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Baker Hughes Posts Q4 Profit as Higher Oil Prices Spur Drilling Demand

Jan 20, 2022

Baker Hughes Co on Thursday reported an adjusted quarterly profit compared with a year-ago loss, as producers took advantage of a rise in crude prices that fueled demand for oilfield service equipment.Oil prices surged more than 50% last year…

Nortrans' Offshore Vessel Nets 5-Year Charter Deal with Chevron in Israel

Jan 20, 2022

Offshore vessel operator Nortrans has scored a 5-year contract extension with Chevron in Israel for its Nor Naomi offshore vessel.Chevron Med. Ltd, is using the Nor Naomi DP2 IMR/ROV subsea vessel to support the Tamar and Leviathan gas field operations in Israel…

Hellenic Cables Wins Another Dogger Bank Offshore Wind Farm Order

Jan 20, 2022

Cenergy Holdings' Hellenic Cables has won an offshore wind farm array cable contract with DEME Offshore, for the supply of cables for the Dogger Bank C, the third phase of the 3.6GW Dogger Bank project in the UK North Sea.'Already the designated cables’ supplier for Dogger Bank A and B…

Fugro Orders First-of-Its-Kind XL Class USV for North Sea Operations

Jan 20, 2022

Dutch geodata firm Fugro has ordered an uncrewed surface vessel of SEA-KIT XL Class for future North Sea operations. According to USV maker SEA-KIT, the 18-meter USV, to be named Blue Eclipse, will be the first of its kind, and will be constructed…

EDS HV Secures Work on Iberdrola's Baltic Eagle Offshore Wind Farm

Jan 20, 2022

James Fisher Renewables's subsidiary EDS HV Group has won a contract to provide the high voltage safety management commissioning phase at Iberdrola’s Baltic Eagle Offshore Wind Farm, off the coast of the German region of Pomerania.The contract…

Aker Offshore Wind 'Confident' Despite ScotWind Disappointment

Jan 20, 2022

Norway-based offshore wind developer Aker Offshore Wind said Thursday it remained committed to its strategy and to developing its international project portfolio despite the disappointing result in the ScotWind leasing round where the company did not secure any project licenses…

Heerema to Install Six Large Jackets at Saudi Aramco's Marjan Field

Jan 20, 2022

Dutch offshore installation company Heerema Marine Contractors has won a contract with McDermott to transport and install six large jackets within Package-1 of Saudi Aramco’s Marjan Increment program.The Marjan oil and gas field is located in the Arabian Gulf off the eastern coast of Saudi Arabia…

Construction of New York’s First Offshore Wind Farm Set to Start as Final Approval Granted

Jan 20, 2022

The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has granted Construction and Operations Plan (COP) for the South Fork Wind, New York’s first offshore wind farm, Ørsted confirmed Thursday. This is the final decision…

Appeals Court Revives BP’s Fight Over Deepwater Cleanup Workers’ Claims

Jan 20, 2022

A federal appeals court on Wednesday revived a fight between BP, two contractors, and an insurance company over who should pay for thousands of personal injury claims brought by cleanup workers after the Deepwater Horizon explosion and fire in 2010…

Hornblower Acquires Two Offshore Vessels

Jan 19, 2022

Hornblower Group announced on Wednesday it has acquired two offshore vessels: the Seaward Explorer and Seaward Endeavor, previously the California Responder and Pacific Responder, respectively. Seaward Services, Inc. (SSI), part of the Hornblower Group of maritime businesses…

Eco Wave Power to Ring Nasdaq Bell

Jan 19, 2022

Wave energy technology firm Eco Wave Power said Wednesday it would hold its official bell ringing ceremony on Nasdaq Stock Market on Thursday morning, at 9:15 a.m.  ET to celebrate becoming a public company on the Nasdaq U.S.  Eco Wave Power began its trading on the Nasdaq on July 1…

TenneT CEO Says Bringing in Private Investors Not Ruled Out

Jan 19, 2022

European power transmission system operator (TSO) TenneT might bring in private co-owners at some point to support huge investments needed to build up power links fit for the continent's renewable energy expansion, its CEO said.'We all agree that the energy transition in general…

UK: ABP Gets Marine License for Lowestoft Eastern Energy Facility for Offshore Wind Support

Jan 19, 2022

UK's Marine Management Organisation (MMO) has recently granted a marine license to Associated British Ports (ABP) for the development of the Lowestoft Eastern Energy Facility (LEEF) for offshore wind.This followed a period of collaboration and joint working…

Kremlin: Idle Nord Stream 2 Pipeline Bad for Consumers, Economy

Jan 19, 2022

Kremlin spokesman Dmitry Peskov said on Wednesday that the fact no gas was being shipped through the Nord Stream 2 pipeline to Germany, which is awaiting regulatory clearance, was bad for gas consumers and economic development during the COVID-19 pandemic…

BSEE: Multiple Factors Behind 2020 Gulf of Mexico Platform Fatality

Jan 19, 2022

The Bureau of Safety and Environmental Enforcement (BSEE) has released an investigation report into an incident that saw a rigger fall to his death through the grating aboard Fieldwood Energy's oil platform offshore Louisiana in May 2020.The incident happened aboard Ewing Bank…

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