Offshore News

23 May 2019

Heerema Unveils World's Largest Offshore Crane Vessel

(Photo: Heerema Marine Contractors)

Dutch firm Heerema Marine Contractors and Singapore's Sembcorp Marine, on Thursday, showed off the world's largest crane vessel that can be used for the setup and decommissioning of offshore oil and gas facilities.The semi-submersible vessel, which cost Heerema about $1.5 billion, is equipped with two cranes that can reach a height of 220 metres, taller than the top of Singapore's iconic boat-shaped Marina Bay Sands hotel. The cranes have a combined lifting capacity of 20,000 tonnes…

23 May 2019

N-Sea Names New Chief Executive

Arno van Poppel (Photo: N-Sea)

N-Sea Holding announced Thursday it has appointed Arno van Poppel as Chief Executive of the Netherlands based subsea inspection, maintenance and repair (IMR) services provider.van Poppel succeeds Gerard Keser, who steps down from his current role after eight years with the company to take up a position on the company’s advisory board.With a solid track record in the marine contracting environment, van Poppel has contributed to the growth and transformation of companies such as Fabricom and Boskalis Subsea Cables & Flexibles (formally VBMS)…

23 May 2019

EnFAIT Tidal Project Claims Success

Image: Enabling Future Arrays in Tidal (EnFAIT)

Enabling Future Arrays in Tidal (EnFAIT), the flagship EU tidal energy project, has reduced the cost of tidal energy by 15 per cent and grown its supply chain from four to 14 EU countries, just 18 months after its launch.EnFAIT is an academic-industry collaboration between nine European partners focused on demonstrating the economic viability of tidal power. The project is also paving the way for a new industrial marine manufacturing sector with a supply chain based across Europe.Consortium lead…

23 May 2019

Fugro Cancels, McDermott Extends CSV Charter

Image: Oceanteam

The provider of geo-intelligence and asset integrity solutions for large constructions, infrastructure and natural resource, Fugro has cancelled a charter with Oceanteam for construction support vessel (CSV) Southern Ocean off Australia as the unit has been delayed while working on its current job off India.Meanwhile, McDermott has awarded a charter extension to the Southern Ocean for operations offshore India."As a result of the cyclone hitting the Indian coast early May, expected scope of work undertaken by the CSV Southern Ocean could not be finalized during the charter period…

22 May 2019

TenneT Issues EUR1.25bln Green Bond

Image: TenneT

Netherlands-based transmission system operator TenneT Holding B.V. has launched and priced another Green Bond issue of EUR 1.25 billion, with proceeds set to be used for investing in offshore wind.The Green Bond issue is split in two tranches of EUR 500 million and EUR 750 million with the support of five banks: ABN AMRO, Barclays, HSBC, NatWest Markets and SMBC Nikko."Proceeds will be used to invest in green projects in the Netherlands and Germany to connect large scale of offshore wind to the onshore electricity grid…

22 May 2019

Tyne Port Attracts Offshore Wind Players

Image: Port of Tyne

The Port of Tyne, which comprises the commercial docks in and around the River Tyne in Tyne and Wear in the northeast of England, is increasing their offer to potential offshore wind manufacturers.Offshore wind could provide 30% of Britain's electricity generation by 2030, and the Port of Tyne is perfectly placed to support this growing renewable sector.Announcing that the ‘Tyne is right’ to utilise its location, within 100 nautical miles of Dogger Bank, Hornsea, Seagreen and Sofia…

21 May 2019

BMT Unveils New Vessel Designs

Photo: BMT

BMT has introduced two vessel designs aimed at Taiwanese offshore wind operations.In March, BMT's Specialized Ship Design division attended an official keel laying ceremony for its new 36-meter service accommodation transfer vessel (SATV). BMT has partnered with high-speed commercial vessel builder Penguin Shipyard International (PSI) for the SATV as well as a new 26-meter crew transfer vessel (CTV).The SATV design aims to push the boundaries of wind farm servicing and maintenance activities to a whole new level and boost productivity, according to BMT.

21 May 2019

Teekay Offshore Renews and Expands VSAT

Photo courtesy of Marlink

Teekay Offshore, one of the largest marine energy transportation, storage & production companies, has renewed and expanded its agreements with maritime connectivity provider Marlink to continue utilizing high quality global VSAT services for a further four years. The contract extension ensures reliable global broadband connectivity for data sharing and smart vessel operations, improved facilities for crew welfare and a flexible platform to generate efficiencies from the maritime…

20 May 2019

Brookfield Eyes TeeKay Offshore Partners

Pic: Teekay Offshore Partners

Canada-based Brookfield Business Partners has made an offer to purchase the publicly traded units of Teekay Offshore Partners (TOP), midstream services provider to the offshore oil production industry,  that it doesn't already own.The offer was for $1.05/unit–shares are trading at that level now–no premium in the offer.Teekay confirmed that it has received an unsolicited non-binding proposal from Brookfield.The offshore company said the proposed deal is subject to a number of contingencies…

20 May 2019

Industry Standard Decom Contract Drafted

© Lukasz Z / Adobe Stock

Law firm HFW said it has helped shipping association BIMCO draft an industry standard offshore decommissioning contact.The contract – DISMANTLECON – has been approved by BIMCO's Documentary Committee and will be released at the end of June, along with guidance notes. It can be used for removal of any offshore field architecture, including pipelines, mattresses, manifolds, jackets, topsides, platforms and monopole structures.HFW, which also recently helped BIMCO draft its first…

20 May 2019

Sapura Bags Five Contracts

Image: Sapura Energy

Malaysian integrated oil and gas services company Sapura Energy Berhad has been awarded five new contracts valued at approximately RM1.3 billion ($US311 million).All five contracts have been awarded to the Sapura’s wholly owned subsidiaries, with works to take place in Malaysia, Indonesia, Australia and the Gulf of Suez."The contract wins demonstrate Sapura Energy’s continued pursuit to deepen its presence in existing core markets, break into new markets and expand its scope of services…

17 May 2019

North Sea Oil Production May Go Down

Graph: Rystad Energy

On top of production declines in Iran and Venezuela, ongoing OPEC cuts, Urals contamination outages in Russia and maintenance in Kazakhstan, North Sea production is also struggling, Rystad Energy said."Currently we see unplanned outages at Oseberg and Flotta with combined impact of 160,000 bpd. Furthermore, the North Sea is heading into maintenance season," said the energy research and business intelligence company."We forecast North Sea oil production to drop next month to the lowest level since August 2014 as Ekofisk goes into maintenance…

17 May 2019

Steel Cut on De Beers Diamond Ship

Photo courtesy of Damen

Damen Shipyards Group and De Beers Marine Namibia (Pty) held a steel cutting ceremony to mark the beginning of construction on a new offshore crawler diamond recovery vessel for offshore operations in Namibia.At 177 meters (577 feet) long, the new vessel will be slightly larger than the current largest vessel in the De Beers Marine Namibia fleet, Mafuta (174 meters, 571 feet). Built from a Marin Teknikk design, the MT 6027, on-board features include a dynamic positioning system (DP2) based on a seven-thruster propulsion system powered by six generators of 3…

17 May 2019

DNO Completes $400mln Bond Placement

Image: DNO ASA

The Norwegian oil and gas operator focused on the Middle East and the North Sea, DNO ASA said it has completed the private placement of USD 400 million of new, five-year senior unsecured bonds with a coupon rate of 8.375 percent.The bond placement received strong investor demand across international markets and was oversubscribed, said a press release from Norway's oldest oil company. The bond issue is expected to be settled on or about 29 May 2019, subject to customary conditions precedent.An application will be made for the bonds to be listed on the Oslo Stock Exchange.

