Deep Wind Offshore, a Norwegian offshore wind company formed last month, has appointed Hans Petter Øvrevik as its Chief Commercial Officer (CCO).Øvrevik has more than 16 years of experience in the offshore industry, including roles in Aker Solutions and Aker Offshore Wind…
Oil giant Shell has extended the contract for the lease of SBM Offshore's Espirito Santo FPSO in Brazil. SBM Offshore is also in talks with ExxonMobil to extend the FPSO terms in Guyana.The Dutch FPSO operator said Wednesday that the lease and…
Shipbuilder Keppel AmFELS has laid the keel for the first ever Jones Act compliant offshore wind turbine installation vessel (WTIV) at its shipyard in Brownsville, Texas, marking a key milestone for the development of the U.S. offshore wind industry…
The challenges of 2020 have made their mark on offshore rig values but have they reached the trough? Bassoe's Hans Hagelberg takes a deeper look.It may be the understatement of the decade, but the offshore rig market has had a pretty bad year…
Malaysia Vietnam Offshore Terminal's FSO Golden Star has received the first condensate at the Sao Vang and Dai Nguyet (SVDN) Project offshore Vietnam.MVOT is a 51% MISC Berhad (MISC) owned joint venture with PetroVietnam Technical Services Corporation (PTSC)…
Norwegian company Aker Offshore Wind has received funding from Enova for a pre-project that aims to reduce costs and increase maturity in important technical segments of offshore floating wind. Enova is Norway’s innovation fund for environmentally friendly technologies…
Norwegian firm Solstad Offshore has won contracts for two of its vessels the Normand Jarstein and Normand Tonjer in the offshore wind and subsea sectors.The Normand Jarstein construction support vessel has been awarded a 4 months firm contract…
The construction has started in Norway of what will be the world's largest floating wind farm - the Hywind Tampen.Norway's Prime Minister Erna Solberg and Kværner apprentice Arne Linga officially kickstarted the construction work by starting…
Oil and gas project sanctions, especially in the offshore segment, are expected to rebound next year compared to the COVID-19 ravaged 2020, and even exceed the pre-pandemic levels from 2022 onwards, energy market analysts from Rystad Energy have said…
The final batch of jackets that will support offshore wind turbines at the 950 MW Moray East offshore wind farm in the UK was loaded this week at a fabrication yard in Dubai ahead of the sailaway.The news was shared Thursday afternoon (CET) by DEME Offshore…
Offshore installation contactor DEME Offshore has installed the second offshore substation platform (OSP) for the Moray East wind farm in the Moray Firth in Scotland. The 950MW wind farm is being developed by Moray Offshore Windfarm East Ltd (MOWEL)…
Offshore installation contractor Jan De Nul has shared that the very first jacket foundations have been installed in Taiwanese waters for the TPC offshore wind farm.Jan De Nul last week said that a total of nine jacket foundations, weighing approximately 1…
Brazilian oil company Petrobras has signed a letter of intent with Malaysia's MISC Berhad for the chartering and services of an FPSO to be deployed at the Mero 3 development offshore Brazil.The FPSO to be named Marechal Duque de Caxias will be installed in the Mero field…
Brazilian oil company Petrobras, the operator of the Libra consortium, has made the investment decision for the third phase of the Mero project, located deep offshore, 180 kilometers off the coast of Rio de Janeiro, in the prolific pre-salt area of the Santos Basin…
Singapore's Sembcorp Marine Offshore Platforms has awarded the early works contract to Iv-Offshore & Energy for the engineering of the offshore wind farm Sofia high voltage direct current (HVDC) platform.Once operational, the RWE-operated Sofia…