Offshore Activity - page 2

WindServe Marine Secures Loan for Offshore Wind CTV Construction

Feb 01, 2023

WindServe Marine, a U.S. offshore wind support services company, has secured a loan from The Washington Trust Company, for the construction of three new 88-foot crew transfer vessels (CTV), recently commissioned by Ørsted, the largest offshore wind developer in the world…

Oil and Gas Shareholders Were the Biggest Winners of 2022, Westwood Says

Feb 01, 2023

Despite substantial revenues generated by high oil and gas prices in 2022, oil companies are being slow to reinvest and are instead focusing on returning value to shareholders and reducing debt, energy industry intelligence group Westwood said in its 2022 review of upstream oil and gas…

Island Offshore Sells 2013-Built Vessel to UK Defense Ministry for Mine Hunting

Feb 01, 2023

Island Offshore, a Norwegian offshore support vessel owner, has sold its 2013-built offshore support vessel Island Crown to the defense ministry.The vessel, built by Vard, will be converted to support Royal Navy mine-hunting operations – serving…

Curran Confirmed as Permanent CEO of Barryroe Offshore Energy. CFO Elected, Too

Feb 01, 2023

Ireland-based oil company Barryroe Offshore Energy has confirmed the appointment of Alan Curran as Chief Executive.  Curran has held the role of Interim Chief Executive since July 4, 2022.Also, the company, previously known as Providence Resources…

All 47 Turbines Installed at Formosa 2 Offshore Wind Project

Feb 01, 2023

All 47 offshore wind turbine generators have been installed at the Formosa 2 offshore wind project the 376MW Formosa 2 offshore wind project off the coast of Miaoli in western Taiwan.The last wind turbine was successfully installed on January 31…

Horisont Energi Welcomes Fertiberia to Barents Blue Project as Equinor, Var Energi Withdraw

Feb 01, 2023

Norwegian oil and gas companies Equinor and Var Energi said Wednesday they were leaving Horisont Energi's Barents Blue project, which is designed to make ammonia from natural gas from the Barents Sea, capture the CO2, and store it under the seabed…

Aker BP Selects TechnipFMC for Subsea Tie-in Projects in North Sea

Feb 01, 2023

Oilfield services firm TechnipFMC said Tuesday it had won a 'large' integrated engineering, procurement, construction, and installation (iEPCI) contract by with the Norwegian offshore oil company Aker BP for its Utsira High development. For TechnipFMC…

Transocean's Backlog Boosted by $392M Ultra-deepwater Drillship Deal

Feb 01, 2023

Offshore drilling contractor Transocean said Tuesday it had secured a long-term deal for one of its ultra-deepwater drillships.The contract, awarded by 'a national oil company' for work offshore Brazil, is for the ultra-deepwater drillship, Dhirubhai Deepwater KG2…

Neptune Energy Brings Online 10th Well at Cygnus Offshore Field

Feb 01, 2023

Oil and gas company Neptune Energy and its partner, Spirit Energy, said Wednesday that production had started from the tenth well at the Cygnus gas field in the southern North Sea, offshore the UK.Neptune said that the start-up of the well unlocked additional supplies for UK homes and businesses…

Ørsted Says Offshore Business Faced Headwinds in Q4

Feb 01, 2023

Denmark's Ørsted, the world's No. 1 offshore wind farm developer, on Wednesday reported fourth-quarter operating profit in line with preliminary 2022 numbers but said its offshore business faced challenges. 'In a year with unusual market conditions…

U.S. Major ExxonMobil Faces $220M Tax Claim from Russia

Jan 31, 2023

The Russian General Prosecutor's Office is asking a court to recover 15.5 billion roubles ($220 million) in allegedly unpaid taxes from U.S. oil major ExxonMobil , local news agencies TASS and Interfax reported on Tuesday citing court documents…

Marlink Comms Solutions for 102 Miclyn Express Offshore Vessels

Jan 31, 2023

Marlink, a global provider of satellite and digital communication solutions, is implementing a fleet-wide migration of its smart managed network solution for offshore vessel operator Miclyn Express Offshore (MEO Group) to support its ongoing digitalization program…

Delta-shaped Foundation for Giant Floating Wind Turbines Gets ABS Approval

Jan 31, 2023

The American Bureau of Shipping (ABS) has approved in principle the Bassoe D-Floater, a floating offshore wind turbine foundation.It is said that the Bassoe D-Floater foundations will be able to handle 15 megawatt offshore turbines, which will be among the world's largest…

Offshore Drilling Rig Completes Recertification, Ready for Nigeria Contract

Jan 30, 2023

Offshore drilling firm Dolphin Drilling said Monday that its offshore drilling rig Blackford Dolphin had completed a five-year recertification and 'is soon ready' to start its 12-month drilling contract with General Hydrocarbons Limited.The…

TAQA, Fugro in Europe's "First" Uncrewed Offshore Integrity Inspection

Jan 30, 2023

Oil and gas firm TAQA has partnered with the Dutch offshore survey company Fugro for a pilot project using uncrewed surface vessels for underwater inspections.According to TAQA, its Dutch subsidiary TAQA Netherlands is 'the first oil and gas…

Current News

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Intelatus: A Month of Contrasts for U.S. Offshore Wind

Ørsted Extends Edda Mistral SOV Charter

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