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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…

MODEC Confirms Bacalhau FPSO Order

Jun 03, 2021

Japanese FPSO specialist MODEC has been awarded the contract for the delivery of an FPSO unit for Equinor's Bacalhau development.The EPCI contract award follows the final investment decision for the development of the field, announced by Equinor and its partners Tuesday…

Rescuers Searching for 49 Missing after Cyclone Sinks Oilfield Barge Offshore India

May 20, 2021

Naval vessels and aircraft scoured the waters off India's west coast late on Wednesday after the most powerful cyclone in more than two decades battered the region, sinking an oilfield accommodation barge and killing 26 aboard, authorities said…

Bumi Armada, Shapoorji Pallonji JV to Set Up FSRU in Mumbai Harbour

May 19, 2021

Through a joint venture firm with Shapoorji Pallonji, Malaysian floating production vessel company Bumi Armada has struck a deal to set up and operate a floating storage regasification unit (FSRU) in Mumbai Harbour.SP Armada Clean Energy Ventures Private Limited (SPACEVPL)…

Fourteen Die Offshore India After Barge Sinks as Cyclone Batters West Coast

May 19, 2021

Fourteen people have died as a barge sank off India's west coast after a powerful cyclone barrelled into the country, authorities said on Wednesday, while Indian navy ships and aircraft scoured waters to locate scores of other missing personnel…

Search Underway for 77 Offshore Workers Missing from Barge Sunk by Cyclone

May 19, 2021

Indian navy ships and aircraft scoured waters off the financial capital Mumbai on Wednesday for 77 workers missing from a barge that sank after a powerful cyclone barrelled into the country's west coast this week.Driving waves of up to 25 feet on the high seas…

Cyclone Tauktae: Rescue Op Launched for 81 Offshore Oil Workers after Barge Sinks off Mumbai

May 18, 2021

The Indian Navy mounted a massive air and sea rescue mission on Tuesday for 81 missing oil workers and crew whose barge sank in heavy seas following a powerful cyclone that tore up the west coast of the country.Around 180 of those on board the barge were rescued from the water as it sank off Mumbai…

Northern Offshore Services Takes NYK's CTV on Ten-year Charter

May 06, 2021

Northern Offshore Services has taken NYK's crew transfer vessel Energizer on a ten-year charter. The vessel will be used to transfer crews to offshore wind farms, mainly in Europe.Japan's NYK, which shared the charter news on Thursday, also…

Offshore Incident: Velesto's Jack-Up Rig Tilts, Submerges Off Sarawak, Malaysia

May 04, 2021

A jack-up rig owned by Malaysian drilling contractor Velesto tilted and submerged at a location offshore Sarawak, Malaysia on Tuesday, the rig owner said.'The Board of Directors of Velesto Energy Berhad [...] regrets to inform that an incident involving one of our rigs…

Market Signals Fast Rebound in Floating Production Orders

Apr 28, 2021

The deepwater market is rapidly returning to pre-COVID-19 activity levels, and the recovery appears to be gaining strength, according to a recent in-depth analysis completed by International Maritime Associates (IMA) and World Energy Reports (WER)…

Abu Dhabi: OFCO, Mammoet Pen Collaboration Agreement

Apr 19, 2021

Abu Dhabi Ports’ recently formed offshore logistics service provider, Offshore Support and Logistics Services Company (OFCO) has signed a collaboration deal with heavy lifting and transport services company Mammoet.'The integrated maritime logistics service provider OFCO…

Clean Crude? Oil Companies use Offsets to Claim Green Barrels

Apr 16, 2021

In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.While the two-million-barrel cargo to India was destined to produce more…

Floating Production Systems Market Bounces Back on Recovering Oil Prices

Apr 02, 2021

Orders for production floaters have bounced back over the past month driven by rising crude prices, according to Jim McCaul, head of offshore business intelligence firm World Energy Reports.McCaul bases his assessment on data in a new floating…

Gulf Marine Services Strikes New Debt Deal with Banks

Apr 01, 2021

Gulf Marine Services, a UAE-based provider of self-propelled, self-elevating support vessels serving the offshore oil, gas, and renewables industries, has struck a deal with banks to reduce the interest rate on its loan.'Under the revised agreement…

Current News

China Looks to Lock in US LNG as Energy Crunch Raises Concerns

China Looks to Lock in US LNG as Energy Crunch Raises Concerns

New Kupe Compressor to 'Allow Us to Suck Harder on the Straw,' NZOG CEO Says

New Kupe Compressor to 'Allow Us to Suck Harder on the Straw,' NZOG CEO Says

Oil Prices Hit a Fresh Three-year High on Supply Deficit Concerns

Oil Prices Hit a Fresh Three-year High on Supply Deficit Concerns

Bounty Farms Into Coastal's Cerberus Project, Off W. Australia. Drilling Planned for 2022

Bounty Farms Into Coastal's Cerberus Project, Off W. Australia. Drilling Planned for 2022

Wearing Men's PPE Puts Women Working Offshore at Risk, Red Wing Says

Wearing Men's PPE Puts Women Working Offshore at Risk, Red Wing Says

Oil Rises on IEA Demand Forecast

Oil Rises on IEA Demand Forecast

BP to Buy All Oil Produced from Cliff Head Offshore Field (Australia)

BP to Buy All Oil Produced from Cliff Head Offshore Field (Australia)
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