Industry News

 

5,100-ton Substation Jacket Installed at Scotland's Largest Offshore Wind Farm

Dec 24, 2021

UK-based offshore wind developer SSE Renewables has informed that construction of Seagreen, the world’s deepest fixed bottom offshore wind farm,  which is also Scotland’s largest, has reached another milestone with the installation of a jacket…

Odfjell Drilling Takes Over Management of Northern Ocean's Rigs from Seadrill

Dec 24, 2021

Northern Ocean, the billionaire John Fredriksen-owned harsh-environment offshore rig owner, has signed contracts with the Norwegian offshore contractor Odfjell Drilling.Odfjell Drilling will provide Northern Ocean's rig fleet with marketing and management services…

USCG Concludes Investigation into Auger Lifeboat Accident

Dec 23, 2021

A U.S. Coast Guard investigation into a fatal lifeboat drill accident has resulted in 10 safety and eight administrative recommendations, the agency announced.In July 2019, two people were killed and another was injured while testing lifeboats…

Petrobras Files Revised Development Plan for Tupi and Iracema Fields

Dec 23, 2021

Brazilian oil company Petrobras, as the operator of the Tupi offshore field, has submitted to the Brazilian National Petroleum, Natural Gas and Biofuel Agency (ANP), the review of the Integrated Development Plan (PD) of the Shared Deposit of Tupi and the Iracema Area…

Solstad Offshore Gets Grant to Cut Offshore Vessel Emissions

Dec 22, 2021

Norwegian offshore vessel owner Solstad Offshore ASA has received an 87 million crowns (~$9.79 million) grant from Innovation Norway to reduce emissions from its fleet.Including the funds from Innovation Norway, the company plans to invest investing more than 300 MNOK ($33…

Petronas Awards Six Offshore Blocks in Malaysia Bid Round 2021

Dec 22, 2021

Malaysia's Petronas has awarded six of the 13 offshore exploration blocks offered in the recently concluded Malaysia Bid Round (MBR) 2021, an event held annually where Petronas offers oil companies exploration blocks, undeveloped discovered resources…

Island Drilling Rig Lands Work in UK, Mauritania

Dec 22, 2021

Offshore drilling company Island Drilling has this week secured two contracts for its 2012-built harsh-environment drilling semi-submersible drilling rig Island Innovator.The company said Tuesday it had won a contract with Petrofac to carry…

New Fortress Energy to Deploy 'Fast LNG' to Develop Mauritania's Offshore Gas Reserves

Dec 22, 2021

New Fortress Energy has signed a Memorandum of Understanding (MOU) with Mauritania for the development of an Energy Hub, including natural gas, power, liquefied natural gas ('LNG'), and blue ammonia, using existing offshore gas reserves off the coast of Mauritania…

Weak Winds Worsened Europe's Power Crunch; Utilities Need Better Storage

Dec 22, 2021

Wind speeds were milder than usual in Europe this year, so windmills across the bloc generated less electricity which worsened a crunch that sent power prices to record highs as utilities had to buy more coal and scarce, costly, natural gas…

Aker BP to Acquire Lundin Energy's Oil and Gas Business

Dec 21, 2021

Norwegian oil and gas company Aker BP has agreed to acquire Lundin Energy's oil and gas business, through a statutory merger, creating the second-largest oil and gas producer on the Norwegian Continental shelf.The transaction values the acquired assets to approximately NOK 125 billion (13…

OE’s 2021 Top of the Festive YouTube Video Pops

Dec 21, 2021

No year is the same without the annual corporate festive YouTube videos. And while the pandemic is yet again trying to do its best to ruin our holidays, offshore companies have still provided us with a crop of Christmas cheer.Oceaneering, again…

Rosneft Sets Goal to Achieve Net-zero Emissions by 2050

Dec 21, 2021

Russia's largest oil producer Rosneft said on Tuesday that its board has approved new strategy through to 2030 with the aim of achieving net-zero emissions by 2050, earlier than President Vladimir Putin's deadline.Climate scientists have said…

GMS Bags Two Deals for E-Class Jack-ups

Dec 21, 2021

GMS, a provider of jack-up service vessels for the offshore energy industry, has secured two new contracts for its E Class vessels.One E Class (Large Class) award includes a 6-month contract including options, for an unnamed renewables client in northwest Europe…

DNV: Hexicon's TwinWay Floating Wind Concept Feasible for Further Development

Dec 21, 2021

Energy expert and assurance provider DNV has provided Swedish floating wind tech firm Hexicon with a Statement of Feasibility for its TwinWay demonstrator which will be installed and operated at Metacenter, off the coast of Norway. With achieving this first step in the certification process…

Siem Offshore's AHTS to Support Equinor's Drilling Ops

Dec 21, 2021

Norwegian offshore vessel owner Siem Offshore has secured a contract with the compatriot oil and gas company Equinor for the Siem Opal anchor handling tug supply vessel.The contract is for a firm six-month period, starting during March/April 2022…

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