Offshore News


Svitzer Nets 10-Year Deal for Towing Services at Offshore LNG Terminal in the Philippines

Jul 21, 2021

Maersk's Svitzer, a maritime towage provider, has recently signed a 10-year deal with FGEN LNG, a First Gen subsidiary, for towage and other vessel support services required by FGEN LNG’s Offshore LNG Terminal in the Philippines.The LNG Terminal…

Japan's JFE to Invest $363,3M in New Offshore Wind Monopile Plants

Jul 21, 2021

Japan's JFE Engineering Corporation is set to build a factory for the construction of monopile foundations and transition pieces for the offshore wind industry. The company also has plans to build jacket-type foundations in the future.'The monopile…

Solstad Offshore Nets Medium-term Deals for Offshore Construction Vessel Duo

Jul 21, 2021

Norwegian offshore vessel owner Solstad Offshore said Tuesday it had secured two contracts for its large construction vessels.The medium-term contracts are for the vessels Normand Navigator and Normand Frontier.The Normand Navigator, a 142,6 meters long vessel built in 2015…

Buyers Reportedly Line-up for a Crack at Seadrill

Jul 20, 2021

Noble Corp and a consortium that includes Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd, the bankrupt offshore oil driller controlled by Norwegian-born tycoon John Fredriksen, people familiar with the matter said on Tuesday…

South Korean Shipbuilder Eyes Floating Wind Opportunities

Jul 20, 2021

South Korean shipbuilder Samsung Heavy Industries is joining the offshore wind industry through the development of an independent offshore wind floater model able to operate in extreme marine environments.The company said Monday it had received Approval in Principle (AiP) for its 9…

Shell to Supply PetroChina with Carbon Neutral LNG

Jul 12, 2021

Oil major Shell has signed a five-year contract with PetroChina to supply the Chinese company with carbon-neutral liquefied natural gas (LNG) cargos, Shell said on Monday.Many companies, particularly those in the fossil fuel industry are using…

Solstad Secures Contracts for Several PSVs, Anchor Handlers

Jul 07, 2021

Norwegian offshore vessel owner Solstad Offshore said Wednesday it had won multiple vessel contracts and extensions, with a duration of the contracts of around 1,000 vessel days in total.Solstad's platform supply vessel Normand Leader has been contracted to support a project offshore Australia…

Strategic Marine Delivers Centus Nine Fast Crew Boat to Centus Marine

Jul 06, 2021

Singapore's Strategic Marine has delivered a 42-meter Fast Crew Boat (FCB) for Centus Marine Sdn Bhd.   The handover ceremony for the first of a pair of FCB's took place on June 24, 2021 at Strategic Marine’s Singapore shipyard.The vessel, named Centus Nine…

Yinson, PTSC Add Another Year to PTSC Lam Son FPSO Contract

Jul 02, 2021

Malaysian FPSO provider Yinson has secured a contract extension for the PTSC Lam Son FPSO in Vietnam with Vietnam's PTSC AP.The 243 meters long Lam Son FPSO, able to produce 15,000-20,000 barrels of oil per day (bopd), with a storage capacity of up to 650…

Saipem Charters Ultra-deepwater Drillship from Samsung Heavy Industries

Jun 29, 2021

Italian oilfield services giant Saipem has chartered a newbuild drillship directly from South Korea's Samsung Heavy Industries shipyard.Saipem expects the drillship - named Samsung Santorini - to be delivered in November 2021, when the Italian…

Keppel, Sembcorp Marine in Talks to Merge Offshore and Marine Units

Jun 24, 2021

Temasek-backed Singapore conglomerate Keppel Corp and smaller rival Sembcorp Marine are exploring a potential tie-up which would see them combine their struggling offshore and marine (O&M) businesses after years of losses in an industry downturn…

Taiwan: Refiner CPC Cleaning Up Offshore Oil Spill

Jun 23, 2021

Taiwan's state-owned refiner CPC Corp has started cleaning up an offshore oil spill caused by a pipeline that cracked during the discharging of oil from a vessel at its Talin refinery, the company's spokesman said on Wednesday.The oil leak occurred on Tuesday at 2:18 a…

As Big Oil Pushes into Offshore Wind, Seabed Lease Prices Will Rise

Jun 21, 2021

The world's largest offshore wind developer Orsted is concerned that Big Oil's eagerness to harness wind at sea could push up prices for seabed leases, making the technology less competitive, its chief executive told Reuters.European oil firms including Total…

Odfjell’s WindGrid Floating Wind System Passes Milestone, Aims to Help O&G cut Emissions

Jun 21, 2021

DNV completed a concept verification review of Odfjell Oceanwind’s WindGrid (WindGrid) system for Mobile Offshore Wind Units (MOWUs). DNV’s review confirms the technical feasibility of the WindGrid system, and that expected reductions in CO2…

Need a Survey? There’s a USV for That

Jun 09, 2021

While the adoption of unmanned/uncrewed surfaces vessels (USVs) was initially in defence, use of these low footprint systems has spread into other sectors, not least survey, and now the race is on for greater capability, endurance and autonomy…

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