Offshore News

 

Standard Drilling Sells PSV Standard Princess

Dec 30, 2021

Oslo-listed offshore energy investment firm Standard Drilling announced it has sold the platform supply vessel Standard Princess for $10.3 million.The Cyprus-headquartered company said Wednesday it completed the transaction after announcing a memorandum of agreement to sell the vessel in November…

Prysmian to Build US Subsea Cable Plant

Dec 29, 2021

Italy's Prysmian plans to invest around 200 million euros ($226 million) to build a plant in the U.S. to produce submarine power transmission cables, CEO Valerio Battista said to the media in remarks confirmed by a company spokesman.The plant…

Oil Firms Predict Rising Output, But Warn of Higher Costs

Dec 29, 2021

U.S. oil and gas executives are predicting higher production and drilling activity next year as oil prices climb, but say they face sharply higher costs, according to a poll released on Wednesday by the Federal Reserve Bank of Dallas.Some 49%…

Oil Prices Hold Near $80 on Tight Supply and Stocks Drop

Dec 29, 2021

Oil prices held close to $80 a barrel on Wednesday as global supply outages and declining U.S. inventories offset worries that rising coronavirus cases might reduce demand.Brent crude rose to as much as $79.20 a barrel before retreating to trade 24 cents down on the day at $78…

Havila Lines Up PSV Charters

Dec 28, 2021

Norwegian offshore vessel owner Havila Shipping this week announced it has been awarded two separate platform supply vessel (PSV) charter contracts.On Monday, the company said it entered into a contract with Harbour Energy for the 2010-built…

Edda Wind Bags Long-term Charter with Siemens Gamesa

Dec 28, 2021

Norwegian offshore wind services company Edda Wind said it has entered into a long-term contract with Siemens Gamesa Renewable Energy for one of its newbuild service operation vessels (SOV).The contract will commence mid-2023, and Edda Wind…

Building a New Fleet: CTVs for US Offshore Wind

Dec 27, 2021

The U.S. has big plans for its offshore wind industry, and shipbuilders like Blount Boats and others are ramping up to capitalize on the unprecedented opportunity.Earlier this year, the Biden Administration unveiled its goal to have 30 gigawatts…

Vroon Selects Blue Wireless to Deliver LTE Connectivity on Board its Fleet

Dec 27, 2021

Vroon announced it has selected wireless network service provider Blue Wireless to supplement connectivity on board its offshore vessel fleet. Blue Wireless is supporting the implementation and management of Cradlepoint’s 4G/LTE solution, equipping…

Van Oord Charters WTIV Seajacks Scylla

Dec 27, 2021

Eneti Inc. announced its subsidiary Seajacks UK Limited, a provider of installation and maintenance vessels to the offshore wind sector, has signed a contract with Dutch marine contractor Van Oord for the charter of wind turbine installation vessel (WTIV) Seajacks Scylla…

Solstad Awarded AHTS Contract in Brazil

Dec 27, 2021

Norwegian offshore vessel operator Solstad Offshore ASA announced on Monday it has been awarded a new contract with Petróleo Brasileiro S.A. (Petrobras) for the 80.4-meter anchor handling tug supply vessel (AHTS) BOS Turquesa.The contract is three years firm…

Europe Missing Out on Gas with Nord Stream 2 Delay, Russia says

Dec 24, 2021

Europe, struggling with soaring gas prices, is missing out on additional Russian supplies amid delays to the Nord Stream 2 pipeline, a top Russian official signaled on Friday.Deputy Prime Minister Alexander Novak said European companies that invested in the project…

Regulator Orders Shell to Keep Prelude FLNG Output Shut Until it Can Prove It Is Safe

Dec 24, 2021

Australian oil and gas industry safety regulator NOPSEMA has ordered Shell to keep the giant Prelude FLNG facility off W. Australia shut until it can convince the regulator that it can keep the facility properly powered and that the safety systems are operational…

USCG Concludes Investigation into Auger Lifeboat Accident

Dec 23, 2021

A U.S. Coast Guard investigation into a fatal lifeboat drill accident has resulted in 10 safety and eight administrative recommendations, the agency announced.In July 2019, two people were killed and another was injured while testing lifeboats…

Equinor Extends Charter for Eidesvik Offshore PSV

Dec 23, 2021

Oil and gas company Equinor has declared options to extend the contract for Eidesvik Offshore's supply vessel Viking Queen.The contract extension runs from the end of January 2022 in direct continuation of the current contract.The extension means the 2008-built…

Interfax: Nord Stream 2 Gas Pipeline to be Filled by Year-end

Dec 23, 2021

Russia's Gazprom will complete the filling of the Nord Stream 2 gas pipeline by the end of this year, Chief Executive Alexei Miller said on Thursday, according to the Interfax news agency.The first of the two lines of the pipeline, which runs from Russia to Germany…

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