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Over 8 GW of Floating Wind for California, But Who Will Build It?

Dec 08, 2022

As the dust settles from Wednesday's California floating wind auction, and developers begin to discuss their plans, energy industry intelligence firm Intelatus says development of the floating wind manufacturing and installation supply chain must speed up…

Saipem to Buy 7th-gen Drillship from Samsung Citing Growing Rig Demand, Dayrates

Dec 05, 2022

The Italian energy industry services firm Saipem has decided to buy the 7th-generation Santorini drillship from Samsung Heavy Industries, citing rising dayrates and an optimistic forecast for offshore drilling rig demand.To remind, Saipem first chartered the drillship from Samsung in late 2021…

PGS Bags Mediterranean 3D Survey Deal

Nov 24, 2022

The Norwegian offshore seismic survey company PGS said Thursday it had secured a 3D exploration acquisition contract in the Mediterranean with an unnamed independent energy company. The company's 104.2-meter-long and 70-meter-wide Ramform Hyperion vessel will start the survey in late November…

Intelatus: Almost 30,000 Offshore Wind Turbines to Be Installed by 2035

Nov 17, 2022

Over the last few years, many statements have been made concerning growth in offshore wind turbine and foundation installation demand. These statements have been followed, in some cases, by firm orders for high-specification vessels, mainly from established players…

Reygar’s DDPR System Installed on Windcat Workboats' Crew Transfer Vessels

Nov 17, 2022

Windcat Workboats, a crew transfer vessel provider for the offshore wind industry, has installed Reygar’s Digital Daily Reporting System, Digital DPR, across its entire fleet of over 50 workboats.'The Digital DPR (DDPR) app runs from a touchscreen…

US Offshore Wind Update: New Construction Kicks Off

Nov 07, 2022

October saw the first offshore construction activity for a commercial scale U.S. offshore wind farm. Two cable layers have commenced the laying of Vineyard Wind’s export cable. This important milestone was also accompanied by complaints around…

Shell Hires Helix for Well Decommissioning Work Offshore Brazil

Oct 31, 2022

Helix Energy Solutions Group, Inc. has secured a deepwater well decommissioning contract with Shell in Brazil.The scope of work includes plug and abandonment services on subsea wells located in the Bijupira and Salema fields. Helix will supply the Q7000 riser-based well intervention vessel…

BP Joins Rivals With Bumper $8.2B Profit

Nov 01, 2022

LONDON, Nov 1 (Reuters) - BP more than doubled its third-quarter profit from a year earlier to $8.15 billion, lifted by strong natural gas trading, as it expanded its share buybacks by $2.5 billion amid rising calls to increase taxes on the energy sector…

Allseas Says Audacia Vessel Sets Pipelaying Record in Malaysia

Oct 28, 2022

Offshore installation firm Allseas said Friday that its pipelay vessel Audacia had recently broken a pipelaying record in Malaysia.'Congratulations to crew who installed 4 kilometers of pipeline in 24 hours, beating the previous best of 3.8 kilometers for Malaysian waters…

US Offshore Wind Growing on Sturdy Foundations

Oct 18, 2022

Once again, the events of the last month have shown that the drive to grow the U.S. offshore wind segment has lost little steam. The foundations are firmly in place to support the deployment of 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050…

VIDEO: AD Ports' SAFEEN Buys Subsea Service Vessel

Oct 21, 2022

AD Ports Group's subsidiary SAFEEN has acquired a support vessel to boost the company's subsea service capabilities.Built in 2014, the vessel, previously known as the Nordic Prince, will operate under the name ‘SAFEEN Surveyor’ and will undergo an extensive conversion prior to starting operations…

Dolphin Drilling Wins $96M Offshore Rig Contract in Nigeria

Oct 05, 2022

Offshore drilling company Dolphin Drilling has secured a 12-month offshore drilling rig contract with Nigeria-based General Hydrocarbons Limited (GHL). The contract is worth $96 million.The contract is for the 1974-built Blackford Dolphin semi-submersible drilling rig…

CORRECTED - Waldorf Agrees to Buy KNOC-owned Dutch N. Sea Gas Producer Dana

Oct 06, 2022

Corrects with Dana Petroleum spokesman comment to clarify deal refers only to Dutch business.Korea National Oil Corporation agreed to sell the Dutch assets of North Sea oil and gas producer Dana Petroleum to private firm Waldorf Production,…

Petro Rio to Buy TotalEnergies' Stake in Itaipu Field

Sep 26, 2022

Brazilian oil company Petro Rio has signed a deal with TotalEnergies for the acquisition of a 40% interest in the BM-C-32 Block (“Itaipu Field” or “Itaipu”).Together with the 60% interest in Itaipu acquired from BP in July 2021, this transaction…

Dolphin Drilling Lists on Norwegian Stock Market

Sep 15, 2022

Offshore drilling rig contractor Dolphin Drilling has confirmed that it will be activated on the Euronext N-OTC list as of Thursday, September 15, 2022.The listing is the first step towards a public listing of the Company on Euronext Growth Oslo by the end of October…

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