Offshore vessel owner Hermitage Offshore Services, hit by prolonged low oil prices and business fallout from the coronavirus pandemic, said it has voluntarily filed for reorganization under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York…
Oslo-listed offshore vessel owner DOF has through its subsidiary DOF Rederi sold two offshore vessels.DOF said Wednesday it had sold the 2002-built anchor handler Skandi Giant. The AHTS unit has been sold to an unnamed international buyer for an undisclosed fee…
Heerema Marine Contractors' giant semi-submersible crane vessel Sleipnir has broken its recently set heavy lifting record with the removal of Shell's 10100 mT Brent Alpha jacket in the UK North Sea.'This single jacket lift breaks Sleipnir’s recent record for lifting the 8100 mT Jotun-B jacket…
Norwegian offshore vessel owner Solstad Offshore has secured more work for three of its offshore vessels in Australia, following a recently announced deal with BP.As previously reported, Solstad offshore earlier in August said BP would use two…
Turkey dispatched a vessel to conduct a seismic survey in a disputed area in the eastern Mediterranean, a move which Greece said was illegal and is likely to heighten tensions between the two NATO allies.The advisory issued by the Turkish navy…
Anders Opedal, who on Monday was named Equinor's new chief executive, said he wanted the Norwegian oil company to be both best in offshore oil and gas and at the same time have higher climate targets and develop new low-carbon solutions.'I want Equinor to be best in offshore oil and gas…
The Equinor Board of Directors appointed Anders Opedal as its new president and CEO starting November 2, 2020. Eldar Sætre will retire after six years as CEO and more than 40 years in the company.Opedal ascends to the top spot coming from the position as Executive Vice President Technology…
Offshore workers kidnapped from an FPSO offshore Nigeria in an armed pirate attack in July, have been released, the owner of the floating production unit said Friday.In an incident that occurred on July 2, nine Nigerian crew members aboard the BW Offshore-owned Sendje Berge FPSO were kidnapped…
Offshore services company Jan De Nul has signed a final contract to transport and install offshore wind turbines for what will be the world's largest offshore wind farm complex - the 3.6GW Dogger Bank in the UK.Jan De Nul will use its Voltaire jack-up vessel…
The Deep Panuke production platform has been 'de-installed' from the namesake offshore gas field in Nova Scotia, Canada, and will be recycled.The jack-up production platform was delivered to the field back in 2011 by SBM Offshore as part of…
Norwegian offshore supply vessel owner Solstad offshore has secured several contract extensions with oil companies Total and Equinor in Brazil.France's Total has extended the contracts for the platform supply vessel Normand Swift and the AHTS vessel Far Sagaris until December 2020…
Seismic surveyor TGS, a supplier of geological data to the global oil industry, on Thursday said it had made an unsolicited cash offer of $600 million for a key part of rival PGS.If successful, the offer to buy PGS's so-called multi-client library…
The United States has an opportunity to accelerate offshore wind energy growth, and benefit from 28 new gigawatts of wind power and $1.7 billion in U.S. Treasury revenue by 2022, according to a study released by the energy intelligence group Wood Mackenzie…
Vard Marine (VARD) is doubling down on the U.S. offshore wind sector, having recently secured ABS Approval in Principle (AIP) for a second Jones Act service operation vessel (SOV) design.The AIP awarded in June 2020 is for a customized version…
Dry bulk shipowner Scorpio Bulkers on Monday announced it has signed a letter of intent to purchase a newbuild wind turbine installation vessel (WTIV) as a “first step in a transition towards a sustainable business in renewable energy”.Scorpio…