Dutch FPSO provider SBM Offshore has secured a US$635 million bridge loan facility for the financing of the construction of FPSO Almirante Tamandaré, one of the world's largest FPSOs.SBM Offshore said Friday that it had secured the loan by the…
Vessel utilization in the offshore oil and gas seismic data acquisition sector has reached pre-pandemic levels in the third quarter of 2021, Rystad Energy has found.Rystad, a Norway-based energy industry intelligence firm, said that, after several devastating quarters caused by the pandemic…
The UK Oil and Gas Authority (OGA) has announced a £1million ($1,37 million) decarbonization competition for the electrification of offshore oil and gas platforms in the UK North Sea.'The competition is designed to advance the widespread electrification…
Danish offshore vessel operator Esvagt, which earlier this week took delivery of a newbuild service operation vessel from Havyard Leirvik, plans to deploy the vessel at an offshore wind farm in the UK.The company said Thursday that the vessel…
Chinese offshore oil and gas company CNOOC said Thursday that a project to power Bohai Bay offshore fields from shore has kicked off operation successfully.'This onshore power project is located in the mid-western Bohai Bay, containing two parts…
New research from the UK-based Offshore Renewable Energy (ORE) Catapult has found that speeding up work the development of robotics and autonomous systems (RAS) will be 'a significant enabler to reaching Net Zero.'The report highlights that by 2050…
BP on Wednesday said all four of its offshore facilities in the Gulf of Mexico have resumed operations, having been brought back online and producing as of Sept. 12 post-Hurricane Ida.The company on Sept. 7 said it had resumed operations at its Atlantis and Mad Dog platforms…
A consortium formed by TotalEnergies, Green Investment Group (GIG), and Qair has been pre-selected by the French authorities to take part in an upcoming tender for the development of a floating wind farm of up to 270 MW in Southern Brittany…
The 228-meter-long former drillship Vitoria 10000, now renamed Hidden Gem, has this week arrived in Rotterdam, The Netherlands to start its conversion into a subsea mining vessel.The news of the vessel's arrival was shared by The Metals Company (formerly DeepGreen Metals Inc…
Harbour Energy, a London-listed oil firm created through a merger between Chrysaor and Premier Oil, has decided to exit the Sea Lion oil field development in the Falkland Islands.The company has a 60 percent stake in the oil field, with Rockhopper Exploration holding the remaining 40 percent stake…
Oil and gas firm Chariot has signed a binding letter of intent with oilfield services giant Halliburton for services on Chariot's planned Anchois gas appraisal well within the Lixus licence, offshore Morocco.The agreement with Halliburton follows…
Offshore wind turbine maker GE Renewable Energy has chartered Acta Marine's Service Operation Vessel Acta Auriga for the commissioning activities of 80 Haliade 150-6MW turbines at the Saint-Nazaire offshore wind farm in France.The vessel will…
Norwegian shipbuilder Havyard Leirvik has delivered another offshore wind service operation vessel (SOV) to Danish vessel owner Esvagt.The vessel, Esvagt Havelok, is the third and last of the ‘triplet ships’ built by Havyard for Esvagt. The ship handed over Tuesday was the third in the same series…
The construction of the world’s largest floating wind farm Kincardine, in the UK, is now complete, marking the start of the long-term Power Purchase Agreement (PPA) signed in 2018 between Kincardine Offshore Windfarm Ltd. (KOWL’s) joint venture and Statkraft…
Bristow Group, a company best known to Offshore Engineer readers for its offshore crew transfer helicopters, has signed a Memorandum of Understanding with aeronautical engineering firm Vertical Aerospace Group for certification, operational planning…
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