Wagenborg Towage confirmed Monday that Jan De Nul had awarded it a contract for transporting 107 monopile foundations for Gode Wind 3 and Borkum Riffgrund 3 offshore wind farms in Germany to Eemshaven. Assisted by the tug ‘waterlines’, the first…
Offshore drilling contractor Valaris said Monday it had secured contracts for two drillships and one jack-up rig. One of the drillships in question is the Valaris DS-8, which secured a three-year, $500 million contract with Petrobras in Brazil…
Offshore installation company Jan De Nul said Thursday that Les Alizés, its next-generation heavy lift vessel, had sailed away from the CMHI Haimen Shipyard in China and is currently heading for Europe.The vessel was delivered by the shipyard on January 16 and departed Thursday…
Chinese oil company CNOOC Limited said Monday that its Bozhong- Kenli oil fields power from shore project had successfully started operation. The project will power 39 offshore platforms in Bohai Bay, China.The main facilities of the project…
The U.S. Gulf of Mexico, best known to the offshore energy industry as an oil and gas province, is for the first time opening its doors to the offshore wind industry, with the U.S administration on Monday designating two areas for offshore wind development in the region…
Australia's Santos Ltd said on Thursday its third-quarter revenue jumped over 88% to a record high on higher sales volumes and as a global energy crunch boosted liquefied natural gas (LNG) prices.The Adelaide-based company has benefited from…
Offshore drilling company Valaris said Thursday it had secured new drilling rig contracts and contract extensions, worth $149 million in total. The contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements…
Norway's Equinor is considering selling a 28% stake in the Statfjord field, which straddles the Norwegian and British continental shelves, alongside minority stakes in several satellite fields, a presentation seen by Reuters showed. The company has hired U…
Offshore drilling contractor Valaris on Wednesday announced that Chris Weber has commenced his role as senior vice president and chief financial officer, having been appointed to the role in late May.Weber previously served as CFO of LUFKIN Industries…
Offshore drilling firm Valaris said this week it has recently secured offshore drilling contracts and extensions worth $466 million in total, with the majority of the new backlog filled by a $327 million drillship deal with Equinor in Brazil…
Subsea services company DeepOcean has chartered Volstad Maritime's M/S Volantis subsea construction vessel, which will, before starting the charter in 2023, be upgraded with batteries to reduce fuel consumption and emissions.The time charter…
Offshore drilling contractor Valaris on Wednesday announced multiple contracts and contracts extensions worth $181 million in total for its offshore drilling rigs. The contracts were awarded after Valaris last issued its fleet status report on February 21…
Oil prices tumbled more than $6 on Monday as fears over weaker fuel demand in China grew after financial hub Shanghai lockdown efforts to curb a surge in COVID-19 infections.Brent crude LCOc1 futures slid as low as $113.72 a barrel and were trading down $5…
Offshore installation firm Jan De Nul said Thursday that Les Alizés, its next-gen floating offshore installation vessel had been launched at the CMHI Haimen shipyard in China.The vessel is now ready for the final construction phase, including sea trials…
Offshore vessel owner Tidewater on Tuesday announced the appointment of Melissa Cougle to its Board of Directors, effective immediately. Cougle most recently served as Senior Vice President and Chief Financial Officer of Frank’s International until November 2021…
