Offshore News

 

Seaway7 Gets Baltica 2 Offshore Wind Job

Mar 29, 2024

Subsea7's renewables-focused offshore installation subsidiary Seaway7 has secured a ‘sizeable contract’ by PGE Polska Grupa Energetyczna and Ørsted for the transport and installation of the substations for the Baltica 2 offshore wind farm in Poland…

New England Offshore Wind Auction Draws Multiple Bidders

Mar 27, 2024

Several offshore wind developers bid in a combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola and Orsted.The U.S. offshore wind industry is booming so far this year…

Cadeler Signs Wind Turbine Installation Contract Worth Up to $150M

Mar 27, 2024

Danish offshore wind installation firm Cadeler has signed a contract to provide its vessel Wind Scylla for the installation of offshore wind turbines for an undisclosed client.The contract is valued between $75 million and $150 million, including both the firm period and potential options…

Strategic Marine to Build CTV for Polish Offshore Wind Industry

Mar 27, 2024

LOTOS Petrobaltic, an ORLEN Group company, signed a contract for the construction of a Crew Transfer Vessel (CTV) with Singapore-based Strategic Marine, set for service in the Polish offshore wind market.The StratCat 27 CTV is scheduled to be completed this summer…

US Approves Orsted's Sunrise Wind Offshore Wind Farm

Mar 26, 2024

The Biden administration on Tuesday gave final approval to Orsted and Eversource's Sunrise Wind offshore wind facility, which is expected to provide power to more than 320,000 homes in New York.The announcement was the latest positive development for the project…

Woodside Completes Sale of its Scarborough Interest

Mar 25, 2024

Woodside has completed the sale of a 10% non-operating participating interest in the Scarborough Joint Venture to LJ Scarborough (LNG Japan).The completion follows Woodside’s announcement last year that it had established a strategic relationship…

New CTV Ordered for Polish Offshore Wind Sector

Mar 25, 2024

Singaporean shipbuilder Strategic Marine reports it has secured an order to construct a newbuild crew transfer vessel (CTV) for the Polish offshore wind sector.The order comes from LOTOS Petrobaltic S.A., an ORLEN Group company, and will see…

Esgian Week 12 Report: New Finds in Guyana, China and Norway

Mar 24, 2024

Esgian reports fresh finds confirmed in Guyana, China and Norway in its Week 12 Rig Analytics Market Roundup.Report Outline:ContractsDolphin Drilling has announced the award of a $154 million drilling contract from India's exploration and production company…

BOEM Announces Review of Proposed Vineyard Northeast Project

Mar 24, 2024

The US Bureau of Ocean Energy Management (BOEM) will initiate an environmental review of Vineyard Northeast’s proposed offshore wind energy project, located 29 miles offshore Nantucket, Massachusetts at its closest point.  BOEM estimates the proposed project would generate up to 2…

US Revises Tax Credit Rule to Help Offshore Wind Projects

Mar 24, 2024

The Biden administration on Friday released new rules that will make it easier for offshore wind developers to claim a subsidy for facilities planned in areas that have historically relied on fossil fuel industries for employment.The revision…

Woodside Seeks Better Terms to Develop Trinidad's Calypso Gas Project

Mar 24, 2024

Australian oil and gas producer Woodside Energy would like to see improved fiscal terms from the Trinidad and Tobago government before committing to develop a deepwater natural gas project there, CEO Meg O'Neill told Reuters this week.The Caribbean…

German Wind Sector Welcomes Offshore Terminal Funding

Mar 24, 2024

The German Offshore Wind Energy Foundation said the government's decision to help fund the expansion of an offshore terminal is important to achieve expansion goals for wind energy at sea.In a statement late Friday, the foundation said it welcomed…

Tyra II Production Successfully Restarted

Mar 22, 2024

The Tyra Redevelopment Project (Tyra II) has restarted production. At plateau, the Tyra hub will produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day.TotalEnergies operates the Tyra field on behalf of Danish Underground Consortium…

CNOOC Files Arbitration Over Hess Stake in Guyana Oil Block

Mar 22, 2024

Chinese offshore oil and gas major said it had filed an arbitration claim to establish a right over Hess' stake in the giant Guyana oilfield Stabroek in the event of the U.S. firm's sale to Chevron.CNOOC filed the arbitration application on March 15…

Rem Offshore Places Order for Next-Gen Subsea Construction Vessel

Mar 21, 2024

Norway-based offshore vessel owner Rem Offshore and shipbuilder Myklebust Verft have signed a contract for the construction of an Energy Subsea Construction Vessel (ESCV) with a 250-tonne crane.The vessel will be delivered in 2026 and will be…

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