Offshore News

 

Jumbo and SAL to Form Joint Venture

Mar 08, 2021

German-based breakbulk and project cargo shipping company SAL and Dutch maritime heavy lift transport and installation contractor Jumbo have announced their intention to form a joint venture.Combining a large part of their fleets, engineering…

US Vineyard Wind Project Clears Key Hurdle

Mar 08, 2021

The Interior Department completed its final environmental review of what would the first commercial scale U.S. offshore wind farm, it announced on Monday, clearing a key hurdle needed to permit the project off Massachusetts.The U.S. Bureau of…

Strong Offshore Wind Lifts U.S. Maritime, Port, and Logistics Companies

Mar 08, 2021

After several false starts, 2021 is the year when the U.S. offshore wind industry begins to realize its potential. This is according to Philip Lewis, Director of Research, World Energy Reports (WER).In an interview with Maritime Reporter TV's Greg Trauthwein…

USA: Senator Cruz Puts Hold On Biden's CIA Pick over Nord Stream 2 Pipeline

Mar 08, 2021

Republican Senator Ted Cruz put a hold late on Friday on President Joe Biden's pick to lead the Central Intelligence Agency to pressure the administration to put tough sanctions on Russia's Nord Stream 2 natural gas pipeline project.The Senate Intelligence Committee last week backed William Burns…

Oil Surges After OPEC+ Extends Cuts

Mar 05, 2021

Oil prices jumped about 3% on Friday, hitting their highest levels in over a year, following a stronger-than-expected U.S. jobs report and decision by OPEC and its allies not to increase supply in April.Brent futures rose $2.10, or 3.2%, to $68…

Another Vessel Joining Nord Stream 2 Pipeline Construction

Mar 05, 2021

The consortium behind the Nord Stream 2 undersea gas pipeline said on Thursday a second Russian pipe-laying vessel is undergoing sea trials ahead of joining the project, as it presses on with construction despite growing political pressure.The vessel…

Valaris Set to Emerge from Bankruptcy as Reorganization Plan Approved

Mar 05, 2021

Offshore drilling company Valaris, the world's largest by fleet size, has received approval from the United States Bankruptcy Court for the Southern District of Texas of its prearranged plan of reorganization, and has agreed with Korea's Daewoo to delay deliveries of two newbuild drillships…

Taiwan: Keel Laying Ceremony Held for Offshore Wind Installation Vessel Green Jade

Mar 05, 2021

An official keel-laying ceremony for the offshore wind installation vessel ‘Green Jade’ was held Friday at CSBC’s shipyard in Kaohsiung, marking an important moment in Taiwan’s maritime and offshore wind history.‘Green Jade’ is owned by CDWE…

Hybrid Accommodation Vessel MWV Falgout Delivered

Mar 04, 2021

The Chinese-built hybrid accommodation vessel MWV Falgout has been delivered to end client Brunei Shell Petroleum.The 80-meter vessel, a new purchase for Bruneian owners JISCO Marine Sdn Bhd, will be employed on long-term charter for the Bruneian oil and gas company…

Norwegian Seismic Firm Reactivates Vessels Citing Pick Up in Activity

Mar 04, 2021

Norway-based marine seismic surveyor PGS said Thursday it was experiencing an increase in seismic acquisition project activity, and that it would reactivate some previously stacked vessels.'Based on project awards so far, PGS has started preparations…

Solstad Offshore CSVs Net Offshore Wind, Seismic Survey Contracts

Mar 04, 2021

Norwegian offshore vessel provider Solstad Offshore said Thursday it had won new contracts for two of its subsea construction vessels (CSV), the Normand Fortress and the Normand Mermaid, in offshore wind and seismic sectors, respectively.The…

REM Offshore's Wind Service Vessel to Feature NES Technology

Mar 03, 2021

Havyard Group's subsidiary Norwegian Electric Systems (NES) has won a contract to deliver energy design and smart control solution to Rem Offshore’s new vessel for the offshore wind service market. The contract was awarded by Green Yard Kleven who is building the vessel…

DOF Sells Platform Supplier Skandi Texel

Mar 03, 2021

Norwegian offshore vessel owner DOF Rederi AS, a subsidiary of DOF, has sold the platform supply vessel Skandi Texel.DOF said Wednesday that the vessel had been sold to a Norwegian company. It did not say who the buyer was exactly, but it did say that the vessel would leave the oil services sector…

Dudgeon Offshore Wind Farm: Equinor Renews Charter for Esvagt Njord SOV

Mar 03, 2021

Norwegian energy firm Equinor has awarded a 5-year contract extension to Danish offshore vessel owner Esvagt for the use of the Esvagt Njord vessel at the Dudgeon offshore wind farm in the UK. The extension runs until 2026.The SOV (Service Operation…

ABS: U.S. Offshore Wind Vessel Demand Set to Soar

Mar 02, 2021

It's no longer news that the U.S. is set to become the next big offshore wind market, with an IEA 2019 report forecasting 40 GW of installed offshore wind capacity in the country by 2040, which will require a $100 billion investment.To meet this expected growth…

Current News

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