Offshore Energy Industry News

31 Mar 2020

ABS to Class Silver Eagle's New Jack-Ups

ABS, a classification services provider to the marine and offshore industries, will provide classification for a series of "highly innovative Self-Elevating Drilling Units (SEDU)" for Silver Eagle Global.Silver Eagle, of Manama, Bahrain, says the self-propelled design is capable of working at greater water depths and in harsh environments. According to Silver Eagle Global, the Silver Eagle SEDU 430WC-4 will have the industry’s largest deck area and deck load capacity, large accommodation…

16 Mar 2020

Offshore Technology Conference (OTC) 2020 Postponed

© juanjo/AdobeStock

Offshore Technology Conference 2020, one of the world's largest conferences and exhibitions dedicated to the offshore energy industry, will be postponed this year due to the coronavirus outbreak.The OTC 2020 organizers said on Friday that the conference, originally scheduled for May 4-7, 2020, would be delayed.“The Offshore Technology Conference (OTC) recognizes the unprecedented global challenge associated with the current COVID-19 pandemic. The health and safety of our partners…

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.

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…

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.

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…

03 Jul 2019

Esvagt Eyes Offshore Wind with New Hire

Photo: ESVAGT

Esvagt, provider of emergency rescue and response vessels and related services to the offshore energy industry, said it has appointed a new head of business development to lead a push into new services, including in offshore wind.The Danish vessel operator announced the appointment of Flemming Hjorth as Head of Business Development, New Services, the focus on business development will be even more concentrated. "When we develop the services that we can offer, we strengthen our relationships with our customers and help optimise the value chain for the benefit of both parties…

01 Apr 2019

Skandi Captain's Maiden Visit to Lowestoft

The vessel Skandi Captain on its maiden visit to the Port of Lowestoft. Image: Associated British Ports

Associated British Ports (ABP) said that its Port of Lowestoft welcomed the Platform Supply Vessel (PSV) the Skandi Captain this week on its maiden call to the port.The visit is the latest in ABP’s partnership with Peterson UK Limited, the major logistics and service provider to the offshore energy industry.The Skandi Captain is the 50th additional call to Lowestoft since the Peterson agreement which was signed in January 2019, bringing vessel visits into the inner harbour on…

26 Mar 2019

NOSAC to USCG: Allow Domestic OSVs in Disaster Recovery

Aaron Smith, OMSA President

Last week, the National Offshore Safety Advisory Committee (NOSAC) overwhelmingly approved recommendations that the U.S. Coast Guard (USCG) remove the hinderances that prevented U.S. energy-industry vessels, from assisting Puerto Rico with recovery efforts after Hurricane Maria.The offshore energy industry is serviced by highly specialized vessels. Offshore supply vessels (OSVs) have large open decks to carry cargo to offshore rigs. OSVs typically also have massive internal tanks to carry and pump water, drilling mud, or fuel to offshore facilities.

19 Mar 2019

STR Opens Australian Office

Photo: Subsea Technology & Rentals

The specialist in the design and manufacture of advanced subsea technology for the offshore energy industry, Subsea Technology & Rentals (STR), is delighted to announce the launch of its Australian Office and hosted its official office opening day in Perth, Western Australia.The solution provider for seafloor investigation and inspection to the offshore community said in a press release that it has invested in the region following the appointment of Jason French as Business Development…

03 Mar 2019

Subsea 7 Buys-back Shares

Pic: Subsea 7 S.A.

With the market looks upbeat, Luxembourg-based subsea services vessel owner Subsea 7 announced a share buy-back programme."Reflecting Subsea 7’s strong financial and liquidity position and improving market outlook as well as a rebalancing of cash returns to favour share repurchases, the Board of Directors authorised a new share repurchase programme of up to USD 200 million," said a press release from the subsea engineering, construction and services company serving the offshore…

25 Feb 2019

Seacat Renews SMC Deal

Pic: Specialist Marine Consultants Limited

Offshore energy support vessel operator Seacat Services has extended the vessel inspection agreement with Specialist Marine Consultants (SMC), the health and safety advisory to the marine and energy industry.The agreement marks the second year that SMC has been contracted to carry out the Marine Inspection for Small Workboats (eMISW) for the 14-strong Seacat Services fleet.The eMISW is an annual assessment of metrics including vessel integrity, stability, and life-saving facilities.

20 Jan 2019

Finalists Revealed for 2019 Offshore Achievement Awards

Previous Offshore Achievement Award winners provided by Offshore Achievement Awards

Finalists for the Offshore Achievement Awards 2019 have been revealed last week.The annual awards, which are hosted by the Society of Petroleum Engineers (SPE) Aberdeen Section, give recognition to the best talent, performance and innovation in the offshore energy industry. The award is supported by principal sponsor TAQA.This year’s shortlist recognises exceptional companies, both large and small, ground-breaking technological developments and individuals who go above and beyond in the sector.Over 90 entries were received…

07 Jan 2019

ABP, Peterson Sign Pact

ABP local management team welcomes Peterson UK to Lowestoft. Photo: ABP

The logistics and service provider to the offshore energy industry Peterson UK Limited has concluded a new long-term agreement with Associated British Ports Holdings (ABP) to establish a new operational and logistics base to the Port of Lowestoft.ABP, which owns and operates 21 ports in the United Kingdom, said that the new agreement will see Peterson operate a wide range of warehouse, cargo and logistic services from the port, including fuel bunkering to support the oil & gas and renewable energy sectors being supplied from their Lowestoft Supply Base.Paul Smith…

