Offshore News


FPSO PTSC Lam Son in Vietnam Gets Contract Extension Worth $27.3 Million

Jun 30, 2023

Malaysian FPSO leasing firm Yinson Production has, through its PTSC AP joint venture company with Vietnam's PTSC, received a 12-month extension for the bareboat charter contract for FPSO PTSC Lam Son, with a further automatic extension of 6 months…

Tidewater Appoints Dick H. Fagerstal Chairman of the Board

Jun 29, 2023

Tidewater has appointed Dick H. Fagerstal non-executive Chairman of the Board.In addition, the Board has reduced the size of the Board from nine to eight members.Fagerstal stated, “I am honored to assume the role of Chairman of the Board of Tidewater at such an exciting time for our industry…

Denmark Puts Off North Sea Energy Island Tender Due to High Cost

Jun 28, 2023

The Danish government has postponed the launch of a tender to establish a North Sea energy island project due to high costs, the country's ministry of energy said on Wednesday.The project included the construction of an artificial island in…

Sale of 37 PSVs to Tidewater: Solstad Offshore's Exit from PSV Sector Imminent

Jun 28, 2023

Norwegian offshore vessel owner Solstad Offshore has revealed the expected completion date for its previously agreed sale of 37 platform supply vessels to the U.S. offshore vessel firm Tidewater.Solstad Offshore in March said it would sell 37…

Italian Cable Giant Ups Emission Reduction Targets for the Near Term

Jun 28, 2023

Italy's Prysmian has adopted a net zero carbon target by 2050 and slightly upped its emission reduction targets for the near term, the world's largest cable maker said on Wednesday.Prysmian - which supplies cables for industries including high voltage power transmission…

Prysmian Selects Name for New Cable Laying Vessel

Jun 27, 2023

Italian power cable making and installation group Prysmian Group has chosen the name Monna Lisa for the new 171-meter cable-laying vessel that is currently under construction in Romania. The vessel is the sister ship to Prysmian's Leonardo da Vinci cable layer…

Havfram Chooses IFS Cloud for Managing Offshore Wind Operations

Jun 27, 2023

Cloud enterprise software company IFS said Tuesday that Havfram, the Norwegian offshore wind company with its two subsidiaries Havfram Wind and Kontiki Winds, has chosen to implement IFS Cloud.Havfram opted for the solutions to manage the urgent needs around its subsidiaries` core businesses…

Offshore Wind Company Will Retrain NY Power Plant Union for Clean Energy Jobs

Jun 26, 2023

An offshore wind developer partly owned by TotalEnergies said on Monday it has agreed to retrain and keep roughly 100 union workers from a New York City natural gas-fired power plant that it intends to repurpose for its project.The company, called Attentive Energy One…

Hybrid Crew Transfer Vessel WINDEA ONE Joins Orsted's North Sea Wind Farm Fleet

Jun 26, 2023

The first 32m parallel hybrid crew transfer vessel (CTV) designed by Incat Crowther for Emden-based EMS Maritime Offshore (EMO) has been delivered, with the vessel already servicing Germany’s offshore wind industry.According to Incat Crowther…

TGT Launches Flow Characterizing Accoustic Platform

Jun 21, 2023

TGT Diagnostics has launched its latest acoustic platform, ChorusX, a new diagnostic resource specifically designed to locate and characterise flow in oil and gas wells.The acoustic array platform enables energy companies to find and map fluid…

Transocean's Deepwater Titan Begins Inaugural Contract for Chevron

Jun 21, 2023

Offshore drilling contractor Transocean said its new eighth-generation drillship Deepwater Titan has started its inaugural contract with supermajor Chevron in the U.S. Gulf of Mexico.Built by Singapore's Sembcorp Marine and delivered to Transocean subsidiary Triton Titan GmBH in December 2022…

Atlantic Offshore to Roll Out Inmarsat LTE Fleet-wide

Jun 21, 2023

Norwegian offshore services provider Atlantic Offshore has agreed to a fleet-wide roll-out of Inmarsat’s all-in-one Fleet LTE service to ensure continuous connectivity in the North Sea.Inmarsat Maritime, a Viasat business, said the commitment…

Offshore Oil Spending to Rise More Than 20% This Year

Jun 21, 2023

Offshore oil and gas exploration spending will increase more than 20% globally this year and the growth will continue into the next, oilfield services firm SLB said on Wednesday.'Offshore is experiencing a renaissance, with significant breadth and anticipated durability…

OMV Petrom and Romgaz Take FID on Neptun Deep

Jun 21, 2023

OMV Petrom, the largest integrated energy company in South-Eastern Europe, and Romgaz, the largest producer of natural gas in Romania, have approved the development plan for the Domino and Pelican South commercial natural gas fields in the Neptun Deep block…

MAN Energy Solutions Sells Gas Turbine Business

Jun 21, 2023

MAN Energy Solutions has announced the sale of its gas turbine business to China’s CSIC Longjiang GH Gas Turbine.CSIC Longjiang GH Gas Turbine (GHGT) develops small and medium-sized gas turbines in a 5 to 50 MW range as well as high performance and combustion technologies…

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