Otto Candies Llc News

 

DOF Subsea Charters Jones Act-compliant Offshore Vessel

Feb 28, 2022

Oslo-listed Subsea services company DOF Subsea has entered into an agreement with Otto Candies for the charter of the Jones Act compliant vessel Chloe Candies for a firm period of two years. The deal follows on from the charter of the Ross Candies…

Enthusiasm for Clean Energy Undeniable, Sec. Haaland Says after Record U.S. Offshore Wind Lease Sale

Feb 28, 2022

The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from developers that included major European energy companies.The auction, which began on Wednesday and stretched into Friday afternoon…

U.S. Gulf of Mexico: 'Encouraging Result' at Winterfell-2 Offshore Well

Jan 18, 2022

The drilling of Beacon Offshore Energy's Winterfell-2 appraisal well on Block 943 in the Green Canyon area of the U.S. Gulf of Mexico has been completed with the well showing encouraging results, Kosmos Energy, a partner in the project said Tuesday…

TDI-Brooks Completes Geotechnical Program in GOM

Dec 28, 2021

TDI-Brooks said it completed a Geotechnical Site Investigation for Beacon Exploration & Production LLC in the deepwater Gulf of Mexico. The project consisted of ‘heavy’ geotechnical coring/cone penetration testing (CPT) with TDI-Brooks’ research vessel…

Taylor Energy, U.S. Feds Reach $475M Settlement in Longest-running Offshore Oil Spill

Dec 23, 2021

Oil company Taylor Energy Co LLC agreed to transfer a $432 million cleanup trust account to the U.S. government and pay an additional $43 million to resolve a lawsuit over its role in the longest-running oil spill in U.S. history under a proposed deal filed in New Orleans federal court on Wednesday…

Paltry Bidding for Alaska Oil Lease Sale

Nov 04, 2021

Alaska oil and gas lease sales offering tracts on the North Slope and Beaufort Sea drew almost no bids, state officials said Wednesday.Only six bids were submitted for onshore tracts in the central North Slope, and no bids were submitted for tracts in the Beaufort Sea or the Brooks Range foothills…

DEME Offshore to Install Foundations at Vineyard Wind 1 Offshore Wind Farm in U.S.

Oct 11, 2021

Belgian offshore installation contractor DEME Offshore, has through its U.S. subsidiary DEME Offshore US LLC, secured a contract for the installation of offshore wind turbine foundations for the Vineyard Wind 1 project in the U.S.Vineyard Wind 1…

5th Circ. Won't Reconsider Ruling on FLSA Exemption for Seamen

Oct 01, 2021

A U.S. appeals court on Thursday said workers who use cranes attached to boats to load equipment onto offshore oil rigs are not 'seamen' exempt from overtime pay under federal wage law, reviving a collective action against liftboat operator All Coast LLC…

King’s Quay Floating Production Unit Reaches Texas

Sep 22, 2021

China's Cosco Shipping has earlier this month delivered the King’s Quay floating production unit to Ingleside, Texas, aboard its M/V Xiang An Kou semi-submersible heavy transportation vessel, after a long journey from South Korea.The 21,498mt platform…

Prince Albert II of Monaco Christens Geomar's New AUV

Sep 09, 2021

Prince Albert II of Monaco on Thursday today christened the new autonomous underwater vehicle 'Albert I. de Monaco' at GEOMAR Helmholtz Centre for Ocean Research Kiel.The AUV “Albert I de Monaco” was built by IQUA Robotics in Spain. It is about 1…

Helmerich & Payne to Invest $100M in ADNOC Drilling IPO

Sep 08, 2021

U.S. contract oil and gas driller Helmerich & Payne (H&P) will invest $100 million in the initial public offering (IPO) of Abu Dhabi National Oil Company's drilling unit, the companies said in a joint statement.The cornerstone investment by…

C-Innovation Snags Multi-Year RLWI Contract

Aug 09, 2021

C-Innovation, LLC (C-I) won a multiyear contract for Riserless Light Well Intervention (RLWI) services with a major operator in the Gulf of Mexico.The contract is for the provision of RLWI services onboard the M/V Island Venture, C-I’s flagship intervention vessel commissioned in 2017…

C-Innovation Wraps Guyana Survey Remotely from U.S. HQ

Jun 14, 2021

C-Innovation, LLC (C-I), an Edison Chouest Offshore affiliate, said on Monday that it has completed its first remote survey scope in Guyana.Remote survey operations are based in C-I’s headquarters in Mandeville, Louisiana, U.S., and conducted by C-Survey (C-S)…

Oil Firms Challenge Fieldwood's Reorganization Plan

Jun 04, 2021

Several oil companies are challenging Fieldwood Energy’s proposed reorganization plan, saying it does not appropriately address its environmental obligations.The oil companies, which include Shell Offshore, BP Exploration & Production, ConocoPhillips Company and Marathon Oil Company…

Current News

BOEM Looks to Open 80 million Acres for Oil and Gas Lease Sale

BOEM Looks to Open 80 million

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Libya, Turkey Sign MoU To Cond

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Japanese Firm Joins Floating W

SLB OneSubsea Gets Work on Northern Lights CCS Project Expansion

SLB OneSubsea Gets Work on Nor

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