China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production from the Wenchang 16-2 oil field development project in the northern part of South China Sea.The project is located in the western Pearl River Mouth Basin, with an average water depth of approximately 150 meters.The development of the project mainly leverages the adjacent existing facilities of the Wenchang oil fields…
Offshore vessel operator Astro Offshore, an Adani Group company, has acquired two modern platform supply vessels (PSVs) and entered the West African market, expanding its global footprint.The vessels, Astro Rastaban (built 2020) and Astro Rigel (built 2023)…
Offshore accommodation firm Prosafe has informed its current chief executive officer (CEO) Terje Askvig resigned from the position.Prosafe appointed Reese McNeel as interim-CEO, the current chief financial officer (CFO).Terje Askvig will step from his position on September 1…
Offshore vessel operator Nortrans, in partnership with Temile Development Company, has secured a contract for one of its flotels to support operations at Shell’s deepwater asset offshore Nigeria.Nortrans and Temile Development Company secured…
Seabound has been awarded USD$1.48 million (£1.1 million) through Round 6 of the UK Government’s Clean Maritime Demonstration Competition (CMDC6). The funding will support a first-of-a-kind project between Seabound, STAX Engineering, and Associated…
Brazil's Transpetro, the logistics subsidiary of state-run oil firm Petrobras, is set to relaunch a tender for building barges after low interest in a May bidding process, Transpetro Chief Executive Sergio Bacci said on Tuesday.In May the firm…
The tow and barge industry is, to put it kindly, a conservative industry built on a traditional way of doing things. But times are changing, and the need for digital solutions to help track and verify cargoes – particularly in the high-value energy market – is becoming mandatory…
Germany’s largest utility RWE and U.K.’s largest shipowner-operator North Start have signed long-term agreements for next-generation service operation vessels (SOVs) to maintain RWE’s growing offshore wind fleet.The companies have agreed that RWE will charter two SOVs…
French subsea power cable maker and services provider Nexans has formed partnership with Crowley Wind Services to develop and operate a Jones Act compliant cable lay barge. The cable lay barge will be dedicated to supporting the installation…
Malaysia-based offshore services firm Sapura Energy has secured two contracts from its long-term clients Chevron and PTT Exploration and Production Public Company (PTTEP) for offshore work in Thailand, worth over $118 million.The contracts were…
Houston-based designer of mobile offshore drilling units Friede & Goldman (F&G) has signed an engineering agreement with Peak Ocean Offshore, a specialist in offshore asset conversion and lifecycle optimization, for the design and engineering…
Bibby Marine has laid the keel for its 6,700GT electric Commissioning Service Operation Vessel (eCSOV) at the Armon Shipyard in Spain, marking the start of construction for the first of its kind hybrid-powered vessel that will operate on zero-emissions…
Dutch offshore contractor Marine Masters has completed its offshore scope for the decommissioning of the South Angsi Alpha (SAA) platform, operated by Hibiscus Oil & Gas Malaysia, marking a major milestone in the repurposing of retired offshore infrastructure…
Taihan’s cable laying vessel (CLV), PALOS, has successfully completed the installation of export cables for the 364.8 MW Yeonggwang Nakwol offshore wind farm in South Korea.The project, being developed Nakwol Blue Heart, is located near Songido…
Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, storage and offloading (FPSO) units to Petrobras.The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard…
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