Offshore
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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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Equinor awards Canada survey contract to Fugro
Norway’s Equinor has selected Dutch surveyor Fugro to perform a deepwater site investigation in Canada’s Flemish Pass, 500 km off…
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Offshore wind FIDs to jump over 50% outside China by 2022: Westwood
Offshore wind energy projects final investment decisions (FIDs), outside mainland China, will grow 57% in the next 18 months, compared…
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Sapura Energy wins $244m in contracts
Malaysia’s Sapura Energy announced that its wholly-owned subsidiaries in engineering and construction have been awarded contracts with a combined value…
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Vaalco Energy eyes FPSO alternative off Gabon
Houston-based Vaalco Energy is looking to ditch BW Offshore’s FPSO on the Etame Marin field offshore Gabon after signing a…
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Gothenburg makes CO2 export hub plans
Gothenburg and Sweden aim to be one of the first locations to create a joint infrastructure for the transportation of…
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Oil majors stay in the race for 1GW French offshore wind project
Six developers, including oil majors, green energy giants and investment firms have been pre-qualified to advance to the next phase…
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Pace of FPSO awards tipped to quicken
The pace of FPSO awards is expected to quicken in the coming months on the back of an improving price…
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Diamond Offshore completes restructuring, exits chapter 11
Houston-based Diamond Offshore Drilling has emerged from chapter 11 after completing a financial restructuring. Diamond Offshore had been working on…
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Seadrill seals drillship contract with Equinor in Brazil
John Fredriksen’s Seadrill has secured a contract with Equinor for the utilisation of the 2014-built West Saturn drillship on the…
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NYK eyes crew transfer vessel sector
Nippon Yusen Kaisha (NYK), one of Japan’s largest shipowners, has indicated its keenest to get into the crew transfer vessel…
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Archer taking over Deepwell from Moreld
Norwegian offshore service provider Archer has signed an offer letter with industrial group Moreld laying out principle terms to acquire…
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Force majeure declared at Total’s Mozambique LNG
French energy group Total has declared force majeure at Mozambique LNG due to unstable situation in the north of the…
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