The U.S. government on Friday received just a single bid, from Hilcorp Alaska, for oil and gas drilling rights off the coast of Alaska the first federal auction in the region in more than five years.The offer of nearly 1 million acres in the…
The market for offshore support vessels has been through a rather rough few years since offshore exploration and production activity took a nose-dive in 2015 following the oil price crash the year before.The newbuild order boom that came with…
The Coast Guard called off its search for four passengers onboard a downed helicopter about 10 miles off the coast of Southwest Pass, Louisiana, at 6:15 p.m. Thursday.At around 8:40 a.m., Coast Guard District Eight watchstanders got a call from…
Singapore-based shipbuilder Sembcorp Marine has delivered Deepwater Titan, the world’s second 8th-generation drillship, to Transocean subsidiary Triton Titan GmBH.Deepwater Titan is the second of two new 8th-generation drillships constructed…
Russian gas exports to Europe via pipelines plummeted to a post-Soviet low in 2022 as its largest customer cut imports due to the conflict in Ukraine and a major pipeline was damaged by mysterious blasts, Gazprom data and Reuters calculations showed…
Marine services company James Fisher and Sons said it has sold another one of its dive support vessels (DSV) to India-based Seamec Limited.The U.K.-based firm announced on Wednesday it entered into a memorandum of agreement for the sale of the 2007-built…
UAE-based AD Ports Group and KMTF (Kazmortransflot), an offshore logistics and services subsidiary of the Kazakh National Oil Company (KazMunayGas), have signed a deal to launch a joint venture that will provide offshore and shipping services for energy companies in the Caspian Sea…
A keel laying ceremony was held Tuesday for the wind turbine installation vessel (WTIV) Boreas, being built for the Dutch marine and offshore services firm Van Oord.The ceremony took place at the YCRO yard in Yantai, China.The Boreas will be…
On Christmas Eve, Spanish shipyard Gondan Shipbuilders inaugurated the Commissioning Service Operation vessel (CSOV) C491, built for Edda Wind.The new ship is a CSOV of similar design as the other six vessels being built at Gondan.These eight vessels…
Bibby Marine's Bibby WaveMaster 1 (BWM1) set sail for Denmark this week, on a charter for Total Energies, to help get some of their personnel home in time for Christmas after weather conditions prevented helicopter transfer.BWM1, a walk-to-work…
Norwegian offshore vessel operator Solstad Offshore said Friday it had secured letters of awards from multiple unnamed subsea contractorsfor the hire of the construction support vessel Normand Maximus for the execution of projects during 2023…
Italy plans to boost its liquefied natural gas (LNG) import capacity to 27 billion cubic metres (bcm) from nearly 17 bcm currently as it seeks to completely replace Russian gas supplies following Moscow's invasion of Ukraine.In 2021, Moscow provided Rome with 29 bcm of gas via pipelines…
Offshore drilling firms Seadrill Limited and Aquadrill (ex-Seadrill Partners) on Thursday announced a definitive merger agreement under which Seadrill will acquire Aquadrill in an all-stock transaction. When the transaction is completed, Seadrill…
U.K.-based NR Marine Services has placed an order with compatriot shipbuilder Divers Marine for a new new crew transfer vessel (CTV) to service the offshore wind industry. This newbuild, to be named NR Predator, will be a first of class Diverse…
Italian oil giant Eni has signed a contract with China's Wison Heavy Industry for the construction and installation of a floating liquefied natural gas (FLNG) unit with a capacity of 2.4 MTPA (million tons per annum). The FLNG will be deployed offshore the Republic of Congo…