Offshore News

 

UK, Japan Concerned Over East, South China Seas Situation

Feb 03, 2021

Four ministers from Japan and Britain voiced serious concern on Wednesday about the situation in the East and South China seas and opposed any unilateral attempts to change the status quo, in a apparent reference to China’s maritime expansion…

Offshore Wind Firm Ørsted's CEO Optimistic Biden Will Speed Up Permitting

Feb 03, 2021

Energy group Ørsted expects previously delayed U.S. wind farm projects to receive swifter approval under President Joe Biden's administration, the new chief executive of the Danish energy group said on Wednesday.Mads Nipper, who took the helm of the company in January…

Valaris Drillship Goes Adrift off Scotland

Feb 03, 2021

A Valaris drillship went adrift on Tuesday evening, breaking free from moorings near the port at Hunterston, North Ayrshire, Scotland.According to BBC, which was the first to report on the incident on Wednesday, 'a major rescue operation has been ongoing overnight…

New Jones Act SOV Design Unveiled

Feb 02, 2021

The U.S. is going to need a fleet of Jones Act compliant vessels to serve its budding offshore wind industry. New Orleans-based Technology Associates, Inc. (TAI) said it has designed a range of EnviroMax diesel-electric hybrid service operation…

Lenders to Sell Polarcus' Vessels. All Employees to Be Laid Off

Feb 02, 2021

Lenders of the troubled marine seismic contractor Polarcus, which last week took control of the company's vessels after a debt payment default, will sell Polarcus' vessels and all the employees will be let go.Banks last week tool control of Polarcus' subsidiaries that own seismic vessels…

VIDEO: 2021 Will Be a 'Step-change' for U.S. Offshore Wind Industry

Feb 01, 2021

Despite being the second-largest global market for onshore wind, the United States is today a very minor player in comparison to the European and East Asian offshore wind markets, however, this is about to change.Philip Lewis, Director of Research…

PDVSA Eyeing Export Options for Crude Oil from Nabarima FSO

Feb 01, 2021

Venezuela's state-run oil company PDVSA has begun marketing about 570,000 barrels of Corocoro medium crude recently offloaded from a floating facility that was listing last year, two sources with knowledge of the offer said on Friday.Crude onboard…

Gallery: BP's Giant Argos Platform Loaded on BOKA Vanguard in South Korea

Jan 29, 2021

BP's giant Argos offshore platform, to be used for the Mad Dog 2 development in the Gulf of Mexico, was this week loaded on Boskalis' BOKA Vanguard vessel in South Korea and is preparing set sail for the U.S.According to Boskalis, the Dutch marine services contractor…

Global Energy Group Gets Financial Boost for Port of Nigg Facility Expansion

Jan 29, 2021

Scottish regional development agency, Highlands and Islands Enterprise (HIE), has approved an investment of up to £8.3m in Scottish Government funding for an £18.9m project to develop the East Quay at Global Energy Group's Port of Nigg facility…

$2.6 Million Awarded to Advance US Offshore Wind Innovation

Jan 28, 2021

The National Offshore Wind Research and Development Consortium (NOWRDC)has made available $2.6 million for a group of projects aiming to advance technological innovation that will drive down costs of offshore wind development in the U.S.The Consortium…

Abu Dhabi Ports, Allianz Marine form Offshore Logistics JV

Jan 28, 2021

Abu Dhabi Ports’ maritime arm SAFEEN has signed an agreement with offshore vessel owner Allianz Marine & Logistics Services (AMLS), to launch a new international provider of integrated maritime logistic services.'Operating under the title of…

Keppel to Exit Offshore Rig Building Business

Jan 28, 2021

Singapore's Keppel Offshore & Marine, a company famous for its offshore rig construction, is set to undergo a major transformation, look for opportunities as a developer and integrator of offshore energy and infrastructure assets, and exit the offshore rig building business…

Biden Pauses Federal Oil & Gas Leasing, Eyes Offshore Wind Growth

Jan 28, 2021

President Joe Biden on Wednesday signed a new raft of executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies, as he pursues green policies he billed as a boon for job creation…

Tidewater Taps Inmarsat for Fleet Xpress Upgrades

Jan 27, 2021

Satellite communications company Inmarsat said it has secured a fleet-wide agreement with Tidewater to upgrade the majority of the offshore support vessel (OSV) owner's active fleet to Fleet Xpress, complete with advanced vessel technology efficiencies…

Biden to Target Drilling, Fossil Fuel Subsidies in New Climate Orders

Jan 27, 2021

President Joe Biden was set on Wednesday to sign executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies as he pursues green policies in stark contrast to those of his predecessor Donald Trump…

Current News

Eni Officially Enters Giant Offshore Wind Project in UK

Eni Officially Enters Giant Offshore Wind Project in UK

Bumi Armada 4Q Profit Boosted by Armada Kraken FPSO Performance

Bumi Armada 4Q Profit Boosted by Armada Kraken FPSO Performance

C-Innovation Invests in Covid-19 Mitigation on its Offshore Construction Vessels

C-Innovation Invests in Covid-19 Mitigation on its Offshore Construction Vessels

Turkish Oil Spill Response Firm Acquires Saab Seaeye ROV

Turkish Oil Spill Response Firm Acquires  Saab Seaeye ROV

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