Offshore Energy News

02 Dec 2019

HST Adopts Reygar's BareFLEET for its CTVs

Chris Huxley-Reynard, Managing Director, Reygar

High Speed Transfers goes global with BareFLEET, as the firm commits to monitoring and reporting best practice proven across European operations.High Speed Transfers (HST), a Crew Transfer Vessel (CTV) operator supporting the offshore wind energy and oil and gas industries, is adopting BareFLEET, Reygar’s advanced remote monitoring system, across the entirety of its fleet as the business looks to replicate its European successes in the U.S. and Taiwanese markets.Offshore energy is an increasingly global sector…

24 Nov 2019

U.S. Needs to Revive Shallow-Water GoM E&P

Image: Bureau of Safety and Environmental Enforcement (BSEE)

The US should define the Gulf of Mexico Shallow Water Province as a distinct entity to avoid stranding more than $20 billion of its oil and gas resource, said a new research.According to a research from the Bureau of Safety and Environmental Enforcement (BSEE) and Bureau of Ocean Energy Management (BOEM) the GOM Shallow Water Province, comprised of water less than 200 meters deep, is a historically energy-rich area which now produces natural gas, accounting for 33% of the gulf’s…

19 Nov 2019

Naval Dome Unveils Maritime Security Solution

Pic by  Naval Dome

Israel-based cyber security specialist Naval Dome has introduced a new software-based cyber protection that can be easily installed on all ship, port, or offshore OT systems, including navigational equipment, machinery control systems and cargo handling equipment.S-Marine Dome and S-Port Dome are aimed at those ship, offshore energy and terminal operators requiring instant protection without having to go through lengthy type approval processes or can no longer afford to wait for suppliers to upgrade or replace critical systems.Naval Dome Vice President…

11 Nov 2019

Bourbon Commits 100+ Vessels to Fleet Xpress

(Photo: Bourbon)

Marine services firm Bourbon has signed a contract committing more than 100 offshore support vessels (OSVs) to Inmarsat’s Fleet Xpress, the maritime broadband service that combines the speed of Ka-band with continuous back up from Inmarsat’s FleetBroadband operating on L-band.The deal represents a breakthrough offshore contract for Fleet Xpress, which is already installed on some 7,000 vessels - mainly seagoing merchant ships, the company said.“This contract is substantial in…

31 Oct 2019

Offshore Wind: a Freshening Breeze?

AdobeStock_CREDIT Yauhen Suslo

July brought news about offshore wind. There was something for everyone: optimism, disappointment, and construction, too.Finally, starting with Dominion Energy’s Coastal Virginia Offshore Wind Project, a joint venture with Danish wind developer Orsted is underway. True, this is a small project – just two wind turbines to be installed 27 miles east of Virginia Beach. But considering all the preceding hurdles, news about Dominion blew in as proverbial, hopeful fresh air. Surely…

30 Oct 2019

OP/ED: Offshore Wind

Nicolette Nye, Vice President of Communications and Member Development of the National Ocean Industries Association (NOIA) in Washington, DC.

Set to Soar, Taking Offshore Support Industry With it.Offshore energy development is opening a new front in the United States -- the Atlantic seaboard, with strong winds, a shallow continental shelf and a proximity to dense population centers is driving strong interest in offshore wind development. The offshore oil and gas supply chain stands to benefit in a big way from billions in coming investment. In fact, it is already playing a role. Companies in the Gulf of Mexico, which traditionally support the offshore oil and gas sector…

28 Oct 2019

COATINGS: Chasing Better Prospects

As the offshore industry recovers, choosing the right hull coating for those newly activated assets will be equally important.The global offshore support vessel (OSV) market is still recovering from a protracted slump, but thankfully momentum is now returning with predictions for significant activity for OSV’s ahead. As summarized in a report by market analysts Grand View Research, projections are for the OSV market to exceed USD 71 billion by 2022 on the back of a significant increase in projects reaching final investment decision (FID) status, and a rising demand for oil and gas worldwide.