16 May 2019

Lim to Outline Future of Ocean Regs at Nor-Shipping

Kitack Lim (Photo courtesy of Nor-Shipping)

Kitack Lim, Secretary General of the International Maritime Organization (IMO), will be taking the stage at Nor-Shipping 2019’s Ocean Leadership Conference on June 4, to talk about the future of maritime regulations. Lim will join an elite group of global thought leaders at the Thon Hotel Arena Lillestrøm, adding to a program designed to deliver insights on issues ranging from cyber security, to economic strategy, sustainable development, geopolitical forces, future energy demands, and much more.Nor-Shipping has refined its traditional opening conference this year to create a new format.

16 May 2019

Statfjord Loading Still Shut After Spill -Equinor

(Photo: Harald Pettersen / Equinor)

Equinor has still not identified the source of an oil spill at its Statfjord field in the North Sea, and the loading of crude onto tankers remains shut, the Norwegian company told Reuters on Thursday.The leakage consisted of "small observations" of oil on the surface of the ocean, an Equinor spokesman said.The leakage of crude was first discovered on Wednesday, triggering a shutdown of loading on to a shuttle tanker, although production continued, Equinor said at the time.Statfjord, which opened in 1979, is among the oldest fields still producing in the North Sea, and Equinor has said the firs

15 May 2019

Horizon Maritime Sets Up Norwegian Arm

(Photo: Horizon Maritime)

Canadian based Horizon Maritime announced it has taken delivery of the newly rebranded support vessel Horizon Arctic, paving way for the establishment of its new Norwegian operation.The former Bourbon Arctic, now sailing under the name Horizon Arctic, is a technically versatile multi-function offshore support vessel built at the Vard Brattvaag shipyard in 2016.“The Horizon Arctic takes its place alongside Horizon Maritime’s growing fleet of harsh environment vessels, and we are…

15 May 2019

Oil Spill at Statfjord

(Photo: Øyvind Hagen / Equinor)

An unspecified amount of oil was observed on the sea surface early Wednesday morning in connection with loading oil from buoy to shuttle tanker on the North Sea Statfjord field, Equinor announced.The loading operations were stopped when this was discovered, and the loading systems were shut down, the Norwegian energy company said.Efforts to map the extent of the oil observed on the sea surface are underway, Equinor added.Equinor said its emergency response organization has been mobilized…

15 May 2019

Damen Opens Helsinki Facility

Pic: Damen Shipyards

Damen Shipyard Group has opened its first-ever office in Helsinki, Finland as part of its new venture into building large vessels for the ro-pax, cruise and offshore markets.This follows the group’s entry last year into building large vessels for the RoPax, Cruise and Offshore markets via its new Romanian yard, Damen Shipyards Mangalia.Located in a recently renovated building in central Helsinki, the The office will augment and extend Damen’s engineering capability in this market segment.Finland was selected as the location because…

14 May 2019

MN100: The Best 100 firms in the Brown Water Sector

Image Credit: Maritime Reporter and Eric Norcross

Is your company a Top 100 performer? The application period for this year’s MN100 edition is officially open and underway! Only those who apply can be considered for inclusion.The MN100, always our August print edition, is our annual look at the best 100 firms in the MarineNews, brown water, workboat space. There will never be a better time for you to tell MarineNews just why your firm is one of the best in the business. All of that – the selected 100 companies – will be featured in the August edition of the largest BPA-audited b-to-b publication in this genre.

14 May 2019

OPT Wave Power System Reaches Milestone

File Image: Ocean Power Technologies

US-owned renewable energy company Ocean Power Technologies (OPT) announced that the Company's PB3 PowerBuoy deployed in the Adriatic Sea has produced more than one MegaWatt-hour (MWh) cumulative energy to date. The cost-effective ocean energy solutions provider said that the PowerBuoy has been deployed for six months, operating continuously and error-free while being controlled remotely from OPT’s NJ facility.George H. Kirby, OPT’s President and Chief Executive Officer said, “We are excited to announce this major power generation milestone for our PB3 PowerBuoy deployed in the Adriatic Sea.

14 May 2019

IEA to Push for Offshore Wind Energy

Participants from around the world discussed future development plans for offshore wind at the workshop. (Photo credit: IEA)

The International Energy Agency (IEA) held a high-level workshop on the outlook for offshore wind energy yesterday (May 13), bringing together 80 senior representatives from government, the private sector, research groups, academia and international organisations.Participants joined from countries around the world, including many from Europe, the United States, Japan and China, said a press release from the Paris-based autonomous intergovernmental organization which works to ensure reliable…

14 May 2019

K Line Offshore Sells 15-year-old PSV

Image: K Line Offshore

The offshore support vessel provider for the global oil and gas industry, K Line Offshore has sold one of its platform supply vessels (PSV) to Gard Supply AS.The Norway-based offshore division of Japan's K Line said that the the 2004-built PSV KL Arendalfjord is its very first ship."A Protocol of Delivery and Acceptance was signed and KL Arendalfjord was delivered by K Line Offshore AS(KOAS) to Gard Supply AS in Tønsberg, Norway," said the press release from the shipowning and operating company with high end PSVs and two of the world's most powerful AHTS.

13 May 2019

Second Damen ASD Tug for Rimorchiatori

Photo: Damen

Damen Shipyards Group  signed a contract with Rimorchiatori Mediterranei, a subsidiary of Rimorchiatori Riuniti of Genoa, Italy, for a Damen ASD Tug 2810. The vessel will be operated in Sicily by Rimorchiatori Augusta and is due for delivery in December this year sailing on her own keel from Damen Song Cam Shipyard in Vietnam.The new vessel, to be named Capo Peloro after one of Sicily’s major capes near Messina, will be the second Damen ASD Tug 2810 to join the Rimorchiatori Mediterranei fleet. The first was the Capo Boeo, which arrived in Sicily in December 2016.

13 May 2019

Wilson Sons Vessel Converted in Brazil

Photo: Damen

A platform supply vessel (PSV) owned and operated by Wilson Sons UltraTug Offshore has been converted to a shallow dive support vessel (SDSV) for a Petrobras job offshore Brazil.The vessel, Fulmar, needed an upgrade from DP1 to DP2 Class notation, and the work was completed in April by Wilson Sons Estaleiros in partnership with Damen at the Wilson Sons shipyards in Guarujá.Damen said it carried out quick scan and later a feasibility study for the project before Wilson Sons had been awarded the contract.Daniel Pereira, Maintenance Manager said, “The project was not without its challenges.

