Franklin Offshore News


Ocean Winds Lines Up Cadeler’s Vessel for Work at Polish Offshore Wind Farm

Feb 07, 2025

Danish offshore wind installation firm Cadeler has signed a vessel reservation agreement with Ocean Winds for the installation of the wind turbine generators at BC-Wind offshore wind farm in the Polish Baltic Sea.The potential value of the contract…

ECITB: Employers Face Hiring Challenges for Increasingly Aging O&G Workforce

Feb 06, 2025

The Engineering Construction Industry Training Board (ECITB) workforce report has highlighted hiring challenges for offshore oil and gas employers in the U.K, as the average age in the offshore engineering construction industry (ECI) starts falling behind wider industry…

CFE Engineers Delivers Suction Piles for Chevron’s Jansz-lo Compression Project

Feb 06, 2025

CFE Engineers Asia, a subsidiary of provider of rigging and mooring equipment solutions Franklin Offshore, has completed the fabrication and load-out of 12 suction piles for Chevron’s $4 billion Jansz-lo compression project offshore Western Australia…

Aurora Offshore Welcomes First of Three Sea1 High-End Subsea Vessels

Jan 30, 2025

Norwegian vessel management and operations services provider Aurora Offshore, pat of Borealis Group, has welcomed the first of three high-end subsea vessels to the fleet as part of vessels transfer agreed with Sea1 Offshore.The transferred ship…

US Upstream Oil and Gas Deals Reach $105B Last Year

Jan 29, 2025

Dealmaking in the U.S. upstream oil and gas industry hit $105 billion in 2024, the third highest annual total ever, but activity slowed in the second half as buyers found fewer targets to acquire, consultancy Enverus said on Wednesday.Last year's…

Tidal Transit Finds Asian Partners to Build OW Support Vessel Fleet for Korea

Jan 27, 2025

Tidal Transit has signed a memorandum of understanding (MoU) with two Asian firms to develop, fund, build and operate offshore support vessels for the South Korean offshore wind industry.The U.K. supplier of purpose-design crew transfer vessels…

Scottish Inch Cape Offshore Wind Farm Reaches Financial Close

Jan 27, 2025

The financial close for the Inch Cape offshore wind farm, developed by ESB and Red Rock Renewables as equal joint owners, has been reached, raising more than $4.3 billion in funding.The 1,080 MW offshore wind farm, located in the North Sea 15 kilometres off the Scottish Angus coast…

ConocoPhillips Wins $8.37B Arbitration Case with Venezuela

Jan 24, 2025

A World Bank arbitration tribunal has dismissed a request by Venezuela to annul a $8.37 billion arbitration award to ConocoPhillips, clearing the way for the U.S. producer to reclaim compensation for the expropriation of its oil assets in the South American country…

OMSA's Aaron Smith Reflects on Offshore Wind Development Pause

Jan 21, 2025

The Offshore Marine Service Association (OMSA) views President Trump’s Presidential Memorandum to pause offshore wind development projects as a critical opportunity to reassess the industry’s direction.While offshore wind offers tremendous potential for economic growth and job creation in the U…

NYK Launches Japan’s Offshore Wind Ship Management Firm

Jan 14, 2025

NYK and Akita Eisen KK have established a joint company Japan Offshore Support (JOS) to provide ship maintenance and management services for offshore wind power projects, as well as training and employment for seafarersBy actively recruiting local talent…

Audubon Report Outlines Steps for Finding Offshore Wind and Birds Balance in US

Jan 09, 2025

The National Audubon Society has released a report that shares clear strategies and policy recommendations for balancing clean energy demand with conservation in order to combat climate change while protecting birds and their habitats.The report…

Trump Says He Will Revoke Offshore Drilling Ban Immediately

Jan 07, 2025

U.S. President-elect Donald Trump said on Tuesday he will move quickly to revoke an offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden.'Banning offshore drilling will not stand. I will reverse it immediately…

BP and Partners Secure Rights for 450MW Offshore Wind Farm in Japan

Dec 24, 2024

BP and its consortium partners have been selected to develop a 450 MW offshore wind farm in Japan.Aside from BP, the consortium partners include Tokyo Gas, Marubeni Corporation, Kansai Electric Power, and Marutaka Corporation.The 450 MW project will be developed offshore Yuza Town…

JERA-Led Consortium to Develop Japan’s 615MW Offshore Wind Project

Dec 24, 2024

JERA-led consortium, which also includes Green Power Investment and Tohoku Electric Power, have been granted operatorship of a planned 615 MW offshore wind project in Japan.The project is located in the Sea of Japan offshore Aomori Prefecture…

Windward Offshore Lines Up Key Suppliers for New CSOV Fleet

Dec 18, 2024

With four commissioning service operation vessels (CSOVs) currently under construction, German shipowner Windward Offshore has formed strategic partnerships with major industry suppliers such as Ampelmann, MAN Energy Solutions, and others, to ensure safe and high-quality delivery of the vessels…

Current News

Bloomberg News Reports Shell is Looking for a Buyer for Brazilian Oilfield Cluster

Shell is in advanced discussions to buy LLOG Exploration, say sources. The deal will cost more than $3 billion.

ESG Completes Service Operation Vessel Conversion for HOS

Orbital Marine Power Secures $9.31m Investment

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