Offshore News

24 Feb 2021

Siem Offshore Wins W. Africa Deal for Subsea Construction Vessel 'Siem Spearfish'

Siem Spearfish - Image by David Meek/MarineTraffic.com

Norwegian offshore vessel operator Siem Offshore has said it has secured a contract for its Siem Spearfish subsea construction vessel.The contract, with an unnamed client, is for 2 months firm, with extension options included.Under the contract, the Siem Spearfish, designed for subsea operation duties such as construction and installation work, inspection and maintenance, will work offshore West Africa. The 120.8 meters long vessel, built in 2014, has started its mobilization from Norway.

24 Feb 2021

First Ever Jones Act Offshore Wind Turbine Installation Vessel to be Classed by ABS

Credit: ABS

Maritime and offshore classification society American Bureau of Shipping (ABS) will class the first ever Jones Act compliant offshore wind turbine installation vessel (WTIV), seen as a key vessel for the development of the U.S. offshore wind industry.With several gigawatts of offshore wind capacity to be installed along the U.S. East Coast in the next decade, access to Jones Act compliant WTIVs is of strategic importance to the U.S. offshore wind market. Currently, no such vessel exists.Dominion Energy last year contracted Keppel AmFELS, a wholly-owned U.S.

24 Feb 2021

Report: SBM Offshore Only Bidder for Petrobras' Mero 4 FPSO

Illustration only; An FPSO offshore Brazil - Credit: Ranimir/AdobeStock - The image has been cropped

Brazil's state-controlled oil company Petrobras received only one proposal, from Dutch SBM Offshore, in a bid to contract construction of the Mero 4 oil platform [FPSO] in the Santos Basin pre-salt, two sources with knowledge of the matter told Reuters.Petrobras' business plan foresees Mero 4 entering operation in 2025 with a capacity to produce 180,000 barrels of oil a day.Petrobras and SBM declined to comment.One of the sources commented that it is the "first time in a long time that Petrobras has received only one proposal" in a bid‚Ķ

23 Feb 2021

CWind's Next-Gen Offshore Wind Crew Transfer Vessel Launched

Credit: CWind

CWind, offshore wind crew transfer specialist, on Tuesday announced the delivery of what it described as "the world’s first hybrid-powered Surface Effect Ship (SES)," the CWind Pioneer crew transfer vessel.CWind said that the crew transfer vessel, with 24 passenger capacity, was developed in response to an industry-wide push to develop and deploy innovative technologies that reduce CO2 emissions, while cost-effectively servicing windfarms located further offshore. "The CWind Pioneer…

22 Feb 2021

Vattenfall Awards Van Oord a 4-Year Offshore Wind Contract

Credit: Van Oord

Offshore wind developer Vattenfall has awarded the Dutch-based offshore installation contractor Van Oord a 4-year operations & maintenance (O&M) contract.Working through its MPI Offshore organization, Van Oord will provide jack-up and associated lifting services for main component exchanges across Vattenfall’s portfolio of offshore wind farms. Vattenfall, based in Sweden, has 10 offshore wind farms in Sweden, Denmark, Germany, the Netherlands, and the UK. During the contract period, Vattenfall's offshore portfolio will be extended to 622 turbines with a combined capacity of 2.6 GW.

22 Feb 2021

U.S. Designates Already Sanctioned Russian Ship as Helping to Build Nord Stream 2 Pipeline

Fortuna - Credit:Ole J - MarineTraffic.com

The Biden administration on Friday identified a Russian ship and a company it believes are helping to build the Nord Stream 2 pipeline, but the entities had already been sanctioned by the Trump administration and the project's opponents in Congress said the move would do little to halt work on it.The State Department said in a report to Congress that the Russian ship, the Fortuna, and its owner, KVT-RUS, had been designated, a process that starts new sanctions, two lawmakers said.Both…

22 Feb 2021

GC Rieber Shipping Nets Extension for Polar Onyx, Sells Polar Queen Vessel

Polar Queen/Credit: GC Rieber Shipping

Norwegian shipowner GC Rieber Shipping has won a contract extension for its Polar Onyx vessel with DeepOcean. Separately, the company said Monday it had agreed to sell the Polar Queen vessel."GC Rieber Shipping has agreed with DeepOcean BV to extend the charter of the SURF vessel Polar Onyx until the end of May 2021," the company said.The extended period will be in direct continuation of the ongoing charter in Ghana, which started in January 2018.Separately. GC Rieber Shipping said it had agreed to sell its IMR / Walk-to-Work vessel Polar Queen…

19 Feb 2021

Siem Offshore's Siem Barracuda Nets 100-Day Offshore Wind Deal in Asia

Siem Barracuda - Image by Wout van Mullem/MarineTraffic.com

Norwegian offshore vessel owner Siem Offshore and Seaway 7, the renewables business unit of Subsea 7, have entered into a contract for an offshore wind project in the Far East. Siem Offshore said that the project will utilize the offshore construction vessel "Siem Barracuda", currently mobilizing to the area of operation, for a minimum period of 100 days, excluding options. Siem Offshore did not say where exactly it would deploy the vessel in the Far East."[....]he company has since its early entrance to the offshore wind segment contributed with over 200…

19 Feb 2021

U.S. to Unveil Nord Stream 2 Report. Sanctions May Take Time

Route map of Nord Stream and Nord Stream 2 gas pipelines - Credit: Gazprom

The Biden administration is expected to name as early as Friday the companies it believes are helping build Russia's Nord Stream 2 pipeline, five sources said, a move that could eventually prompt sanctions on the nearly-completed project.The State Department report to Congress, which may come on Friday, is expected to list companies the administration believes are helping to complete the natural gas pipeline that Russia's state energy company Gazprom says is more than 90% complete.Sanctions law that went into effect on Jan.

18 Feb 2021

Offshore Wind Firm Atlantic Shores Signs Deal with Six Unions to Train and Hire New Jersey Workers

Credit: Zentilia/AdobeStock

Offshore wind developer Atlantic Shores Offshore Wind -  a U.S. joint venture between Shell and EDF, has signed a memorandum of understanding (MOU) with six unions operating in New Jersey as part of its bid submission, "committing to help develop and employ a productive, safe, well-trained local workforce."The company in December 2020 submitted its bid to the New Jersey Board of Public Utilities to supply the state with up to 2,300 MW of renewable wind energy. New Jersey seeks to award between 1‚Ķ

18 Feb 2021

3t Energy Buys Petrofac's UK Training Business

Credit: 3t Energy

UK-based 3t Energy Group has agreed to buy oilfield services giant Petrofac's UK training business.The purchase includes Petrofac’s Survival and Marine, Health and Safety, Fire, and Major Emergency Management capability and facilities in Scotland. The value of the acquisition is undisclosed.3t Energy said the acquisition would expand its offering into marine & major emergency management training markets. "3t Energy will now become a supplier to Petrofac for its in-person UK training requirements…

18 Feb 2021

Borssele III & IV: Giant Dutch Offshore Wind Farm Fully Commissioned

Borssele III & IV - Credit: Offshore Wind

Borssele III & IV, one of the largest offshore wind farms in the Dutch sector of the North Sea, has reached full commissioning, Van Oord a partner in the Blauwwind consortium behind the 731.5 MW wind farm's development, said Thursday.Blauwwind is a consortium between Shell, Partners Group, Eneco, DGE and Van Oord.Located 22 kilometers off the Dutch coast and the Province of Zeeland, the wind farm is capable of powering 825,000 Dutch households with electricity. Roeland Borsboom, Project Director for Blauwwind said: "This is a great achievement by everybody involved.

