Ocean Installer, a Norwegian company mostly known for its offshore oil and gas services provider, is increasingly turning towards the offshore wind industry.Following a recent establishment of an offshore wind branch, and the naming of a director to lead it…
Offshore energy consultancy AqualisBraemar has named Dean Zuzic as the group’s new chief financial officer (CFO). Zuzic has more than 30 years of finance and management experience. He has recently held CFO roles at Oslo-listed seismic players TGS-NOPEC Geophysical Company ASA and Spectrum ASA…
U.S. Gulf of Mexico crude oil output remained down 70%, or 1.29 million barrels per day, according to data released on Sunday by the Department of Interior, as companies continued to return crews to offshore facilities that were evacuated ahead of Hurricane Laura…
Allseas' colossal Pioneering Spirit offshore construction - or in this case 'deconstruction - vessel has removed the Ninian Northern platform topsides in the UK North Sea.Located in the North Sea, 160 kilometers northeast of the Shetland Islands…
Norwegian oil services investment firm Akastor will take full ownership of DOF Deepwater, a joint venture with company DOF, as part of the debt restructuring agreement with the JV's lenders. DOF Deepwater operates five mid-sized AHTS vesselsAs…
Jack-up drilling rig contractor Borr Drilling on Friday reported a $109,6 million net loss for the second quarter of 2020, on revenues of $84 million.For comparison, Borr provided the 1Q 2020 figures, in which it posted a loss of $87 million…
The last of three offshore substations for the Moray East offshore wind farm is set to leave the fabrication yard and sail away to its offshore location in the UK North Sea over the weekend.The 950MW wind farm is being developed by Moray Offshore Windfarm East Ltd (MOWEL)…
French oil giant Total has hired marine seismic surveyor Shearwater GeoServices for a 3D survey project in Mauritania.The Norway-based seismic acquisition company said Friday that the contract was for a large towed streamer 3D acquisition and Fast Track processing project…
Oil companies in the U.S. Gulf of Mexico had, by Wednesday 11:30 CDT, evacuated workers from 299 oil companies due to a threat from the hurricane Laura, the U.S. offshore safety body BSEE said. According to the BSEE report Wednesday, oil firms…
Offshore wind installation company Fred. Olsen Windcarrier has won a conditional contract for its Brave Tern jack-up, for wind turbine installation work in Taiwan.The conditional contract is with Liwei Wind Power Co. Ltd., a company wholly owned by wpd Group…
Africa's second-biggest oil exporter, Angola, has unveiled a 2020-2025 energy roadmap which foresees oil discoveries of up to 57 billion barrels of crude oil and 27 trillion cubic feet of gas, state news agency ANGOP reported.The plans involve…
Oslo-listed offshore seismic acquisition company Polarcus has won a new contract in Africa.The seismic vessel fleet owner said Thursday that the survey in West Africa under the newly awarded contract would start in October 2020.The XArray marine…
Deck machinery and equipment company MacGregor, a Cargotec subsidiary, has won what it says is its largest single vessel order.Namely, the vessel owner OHT has ordered a batch of MacGregor equipment for its under-construction offshore wind foundation installation vessel…
Offshore engineering, construction, and services provider McDermott has won a contract with Delta Offshore Energy to provide front-end engineering design (FEED) services for a subsea gas pipeline at its Sisyphus project. The pipeline will connect a regasification platform…
Norwegian offshore oil and gas drilling contractor Odfjell Drilling is stepping out of the comfort zone and into the offshore renewables space.The company, which provides drilling rigs for oil and gas companies, on Thursday announced its investment in Oceanwind AS…