Offshore News


Exxon's Russian Oil Output Collapsed after Rejecting Local Tanker Insurance

Oct 17, 2022

Oil output at the giant Exxon-led Sakhalin-1 Russian Pacific project collapsed following the U.S. major's refusal to accept local insurance for tankers after Western insurers pulled out due to sanctions, several industry sources told Reuters…

Report: Reliance Industries' New FPSO in Collision Incident Off India

Oct 10, 2022

India-based Reliance Industries' recently delivered FPSO Ruby on Sunday collided ‘lightly’ with an accommodation barge offshore the east coast of India, India’s Economic Times reported on the same day.The news website cited a Reliance spokesperson…

MMA Offshore to Support Beach Energy Operations in Bass Strait, Australia

Oct 10, 2022

Australian offshore vessel owner MMA Offshore has secured a vessel contract with the oil and gas company Beach Energy.The MMA Coral will provide vessel support to Beach Energy’s two production platforms located in the Bass Strait, offshore Australia…

Strategic Marine Delivers Fast Crew Boat to Malaysia's Blue Petra

Oct 06, 2022

Singapore-based shipbuilder Strategic Marine has delivered a new 40-meter Fast Crew Boat (FCB) to Malaysia-based Blue Petra.Blue Petra is a subsidiary of Great Ocean, a licensed Petronas contractor and a supplier to the Malaysian oil and gas industry…

Maersk Training, NaMICPA to Set Up GWO Training Center in Nagasaki

Sep 29, 2022

Maersk Training and Nagasaki Marine Industry Cluster Promotion Association (NaMICPA) have signed a consultancy agreement, in which Maersk Training provides support to NaMICPA, establishing a training center in Nagasaki, Japan.  The preparations…

Petrofac Hires AHTS to Assist with Northern Endeavour FPSO Disconnection

Sep 27, 2022

Akastor's subsidiary DDW Offshore has won a one-year contract with Petrofac for the AHTS vessel Skandi Atlantic. The AHTS will support the disconnection of the FPSO 'Northern Endeavour' together with towing and well isolations work in the Laminaria Corallina oil fields in the West Timor Sea…

Uniwise Offshore Boosts OSV Fleet Cyber-Security with Inmarsat's Fleet Secure UTM

Sep 27, 2022

Uniwise Offshore, a Thailand-based offshore support vessel (OSV) company, has boosted cyber-security standards across its OSV fleet by adopting technology from Inmarsat, a mobile satellite communications specialist.'With reliable connectivity delivered by Inmarsat’s Fleet Xpress…

Marco Polo Marine to Build, Operate CSOV as Offshore Wind Industry 'Grapples with Shortage'

Sep 20, 2022

Singapore-listed firm Marco Polo Marine said Tuesday it planned to build, own and operate a new Commissioning Service Operation Vessel (CSOV) to meet the rising demand for support vessels required to service the booming offshore wind farm industry in Asia…

H₂ Hype or Practical Reality?

Sep 19, 2022

In the last few years, there’s been a proliferation of projects targeting the production of hydrogen. Its seen as one of the levers towards net zero and, more recently, a way to help underpin energy security, especially in Europe. Many think producing the stuff offshore is a big opportunity…

Jan De Nul's Newbuild Jack-up Voltaire Suffers 'Limited Damage' in China Typhoon

Sep 16, 2022

Offshore installation specialist Jan De Nul Group said Thursday that the shipyard in China where its flagship jack-up installation vessel Voltaire is being built, was hit by typhoon Muifa in China during the night of 14 to 15 September 2022…

BV Sees Surge in Decommissioning Support Orders. Beats Its Full Year Target

Sep 15, 2022

Bureau Veritas Solutions Marine & Offshore, the marine and offshore technical advisory branch of Bureau Veritas, saw a surge in the decommissioning support field orders in the first six months of 2022.The company said that new decommissioning support deals in the UK…

Wonder Reef: Where Engineering Meets Art, Subsea

Sep 15, 2022

Born from offshore engineering, the Wonder Reef literally came to life under the guise of Subcon Blue Solutions, large scale sculptural artist Daniel Templeman and the City of Gold Coast, Australia. Matt Allen, Director, Subcon Blue Solutions…

Floating Production Market Is Booming

Aug 30, 2022

The market for floating production systems is booming, according to World Energy Reports' (WER) latest assessment of activity and developments in the offshore oil and gas market.“Business conditions and market sentiment in the deepwater sector have seldom been so positive…

Shell, Unions Reach Deal to End Strike at Prelude FLNG

Aug 23, 2022

Shell and unions representing workers at its Prelude floating liquefied natural gas (FLNG) facility have reached a wage deal to end a long-running strike and restart production at the site off northwest Australia, they said on Wednesday.Shell shut the 3…

Japanese Firms Working on Ammonia Floating Storage & Regasification Barge

Aug 22, 2022

NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) have signed a joint research and development agreement for the commercialization of an ammonia floating storage and regasification barge (A-FSRB). Specifically, the…

Current News

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JERA Takes Delivery of First LNG Cargo from Australia's Barossa Gas Project

Inpex’s Ichthys LNG Strike Persists as Fair Work Hearing Gets Postponed

Oil Falls More Than 2% as US-Iran Tensions Ease

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Hormuz Reopening Could Trigger OPEC’s Next Big Challenge

EnQuest to Buy Malaysia Offshore Interests in $833M Deal

Oil Holds Steady as Markets Assess Renewed US-Iran Hostilities

ADNOC Looks to Canada for Upstream and LNG Growth Through XRG

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