Offshore Activity


ENGIE Fabricom, Iemants JV to Build Hollandse Kust (North) Substation

few minutes ago

A consortium of the Belgian companies ENGIE Fabricom and Iemants will supply the offshore substation platform for the Hollandse Kust (North) wind farm in the Dutch North Sea, TenneT has informed.A wind farm with a total installed capacity of…

Proserv Subsea Controls for IOG's SNS Development

1 hour ago

Independent Oil and Gas (IOG) has awarded Proserv a complete subsea controls system contract for IOG’s Core Project Phase 1 development in the UK Southern North Sea.IOG's Core Project Phase 1 comprises the development and production of the Southwark…

Walney Extension Sells Transmission Assets

1 hour ago

Walney Extension Limited, a joint venture owned by Ørsted (50%), PKA (25%) and PFA (25%), and the operator of the Walney Extension offshore wind farm in the UK, has signed an agreement for the sale of its transmission assets to Diamond Transmission Partners Walney Extension…

WFS, SES Team Up in Subsea Cable Protection Space

2 hours ago

WFS Technologies (WFS) and Subsea Energy Solutions (SES) have joined forces in the space of condition monitored cable protection systems for the offshore energy industry.The collaboration will see WFS utilize its smart wireless Seatooth technologies…

Boskalis, Bouygues, Saipem JV to Build Fécamp OWF GBS

2 hours ago

A consortium of Bouygues, Saipem, and Boskalis has been awarded the contract for design, construction, and installation of 71 concrete Gravity-Based Structures (GBS) which will serve as foundations for the Fécamp offshore wind farm turbines in Normandy…

Prosafe Gets Short Respite from Creditors

2 hours ago

Offshore accommodation rig provider Prosafe has been given some breathing room by its creditors.The company earlier this month said it had agreed on an extension to the forbearance from the non-payments and defaults with a majority of its lenders across its $1…

Siemens Gamesa Confirms Fécamp Wind Turbine Deal

3 hours ago

After EDF Renewables, Enbridge, and wpd on Tuesday announced the sanctioning of the $2,2 billion Fécamp offshore wind project in France, Siemens Gamesa has confirmed it has received the firm order for the supply of wind turbines for the project…

Miclyn Express Offshore Bags Charters for 14 Crewboats in Thailand

4 hours ago

Miclyn Express Offshore, a Singapore-based offshore vessel provider to the offshore energy industry, has secured contracts for 14 of its crewboats.The company on Monday said that 14 of its crew boats have been contracted for a long term charter 'with a leading E&P company in Thailand for 1…

MHI Vestas Wind Turbines for Seagreen Project

6 hours ago

Offshore wind turbine maker MHI Vestas Offshore Wind has signed a conditional agreement for the delivery of turbines comprising 1,140 MW for an offshore project in the UK, Vestas Wind Systems said Monday.MHI Vestas Offshore Wind, a joint venture…

Solstad Offshore Names New CFO

6 hours ago

Norwegian offshore vessel provider Solstad Offshore has appointed Kjetil Ramstad as the CFO position. Ramstad comes from the position as Finance Director in Solstad Offshore and has worked for the company since 2018. Prior to joining Solstad Offshore…

Aker Solutions CFO to Resign

7 hours ago

Norwegian offshore engineering company Aker Solutions has said its Chief Financial Officer Ole Martin Grimsrud will resign in September.Aker Solutions said Tuesday that Grimsrud had given notice that 'he will leave the company September 1, 2020…

Oil Prices Rise Ahead of OPEC+ Meeting on Further Output Cuts

7 hours ago

Oil prices rose on Tuesday, with traders waiting to see whether major producers agree to extend their huge output cuts to shore up prices at a virtual meeting expected later this week.Brent crude futures rose 0.91%, or 35 cents, to $38.67 a barrel as of 0427 GMT…

Nigeria Launches Licensing Round for Marginal Oilfields

7 hours ago

Nigeria has launched its first licensing round for marginal oilfields in nearly 20 years, the Department of Petroleum Resources (DPR) said on Monday, despite court rulings last week that barred some of the fields from being auctioned.Marginal…

Seadrill Warns on Future after Taking $1.2B Write-off

8 hours ago

Seadrill announced a writedown of $1.2 billion on the value of its oil drilling rigs on Tuesday and warned it may have to convert part of its $7.4 billion in debt into equity to survive.'Until such time that an agreement is reached to restructure our borrowing commitments…

Current News

ENGIE Fabricom, Iemants JV to Build Hollandse Kust (North) Substation

Proserv Subsea Controls for IOG's SNS Development

Walney Extension Sells Transmission Assets

Russian JV Orders Walk-to-work Icebreaker

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