Offshore
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Balmoral wins offshore wind cable protection system deal
Offshore energy supply chain firm, Balmoral, has won a multi-million-pound contract award for a fixed wind cable protection system (CPS)…
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Miclyn Express Offshore wins vessel contract in Saudi Arabia
Miclyn Express Offshore (MEO) has announced a new award for one of its vessels in Saudi Arabia. A contract has…
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Norwegian newcomer Eldorado Drilling raises funds for drillship acquisitions
Norwegian outfit Eldorado Drilling, backed by several high-profile investors, has raised $130m to fund its offshore rig acquisition programme. The…
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Prysmian eyes $4.9bn cabling deal in Germany
Italian cabling giant Prysmian has been designated as the preferred bidder by German transmission system operator Amprion to secure contracts…
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Exxon to invest nearly $13bn in sixth project offshore Guyana
US oil giant ExxonMobil revealed that it would invest around $12.93bn in developing its sixth offshore project in Guyana. Exxon’s…
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Equinor to cut offshore platform emissions with heat recovery system
Norwegian energy major Equinor will replace two gas turbines with heat recovery to produce electric power on the Statfjord C…
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Three shipowners take on new absolute zero emissions challenge
Three shipowners have accepted to take up the absolute zero emissions challenge posed by the Zero Emissions Ship Technology Association…
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Europe urged to catch up as only 2.1 GW of new offshore wind installed in first half
Europe installed 2.1 GW of new offshore wind in the first half of 2023, far below the level needed to…
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ADNOC Logistics & Services takes Safeen MPSV
ADNOC Logistics & Services (ADNOC L&S) has strengthened its offshore fleet with a modern multipurpose support vessel. The shipping and…
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Golden Energy Offshore given six-month PSV extension
Norwegian owner Golden Energy Offshore Services (GEOS) has won an extension for the charter of the platform supply vessel (PSV).…
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Elanora Offshore planning 5GW Australian offshore wind farm
An Elanora Offshore-led consortium has stated plans to build a 5GW offshore wind project in Australia. The consortium, led by…
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Investments of $27bn needed to meet global offshore wind targets by 2026
The global offshore wind sector grapples with a fresh set of challenges in cost escalation and supply chain pressures and…
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Trøim’s Borr Drilling looks to speed up delivery of jackup newbuilds
Tor Olav Trøim has stepped up his ambition in the offshore drilling market with plans to bring forward the delivery…
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DNB sells down in Seadrill
Norway’s DNB Bank has offloaded 1m shares in New York and Oslo-listed offshore driller Seadrill. The share sale is equal…
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Reach Subsea lines up contract with European energy major
Norwegian offshore services player Reach Subsea has been successful in its bid to carry out work for an undisclosed European…
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Gardline awarded survey contract for UK Southern North Sea gas project
Gardline, part of Boskalis, has secured a contract from Hartshead Resources and its joint venture partner Rockrose Energy to carry…
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Polish 1.2GW wind farm given offshore construction permits
Baltic Power has been given the first building permits for the 1.2 GW offshore wind farm which will be developed…
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Borr Drilling wins pair of jack-up contract extensions
Norwegian jack-up rig owner Borr Drilling has secured contract extensions for its Norve and Prospector 1 jack-up drilling rigs. The…
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BW Offshore and Dyna-Mac eyeing opportunities in carbon capture and storage
BW Group’s Oslo-listed floater specialist, BW Offshore, has teamed up with Singapore-based fabricator Dyna-Mac to jointly pursue carbon capture and…
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Mainstream joins Ocean Winds on another ScotWind floating wind project
Aker Horizons-controlled Mainstream Renewable Power and Ocean Winds, a joint venture between France’s Engie and Portuguese electric utilities company EDP,…
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