On the back of a recent deal struck by Norway's Kongsberg Maritime to supply turnkey hybrid battery solutions for three of Island Offshore's platform supply vessels, Offshore Engineer has interviewed Geir Oscar Løseth, Kongsberg Maritime's General Manager Sales…
Danish offshore wind farm developer Ørsted on Tuesday said it would develop South Korean offshore wind projects with a potential capacity of up to 1.6GW off the coast of Incheon City. Ørsted said its projects in Incheon could provide clean energy to 1…
Japanese oil firm Cosmo Energy Holdings on Thursday cut its net profit estimate for the year to March 31 by 41%, blaming a hefty appraisal loss on its crude inventories and slumping prices of petrochemicals.It now forecasts an annual net profit of 8…
Insights on innovative power products upgrades that could be used to keep offshore operations moving along effectively, efficiently.Maersk Supply Service/Orsted power buoysDanish offshore vessel firm Maersk Supply Service and its compatriot offshore wind developer Ørsted…
Australian offshore vessel operator MMA Offshore has secured vessel charter extensions with Woodside Energy.The contracts are for two of MMA Offshore vessels and will run until March 2022.'These extensions increase the Company’s contracted revenue…
Dutch crane specialist Huisman has lifted the first batch of offshore wind monopiles with its 2,600mt Skyhook quayside crane at its facility in China. The monopiles with a length of approximately 100m have a weight of approx. 1,700mt excluding rigging…
French oil giant Total and Macquarie’s Green Investment Group (GIG) are forming a joint venture to develop a portfolio of 5 large floating offshore wind projects in South Korea with a potential cumulated capacity of more than 2 gigawatts (GW)…
Australian oil company Beach Energy has signed a new contract with drilling company Diamond Offshore for the use of the Ocean Onyx semi-submersible drilling rig.The news comes after Beach in April terminated the previously signed contract for the rig…
Offshore installation contractor Jan De Nul has shared that the very first jacket foundations have been installed in Taiwanese waters for the TPC offshore wind farm.Jan De Nul last week said that a total of nine jacket foundations, weighing approximately 1…
Norwegian offshore vessel owner Solstad Offshore has secured more work for three of its offshore vessels in Australia, following a recently announced deal with BP.As previously reported, Solstad offshore earlier in August said BP would use two…
LR has appointed Mike Holliday as Marine & Offshore president for South Asia, the Middle East, and Africa (SAMEA).In his new role, Holliday will lead LR’s Marine and Offshore operations across SAMEA, primarily based in Singapore, and be responsible…
UK-based energy consultancy Xodus Group has partnered up Japanese consultancy E&E Solutions to deliver advice and analysis for the developing offshore wind market in Japan.E&E Solutions has the local market knowledge, including an extensive…
South Korea's SK Innovation has taken over operatorship over the Block 16-2 offshore Vietnam.PetroVietnam Exploration Production Corporation (PVEP) said Thursday that the signing ceremony had been held in Hanoi on Tuesday, July 21.The offshore…
Dutch offshore services provider OOS International has joined an offshore decommissioning consortium created by Lloyd’s Register and Worley, in a push to drive down the costs of offshore decommissioning.'Decommissioning, for many, remains an uncertain cost burden…
Offshore wind currently represents just a small piece of the world’s energy supply. But that’s changing faster than ever before as new and existing players look to tap the huge resource potential—and market opportunities—being unlocked by shrinking costs and technological advances…
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