Dutch ship owner C-Bed has contracted Wärtsilä Ship Design to supply the design for rebuilding its Seismic Survey Vessel, the Viking II, for use as a hotel vessel. When completed, the rebuilt ship will be used to accommodate and transfer service personnel working on offshore wind farms…
TGS is reprocessing some 22,847km of 2D seismic offshore Portugal thanks to success in the conjugate offshore Newfoundland and Nova Scotia. This project, which uses TGS' broadband solution Clari-Fi, is now fully underway, said the firm…
Cumulative offshore wind capacity is forecast to reach 74GW, driven by a large number of developments taking place in the UK, Germany and China and strengthened by the growth of new entrants to the offshore wind sector, such as France and the US…
The confidence of North Sea oil and gas contractors is at an all-time low, according to a new industry report released today. Four in five contractors (79%) surveyed say they are less confident in their prospects than a year ago, compared to just 1% that are more confident…
Image: Maersk Venturer/ Maersk Drilling Maersk Drilling has been awarded a contract for the drillship Maersk Venturer with oil major Total. The contract covers one exploration well (estimated duration 120 days) in block 14 offshore Uruguay…
EDP Renewables (EDPR), Mitsubishi (through its subsidiary Diamond Generating Europe), Chiyoda (through its subsidiary Chiyoda Generating Europe), Engie and Repsol entered into an agreement to implement a floating offshore wind farm off the coast of Northern Portugal…
Mastering high-pressure, high-temperature reservoirs has been a UK North Sea challenge for more than a decade. Maersk Oil is taking lessons learned by others and applying them to the Culzean field. The Culzean wellhead jacket under fabrication…
UK-based offshore installation and maintenance contractor Seajacks International has taken successful delivery of its fifth self-propelled jackup vessel, the Seajacks Scylla. Built by Samsung Heavy Industries in Korea, Seajacks says Scylla…
Statoil has made the final investment decision to build the world’s first floating wind farm: The Hywind pilot park offshore Peterhead in Aberdeenshire, Scotland. The decision triggers around NOK2 billion investment, realizing a 60-70%…
Germany's RWE Innogy has signed up three new project partners for Galloper Wind Farm, enabling construction on the project to start offshore England next month. The 366MW Galloper project is to be funded by the UK Green Investment Bank (GIB)…
DONG Energy announced it will construct the 660MW Walney Extension offshore wind farm, located in the Irish Sea, approximately 19km off the west coast of Britain. The final investment decision has been made after securing all necessary consents from authorities…
Faroe Petroleum has completed an up to US$20 million deal to acquire Roc Oil (GB Holdings), which holds 12.5006% interest in the Blane field and a 12.00% interest in the Enoch field, both in the UK North Sea. Roc Oil GB is a subsidiary of Roc Oil Company…
Some 40-50% of savings or efficiency gains need to be made if the industry is going to survive the low oil price regime we are in, an industry event was told in Aberdeen today. 'For us to survive this long-term, to get by on the oil price as it is…
The numbers are staggering. At US$50/bbl, at least 20% of production in the North Sea is loss making, an industry event was told last week. And that is likely to be a conservative estimate. Faced with what has been called “a perfect storm” by many – high operating costs…
Dong Energy has awarded a contract for the provision of cable installation and trenching work for its Race Bank offshore wind farm to DeepOcean. Offshore work will be carried out in 2016/2017 from DeepOcean’s in-house fleet of dedicated cable installation and trenching vessels…