Offshore News


BOEM Advances Offshore Wind in Central Atlantic

Jun 09, 2024

The US Bureau of Ocean Energy Management (BOEM) has announced the availability of its final Environmental Assessment (EA), which considers possible impacts from issuing leases for potential offshore wind development off the Delaware, Maryland…

New Zealand to Introduce Bill to Reverse Oil and Gas Exploration Ban

Jun 09, 2024

New Zealand's government said on Sunday it would introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil and gas sector.The bill would end the ban, in place since 2018…

Jumbo Offshore Completes Monopile Removal Job in Taiwan

Jun 07, 2024

Dutch heavy lift shipping and offshore transport and installation contractor Jumbo Offshore has completed the removal of two monopiles on the Yunlin offshore wind farm in Taiwan.The Jumbo Offshore crew carried out the work by deploying its DP2…

BOEM Clears Way for Central Atlantic Offshore Wind Leases

Jun 06, 2024

The Bureau of Ocean Energy Management (BOEM) issued on Thursday its final environmental analysis that found 'no significant impacts' from leasing Central Atlantic coastal areas for potential offshore wind development off the Delaware, Maryland…

North Star Eyes 40 Hybrid SOVs by 2040 with New Funding in Its Pockets

Jun 06, 2024

North Star has secured debt investment of up to $543 million (£425 million) to fuel the next phase of its European offshore wind expansion, setting the target to add 40 hybrid service operation vessels (SOVs) to its fleet by 2040.The committed…

Seatrium Awarded LOI for a Deepwater Gulf of Mexico FPU

Jun 04, 2024

Seatrium has been awarded a Letter of Intent (LOI) by BP Exploration & Production Inc. (bp) to carry out certain early engineering works pending the finalization of a definitive contract for engineering, procurement, construction and commissioning…

DEME's New Fallpipe Vessel Named Yellowstone

Jun 04, 2024

DEME's new fallpipe vessel—the world's largest—was officially named Yellowstone by Her Royal Highness Princess Astrid, Princess of Belgium, during a ceremony in Zeebrugge on Tuesday.Originally a bulk carrier, the ship was converted at Pax Ocean…

New York Finalizes Offshore Wind Contracts for Equinor, Orsted Projects

Jun 04, 2024

The New York State Energy Research and Development Authority (NYSERDA) said on Tuesday it had finalized contracts for Equinor's Empire Wind 1 and Orsted's and Eversource's Sunrise Wind offshore wind projects.NYSERDA in February awarded conditional…

Dutch Subsea Services Newcomer Acquires First Vessel

Jun 04, 2024

FreeStar Subsea Services, a Netherlands-based company established by the merger of Vriezoo ROV Services and Mark Offshore, has acquired its first vessel and started operations.The company offers remotely operated vehicle (ROV) and survey support services with its own vessel…

Strategic Marine Delivers Two Offshore Wind CTVs to Mainprize Offshore

Jun 04, 2024

Singaporean shipbuilder Strategic Marine has delivered two offshore wind Crew Transfer Vessels (CTVs) to UK-based Mainprize Offshore.The two 27-meter vessels are part of the UK-based CTV owner and operator’s ongoing fleet expansion and will add to its current fleet of 11 vessels…

DOF’s Pipelay Support Vessel Hooks Petrobras Job

Jun 04, 2024

Norwegian offshore vessel operator DOF Group has secured a ‘major contract’ from Petrobras for its pipelay support vessel (PLSV) Skandi Vitória.DOF secured a three-year firm contract, plus option, for its PLSV Skandi Vitória as part of an ongoing tender process…

South African Appeals Court Throws Lifeline to Shell's Wild Coast Exploration

Jun 03, 2024

A South African appeals court on Monday suspended a previous ruling that halted offshore exploration by Shell along the unspoilt Wild Coast and allowed oil companies another chance at public consultation, court documents showed.The lack of public…

OPEC+ Extends Deep Oil Production Cuts into 2025

Jun 03, 2024

OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival U.S. production.Brent crude oil prices LCOc1 have been trading near $80 per barrel in recent days…

First Korean-built Geophysical Exploration Vessel Commissioned

Jun 03, 2024

South Korea's first domestically built geophysical exploration research vessel was commissioned during a ceremony at Pohang Yeongilman Port on May 31.The 92-meter Tamhae 3 is a fully state-funded research vessel owned by the Korea Institute of Geoscience and Mineral Resources (KIGAM)…

Reach Subsea Extends Charter for IMR Vessel Havila Subsea

Jun 03, 2024

Norwegian subsea services firm Reach Subsea has entered the agreement with vessel owner Havila Shipping to extend the charter for inspection, maintenance and repair (IMR) vessel Havila Subsea.The contract extension is for a firm period of three years…

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