UK-based HydroWing and Dutch tidal energy developer Tocardo are working on a solution that will convert tidal energy into hydrogen, store it and offload it - similar to an FPSO in the oil and gas industry - to overcome the intermittency as well as the transportation issues…
Oil and gas operator Spirit Energy has awarded a long-term offshore crew transfer contract to Belgium-based helicopter operator NHV.NHV said Tuesday the contract was for the provision of transfer services in support of Spirit Energy's East Irish Sea operations…
Brazilian state-owned oil giant Petrobras said on Monday it exported a record 1 million barrels of oil a day in April, beating the previous record of 771,000 barrels a day in December last year.In a securities filing, Petroleo Brasileiro SA…
Global Energy Group's Port of Nigg facility has announced the arrival of the heavy-lift vessel OHT Osprey with the first eight of what will be 103 jacket structures for the Moray East Offshore Windfarm project for DEME Offshore.The Port of Nigg…
A giant crane collapsed on Saturday on Deme Offshore's flagship offshore vessel Orion at Liebherr's yard in Rostock, Germany, during crane load tests.Deme said Saturday that 'a few persons suffered minor injuries.' Deme Offshore said: 'A serious…
Norwegian offshore vessel owner Solstad Offshore has entered into medium-term contracts for six of its vessels.The contracts are for a period of 80 to 170 days each with undisclosed clients. The contracts are expected to start around July 1 and the operations are outside the North Sea…
Offshore drilling contactor Valaris, which is exploring a bankruptcy restructuring, on Thursday said it could take up to two years to reactivate idle equipment as contracts dry up during a historic rout in oil prices.Global oil markets have…
CDWE, a joint venture company between Taiwanese company CSBC and Belgian offshore contractor DEME, has initiated the early works contract for the very first floating heavy lift and installation vessel to be built in Taiwan.To be named ‘Green Jade’…
The Dutch owner of a fleet of offshore jack-up service vessels Seafox has made a non-binding proposal to take over the UAE-based jack-up specialist GMS. Both companies provide offshore service support jack-up units for hook-up and commissioning in the oil & gas and offshore wind industries…
The widescale impact of COVID-19 had not hit when DNV GL Maritime Advisory (DNV GL) was contracted to conduct a cyber security assessment and penetration test for an offshore asset. Before long, however, travel had become a risk, and the parties…
Keppel Offshore & Marine, an offshore construction subsidiary of Singapore's Keppel Corp, expects challenging conditions ahead due to the drop in oil prices but says its business diversification into gas and renewables has paid off.The company…
Schottel will provide a range of propulsion systems for Louis Dreyfus Armateurs's second wind farm service operation vessel (SOV) the Wind of Hope.The new walk-to-work vessel, a sister vessel to the Wind of Change SOV, is currently under construction…
Inpex sold a liquefied natural gas (LNG) cargo from Australia's Ichthys plant for loading in May at what traders say is a record low price.Inpex had offered two cargoes for loading in May and has sold at least one of them at about $1.70 to $1…
Dutch offshore installation and construction company has installed what it calls the 'Slip Joint' foundation at the Borssele Wind Farm Site V in the Dutch sector of the North Sea.The Slip Joint is an alternative connection between foundation elements…
Dutch company SBM Offshore has announced the sailaway of the last two modules for the Turret Mooring System built for Equinor's Johan Castberg FPSO which will, once completed, be deployed in the Barents Sea, offshore Norway.The modules will…
Subscribe
