The U.S. offshore wind industry is eying a brighter 2024, with work expected to start on several projects following a year marked by stalled developments and billions of dollars in write-offs.The offshore wind industry is expected to play a major role in helping several states and U…
Suncor Energy said that the Terra Nova Floating, Production, Storage and Offloading vessel has safely restarted following the completion of the Terra Nova Asset Life Extension project. Production is expected to ramp up over the coming months…
Oslo-listed offshore vessel owner Siem Offshore has signed a letter of intent with offshore services firm Helix Energy Solutions Group.The LOI is for a possible long-term extension of charter contracts for Siem Helix 1 and Siem Helix 2 well intervention vessels at improved day rates…
Norway-based offshore wind developer Deep Wind Offshore has entered a partnership with the hydrogen company Hy2gen to produce green hydrogen from offshore wind. 'The combination of offshore wind and hydrogen has massive potential. It is not possible to achieve net zero without green energy carriers…
Australian offshore vessel operator MMA Offshore has acquired the vessel “Offshore Solution” to supplement its multi-purpose support vessel fleet. The Offshore Solution is a 2016 European-built, 54-meter, DP-2 multi-purpose support vessel fitted with two deck cranes…
Malaysia's state-owned oil firm Petronas has discovered several oil-bearing layers in an exploration well off the coast of Suriname, state oil firm Staatsolie said in a statement on Thursday.Suriname's offshore exploration areas are adjacent to Guyana…
Classification society DNV has issued a statement of qualified technology to SBM Offshore for its carbon capture plant or CO2 capture solution for FPSOs developed in partnership with Mitsubishi Heavy Industries. The statement verifies that the…
Dutch firm SBM Offshore said Friday it had won contracts to perform front-end engineering and design (FEED) for a floating production, storage, and offloading vessel (FPSO) for the ExxonMobil-led Whiptail development project in Guyana.Following…
Norwegian Offshore Wind, a Norway-based representative offshore wind body, has signed two agreements in the Polish offshore wind market.At Baltexpo event, the Polish Offshore Wind Energy Society (PTMEW) signed a collaboration agreement with Norwegian Offshore Wind…
An arbitration tribunal has delivered a verdict in a drillship order cancellation case involving offshore drilling contractor Northern Drilling and Daweoo Shipbuilding Marine and Engineering (now known as Hanwha Ocean), ruling in favor of Hanwha…
Community Offshore Wind is the first offshore wind developer to sign a cooperative research and development agreement with the National Oceanic and Atmospheric Administration (NOAA).Community Offshore Wind, a joint venture between RWE and National Grid Ventures…
Norwegian offshore vessel owner Siem Offshore has been awarded a contract extension for the multi-purpose support vessel Siem Dorado.The contract extension secures utilization for a period reaching towards the end of Q2 2024.The contract is…
The Norwegian offshore vessel Siem Offshore said Monday it had secured a contract extension for the AHTS Siem Topaz with a local client in Taiwan. The contract will start in direct continuation of the current contract, for a firm period reaching into Q4 2024…
Deep Wind Offshore, a Norwegian offshore wind developer, said Thursday that that Octopus Energy would become a co-owner of the company together with the existing industrial owners Knutsen OAS, Haugaland Kraft, and Sunnhordland Kraftlag.Deep Wind Offshore…
The JOIDES Resolution embarks on Expedition 395 to understand the impacts of mantle plumes on deep ocean currentsThe world’s oceans, still largely unexplored, remain a treasure trove for scientists and researchers alike. Physical, chemical and…