13 May 2019

Wärtsilä to Power a Dozen COSL PSVs

COSL’s 12 new LNG fueled offshore support vessels are being constructed at the Wuchang Shipbuilding Heavy Industry yard and the Liaonan Shipyard in China. (Image: COSL)

Wärtsilä announced on Monday it has won a contract to supply 40 generating sets for 12 new liquefied natural gas (LNG) fueled platform supply vessels (PSV), the first such vessels to be built for a Chinese owner. The vessels are being built for China Oilfield Services Co Ltd (COSL) at the Wuchang Shipbuilding Heavy Industry yard and the Liaonan Shipyard in China. “Efficiency and environmental sustainability are key pillars of Wärtsilä’s approach to creating customer value. The choice of the Wärtsilä 20DF dual-fueled engine for this major project reflects these values…

12 May 2019

SBM Wins ExxonMobil Guyana FPSO Order

Image: SBM Offshore

Dutch-based floating production and mooring systems (FPSO) provider SBM Offshore has  won a contract to deliver an FPSO for ExxonMobil’s second phase of the Liza development offshore Guyana.Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the next phase of the Liza project in Guyana, said a press release from the company.Under these contracts, SBM Offshore will construct, install and thereafter lease and operate for up to two years the Liza Unity FPSO.

12 May 2019

Offshore Wind: California's New Gold Rush

Alla Weinstein, CEO, Castle Wind, a joint venture with EnBW North America.

California Dreamin': In CA, offshore wind has unlimited potentialWhen it comes to States promoting renewable, non-fossil electricity generation, California surely leads the list, from utility-scale regional grids to individual rooftop solar panels.In fact, a December 2018 update from the California Energy Commission (CEC) estimates the state may already have exceeded an initial renewable generation goal of 33% by 2020. CEC estimates that in 2018 that generation number was already 34%.

10 May 2019

Wrist Expands Despite Tough 2018

Pic: Wrist Ship Supply

Despite difficult markets Wrist Ship Supply was able to grow its business during 2018 and to consolidate its position as the world’s largest supplier of provisions and stores to ships and offshore locations, claimed the ship and offshore supplier of provisions and stores.Most shipping segments saw pressure on earnings, and the recovery in the oil and gas markets was limited during 2018. The customers’ demand for lower operating costs by strict budget control and shift towards lower priced goods continued.“As a trusted partner…

09 May 2019

ABS Chairman Shares Insights on Digitalization

ABS Chairman, President and CEO Christopher J. Wiernicki. Pic: ABS

ABS Chairman, President and CEO Christopher J. Wiernicki explored the transformational potential of digital technologies in the offshore industries at the Offshore Technology Conference (OTC) 2019 in his presentation ‘Demystifying Digital’.“The digital oilfield is a complex ecosystem of technologies, structures, people and processes operating in harmony. The development and operation of offshore oilfields is being greatly enhanced by digital technologies through improved data collection, analysis and real-time decision making.

09 May 2019

DNV GL, WindServe Ink Deal for U.S. Wind workboat

DNV GL has secured a classification contract for WindServe's new Crew Transfer Vessel.WindServe Marine, LLC (WindServe) has awarded DNV GL a contract for classification of one purpose-built offshore Crew Transfer Vessels (CTVs) for Ørsted North America (Ørsted). The contract covers the construction of the BMT-designed vessel, which will be the first offshore wind vessel built in the United States to class requirements.The high-speed aluminum catamaran is a custom design from the U.K.-based BMT Group (BMT), who has extensive offshore wind experience and a large portfolio of offshore wind vessels, including 49 CTVs, currently operating in Europe. The new state-of-the-art design from BMT is built specifically for U.S.

09 May 2019

USCG, Partners Continue to Assess Tanker Coimbra

U.S. Coast Guard photo courtesy of Sector Long Island Sound

The U.S. Coast Guard and New York State Department of Environmental Conservation, along with contracted Resolve Marine Group, continue to assess the tanker Coimbra located approximately 30 miles southeast of Shinnecock, NY.

09 May 2019

Ørsted Orders CTV Pair in the US

Image: Windserve Marine

Orsted U.S. Offshore Wind has entered into an agreement with the offshore wind support services provider WindServe Marine LLC to construct a two purpose-built offshore crew transfer vessels (CTVs).The first CTV will be built by US Workboats in Hubert, North Carolina and used for Orsted’s Coastal Virginia offshore wind farm, followed by subsequent service on northeast projects.The second CTV will be built by WindServe’s affiliate shipyard, Senesco Marine, in North Kingstown, Rhode Island…

08 May 2019

Keppel-Aibel Team Wins German Offshore Gig

Image: Aibel

Norwegian energy services provider Aibel AS and a unit of Singaporean conglomerate Keppel Corporation have jointly won a contract to deliver two converter stations as part of the DolWin cluster servicing German offshore wind farms.The grid operator TenneT Offshore has tasked Aibel and Keppel O&M, a unit of Keppel Corp, with the design, engineering, procurement, construction, installation and commissioning of a 900-MW offshore High Voltage Direct Current (HVDC) converter station…

08 May 2019

800bln Undiscovered Barrels of Oil and Gas Exist Globally

Graph: Rystad Energy

Total greenfield project sanctioning, summed up to the present day, only accounts for 40% of estimated volumes of offshore projects ever being sanctioned, said Rystad Energy, the  energy research and consultancy headquartered in Norway."Likewise, the brownfield market has only begun, with total historical expenditures accounting for only about 20% of estimated brownfield spend over the projects lifetime, leaving 80% of brownfield spending to the future. And the decommissioning market is still in its nascent form…

08 May 2019

QP Issues Tender for LNG Facilities

Pic: Qatar Petroleum

Qatar Petroleum (QP) invites tender for Engineering, Procurement and Construction (EPC) to expand its common lean liquefied natural gas (LNG) storage, and the loading and export facilities for its North Field Expansion (NFE) Project aimed to further develop one of the world’s largest offshore gas fields.The tender package, which was issued to world class contractors, apart from EPC of three LNG storage tanks, calls for compressors to recover tank boil off gas during storage and jetty boil off gas during LNG vessel loading…

07 May 2019

OREDA Goes Digital

Pic: DNV GL

The offshore and onshore reliability data project by Norwegian Petroleum Directorate(NPD), OREDA goes digital with new collaboration to improve accessibility and efficiency for oil and gas industry reliability data, said DNV GL.Vast amounts of offshore and onshore reliability data are to be made available through Veracity as OREDA provides access to their new and updated electronic version through the marketplace on DNV GL’s data platform.For almost 40 years now, the OREDA consortium…

06 May 2019

DNVGL: New Mooring Line Solution for Offshore Ops

Pic: DNV GL

DNV GL has developed a solution that is designed to reduce the risk of offshore floating vessel mooring line failure going undetected by replacing physical sensors with a machine learning algorithm that accurately predicts line failure in real time.The Norwegean company's Smart Mooring solution addresses growing industry concern about the high frequency of mooring line failure, and a vessel’s subsequent loss of station. Over the past two decades, more than 20 incidents have been reported globally involving failure of permanent mooring systems on floating structures.In the most severe cases…

03 May 2019

Seven Dead as Migrant Boat Sinks off Western Turkey

Seven people, including five children, were killed on Friday after a boat carrying migrants sank off the northwestern coast of Turkey, the Turkish coast guard said, adding that five others were being sought.The boat, off the coast of the Ayvalik district in the Balikesir province, was carrying a total of 17 migrants, the coast guard said. Five were rescued.In a statement, the coast guard said search and rescue operations including four boats and two helicopters were being carried out to find the four migrants and one suspected migrant smuggler.Turkey became one of the main launch points for migrants taking the sea route to European Union territory in 2015, many fleeing conflict and poverty in the Middle East and Africa.