28 Oct 2019

Blyth Port Readies Turbine Training Facility

Image: Port of Blyth

UK's East coast port , Port of Blyth, said that it is installing a bespoke wind turbine training facility at its Bates terminal as part of a GBP1mln investment in training provision aimed at the offshore energy sector. This is a first for the UK wind industry.With the rapid growth of renewable energy providing the North East with major inward investment opportunities, the skills gap that currently exists in the sector is a key barrier to growth.This investment has enabled the Port of Blyth…

22 Oct 2019

ORCA Hub Readies Drones for Offshore Energy

 Image: Heriot-Watt University

A consortium of five universities, including Heriot-Watt University, working with 35 industrial and innovation partners, has unveiled the latest results from its research collaboration.The largest academic center in the world for research into robotics technology for offshore energy infrastructure, the ORCA Hub’s aim is to advance robotics and Artificial Intelligence technologies for the inspection, repair, maintenance and certification of offshore energy platforms and assets.Creating solutions to some of the most challenging…

21 Oct 2019

Semco Inks Agreement with the Armed Forces

Lars Jønholt Halvorsen (Photo: Semco Maritime AS)

Semco Maritime AS (Norway) has signed a framework agreement with the Armed Forces.Semco Maritime AS has entered into a framework agreement with the Norwegian Defense Logistics Organization (FLO)The agreement covers the navy / coastguard vessels at Haakonsvern base and all assignments under this agreement will be handled from Semco Maritime’s shipyard at Hanøytangen.The agreement, which has a duration of four years, has an option of an additional three yearsThe agreement has a…

08 Oct 2019

Seacat Kicks Off 3-vessel Charter with Equinor

(Photo: Seacat Services)

Offshore energy support vessel (OESV) operator Seacat Services said it has commenced a long-term contract with Equinor, which will see three OESVs support the ongoing operations and maintenance (O&M) of the 88-turbine Sheringham Shoal Offshore Wind Farm in the UK North Sea.Throughout the contract, two of Seacat Services’ 21-meter vessels – Seacat Endeavour and Seacat Reliance – will operate on site all year round, and between March and October they will be joined on site by a…

26 Sep 2019

OMP Acquires Stake in TEN

Pic: Watson Farley & Williams

The maritime and offshore energy institutional investor OMP is acquitting of US$35m of Series G Redeemable Convertible Perpetual Preferred Shares of the Greek shipping company Tsakos Energy Navigation (TEN) in a private placement.Watson Farley & Williams (WFW) is advising OMP in preferred stock transaction.The Series G Preferred Shares will participate on an as-converted basis in any dividends declared and paid on TEN’s common shares and will be convertible at any time on a three and one-third-for-one basis into TEN common shares.Within the first quarter of 2021…

20 Sep 2019

IUMI Reports Cut in Offshore Insurance Premiums

James McDonald. Photo: IUMI

International Union of Marine Insurance (IUMI) Offshore Energy Committee reported a further reduction in global offshore energy premiums.Global premiums in this sector were reported to be USD 3.4 billion which represented a 3% reduction from 2017. This continued the downward trend: premiums in 2017 were down 5% on the previous year and premiums in 2016 were down 21% on 2015.James McDonald, Chair of the IUMI Offshore Energy Committee said: "The drop in premium income has largely followed the oil price which has dipped by around 20% over the past year.

05 Sep 2019

MN100: Texas A&M Maritime Academy

Admiral Michael Rodriguez, Superintendent of Texas A&M Maritime Academy

Dynamically Positioned for the Future, the Texas A&M Maritime Academy takes its place among our 2019 MN100 best of industry winners. It's 'no accident' that today's early adoption of DP curriculum puts the school and its students front and center when it comes time to man tomorrow's futuristic offshore energy support tonnage.Late last year, the Offshore Service Vessel Dynamic Positioning Authority (OSVDPA) announced that the Texas A&M Maritime Academy at Texas A&M University at Galveston was now the first maritime academy in the nation accredited to provide OSVDPA courses to its cadets.

25 Aug 2019

ROVOP Joins ORCA Hub

Pic: ROVOP

ROVOP, the global subsea robotics specialist, is the latest company to join the ORCA (Offshore Robotics for Certification of Assets) Hub offshore robotics, artificial intelligence and autonomous systems development program. The ORCA Hub is a consortium of five universities – Heriot-Watt University, University of Edinburgh, University of Liverpool, University of Oxford and Imperial College London – that are working together to develop highly specialized robotics and AI technologies for the inspection…