18 Feb 2021

Offshore Wind Seen as Lucrative Side Gig Option for US Fishermen, Mariners

Credit: Pavlo Glazkov/AdobeStock

The growing U.S. offshore wind industry will offer "a substantial number of opportunities" for the local fishermen and mariners to supplement their income, a study commissioned by the New York State Economic Research and Development Authority (NYSERDA), has found.The study ‚Äď compiled by The Renewables Consulting Group (RCG) ‚Äď concluded that as the offshore wind industry grows, the option for mariners to supplement their income will become available during all phases of a project‚Äôs lifecycle.Based on current Northeastern US offshore wind commitments alone‚Ķ

18 Feb 2021

Siemens Gamesa to Take Care of Gemini Offshore Wind Farm until 2036

Image Credit: Gemini Wind Park

Wind turbine maker Siemens Gamesa has secured an extension of the operations and maintenance services agreement at the 600-MW Gemini offshore wind farm in the Dutch North Sea until 2036.The company said in a social media post that the original 15-year long-term service program has been extended by another five years. It did not share the financial details of the agreement."This new agreement builds on the service work that we’ve provided since 2016 including full maintenance of the 150 SG 4.0-130 wind turbines installed at one of the largest wind parks in the Netherlands…

17 Feb 2021

Wallenius Wilhelmsen to Build World's First Full-scale Wind-powered RoRo vessel

Credit: Wallenius Wilhelmsen

Wallenius Wilhelmsen said Wednesday it plans to build the world`s first full-scale wind-powered RoRo vessel - the Orcelle Wind - in what the company said was its "most ambitious sustainability initiative to date."According to Wallenius Wilhelmsen, the Orcelle Wind ‚Äď a wind-powered Pure Car and Truck Carrier - will achieve up to 90% reduced emissions compared to "today‚Äôs best vessels.""Our goal is to have a design ready for contracting with a shipyard by mid-2022, and a finished vessel ready for the high seas by 2025‚Ķ

17 Feb 2021

Solstad's Normand Cutter CSV Stays with Global Marine Group

Normand Cutter - Credit: Solstad Offshore

Norway-based operator of offshore support and construction vessels Solstad Offshore has secured a contract for its Normand Cutter vessel with Global Marine Group ("GMG").The construction support vessel is already on a contract with GMG, and the new contract will start in March 2021, in direct continuation of the current charter.Under the new contract, the firm duration is 120 days plus 80 days options. In addition, GMG has the option to extend the contract for up to 200 days in 2022…

15 Feb 2021

Atlantic Wind Transfers Launches Jones Act CTV Atlantic Endeavor

Atlantic Endeavor (Photo: Atlantic Wind Transfers)

U.S. offshore wind crew transfer company Atlantic Wind Transfers (AWT) said its second Jones Act crew transfer vessel (CTV) Atlantic Endeavor was launched at the end of December.Designed by U.K. firm Chartwell Marine and built by Blount Boats in Warren, R.I., the new aluminum catamaran spent three days undergoing sea trials and U.S. Coast Guard inspections prior to deliver to Dominion Energy to support its two-turbine Coastal Virginia Offshore Wind Farm (CVOW) pilot project 27…

15 Feb 2021

PGS Kicks Off 3D Seismic Survey Off Angola

Credit: PGS

Norwegian marine seismic data firm PGS, in partnership with Angola's ANPG, has started a new MultiClient 3D survey in the Lower Congo Basin, near the river plume of the Congo in Angola Block 1/14. The acquisition phase will continue until April and fast-track data is expected in October 2021, the company said Monday. PGS said the survey was fully prefunded.As part ot the survey, the Ramform Atlas vessel is acquiring high-density 3D GeoStreamer data using a 10 x 8 025 m streamer spread.

15 Feb 2021

Market Report: FPSOs ... Charting the Path Ahead

© Simon Peter / Adobe Stock

COVID-19 will continue to skew the floating production systems market for the coming 24 months, while buying power for a large portion of FPSO contracts will be centered in Brazil and Guyana/Suriname. These two areas are expected to account for more than 60% of the FPSO contracts awarded between 2021 and 2025.These are the findings shared in a recent floating production outlook report produced by International Maritime Associates (IMA) and World Energy Reports (WER).The 100+ page…

15 Feb 2021

Petronas' Floating LNG Facility PFLNG Dua Produces First LNG

PFLNG Dua - Credit: Petronas

Malaysian oil and gas giant Petronas said Monday that its PFLNG Dua floating LNG facility has recently produced its first LNG. This is the company's second FLNG Unit, and its first deepwater FLNG facility.The PFLNG Dua is located at the Rotan gas field, 140km off Kota Kinabalu, Sabah, Malaysia. "In collaboration with its upstream Production Sharing Contract partner, PTT Exploration and  Production, it has successfully completed the subsea commissioning phase and achieved its first has on 6 February 2021‚Ķ

15 Feb 2021

Strategic Marine Delivers Fast Crew Boat to Centus Marine

Shipbuilder Strategic Marine has delivered a Fast Crew Boat (FCB) to offshore support vessel owner Centus Marine.The 40-meter vessel, named Centus Eight, was built in Singapore. According to Strategic Marine, during the sea trials the vessel achieved a top speed in excess of 30 knots.Th hull form was developed in collaboration with Strategic Marine’s design partner Southerly Designs in Australia and was tested at the Australian Maritime College.Designed to meet the specific requirements of Oil Majors, Centus Marine will the Centus Eight vessel in Malaysian waters.

12 Feb 2021

Orange Marine Orders Cable Repair Vessel

(Image: VARD)

French submarine cables services company Orange Marine has ordered a new cable repair vessel for delivery in 2023.The specialized newbuild was designed by VARD in Norway and will be built at Sri Lankan shipyard Colombo Dockyard. The 1,800 dwt vessel is 100 meters long with a beam of 18.8 meters and a depth of 7.15 meters. It will have accommodation facilities for 76 persons.The VARD 9 03 design for Orange Marine is designed for the maintenance of submarine cables, both fiber-optic…

12 Feb 2021

More GoM Work for Magseis Fairfield

Magseis Fairfield's ZXPLR Node - Credit: Magseis Fairfield

Oslo-listed Magseis Fairfield on Friday said it had won a deep-water 4D Ocean Bottom Node (OBN) monitor survey contract in the US Gulf of Mexico with a repeat customer.The survey will be conducted with Magseis Fairfield’s ZXPLR technology, currently in use for ongoing projects in the same region. The start-up is expected to be mid-Q2 2021, and the project will run for approximately two months.“We are glad to see our customers recognizing the value we bring, and award us repeat business.

11 Feb 2021

New Vessel Launched for Gulf of Guinea Security Ops

(Photo: Nautic Africa)

A newly launched multipurpose vessel is destined for for the Gulf of Guinea where it will be utilized for international oil company (IOC)-related assignments as well as escort patrols for larger vessels that have experienced an escalation of pirate attacks within 200 nautical miles of the West African coastline.The new flagship of shipbuilder and maritime services provider Nautic Africa, the 35-meter vessel is the second in the Sentinel class, fully compliant to the standards…

11 Feb 2021

Wärtsilä Helps Siem Offshore Cut Emissions, Fuel Consumption

The Siem Helix 1 is one of two Siem Offshore well intervention vessels covered by a Wärtsilä Optimised Maintenance agreement. © Siem Offshore

Norwegian offshore vessel operator Siem Offshore has tapped Finnish maritime technology firm Wärtsilä to help it cut emissions and fuel consumption aboard two well intervention vessels.The two vessels, the Siem Helix 1 and Siem Helix 2, each operate with eight Wärtsilä 32 engines. The ships are operating in Brazil‚Äôs offshore oil fields.According to Wärtsilä, the 5-year agreement will ensure the optimal maintenance required to reduce the vessels‚Äô fuel consumption and emissions‚Ķ

11 Feb 2021

Kongsberg to Equip Triumph Subsea's New Field Development Vessel

Credit; Triumph Subsea Services

Norwegian maritime tech and equipment company Kongsberg Maritime (KM) will deliver a large technology package for Triumph Subsea Services' field development vessel (FDV).Triumph Subsea Services in December 2020 signed a contract with the Croatian shipbuilder Brodosplit for the construction of the vessel, with options to order three more.Kongsberg Maritime said Thursday it had signed a Letter of Intent with Brodosplit Shipyard and DIV Group in Croatia to deliver a large technology package for the vessel.

