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TechnipFMC Wins Subsea Contract Offshore China

May 31, 2018

TechnipFMC said it has been awarded a subsea contract by CNOOC Limited for the Liuhua 16-2, 20-2 and 21-2 Oilfield Joint Development Project in the South China Sea, at water depths ranging from 380 to 430 meters.The contract covers the engineering…

ABB to Equip High-spec Vessel for Largest Offshore Wind Farm

May 30, 2018

ABB technology allowing integration of batteries receives major vote of confidence as Louis Dreyfus Armateurs orders second wind farm service vessel featuring a wide scope of ABB’s solutions.Maritime transportation group Louis Dreyfus Armateurs…

Van Oord Wins Taiwanese Offshore Wind Contract

May 30, 2018

Dutch marine contractor Van Oord said on Wednesday it had won a 500 million euros ($579 million) contract to build a 640 megawatt (MW) offshore wind farm in Taiwan.Van Oord will design, manufacture and install the eighty foundations for the wind farm…

Refit for Jack-up at Damen Verolme Rotterdam

May 29, 2018

Damen Verolme Rotterdam (DVR)  completed a refit project on the MPI Enterprise, a 120-metre, self-elevating, DP2, wind turbine installation vessel owned and operated by MPI Offshore, part of the Vroon Group.  The works included the installation of spudcans on her four-legged jacking system…

FPSO at Jubilee Oil Field to Close for Fix

May 21, 2018

The production vessel at Tullow's flagship Jubilee oilfield off Ghana's west coast will shut down next week for 21 days while it undergoes repairs, the country's power utilities said on Monday.The planned shutdown next Monday of the Kwame Nkrumah production vessel…

New Water Booster Pumps for Polvo FPSO

May 17, 2018

As part of the life extension project for the Polvo Floating production storage and offloading (FPSO) vessel, operator BW Offshore has contracted Norwegian based liquid handling and pump specialist PG Flow Solutions to supply new water booster pumps…

Rosneft: South China Sea Drilling is Within Vietnam Waters

May 17, 2018

Drilling in the South China Sea by Rosneft is within Vietnamese territorial waters, the Russian state oil firm said in a statement on Thursday, two days after its Vietnamese subsidiary began drilling in Vietnamese waters claimed by China.Rosneft's local unit…

Statoil to Become Equinor, Dropping 'Oil'

May 15, 2018

Shareholders in Norway's largest company, Statoil, will approve on Tuesday the board's proposal to drop 'oil' from its name as its seeks to diversify its business and attract young talent concerned about fossil fuels' impact on climate change…

Petrojarl I FPSO Begins Working its 10th Field

May 10, 2018

Teekay’s three-decades-old floating production, storage and offloading (FPSO) Petrojarl I has achieved first oil and commenced its five-year charter contract with a consortium led by Queiroz Galvão Exploração e Produção SA (QGEP) on the Atlanta oilfield…

Maersk Likely to Shelve Plans to List Drilling Division

May 09, 2018

Shipping group A.P. Moller-Maersk is likely to shelve plans to list its struggling offshore drilling division because of weak market conditions, according to five finance sources familiar with the matter.The Danish company is now expected to focus on a trade sale of Maersk Drilling…

Jumbo Completes Work on Bangladesh FLNG Terminal

May 04, 2018

In 2017 Jumbo was awarded a contract by Geocean for the Moheshkhali Project, which is seeing a floating liquefied natural gas (LNG) import terminal developed off the shores of Moheshkhali Island in the Bay of Bengal, Bangladesh. It will be the…

L.A.T.C Marine to Install Two Ampelmann Systems

May 01, 2018

Ampelmann has secured two contracts with vessel owner L.A.T.C Marine Limited, on behalf of ExxonMobil, for the supply of two L-type gangway systems, offshore Nigeria. Following successful sea trials of the L-type gangway system, the integrated solution was approved for operations…

LR to Class India’s First FSRU

May 01, 2018

Lloyd’s Register (LR) said it signed a contract to class the first ever floating storage regasification unit (FSRU) to be ordered for Indian waters.Due for delivery in December 2019, the new 180,000m³ FSRU will be built to LR’s Rules for the…

Taiwan: The Next Battleground for Offshore Wind

Apr 30, 2018

Taiwan is becoming the next battleground for the world's top offshore wind developers as they seek a foothold in Asia for a technology that has been expanding fast in Europe.Taiwan announced results on Monday of its first major offshore wind farm auction that aims to add 3…

Diamond Offshore Beats Street, Posts Q1 Loss

Apr 30, 2018

Diamond Offshore Drilling Inc reported a smaller-than-expected quarterly loss on Monday, helped by new contracts for the company's deep-water rigs. Rig utilization was at 52 percent during the first quarter, from 47 percent last year, even as average day rates…

Current News

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Into the Deep: Offshore Production Increasingly Finds Deeper Waters

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Odfjell Technology Boosts Asia Pacific Presence with New Contracts in Malaysia

Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services

Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services

CNOOC Starts Production at Gas Field in Bohai Sea

CNOOC Starts Production at Gas Field in Bohai Sea

Shell In Talks to Sell Malaysia Fuel Stations to Saudi Aramco

Shell In Talks to Sell Malaysia Fuel Stations to Saudi Aramco

Unique Group Acquires Subsea Innovation

Unique Group Acquires Subsea Innovation

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