Latest News - page 463


Dutch King Inaugurates Massive Offshore Wind Farm

Sep 29, 2023

Dutch King Willem-Alexander has officially inaugurated the offshore wind farm Hollandse Kust Zuid in the Dutch sector of the North Sea.To mark the occasion the king celebrated the completion of Vattenfall’s largest offshore wind farm to date together with executives of Vattenfall…

Mammoet Assembles Mammoth Crane for Cadeler's Jack-up Vessel Upgrades

Sep 29, 2023

Mammoet has informed it has completed the assembly of its PTC210-DS ring crane, one of the largest in its fleet, in Rotterdam for a heavy-lift project for GustoMSC.The giant 210,000tm crane, which has a maximum lift capacity of 3,200t, will…

Four Firms Apply for CO2 Storage Acreage Offshore Norway

Sep 29, 2023

The Norwegian Petroleum Directorate said Friday it had received applications from four companies with proposed acreage for storing CO2 in the North Sea, offshore Norway.While the applications came from four companies, NPD said it had received two applications…

Danish Power Cable Maker NKT Clinches Record Order in Germany

Sep 29, 2023

Danish power cable maker NKT has been awarded a combination of five on- and offshore power cable projects embedded in a long-term framework agreement by the German transmission system operator 50Hertz.According to NKT, with a combined value of about 3…

Praxis Automation to Equip 59 RVOS Offshore Vessels with DP-2 Systems

Sep 29, 2023

Praxis Automation, a company specializing in ship automation, electrical propulsion, and dynamic positioning systems, will outfit 59 vessels of Saudi-based Rawabi Vallianz Offshore Services's (RVOS) with Praxis DP-2 systems.Under this RVOS fleet-wide contract…

Challenges Loom as Colombia Seeks Offshore Gas Development

Sep 29, 2023

Offshore development of new gas assets has been identified as a key piece to Colombia’s long-term energy security, but significant challenges remain. The size, production capability, and required infrastructure investments all make the situation uncertain…

Vroon Offloads 30 Offshore Service Vessels to Britoil

Sep 29, 2023

Britoil Offshore Services said this week it had acquired 30 offshore service vessels and supporting offices in Singapore from Dutch shipping firm Vroon.'The acquisition will see an expansion of Britoil’s operating footprint into the Mediterranean…

Exxon, Hess Exit Kaieteur Offshore Oil Exploration Block in Guyana

Sep 28, 2023

U.S. oil producers ExxonMobil and Hess Corp have withdrawn from exploring the Kaieteur block in Guyana’s deepwaters, Exxon said on Thursday, after disappointing exploration results.The exit comes as the producers focus on their larger and highly productive Stabroek block…

Biden's Five-year Offshore Oil Plan to Have Historically Few Lease Sales

Sep 28, 2023

The Biden administration's five-year plan for offshore oil and gas leasing will not include any sales in 2024 and will feature the lowest number of auctions in the history of the program in the four years to follow, according to three sources familiar with the matter…

Vestas to Supply 15MW Turbines for Poland's Largest Offshore Wind Project

Sep 28, 2023

Danish wind turbine maker Vestas has secured a firm order to deliver and install turbines for Poland's largest offshore wind farm.The order, from a joint venture between ORLEN and Northland Power, is for the supply of turbines for the 1.14 GW Baltic Power offshore wind farm…

Offshore Wind Vessels: Fixed vs Floating

Sep 28, 2023

How will vessel requirements in the emerging floating offshore wind industry differ from those in the existing fixed-bottom segment? Philip Lewis, director of research at Intelatus Global Partners, weighs in.See the full interview here.

Constellation's Alpha Star Offshore Rig Wins Multi-year Petrobras Contract

Sep 28, 2023

Brazilian oil and gas company Petrobras has awarded a long-term contract for offshore drilling contractor Constellation's semi-submersible drilling rig Alpha Star.According to Constellation, the  US$ 392 million contract has a firm duration of 1095 days plus a mutually agreed option…

No Restart for ExxonMobil's California Offshore Platforms as Judge Upholds Tanker Trucks Ban

Sep 28, 2023

A U.S. judge on Wednesday refused to overturn a California county's decision to block Exxon Mobil Corp from using tanker trucks to ship crude oil from coastal facilities to inland refineries while a ruptured pipeline is fixed.U.S. District Judge…

Financing Secured for 1GW Offshore Wind Project in Taiwan

Sep 28, 2023

Northland Power Inc. said Thursday that its Hai Long offshore wind project in Taiwan had met all conditions to close its 1171 billion New Taiwan Dollars long-term non-recourse green financing. This is the equivalent of around CAD 5 billion, or $3…

Breidablikk Oil Field Gears Up for Production Start-up as NPD Grants Consent

Sep 28, 2023

The Norwegian Petroleum Directorate (NPD) has granted consent for the start-up of production from the Equinor-operated Breidablikk field in the North Sea, offshore Norway.According to NPD, which will change its name to Norwegian Offshore Directorate from January 1…

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