Billionaire John Fredriksen-owned offshore drilling company Northern Drilling said Tuesday it had canceled a drillship resale contract with the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).In May 2018, Northern Drilling…
Russian liquefied natural gas producer (LNG) Sakhalin Energy said on Wednesday post-shutdown commissioning was continuing at the second LNG train at its Prigorodnoye production complex.Comprehensive maintenance work, which began on July 9, had been initially due to last around 37 days…
The U.S. Coast Guard and National Transportation Safety Board on Friday wrapped up the formal public hearing proceedings into the sinking of the liftboat Seacor Power and the death of 13 of its 19 crewmembers in the Gulf of Mexico.The Seacor Power capsized in heavy winds and seas on April 13…
Venezuela's national oil company PDVSA is reportedly preparing to resume production from the Corocoro offshore oil field.Reuters said Thursday, citing people familiar with the matter, that PDVSA would use the Cororoco oil to feed its refineries…
Global maritime group Wilhelmsen and the Norwegian offshore supply base firm NorSea have together acquired an 18% stake in the Norwegian deep-sea mining company Loke Marine Minerals.'As the energy transition continues to gather pace, we are actively looking at new projects and business areas…
The hull of the FPSO Prosperity, which will be Guyana's third offshore oil production unit once delivered, has arrived at the Keppel yard in Singapore, where it will be fitted with topside modules.SBM Offshore, which will deliver the FPSO to end client ExxonMobil…
South Korean subsea cable firm LS Cable & System said Wednesday it would soon acquire the largest submarine cable laying barge in Korea, targeting offshore wind opportunities.'LS Cable & System is planning to strengthen its position in the submarine…
A day after the Norwegian company Aker BP on Tuesday said it had installed the HOD B platform topsides in the North Sea, off Norway, Dutch contractor Heerema Marine Contractors shared photos of the installation process.Heerema was responsible…
Offshore installation firm Jan De Nul has recently sold its jack-up installation unit Taillevent, to make room for higher-spec vessels that will soon join its fleet.The sale includes the Taillewent vessel only, with the crew deployed to other Jan De Nul vessels…
Energy and telecom cable systems company Prysmian Group announced it has taken delivery of the 'unique' and 'record-breaking' battery-hybrid cable laying vessel Leonardo da Vinci. “Leonardo da Vinci is the most efficient cable layer in the world…
As of end-June 2021, more than 100 turbine and foundation installation and maintenance vessels will be required for offshore wind projects planned over this decade.More than 100 turbine and foundation installation and maintenance vessels will…
Siemens Gamesa and GRI Renewables Industries will invest more than $360 million into offshore wind manufacturing facilities in northeast England.Siemens Gamesa will invest a total of $258m to expand its blade manufacturing site located near…
Oil prices fell by 4% on Monday, extending last week's steep losses on the back of a rising U.S. dollar and concerns that new coronavirus-related restrictions in Asia, especially China, could slow a global recovery in fuel demand.A United Nations…
ESVAGT and Ulstein have entered into a contract for the conversion of two platform supply vessels (PSV) to hybrid battery-powered emergency response rescue vessels (ERRV).The two PX121 design PSVs Hermit Fighter and Hermit Prosper, designed by Ulstein Design & Solutions AS…
Norwegian offshore service and supply ship shipping company Solstad Offshore announce it has secured a new contract for one of its construction support vessels (CSV) with Petrobras offshore Brazil. Financial details of the deal were not disclosed…
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