Offshore News


N-Sea Names New Chief Executive

May 23, 2019

N-Sea Holding announced Thursday it has appointed Arno van Poppel as Chief Executive of the Netherlands based subsea inspection, maintenance and repair (IMR) services provider.van Poppel succeeds Gerard Keser, who steps down from his current…

TenneT Issues EUR1.25bln Green Bond

May 22, 2019

Netherlands-based transmission system operator TenneT Holding B.V. has launched and priced another Green Bond issue of EUR 1.25 billion, with proceeds set to be used for investing in offshore wind.The Green Bond issue is split in two tranches…

BMT Unveils New Vessel Designs

May 21, 2019

BMT has introduced two vessel designs aimed at Taiwanese offshore wind operations.In March, BMT's Specialized Ship Design division attended an official keel laying ceremony for its new 36-meter service accommodation transfer vessel (SATV). BMT…

Industry Standard Decom Contract Drafted

May 20, 2019

Law firm HFW said it has helped shipping association BIMCO draft an industry standard offshore decommissioning contact.The contract – DISMANTLECON – has been approved by BIMCO's Documentary Committee and will be released at the end of June, along with guidance notes…

North Sea Oil Production May Go Down

May 17, 2019

On top of production declines in Iran and Venezuela, ongoing OPEC cuts, Urals contamination outages in Russia and maintenance in Kazakhstan, North Sea production is also struggling, Rystad Energy said.'Currently we see unplanned outages at Oseberg and Flotta with combined impact of 160…

Statfjord Loading Still Shut After Spill -Equinor

May 16, 2019

Equinor has still not identified the source of an oil spill at its Statfjord field in the North Sea, and the loading of crude onto tankers remains shut, the Norwegian company told Reuters on Thursday.The leakage consisted of 'small observations' of oil on the surface of the ocean…

Horizon Maritime Sets Up Norwegian Arm

May 15, 2019

Canadian based Horizon Maritime announced it has taken delivery of the newly rebranded support vessel Horizon Arctic, paving way for the establishment of its new Norwegian operation.The former Bourbon Arctic, now sailing under the name Horizon Arctic…

Oil Spill at Statfjord

May 15, 2019

An unspecified amount of oil was observed on the sea surface early Wednesday morning in connection with loading oil from buoy to shuttle tanker on the North Sea Statfjord field, Equinor announced.The loading operations were stopped when this was discovered…

Wilson Sons Vessel Converted in Brazil

May 13, 2019

A platform supply vessel (PSV) owned and operated by Wilson Sons UltraTug Offshore has been converted to a shallow dive support vessel (SDSV) for a Petrobras job offshore Brazil.The vessel, Fulmar, needed an upgrade from DP1 to DP2 Class notation…

Wärtsilä to Power a Dozen COSL PSVs

May 13, 2019

Wärtsilä announced on Monday it has won a contract to supply 40 generating sets for 12 new liquefied natural gas (LNG) fueled platform supply vessels (PSV), the first such vessels to be built for a Chinese owner. The vessels are being built…

Survitec Restructures Offshore Division

May 13, 2019

Survitec Group, a manufacturer of marine safety and survival equipment, has restructured its offshore division to better serve customers with assets operating in the oil, gas and wind (renewable) energy sectors, it said.The reorganization of…

Ørsted Orders CTV Pair in the US

May 09, 2019

Orsted U.S. Offshore Wind has entered into an agreement with the offshore wind support services provider WindServe Marine LLC to construct a two purpose-built offshore crew transfer vessels (CTVs).The first CTV will be built by US Workboats in Hubert…

From KPMG: Visions of Cheese

May 08, 2019

Whilst we are seeing a clear uptick in activity and the UK oil and gas industry is certainly on the way up again, the industry must continue to move forward. However, under current market conditions, how can companies capitalize on change whilst remaining stable and sustainable and…

OREDA Goes Digital

May 07, 2019

The offshore and onshore reliability data project by Norwegian Petroleum Directorate(NPD), OREDA goes digital with new collaboration to improve accessibility and efficiency for oil and gas industry reliability data, said DNV GL.Vast amounts…

DNVGL: New Mooring Line Solution for Offshore Ops

May 06, 2019

DNV GL has developed a solution that is designed to reduce the risk of offshore floating vessel mooring line failure going undetected by replacing physical sensors with a machine learning algorithm that accurately predicts line failure in real time…

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