Schottel will provide a range of propulsion systems for Louis Dreyfus Armateurs's second wind farm service operation vessel (SOV) the Wind of Hope.The new walk-to-work vessel, a sister vessel to the Wind of Change SOV, is currently under construction…
Inpex sold a liquefied natural gas (LNG) cargo from Australia's Ichthys plant for loading in May at what traders say is a record low price.Inpex had offered two cargoes for loading in May and has sold at least one of them at about $1.70 to $1…
Dutch offshore installation and construction company has installed what it calls the 'Slip Joint' foundation at the Borssele Wind Farm Site V in the Dutch sector of the North Sea.The Slip Joint is an alternative connection between foundation elements…
Dutch company SBM Offshore has announced the sailaway of the last two modules for the Turret Mooring System built for Equinor's Johan Castberg FPSO which will, once completed, be deployed in the Barents Sea, offshore Norway.The modules will…
Østensjø Group's offshore wind business Edda Wind has signed long term time charter deals with MHI Vestas and Ocean Breeze Energy respectively for two of the four offshore wind vessels ordered from Spanish yards. The charter agreement with MHI…
ABS has launched guidance on sanitizing and decontaminating marine and offshore assets exposed to COVID-19, applicable to commercial and naval vessels, as well as drilling units, production installations and other offshore units.'Response Measures…
The National Ocean Industries Association (NOIA) Board of Directors has elected Galen Cobb, Vice President of Industry Relations of Halliburton, as Chairman and Matt McCarroll, President & CEO of Fieldwood Energy, as Vice Chairman for the 2020-21 term…
The Bureau of Ocean Energy Management (BOEM), Gulf of Mexico OCS office published two new studies examining the potential for and impacts of renewable energy projects in the U.S. Gulf of Mexico.“Offshore Renewable Energy Technologies in the…
Danish offshore drilling contractor Maersk Drilling is set to mothball several offshore drilling rigs, and as a consequence, reduce the number of offshore workers, citing low oil prices and the impact of COVID-19 pandemic as the reason.'The…
Oil shipments from nascent crude producer Guyana's prolific Liza field could be affected by a growing storage glut that has contributed to plunging global crude prices, the country's director of energy said.A consortium led by Exxon Mobil began…
Malaysia called on Thursday for disputes over the South China Sea to be resolved by peaceful means, amid a standoff between Chinese and Malaysian vessels that a U.S. think tank said had been going on for months.U.S. and Australian warships arrived…
Offshore installation contractor Subsea 7 has won a 'substantial' contract for work on the first subsidy-free offshore wind farm in the Netherlands.The company has been tasked by Vatenfall to transport and install wind turbine monopile foundations…
Singapore-based offshore drilling rig builder Keppel Offshore & Marine has delivered a newbuild jack-up drilling rig to Norway's Borr Drilling.The rig, named Hild, was built to Keppel's KFELS Super B Class design. The Hild is the sixth jack-up that Keppel has delivered to Borr Drilling…
Italian oil services group Saipem said on Thursday it could not offer new guidance for the year because of the highly unstable environment created by the COVID-19 pandemic and falling oil prices.Last week the group pulled its 2020 outlook saying…
Norwegian offshore vessel operator DOF has warned that several of its vessels might be laid up after the end of their current contracts, citing lack of new work opportunities amid the oil price rout and COVID-19 pandemic effects. On a positive note…