Otto Candies Llc News


Prysmian Installs Vineyard Wind 1 Cables

Oct 23, 2023

Italian power and telecom cable-making and installation services firm Prysmian Group said Monday it had completed the installation and HV testing activities at Vineyard Wind 1, the first commercial-scale offshore wind farm in the US. Located more than 15 miles off the coast of Massachusetts…

Equinor Acquires Stake in US Bayou Bend CCS Project

Aug 28, 2023

Norwegian oil and gas company Equinor said on Monday it has acquired a 25% stake in Bayou Bend CCS LLC, a U.S. project to capture and store carbon dioxide (CO2) emissions along the Gulf Coast in southeast Texas.The acquisition adds to Equinor's…

Hornbeck Offshore Eyes U.S. Offshore Wind Work with OSV-to-SOV Conversion Project

Jul 12, 2023

U.S. offshore vessel owner Hornbeck Offshore Services, best known for its offshore oil and gas support vessel services, is looking at business opportunities in the growing U.S. offshore wind sector as well as in offshore accommodation services in the oil and gas area…

PetroNor to Receive Up to $85 Million in Guinea-Bissau Offshore Block Farm-Out Deal

Jun 28, 2023

Oil and gas company PetroNor E&P ASA has agreed to farm out 100 per cent of its participating interest in the two exploration licenses offshore Guinea-Bissau to an SPV owned by Apus Energy DMCC, a subsidiary of Petromal.According to the agreement…

Substation for First Commercial-scale US Offshore Wind Farm Leaves Denmark

May 25, 2023

The offshore substation and jacket foundation, bound for the U.S. offshore wind project Vineyard Wind 1, have left the quay at Bladt Industries’ production site in Southern Denmark, heading for its destination 35 miles from mainland Massachusetts…

BOEM Completes Environmental Analysis of New Jersey Offshore Wind Project

May 22, 2023

The U.S. Bureau of Ocean Energy Management (BOEM) said Monday it had completed its environmental analysis of the proposed Ocean Wind 1 wind project offshore New Jersey, which could power up to a half million households.As part of the Ocean Wind 1 project…

NYK's First Domestic CTV Named "Rera As"

Mar 20, 2023

Last week  at the Wind Expo Spring 2023 in Tokyo, NYK announced the name of a crew transfer vessel (CTV) for the Ishikari Bay New Port offshore wind farm, for which NYK has a multi-year time charter contract with Siemens Gamesa.At the naming presentation with James Tham…

Nexans' Cables for US' First Grid-connected Wave Energy Test Facility

Feb 22, 2023

Nexans, a company specializing in making and installing power cables, has secured a contract for PacWave South, the United States' first grid-connected wave energy test facility.PacWave is a joint venture between the US Department of Energy…

Lukoil, KazMunayGas in Caspian Sea Collaboration

Feb 09, 2023

Russian oil firm Lukoil has signed several agreements with Kazakhstan's KazMunayGas in Astana regarding the Kalamkas-Sea, Khazar, Auezov subsoil area development project in the Kazakhstan sector of the Caspian Sea. They define the rights and…

Mayflower Wind Changes Name to SouthCoast

Feb 01, 2023

A developer set to produce wind energy off the coast of Massachusetts has announced a name change. The company formerly known as Mayflower Wind said on Tuesday it has changed its name to SouthCoast Wind Energy LLC, to 'better reflect the company’s commitment to the people…

Vessel Conversions Gaining Favor in US Offshore Wind

Jan 23, 2023

With the creation of a full-fledged U.S. offshore wind industry undoubtedly comes many opportunities for those that own, operate, build and service relevant vessels as developers work toward the nation’s goal of 30 gigawatts (GW) of offshore wind by 2030…

Subsea 7 Charters Siem Offshore's OSCV

Sep 30, 2022

The Norwegian offshore vessel company Siem Offshore has entered into a new three-year contract for the OSCV Siem Stingray with Subsea 7.The contract will start in direct continuation of its current commitment.Subsea 7 plans to employ the vessel…

C-Innovation and Grand Isle Shipyard Awarded P&A Work

Sep 29, 2022

C-Innovation (C-I) and Grand Isle Shipyard, LLC (GIS) have been awarded a plug and abandonment contract by Helix Alliance Decom, LLC to provide pre-feed services for the decommissioning of three offshore platforms for a major deepwater client…

Subsea 7 Charters Otto Candies, Bordelon Marine Vessels for GOM Ops

Sep 29, 2022

Subsea 7 has signed four long-term vessel charter agreements in the Gulf of Mexico with Otto Candies and Bordelon Marine to boost offshore construction, inspection, maintenance, and repair (IRM), ROV survey, and pipe/umbilical laying support activities…

BP Taps GWIS for Engineering & Construction Services in Gulf of Mexico

Sep 27, 2022

GW Integrated Solutions LLC (GWIS), a consortium of Worley and Grand Isle Shipyard (GIS), has won a contract with BP to provide engineering, procurement, fabrication and construction services to BP-operated offshore assets in the Gulf of Mexico…

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