02 May 2019

Wintershall, DEA Complete Merger

Image: Wintershall Dea

The merger between oil and gas firms Wintershall Holding GmbH and Deutsche Erdoel AG (DEA) has been completed, creating the largest independent exploration and production company in Europe.Wintershall DEA will be headquartered in Hamburg, with activities across Europe, Latin America, North Africa and the Middle East. Regulatory approvals have been granted by nine countries including Germany, Norway, the UK and Russia.“We are a European champion and are making an important contribution to Europe’s energy security…

02 May 2019

Acta Centaurus Ready for Offshore Job

Image: Ulstein Verft

Acta Marine has taken delivery of its new walk-to-work vessel Acta Centaurus from Ulstein Verft and is about to set sail for her first offshore wind assignment.“Building on experience with our first Ulstein Walk to Work construction support vessel Acta Auriga delivered to us last year, we are highly confident that Acta Centaurus will be very well suited to operate in the offshore, and specifically the renewable market. We will now get ready to bring her out to the Offshore Wind Farm to commence work…

02 May 2019

Solitaire on Nord Stream 2 Job in Russia

Solitaire. Image: Allseas

Allseas-owned pipelay vessel Solitaire has started laying the first line of the Nord Stream 2 twin gas pipeline in Russian waters.Solitaire will spend about a month constructing one of the two  approximately 100-kilometres-long sections in the Russian territorial sea.Solitaire, operated by Allseas, is a 300-metres-long and 41-metres-wide dynamically positioned vessel that will lay pipes around the clock seven days a week. It accommodates up to 420 people on board.A vessel that is positioned using thrusters instead of anchors helps to minimise the impact on the environment and marine traffic…

02 May 2019

Canyon Charters Otto Candies Vessel

Ross Candies (Photo: Ottio Candies)

Subsea services company Canyon Offshore said it has entered into an agreement with vessel owner Otto Candies for the charter of the Jones Act-compliant inspection, maintenance and repair (IMR) vessel Ross Candies.The charter will commence in July 2019 upon completion of a previously scheduled regulatory dry dock. Canyon, the robotics division of Helix Energy Solutions Group, said it expects the vessel to support IMR operations for clients operating in the U.S. Gulf of Mexico.Jeremiah Hebert…

02 May 2019

Aqueos Charters Otto Candies DSV

DSV Kelly Ann Candies (Photo: Aqueos Corporation)

Subsea services company Aqueos Corporation said it has entered into a multi-year agreement with vessel owner Otto Candies for the charter of the US-built multi-role DP-2 diving support vessel (DSV) Kelly Ann Candies.The high spec vessel has a built-in 14-man Draeger saturation diving system complete with three-man bell, moon-pool bell launch with cursor, self propelled hyperbaric lifeboat (SPHL), 60-ton crane and berthing for 76 persons. The vessel has a Canyon Offshore work class remotely operated underwater vehicle (ROV) with an in-built…

02 May 2019

ADNOC Launches Bid for Five Blocks

Photo: Abu Dhabi National Oil Company (ADNOC)

Abu Dhabi National Oil Company (ADNOC) said that it has launched the second exploration bid round for five new oil and gas blocks.The bidding will be for both conventional and unconventional resources, and the successful bidders will enter into agreements granting them exploration rights, ADNOC said in a statement.The new blocks are three offshore and two onshore.The five new blocks open for are known as Offshore Block 3, Offshore Block 4, Offshore Block 5, Onshore Block 5 and Onshore Block 2…

01 May 2019

Teekay Gets Refinance for FPSO Fleet

Pic: Teekay

The international midstream services provider to the offshore oil production industry Teekay Offshore Partners announced  that it has secured a new $100 million revolving credit facility for the Piranema Spirit, Voyageur Spirit, and Petrojarl Varg FPSO units.The previous credit facility matured at the same time with a balloon payment of $35 million, said a press release from the company primarily focused on the ownership and operation of critical infrastructure assets in offshore oil regions of the North Sea…

01 May 2019

Thygesen: Chairman of Maersk Supply Service

Henriette Thygesen has been appointed new Chairman of the Board of Directors of Maersk Supply Service. Image: Maersk Supply Service

Henriette Thygesen has been appointed new Chairman of the Board of Directors of Maersk Supply Service as of 1 June 2019. Current Chairman of Maersk Supply Service and Vice CEO of A.P. Moller – Maersk Claus V. Hemmingsen will leave A.P. Moller – Maersk end June having concluded on the separation of the oil and oil related companies.Thygesen has been CEO of Svitzer since September 2016. She is a member of the A.P. Moller - Maersk Executive Leadership Team and has held leading roles across a number of A.P. Moller – Maersk business units over the last 25 years, including CEO of Damco Americas.

01 May 2019

Teekay Sells Offshore Stake to Brookfield

Image: Teekay Offshore

The provider of international crude oil and gas marine transportation, Teekay Corporation announced  an agreement to sell to Brookfield Business Partners all of the Company’s remaining interests in Teekay Offshore Partners for total proceeds of $100 million in cash.The interests includes the Company’s 49% general partner interest, common units, warrants, and an outstanding $25 million loan from the Company to Teekay Offshore.The transaction is expected to be completed in early…

30 Apr 2019

Efficient Wave-Generated Power … Really!

SurfWec Artist Concept. Images Courtesy:  SurfWEC LLC.

Wave-generated power could be considered the Rodney Dangerfield of offshore renewable energy sources; it gets no respect. There have been a number of high-profile, expensive failures that have conspired to give the sector a poor reputation despite a number of engineering advances. A new entrant is SurfWEC offering a patented “surf-making” Wave Energy Converter which has been in development since 2007. Its developers promise it will stand out from the field and perform where others have failed. How?

30 Apr 2019

ABS Publishes Guide for Smart Functions

Photo: ABS

ABS published the Guide for Smart Functions for Marine Vessels and Offshore Units (Smart Guide) to help marine and offshore owners and operators capitalize on their operational data.The Smart Guide introduces a unique class approach leading to the marine and offshore industries' first set of notations to help owners and operators qualify and utilize smart functions. Through the analytics that they provide, smart functions can proactively manage asset health and performance, providing a mechanism for sustainability and improved uptime.

30 Apr 2019

MTL: Allan Named Senior Naval Architect

Paul Allan (Photo: MTL)

FPSO and marine integrity management specialists, Marine Technical Limits (MTL) has welcomed a senior naval architect to its team.Paul Allan, who has more than 10-years’ experience in delivering naval architecture and marine warranty surveying (MWS) to the oil and gas industry, has been appointed to the position of Senior Naval Architect by the Kintore-based firm.The chartered engineer will be supporting the MTL team developing systems and procedures, driving MWS and supporting the company’s global FPSO and marine activities.MTL…

30 Apr 2019

MarineNews August Edition & the MN100 Annual

A recent contract win by last year's MN100 winner in the 'Shipbuilding & Repair' category. Metal Shark's 2019 performance is shaping up in much the same way. How does your firm stack up? You won't know unless you apply.

Is your company a Top 100 performer? The application period for this year’s MN100 edition is officially open and underway! Only those who apply can be considered for inclusion.The MN100, always our August print edition, is our annual look at the best 100 firms in the MarineNews, brown water, workboat space. There will never be a better time for you to tell MarineNews just why your firm is one of the best in the business. All of that – the selected 100 companies – will be featured in the August edition of the largest BPA-audited b-to-b publication in this genre.

