Offshore News

 

Solstad, Siem, Standard Supply Score Offshore Vessel Contracts

Jul 11, 2022

Norwegian offshore vessel owners Solstad Offshore, Siem Offshore, and Standard Supply have all secured offshore vessel contracts in the past few days.Solstad Offshore on Monday said it had secured a contract for the platform supply vessel Normand Swan in Australia…

Rovco Charters VOS Star

Jul 11, 2022

ROV services firm Rovco has chartered the VOS Star vessel from owners to support the delivery of its offshore wind farm projects.  The 68m long DP2 multi-purpose support vessel will support Rovco’s increasing number of secured offshore wind campaigns throughout 2022…

Eidesvik Offshore Bags 3-year Deal for Platform Supply Vessel

Jul 08, 2022

Norwegian oil and gas company Aker BP has awarded offshore shipowner Eidesvik Offshore a three-year contract for the platform supply vessel Viking Prince.The contract for the 89,6 meters long Viking Prince will begin after the completion of the vessel’s ongoing contract with Equinor…

Asia Spot LNG Prices Rise on Uncertainty over Nord Stream, Japan Supplies

Jul 08, 2022

Asian spot liquefied natural gas (LNG) prices jumped this week on fears of possible Russian supply disruptions to Japan and on rising demand due to a heatwave and concerns over the return of the Nord Stream pipeline after its planned 10-day maintenance…

Australia: Shell Ships LNG from Prelude FLNG Despite Staff Stoppages

Jul 08, 2022

Shell said on Friday it had loaded and shipped a cargo of liquefied natural gas (LNG) this week at its Prelude floating LNG facilityafter workers scaled-down industrial action at the site off northwestern Australia.The oil and gas giant slowed output at the 3…

Intelatus Provides Snapshot of U.S. Offshore Wind Industry Progress

Jul 06, 2022

The U.S. offshore wind sector continues its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, Intelatus Global Partners said in its July U.S. offshore wind report.Two major OCS projects with around 940 MW of capacity have reached FID and have started onshore construction…

Solstad Offshore Sells Platform Supplier to Atlantica Shipping

Jul 06, 2022

Solstad Offshore has sold the platform supply vessel Normand Aurora for an undisclosed fee.The Norwegian offshore vessel owner said that the delivery of the vessel to the new owner took place Tuesday, July 5, 2022.While Solstad did not say who the buyer was…

Norway's OSM Maritime Buys New Zealand's Kingston Offshore Services

Jul 05, 2022

Norway's offshore and maritime services provider OSM Maritime (OSM) has bought New Zealand’s oil and gas and offshore marine service firm Kingston Offshore Services. 'The acquisition was completed on June 30th and aims to further strengthen OSM’s current operations and services in Oceania…

Twelve Bodies Recovered From Waters Off Hong Kong After Typhoon Chaba Sinks Ship

Jul 04, 2022

Chinese search and rescue officials pulled 12 bodies on Monday from waters southwest of Hong Kong after an engineering vessel snapped in two as tropical storm Chaba passed through, state television said.Maritime authorities of the southern province…

Greece Can Cope With Possible Russian Gas Disruptions Thanks to LNG - Minister

Jul 04, 2022

Greece can cope well with potential cuts in Russian gas supply due to the availability of liquefied natural gas (LNG) as an alternative, its energy minister said on Monday after a meeting with energy suppliers and grid operators on energy security…

Five-year Plan: U.S. to Hold Between Zero and 11 Offshore Drilling Lease Sales

Jul 04, 2022

President Joe Biden's administration on Friday unveiled a five-year proposal for offshore oil and gas development in areas of existing production, and said the final plan may have anywhere from zero to 11 lease sales.The range of options, between two auctions a year and none at all…

Teekay Sells Sevan Hummingbird FPSO to Ping Petroleum

Jul 04, 2022

Teekay Corporation has found a new home for its Sevan Hummingbird FPSO following its recent departure from the Chestnut field in the UK North Sea, after 13 years of production there for Centrica's Spirit Energy. The cylindrical FPSO has been…

Cutting Emissions: Vestas Testing Use of Hydrogen-powered Crew Transfer Vessel

Jul 04, 2022

Danish offshore wind turbine manufacturer Vestas is partnering up with Windcat Workboats to launch a pilot program to explore how 'the world’s first' hydrogen-powered crew transfer vessel (CTV) can help reduce carbon emissions from its offshore service operations…

More Than Two Dozen Missing after Ship Snaps in Two, Sinks Off Hong Kong

Jul 04, 2022

More than two dozen crew on an engineering [reportedly an offshore wind] vessel [Fujing 001] with 30 people on board were missing after it snapped in two in waters off Hong Kong as tropical storm Chaba passed through, authorities said.Three crew members were rescued…

Cadeler Secures $192,3M Loan to Fund New Offshore Wind Vessels

Jul 01, 2022

Offshore wind installation contractor Cadeler has entered into a Senior Secured Green Revolving Credit Facility (“RCF”) of a 3-year term loan of EUR 185 million (around $192,3 million). Together with the company’s cash and cash equivalents,…

Current News

Saipem in Talks to End Its Arctic LNG 2 Projects in Russia

Saipem in Talks to End Its Arctic LNG 2 Projects in Russia

Keppel Terminates Semi-sub Rig, Jack-up Rig, and Liftboat Orders as Clients Fail to Pay Up

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MODEC, Toyo to Form Engineering JV for Large-Scale FPSOs

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International Breakthrough: Reach Subsea's OCTIO Nets 4D Geophysical Monitoring Work in Australia

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