Offshore News


Sinopec Signs 27-Year LNG Supply Deal

Nov 05, 2023

State-owned Chinese firm Sinopec signed a new 27-year LNG supply and purchase agreement with QatarEnergy, the two companies said on Saturday.Under the agreement, the two companies will cooperate on the second phase of the Gulf Arab state's North Field expansion project…

Ship Shortage Dealt Death Blow to Orsted's New Jersey Offshore Wind Hopes

Nov 05, 2023

Danish energy firm Orsted's shock decision to cancel two offshore wind farms off New Jersey this week was based in large part on big delays securing the ship it needed to build the project, company officials said.The world's biggest offshore wind…

Second Gas Cargo Heads to Finland's LNG Terminal After Pipeline Rupture

Nov 03, 2023

A tanker carrying Norwegian liquefied natural gas (LNG) is set to arrive at Finland's Inkoo terminal overnight, vessel tracking data showed on Friday, making it the second cargo since the Oct. 8 outage of a Finnish-Estonian gas pipeline.The Arctic Princess…

Viking Supply Ships Takes Delivery of Andreas Viking AHTS

Nov 03, 2023

Swedish offshore vessel owner Viking Supply Ships has taken delivery of the Andreas Viking AHTS, previously known as the Far Senator.In March 2023, Viking Supply Ships said it would take two Ocean Yield-owned AHTS vessels, Far Senator and Normand Statesman…

US Postpones Gulf of Mexico Oil and Gas Auction Due to Litigation

Nov 02, 2023

The Biden administration on Thursday postponed a Nov. 8 sale of offshore drilling rights in the Gulf of Mexico pending the outcome of a lawsuit over oil and gas development and federal protection of an endangered species of whale.The move comes after a U…

Wagenborg Offshore Takes Delivery of Subsea Support Vessel Kingsborg

Nov 02, 2023

Wagenborg Offshore has taken delivery of the Kingsborg subsea support vessel.Kingsborg is a subsea support vessel, converted from a platform supply vessel, that will support subsea activities and decommissioning works in the southern North Sea in a long-term agreement with an energy major…

White House Says It is Committed to Offshore Wind Despite New Jersey Setbacks

Nov 02, 2023

The Biden administration on Wednesday said it is committed to supporting the nascent U.S. offshore wind industry despite challenges that prompted the cancellation this week of two major planned projects off the coast of New Jersey.The White…

Solstad Offshore Sells Laid Up AHTS Vessel

Nov 01, 2023

Solstad Offshore's subsidiary, Solstad Rederi, has sold the Anchor Handling Tug Supply (AHTS) vessel Nor Spring.The 2008-built, 70-meter-long AHTS vessel has been in layup in Asia since 2020. 'Delivery of the vessel to the new owner took place today…

U.S. Approves Construction of 2.6 GW Offshore Wind Project

Nov 01, 2023

The U.S. Department of Interior on Tuesday approved the construction and operations plan for the 2.6 GW Coastal Virginia Offshore Wind project, located approximately 23.5 nautical miles off Virginia Beach, VA.This is the fifth approval of a…

Brazilian Offshore Uptick Could Tighten US OSV Fleet

Nov 01, 2023

Increased activity in the Brazilian offshore oil and gas sector could help strengthen the market recovery for offshore supply vessels (OSV) in the U.S. Gulf of Mexico.In early October, Brazilian state-owned oil company Petrobras issued requests for quotations (RFQ) for up to 20 OSVs ranging from 3…

US Offshore Wind Writedowns Seen Soaring with Orsted Earnings

Oct 31, 2023

European energy companies, including Denmark's Orsted, will likely write down more of their U.S. offshore wind investments this week after BP and Equinor booked $840 million in impairments in recent days.Orsted, the world's largest offshore wind developer…

DOF to Manage AHTS Duo Previously Owned by Havila Shipping

Oct 31, 2023

Norwegian offshore vessel owner Havila Shipping said Monday it had sold the platform supply vessel Havila Commander and the AHTS vessels Havila Jupiter and Havila Venus, following demands from lenders.A day later, Norway-based offshore vessel…

Crowley Names Guthman VP of Business Development for Wind Services

Oct 31, 2023

Crowley has named offshore wind veteran Christy Guthman as vice president of business development for its Wind Services business as the company grows in the clean, sustainable energy sector.Guthman most recently served as executive general manager…

China Cooperating in Balticconnector Investigation, Finland Says

Oct 31, 2023

Finnish Prime Minister Petteri Orpo on Tuesday that China was cooperating in Finland's investigation of the Hong Kong-flagged NewNew Polar Bear vessel's role in the Oct. 8 damage to the Balticconnector pipeline.Finnish police leading the criminal…

M3 Marine (Offshore Brokers) UK Ltd Appoints Robert Day as Managing Director

Oct 31, 2023

M3 Marine (Offshore Brokers) UK Ltd (M3OBUK) – a newly established London-based broking company focusing on the offshore and renewables sectors, announced on Tuesday the appointment of Robert Day as its Managing Director.Day brings with him almost a decade of experience…

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