Industry News

 

Semco Maritime, PTSC M&C to Build Substations for Poland's 1.5GW Offshore Wind Farm

Jun 13, 2023

The PGE Group and Ørsted have awarded an engineering, procurement and construction (EPC) contract for four 375 MW offshore substations for the Baltica 2 project in Poland to a consortium consisting of Semco Maritime and PTSC Mechanical & Construction…

'Encouraging' Drilling Result Offshore Guyana as Frontera, CGX Wei Well Reaches Total Depth

Jun 13, 2023

Frontera Energy Corporation, in partnership with CGX Energy, said Tuesday it had reached total depth (TD) of 20,450' on the Wei-1 bypass exploration and appraisal well (Wei-1BP1), offshore Guyana.The original Wei-1 wellbore reached a depth of 19…

VIDEO: Cadeler Installs Final 11MW Turbine at Dutch Offshore Wind Farm

Jun 13, 2023

Danish offshore wind installation services firm Cadeler said Tuesday it had completed the installation of the final offshore wind turbine at Vattenfall's Hollandse Kust Zuid wind farm in the Dutch North Sea.'With a capacity of 1.5 GW, [Hollandse…

Mainstay Marine to Build Crew Transfer Vessel for Seacat Services

Jun 13, 2023

Offshore energy support vessel operator Seacat Services has partnered up with marine engineering firm Mainstay Marine Solutions, to build the 20th vessel in its fleet, and the fifth Seacat Chartwell Ambitious design.The partnership comes amidst ongoing complexities in the UK shipbuilding market…

DNV, Institute of Energy Vietnam, and PTSC M&C Join Forces to Propel Vietnam's Offshore Wind

Jun 13, 2023

DNV, Institute of Energy Vietnam, and PTSC M&C have signed a memorandum of understanding to deliver one of Vietnam’s first offshore wind power assets.With the Government of Vietnam recently approving Power Development Plan 8, offshore wind power…

Cost Inflation Could Add $280bn in Capital Expenditure for Offshore Wind Industry

Jun 13, 2023

In a Westwood survey on offshore wind cost inflation, nearly three-quarters of industry players indicated that they had started reviewing the viability of their projects in light of recent cost increases, with over 90% indicating that decision-making had slowed as a result…

TotalEnergies Makes Oil and Gas Discovery Offshore Nigeria. Eyes Tie-back to Ofon Field Facilities

Jun 13, 2023

French oil major TotalEnergies on Tuesday announced the Ntokon oil and gas discovery on OML102 block offshore Nigeria. Located in shallow waters, 60 km off the southeast coast of Nigeria, the Ntokon-1AX discovery well encountered 38 meters of net oil pay and 15 meters of net gas pay…

Valeura Energy Wraps Nong Yao Field Infill Drilling Campaign, Moves Rig to Manora Field

Jun 13, 2023

Valeura Energy said Tuesday it had completed the Nong Yao field infill drilling campaign in Thailand and recent increases in oil production.Valeura has drilled two horizontal infill wells on its Nong Yao oil field at Licence G11/48 in Thailand…

More than 900 Norway Offshore Drilling Workers May Strike from June 29

Jun 12, 2023

Some 913 workers on Norwegian offshore oil and gas drilling rigs and other installations will go on a strike unless a wage deal is found by a June 29 deadline, the Industri Energi labour union said in a statement on Monday. Strike action by…

VIDEO: U.S. Coast Guard Medevacs Offshore Oil Platform Crewmember

Jun 12, 2023

The U.S. Coast Guard  said Sunday it had medevaced an oil platform crewmember 23 miles southwest of Port Fourchon, Louisiana, Saturday.Coast Guard Sector New Orleans watchstanders received a notification at 4:19 a.m. of a 33-year-old crewmember…

BW Offshore Sells Espoir Ivoirien FPSO

Jun 12, 2023

BW Offshore on Monday closed the transaction for the sale of the FPSO Espoir Ivoirien to its client, CNR International, for $20 million.The closing of the deal comes after several short-term charter extensions for the FPSO operating offshore the Ivory Coast…

Lhyfe and Capital Energy Team Up to Develop Offshore Green Hydrogen Projects in Spain and Portugal

Jun 12, 2023

Green hydrogen specialist Lhyfe and Spanish company Capital Energy have signed a collaboration agreement for the joint development of offshore renewable hydrogen projects in Spain and Portugal.The two companies will work to create hydrogen production…

Aker Solutions Wins First SWIFT Contract at Johan Castberg Field With Equinor

Jun 12, 2023

Norwegian offshore services company Aker Solutions has won a contract with the oil and gas company Equinor to deliver the first Submersible Wireless Installer for Tubing (SWIFT™) for 18 tubing hanger installations on the Johan Castberg field…

Jan De Nul's Next-Gen Installation Vessels to Install RWE's Offshore Wind Farms

Jun 12, 2023

German renewable energy firm RWE has signed an agreement with Luxembourg-based offshore installation firm Jan De Nul Group to secure the long-term usage of two next-generation installation vessels, “Les Alizés” and “Voltaire, for future offshore wind foundation and turbine construction…

PGS' Seismic Survey Vessel Could Go Idle for 2-3 Months after Abrupt Contract Termination

Jun 12, 2023

Norwegian offshore seismic services company PGS said Monday that a client had terminated its seismic survey contract, first announced in March.On March 2022, PGS said it had secured a 3D exploration acquisition contract with 'a major international energy company…

Current News

Bourbon Inks Multi-Year PSV Deal with ExxonMobil in Guyana

Bourbon Inks Multi-Year PSV De

NSTA Opens UK’s Second Carbon Storage Licensing Round

NSTA Opens UK’s Second Carbon

Solstad Scoops $25M in New CSV Contracts in Brazil and North Sea

Solstad Scoops $25M in New CSV

Viridien Set for Seismic Reimaging of Block 22 Offshore Angola

Viridien Set for Seismic Reima

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