Offshore
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Valaris emerges from chapter 11
Offshore driller Valaris has completed its financial restructuring and emerged from chapter 11, with its plan approved and confirmed by…
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Northern Offshore boosts offshore wind fleet with Wilson Offshore quartet
CTV operator Northern Offshore Services (N-O-S) is increasing its offshore wind offering with larger offshore supply vessels by taking over…
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Petrobras seeks ninth floater for Búzios field
Brazilian oil major Petrobras has initiated the bidding process for the acquisition of a new floating production storage and offloading…
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Floating wind prototype readies for Canary Islands deployment
X1 Wind is preparing to deploy its new PivotBuoy floating wind technology in the Canary Islands after successfully completing the…
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S&B acquires Technology Associates
Houston-based engineering firm S&B Infrastructure has acquired Technology Associates Inc. (TAI), a naval architecture and marine engineering company. The acquisition…
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BP eyes Scottish offshore wind
BP is reportedly looking to bid for offshore wind projects in Scotland as part of the ScotWind leasing round. The…
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Gunvor terminates Exmar FSRU charter
Commodity trading giant Gunvor has terminated the charter for Exmar’s 2017-built floating regasification barge (FSRU) which is the subject of…
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Baker Hughes wins Petrobras subsea contract
Oilfield services major Baker Hughes has been awarded a subsea contract from Petrobras as part of the Marlim and Voador…
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Havila Shipping seals Total extension for PSV pair
Norwegian OSV owner Havila Shipping has secured contract extensions with Total DK for the 2009-built and 2010-built Havila Fanø platform…
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Wind industry could add over 3m new jobs by 2025: GWEC
Expansion of the wind industry, both onshore and offshore, could create around 3.3m new jobs over the next five years,…
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Shearwater snaps up Polarcus assets
Offshore seismic firm Shearwater GeoServices has struck a deal with Tiger Moth, a company affiliated with Woodstreet, to buy marine…
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Rystad forecasts $810bn will be poured into the offshore wind industry this decade
The offshore wind industry’s global installed capacity is set to rise eight-fold, to exceed 250 gigawatts (GW) by 2030, with…
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Cadeler raises $96m to finance wind farm installation newbuilds
Oslo-listed Cadeler plans to double its fleet with two new offshore wind farm installation vessels expected to be completed by…
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Total expects at least one year delay on Mozambique LNG project
Total said its Mozambique liquefied natural gas (LNG) project in the Afungi peninsula in Cabo Delgado province will be postponed…
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Axxis Geo Solutions seals restructuring consent
Financially troubled ocean bottom node seismic player Axxis Geo Solutions has received creditors’ approval for its restructuring plan after it…
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Transocean awarded two new contracts and several extensions
Offshore drilling contractor Transocean has reported two new contracts and several extensions, taking the company’s total backlog at approximately $7.4bn.…
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Mozambique uncertainty weighs on Saipem’s outlook
Italian energy services company Saipem has not been able to provide an update on its 2021 guidance due to uncertainty…
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Lundin explores wave energy to power oil and gas platforms
Oil and gas firm Lundin Energy Norway is working with Swedish wave energy tech developer Ocean Harvesting Technologies on decarbonising…
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Acta Marine looking for offshore wind partners
Dutch offshore vessel owner Acta Marine and its shareholder MerweOord want to raise fresh capital from a new co-owner to…
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Solstad Offshore sells another AHTS, Eidesvik Offshore offloads PSV
Sales in the offshore supply vessel market continue with two Norwegian shipowners offloading an anchor handling tug supply (AHTS) vessel…
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