Valaris Bags Drilling Contracts in Brazil, U.S. GoM, and UK North Sea

Offshore drilling firm Valaris said Friday it had recently secured contracts and extensions for its offshore drilling rigs in Brazil, the U.S. Gulf of Mexico, and the UK North Sea. In Brazil, French oil company TotalEnergies exercised an extension option for the VALARIS DS-15 drillship. With this extension, the GustoMSC P10000-design drillship is expected to remain busy until December 2023.... Continue Reading →

Marco Polo Marine Partners Up with S. Korean Firms for Offshore Wind Work

Marco Polo Marine, a Singapore-listed offshore vessel company, has entered the South Korean market with a "landmark" Memorandum of Understanding signed with South Korean companies Namsung Shipping Co., Ltd. and HA Energy Co., Ltd. (“HA-E”). Under the MoU, the companies have committed "to jointly pursue synergistic offshore wind vessel operations in South Korea." South Korea’s... Continue Reading →

TenneT, Petrofac, Hitachi Energy Pen Deals for 2GW Offshore Converter Stations

(OED) Today Dutch-German transmission system operator TenneT has signed deals with Hitachi Energy and Petrofac for early works in support of TenneT’s 2GW Program.  The companies will start preparatory work and detailed engineering to ensure timely delivery of the first two Dutch offshore converter stations for TenneT’s high voltage direct current (HVDC) offshore wind grid... Continue Reading →

Vessel Retrofits Could Accelerate U.S. Offshore Wind Development

The US Administration’s strategy to fast-track offshore wind development is exciting for overseas shipbuilders and service providers in the field. Joint ventures meeting Jones Act requirements will support accelerating development. Some question, however, whether ambitious 2030 targets can actually be achieved. Ulstein group is a front runner. The Norwegian-based company has already provided the design... Continue Reading →

CHC helicopter operator lands new million-dollar deals with Brazilian oil & gas giant

Brazilian state-owned energy giant Petrobras has awarded several new contracts to CHC do Brasil, part of CHC Helicopters, for offshore transport services in Brazil. CHC revealed on Friday that it has signed five exclusive contracts with Petrobras, valued in millions. However, the firm did not disclose the exact value of these agreements, which have been secured for offshore transportation of... Continue Reading →

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