11 Feb 2021

NOV Wins Offshore Wind Vessel Deal in China

Credit: NOV

Chinese shipbuilder China Merchants Heavy Industry (CMHI) has awarded NOV a contract to design and supply equipment for GustoMSC NG-14000XL-G wind turbine installation jack-up vessel to be built for OHT, a Norwegian heavy transport and installation contractor."In close collaboration with VIND Offshore Installation, a wholly-owned subsidiary of OHT, the design is specifically tailored to create a next-generation offshore wind installation unit with a significantly reduced carbon footprint," the company, which last year changed its name from National Oilwell Varco to NOV, said.

11 Feb 2021

SBM Offshore Expects Lower 2021 Earnings as Clients Cut Spending

Illustration: SBM Offshore‚Äôs first Fast4Ward¬ģ hull at Keppel yard in Singapore. Photo credit Lim Weixiang via SBM Offshore

SBM Offshore forecast that 2021 core earnings will be slightly below market expectations, the multinational oil firm said on Thursday, noting 2020 challenges will spill into 2021 as many of its clients had to cut budgets.The Dutch company, which supplies floating oil and gas production vessels, forecasts earnings before interest, tax, depreciation, and amortization (EBITDA) of around $900 million in 2021, missing a company-provided consensus for an EBITDA of $926 million."COVID-19 affected our clients and the wider energy market and impacted our operations and projects…

10 Feb 2021

Offshore Services Firm OceanPact Completes $227 Million IPO

Brazil maritime services provider OceanPact Servicos Maritimos has concluded a 1.22 billion reais ($226.51 million) initial public offering, according to a securities filing on Wednesday.OceanPact priced the offer at 11.15 reais per share, at the bottom limit of the indicative range of up to 13.85 reais per share.The company raised 920 million reais in the offering, aimed at expanding its fleet of boats and buying other equipment, while shareholders sold about 300 million reais in shares.($1 = 5.3860 reais)(Reporting by Aluisio Alves; Writing by Jake Spring; Editing by Chris Reese)

10 Feb 2021

Seadrill Seeks Bankruptcy Protection‚ÄĒAgain

(Photo: Seadrill)

Offshore drilling rig contractor Seadrill has filed for bankruptcy protection at a court in the U.S. state of Texas, it said on Wednesday, the second time in four years the company has entered into so-called Chapter 11 restructuring.The Oslo-listed group controlled by Norwegian-born billionaire John Fredriksen returned to court along with several subsidiaries after failing to win consent from bank lenders to postpone payments on $5.7 billion of debts.Its total debts and liabilities…

10 Feb 2021

Europe's Offshore Wind Investments to Keep Growing After Record Year

(Photo: √ėrsted)

Offshore wind investments in the European Union and Britain in 2020 were more than double the level projected at the start of the year and should continue to grow in 2021, an industry group said on Wednesday.The record 26.3 billion euros ($31.9 billion) invested in offshore wind projects in Europe last year was a figure not expected until 2025, Guy Brindley, financial analyst at Wind Europe, said."The investments we saw in 2020 were a lot higher than what we were expecting for the required build-out at this stage…

10 Feb 2021

Cummins QSK95s: Big Electric Power for Conversion of Ariake to FPSO

Oil Tanker, ARIAKE ready for Conversion. (Photo courtesy Cummins/Haig-Brown)

Floating Production Storage and Offloading (FPSO) vessels are essential tools in the search for oil  in deeper waters, further from shore-based facilities. Typically, the large FPSO is stationary with a number of wells feeding oil into its holds. The oil can then be pumped off to shuttle tankers that transport it to shore side tanks and refineries.FPSOs are big expensive pieces of equipment. Some of them are converted from ocean going oil tankers. Such is the case with the 333 by 60-meter, very large crude carrier, VLCC Ariake, which was purchased for conversion to an FPSO.

09 Feb 2021

Jumbo Delivers Yunlin Offshore Wind Farm Goods

Credit: Jumbo

Dutch heavy lift and transportation firm Jumbo has recently completed the transportation part of what is the company's largest-ever job - the Transportation and Installation contract for the Yunlin offshore wind farm in Taiwan.Jumbo said Tuesday it had mobilized its heavy lift vessels, together with subcontracted deck carriers and heavy lifters from third parties, to transport the 40 monopiles, 120 monopile sections, and 40 transition pieces (TPs) from yards in the Netherlands and Germany to Taiwan.The company secured the Yunlin T&I contract with Yunneng Windpower…

09 Feb 2021

Crowley, Watco Team Up to Support Growing U.S. Offshore Wind Industry

Credit: Crowley

Two U.S.-based maritime & offshore services and logistics companies Crowley and Watco, are teaming up in the space of the emerging offshore wind industry in the country.In a statement on Tuesday, the two firms said they'd create a single-source terminal and supply chain management solution to support the emerging offshore wind industry."With the growing number of wind projects planned for U.S. waters, the partnership brings together industry-leading project management and logistics experts who can provide a ‚Äúone-stop-shop‚ÄĚ for owners‚Ķ

09 Feb 2021

Long-term Charters for Østensjø Rederi Offshore Vessel Trio

Photo: √ėyvind S√¶tre / via √ėstensj√ł Rederi

Norwegian offshore vessel provider Østensjø Rederi has signed long-term contracts for three of its offshore vessels.The new contracts for the Edda Fauna and Edda Flora vessels, signed with subsea services company DeepOcean, will begin in the first quarter of 2021 and will secure firm utilization until the end of 2022, Østensjø Rederi."Both Edda Fauna and Edda Flora will be delivered to DeepOcean with a fully integrated state-of-the-art hybrid battery system installed, for a significant reduction in fuel and emission.

08 Feb 2021

VIDEO: BP's Argos Platform Sails Away from S. Korea

Credit: Boskalis

Oil major BP has informed that its Argos oil platform, built by Samsung Heavy Industry, has set sail from South Korea and is en route to Texas.The platform, which will be capable of producing up to 140,000 gross barrels of crude oil per day from up to 14 production wells, will be deployed in the U.S. Gulf of Mexico as part of the Mad Dog 2 development.As previously reported, the Argos platform weighing almost 70,000 tons was in January loaded on Boskalis' semi-submersible heavy transport vessel BOKA Vanguard preparation for the sailaway.Announcing the sailaway…

08 Feb 2021

Petronas Launches Tender for 16 Offshore Support Vessels

Credit: bomboman/AdobeStock

Malaysia's state energy firm Petronas recently launched a tender for the construction of 16 offshore support vessels (OSV), The Edge Weekly reported on Saturday.The newspaper reported, citing sources, that the invitation to bid is for the first batch of contracts and Petronas has plans to build 100 vessels in four years as it phases out its old vessels.The sources said Petronas has set a few requirements for the new OSV contracts, among them that the vessels will have to be built in local shipyards and bidders have to obtain financing from Malaysia-based banks.(Reporting by Liz Lee; Editing by

07 Feb 2021

Pipe Laying for Nord Stream 2 Restarts in Danish Waters

File photo: © Nord Stream 2 / Axel Schmidt

The consortium behind the Russia-led Nord Stream 2 natural gas pipeline has resumed laying pipes in the waters of Denmark, it said on Saturday, despite mounting pressure on the project from Washington.Construction of the link, which would double the capacity of the existing Nord Stream pipeline to 110 billion cubic meters of gas per year, was suspended in December 2019 due to the threat of sanctions from Washington.However the German government has stood by the project and late in December a vessel called the Fortuna…

04 Feb 2021

Bluewater Taps Royston for FPSO Engine Overhaul

Aoka Mizu FPSO - Credit: Royston

FPSO operator Bluewater Services signed a framework agreement with marine engineering and maintenance firm Royston for engine overhaul, repair, and associated services on two of its FPSOs.Under the agreement, Royston will carry out planned engine maintenance and emergency repairs on the Haewene Brim and Aoka Mizu FPSOs operating in the North Sea. The framework includes main engine work on both vessels as well as on generator sets and fire pumps.The Samsung built 103,000 DWT, Hæwene Brim‚Ķ

04 Feb 2021

Denmark to Build Giant Wind Energy Hub In the North Sea

Illustration: Danish Energy Agency

Denmark has reached a deal on the construction of the first of its kind wind energy hub in the North Sea that promises to produce yet unseen amounts of green electricity, in what has been described as the largest construction project in Danish history.The energy hub - an artificial island - will serve as an offshore power plant gathering and distributing green electricity from hundreds of wind turbines surrounding the island directly to consumers in countries surrounding the North Sea.

