Offshore energy firms are likely to face greater financial losses from Hurricane Ida than from previous storms in the Gulf of Mexico, because of reduced coverage offered by insurers, risk modeling firm RMS said on Thursday.Ida, one of the most powerful hurricanes ever to strike the area…
U.S. oil offshore losses remained at 76% on Thursday after Hurricane Ida hit the Gulf of Mexico, according to government data, which prolonged outages and caused the first oil cargo shipment cancellations to buyers in Asia.Production should…
U.S. offshore energy support vessel company Atlantic Wind Transfers (AWT) has chosen CrewSmart's management system to ensure compliance and set the benchmark for fleet and personnel management efficiency in the growing U.S. offshore wind market…
Danish offshore crew transfer specialist MHO has earlier this week taken delivery of two hybrid crew transfer vessels, after what was described as an ultimate sea trial.Namely, the vessels arrived in Esbjerg, Denmark after a 12,000 nautical mile journey from China…
Denmark-based offshore wind giant Ørsted has partnered up with Vietnam's T&T to work on offshore wind projects in Vietnam'The collaboration between Ørsted and T&T brings together a multi-GW pipeline of greenfield offshore wind projects located…
Liza Unity FPSO, set to become Guyana's second offshore production unit, has been completed in Singapore and has set sail towards Guyana.Keppel Shipyard, responsible for the construction and integration of the topside modules with the China…
Royal Dutch Shell Plc is beginning the redeployment of personnel to its Appomattox platform in the Gulf of Mexico while damage assessments are continuing at its West Delta-143 (WD-143) offshore facility after Hurricane Ida.As of Wednesday, more than three-quarters of the U…
U.S. oil firm ExxonMobil has made another oil discovery offshore Guyana, this time at Pinktail prospect in the prolific Stabroek Block.The Pinktail well, ExxonMobil said, encountered 220 feet (67 meters) of net pay in high-quality hydrocarbon…
EUHorizon 2020-backed Flotant project has successfully validated an innovative dynamic cable concept for deepwater floating wind projects, unlocking the potential for greater wind power resources at lower cost.The project consortium aims to…
Maersk Training UK has said it has brought its vital ‘industry skills’ program of training onshore for the first time.The company said it hoped that by launching the product line onshore, it would allow its clients across oil and gas, maritime and wind…
Macquarie’s Green Investment Group (GIG) said Thursday it had acquired Fuinneamh Sceirde Teoranta, the developer of the Sceirde Rocks offshore wind farm, in Galway, Ireland. Sceirde Rocks is a proposed 400 MW offshore wind farm, which will be…
Prince Albert II of Monaco on Thursday today christened the new autonomous underwater vehicle 'Albert I. de Monaco' at GEOMAR Helmholtz Centre for Ocean Research Kiel.The AUV “Albert I de Monaco” was built by IQUA Robotics in Spain. It is about 1…
Engineering firm AGR said Thursday it was taking part in a three-year research initiative committed to developing new technologies and processes that aim to significantly reduce the cost of carbon capture related to transport and permanent storage…
Norwegian oil firm Equinor has been granted a for wells 35/10-7 S and A in the North Sea, offshore Norway.The Norwegian Petroleum Directorate, which announced its approval Thursday, said that Equinor would use Seadrill's West Hercules semi-submersible drilling rig to drill the two offshore wells…
Remotely operated vehicles specialist ROVOP has appointed Daniel Wheeler as its new President for the Americas, to lead the company in Houston as it prepares for its next phase of growth in the region both in oil and gas and in the emerging offshore wind sector there…