30 Apr 2019

Activists End Occupation of Arctic Drill Rig

(Photo: Greenpeace)

Greenpeace activists climbed down from a Seadrill drilling rig in Norway on Tuesday and are no longer occupying it, the environmental group told Reuters.The rig, which was boarded by four activists on Monday, will be used next month by Equinor to explore for oil and gas in the Arctic.(Reporting by Gwladys Fouche, Writing by Terje Solsvik, Editing by Paul Tait)

29 Apr 2019

OKEA Bags Drilling Contract for Deepsea Nordkapp

Pic: OKEA

Norwegian oil and gas company OKEA has secured the Odfjell Drilling-owned semi-submersible rig Deepsea Nordkapp to drill for upside opportunities within and surrounding the Draugen field offshore Norway.The drilling operation is expected to commence in Q4 2019.Deepsea Nordkapp will drill one infill pilot well in the Draugen field and one exploration well in the “Skumnisse” prospect, north-east of Draugen, both within the OKEA-operated PL093 license.Deepsea Nordkapp is a 6th generation…

29 Apr 2019

RMG to Assess Ship Wreck Leaking Oil Off NY

The U.S. Coast Guard has contracted Resolve Marine Group to conduct a full assessment of oil remaining on the Coimbra wreck, located approximately 30 miles southeast of Shinnecock, N.Y. If substantial oil still remains, and if feasible, the Coast Guard will work with Resolve Marine Group to remove oil from the wreck in order to reduce pollution risks to the environment.The operation is scheduled to take place from April 28th to May 30th. The initial evaluation will assess the condition of the tanker and what potential environmental impact still exists. Based on the assessment, possible oil removal operations will take place.During the operation…

29 Apr 2019

Van Oord Completes Belgium’s Largest Offshore Wind Farm

Offshore installation vessel Aeolus. Photo: Van Oord

Dutch maritime contracting company Royal Van Oord successfully  installed the last of the in total 44 wind turbines of the Norther offshore wind farm.Achieving this milestone and already delivering renewable energy makes an important contribution to the energy transition, said a press release from Van Oord.Van Oord was contracted as main contractor. The entire scope, from cable installation and burial, installation of the Offshore High Voltage Station (OHVS) to turbine installation…

29 Apr 2019

Anadarko Bidding War Heats Up

Image: Anadarko

American multinational energy corporation Chevron is working on integrating the hydrocarbon exploration company Anadarko Petroleum, even as it faces a higher rival takeover bid for the oil explorer from Occidental Petroleum Corp, said a report in Bloomberg.However, it is becoming increasingly difficult for Anadarko to justify sticking with Chevron's$30.9 billion takeover as its shares gain following Occidental Petroleum higher offer."The bidding war is breaking out over Anadarko…

26 Apr 2019

Petronas Coming to Brazil

Pic: Petronas

Malaysian national oil company Petroliam Nasional Bhd (Petronas) has acquired a 50% equity stake in Brazil's Tartaruga Verde field following a Sale and Purchase Agreement (SPA)with Brazil’s Petróleo Brasileiro SA (Petrobras).Petronas said in a press release that its subsidiary Petronas Petróleo Brasil Ltd (PPBL) acquired the stake in Tartaruga Verde field (BM-C-36 Concession) and its facilities, Module III of the Espadarte field, both located in deep waters of the Campos Basin…

26 Apr 2019

New Jackup Delivered to EnscoRowan

ENSCO 123 (Photo: Keppel FELS)

Singapore-based rig builder Keppel FELS announced Friday it has delivered a new jackup rig to EnscoRowan. The US based driller, the product of a recent merger between Ensco and Rowan, has a contract to deploy the rig in the UK North Sea.The harsh environment newbuild ENSCO 123 is constructed to an enhanced version of Keppel’s state-of-the-art KFELS Super A Class design, the builder said. It was ordered by Ensco in November 2013 and originally planned for delivery in 2016.ENSCO 123 is the ninth harsh environment jackup built and delivered by Keppel to EnscoRowan.

25 Apr 2019

Jan De Nul Welcomes Three WIDs

Photo: Jan De Nul Group

After having recently announced the construction of its mega offshore jack-up installation vessel Voltaire, Jan De Nul Group has extended its fleet with three water injection dredgers (WID).Giovanni Venturi is the first out of three to be delivered by PaxOcean Shipyard. Jan De Nul Group recently purchased three offshore supply vessels and ordered the Singaporean shipyard to convert them into seagoing Water Injection Dredgers. Giovanni Venturi will be mobilized to its first project in Argentina.

25 Apr 2019

Vessel Owner, C/E Indicted on Environmental Charges

Adobe Stock / Renaschild

A federal grand jury in Wilmington, Delaware, returned a six-count indictment today charging Chartworld Shipping Corporation, Nederland Shipping Corporation, and Chief Engineer Vasileios Mazarakis with failing to keep accurate pollution control records, falsifying records, obstruction of justice, and witness tampering, the Justice Department announced.The charges stem from the falsification of records and other acts designed to cover up from the Coast Guard the overboard discharges of oily mixtures and machinery space bilge water from the Bahamian-flagged cargo vessel…

24 Apr 2019

USCG Rescues Boaters Near Big Coppitt Key

Coast Guard photo by Auxiliarist Jospeh Feldman

The Coast Guard rescued two overdue boaters near Big Coppitt Key, Tuesday.Coast Guard Sector Key West watchstanders received notification of two teenagers on an overdue 16-foot skiff who were supposed to return to shore before sunset. The boat had no navigation lights or radio onboard. Watchstanders diverted a Coast Guard Air Station Miami MH-65 helicopter crew to respond.The helicopter crew arrived on scene, located the two waving, hoisted them and took them to Key West International Airport with no reported injuries.

24 Apr 2019

E.ON, Kyuden Mirai to Develop Offshore Wind in Japan

Image: E.ON

Germany-headquartered energy company E.ON and Japanese renewable energy company Kyuden Mirai Energy signed a cooperation agreement to jointly develop offshore wind projects in Japan.A press release from the European holding company based in Essen said that the cooperation is focused on fixed bottom projects and starts with a study to jointly select a project for development, construction and operations in the Kyushu area, the southernmost island of Japan. The companies may consider…

22 Apr 2019

Support Vessel Delivered to Oceaneering

Ocean Evolution (Photo: Oceaneering)

Oceaneering International announced Monday that it has taken delivery of a newbuild subsea construction support vessel, Ocean Evolution, built by BAE Systems in the US.The US-flagged, Jones Act-compliant multi-service vessel (MSV) has completed sea trials and received all necessary ABS and U.S. Coast Guard certifications and is currently in Port Fourchon, La., completing final outfitting and preparing for project work scheduled to begin in June.Oceaneering said the vessel is designed to serve deepwater stimulation and intervention needs with its well stimulation and well intervention design…

23 Apr 2019

Offshore Wind Developers Invests in Rhode Island

Image: Orsted

Orsted U.S. Offshore Wind and Eversource pledged $4.5 million Monday to talent and workforce development in Rhode Island based on the Revolution Wind project.Governor Gina M. Raimondo said: "Ørsted and Eversource's commitments, as part of their Revolution Wind offshore wind farm, will expand our efforts already underway to build our talent pool and provide opportunities for college students in Rhode Island to study for a career in offshore wind. When they are ready to work, we will have plenty of jobs for them in our growing offshore wind supply chain…

22 Apr 2019

MN100 2019 is Underway

The application period for this year’s MN100 edition is officially open and underway! Only those who apply can be considered for inclusion.The MN100, always our August print edition, is our annual look at the best 100 firms in the MarineNews, brown water, workboat space. There will never be a better time for you to tell MarineNews just why your firm is one of the best in the business. All of that – the selected 100 companies – will be featured in the August edition of the largest BPA-audited b-to-b publication in this genre.

