Offshore News

 

McDermott, BW Offshore Team Up for Blue Ammonia Production on FPSOs

Sep 19, 2024

McDermott and BW Offshore have entered into a collaboration to advance the technical and commercial viability of offshore blue ammonia production aboard a floating production storage and offloading (FPSO) facility.The strategic partnership aims…

Tidal Transit Orders Battery-ready CTV Pair

Sep 18, 2024

U.K.-based Tidal Transit said it has placed orders with Singapore's Penguin Shipyard for two new battery-ready crew transfer vessels (CTV) amid growing demand for green crew transport in the offshore wind sector.The company announced on Tuesday…

Drydocks World Orders Region’s Largest Floating Sheerleg Crane

Sep 17, 2024

Drydocks World has signed a deal for the largest floating sheerleg crane in the Middle East and Africa.Fabricated by Shanghai Zhenhua Heavy Industries (ZPMC), the new 5,000 tonne crane features a 160-meter-long A-frame and a 600-tonne fly jib that can extend its reach to 180 meters…

SLB Launches AI-Powered Workflow Platform

Sep 17, 2024

SLB has launched the Lumi™ data and AI platform which integrates advanced AI capabilities with workflows across the energy value chain.The open, secure and modular platform allows access to high-quality data across subsurface, surface, planning and operations…

Amogy and Partners to Develop Offshore Ammonia Cracking Solution

Sep 17, 2024

Ammonia-to-power solutions company Amogy announced it is teaming up with a group of industry partners to explore the technological feasibility of an innovative offshore ammonia cracking solution aimed at delivering low-cost, accessible clean hydrogen fuel…

ABS Greenlights Toray’s Innovative Technique for In-Situ FSO, FPSO Repairs

Sep 17, 2024

Japan-based Toray Industries has secured type approval from the American Bureau of Shipping (ABS) for the vacuum-assisted resin transfer molding (VaRTM) process for in-situ ship repairs, developed jointly with MODEC.The technique entails applying…

Global Marine Insurance Market Trending Upwards Since COVID

Sep 17, 2024

The International Union of Marine Insurance (IUMI) presented its analysis of the latest marine insurance market trends at its 150th annual conference in Berlin, Germany, on Monday.The global marine insurance premium base for 2023 was reported as $38…

US Schedules Gulf of Maine Offshore Wind Auction

Sep 16, 2024

The U.S. Interior Department on Monday announced an offshore wind energy lease sale on Oct. 29 for eight areas on the Outer Continental Shelf off Massachusetts, New Hampshire and Maine.If fully developed, these areas have a potential capacity of about 13 gigawatts of clean offshore wind energy…

Malaysia’s First Hybrid Fast Crew Boat Launched

Sep 16, 2024

Strategic Marine, in collaboration with Centus Marine, has unveiled Malaysia’s first hybrid Fast Crew Boat (FCB).The vessel is equipped with the latest hybrid technology and gyro-stabilization, marking a significant advancement in the region’s maritime industry…

Esgian Week 37 Report: New Contracts for Floating Rigs

Sep 15, 2024

Esgian provides an update on new contract awards for floating rigs in its Week 37 Rig Analytics Market Roundup.Report SummaryContractsTransocean Ltd. has secured a 365-day contract for the 12,000-ft drillship Deepwater Atlas with bp in the US GOM…

US Offshore Oil Production Reawakens in Wake of Hurricane Francine

Sep 13, 2024

U.S. Gulf of Mexico energy firms on Friday were lumbering back from hurricane disruptions as offshore oil and gas producers ramped up operations after halving the key energy region's output, ports reopened, and onshore terminals accepted oil and liquefied natural gas (LNG) tankers…

Crew Rescued from OSV That Caught Fire Off South Africa

Sep 13, 2024

Fifteen crew members have been rescued from an offshore supply vessel (OSV) that went up in flames off the coast of South Africa.The fire reportedly broke out and grew out of control in the messroom aboard the Marshall Islands registered vessel AM Pride on Thursday…

Offshore Driller Seadrill Has Its Sights Set on Asset Acquisitions, M&A

Sep 11, 2024

Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the company's CEO said on Wednesday.Norwegian-born billionaire John Fredriksen lost the control of the company, once the world's largest driller by market cap…

Key Louisiana Energy Port Operations Halted as Hurricane Francine Approaches

Sep 11, 2024

The U.S Coast Guard on Wednesday suspended operations at the offshore energy services hub Port Fourchon, Louisiana, as hurricane Francine bore down on the coast, according to a shipping advisory.The temporary closure of Port Fourchon, home to marine and equipment suppliers to offshore oil producers…

Van Oord’s Brand New Calypso CLV Set for Debut at RWE’s Offshore Wind Project

Sep 11, 2024

Van Oord’s new cable laying vessel (CLV) Calypso is gearing up for its debut at RWE’s 1.4 GW Sofia offshore wind farm in the UK.The inter-array cables have been loaded onto Calypso CLV at the Port of Blyth in the UK, ahead of its first job at RWE’s biggest offshore wind…

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