Offshore News


BSO, MOW Ink US Offshore Wind JV

Oct 25, 2019

Bernhard Schulte Offshore GmbH (BSO) and MidOcean Wind (MOW) have entered into a joint venture to build and operate support vessels for the US offshore wind industry as well as explore opportunities in other sectors of U.S. merchant shipping…

Reaping Wind at Sea: A $1 Trillion Industry

Oct 25, 2019

Offshore wind could become a cornerstone of the world's power supply as steep cost reductions and improved technology unleash the potential of the green energy source, said the International Energy Agency (IEA) on Friday.Renewables replacing…

Chinese Ship Exits Vietnam's Waters After Disputed Surveys

Oct 24, 2019

A Chinese oil survey vessel that has been embroiled in a tense standoff with Vietnamese vessels in the South China Sea left Vietnamese-controlled waters on Thursday after more than three months, marine data showed.The Chinese vessel, the Haiyang Dizhi 8…

Jan De Nul Group Opts for SCHOTTEL

Oct 24, 2019

Jan De Nul Group’s new Offshore Jack-Up Installation Vessel (JUV) Voltaire – built at COSCO Shipyard in Qidong, China, and set set to be delivered in 2022 – will be powered by propulsion solutions from SCHOTTEL. The four rudderpropellers and…

RINA Classes Prysmian Cable Layer

Oct 24, 2019

The recently named cable laying vessel Leonardo Da Vinci, set to join the fleet of energy and telecom cable systems company Prysmian Group in the second quarter of 2021, incorporates innovative features that required the new battery power class…

WFW Advises on Race Bank Wind Farm Deal

Oct 22, 2019

Watson Farley & Williams (WFW), an international law firm based in London, said that it has advised Race Bank Wind Farm Limited on its USD 608 million sale of transmission system assets relating to the 573 MW Race Bank offshore wind farm to Diamond Transmission Partners…

Temasek Bids $3 Bln for Control of Keppel

Oct 21, 2019

Singapore state investor Temasek Holdings is offering to buy control of conglomerate Keppel Corp in a S$4.1 billion ($3 billion) deal that could hasten a consolidation in the rig building sector which is battling the effects of low oil prices…

Østensjø Rederi Orders Four Newbuilds

Oct 21, 2019

Aiming to meet increasing demand in the offshore wind market, Norwegian owner Østensjø Rederi said it has signed a letter of intent (LOI) for the construction of four commissioning service operation vessels (CSOV) to be built at at the Astilleros Gondán shipyard in Spain for delivery from 2022…

Jutal Offshore Wins Contracts Worth $490m

Oct 17, 2019

Chinese oil and gas techincal services company Jutal Offshore Oil Services has announced that the company has obtained a slew of new contracts with total value of RMB3.5bn ($490mln).The number of new contracts include large-scale core modules construction of Arctic LNG 2 natural gas project…

Drilling Activity Buoyant in Norway

Oct 16, 2019

The number of wells drilled could challenge all-time high levels by the end of the year in the Norwegian Continental Shelf (NCS), while global offshore exploration activity has been flat year-to-date.Rystad Energy expects that this high activity…

Boa Offshore Wins AHTS Contracts

Oct 14, 2019

Norwegian offshore supply vessel owner Boa Offshore is awarded contracts by The Norwegian Defense Logistic Organization (FLO) to charter two vessels for the state’s emergency response preparedness.The BOA Group offered prime assets, the BOA BISON and the BOA JARL…

Atlantic Offshore Orders Hybrid Package for OSV Pair

Oct 11, 2019

Technology group Wärtsilä said it will engineer, supply and install complete battery hybrid packages to two offshore supply vessels (OSV) owned by Norwegian-based operator Atlantic Offshore. The 746 kWh battery hybrid systems will be installed…

EDS HV Wins Kincardine Grid Contract

Oct 09, 2019

UK based high voltage engineering company EDS HV Group has provided grid connection system studies to the 50MW Kincardine floating offshore wind farm off Scotland's Aberdeen coast.EDS was contracted by Spanish developer and construction company…

Northern Drilling Cancels Drillship Resale Contract

Oct 08, 2019

Offshore drilling contractor Northern Drilling announced it has cancelled a resale contract for the 7th generation ultra deepwater drillship West Cobalt, which had been scheduled for delivery from South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) in 2021…

Bourbon Rhode Search Continues

Oct 08, 2019

Search teams continue to scour the Atlantic Ocean for traces of seven mariners still missing offshore tug supply vessel Bourbon Rhode, which sank near a category 4 hurricane in September, the vessels' owner said.'To date, the search operations…

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