Offshore News


Chevron Books Edda Fides Accommodation Vessel for Wheatstone Work

Oct 20, 2021

Oil and gas company Chevron has chartered Edda Accommodation's Edda Fides offshore accommodation unit for operations support in Australia, starting in the second quarter of 2022.Currently on a charter with Norway's Equinor, mono-hull vessel…

Mermaid Subsea Services Buys 50% Stake in Offshore Construction Vessel Millennium 3

Oct 18, 2021

Thai-based offshore services company Mermaid Subsea Services has agreed to buy a 50% ownership share in the Millennium 3 offshore construction vessel from PT David Marine for $16 million.The Millennium 3 is a DP2 construction support vessel…

"THE RIG" - Saudi Arabia Launches Offshore Platform Inspired Tourism & Entertainment Project

Oct 17, 2021

Saudi Arabia's sovereign wealth fund, the Public Investment Fund, announced on Saturday the launch of 'THE RIG', which it said would be the world's first tourism destination on offshore platforms.The fund, the engine of Crown Prince Mohammed…

Semco, PTSC M&C JV to Delivers Substations for Hai Long Offshore Wind Projects

Oct 12, 2021

Semco Maritime and PTSC M&C consortium has been selected by Hai Long Offshore Wind Project in Taiwan as the Preferred Supplier for two offshore substations for the Hai Long 2 and Hai Long 3 offshore wind projects.The projects will be established…

Lebanon Can't Dictate Terms in Sea Border Talks, Israel's Energy Minister Says

Oct 05, 2021

Israel is ready to renew efforts to solve its dispute with Lebanon over the delineation of their territorial waters in the Mediterranean, but it will not accept that Beirut dictates the terms of the negotiation, its energy minister said on Tuesday…

Offshore Wind: Japanese Firms KCS, MOL In Cable Laying Collab

Oct 01, 2021

Japanese subsea cable laying firm Kokusai Cable Ship (KCS) and the shipping giant Mitsui O.S.K. Lines (MOL) have signed an agreement to collaborate on the operation of cable-laying ships to meet the increasing demand for the installation of power cables…

Qatar Strikes Long-Term LNG Supply Deal with China's CNOOC

Sep 30, 2021

Qatar Petroleum has signed a long-term LNG sales deal with China's CNOOC Gas and Power Trading & Marketing Limited, a subsidiary of China National Offshore Oil Corporation (CNOOC).QP will supply of 3.5 million tons per annum (MTPA) of LNG to CNOOC over a 15-year period starting January 2022…

BW Offshore Orders VIKING Lifeboats for Australia-bound FPSO

Sep 28, 2021

Offshore safety equipment provider VIKING has said it has won a contract with FPSO supplier BW Offshore to deliver has selected VIKING Norsafe free-fall lifeboats, daughter craft, and davits for a large FPSO project which will operate off northern Australia…

Offshore Wind: High Tien Offshore to Acquire Taiwan's First Cable Laying Vessel

Sep 20, 2021

Taiwan-based offshore engineering company High Tien Offshore Engineering has said it will invest into and own the first Taiwanese large Cable Laying Vessel (CLV) to support Taiwan's growing offshore wind ambitions.The company said that the vessel…

DOF Subsea Secures Work on Several Offshore Campaigns in Asia Pacific

Aug 23, 2021

Norwegian subsea support vessel operator said DOF Subsea said Monday it had won several contracts awards in the Asia Pacific region.According to DOF Subsea, the contracts provide 'significant' utilization for resources and vessels in Q3 and…

Santos Selects Altera for Dorado FPSO FEED

Aug 23, 2021

Australian oil and gas company Santos has awarded the FEED contract for the FPSO for the Dorado project offshore W. Australia to Altera Infrastructure.Located in the Bedout Sub-basin, Dorado is an oil and gas project which is planned to be developed in two phases…

Cenertech's New FPSO to be Built to ABS Class

Aug 18, 2021

ABS said Wednesday that the new FPSO ordered by China National Offshore Oil Company Energy and Technology Services  Company (Cenertech) to serve the Lu Feng 12-3 Oilfield would be built to ABS Class.The 100,000 DWT FPSO is the center of a development…

Sakhalin Energy: Maintenance Continues at LNG Train 2

Aug 18, 2021

Russian liquefied natural gas producer (LNG) Sakhalin Energy said on Wednesday post-shutdown commissioning was continuing at the second LNG train at its Prigorodnoye production complex.Comprehensive maintenance work, which began on July 9, had been initially due to last around 37 days…

LS Cable & System to Buy 'Largest' Cable Laying Barge in South Korea

Aug 11, 2021

South Korean subsea cable firm LS Cable & System said Wednesday it would soon acquire the largest submarine cable laying barge in Korea, targeting offshore wind opportunities.'LS Cable & System is planning to strengthen its position in the submarine…

Oil Slides 4% on China Virus Curbs, Climate Warning

Aug 09, 2021

Oil prices fell by 4% on Monday, extending last week's steep losses on the back of a rising U.S. dollar and concerns that new coronavirus-related restrictions in Asia, especially China, could slow a global recovery in fuel demand.A United Nations…

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Hormuz Reopening Could Trigger OPEC’s Next Big Challenge

EnQuest to Buy Malaysia Offshore Interests in $833M Deal

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ADNOC Looks to Canada for Upstream and LNG Growth Through XRG

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