SeaTech to Design Semi-submersible Platform for Seawind’s Offshore Wind Floater

(OE) SeaTech Solutions International and Seawind Ocean Technology Holding have partnered up to develop semi-submersible floating platforms customized for Seawind’s construction and assembly requirements for its integrated floating offshore wind turbines. "The semi-submersible floating platforms are a key component in Seawind’s integrated approach to construct the concrete floating foundations and subsequently lift and assemble the... Continue Reading →

May 17, 2022 0

VIDEO: Anchors and Mooring Lines in Place for Saitec’s DemoSATH Floater

Danish offshore vessel company Maersk Supply Service has installed six mooring lines and six anchors for the DemoSATH floating wind project at the BIMEP open sea test site in the Biscay Bay off the coast of Armintza, Spain. SATH Technology is based on a concrete platform concept with a plug-and-play Single Point Mooring, the same... Continue Reading →

May 17, 2022 0

Maersk rig kicks off four-well Karoon intervention campaign in Brazil

Australian oil and gas company Karoon Energy has started its intervention campaign on the Baúna field, located offshore Brazil, using a Maersk Drilling-owned semi-submersible rig. After this campaign, the rig is scheduled for work on two more fields for Karoon. Karoon reported on Monday that its contract with Maersk Drilling for the Baúna intervention campaign... Continue Reading →

May 17, 2022 0

Equinor, Exxon Agree to Expand Brazil Offshore Oil Ops

(Reuters) Equinor and Exxon Mobil Corp have taken the first steps to expand an $8 billion oil development off Brazil's coast, the Norwegian oil producer told Reuters. The firms want to boost future production from the Bacalhau oil field, Equinor's largest project outside of Norway with more than 1 billion barrels of oil, the company said. A... Continue Reading →

May 17, 2022 0

BW Ideol, Tohoku Electric Power form Japanese floating wind venture

BW Ideol and Tohoku Electric Power have initiated feasibility studies for a joint development of a commercial-scale floating offshore wind farm offshore Kuji City in Japan’s Iwate prefecture. The development will feature BW Ideol’s Damping Pool technology. The two companies will pursue early commercialization of cost-competitive floating offshore wind power in Japan through this venture,... Continue Reading →

May 16, 2022 0

DOF Wins $260M in AHTS, ROV Deals with Petrobras in Brazil

Oslo-listed offshore vessel operator DOF has, through its Brazilian subsidiaries, won new long-term charter and service contracts with Petrobras for four AHTS vessels and ROVs. The vessels, Skandi Angra, Skandi Paraty, Skandi Urca, and Skandi Fluminense, (AHTS 18000 class), currently operating for Petrobras and equipped with DOF Subsea's work class ROVs, have been contracted for... Continue Reading →

May 16, 2022 0

As recovery moves forward, revenues go up for Vantage

As the offshore drilling market continues to improve, rig owner Vantage Drilling managed to reduce its net loss in the first quarter of 2022 on the back of higher revenues driven by better utilisation rates compared to the same period of 2021. Vantage Drilling on Monday reported a net loss attributable to controlling interest of... Continue Reading →

May 16, 2022 0

TotalEnergies reports indications of oil and gas in block in the Campos Basin

(PN)French company TotalEnergies notified the National Petroleum Agency (ANP) that it found evidence of oil and gas in block C-M-541, in well 1-TOT-2-RJS, in a water depth of 3,000 meters, in the Campos Basin. The drilling of the well Marolo-1 began at the end of last year. The activity was carried out by the Valaris... Continue Reading →

May 13, 2022 0

SBM Offshore First Quarter 2022 Update

Highlights Year-to-date Directional1 revenue of US$970 million, in line with expectationFull year 2022 Revenue and EBITDA guidance maintainedCash dividend of US$1 per ordinary share paid, 13% year-on-year increase and representing c. 7% yield2FPSO Liza Unity delivered on time and on budgetFPSO ONE GUYANA award confirmed, to be added to the backlog Financial Overview YTD Directional in... Continue Reading →

May 12, 2022 0

Edison Chouest Offshore to Provide SOV for U.S. Offshore Wind Farm Owned by Equinor, BP

Empire Offshore Wind, a joint venture between Equinor and BP, has awarded Edison Chouest Offshore (ECO) a long-term service operations vessel charter. The vessel will service the Empire Wind offshore wind farm project located 15-30 miles southeast of Long Island. Edison Chouest Offshore's plug-in hybrid service operations vessel (SOV) will be the first in the... Continue Reading →

May 12, 2022 0