04 Feb 2021

Solstad Offshore Sells Three Platform Supply Vessels

Credit: Solstad Offshore

Norwegian offshore vessel owner Solstad Offshore has sold three platform supply vessels.The vessels, sold by Solstad's Deep Sea Supply Shipowning AS and Deep Sea Supply Shipowning I AS subsidiaries, are the Sea Angler built in 2007, the Sea Bass built in 2008, and the Sea Turbot, also built in 2008."Delivery of the vessels to the new owner took place today Thursday, February 4th, 2021. The sale of the vessels will result in an immaterial accounting effect for 1Q 2021," Solstad Offshore said.The company did not say who the new owner was nor what the sale price for the PSV trio was.

03 Feb 2021

BOEM to Restart Permitting for Major US Offshore Wind Project

© Peterjohn Chisholm / Adobe Stock

The Biden administration said on Wednesday it would restart permitting for the first major U.S. offshore wind farm, reversing a Trump administration decision that canceled the process late last year.The U.S. Bureau of Ocean Energy Management (BOEM) said in a statement it would resume environmental review of the Vineyard Wind project as part of the administration's broad plan to speed renewable energy development on federal lands and waters."BOEM is committed to conducting a robust and timely review of the proposed project…

03 Feb 2021

UK, Japan Concerned Over East, South China Seas Situation

© Igor Groshev / Adobe Stock

Four ministers from Japan and Britain voiced serious concern on Wednesday about the situation in the East and South China seas and opposed any unilateral attempts to change the status quo, in a apparent reference to China’s maritime expansion.The joint statement was issued after an online meeting of Foreign Minister Toshimitsu Motegi and Defense Minister Nobuo Kishi of Japan, and their respective British counterparts Dominic Raab and Ben Wallace.“The four ministers reaffirmed…

03 Feb 2021

Offshore Wind Firm Ørsted's CEO Optimistic Biden Will Speed Up Permitting

Mads Nipper - √ėrsted CEO / Credit: √ėrsted

Energy group Ørsted expects previously delayed U.S. wind farm projects to receive swifter approval under President Joe Biden's administration, the new chief executive of the Danish energy group said on Wednesday.Mads Nipper, who took the helm of the company in January, made the comments as the company published full-year results in line with preliminary figures.Ørsted, the world's largest offshore wind farm developer, hopes to drive development in the emerging U.S. wind market but has faced significant permitting delays on projects on the country's east coast.The Biden administration‚Ķ

03 Feb 2021

Sail Power: Liebherr Delivers World's Largest Slewing Drive Units

Liebherr advances into new dimensions with the world’s largest slewing drive units. Photo: Liebherr

As the maritime industry grapples with the technology and technique to meet increasingly strict emission mandates, eConowind is working to deliver an innovative wind sail system.In step with the development, Liebherr delivered what is currently the largest worm-driven slewing drive units in the world for the sailing system by eConowind. Inspired by Jacques-Yves Cousteau, eConowind develops an innovative sailing system that is intended to revolutionize commercial shipping. Up to 40 meters high, futuristic metal sails serve as propulsion support for cargo ships.

03 Feb 2021

Valaris Drillship Goes Adrift off Scotland

Credit: Kees Bustraan/MarineTraffic.com

A Valaris drillship went adrift on Tuesday evening, breaking free from moorings near the port at Hunterston, North Ayrshire, Scotland.According to BBC, which was the first to report on the incident on Wednesday, "a major rescue operation has been ongoing overnight," when the 228 meters drillship, Valaris DS4, broke free and started drifting without power.According to the news agency, coastguard rescue teams, vessels, and a helicopter were dispatched to the scene, and no injuries have been reported.Offshore Engineer has reached out to Valaris and Maritime and Coastguard Agency…

02 Feb 2021

New Jones Act SOV Design Unveiled

(Image: Technology Associates, Inc.)

The U.S. is going to need a fleet of Jones Act compliant vessels to serve its budding offshore wind industry. New Orleans-based Technology Associates, Inc. (TAI) said it has designed a range of EnviroMax diesel-electric hybrid service operation vessel (SOV) to support the installation and maintenance of offshore wind farms.‚ÄúGrowth in the U.S. wind energy industry is inspiring,‚ÄĚ said TAI President, Anil Raj PE, ‚Äúand our TAI EnviroMax series of vessels are designed to be in sync with the environmentally sustainability objectives of U.S.

02 Feb 2021

Lenders to Sell Polarcus' Vessels. All Employees to Be Laid Off

A Polarcus vessel - Credit: Alf van Beem - Wikimedia/CC0 1.0

Lenders of the troubled marine seismic contractor Polarcus, which last week took control of the company's vessels after a debt payment default, will sell Polarcus' vessels and all the employees will be let go.Banks last week tool control of Polarcus' subsidiaries that own seismic vessels, with the subsidiaries in question being Polarcus Asima AS, Polarcus Alima AS, Polarcus Amani AS, Polarcus Adira AS, Polarcus Nadia AS, Polarcus Naila AS - bearing the corresponding vessels' names,   and Polarcus Shipholding AS.

01 Feb 2021

VIDEO: 2021 Will Be a 'Step-change' for U.S. Offshore Wind Industry

Credit:  chungking/AdobeStock

Despite being the second-largest global market for onshore wind, the United States is today a very minor player in comparison to the European and East Asian offshore wind markets, however, this is about to change.Philip Lewis, Director of Research, World Energy Reports said in an interview with Maritime Reporter TV, that 2021 is expected to be a "step-change" for the U.S. Offshore wind industry.But first, where are we today? Per Lewis, the U.S. currently has only two operational projects for a total of 42MW of installed capacity versus a global offshore installed base of 34…

01 Feb 2021

PDVSA Eyeing Export Options for Crude Oil from Nabarima FSO

The FSO Nabarima listing in the Gulf of Paria on October 16 (Photo: Fishermen and Friends of the Sea)

Venezuela's state-run oil company PDVSA has begun marketing about 570,000 barrels of Corocoro medium crude recently offloaded from a floating facility that was listing last year, two sources with knowledge of the offer said on Friday.Crude onboard the Floating Storage and Offloading facility (FSO) Nabarima, operated by a joint venture between PDVSA and Italy's Eni, started to be transferred to a tanker late last year amid environmental concerns from neighboring countries over a potential spill.About 1.3 million barrels of oil had remained stored at the FSO since early 2019…

29 Jan 2021

Gallery: BP's Giant Argos Platform Loaded on BOKA Vanguard in South Korea

Credit: Boskalis

BP's giant Argos offshore platform, to be used for the Mad Dog 2 development in the Gulf of Mexico, was this week loaded on Boskalis' BOKA Vanguard vessel in South Korea and is preparing set sail for the U.S.According to Boskalis, the Dutch marine services contractor, the giant Argos floating production unit weighing nearly 70,000 tons was floated onto Boskalis' semi-submersible heavy transport vessel BOKA Vanguard on Tuesday."The vessel was submerged well over 29 meters to make this happen.

