Dutch firm Damen Shipyards said Tuesday it was working to develop a new class of vessel that will be capable of supporting the growing floating wind industry.Damen has cited forecasts which indicate that by 2050 over 200GW or around 13,500 units…
Italy's commissioner for the set up of a new regasification terminal is confident the infrastructure could get the green light by the end of October, in time for extending the country's LNG capacity at the beginning of 2023.Under the government's energy plan…
Helix Energy Solutions Group, Inc. announced on Monday that it entered into a two-year extension of its well intervention charter and services contracts with Petróleo Brasileiro S.A. (Petrobras) for the Siem Helix 2 well intervention vessel offshore Brazil…
With volatile markets and increasing speed of technological changes – led by digitalization and decarbonization – Richard Ward discusses subsea production trends, opportunities and challenges.Richard, to start can you give a brief career bio with an overview of your current responsibilities…
In the last few years, there’s been a proliferation of projects targeting the production of hydrogen. Its seen as one of the levers towards net zero and, more recently, a way to help underpin energy security, especially in Europe. Many think producing the stuff offshore is a big opportunity…
Oil fell by more than 1.5% on Monday, pressured by expectations of weaker global demand and by U.S. dollar strength ahead of possible large increases to interest rates, though supply worries limited the decline.Central banks around the world…
PaxOcean said its Nanindah Mutiara Shipyard in Indonesia has secured a contract to convert a platform supply vessel (PSV) into a submarine cable laying vessel (CLV) for telecoms company PT Ketrosden Triasmitra.The PSV is the Norwegian-built Skandi Sotra…
Offshore installation specialist Jan De Nul Group said Thursday that the shipyard in China where its flagship jack-up installation vessel Voltaire is being built, was hit by typhoon Muifa in China during the night of 14 to 15 September 2022…
Edward Heerema, founder and president of the offshore installation services firm Allseas, has decided to step aside after nearly forty years at the helm. His eldest son Pieter will assume the role of president of the Allseas Group. According to Allseas…
Offshore accommodation company CBED has won a contract extension for its Wind Innovation service operations vessel Wind Innovation.Back in May, the company secured a contract for the vessel at the DanTysk and Sandbank offshore wind farms in the German North Sea…
The Biden administration on Thursday unveiled a plan to accelerate development of next-generation floating offshore wind farms by slashing the cost of the technology by 70% and setting a goal for it to power 5 million U.S. homes by 2035.The…
Bureau Veritas Solutions Marine & Offshore, the marine and offshore technical advisory branch of Bureau Veritas, saw a surge in the decommissioning support field orders in the first six months of 2022.The company said that new decommissioning support deals in the UK…
The Biden administration on Wednesday said it had reinstated bids from a November 2021 Gulf of Mexico sale of offshore oil and gas drilling rights, a requirement buried in U.S. President Joe Biden’s new climate change and drug pricing law.The…
U.S.-based offshore vessel operator Bordelon Marine has secured a one-year charter with Subsea 7 i-Tech US Inc. for its Connor Bordelon ultra-light intervention vessel.The Jones Act-compliant vessel is mobilized with two Schilling 150 HD Work…
The Biden administration on Monday proposed offshore drilling safety measures that it said would help prevent oil spills and protect workers and the environment.The proposal aims to restore safety provisions put in place by the Obama administration…
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