Latest News - page 48


BOEM Announces New Rules for Protection of Shipwrecks

Aug 31, 2024

The US Bureau of Ocean Energy Management (BOEM) has finalized new regulations to better protect shipwrecks and other cultural resources on the seabed from potential harm due to offshore oil and gas activities.The final rule requires lessees…

Tyra II Transformer Repair Completed

Aug 31, 2024

Operator TotalEnergies has repaired the intermediate pressure compressor transformer at Tyra II that was subject to an operational occurrence in April 2024 which delayed ramp-up to maximum capacity.It was repaired onshore and is now back at the Tyra facilities offshore Denmark…

DOF Subsea Grows Its APAC Backlog

Aug 30, 2024

DOF Subsea (DOF) on Friday announced a contract extension and a contract award securing further backlog for the Asia-Pacific (APAC) region.A contract extension has been secured for dive support vessel Skandi Singapore with the vessel fully committed…

Talos Energy CEO Tim Duncan Steps Down

Aug 30, 2024

Talos Energy said on Friday its CEO Tim Duncan had stepped down on Aug. 29 after serving more than 12 years as the U.S. oil and gas firm's top boss.Shares of the company fell 2.7% in premarket trade.The company named board member Joseph Mills…

Trinidad and Venezuela Set to Launch Seismic Survey at Joint Gas Fields

Aug 30, 2024

Seismic work at offshore gas fields shared by Venezuela and Trinidad and Tobago is expected to start in the coming days, the Caribbean country's energy minister Stuart Young said on Friday on social media.Venezuela in July issued a 20-year license…

GE Vernova Says Offshore Wind Turbine Blade Failures Are Unrelated

Aug 30, 2024

GE Vernova on Friday said recent turbine blade failures at two offshore wind farms in the United States and the United Kingdom are unrelated.The statement comes as the company has been grappling with fallout from three separate blade accidents in four months…

Adani Ports to Buy $185 Million Stake in Astro Offshore

Aug 30, 2024

Adani Ports and Special Economic Zone said on Friday it will buy a majority stake in an offshore support vessel operator for $185 million, expanding its fleet and diversifying beyond port operations.Astro Offshore, in which Adani Ports will buy an 80% stake…

China’s New Installation Vessel Capable of Installing 20MW Turbines

Aug 29, 2024

The mobile wind power installation platform Hengtong Haiyue has been delivered to the Hengtong Group by Jiangsu Dajin Heavy Industry in China.The mobile platform is equipped with a 1,600t leg encircling full-circle slewing crane as well as a 4…

CNOOC Positive on Fossil Fuel Demand

Aug 29, 2024

China's CNOOC Ltd believes fossil fuel will be a stabilising factor in global energy demand for the foreseeable future, as the offshore oil and gas major sets a record output target for 2024, its executives said on Thursday.The state-run company…

Shell to Cut Oil Exploration Workforce

Aug 29, 2024

Shell plans to scale back its oil and gas exploration and development workforce by 20% as CEO Wael Sawan widens his cost-saving drive to the highly profitable division after deep cuts in renewables and low-carbon businesses, company sources said…

First Oregon Offshore Wind Lease Sale Announced

Aug 29, 2024

The US Department of the Interior will hold an offshore wind energy lease sale off southern Oregon on October 15, 2024.The auction will be conducted by the Bureau of Ocean Energy Management and could generate more than 3.1 gigawatts of renewable energy if fully developed…

Oceaneering Reports Multiple UK North Sea Contract Wins

Aug 29, 2024

Oceaneering International, Inc. announced that its UK subsidiary, Oceaneering International Services Limited, has secured multiple contracts for decommissioning, inspection, subsea preparation, and installation support services in the U.K. sector of the North Sea…

Senesco Launches Fifth CTV for WindServe Marine

Aug 29, 2024

Senesco Marine recently held a launch and christening ceremony for WindServe Marine's new Jones-Act-compliant crew transfer vessel (CTV), WindServe Frontier.WindServe Marine, a sister company to the North Kingstown, R.I. shipbuilder—both part…

New Deepwater Berth Opens to Accommodate Offshore Wind Vessels in New Bedford

Aug 29, 2024

The New Bedford Foss Marine Terminal (NBFMT) this month opened its first deepwater berth to accommodate vessels serving North America’s emerging offshore wind sector.This milestone, reached after two years of demolition and construction, marks…

Mass. Maritime Renews Offshore Wind Training Partnership with RelyOn Nutec

Aug 29, 2024

Massachusetts Maritime Academy (MMA) on Thursday announced it has renewed its training partnership agreement with RelyOn Nutec GoM (Gulf of Mexico).The partnership was formed in 2019 and over the past five years has provided specialized Global…

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