German multinational chemical company BASF has completed the acquisition of 49.5% of the 1.5GW offshore wind farm Hollandse Kust Zuid from Sweden-based Vattenfall.Construction of the wind farm in the Dutch North Sea started in July, with he…
Norwegian offshore vessel owner Eidesvik and oil and gas firm Aker BP are developing a project which aims to reduce emissions from existing offshore supply vessels.The project called 'Retrofit' will evaluate various solutions for converting…
Offshore drilling company Borr Drilling said Thursday it had secured a letter of award for its jack-up drilling rig Mist.The deal is with an unnamed operator in Southeast Asia, and the drilling program is set to begin in November 2021.Subject to final confirmation…
Shell said its crew-change heliport in Houma, Louisiana, sustained 'significant damage' as a result of Hurricane Ida and that it would halt crew changes to and from its sites until a temporary heliport is established.The company said it is still assessing assets that were in the path of the storm…
Oil and gas firm Neptune Energy, the operator of the giant Cygnus gas field in the UK North Sea, on Thursday announced the start of the first Walk to Work (W2W) campaign at the field.'A program of brownfield modifications, maintenance, and…
Chevron Corp on Wednesday said its offshore facilities in the Gulf of Mexico appeared to be undamaged after Hurricane Ida. The company also said it began redeploying personnel to assess the damage to its offshore facilities in the U.S. Gulf of Mexico from Hurricane Ida and to restore production…
Japan-based Shimizu Corporation has signed an offshore wind partnership agreement with the Dutch offshore installation giant Heerema Marine Contractors.The cooperation, targeting the Japanese offshore wind market, is primarily focused on installing turbine foundations…
Cameroon Oil Transportation Company (COTCO) has awarded Maersk Supply Service a mooring system maintenance project contract for a Floating Storage and Offloading unit offshore Cameroon.The contract is for the second phase of the mooring maintenance…
Australia's conservative government introduced legislation on Thursday that could help clear the way for offshore wind farms to go ahead in a country considered to have massive offshore renewable energy potential.The long-awaited legislation will set up a framework for building…
Offshore energy companies have started searching for new bases away from Louisiana's devastated ports as oil and gas companies launch efforts to resume their Gulf of Mexico operations.Port Fourchon, a key hub for the offshore industry, was slammed…
Italian oil company Eni on Wednesday announced a major oil discovery in block CI-101 offshore Ivory Coast.'The potential of the discovery can be preliminarily estimated at between 1.5 and 2.0 billion barrels of oil in place and between 1.8 and 2…
FPSO supplier BW Offshore has secured a $1.15 billion loan for the construction and operation of the FPSO for Australia-based Santos' Barossa offshore gas field.Earlier this year Santos and BW Offshore signed a contract for the delivery of an FPSO for the Barossa gas field…
Oilfield services giant TechnipFMC has shed more light on vessel contracts it recently secured with Petrobras in Brazil in cooperation with the Norwegian offshore vessel owner DOF.DOF last week said it had, in JV with TechnipFMC, secured three…
Global Underwater Hub, a newly formed UK-based subsea industry organization, has appointed Andrew Hodgson, a former CEO of Tyneside-based subsea engineering firm Soil Machine Dynamics, as its first chair. Hodgson will take up the role as the…
After the Biden administration on Tuesday said it would resume oil and gas lease sales, paused since January, National Ocean Industries Association (NOIA) said the move was good news for jobs and government revenues, and 'in no way a setback for climate progress…