%22Atlantic Shores%22 News

Equinor's Troll Gas Field Outage Extends to end of May

May 27, 2025

Equinor has extended a partial outage at Norway's Troll natural gas field until May 31 due to a compressor failure, the company said in a regulatory filing on Monday, pushing European gas prices higher.Norway in 2022 overtook Russia as Europe's…

Polish Shipbuilder Lays Keel for DOF’s New Offshore Support Vessel

May 16, 2025

Polish shipbuilder CRIST S.A. has held a keel-laying ceremony for an offshore support vessel (OSV), being built for Norwegian vessel owner DOF.The vessel, provisionally named SeaDragon (NB 110), will 109.7 meters long and 22 meters wide, with the capacity to accommodate 164 people…

Borr Drilling Financial Dip as Expected

May 21, 2025

Borr Drilling reported a total operating revenue of $216.6 million for the first quarter, a decrease of $46.5 million compared to the fourth quarter of 2024.The net loss of $16.9 million was a decrease of $43.2 million compared to the net income in the fourth quarter of 2024…

Tidal Transit Welcomes New CTV to Its Fleet

May 21, 2025

Tidal Transit has christened its new crew transfer vessels (CTV) Anthea Luna, which is on charter with the Belgian offshore wind farm operator C-Power.The new WindFlex 27 Quad IPS model, delivered by Singapore-based Penguin International in March…

New Transfer Boat Set for Hornsea 2 Offshore Wind Service

May 21, 2025

ESVAGT, OSK Design, and Hvide Sande Shipyard have joined forces to raise the bar in offshore wind logistics with the development of a next-generation transfer boat, which has been designed to carry more technicians and cargo.ESVAGT and its partners…

Shell Reports 28% Profit Drop

May 02, 2025

Shell on Friday reported a 28% drop in first-quarter net profit to $5.58 billion, beating analyst expectations, and kept the pace of its share buyback programme steady amid falling oil prices and lower refining margins than last year.It said it would buy back $3…

Petrobras Reports 48.6$ Profit Rise for First Quarter 2025

May 13, 2025

Brazil's Petrobras on Monday posted a net profit of 35.2 billion reais ($6.21 billion) for the first quarter, up 48.6% from a year earlier, boosted by non-recurring events, while also announcing about $2.1billion in dividends.Without one-off events…

North Star Takes Delivery of its First CSOV (Video)

May 07, 2025

North Star has officially named its first commissioning service operation vessel (CSOV), the Grampian Kestrel.The vessel was named at a ceremony at VARD’s shipyard in Vard Langsten in Norway on May 6.The Grampian Kestrel is the first of two CSOVs to be delivered this year…

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

May 14, 2025

LS Eco Advanced Cables (LSEAC) has launched a five-week public consultation on its proposals to develop a high voltage cable production facility at the Port of Tyne for subsea electricity transmission, designed to transport clean energy generated by offshore wind onto UK shores…

Jan De Nul Installs First Foundation at RWE’s Thor Offshore Wind Farm

May 01, 2025

Jan De Nul has kicked off the installation campaign of the monopile foundations for RWE’s Thor offshore wind farm, completing the installation of the first of 72 monopiles with its heavy-lift vessel Les Alizés.When finished, Denmark’s largest…

Eco Atlantic Moves Forward with Orange Basin Offshore Block Plans

May 06, 2025

Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has moved forward in the process of formalizing the operatorship of the recently acquired block offshore South Africa.As announced in 2024, Eco has, through its wholly owned subsidiary Azinam South Africa…

Newbuild USV Challenger Getting Ready for Remote-Controlled Subsea Work

May 08, 2025

Ocean services provider DeepOcean, with its joint venture partners Solstad Offshore and Østensjø Rederi, has taken delivery of a newbuild uncrewed surface vessel (USV), which will be used for subsea survey, inspection, maintenance and repair (IMR) work across offshore energy industries…

Netherlands Commits $726M for Aramis CCS as Shell, TotalEnergies Opt Out

Apr 28, 2025

The Dutch government said on Friday it would commit 639 million euros ($726 million) to the construction of the country's largest carbon capture and storage project, after TotalEnergies and Shell withdrew part of their planned investments.The…

Space Norway, SubCom Announce Contract-in-Force for Arctic Way Cable System

May 01, 2025

Space Norway and SubCom announced that a contract is in-force for the survey, design, supply and installation of the Arctic Way Cable System. Providing necessary route diversity to a region with rapidly increasing data traffic demands, the new…

EEW SPC Delivers First Monopiles for Thor Offshore Wind Farm

Apr 22, 2025

EEW Special Pipe Constructions (EEW SPC) has delivered first monopiles for Thor project, Denmark’s largest offshore wind farm, being developed by RWE.In March 2025, the first of 12 shipments for the Thor project was completed at the port of Rostock…

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