24 Dec 2018

Lamprell Wins Offshore Wind Project

Image: Lamprell

Lamprell announced that it has been selected by GeoSea Procurement & Shipping Luxembourg SA, a wholly owned subsidiairy of GeoSea NV, the lead engineering, procurement, construction and installation contractor on the Moray East offshore wind farm, to fabricate jacket foundations for the project.Lamprell, the provider of fabrication, engineering and contracting services to the offshore energy industry, said it will fabricate 45 out of approximately 100 jacket foundations required for the wind farm…

08 Nov 2018

Reach Charters Topaz Tiamat

(Photo: Topaz Energy and Marine)

Norwegian based Reach Subsea said it has entered an agreement with Dubai headquartered Topaz Energy and Marine to charter newbuild light subsea construction vessel Topaz Tiamat for 2.5 years, plus three one-year options.The Norwegian-built vessel will be deployed under a cooperation agreement between Reach and Sweden's MMT. The team has been awarded several frame agreements for survey; inspection, maintenance and repair; and light construction within the oil and gas and renewable sector over the last year.Reach said the commercial terms of the charter agreement are confidential…

28 Sep 2018

Dynamically Positioned for the Future

Texas A&M students training with Kongsberg DP simulation equipment. (CREDIT: TAMUG)

OSVDPA accredits Texas A&M Maritime Academy to provide dynamic positioning (DP) training to its cadets.In early September, 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. For any U.S. maritime academy, most if not all of them traditionally focused on sending out graduates ready for blue water, deep water service, this represents a sea change in training.

25 Sep 2018

Smarter Energy Policy Will Broaden Offshore Recovery

For the past few years, depressed commodity prices, stricter regulatory requirements and competition from onshore development at home and from other countries offering attractive offshore lease and royalty terms have had severe impacts on new exploration in the U.S. Gulf of Mexico. Thankfully, the tide appears to finally be turning.In August, Gulf of Mexico Lease Sale 251 drew increased competition for offerings and $178 million in high bids, $53 million more than previous sale held in March.

24 Sep 2018

Fouling Control on Workboats

(Biofouling photo - U.S. Navy photo by Mass Communication Specialist Seaman Apprentice Christopher Frost/Released [A sailor scraping barnacles from the bottom of a rigid-hull inflatable boat aboard an aircraft carrier.])

As the domestic offshore energy industry stirs ever so lightly, the task of reactivating long-dormant vessels – some with extensive hull fouling – will become Job ONE. That’s easier said than done.Care and Preservation of Ship Hulls: Workboats vs. Deepwater VesselsNever before has there been such a wealth of data on the processes relating to the fouling of ship hulls. The formation of biofilms and subsequent micro- macro-and bio-fouling has been examined in minute detail and the…

15 Aug 2018

Signs of Recovery in the US Gulf of Mexico

© Theerapong / Adobe Stock

Today's U.S. auction of Gulf of Mexico exploration leases drew tepid response from oil companies, but marked notable progress for an industry still in a state of recovery.“While not a barn burner, Lease Sale 251 tops the previous Gulf sale in terms of increased participation, increased competition for offerings, and bid amounts,” said Randall Luthi, president of the National Ocean Industries Association (NOIA). “In addition, bidding activity demonstrates both continued interest in deepwater tracts and renewed interest in shallow water tracts.”Luthi continued…

03 Aug 2018

Subsea 7 Signs on for FutureOn Planning Software

Image: Subsea 7

Norway-based digital technology innovator FutureOn announced a multi-license contract for its Field Activity Planner (FieldAP) software with Subsea 7, a leading global contractor providing engineering, construction and services to the offshore energy industry.“FieldAP brings all the data about the field into one centralized digital environment to help our customers see more about their assets from every vantage point and collaborate meaningfully, which makes it possible for them to make economically prudent planning decisions…

02 May 2018

Damen Debuts New Fast Crew Supplier Vessel

Damen FCS 2710 front view Photo Damen

Damen Shipyards Group has introduced a new model to its Fast Crew Supplier range: the FCS 2710, which builds on the FCS 2610 first introduced in 2011.The first FCS 2710 vessel is already in build at Damen Shipyards Gorinchem for delivery in July 2018. The FCS 2710 retains the twin hull, axe bow design. However, as the offshore energy industry has evolved in recent years so has its requirements for crew transfer vessels and the regulations that govern them. Damen has listened to the feedback and designed a vessel that retains much of the fundamental design of the 2610…

21 Mar 2018

Acta Marine’s Newbuild Completes Sea Trials

Acta-Auriga-on-sea-trial Photo Ulstein Group

The SOV W2W vessel Acta Auriga, currently under construction at Ulstein Verft, Norway for owner Acta Marine, has successfully completed sea trials. The walk-to-work vessel is custom-designed for the offshore energy industry. Together with a 3D crane, SMST gangway and elevator tower, and the X-BOW and X-STERN design solutions, the vessel will break new grounds in workability, in-field agility, offshore logistics and comfort on board for 120 persons combined with a low fuel consumption, the builder said.

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