Norway-based NorSea Group's Stordbase is to be used to assemble the world's first floating wind farm, the Hywind Scotland Pilot Park under a US$5.8-8.1 million (NOK 50-70 million) contract. The contract, which enters starts 1 March 2016…
SAL Heavy Lift signed a contract with Dutch Offshore WindForce, a joint venture between Boskalis and Volker Stevin International, for the transport of 67 transition pieces. The transition pieces are destined for the Veja Mate in offshore…
DeepOcean welcomed its advanced cable installation vessel Maersk Connector to North East England for the mobilization of specialist cable handling equipment for projects in the offshore renewables and subsea interconnector sectors. The vessel…
ABS Group received a contract to provide third-party certification and design verification services for Hexicon AB for the planned Dounreay Tri floating offshore wind farm demonstrator project in Scotland. Image from Hexicon…
After completing the world’s first wet gas compressor offshore Norway, OneSubsea looks to continue pushing the technology to new limits. The multiphase compressor station during installation. Photos from OneSubsea…
Current oil prices does little to support exploration and expanding developments. However, keeping an eye on the future, sub-saharan African nations show promise. Western African countries, such as Nigeria, have already seen the benefits…
Denmark's DONG Energy will take over an offshore New Jersey wind lease previously held by RES Americas Developments that had been awarded to RES in an auction held by the US Bureau of Ocean Energy Management (BOEM) in November 2015. The New Jersey lease encompasses 160…
Engineering and construction firm McDermott International has announced a string of new contracts offshore Australia and a few frame agreement focused on subsea projects offshore India. The frame frame agreement is with L&T Hydrocarbon Engineering (LTHE)…
Norway's Det norske is expecting sailaway of the Ivar Aasen devlopment topsides in late may, with installation offshore Norway expected for July 2016. In a market update, the firm said key activities for the project, on the Utsira High…
Seajacks' latest newbuild self-propelled wind farm installation jackup unit Seajacks Scylla is to be mobilized at Gibdock in Gibralter. The unit was delievered to Seajacks by Samsung Heavy Industries at the end of 2015, and discharged…
Saudi Arabia’s oil minister Ali bin Ibrahim Al-Naimi has no concerns about current and future demand, he told delegates at IHS CERAWeek on Tuesday. “The bottom line is that the world demands 90 MMbo/d and long-term this will increase…
DONG Energy has signed and completed an agreement to divest 50% of the 258 MW UK offshore wind farm project, Burbo Bank Extension, to Danish pension provider PKA and KIRKBI, parent company of the LEGO Group. Each investor will obtain a 25% ownership interest in the project…
During the period of 5-7 January 2016, the Petroleum Safety Authority (PSA) Norway conducted an audit on ENI Norge's facility Goliat FPSO. The audit was conducted as a follow-up to an audit carried out in June 2015 linked to logistics on Goliat…
Owners of significant floating assets are continuing to feel the pinch in the offshore market as rates sink to “unsustainable levels.” Floating production specialist BW Offshore says it is cutting its onshore staff by 35%, while Norwegian…
Statoil awarded Nexans the contract to supply static and dynamic cabling and associated accessories for the world's first floating wind farm, following a successful demo facilitated by Nexans' cables which has been in operation since 2009…
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