Offshore News

 

Siem Offshore's Vessel Hired for Offshore Wind Work

Nov 11, 2021

Siem Offshore has won a contract for its multi-purpose support vessel Siem Dorado in the offshore wind market.The Norwegian vessel owner said the up to 210 days firm contract plus options, was with an undisclosed international client.The contract…

Baker Hughes Signs Deal with Shell for Renewable Energy Credits

Nov 10, 2021

Oil major Royal Dutch Shell's clean energy unit will provide renewable energy credits (REC) to oilfield firm Baker Hughes' facilities in United States for a two-year period, the companies said on Wednesday. The move comes as climate activists…

Eneti to Raise $200M for WTIV Construction via Share Sale

Nov 10, 2021

Offshore wind turbine installation firm Eneti plans to raise $200 million through a public offering of shares. It will use the funds raised to fund wind turbine installation vessel newbuilding program consisting of one contracted newbuilding vessel…

Noble Corp. Shareholder to Vote Against Maersk Drilling Merger

Nov 10, 2021

Following the announcement of a proposed merger between offshore drillers Maersk Drilling and Noble Corporation on Wednesday, a Noble shareholder said it would vote against the deal.The combination is a primarily all-stock transaction where…

U.S. Proposes New Marine Sanctuary Offshore California

Nov 10, 2021

The Biden administration on Tuesday said it was taking steps to designate a national marine sanctuary off the coast of central California. President Joe Biden has set a goal of safeguarding 30% of U.S. land and water over the next decade. The…

Watch: Barge Master's Motion-compensated Solution for Offshore Wind Feeder Vessels

Nov 09, 2021

Dutch company Barge Master earlier this year said it had developed a motion-compensated feeder solution for the next generation of offshore wind turbines, called BM-Feeder.The company at the time said that its motion-compensated platform could…

Emission Reduction: Eidesvik, Aker BP, Alma to Test Ammonia Fuel Cell Tech on Offshore Vessels

Nov 09, 2021

Eidesvik Offshore, a Norwegian offshore support vessel owner, has signed a deal with oil firm Aker BP and Alma to investigate the possibility of using Alma's fuel cell technology to accelerate the transition to zero-emission shipping.Alma is…

Solstad Offshore, DOF Sell Construction Support Vessels

Nov 09, 2021

Norwegian offshore vessel owners DOF and Solstad Offshore on Tuesday each announced construction support vessel sale deals.DOF Subsea said it had agreed to sell the vessel “Geosund” to an international buyer. The estimated delivery of the vessel to the new owner is in Q1…

Offshore Wind Vessel Firm Edda Wind Plans Oslo IPO

Nov 08, 2021

Offshore wind vessel company Edda Wind, owned by Wilhelmsen and Østensjø, on Monday announced plan to launch an offering of shares in the company and to apply for a listing on the Oslo Stock Exchange (the “IPO”).Based in Haugesund, Norway, Edda Wind develops…

Saudi Arabia: IMI, Zamil in Offshore Support Vessel JV

Nov 08, 2021

International Maritime Industries (IMI), which describes itself as the largest maritime yard in the MENA region, has signed a Joint Venture Agreement with Zamil Offshore to deliver Offshore Support Vessel (OSV) building and maintenance, repair…

BW Offshore's FPSO to Stay in Nigeria for One More Year

Nov 08, 2021

Norwegian floating oil and gas production systems owner BW Offshore has secured a one-year contract extension in Nigeria for one of its FPSOs.The contract, with Addax Petroleum Exploration (Nigeria) Ltd, is for the lease and operation of the FPSO Sendje Berge…

Bladt, Semco to Deliver Three 880MW Offshore Substations for CVOW Project

Nov 08, 2021

Danish offshore energy industry services firms Bladt Industries and Semco Maritime have been awarded a contract to deliver substations for Dominion Energy's Coastal Virginia Offshore Wind project in the U.S.The contract comprises three 880 MW offshore substations…

Uniper CFO: Nord Stream 2 Completion Not Cure-all for Gas Market Woes

Nov 08, 2021

The completion of the controversial Nord Stream 2 gas pipeline to bring more Russian gas into Germany under the Baltic Sea would go some way to relieving the tight gas market this winter, but there were other factors at play, the chief finance officer of utility Uniper said…

Hornsea Two: Jumbo Completes Delivery of Wind Turbine Foundation Parts in 37 Voyages

Nov 05, 2021

Dutch heavy lift shipping and offshore transport & installation contractor Jumbo has completed the transport and handling of offshore wind turbine foundation components for Ørsted’s Hornsea Two offshore wind farm in the UK.Supporting DEME Offshore…

Shell Restarts Production from Hurricane-hit Platforms in Gulf of Mexico

Nov 05, 2021

Shell said on Friday it had restarted production at its offshore Mars and Ursa in the Gulf of Mexico and began exporting oil and gas through a transfer facility, which was shut due to damage from Hurricane Ida.The oil major was the hardest-hit producer from Ida…

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