A fatal incident has occurred aboard one of the vessels of Tidewater, a subcontractor of Equinor, resulting in the death of a crew member.The incident took place on Polaris platform supply vessel (PSV) on June 2, 2025, while the vessel was on the Atlantic Ocean engaged in normal operations. Emergency response procedures were immediately initiated, and despite the efforts of the crew and emergency response agencies…
Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days this week.After Israel attacked Iran and Tehran pledged to retaliate, oil prices jumped as much as 13% to their highest…
A second person died from their injuries in hospital following a fire at a Chevron-operated oil platform offshore Angola, bringing the number of fatalities to three, government and company officials said late on Tuesday.Two workers were initially…
DNV has completed the technology qualification (TQ) of Subtera’s passive terahertz sensor technology designed to detect corrosion under insulation (CUI) and the trapped moisture that causes it, a pervasive challenge in industrial plants.CUI…
Glomar Offshore’s offshore supply vessel (OSV) Glomar Venture has reportedly hit the foundation of an offshore wind turbine in the Dutch North Sea, leaving two crew members injured in the accident.The Royal Dutch Sea Rescue Society (KNRM) received…
New Jersey officials on Monday said the state would not grant awards for new offshore wind contracts, a sign that U.S. President Donald Trump's order to review the federal offshore wind program is putting a chill on the industry.The announcement…
For any business, ensuring the health and safety of its employees should be the number one priority – what is more, it’s a legal requirement.This is especially true when a company has employees that need to work alone. Whether it be in construction…
A Finnish court today denied a request for the release of an oil tanker suspected by police of damaging an undersea power line and four telecommunications cables in the Baltic Sea last week. The incident was one of several since 2022 in which…
Ocean Winds has extended its long-term operations and maintenance (O&M) contract with Principle Power for the 25 MW WindFloat Atlantic Project, the world’s first semi-submersible floating wind farm, located offshore Portugal.Since the project’s first WindFloat unit was installed in 2019…
At a recent seminar in London organized by the International Underwriting Association of London (IUA) and the Association of Average Adjusters (AAA), participants heard how ignoring or not fully understanding the concept of General Average (GA)…
Soaring costs, project delays and limited investment put targets out of reachAfter a year of canceled projects, broken turbines, and abandoned lease sales, the global offshore wind industry no longer has much chance to hit the lofty targets set by governments in the U…
Orsted said that the demand for green power will continue to grow in the United States, regardless of the person who is elected as president. However, the group also pointed out construction issues and increased costs at an offshore wind farm in the United States…
A Biden administration auction of offshore wind development rights in the Gulf of Maine drew $21.9 million in high bids for half of the eight areas offered, the U.S. Bureau of Ocean Energy Management said on Tuesday.Offshore wind developers Avangrid AGR…
- An expanding Hurricane Milton churned toward Florida's battered Gulf Coast on Tuesday, where more than 1 million people were ordered to evacuate a day before the monster storm is forecast to slam the Tampa Bay area.Milton, which exploded on…
The first commercial application of Volvo Penta’s IPS Professional Platform will power Northern Offshore Services’ next-gen crew transfer vessel. Longtime collaborators Volvo Penta and N-O-S aim to more than satisfy the unique requirements of a possible 25x increase in offshore wind production…
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