Manila Times Business
SBM Offshore and Solstad Offshore in partnership for a new installation vessel
Amsterdam, June 1, 2026 SBM Offshore and Solstad Offshore have formed a joint venture, which has entered into a Letter of Intent with a selected shipyard to order a new-build next-generation multi-purpose deepwater installation and construction vessel. The new vessel is targeted for delivery in the first half of 2029. The new vessel will support the installation of ocean infrastructure, including FPSOs, and reflects the Company’s ambition that ocean infrastructure will contribute to drive a sust
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Source: manilatimes.net
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