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Magseis Fairfield's 100th OBN Survey is Also 'First Ever' Carbon Neutral Seismic Survey

May 28, 2021

Norway-based ocean bottom node seismic surveyor Magseis Fairfield said Friday it had completed the acquisition of its 100th OBN survey, and with that announcement also shared what it was doing to become a carbon-neutral company, and what it…

Fred. Olsen Windcarrier Brings in $151M in Offshore Wind Contracts

May 28, 2021

Offshore wind installation company Fred. Olsen Windcarrier (FOWIC) said Friday it had over the previous two months signed three new turbine transport and installation contracts with a combined value of up to 124 million euros ($151 million)…

United Offshore Support Expands into Mexico

May 27, 2021

Following a significant contract win in Brazil, United Offshore Support GmbH (UOS) announced the expansion of its Americas business into Mexico. The Germany-based company recently secured a contract with ENI Mexico, part of Eni S.p.A, to provide…

Reygar Launches Autopilot System for USVs

May 27, 2021

Maritime monitoring and control systems provider Reygar has launched an integrated autopilot and mission planning system for unmanned survey vessels (USVs). The system, called V-PILOT, uses an embedded vessel controller and a shore-side user interface to connect to existing GPS…

Wood to Conduct Pre-FEED for Irish Floating Wind Project

May 27, 2021

Early-stage floating wind farm developer Simply Blue Energy has hired engineering firm Wood for pre-FEED work related to its proposed Western Star floating offshore wind farm, to be located off the west coast of Ireland.Simply Blue Energy plans…

Report: Japan's JX Nippon Eyes $1.5B UK North Sea Fields Sale

May 27, 2021

Japan's JX Nippon wants to sell its British North Sea oil and gas assets including stakes in some of the basin's biggest fields in a deal that could fetch up to $1.5 billion, five banking sources [told Reuters this week].The sale is the latest…

Norway and Germany Open NordLink Power Cable

May 27, 2021

Germany and Norway officially opened NordLink on Thursday, a direct power cable between the two countries that will provide Europe's largest economy with green energy at a time it is phasing out polluting coal power.Norway's electricity production…

For Europe to Meet Offshore Wind Targets, $7,9B in Port Investments Needed, Report Says

May 27, 2021

Some €6.5 billion (around $7,9 billion) in port infrastructure investments will be necessary for Europe to reach its 2030 offshore wind objectives, according to WindEurope.WindEuope, which says that ports are key to offshore wind development…

Maersk Drilling Sells Yme Field-tied Offshore Rig for $373M

May 27, 2021

Danish offshore drilling company Maersk Drilling has struck a deal to sell the drilling and production unit Mærsk Inspirer, on contract with Repsol at Yme offshore field in Norway, to Havila Sirius for $373 million.As part of the deal, Repsol will…

Headwinds: Offshore Wind will Take Years to Carry Factory Jobs to U.S.

May 27, 2021

When U.S. President Joe Biden’s administration approved the country’s first major offshore wind farm this month, it billed the move as the start of a new clean energy industry that by the end of the decade will create over 75,000 U.S. jobs.Industry executives and analysts do not contest that claim…

Innovative Anchoring Solution for ORPC’s TidGen Project

May 27, 2021

ORPC has engaged Sustainable Marine’s Swift Anchors division to provide its novel rock anchoring system for ORPC’s Advanced TidGen Project set to launch in Maine later this year.Swift Anchors will be among a number of subsystems which ORPC will develop…

Archer to Provide P&A Services to Wintershall Noordzee for Up to 42 Wells

May 27, 2021

Wintershall Noordzee, a Dutch joint venture between Gazprom and Wintershall Dea has awarded Archer Oiltools the contract for a plugging and abandonment campaign for the 2021/22 period and for up to 42 offshore wells.Oil services company Archer will provide is Perforate…

Equinor Acquires Base for Polish Offshore Wind Projects

May 27, 2021

Norwegian energy company Equinor has acquired a site at the port of Łeba in northern Poland, to serve as the operations and maintenance (O&M) base for the Polish Baltic Sea offshore wind projects. This, according to Equinor, makes the company…

LNG Demand in Asia to Slow Down Next Year

May 27, 2021

Liquefied natural gas (LNG) demand growth in Asia will slow down next year as the economic recovery stagnates and the capacity of competing fuels nuclear and coal expand in Japan and South Korea, research consultancy Wood Mackenzie said on Thursday…

Exxon Loses Board Seats to Activist Hedge Fund in Landmark Climate Vote

May 27, 2021

A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday, unseating at least two board members in a bid to force the company's leadership to reckon with the risk of failing to adjust its business strategy to match global efforts to combat climate change…

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