Offshore News

 

Offshore Wind: Half Empty or Half Full?

Feb 11, 2020

As a new decade starts, offshore wind development continues to progress. Actually, it’s probably more accurate to write that the development of the development of offshore wind (OFW) continues to, uh, well, develop.Apologies for that mild sarcasm…

Harvey Gulf CEO to Remain Until 2027

Feb 10, 2020

New Orleans based offshore vessels company Harvey Gulf International Marine said it has signed an agreement with its CEO, Shane Guidry, to remain at Harvey until January 1, 2027.Guidry commented, “Over the past several years, Harvey Gulf has…

Unique Group Acquires APAC Marine Unit

Feb 09, 2020

Integrated marine and subsea solutions provider Unique Group has announced the acquisition of the Australian-company Western Advance’s Marine Division.The provider of services and solutions for the offshore, subsea and life support industries…

Offshore Installation Ship Island Victory Delivered

Feb 07, 2020

Island Offshore took delivery of Island Victory, a new offshore installation vessel, at VARD Langsten today (Friday, February 7, 2020).Upon delivery the vessel will head straight into operation, spending a couple of weeks in the spot market…

Havyard Outsources Platform Supplier Work to Kleven

Feb 07, 2020

Norwegian offshore vessel builder Havyard will outsource the construction of the Atlantic Harrier platform supply vessel to its compatriot yard Kleven, as delays with other projects have put a strain on Havyard’s Leirvik facility.The platform supplier was first ordered by Fafnir Offshore in 2014…

Offshore to Constitute 25% of Wind Demand

Feb 06, 2020

Offshore wind will constitute 25% of total wind demand in 2028, up from 10% in 2019 and will narrow the gap with offshore upstream oil and gas in terms of capital expenditure deployment, said the analyst firm Wood Mackenzie.The possibility of offshore wind becoming cheaper than coal…

Petrobras Charters AET Shuttle Tanker Trio for $525.6M

Feb 06, 2020

Tanker operator AET has won a long-term deal with the Brazilian oil company Petrobras for the charter of three shuttle tankers that will offload oil from Petrobras' offshore oil platforms and FPSOs.AET said Thursday the long-term charters would…

Vattenfall Steps Up Offshore Wind Market

Feb 05, 2020

Swedish multinational power company Vattenfall said that it had reached a number of important milestones during the year 2019. In Denmark the Horns Rev 3 (407 MW) wind farm was inaugurated, and construction was started on Kriegers Flak (605 MW)…

Van Oord Opts for Seatools

Feb 03, 2020

Subsea technology company Seatools has completed the delivery of a CT umbilical winch on behalf Van Oord Offshore.The winch will power Van Oord’s new subsea trencher “Deep Dig It,” which will be deployed during cable installation operations at an offshore wind farm later this year…

Northwester 2 OWF Goes Online

Feb 02, 2020

The first turbine at the 219-MW Northwester 2 offshore wind farm being built in Belgian waters has started exporting electricity to the country's power grid.The project will utilize 23 MHI Vestas 164-9.5 MW turbines – the most powerful turbines to enter commercial operation to date…

MOL in Restructuring Excercise

Feb 02, 2020

Japanese shipping major Mitsui O.S.K. Lines (MOL) has unveiled a number of new restructuring measures effective April 1, 2020.According to a press release, the  marine transportation provider intends to establish three new divisions and integrate its two tanker divisions to achieve synergy…

Zenith Norway Established for Offshore Ops

Jan 31, 2020

Canadian international oil and gas production company Zenith Energy has established a Norwegian subsidiary - Zenith Norway - as a precursor to securing its first acreage off the country.  Zenith said it intends to use Zenith Norway as a vehicle…

Simec: Tidal Power Hits Record at MeyGen

Jan 31, 2020

The developer of renewable and sustainable energy projects, Simec Atlantis Energy, has hailed progress at its MeyGen project – announcing that its 2019 performance represents a record period of uninterrupted generation from a tidal turbine venture of its kind…

Solstad Reups, Expands Deal with Marlink

Jan 29, 2020

Norwegian offshore services and supply vessel company Solstad Offshore has renewed its connectivity contract with Marlink, committing 65 offshore vessels to Sealink, Marlink’s high-throughput Ku-band VSAT service. Solstad’s vessels will be provided…

CaribX Ups Stake in Cape Licence Off Honduras

Jan 28, 2020

The Central American and Caribbean specialist exploration company CaribX said that it is increasing its share of the Main Cape Operating contract in Honduras.Following government approval CaribX will hold a 55% interest in the highly prospective licence area…

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