%22Offshore%20Wind%22 News

Van Oord Takes Stake in Estonian Offshore Wind Farm Developer

Oct 20, 2020

Dutch marine and offshore services contractor Van Oord has become a shareholder in Saare Wind Energy, a company developing the Saaremaa offshore wind farm in Estonia.'The collaboration with Van Oord allows Saare Wind Energy to intensify the development process for this offshore wind farm…

Brazil: Karoon Gets ANP Approval to Take Over Bauna Field

Oct 23, 2020

Australian oil and gas company Karoon Energy said Friday that the Brazilian national oil regulator ANP had approved, with conditions, Karoon's acquisition of the Bauna offshore field from Petrobras.The field is located in shallow waters in the Santos Basin in concession BM-S-40…

Gulf of Mexico Drilling: Weatherford Achieves "Industry's first" with Casing Sidetrack

Oct 16, 2020

Oilfield services firm Weatherford has said it has helped an unnamed U.S. Gulf of Mexico operator achieve 'an industry first.'Weatherford said that its Shallow Angle QuickCut System successfully achieved the industry’s first 12 ¼-in. casing sidetrack…

Offshore Drilling: Floaters Set for Another Round of Scrapping?

Oct 26, 2020

Up to a quarter of the active floating drilling rig fleet - drillship and semi-submersibles - could be scrapped, as the demand, which had never recovered from the previous downturn, is now expected to remain under pressure 'until 2022,' Rystad Energy…

Golar Unit Names New Boss as Former CEO Steps Down Amid Bribery Probe in Brazil

Oct 12, 2020

Golar LNG said on Monday Hygo Energy Transition Ltd, a joint venture between Golar and U.S. private equity firm Stonepeak Infrastructure Partners, has appointed Paul Hanrahan as chief executive officer after Eduardo Antonello stepped down, following a corruption investigation in Brazil…

Turkey to Carry Out Seismic Survey in Eastern Mediterranean

Oct 12, 2020

Turkey's navy has issued an advisory late Sunday saying that the Turkish ship Oruc Reis will carry out a seismic survey in the eastern Mediterranean over the next ten days, a step likely to revive tensions with NATO ally Greece.Two other vessels…

USA: Dominion Energy's 12MW Offshore Wind Farm Ready to Enter Service

Oct 14, 2020

Dominion Energy has said that its two-turbine, 12-megawatt Coastal Virginia Offshore Wind (CVOW) pilot project, offshore Virginia Beach, successfully completed reliability testing and is ready to enter commercial service and deliver electricity to Virginia customers…

Ulstein Names Marti as CEO

Oct 13, 2020

Norwegian shipbuilder and vessel design group Ulstein announced Tuesday that its CFO Cathrine Kristiseter Marti has been promoted to replace long-serving CEO Gunvor Ulstein, who has decided to step down.Marti will take over as CEO on November 2 after six years as Ulstein Group's CFO…

Lebanon and Israel in Talks Over Maritime Border

Oct 13, 2020

Lebanon and Israel, formally still at war after decades of conflict, launch talks on Wednesday to address a long-running dispute over their maritime border running through potentially gas-rich Mediterranean waters.The U.S.-mediated talks follow…

PJV Valves for Two Brazil FPSOs

Oct 13, 2020

PJ Valves (PJV) has won contracts to supply valves packages for two Brazil-bound FPSOs, the Marlim 2 and Mero 2.The Marlim 2 FPSO will be delivered to Petrobras by Malaysia's Yinson, under the contract signed in March. The FPSO will have the capacity to process up to 70…

Don’t Go Chasing (Deep) Waterfalls: The Future of Drillship Financing

Oct 14, 2020

The oil majors’ retreat from frontier plays limits future drillship demand with deepwater, investment looks limited to Brazil and Guyana, writes Gregory Brown, Maritime Strategies International.The future of offshore deepwater investment is under the microscope…

Looming Strike Could Close 22% of Norwegian Oil and Gas Output

Sep 25, 2020

Norwegian oil firms plan to close down 22% of the country's oil and gas output, or 900,000 barrels of oil equivalent per day, if workers go on strike next week, the Norwegian Oil and Gas Association (NOG) said on Friday.Some 324 workers out of 7…

Hydramec's LARS for Fugro's Uncrewed Surface Vessels

Oct 02, 2020

Offshore surveyor Fugro has ordered a Hydramec launch and recovery system for its new uncrewed surface vessels recently ordered from Sea-Kit.Fugro, based in the Netherlands, in August ordered two 12-meter SEA-KIT X class uncrewed surface vessels (USVs)…

Wärtsilä Names Håkan Agnevall as President and CEO

Sep 30, 2020

Finland-based marine engine and technology provider Wärtsilä has appointed Håkan Agnevall as its next president and CEO.Agnevall, who is currently president of Volvo's bus division, will start in his role no later than in April 2021, succeeding Jaakko Eskola…

Jack-Up Barge Solutions Target Offshore Efficiency

Oct 06, 2020

Dutch offshore self-elevating platform and services provider Jack-Up Barge BV believes innovative and cost-efficient solutions are needed now more than ever across the offshore oil and gas and renewables businesses.The current market faces challenges…

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