Offshore News


Britain Produced Record Amount of Wind Power in 2022

Jan 06, 2023

Britain’s wind farms contributed a record 26.8% of the country’s electricity in 2022 although gas-fired power plants remained the biggest source of power, National Grid data showed on Friday.Britain has a target to reach net zero emissions by…

Hess Signals Guyana's Seventh Oil Platform

Jan 05, 2023

Hess Corp on Thursday said drilling results expected this month could add a seventh platform in Guyana, which would lift the nascent oil producing nation's output above the 1.2 million barrels of oil equivalent per day planned.The U.S. oil producer…

What's in Store for US Offshore Wind?

Jan 05, 2023

January brings with it the expectation that the United States' first commercial wind farm in federal waters will start generating power by year end, the promise that permitting for close to 5 gigawatts (GW) of projects will be finalized within…

China, Philippines Agree to Handle Disputes Peacefully, Resume Joint Offshore Oil Exploration Talks

Jan 05, 2023

China and the Philippines have agreed to set up a direct communications channel between their foreign ministries on the South China Sea to handle disputes peacefully, they said on Thursday.Their agreement, which contained 14 elements aimed at…

VIDEO: Ocean Infinity's Armada 7801 Robotic Vessel Reaches Norway

Jan 05, 2023

Ocean Infinity's Armada 7801 has reached Norway after a long journey from Vietnam, where its hull was built last year at the Vard Vung Tau shipyard.'Our first new ship has arrived in Norway, having set sail on its maiden voyage from Vietnam in November…

TSC, Offshoretronic in Offshore Wind Monopile Installation Collab

Jan 05, 2023

OTSC Offshore Corporation (“TSC”), a subsidiary of CMIC Ocean En-Tech Holding Co., Ltd. has signed a memorandum of understanding with Spain-based offshore vessel and equipment design firm Offshoretronic.The MoU entails bringing together Offshoretronic's…

Equinor, BP JV Hires DEME for Offshore Wind Cable Installation in U.S.

Jan 04, 2023

Offshore installation services company DEME Offshore has won a 'substantial' contract for the transportation and installation of the inter-array cables for the Empire Wind 1 and 2 offshore wind farms being developed in the U.S. by Empire Offshore Wind…

Partners to Develop Offshore Wind to Ammonia Project in Greenland

Jan 03, 2023

Norway-based H2Carrier announced it has signed a letter of intent (LOI) with Greenland-based Anori to develop the first commercial wind farm in Greenland with subsequent production and export of green ammonia.The wind farm is projected to comprise 1…

Volstad Orders NES Battery Pack for Subsea Construction Vessel

Jan 03, 2023

Norway's Volstad Maritime has contracted HAV Group subsidiary Norwegian Electric Systems (NES) to deliver the battery package and associated control system for battery charging to one of its subsea construction vessels.Bergen-based NES will…

US Lease Sale off Alaska Coast Draws One Bid

Jan 03, 2023

The U.S. government on Friday received just a single bid, from Hilcorp Alaska, for oil and gas drilling rights off the coast of Alaska the first federal auction in the region in more than five years.The offer of nearly 1 million acres in the…

2023 Outlook: The Offshore Service Vessel Market

Dec 30, 2022

The market for offshore support vessels has been through a rather rough few years since offshore exploration and production activity took a nose-dive in 2015 following the oil price crash the year before.The newbuild order boom that came with…

Coast Guard Calls Off Search for Four Missing from Helicopter that Crashed Near Gulf of Mexico Platform

Dec 30, 2022

The Coast Guard called off its search for four passengers onboard a downed helicopter about 10 miles off the coast of Southwest Pass, Louisiana, at 6:15 p.m. Thursday.At around 8:40 a.m., Coast Guard District Eight watchstanders got a call from…

Sembcorp Delivers 8th-generation Drillship Deepwater Titan to Transocean

Dec 29, 2022

Singapore-based shipbuilder Sembcorp Marine has delivered Deepwater Titan, the world’s second 8th-generation drillship, to Transocean subsidiary Triton Titan GmBH.Deepwater Titan is the second of two new 8th-generation drillships constructed…

Russian Pipeline Gas Exports to Europe Drop to a Post-Soviet Low

Dec 29, 2022

Russian gas exports to Europe via pipelines plummeted to a post-Soviet low in 2022 as its largest customer cut imports due to the conflict in Ukraine and a major pipeline was damaged by mysterious blasts, Gazprom data  and Reuters calculations showed…

James Fisher Sells DSV to Seamec

Dec 28, 2022

Marine services company James Fisher and Sons said it has sold another one of its dive support vessels (DSV) to India-based Seamec Limited.The U.K.-based firm announced on Wednesday it entered into a memorandum of agreement for the sale of the 2007-built…

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