japan Offshore Support Co. (JOS) together with Akita Eisen KK. to provide ship maintenance and management services for offshore wind power projects, as well as training and employment for seafarers.
[Read more…] about Ship management company for OWP projects in Akita PrefectureAcquisition Tungsten Explorer Drillship
Fossil Energy – Drillship
Offshore drilling contractor Vantage Drilling and French energy major TotalEnergies have created a joint venture (JV) entity TEVA Ship Charter to acquire Vantage’s drillship Tungsten Explorer.
[Read more…] about Acquisition Tungsten Explorer Drillship