Shuttle tanker owner KNOT Offshore Partners will appoint Derek Lowe as new Chief Executive Officer and Chief Financial Officer with effect from the week of September 11, 2023.The new appointment comes following the decision of Gary Chapman to…
A Jones-Act-compliant offshore supply vessel (OSV) has been converted for use as a crew transfer vessel (CTV) in the growing U.S. offshore wind industry.Windea CTV, a joint venture between MidOcean Wind and the Hornblower Group, said the vessel…
Crown LNG Holdings AS, a provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, has agreed to merge with Catcha Investment Corp, a publicly traded special purpose acquisition company, that would result in Crown becoming a U…
Norwegian offshore vessel owner Golden Energy Offshore Services AS (GEOS) has secured a contract extension with Repsol for its Energy Swan platform supply vessel in Norway.The contract is a direct continuation of the current charter contract from 2021…
Israel's energy minister said on Wednesday that more of the country's natural gas reserves should be earmarked for export, amid renewed interest in offshore exploration and debate on whether the gas should be kept for domestic use.Huge gas deposits…
BP and its partner Equinor are renegotiating the terms of power supply agreements linked to their giant wind developments off the U.S. East Coast, BP CEO Bernard Looney said on Tuesday.'We are in the midst of renegotiating our PPA (power purchase…
Dutch marine services firm Boskalis said Monday it had completed the installation of the first U.S.-made offshore substation, built for the South Fork Wind offshore wind project.Kiewit built the 1,500-ton, 60-foot-tall substation at its Ingleside facility near Corpus Christi…
The U.S. Bureau of Ocean Energy Management (BOEM) on Monday announced three final Wind Energy Areas (WEAs) offshore Delaware, Maryland, and Virginia.These areas, BOEM said, were developed following extensive engagement and feedback from states…
FPSO leasing company BW Offshore has signed a short-term extension for its Abo FPSO.The extension was signed with Nigerian Agip Exploration Ltd, a subsidiary of the Italian oil firm Eni, and runs until August 14, 2023.BW Offshore has been in talks to divest the FPSO…
Offshore wind vessel firm Purus Wind has appointed Oliver MacManus as general manager, with immediate effect.MacManus will focus on overseeing the running of the construction/service operation vessels (“C/SOV”) business. 'The appointment is…
Malaysia's Perdana Petroleum's subsidiary, Perdana Nautika, has secured a contract for the provision of an anchor handling, Tug, and Supply (“AHTS”) vessel to RMS Synergy.The contract started on June 13, 2023, and has a 60-day duration. The contract is valued at around RM4…
Great Lakes Dredge & Dock Corporation has signed the first ever subcontract for rock procurement for a U.S. offshore wind farm with Carver Sand & Gravel LLC (“Carver”), a U.S. quarry in the state of New York.Through this subcontract, Great Lakes…
Singapore's Keppel Corp KPLM.SI on Thursday reported a more than seven-fold jump in its first-half profit boosted by a one-off gain from the sale of its offshore and marine (O&M) unit and strong performance from the infrastructure business.Keppel…
The Board of Directors of Norway-based semi-sub accommodation vessel operator Prosafe has appointed Terje Askvig as the new CEO.He will start in his new position on November 1, 2023, with Reese McNeel continuing as interim CEO until then.For the last 11 years…
The chief executive officer of Mexican state energy oil Pemex on Wednesday sought to downplay an oil spill in the Gulf of Mexico this month, saying it was quickly fixed and less serious than academics had calculated.Pemex has been under intense…