Offshore News

 

Op/Ed: Candidates Should Not Ignore Offshore Safety Advances

1 hour ago

The American Gulf of Mexico is home to impressive industry and even more incredible beauty. Every day, fishermen, conservationists, tour guides, canal and port dredgers, offshore oil and gas workers and countless others go to work in and around the Gulf of Mexico. What links them together is a passion to safely do their jobs in a way that strengthens the Gulf Coast’s natural resources.When candidates and elected officials advocate for “no more drilling…

Norwegian Businesses See Rise in Wind Industry Orders

few minutes ago

Onshore wind companies provided the largest revenue stream for the Norwegian renewables industry from sales of equipment, construction and consultancy services in 2019, overtaking hydropower, according to a report published on Friday.Onshore…

Baksaas Appointed DNV GL’s Chair of the Board

few minutes ago

Former Telenor CEO Jon Fredrik Baksaas has been appointed as DNV GL’s new chair of the board, the Norwegian-headquartered classification society announced.Best known for his 13-year tenure as president and CEO of the telecoms firm, Baksaas started…

MODEC Sets Out to Reduce Cost of Floating Wind Turbines

1 hour ago

Japanese FPSO specialist MODEC says it is working with partners to reduce the overall cost of floating offshore wind turbines.For some time, floating offshore wind has been something of a niche, but now full-scale demonstrators are in the works…

GIEK Doubling Down on Offshore Wind

3 hours ago

Tasked to provide the financial power to help Norwegian companies export their wares to the world, Wenche Nistad, CEO of the Norwegian Export Credit Guarantee Agency (GIEK) pulls no punches when asked about the appetite for investment in traditional…

Class Societies Help Navigate Offshore Sector’s Coronavirus Challenge

4 hours ago

The COVID-19 crisis has created an unprecedented challenge to the offshore sector, one that is truly global in impact but with a shifting picture in different regions, from recovery in some to the threat of a second wave in others. According to Bureau Veritas’ Dawn Robertson…

Unique Floating Offshore Wind Design Gets DNV GL Nod

Oct 29, 2020

A unique double rotor floating wind turbine concept has earned a statement of feasibility from classification and certification body DNV GL.This statement, based on DNV GL’s technology qualification services, confirms that the nezzy² floater is designed to state-of-the-art safety…

Frequent Hurricane Shutdowns Weigh on US Energy Results

Oct 29, 2020

As crews began returning to U.S. Gulf of Mexico offshore facilities on Thursday, this year's repeated oil and gas production halts were already hitting energy firms' results.Eight named storms entered the U.S. Gulf of Mexico this year, most…

Digitalization: Trust - The Keystone for Digital Transformation

Oct 29, 2020

The slowdown of the world economy and plummeting energy consumption have eclipsed most other industry news. Oil exporting countries are coming to terms with limiting production to sustain reasonable prices, and operators are looking for ways to improve efficiency…

Brownfield Development: Tyra pieces falling into place

Oct 29, 2020

Tyra – Denmark’s largest gas and condensate field and main gas processing hub – was, a few years ago, on the verge of being decommissioned, which would have, according to reports back then, wiped out thousands of jobs.The field located 225km west of Esbjerg…

Ideol, BYUM Sign Concrete Floater Construction Deal

Oct 29, 2020

Ideol, a France-based France developer of floating foundations for offshore wind, has signed a collaboration agreement with Swedish Bygging Uddemann (BYUM). BYUM is a solution provider for serial production of concrete structures.According to Ideol's statement on Thursday…

Malaysia: Petronas Launches Investigation into Fatal Offshore Incident

Oct 29, 2020

Malaysian oil and gas giant said Thursday it was investigating the cause behind the incident that happened earlier this week when the Dayang Topaz offshore vessel crashed into its platform at the Baram field, off Sarawak.'A thorough assessment of the platform structures is being carried out…

Cash Buyers All Jacked-up for Rig Recycling

Oct 29, 2020

As the old saying goes, one man’s misery is another man’s fortune. This could not be a more accurate statement reflecting the current offshore mobile offshore drilling unit (MODU) market. As MODU owners battle debts, restructuring and bankruptcy (see previous article MODU Owners Bite the Bullet)…

Ferrovial to Build DemoSATH Floating Wind Platform

Oct 29, 2020

Saitec Offshore Technologies, in cooperation with RWE Renewables, has announced the imminent start of the construction of its SATH floating platform for offshore wind turbines as part of its DemoSATH project.The construction contract has been awarded to Ferrovial…

Denmark to Host Talks on Hesselø Offshore Wind Farm Tender

Oct 29, 2020

Danish Energy Agency and Energinet will host a market dialogue for potential tenderers and the industry on the coming Hesselø Offshore Wind Farm tender. Hesselø Offshore Wind Farm is the second offshore wind farm agreed in the Energy Agreement of June 2018…

Current News

Total Keeps Dividend But Cuts Investment Target

Total Keeps Dividend But Cuts Investment Target

Norwegian Businesses See Rise in Wind Industry Orders

Norwegian Businesses See Rise in Wind Industry Orders

Baksaas Appointed DNV GL’s Chair of the Board

Baksaas Appointed DNV GL’s Chair of the Board

Op/Ed: Candidates Should Not Ignore Offshore Safety Advances

Op/Ed: Candidates Should Not Ignore Offshore Safety Advances

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