Offshore News


PXGEO Extends Siem Dorado MPSV’s Stay

Jul 22, 2024

Norwegian offshore vessel owner Sea1 Offshore, formerly Siem Offshore, has secured contract extension with marine geophysical services company PXGEO for its multi-purpose support vessel (MPSV) Siem Dorado.The current contract with PXGeo for…

South Korea's KOMIPO Cancels Plans for LNG Import Terminal

Jul 22, 2024

South Korea's Korea Midland Power (KOMIPO) has cancelled plans to build a liquefied natural gas (LNG) import terminal on the western coast of the country due to high costs and declining demand for the fuel.KOMIPO said in a statement to Reuters…

Parkwind Installs Vessels Charging System at Noblewind Offshore Wind Farm

Jul 22, 2024

JERA’s Parkwind has installed a vessels charging system, supplied by UK-based MJR Power & Automation, at its Noblewind offshore wind farm in the Belgian North Sea.The boat charging station system at sea has been designed to minimize greenhouse…

Esgian Week 29 Report: New Drilling Plans in Guyana and Norway

Jul 21, 2024

Esgian provides an update on new drilling plans in Guyana and Norway in its Week 29 Rig Analytics Market Roundup.Report SummaryContractsADES has secured a 10-year contract extension for 250-ft jackup Admarine 657 offshore Saudi Arabia, commencing…

DOF Group Wins Multiple Deals with Petrobras in Brazil

Jul 19, 2024

Norwegian offshore supply vessel company DOF Group has secured multiple contracts with Petrobras for work offshore Brazil.AHTS Skandi Jupiter and AHTS Skandi Mercury, both under management contracts with DOF, have been contracted by Petrobras…

RWE Secures Offshore Wind Site in Australia

Jul 18, 2024

RWE has been granted a feasibility licence from the Australian Government for the development of an offshore wind farm close to the Kent Group islands in the Bass Strait, off the Gippsland coast in the state of Victoria. This area is Australia’s first designated offshore wind zone…

Vineyard Wind Incident Not First Time a GE Vernova Turbine Came Apart

Jul 18, 2024

An incident at the Vineyard Wind offshore wind energy project this week that scattered shards of fiberglass across Massachusetts beaches was the latest in a series of failures involving wind turbines built by GE Vernova.At least one other GE Vernova offshore wind turbine came apart this year…

Canada's Tenaz Energy to Buy Dutch NAM's Offshore Assets

Jul 18, 2024

Canada's Tenaz Energy on Thursday said it had entered into an agreement with NAM, a joint venture between Shell, ExxonMobil and the Dutch government, to acquire all issued and outstanding shares of NAM Offshore B.V. for 165 million euros($180…

Vineyard Wind Warns of More Debris from Wind Turbine

Jul 18, 2024

Vineyard Wind on Thursday warned that more debris from a broken offshore wind turbine could wash ashore along the Massachusetts coast after a large remaining portion of the damaged blade fell into the ocean.Vessel crews are working to remove the debris…

Trinidad's Court Reaffirms Recognition of ConocoPhillips' Claim Against Venezuela

Jul 18, 2024

Trinidad and Tobago's High Court on Thursday reaffirmed a decision recognizing U.S. oil producer ConocoPhillips' arbitration claim against Venezuela, which could freeze the Caribbean country's payments to its neighbor for joint natural gas projects…

Turkey to Send Ship to Search for Oil and Gas Off Somalia Coast

Jul 18, 2024

Turkey will send an exploration vessel off the coast of Somalia later this year to search for oil and gas as part of a hydrocarbon cooperation deal between two countries, Turkish energy ministry said on Thursday.'We will send our Oruc Reis vessel at the end of September…

Bourbon, Opsealog Form Digital Partnership to Cut OSV Fleet Emissions

Jul 18, 2024

Enhanced fleet monitoring and data-driven optimization will be deployed across Bourbon’s global marine and logistics fleet of 104 vessels as part of partnership with Opsealog, aimed at boosting efficiency and reducing greenhouse gas (GHG) emissions…

Rem Offshore Orders New CSOV from Vard

Jul 18, 2024

Norway-based offshore vessel owner Rem Offshore has signed a contract with shipbuilder Vard for the design and construction of a new commissioning service operation vessel (CSOV) for offshore wind services.This will be the third CSOV Vard will deliver to Rem Offshore…

Santos Indicates Growth Projects are Progressing Well Despite Q2 Revenue Dip

Jul 17, 2024

Santos said on Thursday growth projects were making good progress, with flagship Barossa natural gas development now 77% complete as Australia's second-largest fossil fuel producer makes attempts to speed up its ambitious forward strategy.Barossa…

US Orders Stop to Vineyard Wind Construction

Jul 17, 2024

A federal agency has ordered a wind farm off the coast of Massachusetts to stop power production and construction until an investigation determines whether a blade failure affects other turbines, it said on Wednesday.Vineyard Wind's offshore…

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