22 Apr 2019

Black & Veatch Proceeds with FLNG Conversion

Image: Black & Veatch

Black & Veatch, the provider of floating liquefied natural gas (FLNG) topside solutions, announced that it has received a full notice to proceed from Grand Tortue Ahmeyim (GTA) project for operator BP.The full notice to proceed (FNTP), following a limited notice in December 2018, enables Black & Veatch to team with Keppel Shipyard to convert the Gimi into an FLNG vessel supporting the development of Phase 1 of BP’s Greater Tortue / Ahmeyim field, located offshore Mauritania and Senegal.The Gimi project builds on the successes of the Golar FLNG Hilli Episeyo…

22 Apr 2019

BSOG Gets Approval in Offshore Romania

Image: Black Sea Oil & Gas

Romanian-based Black Sea Oil & Gas (BSOG), controlled by private equity firm Carlyle Group, said that it received approval from the Romanian government for the field development plan (FDP) for the Ana and Doina gas fields.The Ana and Doina gas fields make up the Midia Gas Development (MGD) Project, offshore Black Sea.The MGD Project, which is the 1st new offshore gas development project in the Romanian Black Sea to be built after 1989, consists of 5 offshore production wells (1…

22 Apr 2019

Petrobras Extends BassDrill Beta Contract

BassDrill Beta. Image: Atlantica Tender Drilling Ltd

Atlantica Tender Drilling, a provider of management and contract drilling services for oil and gas wells for the offshore tender assist market worldwide, announced that Petrobras has extended the rig BassDrill Beta by 180 days."Petrobras exercised its right to extend the Beta contract by 180 days commencing in September 2019 through March of 2020," said a press release from theAtlantica has two semi tender units are secured on long-term development contracts. Atlantica's “BassDrill Beta” is a semi-submersible tender assist vessel built by Dalian Shipbuilding Industry.

22 Apr 2019

Eni, CDP, Fincantieri, Terna in Wave Power Pact

Image: Terna

Italian oil group Eni is joining forces with compatriot shipbuilder Fincantieri, power grid group Terna and state lender Cassa Depositi e Prestiti (CDP) to develop wave power stations.The Chief Executive Officers of the companies have signed a non-binding agreement today at the Eni headquarters in the EUR district of Rome to develop and build wave power stations on an industrial scale.The agreement seeks to combine the knowledge of the collective companies to transform the Inertial…

19 Apr 2019

Europe Invests $30bln in Wind in 2018

Image: WindEurope

Europe invested a total of EUR27bn (USD 30.34bln) in new wind farms in 2018, allowing it finance a record amount of new wind energy capacity, according to European trade body WindEurope.Europe invested EUR 10.3 billion in new offshore wind farms with a combined capacity of 4.2GW in 2018.Investments in new offshore wind projects increased by 37% from 2017 but were still some way off the record EUR 18.2 billion seen in 2016, according to the report. The capacity financed in 2018 is also the second highest after 2016.The total amount invested in wind power is similar to previous years.

18 Apr 2019

Keppel Posts Lower Profits

Pic: Keppel Corporation

The Singaporean offshore and marine conglomerate Keppel Corporation reported a net profit of S$203 million (USD 150mln) for the first three months of 2019, 40% below that of S$337 million for 1Q 2018.In 1Q 2018, the Group benefitted from a S$289 million gain arising from the en-bloc sale of Keppel Cove in Zhongshan, China as compared to gains of S$174 million in the current period from the divestment of a 70% interest in Dong Nai Waterfront City, Vietnam and the re-measurement of previously held interests in M1 Limited (M1) at acquisition date.The Group achieved revenue of S$1…

18 Apr 2019

Keppel to Add 1,800 Offshore, Marine Staff

Keppel rig operations (CREDIT: PEMA)

Singapore conglomerate Keppel Corp is planning to add 1,800 staff this year at its offshore and marine business, the first time the company is hiring for the division after cutting thousands of jobs since 2015.The slump in oil prices in 2014 and a global oversupply of drilling rigs had hit orders at the company's O&M division, but demand is slowly returning."With the expected increase in work flow as well as preparing for the upturn we would be looking to add to our (O&M) workforce this year," Keppel CEO Loh Chin Hua said at the company's results briefing.

18 Apr 2019

DPU Approves Vineyard Wind Contracts

Vineyard Wind offshore wind farm. Image: Iberdrola

The Massachusetts Department of Public Utilities (DPU) has approved long-term contracts for 800MW of offshore wind between Vineyard Wind and the Commonwealth’s electric distribution companies.The DPU green signal is a crucial approval needed for the offshore wind farm developer to start construction by the end of the year.“The approval of these contracts is an important step toward the completion of the largest offshore wind project in the country, which will significantly reduce greenhouse gas emissions…

18 Apr 2019

Boskalis Bags Dredging Contracts in Indonesia

Image: Boskalis

Dutch dredging and heavylift company Royal Boskalis Westminster has been awarded two dredging contracts in Indonesia.On the island of Sulawesi, Boskalis will expand the Makassar New Port container terminal and on the island of Java it will prepare land for a new petrochemical complex. Both projects will be executed in the second half of 2019 and carry a combined value of approximately EUR 75 million.The first project, awarded by construction company PT PP, entails the expansion of a new terminal for the Makassar New Port of port operator PT Pelindo IV by 45 hectares.

17 Apr 2019

DNV GL Certifies Arkona Offshore Wind Farm

Pic: DNV GL

Norwegian testing and advisory company DNV GL said it awarded the Arkona Offshore Wind Farm with the project certificate.The certification was carried out according to the German Federal Maritime and Hydrographic Agency (BSH – Bundesamt für Seeschifffahrt und Hydrographie) standard BSH7005 and covers all stages of the project development from design planning over construction to commissioning.The project certificate confirms all relevant safety features of the wind farm and validates the technical and quality compliance with the BSH standard requirements…

17 Apr 2019

Zeaborn Takes Full Ownership of Zeamarine

Zeaborn Frontier (CREDIT: Zeaborn)

The ZEABORN Group has signed an agreement to acquire the remaining ownership interests in ZEAMARINE held by New Mountain Capital.The ZEAMARINE joint venture was formed in August 2018 when New Mountain Capital and ZEABORN agreed to combine the commercial activities of Intermarine, ZEABORN Chartering and Rickmers-Line under the umbrella of ZEAMARINE, creating one of the world’s largest MPP carriers.The most recent transaction is subject to approval from the antitrust authorities.