29 Jan 2021

Global Energy Group Gets Financial Boost for Port of Nigg Facility Expansion

Nigg from the air - credit Inverair Drone Services (via GEG)

Scottish regional development agency, Highlands and Islands Enterprise (HIE), has approved an investment of up to £8.3m in Scottish Government funding for an £18.9m project to develop the East Quay at Global Energy Group's Port of Nigg facility.The project is aimed at helping the Highlands and Islands economy benefit more from the growth in renewable energy development, as well as meeting the needs of GEG's existing clients.Once completed, the new facility is projected to bring‚Ķ

28 Jan 2021

$2.6 Million Awarded to Advance US Offshore Wind Innovation

© chrisrt / Adobe Stock

The National Offshore Wind Research and Development Consortium (NOWRDC)has made available $2.6 million for a group of projects aiming to advance technological innovation that will drive down costs of offshore wind development in the U.S.The Consortium, established by the New York State Energy Research and Development Authority (NYSERDA) and U.S. Department of Energy (DOE) in 2018, this week announced Round One awards in the Offshore Wind Solicitation 1.0 for offshore wind technology…

28 Jan 2021

Abu Dhabi Ports, Allianz Marine form Offshore Logistics JV

An Allianz Marine Offshore Vessel - Credit: Murali Krishna/MarineTraffic.com

Abu Dhabi Ports‚Äô maritime arm SAFEEN has signed an agreement with offshore vessel owner Allianz Marine & Logistics Services (AMLS), to launch a new international provider of integrated maritime logistic services."Operating under the title of Offshore Support and Logistics Services Company (OFCO ‚Äď Offshore International), headquartered in Abu Dhabi, the new joint venture will be one of the largest, most capable, and cost-efficient providers of onshore and offshore integrated logistics solutions and subsea services in the GCC [Gulf Cooperation Counci] Gulf Cooperation Council region and beyond‚Ķ

28 Jan 2021

Keppel to Exit Offshore Rig Building Business

A Keppel-built drilling rig - File Photo: Keppel

Singapore's Keppel Offshore & Marine, a company famous for its offshore rig construction, is set to undergo a major transformation, look for opportunities as a developer and integrator of offshore energy and infrastructure assets, and exit the offshore rig building business.The company will be restructured into three parts, separating construction and ownership of legacy drilling rig assets from its core operations, "which will be slimmer, asset-light and people-light.""Keppel Corporation announced today that amidst the global energy transition and major disruptions facing the oil industry…

28 Jan 2021

Biden Pauses Federal Oil & Gas Leasing, Eyes Offshore Wind Growth

Joe Biden - Credit: The White House

President Joe Biden on Wednesday signed a new raft of executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies, as he pursues green policies he billed as a boon for job creation.The orders map out the direction for the Democratic president's climate change and environmental agenda and reverse the policies of his Republican predecessor, Donald Trump, who sought to maximize U.S. oil, gas, and coal output by removing regulations and easing environmental reviews."In my view…

27 Jan 2021

Tidewater Taps Inmarsat for Fleet Xpress Upgrades

(Photo: Tidewater)

Satellite communications company Inmarsat said it has secured a fleet-wide agreement with Tidewater to upgrade the majority of the offshore support vessel (OSV) owner's active fleet to Fleet Xpress, complete with advanced vessel technology efficiencies solutions and enhanced and reliable communications for crews.Tidewater was one of the largest users of Inmarsat’s legacy iFusion service, which was scheduled for network shutdown on December 31, 2020. Tidewater and Inmarsat created…

27 Jan 2021

Biden to Target Drilling, Fossil Fuel Subsidies in New Climate Orders

© Lukasz Z / Adobe Stock

President Joe Biden was set on Wednesday to sign executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies as he pursues green policies in stark contrast to those of his predecessor Donald Trump.The orders map out the direction for the Democratic president's climate change and environmental agenda and mark a reversal from Trump, a Republican businessman-turned-politician who sought to maximize U.S. oil…

27 Jan 2021

Lenders Take Control of Polarcus' Ships After Default on Debt

A Polarcus vessel - Credit: Alf van Beem - Wikimedia/CC0 1.0

Lenders took control of Polarcus' ships on Tuesday after the seismic surveyor defaulted on its bank loans and bonds, hit by a drop in spending by energy companies struggling with the COVID-19 pandemic and volatile oil prices.The company's Oslo-listed shares plunged as much as 47% after they resumed trading following an earlier suspension.Polarcus said lenders had taken over shares in subsidiaries that own seismic vessels and replaced directors in each subsidiary, but wanted to continue its operations."In parallel with their actions described above‚Ķ

27 Jan 2021

Biden Sees Nord Stream 2 Pipeline as 'Bad deal' for Europe

Joe Biden - Credit. Gage Skidmore/Flickr - CC BY-SA 2.0

President Joe Biden believes the Nord Stream 2 natural gas pipeline is a "bad deal for Europe" and his administration will be reviewing restrictions on the project included in a bill that passed during the Trump administration, the White House said on Tuesday.The restrictions on the undersea pipeline project were included in the annual defense policy bill that passed on Jan. 1. Sanctions in the measure apply to any companies helping Gazprom, the Russian state energy company leading the project…

27 Jan 2021

ABS to Class U.S. First Offshore Wind Farm Service Operation Vessel

Credit: ABS

Maritime classification society ABS will class the first U.S.-flagged Jones Act offshore wind farm service operation vessel (SOV) ever ordered.The vessel, ordered last year, will be engineered, constructed, and operated by Edison Chouest Offshore (ECO) for long-term charter to service the planned Revolution Wind, South Fork Wind, and Sunrise Wind offshore wind farms in the northeast United States.Edison Chouest Offshore, Ørsted, and Eversource in November 2020 announced the execution of a long-term charter agreement for the provision of the SOV.Matt Tremblay‚Ķ

26 Jan 2021

Seismic Surveyor Polarcus Sees Shares Nosedive as it Defaults on Debt Payment

A Polarcus seismic vessel - Credit: Eburlid/Wikimedia - CC BY-SA 3.0

Oslo-listed seismic surveyor Polarcus has defaulted on its bank loans and bonds, it said on Tuesday, sending the company's shares plunging more than 30%.Polarcus and other seismic surveyors have been hit by weak demand as oil companies slash spending on geological data amid the coronavirus pandemic and last year's crash in the price of crude."The company intends to pursue all available options with a view to ensuring the financial sustainability of the company and in the meantime will halt all payments of interest and amortization to finance providers‚Ķ

26 Jan 2021

U.S. Offshore Wind Developer Asks Biden to Restart Permitting Process

Vineyard Wind, the developer of the first major U.S. offshore wind farm, said on Monday it has asked the Biden administration to restart its permitting process after former President Donald Trump's government abruptly canceled it last month.The company said in a statement it had notified the U.S. Bureau of Ocean Energy Management that the project would not need to change its construction plan as a result of switching to a new turbine supplier, General Electric Co.Last month, Vineyard…

25 Jan 2021

Kongsberg Tech for China-built Offshore Wind Turbine Installation Unit

Credit: Kongsberg Maritime

Norway's Kongsberg Maritime has signed a Letter of Intent with Chinese shipbuilder Yantai CIMC Raffles Offshore to deliver a large technology package for the BT-220IU Wind Turbine Installation Unit.The offshore installation vessel BT-220IU is to be constructed for the Norway-based company OIM Wind, with an option for another vessel of identical design. The vessel, expected to be delivered in 2022, will be suitable for transporting and installing multiple sets of next- and future-generation wind turbines…

25 Jan 2021

ABS Grants AIP for CMI's Deepsea Mining System

Matt Tremblay, SVP, Global Offshore, ABS

In what has been described as an industry first, maritime and offshore classification society American Bureau of Shipping (ABS) has awarded China Merchants Industry (CMI) Approval in Principle (AIP) for its deep-sea mining system design.The AIP follows the publication of the ABS Guide for Subsea Mining in October 2020 and is the first to be issued that conforms to the new Guide, ABS said.CMI’s design focuses on retrieving cobalt-rich ferromanganese crust deposits attached to seamounts.

