Offshore Energy News


Global Offshore to Take Care of Cables at Equinor's Offshore Wind Farms

Mar 02, 2021

Global Offshore, an offshore cable installation, repair, and trenching services provider, has won a multi-year offshore wind farm cable maintenance and management framework agreement with Equinor.Global Offshore, a Global Marine subsidiary,…

Eni Hires Fugro for Offshore Surveys in Angola

Mar 02, 2021

Dutch offshore geotechnical survey firm Fugro has said it has won multiple contracts with Eni in Angola for geotechnical and environmental surveys off the coast of Angola between now and May.Fugro said that two of its vessels are currently active in the region…

Alfa Laval's Pumping Systems to Support Seagreen Wind Farm Installation

Mar 02, 2021

Alfa Laval has won a deal to supply Framo pumping systems for the foundations at Seagreen offshore wind farm, Scotland's largest offshore wind farm project.'It is the second order for pumping systems in this application and marks an important…

Trelleborg Sells Offshore Oil and Gas Business in England

Mar 02, 2021

Sweden-based engineering group Trelleborg said Monday it had signed an agreement and finalized the divestment of its offshore oil and gas operation in Skelmersdale, England.'The company is part of the overall offshore operation in the Businesses Under Development reporting segment…

Ex-MHI Vestas Offshore Wind CEO Joins Floating Power Plant

Mar 02, 2021

Former CEO of MHI Vestas Offshore Wind, Jens Tommerup, joins the board of the Danish renewable energy technology company Floating Power Plant.Floating Power Plant, which is developing a combined wind and wave device, said Monday Tommerup believed…

ENERGY: Oil Rises on Vaccine Optimism, U.S. Stimulus

Mar 01, 2021

Oil prices open March 2021 on a strong note, supported by optimism about COVID-19 vaccinations, a U.S. stimulus package and growing factory activity in Europe despite coronavirus restrictions.Brent crude was up 63 cents or 1% at $65.05 a barrel by 1150 GMT…

MARKET: Why Don’t OSVs Get Scrapped?

Mar 01, 2021

The OSV sector will be reliant on a hitherto unseen amount of scrapping to balance the market, writes Gregory Brown, Associate Director – Offshore, Maritime Strategies InternationalThere is a consensus that an OSV market recovery will only be driven a supply side rationalization…

Plugging the Hole

Mar 01, 2021

Sitting at 49% of the total cost of decommissioning, wells plugging and abandonment (P&A) has long been high on the hit-list on the decommissioning cost reduction agenda. It’s a task that has no returns on the cost to do it, and activity is increasing…

Geothermal Energy: A New Life for Old Offshore Oil Wells?

Feb 28, 2021

Old offshore oil wells could be turned into geothermal energy producers under a plan by a new consortium. The group, The Aquarius North Sea Geothermal Consortium, is “actively” working with North Sea operators to see if old wells could be used to generate geothermal energy for existing platforms…

Denmark Might Not Reach Its 2030 Emissions Reduction Goal as It 'Relies on Unproven Tech'

Feb 26, 2021

Denmark risks not reaching its goal to cut carbon emissions by 70% by 2030 because it is too reliant on unproven technology, an independent council monitoring the effort said on Friday.The Nordic country in 2020 set one of the most ambitious…

UTEC Nets Coral Sul Survey Work Offshore Mozambique

Feb 25, 2021

UTEC, an offshore energy survey firm, has won a survey contract in Mozambique to support the development of Eni's Coral Sul ultra-deepwater FLNG development. Under the contract, awarded by oilfield services giant TechnipFMC, UTEC will be responsible for pre-lay surveys…

Rovco in Management Shift as CEO Set to Lead New Robotics firm Vaarst

Feb 25, 2021

Rovco, a UK-based provider of ROV services to the offshore energy industry, on Thursday said its CEO would lead a new start-up technology company, Vaarst, which will be looking for business opportunities in the wider industrial robotics sectors…

Subsea LiDar Specialist Ventures into Offshore Geophysical Survey Business

Feb 23, 2021

3D at Depth, a company specializing in commercial Subsea LiDAR (SL) laser technology, and a provider of underwater survey services and 3D data solutions, on Tuesday announced the launch of its offshore Geophysical Survey Services division. According to 3D at Depth…

Ashtead Technology Upgrades Tech Center to Support Renewables and Decom Work. Launches Recruitment Drive

Feb 23, 2021

UK-based subsea technology and services provider Ashtead Technology said Tuesday it has invested £ 1million to develop a new R&D and engineering facility in Aberdeenshire to support renewables and decommissioning work. 'Upgrading an existing site at Thainstone Business Park…

Reach Subsea, MMT in 3-year Nord Stream Pipeline Inspection Deal

Feb 18, 2021

Norwegian subsea services firm Reach Subsea has through its cooperation with its Swedish partner MMT won a three-year contract, with two one-year options with Nord Stream AG, the operator of the Nord Stream gas pipeline in the Baltic Sea.The contract is for yearly inspections…

Current News

SLB, Shell Form Alliance to Streamline Digital Oil and Gas Solutions

DEME Set for Monopiles, Cables Installation Job at Polish Offshore Wind Farm

Norway Gives Go-Ahead to Two Consortia in Floating Wind Tender

GE Vernova, Seatrium Ink TenneT Deal for 2.2GW North Sea Grid Link

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