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North Star Inks Contract with Siemens Gamesa for New East Anglia THREE SOV

May 24, 2024

North Star has secured a contract with Siemens Gamesa to build a hybrid service operations vessel (SOV) bound for long-term charter at the East Anglia THREE offshore wind farm in UK.Cochin Shipyard has been confirmed to build the SOV of VARD 4 19 design for North Star’s growing fleet…

Ocean Winds Releases Report on Safe UXO Disposal at UK Offshore Wind Farm

May 24, 2024

Ocean Winds, a joint venture between EDP Renewables and ENGIE, has published a report on environmentally safe and predictable UXO disposal at its Moray West offshore wind farm.The report demonstrates how the “low-order deflagration” method for…

BOEM Issues Final EIS for Two Wind Projects Offshore New Jersey

May 24, 2024

The Bureau of Ocean Energy Management (BOEM) has released the final Environmental Impact Statement (EIS) for two wind energy projects offshore New Jersey, being developed by Atlantic Shores – a joint venture between Shell and EDF.If approved…

Guyana Could Reallocate Gas Areas if Exxon Does Not Move Project Forward

May 24, 2024

An Exxon Mobil-led oil consortium will need to decide by October whether it will go ahead and develop a large natural gas find off the coast of Guyana, the country's vice president said on Thursday.The government has been pressing for a bonanza…

Carimin Buys Crew Boat Newbuild from Penguin Shipyards for $5M

May 24, 2024

Malaysia-based offshore services provider Carimin Resources Services, a subsidiary of Carimin Petroleum, has signed an agreement with Penguin Shipyard Asia for the acquisition of unregistered crew boat newbuild, worth $4.96 million.The newbuild…

Equinor and Partners Invest Over $1.1B in Troll Gas Field’s New Infrastructure

May 24, 2024

Equinor and the Troll partners have decided to invest just over $1.13 billion (NOK 12 billion) to further develop the gas infrastructure in the Troll West gas province, offshore Norway.Equinor said the investment would accelerate production…

China’s CNOOC Acquires Five Offshore Blocks in Mozambique

May 24, 2024

China’s state-run China National Offshore Oil Corporation (CNOOC) has through its wholly owned subsidiaries acquired five offshore oil and gas blocks in Mozambique.CNOOC’s subsidiaries have entered into petroleum exploration and production concession…

UK Launches $60M Offshore Wind Supply Chain Accelerator

May 23, 2024

The Crown Estate has launched Supply Chain Accelerator to catalyze early-stage investment in U.K. offshore wind supply chain.The accelerator is a new $63.6 million (£50 million) fund created to accelerate and de-risk the early-stage development of projects linked to offshore wind…

UK Mooring Specialist Enters Japanese Floating Wind Market

May 23, 2024

Moorings specialist First Marine Solutions has signed a collaboration agreement with Horizon Ocean Management (HOM), a joint venture between Mitsui and Hokutaku, for the development of mooring strategy-related services for the floating offshore wind sector in Japan…

HSM Offshore Energy Doubles Fabrication Capacity to Meet Growing Demand

May 23, 2024

HSM Offshore Energy, a Dutch EPCIC contractor for offshore energy industry, has entered into a long-term lease agreement with Hollandia, securing additional fabrication facility to meet the growing order book from the offshore renewable energy market…

Atlantic Shores Picks Onshore Cabling Contractor for NJ Offshore Wind Project

May 23, 2024

Atlantic Shores Offshore Wind, a 50-50 partnership between Shell and EDF, has selected Creamer-Jingoli to engineer and design the full onshore underground cable route for Atlantic Shores Project 1, New Jersey’s first offshore wind project.Creamer…

Ocean Infinity and Cyan Renewables Team Up for Asia-Pacific’s Offshore Wind

May 23, 2024

Ocean Infinity and Cyan Renewables have signed a memorandum of understanding (MoU) to collaborate on the provision of offshore geophysical and geotechnical surveys, as well as Remotely Operated Vehicle (ROV) inspections and consultancy services…

BP Pauses Gas-Field Talks with Venezuela as License Expires

May 23, 2024

Oil major BP has paused discussions with Venezuela on the development of a gas project on the maritime border with Trinidad and Tobago following the expiration of a U.S. license to Venezuela in April, a company spokesperson said on Wednesday…

Cadeler Secures Vessels Reservation Deal with Mistery Client Worth Up to $760M

May 23, 2024

Danish offshore wind installation firm Cadeler has signed an installation vessel reservation agreement with an undisclosed client, valued up to $760 million, for upcoming wind farm installation projects.If all options are exercised during the four-year agreement…

Norway Boost Offshore Wind Ties with East of England

May 23, 2024

East of England Energy Group (EEEGR) and Norwegian Offshore Wind (NOW) have signed a memorandum of understanding (MoU) to strengthen collaboration between the supply chains in Norway and the East of England.EEGR and NOW share a joint focus on developing world leading supply chains in offshore wind…

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