22 Jan 2021

Russian Pipelaying Vessels En Route to Nord Stream 2 Work Site

Fortuna - Image by Lars Kongsbak/MarineTraffic.com

Russian pipe-laying and other vessels are heading to Nord Stream 2 pipeline construction sites in the Baltic Sea, ship tracking data showed on Friday, amid U.S. pressure to scrap the project that aims to pump more Russian gas to Europe.Work on Nord Stream 2 pipeline, which will land in Germany, was suspended in December 2019 when Swiss-Dutch company Allseas halted pipe laying because of U.S. threats to impose sanctions.Work resumed for a brief period last month on a 2.6-km (1.6-mile) stretch in German waters.

21 Jan 2021

Biden Administration Suspends Federal Oil and Gas Permitting

© sic2005 / Adobe Stock

The Biden administration has temporarily suspended oil and gas leasing and permitting on federal lands and waters while it evaluates the legal and policy implications of the program, according to a Department of Interior memo.The move appears to be a first step in delivering on newly sworn-in President Joe Biden's campaign promise to ban all new federal drilling permits, part of his wider agenda to combat global climate change.The order was welcomed by environmentalists and derided by the oil and gas industry…

20 Jan 2021

Permitting for Big US Offshore Wind Farm to Resume 'Very, Very Soon' -Avangrid CEO

© Peterjohn Chisholm / Adobe Stock

The developer of the first major U.S. offshore wind farm said on Wednesday it will soon apply for a federal permit from President Joe Biden's administration, after former President Donald Trump's government abruptly canceled its initial application last month.Vineyard Wind will resubmit its construction plan to the Bureau of Ocean Energy Management "very very soon," Avangrid Inc CEO Dennis Arriola said in an interview, without specifying an exact date. "We believe that the pause button is going to come off and we're going to continue right where we were…

20 Jan 2021

Allseas' Subsea Mining Ship Project is Moving Forward

(Photo: Allseas)

Swiss-based Allseas has awarded Dutch subsea technology company Seatools the contract for the delivery of the complete electrical, hydraulic and control system for Allseas’ deep-sea mining nodule collector.Driven by the green energy transition, the interest in high-grade seafloor polymetallic nodule deposits has risen in the past few years due to the depleting terrestrial deposits for metals such as copper, nickel, manganese and cobalt. Nevertheless, subsea mining does not take place on a commercial scale yet as current technology readiness levels fall short.Last year…

20 Jan 2021

Elon Musk's Firm Buys Two Offshore Rigs to Serve as Launchpads for SpaceX Rockets

Image by Ian Mantel - MarineTraffic.com

Two offshore drilling rigs, previously used for oil and gas exploration beneath the seabed, could soon help with space exploration.Namely, according to multiple reports this week, a company linked to billionaire Elon Musk bought two deepwater semi-submersible drilling rigs last year, with plans - reportedly - to convert them into floating launch pads for Musk's SpaceX rockets.SpaceX, or Space Exploration Technologies Corp, was founded by Musk back in 2002 to cut space transportation costs and enable the colonization of Mars.According to CNBC…

20 Jan 2021

U.S. Imposes Sanctions on Vessel Bound for Nord Stream 2 Pipeline

Fortuna - Image by Lars Kongsbak/MarineTraffic.com

The United States on Tuesday imposed sanctions on a ship involved in building the Nord Stream 2 pipeline to take Russian natural gas to Europe, as the Trump administration sought to raise pressure on the project on its last full day in office.The U.S. Treasury Department said it imposed the sanctions on the Russian pipe-laying ship "Fortuna" and its owner, KVT-RUS, under the Countering America's Adversaries Through Sanctions Act (CAATSA).Nord Stream 2, designed to double the capacity of the existing Nord Stream undersea gas pipeline…

19 Jan 2021

Germany 'Regrets' U.S. Plan to Sanction Vessel Linked to Nord Stream 2 Pipeline

Fortuna - Credit:Lars Kongsbak/MarineTraffic.com

The United States has informed Germany that it plans to impose sanctions on a Russian pipe-laying ship involved in construction of the Russian-led Nord Stream 2 gas pipeline from Russia to Germany, the German Economy Ministry said on Monday."We're taking note of the announcement with regret," an Economy Ministry spokesman in Berlin said.German business daily Handelsblatt had earlier reported the U.S. sanctions would go into effect on Tuesday as part of the Countering America's…

19 Jan 2021

Two LNG Tankers Bound for Australia's Prelude Facility Divert

An LNG tanker next to the Prelude FLNG facility - File Photo: Shell

Two liquefied natural gas (LNG) tankers that had initially signaled they would load at Royal Dutch Shell's Prelude floating LNG facility in Australia have diverted elsewhere, ship-tracking data showed on Tuesday.This comes just a week after Shell said that Prelude would resume loading cargoes after production had been suspended for nearly a year following an electrical trip.The facility loaded its first cargo since coming back online on Jan. 8 onto the LNG tanker Symphonic Breeze…

18 Jan 2021

Petrojarl Banff FPSO to Be Recycled in Denmark

(Photo: Teekay)

M.A.R.S. Europe said it has been awarded a contract by Teekay Petrojarl Floating Production UK Ltd. for dismantling and recycling of the Petrojarl Banff floating production, storage and offloading unit (FPSO). The deal includes engineering, preparation, dismantling and green recycling of the long-serving floater.Teekay's Petrojarl Banff FPSO is expected to arrive at M.A.R.S. Europe’s EU-approved facility in the Port of Frederikshavn, Denmark prior to the end of Q1 2021.The decommissioned FPSO, which ceased production in the U.K.

15 Jan 2021

Offshore Wind: Things are Getting Bigger

Image by iweta0077/AdobeStock

The global offshore wind industry has been picking up pace unabated by the global pandemic, with industry investments growing and offshore wind turbine makers competing on who'll build a larger turbine. With offshore wind turbines, bigger is better, Rystad said recently.Wind turbine manufacturer Siemens Gamesa in May 2020 announced it was working on developing wind turbines with up to 15MW capacity and a 222-meter rotor - the world's largest in the making. The prototype is expected to be ready in 2021, with turbines commercially available sometime in 2024.

15 Jan 2021

VIDEO: Huisman's Crane for OIM Wind's Offshore Wind Installation Vessel

Credit: Huisman

Dutch crane specialist Huisman has signed a letter of intent with China's Yantai CIMC Raffles Offshore for the delivery of a 2,600mt Leg Encircling Crane (LEC) for OIM Wind’s BT-220IU offshore wind installation unit.OIM Wind last year signed an EPC contract with CIMC for the construction of 1 + 1, BT-220IU Wind Installation Units, with the first unit scheduled for delivery by the end of 2022.Huisman said that its letter of intent with CIMC includes the option for the delivery of a LEC for a second installation unit, as well.

