Offshore News


OGA: UK North Sea Gas Less Carbon Intensive than Imported LNG

May 26, 2020

Gas produced from the offshore platforms in the UK North Sea is less carbon-intensive than LNG imported in the UK, the UK oil and gas regulator OGA said Tuesday.According to the OGA analysis, the production of natural gas from the UK Continental…

VIDEO: First Drone Delivery for World's Biggest Offshore Vessel

May 26, 2020

Allseas' giant Pioneering Spirit offshore construction and decommissioning vessel last week provided a stage for what is believed to be the Netherlands’ first drone to vessel delivery.Mobilizing in Rotterdam’s Alexiahaven for upcoming platform removal projects…

Mammoet Lands its ‘Biggest Ever’ Contract at Arctic LNG 2 Project

May 25, 2020

Dutch heavy lift and transportation company Mammoet has said it has won its largest-ever contract at the Arctic LNG 2 project in Russia.Mammoet said Monday the contract was awarded by Technip-led joint venture NovArctic in cooperation with Saipem and NIPIgas…

Low Oil Prices Could Spur Offshore Decommissioning Wave

May 25, 2020

The total value of the global pool of offshore oil and gas decommissioning projects that will accumulate through 2024 could reach $42 billion, with the North Sea region taking up the biggest chunk, most notably the UK part, energy intelligence company Rystad Energy said in a report…

Fugro Gets $17.3M from Huawei Marine Networks Deal

May 25, 2020

Dutch offshore services provider Fugro has said it has received $17.3 million from the sale by Global Marine Group of a 30% stake in Huawei Marine Networks (HMN) to Hengtong Optic-Electric Co Ltd.  The proceeds are in addition to EUR 34.0 million…

Prysmian Targets Half of Sales from Low-Carbon Products by 2022

May 25, 2020

Prysmian, the world's largest cable maker, pledged on Friday to raise the share of revenues from low carbon products to 50% by 2022 as part of plans to cut its carbon footprint.The Italian company, which supplies cables for industries ranging…

Esvagt CEO: No Job Cuts and Furloughs

May 22, 2020

At these difficult times when companies involved in the offshore industry are cutting jobs across the board as one of the ways to preserve cash, there's one offshore vessel operator that, while indeed cutting salaries, is keeping the jobs in place…

Nauti-Craft, ST Engineering Working on Offshore Wind CTV

May 22, 2020

Australia's Nauti-Craft and Singapore's ST Engineering Marine Ltd, the marine arm of Singapore headquarters ST Engineering, have signed a letter of intent to explore options of collaborating on crew transfer vessels (CTV) for the offshore wind industry…

Hornbeck Offshore Files for Chapter 11 Bankruptcy

May 19, 2020

Hornbeck Offshore Services has filed for chapter 11 to implement a prepackaged reorganization plan, according to a court filing in the U.S. Bankruptcy Court in Houston.The U.S.-based offshore vessel owner with more than $1 billion in long-term…

Longitude Designs Cable Layer for Taiwan Wind Farm Ops

May 19, 2020

Longitude Engineering, an LOC Group company, has said it has provided concept and basic design services, as well as construction specification for yard engagement and procurement activities, for a new DP2 cable lay ship for Woen Jinn Harbor Engineering (Woen Jinn)…

Siemens Gamesa Launches 14MW Offshore Wind Turbine

May 19, 2020

Wind turbine maker Siemens Gamesa has unveiled a new SG 14-222 DD offshore Direct Drive wind turbine with 14-megawatt (MW) capacity.The capacity can reach up to 15 MW using the company’s Power Boost function. The turbine will have a 222-meter diameter rotor…

Five Injured at Triton Knoll Offshore Wind Farm

May 19, 2020

Five people were injured earlier this month while working on the Seaway Heavy Lifting's Seaway Strashnov installation vessel on the Triton Knoll offshore wind farm project in the UK.This was confirmed to Offshore Engineer by innogy, the operator of the offshore wind development…

Russian Pipe-laying Vessel Moors at Nord Stream 2 Hub in Germany

May 18, 2020

A Russian pipe-laying vessel Academic Cherskiy which Moscow can use to finish laying pipes for the Nord Stream 2 gas project, has moored near the German logistics hub in Mukran, Refinitiv Eikon tracking data showed on Monday.Led by the state gas company Gazprom…

DOF in Standstill Agreement with Lenders

May 18, 2020

Norwegian offshore support and subsea service vessel owners DOF and DOF Subsea have reached stand-still agreements with lenders representing to 93% secured debt of DOF companies. The agreement means all payments of principal and interest to…

SeaMar OSV Deep Helder Hired by MMT

May 15, 2020

The SeaMar Group said its offshore support vessel Deep Helder has been hired on a six-month contract to support seabed mapping work for MMT. The contract for the 2014-build DP2 survey and ROV vessel will start in July 2020.Leo Balkema, Managing…

Current News

Bloomberg News Reports Shell is Looking for a Buyer for Brazilian Oilfield Cluster

Shell is in advanced discussions to buy LLOG Exploration, say sources. The deal will cost more than $3 billion.

ESG Completes Service Operation Vessel Conversion for HOS

Orbital Marine Power Secures $9.31m Investment

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