Industry News

 

Galp to Further Evaluate Extent of Mopane Oil Discoveries with Hercules Rig

Jan 26, 2024

Portuguese oil and gas Galp has set out plans to drill another well using Odfjell Drilling-managed semi-submersible rig Hercules, after discovering significant column of light oil at Mpane-1x well in Namibia’s PEL 83 block.Galp (80%, operator)…

BOEM Increases Monetary Penalties for Oil and Gas Companies

Jan 25, 2024

The US Bureau of Ocean Energy Management (BOEM) has announced a Final Rule that implements the 2024 inflation adjustments for the maximum daily civil monetary penalties contained in BOEM regulations in accordance with Federal law.The Federal…

BOEM and NOAA Release North Atlantic Right Whale and Offshore Wind Strategy

Jan 25, 2024

The US Bureau of Ocean Energy Management (BOEM) and the National Oceanic and Atmospheric Administration (NOAA) Fisheries have released a final joint strategy to protect and promote the recovery of endangered North Atlantic right whales while responsibly developing offshore wind energy…

Equinor and BP Part Ways on US Offshore Wind Projects

Jan 25, 2024

Norway's Equinor said on Thursday it had entered an agreement with BP BP.L to independently pursue separate wind projects under its bid for New York's offshore wind auctions.As part of the agreement, BP would take over full control of the Beacon Wind project…

Californian Port Gets $427M Boost for New Offshore Wind Infrastructure

Jan 25, 2024

The U.S. government has awarded a major grant to the Humboldt Bay Harbor, Recreation, and Conservation District for the construction of a new marine terminal to be primarily used for floating offshore wind-related activities.The grant for the…

McDermott and Baker Hughes Install Subsea Infrastructure at Ichthys Field

Jan 25, 2024

Engineering company McDermott and Baker Hughes have completed the installation of subsea infrastructure at the Ichthys liquefied natural gas (LNG) field in northern Australia.The work was conducted for Inpex as part of the contract McDermott and Baker Hughes secured in 2019…

Omega Subsea Robotics Orders Six ROVs

Jan 25, 2024

Kystdesign announced an expansion of its cooperation with Omega Subsea Robotics, signing its largest contract ever for the delivery of six complete ROV systems.The contract award includes delivery of four standard Constructor ROV systems and two brand new compact Constructor ROV systems…

Vard Delivers Ammonia-Ready Armada Vessel to Ocean Infinity

Jan 25, 2024

U.S. marine robotics company Ocean Infinity has taken delivery of the eighth and final ammonia-ready robotic vessel in the Armada series from the Norwegian shipbuilder Vard.Vard Vung Tau in Vietnam delivered the last 78-meter vessel in the series…

New York Offshore Wind Power Auction Set for Big Turnout

Jan 25, 2024

Several offshore wind developers will likely bid in New York's fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted, Equinor and BP.The development of the U.S. offshore wind industry took…

Seatrium Starts Fabrication of Shell's Sparta FPU

Jan 25, 2024

Seatrium has started the steel fabrication for Sparta semi-submersible floating production unit (FPU), which is the Singapore-based company’s third FPU to be built for its long-standing customer Shell.The steel cutting ceremony marks the beginning…

Jan De Nul Reels In Ørsted’s Hornsea 3 Export Cable Job

Jan 25, 2024

Belgium-based offshore installation contractor Jan De Nul has signed the export cable contract with Ørsted for its 2.9 GW Hornsea 3 offshore wind farm in the U.K.Jan De Nul will be responsible for the seabed preparation, transport, installation…

Equinor Hires Lufttransport Helicopters for North Sea Ops

Jan 25, 2024

Equinor has awarded a contract to operate two new search and rescue helicopters (SAR) for the Troll and Oseberg area in the North Sea to Lufttransport.The new helicopters will be part of the SAR emergency response system and carry out assignments…

Vissim Secures Oil Spill Monitoring Contract with Repsol

Jan 25, 2024

Norwegian technology firm Vissim has been awarded a contract by Repsol Norge to implement an upgraded oil spill detection system at the operator’s Yme field on the Norwegian continental shelf (NCS).The new and upgraded radar-based oil spill…

Cyan Renewables Enters UK Offshore Wind Market with Sentinel Buy

Jan 25, 2024

Cyan Renewables, a portfolio company of Seraya Partners, has acquired a majority stake in Sentinel Marine to strengthen its position in the UK offshore wind market and boost its local content.Singapore-based Cyan Renewables, Asia’s first dedicated offshore wind vessel operator…

Valaris Jack-Up Rig Docks in Trinidad

Jan 25, 2024

Heavy duty modern jack-up rig Valaris 118 has arrived at the shipyard in Chaguaramas in Trinidad for routine maintenance ahead of new campaign with BP.Valaris 118 rig will be engaged on a six-well contract extension with BP, expected to begin in March 2024…

Current News

GMS Scoops Middle Eastern Jack-Up Vessel Deal

GMS Scoops Middle Eastern Jack

Eidesvik Offshore Secures Work for Viking Princess PSV

Eidesvik Offshore Secures Work

Yinson Production Cuts First Steel for Vietnam-Bound FSO

Yinson Production Cuts First S

MOL Gets ClassNK Approval for Jointing and Burial Vessels Design

MOL Gets ClassNK Approval for

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