17 Apr 2019

A New York State of Mind

New York Bight call areas.  "Call" is a short-hand term referring to calls for proposals or calls for interest in an area. (Image: BOEM)

“A new industry is being established in New York, with the primary stimulus being a state-driven procurement process.”New York State Public Service Commission (PSC), July 12, 2018.To a great extent, this PSC comment provides direct insight into the dynamics behind New York’s pace-setting moves to establish offshore wind. First, this new energy development is deliberate – not left to chance or laissez faire markets. Second, state officials are in control, from choosing a contractor to securing money for payment.

17 Apr 2019

ABS holds 157th Annual Meeting

ABS Chairman, President and CEO Christopher J. Wiernicki

The 157th Annual Meeting Hears How Safety Leadership is Driving Sustainability in Maritime. ABS held its 157th Annual Meeting on Tuesday, detailing the organization’s performance and future focus to its members. “In 2018, we delivered solid, top-tier performance. We maintained leading positions with owners and builders, held our 70-year-strong top position in the offshore market, and led the industry for safety, port state control, and the global orderbook to grow our classed fleet to 260MT,” said ABS Chairman, President and CEO Christopher J.

17 Apr 2019

Warren as Prez Would Ban New Offshore Drilling

Source: www.warren.senate.gov

U.S. presidential candidate Elizabeth Warren said she would ban all fossil fuel extraction on federal land and in coastal waters, setting herself apart from a crowded field of Democratic hopefuls who have made climate change a central campaign issue but have yet to outline specific policies. Warren said in a post on Medium that she would sign an executive order on her first day in office for a "total moratorium on all new fossil fuel leases including for drilling offshore and on public lands." "We must not allow corporations to pillage our public lands and leave taxpayers to clean up the mess…

17 Apr 2019

Tennet Relocates Submarine Cable from Borssele

Image: TenneT Holding B.V.

The transmission system operator Tennet has moved the first submarine cable from the Dutch wind farm zone "Borssele" to the transformer station."TenneT has laid the first sea cable to connect the Alpha platform to the transformer substation in Borssele. In the morning of Friday 12 April, VBNK started withdrawing the sea cable on land and early Saturday morning the cable reached the newly built transformer substation," said a press release.The cable-laying vessel, Giant 7, then…

17 Apr 2019

JAPEX Begins Drilling at Offshore Hokkaido

Image of the sea drilling rig "ENSCO 8504" using the project, provided by Ensco Rowan plc

Japanese hydrocarbon exploration, production and transportation company, Japan Petroleum Exploration Co., Ltd. (JAPEX) has started the exploratory drilling at offshore Hidaka area of Hokkaido.The drilling job is a part of the offshore exploration project commissioned by the Agency for Natural Resources and Energy of the Ministry of Economy, Trade and Industry (ANRE).This project is aiming to evaluate the presence of oil and natural gas resources in the area based on the analysis…

16 Apr 2019

Songa Bulk Merge with Axxis Geo Solutions

Pic: Axxis Geo Solutions

Norway-based Songa Bulk AS, an investment vehicle established to invest in dry bulk assets, has made an agreement to merge with company Axxis Geo Solutions (AGS).Per deal, Songa Bulk will assume the assets, rights and obligations of the Houston-based AGS against issuance of shares in Songa Bulk to existing shareholders of AGS.The exchange ratio in the Merger is based on an equity value of Songa Bulk of NOK 17.93 million, corresponding to a price per share of NOK 0.5, and an equity value of AGS of NOK 514.82 million…

16 Apr 2019

Interview: Astrid Skarheim Onsum, SVP, Head of Wind, Aker Solutions

Offshore renewable energy is gaining investment support in the United States, particularly on the east coast. While the U.S. is a full generation behind its European counterparts in tapping the wind as an energy source, if current plans come to fruition it could gain ground quickly. Recently we spoke with Astrid Skarheim Onsum, SVP, Head of Wind Aker Solutions, for her view on the path ahead and the growing role and promising future of ‘floating wind.’Please give an overview of your responsibilities as SVP…

16 Apr 2019

Piracy, Sea Robbery Situation in Asia in Q1 2019

Photo courtesy of ReCAPP

Piracy and Armed Robbery against Ships in Asia 1st Quarter Report January to March 2019Overall SituationA total of 10 incidents of armed robbery against ships (comprising nine actual incidents and one attempted incident) were reported in Asia during January-March 2019 compared to 21 incidents (comprising 15 actual incidents and six attempted incidents) during January-March 2018This accounts for a 52% decrease in the total number of incidents reported during January-March 2019 compared to the same period in 2018The number of actual incidents has also decreased by 40% during January-March 2019 c

16 Apr 2019

India, Denmark Forge Offshore Wind Alliance

Indian PM Narendra Modi with the Prime Minister of Denmark Lars Løkke Rasmussen. Photo: PIB

India’s Union Cabinet has given its approval for a cooperation agreement between India and Denmark on strategic sector cooperation in the field of renewable energy with a focus on offshore wind.According to a government release, the Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry for Energy, Utilities and Climate of the Kingdom of Denmark on strategic sector…

15 Apr 2019

Electronic Bus Link Installed on North Sea Giant

(Image: Yaskawa Environmental Energy / The Switch)

An Electronic Bus Link (EBL) has been commissioned on North Sea Shipping's subsea construction vessel North Sea Giant, said manufacturer from Yaskawa Environmental Energy / The Switch.The technology, a key element in a retrofitted Wärtsilä hybrid solution, connects the 18,151 GWT vessel’s DC-Hubs, providing complete redundancy, enhanced efficiency and significant fuel savings. Thanks to the EBL, the advanced DP3-class vessel can now conduct demanding operations using one engine…

15 Apr 2019

MN100: The Best 100 firms in the Brown Water Sector

Is your company a Top 100 performer? The application period for this year’s MN100 edition is officially open and underway! Only those who apply can be considered for inclusion.The MN100, always our August print edition, is our annual look at the best 100 firms in the MarineNews, brown water, workboat space. There will never be a better time for you to tell MarineNews just why your firm is one of the best in the business. All of that – the selected 100 companies – will be featured in the August edition of the largest BPA-audited b-to-b publication in this genre.

15 Apr 2019

1000 Km of the Nord Stream 2 Pipeline Laid

Image: Nord Stream 2

1000 km of the Nord Stream 2 pipeline has now been laid in the Baltic Sea in Finnish, Swedish and German waters.Two Allseas pipelay vessels - Pioneering Spirit and Solitaire - are currently installing the pipeline in Swedish waters.Some twenty vessels are currently being engaged in the project in the Baltic Sea, with nearly 1,300 people working on board the pipelay, pipe supply and survey vessels.Another milestone was also reached last week, when the project’s coating and logistics contractor Wasco completed concrete weight coating of its share of the steel pipes in its plant in Kotka…

15 Apr 2019

Rever Offshore Appoints Ops Director

Image: Rever Offshore

The subsea services provider to the oil and gas industry Rever Offshore, has announced the appointment of Bob Bryce to the newly-created role of Operations Director.The provider of fully integrated subsea construction and offshore management services said in a press release that  Bryce’s 40-year career in the oil and gas industry has seen him hold senior leadership positions on a global basis with key subsea-surf contractors, including McDermott, Subsea7 and Technip.He joins Rever’s executive team with a remit to oversee the operations, assets & services and QHSE functions.