23 Aug 2019

Triton Knoll Selects Seacat for OESV

Photo courtesy of Trinton Knoll

Offshore energy support vessel (OESV) operator Seacat Services signed a  deal to support the construction phase of Triton Knoll offshore wind farm.The contract, which includes options for further vessel charters, will initially see two Seacat Services OESVs – one 26-meter and one 24-meter catamaran – operating out of Triton Knoll’s new Grimsby construction base, providing specialist crew transfer and logistical support at the 90-turbine, 857MW project off the UK’s East Coast.With offshore construction set to commence in Q1 2020…

15 Aug 2019

US Patent Approval for Wave Energy

Jussi Ă…kerberg, Chief Technology Officer (CTO) of AW-Energy Oy (Photo: AW-Energy Oy)

AW-Energy Oy, a Finnish wave energy technology developer, received an “approval” for AW-Energy’s patent application from the United States Patent and Trademark Office (USPTO).The patent [PCT/050485] provides AW-Energy with broad IP protection of its latest generation WaveRoller device including a range of operating improvements made to the device’s system and infrastructure, particularly on fail safe operating improvements to protect against extreme weather conditions.“This is a significant and exciting decision by the USPTO…

06 Aug 2019

Boost for Scrabster Harbor Project

 Image by Highlands and Islands Enterprise

The second phase in a major upgrade of Scrabster Harbor in Caithness, the North of Scotland, has secured up to GBP3 million investment from Highlands and Islands Enterprise (HIE).The funding will enable the redevelopment of the existing St. Ola pier to create further deep-water infrastructure and meet anticipated demand from cruise ships and offshore energy supply vessels. It will place the port in an ideal position to service activity in the West of Shetland basin.A new piled quay wall and pier deck will be installed to expand the existing pier.

02 Aug 2019

NOIA Weighs in on The COASTAL Act

National Ocean Industries Association (NOIA) Vice President for Government and Political Affairs Tim Charters

National Ocean Industries Association (NOIA) Vice President for Government and Political Affairs Tim Charters issued the following statement after the introduction of the Conservation of America’s Shoreline Terrain and Aquatic Life (COASTAL) Act:“It is vital that American offshore energy production promote equity for the states immediately adjacent to these offshore areas. By amending GOMESA and establishing a revenue sharing program for Alaska, the COASTAL Act will ensure that these states receive continued benefits from their participation in offshore energy production…

30 Jul 2019

Chartwell Confirms Another CTV Order

Photo: Chartwell

Class-leading offshore energy support vessel (OESV) operator, Seacat Services, has taken up its option to build a second multi-million-pound Chartwell 24 catamaran for the offshore wind sector. Seacat Rainbow, designed by pioneer in next generation vessel design, Chartwell Marine, will enter construction immediately at Isle of Wight shipyard Diverse Marine.Recent multi-vessel contract wins and charter extensions from valued long-term customers have led to high levels of forward utilization for the Seacat Services fleet, creating a strong commercial case for further expansion.

30 Jul 2019

Seacat Services Orders Crew Transfer Vessel

(Image: Chartwell Marine)

Offshore support vessel operator Seacat Services has taken up its option to build a second multimillion-dollar Chartwell 24 catamaran for the offshore wind sector. Seacat Rainbow, designed by pioneer in next generation vessel design, Chartwell Marine, will enter construction immediately at Isle of Wight shipyard Diverse Marine.Recent multi-vessel contract wins and charter extensions have led to high levels of forward utilization for the Seacat Services fleet, creating a strong commercial case for further expansion.

22 Jul 2019

World First: High-Wave Floating Solar Park

Image: Jan De Nul Group

A Belgian consortium has launched a project in high-wave offshore solar technology with the aim of building floating solar parks in the North Sea.Large maritime market players Tractebel, Jan De Nul Group, DEME, Soltech and Ghent University formed a consortium and announced the launch of an innovative project in the field of marine floating solar technology.The consortium strongly believe that solar photovoltaic (PV) panels in offshore waters are one of the essential future green energy sources.

15 Jul 2019

OP/ED: Stronger Together

Image CREDIT: AdobeStock / ©_Ian Dyball

In 1941, geologist Orval Lester Brace stated “it may be tentatively assumed that the Gulf of Mexico is a potential source of salt-dome oil. Whether or not it will be economically feasible to explore these waters for the domes that must exist is a question for the future to answer.”  The future hypothesized by Mr. Brace was not nearly as far off as it seemed. Less than six years after his proclamation, Kerr-McGee Oil Industries, along with Phillips Petroleum, Stanolind Oil and Gas Co…

Maritime Reporter Magazine Cover Dec 2019 - Great Ships of 2019

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