Offshore News


Peterhead Port Secures Offshore Wind Contract

Aug 10, 2017

Game-changing turbine foundations and one of the world’s largest floating cranes to be marshaled at harbor for Vattenfall’s European Offshore Wind Deployment Center Peterhead Port Authority is set to support the start of offshore construction…

DNV GL Performs Offshore Drone Survey

Aug 03, 2017

Classification society DNV GL said its surveyors have carried the group’s first offshore drone survey on the semisubmersible vessel Safe Scandinavia in the North Sea. The 25,383 GT tender support vessel (TSV) Safe Scandinavia is owned and operated by Prosafe…

Brookfield Buys Stake in Teekay Offshore

Jul 27, 2017

Canadian asset manager Brookfield Business Partners will  buy 60 percent of Teekay Offshore Partners, a subsidiary of marine transportation provider Teekay Corp, for about $750 million, Reuters reported quoting company sources. Brookfield…

Keppel, Sembcorp Merger on the Cards ?

Jul 24, 2017

A merger between two of the Singapore’s largest offshore rig builders, Keppel Offshore & Marine and Sembcorp Marine, might be on the cards, report local media quoting the Development Bank of Singapore (DBS). DBS said that with orders at a trough and expectations for only a modest recovery…

Standard Club Establishes New Offshore Advisory Committee

Jul 21, 2017

The Standard Club is driving developments in offshore P&I with the launch of the Standard Club Offshore Advisory Committee (SCOAC). SCOAC aims to analyse offshore trends, assist the club in further understanding and disseminating industry best…

Seacroft Hires Pearce as Engineering & DP Manager

Jul 20, 2017

Aberdeen-based Seacroft Marine Consultants said it has appointed Richard Pearce as Marine Engineering and Dynamic Positioning (DP) Manager, as the firm looks to develop more specialized offshore marine projects. Pearce brings to the role…

Solstad Farstad Sells 2010-Built AHTS

Jul 14, 2017

Solstad Farstad, which claimed to be the world’s largest OSV firm, has sold a relatively new AHTS vessel Far Shogun, since its formation last month following the mega-merger of three leading OSV companies in Norway. The 2010-built, 23,664…

Xodus wins Subsurface Contract with Cairn Oil and Gas in India

Jul 14, 2017

Xodus Group won a contract with Cairn Oil and Gas of Vedanta Ltd. to conduct exploration and appraisal work on its Rajasthan block in north-west India over the next two years. The first stage of the work will focus on delivering new drilling prospects and an exploration drilling plan…

BOURBON to Support World's First Autonomous OSV Project

Jul 11, 2017

BOURBON entered into a Memorandum of Understanding (MOU) with Automated Ships Ltd to support the building of the world’s first autonomous, fully-automated prototype vessel for offshore operations, in collaboration with the project’s primary technology partner…

Wood Group Bags Alexandroupolis FEED

Jun 27, 2017

Wood Group has secured a new front end engineering design (FEED) contract with Gastrade S.A. for the Alexandroupolis Independent Natural Gas System (INGS) offshore Greece. The project, to develop a floating liquefied natural gas (LNG) receiving…

Funding Secured for New UK Offshore Training Site

Jun 15, 2017

Trade representative body Mersey Maritime has praised the power of partnership as an agreement was signed at its Birkenhead headquarters June 14 to develop a brand new maritime and offshore training facility in the UK’s North WestInvestment…

BP in Talks with Sirius for Ororo Offtake

Jun 12, 2017

Nigeria's Sirius Petroleum has said that it is in talks with BP, regarding an offtake and pre-payment facility to support the financing of Sirius's proposed drilling programme on the Ororo field in Nigeria. According to the company, the…

Tradepoint Atlantic: Logistics for Offshore Wind Projects

May 12, 2017

Tradepoint Atlantic, a 3,100-acre multimodal global logistics center in Baltimore that features a combination of access to deepwater berths, railroads, highways and storage space, has issued a statement in connection with the Maryland PSC’s…

V.Group Announces New Leadership

May 11, 2017

Following the appointment of Chairman, John Pattullo and non-executive director Jesper Kjaedegaard on 9 March, V.Group has announced its decision to appoint a new CEO to start in Q4 2017.  This decision was taken jointly with Clive Richardson who has successfully led the company since 2009…

Merger: OEG Offshore, Paragon Industries

May 01, 2017

OEG Offshore, a global provider of cargo carrying units (CCUs) and A60 modules to the oil and gas industry, announced the merger of its U.S. business with Louisiana based cargo unit and logistics specialist Paragon Industries, Inc. The multimillion…

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