Offshore News


Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets

Mar 05, 2024

Singapore's Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of liquefied natural gas (LNG) trading firm Pavilion Energy, sources with knowledge of the matter said…

American Offshore Services Takes Delivery of Its First CTV

Mar 04, 2024

American Offshore Services (A-O-S) has taken delivery of its first crew transfer vessel (CTV), Gripper, purpose built to support the U.S. offshore wind industry. The vessel is scheduled to be christened during an official ceremony later this month…

Esgian Week 9 Report: Dolphin, Diamond and Seadrill Updates

Mar 03, 2024

Esgian reports rig-related updates from Dolphin Drilling, Diamond Offshore, and Seadrill in its Week 9 Rig Analytics Market Roundup.Report Outline:ContractsDespite Tullow Oil’s recent announcement that it would take a break from drilling offshore Ghana…

Gulf Cooperation Council Weighs in on Durra Gas Field Dispute

Mar 03, 2024

A Gulf Cooperation Council (GCC) ministerial meeting said on Sunday in a communique that the entire Durra gas field and its natural resources are jointly and only owned by Saudi Arabia and Kuwait, the Saudi state news agency reported.Iran has…

New Grid-Scale Offshore Wind-Solar Project Planned for Italy

Mar 01, 2024

SolarDuck, Green Arrow Capital and New Developments have agreed to collaborate on the development of a floating photovoltaic (PV) farm integrated with a floating offshore wind farm.The Corigliano offshore hybrid wind-solar farm will be located…

US Offshore Wind: Down but Not Out

Mar 01, 2024

“The winds of change are blowing wild and free.” – Bob DylanIn the U.S. offshore wind industry, developments over recent months have placed an exclamation point on the word “wild”. Yes, the wind still blows “free”, but mounting challenges have…

Norway's Oil Industry Resumes Helicopter Flights After Deadly Crash

Mar 01, 2024

Norwegian oil companies resumed helicopter flights to offshore oil and gas fields on Friday following Wednesday's deadly crash off the country's west coast, operator Equinor and airports said on Friday.On Thursday helicopter traffic was halted…

Green(er) Rigs Put Stena Drilling at Forefront of O&G Decarb Push

Mar 01, 2024

As the offshore oil and gas industry transitions to more sustainable practices, drilling rig operators are faced with demands to implement greenhouse gas (GHG) abatement measures as part of their workload. Being the owner of the first ever drillship that secured DNV’s Abate(P) notation…

Trinidad and Tobago Extends Deadline for Shallow-Water Auction

Feb 29, 2024

Trinidad and Tobago on Thursday extended by almost two months a deadline to submit bids for an auction of shallow-water oil and gas blocks, the government said.Trinidad is Latin America's largest producer of liquefied natural gas (LNG) with installed capacity of 15 million metric tons per year…

New York Awards Equinor and Orsted New Offshore Wind Contracts

Feb 29, 2024

New York officials on Thursday awarded provisional contracts to two proposed offshore wind projects under a program meant to support the embattled industry and keep the state's clean energy goals on track.The state selected a planned 810-megawatt project…

Jozwiak Joins GLO Marine as Green Transition Lead

Feb 29, 2024

Maciej Jozwiak joined the GLO Marine team, with his experience expected to enhance the company's technical capacity to deliver high-end services to the retrofit and vessel upgrade market, with a focus on green technologies and decarbonization measures…

Enhancing Environmental Accountability in Offshore Operations via Data Analytics

Feb 28, 2024

As an industry, the offshore energy sector continues to evolve its approach to reducing environmental impact. Looking beyond the mandatory reporting of scope 1 and 2 carbon emissions, focus is now shifting to scope 3 emissions where many global…

ABL on Tow Job for Mero 3 FPSO’s Voyage to Brazil

Feb 28, 2024

Energy and marine consultancy ABL Group has secured a contract by POSH Projects to act as tow master to support and supervise the towage of the Mero 3 FPSO from Yantai in China to Brazilian waters.As part of its scope of work, ABL’s operations…

Esvagt Enters South Korea’s Offshore Wind Market

Feb 28, 2024

Danish vessel owner Esvagt and South Korea-based shipping company KMC Line have formed strategic partnership to cooperate on offshore wind opportunities in the East Asian country.A new collaboration between Esvagt and KMC Line, formalized through the signing of the letter of intent…

Woodside and Kogas Agree LNG Supply Deal

Feb 27, 2024

Woodside has signed a sale and purchase agreement (SPA) with Korea Gas Corporation (KOGAS) for the long-term supply of LNG to Korea.The SPA provides for the supply of approximately 0.5 million tonnes per annum of LNG for a period of 10.5 years on a delivered basis…

Current News

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Norway Clears TGS and PGS Merger

Full Capacity Operations at Tyra II Gas Development Up for Potential Delays

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