Offshore News


Finland Probing Russian, Chinese Ships Over Gas Pipeline Damage

Oct 17, 2023

Finnish investigators looking into damage to a Finnish-Estonian gas pipeline said on Tuesday they are probing several ships, including one Chinese and one Russia-owned, which were present in the Gulf of Finland at the time.“Investigation measures have been focused on several vessels…

Will Floating Offshore Wind Drive a Shipbuilding Boom?

Oct 17, 2023

Will the emergence of a floating offshore wind industry drive demand for newbuilds? When would these new vessels be needed? And will there enough qualified mariners to crew them? Philip Lewis, director of research at Intelatus Global Partners, weighs in.See the full video interview here.

Massachusetts Offshore Wind Farm Dodges Lawsuits over Environmental, Fishing Concerns

Oct 16, 2023

A U.S. judge has rejected challenges to federal environmental permits and construction approvals for a $4 billion offshore wind farm near Massachusetts, which commercial fishing groups have claimed will harm whales and impair their businesses…

SBM Offshore Secures Fifth FPSO Contract in Guyana

Oct 13, 2023

Dutch firm SBM Offshore said Friday it had won contracts to perform front-end engineering and design (FEED) for a floating production, storage, and offloading vessel (FPSO) for the ExxonMobil-led Whiptail development project in Guyana.Following…

NY Will Not Change Offshore Wind and Power Sales Contracts

Oct 12, 2023

New York regulators on Thursday denied requests by developers of offshore wind projects and dozens of land-based renewable projects seeking billions of dollars in additional funding for existing contracts to sell power.The state denial could…

Petrobras Expects to Drill near Amazon Mouth in 2024, says CEO

Oct 11, 2023

Brazil's state-run oil company Petrobras expects to do exploratory drilling next year near the mouth of the Amazon River, along the coast of the state of Amapa, Chief Executive Jean Paul Prates said on Wednesday.The region is part of Brazil's Equatorial Margin…

Connecting the Dots: From Remote Operations to Full Autonomy

Oct 11, 2023

Realizing the full value of digital solutions far exceeds the capability of technology. The technology exists today to help offshore energy and maritime operators radically improve efficiency and cut costs in equal measure. The real trick to…

MOL and MOLMEC to Launch DP System Simulator Training Program for Offshore Wind Crews

Oct 11, 2023

Japanese companies Mitsui O.S.K. Lines (MOL) and MOL Marine & Engineering Co. (MOLMEC) said Wednesday they would launch a training program using the Dynamic Positioning (DP) System simulator, targeting crewmembers of self-elevating platform (SEP) vessels and service operation vessels (SOVs)…

Dogger Bank Produces First Power

Oct 10, 2023

The first phase of the Dogger Bank Wind Farm has started exporting electricity to British consumers.The 3.6GW Dogger Bank Wind Farm is being constructed in UK waters 70 nautical miles (130 kilometers, 80 miles) off the coast of Yorkshire in the UK’s North Sea in three 1…

Inspirit Completes CWind Acquisition

Oct 10, 2023

U.K. investment firm Inspirit Capital announced it has completed the carve-out of CWind, a provider of offshore wind support services, from Global Marine Group.CWind completes approximately 60,000 crew transfers annually, utilizing its fleet of crew transfer vessels (CTV)…

Hornbeck Offshore Services to Complete Ultra-High-Spec MPSVs After Legal Settlement

Oct 10, 2023

U.S.-based offshore vessel operator Hornbeck Offshore Services confirmed Monday it had reached a final settlement agreement with the surety (the “Surety”) for two Multi-Purpose Support Vessels (MPSVs) that had been under construction at Gulf Island Shipyards…

Unmanned Surface Vessel Set to Transform Subsea IMR & Offshore Survey Work

Oct 10, 2023

Subsea services company DeepOcean and the Norwegian oil and gas company Aker BP have agreed to 'pioneer' the use of an unmanned surface vessel (USV) for subsea inspection, maintenance, and repair (IMR) and survey work.The first USV is planned to be ready for offshore operations from 2025…

Kuwait Pushes Ahead with Durra Gas Field

Oct 09, 2023

Kuwait's oil minister announced a new strategy to boost fossil fuel production on Monday and said his country would prepare the infrastructure for the Durra gas field, which it shares with Saudi Arabia and Iran claims a stake in.The strategy…

Venezuela, Trinidad Begin Price Talks for Gas Exports from Dragon field

Oct 09, 2023

Venezuela and Trinidad and Tobago, along with firms participating in a joint offshore project, have begun price negotiations for exporting Venezuelan natural gas to the Caribbean island, following a U.S. authorization received earlier this year…

The Headwinds of US Offshore Wind Development

Oct 09, 2023

On March 29, 2021, President Biden announced his ambitious plan to deploy 30 gigawatts (GW) of offshore wind power – enough energy to power 10 million U.S. homes – by 2030. The plan would leverage authorities under the Department of Interior…

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