12 Apr 2019

SeaBird to Buy BOA Offshore Vessels

BOA Thalassa. Pic: BOA Offshore

Norwegian seismic acquisition company SeaBird Exploration said  it is in an exclusive process to acquire the seismic vessels BOA Galatea and BOA Thalassa owned by BOA Offshore in a transaction which values the vessels at NOK 185 million ($22 million).The BOA Vessels are well suited for source and 2D operations, as well as EM seabed logging, for which BOA Thalassa is currently contracted with EMGS ASA until September 2019 with options for EMGS ASA to extend for three periods of six months each.In order to finance the acquisition of the BOA Vessels…

12 Apr 2019

NigerStar 7 Adds Pipelay Vessel

Seven Antares (Photo: NigerStar 7)

NigerStar 7, a joint venture between Subsea 7 and Nigerdock, said it has acquired 2009-built pipelay vessel Seven Antares, The Seven Antares, previously owned by Subsea 7, has a 300-ton main crane capacity and is a 120-ton S-lay vessel with capacity to lay pipe of up to 60-inch diameter; with an accommodation area in excess of 330 berths and a deck area of over 1,300 square meters."The vessel will provide both NigerStar 7 and Nigeria a fully owned versatile pipelay vessel ideal for conventional…

12 Apr 2019

MSS Will Tap Data to Save Fuel

(Photo: Maersk Supply Service)

Maersk Supply Service (MSS) announced it will equip its vessels to use data to optimize operations and save fuel in real time.The offshore services company said on Friday it signed a contract earlier this month with Eniram, a Wärtsilä company, to install Energy Advisory Systems on two of its vessels, with potential to equip four additional vessels, and eventually its entire fleet, after performance testing.Proof of concept trials will be carried out during summer 2019 on one M-class Anchor Handling Tug Supply Vessel (AHTS) and one I-class Subsea Support Vessel (SSV).After testing…

12 Apr 2019

Estonia Blocks $1.9B Offshore Wind Project

Wind energy in Estonia. Photo: REVE

The Estonian government has refused to start the permitting process for the building of a $1.9 billion, 600-MW offshore wind farm off the west coast of the island of Saaremaa, citing national security concerns.The Estonian developer Saare Wind Energy OU had been drawing up plans for four years and had applied for a 50-year building permit for 100 six-megawatt turbines off the island of Saaremaa, said a report in Bloomberg.The wind farm was to consist of 100 turbines of 6 MW each 10 to 27 kilometers off the western coast of the island.

11 Apr 2019

Maryland Act Boosts Offshore Wind Market

Image: Orsted

Maryland state lawmakers have passed the Clean Energy Jobs Act (CEJA) of 2019, which would incentivize the development of 1.2 GW of additional offshore wind energy off the coast of Maryland.US Wind Country Manager Salvo Vitale testified last month before the Senate Finance Committee and House Economic Matters Committee urging passage of the legislation while citing the significant economic benefits that the legislation would make possible by incentivizing the development of 1…

09 Apr 2019

Harvey Gulf PSV Receives Hybrid Retrofit

Harvey Energy is the first PSV in the Americas to be retrofitted for hybrid propulsion. (Photo: Harvey Gulf)

Harvey Energy, the first platform supply vessel (PSV) to be fueled by liquefied natural gas (LNG) will become the first PSV in the Americas to be hybrid retrofitted. The vessel's owner, Louisiana-based Harvey Gulf International Marine, has ordered an energy storage solution from the technology group Wärtsilä to significantly enhance Harvey Energy's efficiency and environmental performance.The installation of a Wärtsilä 1450 kW battery hybrid solution will reduce the ship’s exhaust emissions, fuel consumption, and noise level.

09 Apr 2019

Seacat Services Orders OESV Newbuild

Photo: Seacat Services

Offshore energy support vessel (OESV) operator Seacat Services has signed a multimillion-dollar contract to build a new next-generation catamaran for deployment in the offshore wind sector.Seacat Weatherly, designed by Southampton-based naval architect Chartwell Marine, will be constructed by Isle of Wight firms Diverse Marine and Aluminium Marine Consultants (AMC) in Cowes.The contract includes an option for a further vessel, which would see Seacat Weatherly joined by a sister vessel in the Seacat Services fleet.Scheduled for completion in March 2020, Seacat Weatherly is set to be the first C

09 Apr 2019

BIMCO: US Seaborne Crude Oil Exports Hit Record High

ULCC_AdobeStock_CREDIT Jose Gill

US exports of crude oil have, since August 2018, continued to rise every month, with a new record high in January of 9.6 million tonnes. Exports rose in January on the back of increased sales to Europe, which rose from 2.7 million tonnes in December to 4.8 million tonnes in January.A strong end to 2018 meant that volumes for the full year totalled 87.4 million tonnes, 96.7% higher than the 44.4 million tonnes exported in 2017. This is good news for the crude oil tanker sector…

08 Apr 2019

OSVs: Restarting that Idled Vessel

© Iain Cameron

Owners of offshore support vessels (OSV) are beginning to examine the possibility of reactivating some of their fleet even as the consistent volatility of oil prices and a healthy stream of ships projected from global shipyards keeps their enthusiasm in check.According to Clarksons, demand for the versatile ships, which support offshore exploration and production activities around the world, edged up 3% in 2018, with marginally higher day rates tempting some units out of lay-up.Most of the idle OSV fleet is unlikely to become active this year…

08 Apr 2019

New CEO at POSH

(File photo: GAC)

Lee Keng Lin will take over as the new CEO and executive director of Singapore based offshore services provider PACC Offshore Services Holdings (POSH) following the retirement of Gerald Seow Kang Hoe, effective May 1.Lee, who is currently the group's deputy CEO, has more than 10 years of experience in the offshore marine industry and has been with the company since 2007.

08 Apr 2019

Crew Vessel Contracted to Shell

(Photo: Damen)

UK-based crew transfer specialist High Speed Transfers (HST) announced that its second new high-speed crew transfer vessel HST Sofia will be contracted by Shell to support its exploration program in the Black Sea commencing March 2019.The FCS 2710 vessel, built by Dutch shipbuilder Damen, will be trialed by HST to undertake oil and gas crew transfers to support the Noble Globetrotter II drill ship. The vessel will shortly begin an exploration drilling program in the Khan Kubrat block…

08 Apr 2019

OSV Market: Which Way is Up?

OSV "THUNDER" owned by Jackson Offshore serving floater "DEEPWATER CONQUERER"
Source: Jackson Offshore

Any analysis of markets for offshore service vessels (OSV) usually begins with analogies to rough weather, best of times/worst of times or similar. OSV expert Seabrokers, with a home base in Stavanger, Norway, in the February edition of its Seabreeze market report follows this convention with a description of the “feast or famine” conditions in the North Sea. Recent day rate action highlights the localized nature of markets for anchor handlers (AHT), platform supply vessels (PSVs) and similar equipment…

07 Apr 2019

OGA Releases Mid North Sea High Map

Pic: Oil and Gas Authority

The Oil and Gas Authority (OGA) of UK has released regional maps and supporting data for the Mid North Sea High area.The data represent the latest delivery from the OGA’s Regional Geological Mapping project which has been carried out in collaboration with Lloyd’s Register (LR) over the last three years.The OGA named LR in 2016 as its trusted supplier for the Regional Exploration Maps and Regional and Field Support Engineering Services bids for the UKCS. "At LR, we understand that every reservoir is different and that each has its own unique challenges and potential…

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