Offshore News

 

Petroecuador Launches Auction to Boost Offshore Gas Field Output

Aug 10, 2023

Ecuadorean state oil company Petroecuador is seeking more than $173 million in private investment for a key natural gas field via an auction announced on Wednesday, part of a push to increase production in the Andean country.The government of…

Chevron, Woodside in Talks to Avert Strikes in Australia

Aug 10, 2023

Chevron and Woodside Energy Group said on Thursday they are holding talks with unions to avert threatened strikes at gas facilities that together supply about 10% of the global LNG market.Concerns over potential industrial action at three Australian LNG operations - North West Shelf…

COSCO Shipping Sets Semi-Sub Heavy Lift Record

Aug 09, 2023

COSCO shipping claims a new record for the heaviest tonnage and largest volume of a single piece of cargo carried.The record came with the smooth departure of the deepwater drilling platform, Deep Blue Exploration, transiting from Singapore to China on the 80…

Edison Chouest Offshore Building 'Mini' CTV

Aug 07, 2023

U.S. offshore vessel operator, builder and owner Edison Chouest Offshore (ECO) is constructing the U.S. offshore wind industry’s first ever mini-crew transfer vessel (CTV), designed by U.K.-based Chartwell Marine.Set to enter service in summer 2024…

Norwegian Firm to Supply Helideck for Hornbeck's Offshore Wind Vessel

Aug 07, 2023

Marine Aluminium AS has won a contract to supply the U.S. offshore vessel firm Hornbeck Offshore Services a helideck for its new conversion project. The 21-meter helideck has a landing capacity of up to Sikorsky S-92-sized helicopters.As previously reported by Offshore Engineer…

PHOTO: First U.S. Offshore Wind Substation Stands Tall

Aug 07, 2023

Avangrid, a U.S.-based subsidiary of the Spanish renewable energy giant Iberdrola, on Monday shared a photo of the completed Vineyard Wind 1 offshore wind substation.This is the first offshore wind substation installed in the U.S. and will serve…

Dominion Sees Virginia Offshore Wind Farm Complete in Late 2026

Aug 04, 2023

U.S. energy company Dominion Energy said on Friday that its roughly $10 billion Coastal Virginia Offshore Wind project was on budget and on track for completion in late 2026.The company said in its second quarter earnings presentation that it expected to get a Record of Decision from the U…

Norwegian Firm Agrees to Buy Five Vroon Offshore Vessels for $94M

Aug 04, 2023

Norwegian offshore vessel operator Golden Energy Offshore Services (GEOS) has entered into a binding Memorandum of Agreement for the acquisition of four platform supply vessels and one subsea support vessel from subsidiaries of Vroon Holding B…

VIDEO: Coast Guard Medevacs 71-Year-Old from Offshore Vessel

Aug 04, 2023

The U.S. Coast Guard on Thursday medevaced a 71-year-old man from an offshore supply vessel around 100 miles southwest of Port Fourchon, Louisiana.Coast Guard Sector New Orleans watchstanders received a call at approximately 2:51 a.m. from the…

From Telford Offshore to KNOT Offshore: Derek Lowe Named New CEO and CFO

Aug 04, 2023

Shuttle tanker owner KNOT Offshore Partners will appoint Derek Lowe as new Chief Executive Officer and Chief Financial Officer with effect from the week of September 11, 2023.The new appointment comes following the decision of Gary Chapman to…

WINDEA Converts OSV to CTV for US Offshore Wind

Aug 03, 2023

A Jones-Act-compliant offshore supply vessel (OSV) has been converted for use as a crew transfer vessel (CTV) in the growing U.S. offshore wind industry.Windea CTV, a joint venture between MidOcean Wind and the Hornblower Group, said the vessel…

Harsh Weather Offshore LNG Terminal Firm Crown to Merge with Catcha

Aug 03, 2023

Crown LNG Holdings AS, a provider of LNG liquefaction and regasification terminal technologies for harsh weather locations, has agreed to merge with Catcha Investment Corp, a publicly traded special purpose acquisition company, that would result in Crown becoming a U…

GEOS Secures Two-month Contract Extension for PSV in Norway

Aug 03, 2023

Norwegian offshore vessel owner Golden Energy Offshore Services AS (GEOS) has secured a contract extension with Repsol for its Energy Swan platform supply vessel in Norway.The contract is a direct continuation of the current charter contract from 2021…

Israel's Energy Minister Favors More Natural Gas Exports

Aug 02, 2023

Israel's energy minister said on Wednesday that more of the country's natural gas reserves should be earmarked for export, amid renewed interest in offshore exploration and debate on whether the gas should be kept for domestic use.Huge gas deposits…

BP, Equinor Seek Better Terms for U.S. East Coast Offshore Wind Projects

Aug 01, 2023

BP and its partner Equinor are renegotiating the terms of power supply agreements linked to their giant wind developments off the U.S. East Coast, BP CEO Bernard Looney said on Tuesday.'We are in the midst of renegotiating our PPA (power purchase…

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