15 Jan 2021

SEACOR Marine Completes Sale of Windcat to CMB

Credit: CMB

New York-listed offshore vessel owner SEACOR Marine has completed the previously announced sale of its offshore crew transfer subsidiary Windcat Workboats to the Belgian shipping and logistics group Compagnie Maritime Belge (CMB).Windcat is headquartered in Lowestoft, United Kingdom and IJmuiden, the Netherlands and has joint ventures with two local partners, FRS Windcat Offshore Logistics in Germany and TSM Windcat in France. Windcat employs approximately 180 shore-based and sea-going personnel.The sale was completed on January 12…

15 Jan 2021

Two Die in Incident Aboard BW Offshore FPSO in Ivory Coast

FPSO Espoir Ivoirien - Credit: BW Offshore

Two people died Thursday in an incident aboard BW Offshore's FPSO Espoir Ivoirien, offshore the Ivory Coast, the FPSO owner has informed."At 13:30 local time today, an incident occurred whilst work was being performed in a cargo tank onboard the FPSO Espoir Ivoirien operating on the Espoir field offshore the Ivory Coast. Two fatalities have been confirmed as a consequence of the incident, which was caused by a leakage of hydrocarbons into the tank where the work was being performed," BW Offshore said."Next of kin have been informed.

14 Jan 2021

Report: Nord Stream 2 Set to Resume Pipelaying Works in Danish Waters

Fortuna pipelayer - Photo by Christoph Brilke/MarineTraffic.com

The Russia-led Nord Stream 2 consortium said on Thursday that work to lay its subsea gas pipeline to Germany would resume in Danish waters on Jan. 15, the TASS news agency reported, despite pressure from the United States for construction to stop.Russia said on Wednesday it was confident of completing the project, although two sources said the U.S. State Department had this month told European companies suspected of helping to build the pipeline that they faced possible sanctions.Nord…

14 Jan 2021

U.S. Blacklists China's CNOOC over South China Sea Actions

Credit: Eagle/AdobeStock

The Trump administration added China’s CNOOC to a U.S. economic blacklist on Thursday, accusing the oil giant of helping Beijing intimidate neighbors in the South China Sea and ratcheting up tension days before U.S. President-elect Joe Biden takes office.Alongside blacklisting CNOOC, the Commerce Department added China’s Skyrizon to the Military End-User (MEU) List over its ability to develop military products including aircraft engines, restricting its access to U.S. exports.CNOOC…

14 Jan 2021

European Firms Facing U.S. Sanctions over Nord Stream 2 Pipeline

© Nord Stream 2 / Axel Schmidt

The U.S. State Department this month told European companies which it suspects are helping to build Russia's Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump administration prepares a final round of punitive measures against the project, two sources said on Tuesday."We are trying to inform companies of the risk and urge them to pull out before it's too late," a U.S. government source said on condition of anonymity.The U.S. source said the State…

13 Jan 2021

Ocean 100: Profits from World's Seas Dominated by 100 Companies

© Ranimiro / Adobe Stock

Just 100 companies account for most of the profits from the world’s seas, researchers said on Wednesday, calling on them to help save the oceans from over-fishing, rising temperatures and pollution.Together, the companies generated $1.1 trillion in revenues in 2018, or about 60% of the total, according to a study that sets out for the first time which firms profit the most from marine industries.Oceans play a critical role in capturing planet-warming gases, absorbing around 25% of all carbon dioxide emissions.

13 Jan 2021

Equinor Selected for US' Largest Offshore Wind Award

© Fokke / Adobe Stock

Norwegian energy company Equinor said it has been selected to provide New York State with offshore wind power in one of the United States' largest renewable energy procurements to date.Under the award, Equinor and partner BP will provide 1,260 megawatts (MW) of renewable offshore wind power from Empire Wind 2, and another 1,230 MW of power from Beacon Wind 1, each calling for more than 90 turbines off the coast of Long Island‚ÄĒadding to the existing commitment to provide New York‚Ķ

12 Jan 2021

Oil Rises to 11-month High

© viking75 / Adobe Stock

Oil hit an 11-month high just below $57 a barrel on Tuesday, bolstered by Saudi Arabia's plans to limit supply, offsetting worries that rising coronavirus cases globally would curtail fuel demand.Brent crude settled up 92 cents, or 1.7%, at $56.58 a barrel by after touching its highest level since last February at $56.75. U.S. West Texas Intermediate (WTI) gained 96 cents, or 1.8%, to $53.28.Saudi Arabia plans to cut output by an extra 1 million barrels per day (bpd) in February…

12 Jan 2021

Tech File: H-Glide Structural Bearings for Extreme Environs

Port loading infrastructure is among the applications for which H-glide technology is suitable. Photo: Hercules Engineering

Custom-fabricated structural bearings are being introduced by Hercules Engineering for extremely high stress applications in structures requiring outstanding load-bearing performance, even in compact or wet spaces in applications such as ports loaders, land and marine logistics and resources exploration and processing structures.The latest Herculon structural bearings are manufactured by integrating H-Glide fiber-reinforced composite pads sliding on 2B finish stainless steel to achieve an exceptionally low sliding coefficient of friction compared with other engineering bearing materials…

12 Jan 2021

Norway Eyes Sea Change in Deep Dive for Metals Instead of Oil

An offshore platform in Norway - Credit:Jone Gundersen/AdobeStock

Norway's oil and gas reserves have made it one of the world's wealthiest countries but its dreams for deep-sea discovery now center on something different.This time, Oslo is looking for a leading role in mining copper, zinc, and other metals found on the seabed and in hot demand in green technologies.Norway could license companies for deep-sea mining as early as 2023, its oil and energy ministry told Reuters, potentially placing it among the first countries to harvest seabed metals for electric vehicle batteries…

12 Jan 2021

Louis Dreyfus Armateurs, Tidal Transit in Another French Offshore Wind Farm Vessel Deal

Credit: Mauric

Louis Dreyfus Armateurs and Tidal Transit have signed a contract for another Crew Transfer Vessel for the Saint-Nazaire offshore wind farm, offshore France. The wind farm site is owned by Eolien Maritime France SAS.The order follows a similar order signed in December 2020, when  GE  ordered two such vessels from Louis Dreyfus Armateurs and Tidal Transit. As the first two crew transfer vessels, this third vessel will be designed by naval architect Mauric and built by French shipyard Ocea.

12 Jan 2021

SMM's Offshore Dialogue: The Value Of Wind And Water

Alfred-Wegener-Institut_Michael Gutsche (CC-BY 4.0)_Polarstern MOSAiC Expedition

At the SMM Hamburg's Offshore Dialogue online conference on February 2, international experts will discuss current trends in the offshore wind farms segment, technical challenges facing tidal and wave energy conversion, and innovative ocean monitoring technologies."About 70% of our planet is covered by water. The Earth's oceans play a key role in shaping the global climate. The more important it is to gather and evaluate as much information as possible about the composition of this ecosystem and how it changes.

11 Jan 2021

Shell's Prelude FLNG Restarts LNG Shipments

File Photo: Shell

Shell's Prelude LNG, the world's largest floating liquefied natural gas (FLNG) project, offshore Australia, has resumed LNG cargo shipments, almost one year after a shutdown caused by an electrical trip.In a brief statement sent to Offshore Engineer, a Shell spokesperson said Monday that the Prelude project had restarted LNG cargo shipping.The Shell spokesperson said: ‚ÄúLNG cargoes have resumed from Shell‚Äôs Prelude FLNG facility. Prelude is a multi-decade project, and our focus remains on delivering sustained performance over the long-term.‚ÄĚThe 488 meters long‚Ķ

11 Jan 2021

Corvus' Energy Storage Systems for Harvey Gulf's Offshore Vessels

© Harvey Gulf

Corvus Energy, an energy storage solutions provider for the offshore energy industry, has won a contract with Wärtsilä to deliver its Energy Storage Systems (ESS) for the offshore support vessel fleet operated by U.S.-based Harvey Gulf.According to Corvus, the orders follow the successful sea trial of Harvey Energy, the first-ever LNG-battery hybrid retrofit of a platform supply vessel (PSV) in the Americas. Harvey Gulf CEO, Shane Guidry has reported that clients and investors are increasingly demanding energy efficiency and emissions reduction.

