Offshore Energy News

 

Kvaerner Bags Two Contracts for Disposal of Platforms

Feb 09, 2018

Kvaerner has entered into an agreement with Allseas for the recycling of the topside and bridge of the 36-year-old Valhall QP platform when Allseas removes this installation for operator Aker BP in 2019. The structures will be deconstructed during winter 2019 and spring 2020…

DNV GL Advised Partners Group on Offshore Wind Project

Feb 07, 2018

DNV GL, the world’s largest resource of independent energy experts and certification body, has successfully completed a comprehensive due diligence project on the 730 MW Borssele III/IV construction-ready offshore wind project in the Netherlands…

GC Rieber Bags 3 Year TC for Polar Onyx

Feb 02, 2018

Norwegian offshore shipowner  GC Rieber Shipping has entered into a time charter agreement with Deepocean BV for the SURF vessel Polar Onyx for a fixed period of three years with options to extend by up to two years. The Polar Onyx will…

Subsea 7 Bags Contracts Offshore Norway

Jan 24, 2018

Subsea 7 S.A. said it was awarded a contract from Statoil for the Johan Castberg field development, located 240 km from Hammerfest in Norway.The contract comprises the design, coating, fabrication and installation of a 53 km rigid flowline including 34 km of pipe-in-pipe flowline…

Maersk Drilling Axes Dozens of Staff

Jan 24, 2018

Maersk Drilling USA is laying off 84 employees who work aboard the Maersk Viking (UDW drillship), located in the Gulf of Mexico, and report directly to the company’s office in Houston, Houston Chronicle reported quoting data sent to the Texas Workforce Commission (TWC)…

HFG Awarded Offshore Platform Contract

Jan 23, 2018

Tulip Oil Netherlands Offshore B.V. has awarded Heerema Fabrication Group (HFG) an Engineering, Procurement, Construction and Installation (EPCI) contract for the Q10-A unmanned offshore platform. Koos-Jan van Brouwershaven, CEO of Heerema Fabrication Group…

Emas Offshore CEO Capt. Adarash Kumar Resigns

Jan 21, 2018

Singapore-based Emas Offshore announced that CEO and Executive Director Capt. Adarash Kumar has tendered his resignation and his last day of service will be on April 6, 2018. In a stock exchange filing, the operating brand for Ezra Holdings…

Keppel Explores Sale of Jack-up Rigs to Borr Drilling

Jan 21, 2018

Singapore yard Keppel Corporation is considering a sale of jack-up rigs to Norwegian offshore drilling contractor Borr Drilling, reports The Business Times. The world’s biggest builder of oil rigs is seeking to offload six jack-up rigs for…

Maersk Supply Service Wins Contract With Quadrant Energy

Jan 17, 2018

Maersk Master and Maersk Mariner, Maersk Supply Service’s two first Starfish-class anchor handling vessels built in 2017, will be on contract with Quadrant Energy in Western Australia, commencing March 2018. Both vessels will support Quadrant…

Shell Announces Plan for Penguins Filed Redevelopment

Jan 15, 2018

Shell announced the final investment decision for the Penguins field redevelopment project in the U.K. sector, which includes the construction of a new-build Sevan Marine designed cylindrical floating production, storage and offloading (FPSO) vessel…

Four Japanese Companies Join Modec in Sepia FPSO Deal

Jan 09, 2018

Four Japanese companies will invest in a new company established by compatriot Modec with an aim to provide a floating, production, storage and offloading (FPSO) unit for the Petrobras-operated Sepia field offshore Brazil.  'MODEC, Mitsui…

Eidesvik Scores Work for Two Vessels

Jan 08, 2018

Norwegian shipping company Eidesvik Offshore ASA  has signed a letter of intent (LoI) with Seabed Geosolution for the use of  two vessels. Contract commencement are ultimo January to primo February and the duration is expected to last for the remaining part of 2018…

BW Offshore Gets Contract Extension for FPSO Polvo

Jan 07, 2018

BW Offshore has signed an agreement with Petrorio for a one-year extension for the lease and operation of the FPSO Polvo. The firm period has been extended to Q3 2019 (from Q3 2018), with options until Q3 2022. The company has also announced…

Total Extends Energy Scout PSV Contract

Jan 01, 2018

Norwegian shipowner Golden Energy Offshore Services has been awarded a contract extension for one of its platform supply vessels with Total in Nigeria.  The company announced end of June 2017 to have entered into a contract with Total E&P…

Pankaj Khanna Appointed As CEO of Ocean Rig

Dec 31, 2017

Pankaj Khanna has been appointed as President and Chief Executive Officer of Ocean Rig UDW, a global provider of offshore deepwater drilling services,  effective January 1, 2018.  Khanna is 47 years old with 29 years of varied experience in the maritime & offshore industry…

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CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

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