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Reach Subsea Extends Havila Subsea Charter, Securing Vessel Until 2024 End

Sep 01, 2023

Subsea services provider Reach Subsea has exercised a one-year option for Havila Shipping's Havila Subsea vessel, keeping the ship busy until December 31, 2024.The commercial terms of the charter agreement for the IMR, survey, and construction vessel…

Equinor, BP Seek 54% Hike in US Offshore Wind Power Price, Filings Show

Sep 01, 2023

Norway's Equinor and its partner BP are seeking a 54% increase for the price of power produced at three planned offshore U.S. wind farms, according to a filing made by a New York state regulatory authority. The two partners in recent years won the rights to build the Empire Wind 1…

Talks to Avert Strike Called as Chevron Australia LNG Workers Reject Deal

Sep 01, 2023

Planned work stoppages next week at two of Australia's largest liquefied natural gas (LNG) facilities are scheduled to go ahead unless mediation can produce a deal after workers at Chevron rejected the company's offer on pay and conditions.Australia is the world's biggest LNG exporter…

Shell Comes Up Empty in Namibia Exploration Well

Aug 31, 2023

Shell's Cullinan-1X exploration well offshore Namibia did not make a commercial oil and gas discovery, the company said on Thursday.Namibia, which has yet to produce any oil and gas, has attracted strong interest from international companies…

SCHOTTEL to Propel Orca Class Heavy-lift Vessels

Aug 31, 2023

The new Orca Class heavy-lift vessels being built at China's Wuhu Shipyard for the Jumbo-SAL-Alliance will be propelled by SCHOTTEL ControllablePropellers (SCP).The four-bladed controllable pitch propellers type SCP 129 will feature an input power of up to 8…

UH Aims to Develop Subsea Pipeline Inspection Autonomous Robot

Aug 31, 2023

University of Houston researchers are developing an autonomous robot to identify potential pipeline leaks and structural failures during subsea inspections. The technology will aim to make the inspection process safer and more cost effective…

LLOG Contracts Noble Floater for US Drilling

Aug 31, 2023

Noble Corporation announced it has received a contract from LLOG to perform drilling services in the U.S. Gulf of Mexico.The six-month contract for Noble's seventh generation drillship Noble Valiant is expected to commence between November 2023 and March 2024…

SEAONICS to Equip Purus Wind's New CSOVs

Aug 31, 2023

SEAONICS has received an order to supply the electric controlled motion compensated (ECMC) gangway and crane package for U.K based Purus Wind's new commissioning service operation vessels (CSOV). The order includes delivery of equipment for two vessels…

ONGC to Invest $24.2 Billion to Meet Net-zero Emissions Goal

Aug 31, 2023

India's top explorer Oil and Natural Gas Corp (ONGC) plans to invest 2 trillion rupees ($24.17 billion) on clean energy projects in order to meet its 2038 net-zero carbon emissions goal, chairman Arun Kumar Singh said on Tuesday.The company…

Kraken inks $2.7m in Sonar, Subsea Battery Contracts

Aug 31, 2023

Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF) received contracts totalling $2.7m for subsea batteries and synthetic aperture sonar systems (SAS). The SAS sensor contracts represent two new customers, continuing the growth of Kraken's list of users…

Equinor Hires Two COSL Rigs for Drilling in Norway

Aug 31, 2023

Equinor announced Thursday it has awarded COSL Offshore Management AS two contracts and will employ COSLPromoter and COSLInnovator on the Norwegian continental shelf.The COSLPromoter is already contracted to Equinor and will commence on the new contract in the first quarter of 2025…

Enerpac wins Calvados Offshore Wind Farm Deal

Aug 31, 2023

Enerpac won a contract by Saipem to supply the Hydraulic Levelling and Fixation System for the installation of 64 transition pieces (TP) at the offshore wind farm in France. The Enerpac system is designed to allow accurate levelling and fixation of the transition pieces on the monopile foundation…

New Product: Balmoral Seamless Bend Stiffener Connector

Aug 31, 2023

Balmoral has introduced a number of subsea solutions over the past few years, including Balmoral HexDefence and Balmoral FibreFlex, scour and cable protection systems respectively for the offshore wind sector. The latest product solution to be brought to market is a bend stiffener connector…

The Resurgence of the OSV Industry: From Trough to Triumph

Aug 31, 2023

The offshore supply vessel industry has weathered a tumultuous decade characterized by a prolonged trough that tested the resilience of vessel owners. However, the tides have turned, and the industry is now experiencing a strong and much-awaited revival…

Transocean Awarded $222 Million Drillship Contract

Aug 31, 2023

Offshore drilling contractor Transocean announced it has been awarded a $222 million contract for one of its ultra-deepwater drillships to go to work offshore India.India's state-controlled Oil and Natural Gas Corporation Ltd awarded the binding…

Current News

Boskalis Subsea Services Secures Decom Work for Shell

Boskalis Subsea Services Secur

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

Petronas Makes New Hydrocarbon

KOIL Energy Gets Job Offshore West Africa

KOIL Energy Gets Job Offshore

XOCEAN’s X-30 achieves ROUV Certification

XOCEAN’s X-30 achieves ROUV Ce

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