Offshore News


The Curious Case of the 1,200 MW Transmission Size “Limit” in New England

Dec 08, 2023

How the Maximum Contingency of 2,200 MW Was Recast to a 1,200 MW CeilingAs policy makers and energy developers look to develop and interconnect large offshore wind projects in the most economically efficient and least environmentally impactful way…

PTTEP’s New Discoveries in Malaysia Support Cluster Development

Dec 07, 2023

PTTEP has made three consecutive oil and gas discoveries offshore Malaysia and says it is strategically poised to expedite the development of these discoveries through a cluster development approach.Montri Rawanchaikul, CEO of PTTEP, disclosed that PTTEP’s subsidiary…

CAPP Says Canada’s Emissions Cap will be Production Cap

Dec 07, 2023

Canada’s Minister of Environment and Climate Change, Steven Guilbeault, and Minister of Energy and Natural Resources, Jonathan Wilkinson, introduced Canada’s draft framework to cap pollution from the oil and gas sector on December 7. The aim…

Hornbeck Offshore Discloses Revenue Growth in Its IPO Paperwork

Dec 07, 2023

Marine transportation services provider Hornbeck Offshore on Thursday made public its paperwork for a stock market listing in New York, which showed its revenue rose in the three months ended September.The listing will test the appetite for…

US Gives Final Nod to Rhode Island's $1.5 Billion Offshore Wind Farm

Dec 07, 2023

The U.S Federal Permitting Improvement Steering Council on Thursday approved the construction of a $1.5 billion offshore wind farm off the coast of Rhode Island.The project, Revolution Wind, is run by Danish company Orsted and U.S.-based Eversource…

Jan De Nul Inks Two Contracts with TenneT

Dec 07, 2023

Jan De Nul Group together with its consortium partners LS Cable & System and Denys has signed the contracts for two 525 HVDC cable systems for the two grid connection systems BalWin4 and LanWin1. These mark the first two contracts signed under…

DEME, FARIA to Explore Offshore Wind Farms in Greece

Dec 07, 2023

DEME and Greek renewable energy developer and independent power producer FARIA Renewables have signed a cooperation agreement to explore opportunities and co-develop offshore wind farms in Greece. Offshore wind technology is viewed as crucial for achieving global goals towards zero emissions…

Brazil's Locar to Integrate Kongsberg Digital's Vessel Insight

Dec 07, 2023

Kongsberg Digital has partnered with Locar, a Brazilian offshore vessel operator, to enhance its digital infrastructure and optimize DP operations.Locar will integrate Vessel Insight, Kongsberg Digital’s vessel-to-cloud infrastructure to derive valuable data insights from their vessels…

Floating Wind Leasing Round in the Celtic Sea

Dec 07, 2023

The Crown Estate, which manages the seabed around England, Wales and Northern Ireland, has set out further details of a new leasing round for three commercial-scale floating wind projects in the Celtic Sea off the coast of South Wales and South West England…

Orsted South Fork Wind Farm Delivers First Power to NY Electric Grid

Dec 06, 2023

Danish energy company Orsted's South Fork offshore wind farm off New York State delivered its first power to the state's power grid, according to a press release by New York Governor Kathy Hochul on Wednesday.The announcement is a bit of positive…

US Coast Guard Responds to Another GoM Oil Spill

Dec 05, 2023

The U.S. Coast Guard said on Wednesday it was responding to an oil discharge near the Main Pass Oil Gathering (MPOG) Co's pipeline system in the Gulf of Mexico, while the main pipeline and several surrounding ones remained shut in.'The reported…

Drilling Roundup: New Contracts and New Carbon Storage Activity

Dec 05, 2023

Esgian has published its Week 48 Rig Market Roundup highlighting that new contract awards were revealed for a Velesto Drilling jackup, two Seadrill drillships and a Dolphin Drilling semisub. Meanwhile, Wintershall Dea is planning to drill a new carbon storage well in Norway…

DNV Awards AiPs to DSIC for Two Liquefied CO2 Concepts

Dec 05, 2023

DNV has awarded two Approval in Principle (AiP) certificates to Dalian Shipbuilding Industry (DSIC) for the design of a 50,000cbm floating liquefied CO2 (LCO2) storage and injection unit (FSIU) and a 20,000cbm LCO2 carrier.The AiPs confirm the…

Governments Take Action to Keep Offshore Wind Projects on Track

Dec 05, 2023

Governments have decided to pay up to revive offshore wind farm developments after rising costs put at risk multiple projects that are needed to help them cut emissions and reach climate targets.Many countries are relying on a huge and rapid…

CBED Expands Fleet with Two SOVs

Dec 04, 2023

Danish shipowner CBED has acquired two SOVs which are expected to be delivered end of Q1 2024.  Following delivery from seller, Dutch-based shipping company Vroon, both Wind Evolution (formerly Vos Start) and Wind Creation (formerly Vos Stone) will be dry-docked for refurbishing…

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