Norwegian offshore vessel owner Island Offshore has tasked Kongsberg Digital with equipping its whole vessel fleet with Kongsberg Vessel Insight infrastructure solution.With 26 offshore vessels expected to feature Kongsberg's solutions, this…
Dutch FPSO leasing specialist SBM Offshore has completed the project financing of FPSO Sepetiba for a total of US1.6 billion, which SBM Offshore says, is the largest project financing in the company’s history.FPSO Sepetiba, formerly known as Mero 2…
A study, led by maritime design and applied technologies company Artemis Technologies has been awarded £533,000 to investigate transformative solutions to decarbonize crew transfer vessel (CTV) operations in the offshore wind sector.The grant…
Vineyard Wind, which is on track to be the first major U.S. offshore wind farm, closed on a $2.3 billion loan and will begin construction in Massachusetts later this year, its owners said on Wednesday.The senior debt financing allows the project…
SEA-KIT, a company designing and building Uncrewed Surface Vessels (USVs), has won funding to install a PCB-based hydrogen fuel cell, engineered by Bramble Energy, on its 12m USV ‘Maxlimer’ and demonstrate zero-emission maritime operations.SEA…
The UK-based Offshore Renewable Energy (ORE) Catapult has said it has secured funding for five projects as part of the Clean Maritime Demonstration Competition, funded by the Department for Transport and delivered in partnership with Innovate UK…
Marine battery maker Corvus plans an initial public offer (IPO) in the fourth quarter, aiming to list its shares on the Oslo Stock Exchange, its top executive said on Wednesday.The company, which assembles battery cells into giant batteries for ships such as ferries…
Offshore vessel operator and installation services firm Bourbon Subsea Services has recently completed the installation of the 3.6 MW TetraSpar floating wind turbine prototype at a test site in Norway.The TetraSpar Demo project is developed by Stiesdal Offshore Technology…
Russia's Energy Ministry is due to prepare a report in the coming days about the possibility of Rosneft exporting natural gas to Europe via the new Nord Stream 2 pipeline, Interfax cited Deputy Prime Minister Alexander Novak as saying on Wednesday…
Classification Society DNV has granted Gazelle Wind Power a statement of feasibility for its hybrid floating wind platform with, what Gazelle says is, a first-of-its-kind mobile mooring system. Gazelle says that its system combines the best…
Shearwater GeoServices has won a six-month contract extension with seismic data firm CGG on its Nebula survey offshore Brazil and is nearing completion of work for CGG on its North Viking Graben survey.Shearwater has previously conducted work…
Massachusetts offshore wind developer Mayflower Wind announced it has hired Will Cotta as its supply chain manager.Cotta, who has experience working with the Mass Clean Energy Center and the offshore wind industry, is charged with growing Mayflower’s…
Royal Dutch Shell on Monday began evacuating staff from a U.S. Gulf of Mexico oil platform, and other energy companies began preparing for hurricane-force winds from a second Gulf Coast storm in as many weeks.Tropical Storm Nicholas was about 105 miles (115 km) south of Port O'Connor…
The Gulf Coast of Texas and Louisiana was bracing on Monday for the arrival of Tropical Storm Nicholas, which was expected to batter the region with life-threatening storm surge, flash flooding and gusty winds.The storm, carrying winds of 60 mph (97 kph)…
Siem Offshore said one of its dual fuel platform supply vessels (PSV) has been upgraded with a hybrid battery package, in line with the company’s goals to reduce its environmental footprint.The installation aboard the 2014-built VS 4411 DF Siem…