08 Jan 2021

Rem Offshore's Platform Supply Vessel Hired for Offshore Wind Work

Rem Trader PSV - Image by ian leask/MarineTraffic.com

Norwegian offshore vessel operator Rem Offshore has said its platform supply vessel Rem Trader has been awarded a contract in the offshore wind sector.Rem Offshore said in a social media post on Friday that the vessel - delivered in 2012, and formerly known as Brage Trader- had won a campaign contract for 2021 and 2022 with the Dutch offshore services company Van Oord. Under the contract, the platform supplier, which has for years worked in the oil and gas industry, will be deployed at the French offshore wind farm project Saint Brieuc…

08 Jan 2021

In Sub-Saharan Africa's First, Ghana Takes Delivery of Offshore LNG Terminal

Illustration - Credit: Helios Investment Partners

Ghana has taken delivery of sub-Saharan Africa's first offshore receiving terminal for liquefied natural gas (LNG), allowing it to start delivering LNG to customers in the first quarter of this year, the terminal's operator said.Tema LNG, which is backed by UK-based Helios Investment Partners, said in a statement that a floating regasification unit (FRU) built by a subsidiary of China State Shipbuilding Corporation arrived in Ghana on Thursday.Shell will supply the LNG under a long-term contract…

08 Jan 2021

N-O-S to Provide Vessels for Ørsted's UK West Coast Wind Farms

Credit:twixter/AdobeStock

Crew transfer vessel company Northern Offshore Services (N-O-S) has signed a contract with the offshore wind farm giant Ørsted to provide vessels for its British west coast operations.N-O-S will provide crew transfer support to Ørsted‚Äôs UK West Coast Hub through the provision of seven CTVs over the next three years. The first vessels will start at the beginning of 2021 and will be accompanied by more vessels gradually until the summer. The N-O-S crew transfer vessels will operate on Walney‚Ķ

07 Jan 2021

Pioneering Spirit to Remove Two Morecambe Bay Platforms

(Photo: Spirit Energy)

Allseas' giant heavy lift vessel Pioneering Spirit will remove the DP3 and DP4 platforms in Morecambe Bay off the U.K. for independent oil and gas operator Spirit Energy.The two normally unmanned installations used to produce gas as part of Spirit Energy’s complex of eight installations in Morecambe Bay. As the field has matured, the reserves the platforms previously tapped into have been produced by the larger, manned Central Morecambe platform nearby.The 12 wells that were connected…

06 Jan 2021

Scorpio Bulkers to Change Name to Eneti

(Image: Scorpio Bulkers)

Scorpio Bulkers announced Wednesday that it intends to change its name to Eneti Inc. as the company plans its pivot from dry bulk shipping to offshore wind farm construction and services.The name change, which remains subject to approval at a February 3 shareholders meeting, comes as a growing number of maritime and offshore oil and gas companies target opportunities in renewables.In August, NYSE-listed Scorpio Bulkers announced its intention to transition away from the business…

06 Jan 2021

Crowley Forms 'New Energy' Division to Focus on Offshore Wind, LNG

© halberg / Adobe Stock

Crowley Shipping announced Wednesday it has formed a New Energy division to focus on offshore wind and liquefied natural gas (LNG) services in the U.S. and adjacent regions.The Jacksonville, Fla.-based maritime transportation and services firm, a longtime supporter of the oil and gas industry, said many of its U.S.-flag vessel assets, engineering and logistics services could quickly and easily pivot to support the emerging energy sectors.“At Crowley, we have a strong company culture of environmental stewardship and sustainability in not only our own operations…

06 Jan 2021

Havila Shipping, DeepOcean Settle Dispute

Norwegian offshore vessel owner Havila Shipping has settled a dispute with subsea services provider DeepOcean.The dispute, now settled, came to light after Havila in December said it had terminated the contract with DeepOcean for the Havila Phoenix vessel, citing the latter's breach of contract obligations, and seeking payment.The subsea vessel Havila Phoenix has since 2013 served DeepOcean, under a charter with a firm period until May 2023. The deal included further extension options beyond May 2023.However…

06 Jan 2021

Samsung Delivers Eagle Pilar Shuttle Tanker to AET

Credit: AET

Oil tanker operator AET has taken delivery of the Eagle Pilar, a new Suezmax Dynamic Positioning (DP2) shuttle tanker. The vessel has been purpose-built for long-term charter to Brazil Shipping I Limited, a Shell subsidiary.The vessel was delivered on Wednesday by Samsung Heavy Industries (SHI) in South Korea.This 153,180 DWT DP2 vessel has been built in collaboration with DNV-GL and Eaglestar.According to AET, the vessel is operating to the highest operational and environmental standards, including full compliance with IMO NOx Tier 3 and SOx emission requirements.

05 Jan 2021

Oil Prices Jump 5% on OPEC+ Output Talks, Iran Tension

© Sodel Vladyslav / Adobe Stock

Oil prices climbed nearly 5% on Tuesday after news that Saudi Arabia will make voluntary cuts to its oil output, while international political tension simmered over Iran's seizure of a South Korean vessel.Brent crude futures rose $2.51, or 4.9%, to settle at $53.60 a barrel. U.S. West Texas Intermediate crude ended $2.31, or 4.9%, higher at $49.93 a barrel.Saudi Arabia will make additional, voluntary oil output cuts of 1 million barrels per day (bpd) in February and March. The…

05 Jan 2021

Boskalis Buys Rever Offshore's Subsea Services Business

Rever Polaris - Credit: Rever Offshore

Dutch marine contractor Boskalis on Monday acquired all the shares of Rever Offshore’s subsea services business.Rever, formerly known as Bibby Offshore, provides solutions in the area of subsea construction, inspection, repair, and maintenance. The company has operated in the North Sea out of Aberdeen, United Kingdom.Through this transaction, Boskalis will acquire two diving support vessels of which one is fully owned (Rever Polaris) and a second chartered (Rever Topaz). The group employs an onshore staff of around 130 in addition to approximately 220 offshore workers.

04 Jan 2021

Eni Extends Abo FPSO Contract

Credit: Ciacho5/Wikimedia Commons. Shared under CC-BY-SA-3.0 license

Italian oil company Eni has extended the contract for BW Offshore's Abo Floating Production Storage Offloading (FPSO) vessel.BW Offshore, the owner of the FPSO, said Monday it had signed the extension with Eni's subsidiary Nigerian Agip Exploration.Under the extension, the FPSO, used for production from the Abo field offshore Nigeria, will remain on the contract until the end of the fourth quarter of 2021, with options until Q2 2023. The FPSO contract was previously extended by one year in January 2020.The FPSO‚Ķ

30 Dec 2020

All Jackets Installed at Moray East Offshore Wind Farm

Credit: Deme Offshore

Belgian offshore installation contractor DEME Offshore has completed the installation of offshore wind turbine jackets for the 950 MW Moray East offshore wind farm in Scotland.The offshore wind farm is being developed by Moray Offshore Windfarm East Ltd (MOWEL), which is a joint venture company owned by Ocean Winds ( 56.6%) Diamond Green Limited (33.4%) and CTG (10%).DEME Offshore was awarded the full EPCI scope for 100 wind turbine foundations plus three offshore substation platform foundations in December 2018.

29 Dec 2020

Nord Stream 2 Completes Pipe Laying Works in German Waters

Fortuna pipelayer - Photo by Christoph Brilke/MarineTraffic.com

The Russia-led Nord Stream 2 consortium said on Monday it has completed laying pipes for the project in German waters, finishing work on a 2.6 kilometer-long portion of the pipeline, which had been stalled by the threat of U.S. sanctions."We have completed this work," the consortium said in an emailed statement, referring to the pipe-laying in the German economic zone.Earlier on Monday, Refinitiv Eikon data showed the Russian pipe-laying vessel Fortuna has left the Nord Stream…

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