Offshore Engineer Industry News News - page 640


Woodmac: Wind Industry Could Install Around 1 TW of New Capacity by 2030

Mar 29, 2021

The global wind industry could install nearly 1 terawatt (TW) of new capacity between now and 2030, with much of that added by China, consultancy Wood Mackenzie said on Monday.China's target of having 1,200 GW of wind and solar by 2030 could result in 408 GW of new wind capacity from 2021 to 2030…

OHT Sees Uptick in Demand to Transport Offshore Wind Equipment to China

Mar 29, 2021

Oslo-listed Offshore Heavy Transport has said it has recently experienced an uptick in demand for the transportation of offshore wind equipment to China.'OHT’s fleet of semi-submersible heavy transportation vessels have been busy transporting offshore wind equipment to China…

Shell to Link Directors' Pay to Climate Performance

Mar 29, 2021

Royal Dutch Shell has proposed linking its directors' pay more closely to the group's climate performance and severing the link between bonuses and liquefied natural gas (LNG) production volumes, it said on Monday.The weighting of Shell's energy…

Aker Offshore Wind, Hexicon Exploring Floating Wind Options in Sweden

Mar 29, 2021

Norway's Aker Offshore Wind and Swedish firm Hexicon have signed an agreement to jointly explore and realize floating wind opportunities offshore Sweden, that could generate 'several gigawatts' of renewable power.'The two companies have agreed…

Equinor Gets Green Light to Drill Barents Sea Well

Mar 29, 2021

Norwegian oil and gas company Equinor has won a drilling permit to drill an appraisal well in the Barents Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which granted the permit, said Equinor would drill the well, formally known as well 7322/6-1 S…

Maersk Drilling to Reactivate Jack-up Rig to Support Aker BP's Valhall Field Work

Mar 29, 2021

Danish offshore drilling firm Maersk Drilling has won a contract with the Norwegian oil company Aker BP for the ultra-harsh environment jack-up rig Maersk Reacher.Aker BP will use the Maersk Reacher to assist with well intervention, stimulation…

Sembcorp Marine, GE Firm Up $826M Sofia Offshore Wind Farm Contract

Mar 29, 2021

Singapore's Sembcorp Marine and GE Renewable Energy’s Grid Solutions have secured a firm contract from RWE Renewables for the supply to supply the high voltage direct current (HVDC) electrical transmission system for the Sofia offshore wind farm…

Subsea 7 Forms Floating Wind JV with Simply Blue Energy

Mar 29, 2021

Offshore installation contractor Subsea 7 has entered into a joint venture with Ireland-based marine developer Simply Blue Energy, to further develop its Salamander floating wind farm concept, off the northeast coast of Scotland.'Salamander…

Oceanteam, Bourbon JV to Sell CSV Southern Ocean

Mar 26, 2021

Oceanteam Bourbon 4, a joint venture owned 50/50 by Oceanteam and Bourbon Offshore Norway, has entered into a memorandum of agreement regarding the sale of the vessel CSV Southern Ocean.The sale is made subject to customary conditions and is expected to be completed in April 2021…

European Investment Bank Grants $412M Loan for French Offshore Wind Farm Project

Mar 26, 2021

The European Investment Bank (EIB) has granted a €350 million (~$412 million) credit line to a consortium building a wind farm off the coast of Courseulles-sur-Mer in France. This financing, granted to the consortium made up of EDF Renouvelables…

Malaysia: ConocoPhillips Books Velesto Jack-Up Rig

Mar 26, 2021

Malaysian offshore drilling company Velesto said Friday it had secured a drilling contract with ConocoPhillips in Malaysia.The contract is for Velesto's jack-up drilling rig NAGA 7. The estimated value of the contract is around $8 million.Under the contract…

Report: Talos, Pemex Yet to Reach Deal on Giant Offshore Oil Discovery

Mar 26, 2021

No deal has yet been reached on the future of a lucrative shared oil deposit as a deadline expired on Thursday, but Mexican state-run Pemex and Talos Energy will keep talking, three sources with direct knowledge of the matter told Reuters.How…

Total Hires Jacktel for Accommodation Support at Tyra Project, Offshore Denmark

Mar 26, 2021

Jacktel, a subsidiary of Macro Offshore, has won a contract with Total for the supply of its accommodation jack-up Haven at the Tyra redevelopment project offshore Denmark.The contract has a duration of 20 months and starts in the third quarter of 2021…

West Mira Offshore Rig to Resume Drilling by Mid-April after Dropped X-mas Tree Incident

Mar 26, 2021

Offshore drilling rig contractor Northern Ocean expects its West Mira drilling rig to return to work by mid-April after it last week experienced an incident in which some production equipment was dropped to the seabed, off Norway.'During the…

Lundin Makes Minor Oil Find Off Norway. Eyes Tie-in to Solveig Field

Mar 26, 2021

Swedish oil company Lundin Energy has made a minor oil discovery in the North Sea, offshore Norway.The Norwegian Petroleum Director said Friday that Lundin's Norwegian subsidiary Lundin Energy Norge had completed the drilling of the wildcat well 16/4-13 S…

Current News

Keys to Keeping Offshore Metal Structures Ship Shape

Preview: Japan Energy Summit & Exhibition 2025

Havila Acquires Polarsyssel Offshore Supply Ship

Finnish Port Set for Offshore Wind Overhaul

Subscribe for OE Digital E‑News