Offshore

Get comprehensive coverage of offshore industries, including oil and gas, renewable energy, and subsea operations. Stay informed on the latest offshore and upstream O&G news.


Thursday, January 4, 2024
petrobras carwash probe
Offshore

TechnipFMC Awarded $1 Billion Contract for Mero 3 Project in Brazil

TechnipFMC (NYSE: FTI) has secured an integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract worth over $1 billion from

January 4, 2024
Total Views: 1728

Wednesday, January 3, 2024
An illustration of the 400 class Multi-Purpose Support Vessels (MPSVs). Image courtesy Hornbeck Offshore via Eastern Shipbuilding
Offshore

Eastern Shipbuilding to Complete Construction of High-Spec Offshore Vessels for Hornbeck

Eastern Shipbuilding Group has announced a contract to complete the construction of two ultra high-spec 400 class Multi-Purpose Support Vessels (MPSVs) for

January 3, 2024
Total Views: 2956

offshore wind farm under construction. DJ Mattaar / Shutterstock
Offshore

Equinor and BP Terminate Offshore Wind Agreement for Empire Wind 2 Project in New York

Equinor and BP have announced the termination of the Offshore Wind Renewable Energy Certificate Agreement with the New York State Energy Research and

January 3, 2024
Total Views: 2632

The nation's first offshore wind substation installed at Avengrid's Vineyard Wind 1 project. Photo courtesy Avengrid
Offshore

Vineyard Wind Project Delivers First Offshore Wind Power to New England

Copenhagen Infrastructure Partners (CIP) and Avangrid, Inc. have announced the successful delivery of the first power from the Vineyard Wind offshore wind

January 3, 2024
Total Views: 1544

Wednesday, December 27, 2023
Equinor and Shell Finalize Sparta Deepwater Development in Gulf of Mexico
Offshore

Equinor and Shell Finalize Sparta Deepwater Development in Gulf of Mexico

Norwegian energy company Equinor and Shell Offshore Inc., a subsidiary of Shell, have announced the final investment decision for the Sparta deepwater

December 27, 2023
Total Views: 2827

Island Condor at sea. Image courtesy Island Offshore
Offshore

Island Offshore Secures Long-Term Contract for Island Condor

Norwegian offshore service vessel provider, Island Offshore, has announced that it has secured a long-term employment contract for the walk-to-work vessel

December 27, 2023
Total Views: 1391

Tuesday, December 26, 2023
Seadrill drillship on the horizon
Offshore

Seadrill Secures $1.1 Billion Contracts with Petrobras

Offshore drilling contractor Seadrill Limited (NYSE & OSE: SDRL) has been awarded fixed-term contracts by Petrobras for its drillships, West

December 26, 2023
Total Views: 1385

Saturday, December 23, 2023
Polar Star at anchor in Taylor Bay, Alaska
Offshore

US Claims Huge Chunk of Seabed Amid Strategic Push For Resources

By Danielle Bochove (Bloomberg) –The US extended its claims on the ocean floor by an area twice the size of California, securing rights to

December 23, 2023
Total Views: 26862

Thursday, December 21, 2023
FILE PHOTO: An oil and gas drilling platform stands offshore in Alabama, October 5, 2013. REUTERS/Steve Nesius/File Photo
Offshore

Gulf of Mexico Lease Sale Nets $382 Million, Most Since 2015

Dec 20 (Reuters) – A Biden administration auction of Gulf of Mexico drilling rights raised $382 million on Wednesday as oil companies

December 21, 2023
Total Views: 1417

offshore drillship
Offshore

Valaris Acquires Two New High-Spec Drillships at Bargain Price

Valaris Limited, a leading offshore drilling contractor, has announced it has exercised its options for the delivery of two newbuild ultra-deepwater

December 21, 2023
Total Views: 3958

Wednesday, December 20, 2023
A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Ørsted Makes Final Investment Decision on World’s Largest Offshore Wind Farm

Danish energy company Ørsted has announced its final investment decision (FID) on Hornsea 3, the world’s largest single offshore wind farm. With a

December 20, 2023
Total Views: 6035

Sunday, December 17, 2023
Drillship West Capella with US Naval Escort
Offshore

Philippines Wants To Drill The South China Sea

by Karen Lema (Reuters) – Philippine President Ferdinand Marcos Jr said his country is working to resolve “exploration issues” in

December 17, 2023
Total Views: 12846

Tuesday, December 12, 2023
Transocean Barents offshore drill rig at sea. Photo courtesy Transocean
Offshore

Transocean Secures Offshore Drilling Contract in Black Sea at $465,000 Per Day

Offshore drilling contractor Transocean Ltd. (NYSE: RIG) has announced a significant contract for its harsh-environment drilling rig, Transocean Barents, in

December 12, 2023
Total Views: 4469

Monday, December 11, 2023
Cadeler wtiv working at an offshore wind farm
Offshore

Cadeler Secures Green Loan for Eneti Combination and Upgrades

Cadeler A/S (OSE: CADLR) has announced the signing of EUR 550m Senior Secured Green Loan Facilities with a group of banks to refinance existing vessels in

December 11, 2023
Total Views: 740

Photo shows the installation of the first offshore wind turbine at South Fork Wind
Offshore

Biden Administration and Maryland Join Forces to Explore New Wind Energy Areas

Members of the Biden Administration, along with various departments and officials, have announced a joint commitment to evaluate additional areas off the coast

December 11, 2023
Total Views: 597

Saturday, December 9, 2023
The Prosperity FPSO at Payara, Guyana’s third offshore oil development on the Stabroek Block. Photo courtesy ExxonMobil
Offshore

Venezuela And Guyana To Meet Amid Territorial Dispute

SAO PAULO, Dec 9 (Reuters) – Venezuela’s President Nicolas Maduro will meet with Guyana President Mohamed Irfaan Ali on Thursday amid a

December 9, 2023
Total Views: 1228

Friday, December 8, 2023
hornbeck offshore services
News

Hornbeck Offshore Discloses Revenue Growth Ahead of IPO

Dec 7 (Reuters) – Marine transportation services provider Hornbeck Offshore on Thursday made public its paperwork for a stock market

December 8, 2023
Total Views: 3250

Wednesday, December 6, 2023
Photo shows the installation of the first offshore wind turbine at South Fork Wind
Offshore

First Commercial-Scale Offshore Wind Farm in US Powers Up

New York State has reached a significant milestone in its clean energy efforts with the successful delivery of power from the first operational wind turbine at

December 6, 2023
Total Views: 1812

Tuesday, December 5, 2023
An illustration of Great Lakes Dredge and Docks' Jones Act-compliant rock installation vessel that will support the growing U.S. offshore wind industry. Illustration courtesy Great Lakes Dredge & Dock
Offshore

Great Lakes Dredge & Dock’s Offshore Wind Vessel ‘Acadia’ Awarded Third Contract

Great Lakes Dredge & Dock Corporation has announced a third rock installation contract for its newbuild subsea rock installation vessel Acardia,

December 5, 2023
Total Views: 2245

Chunk of Norway’s Offshore Gas Discoveries Risk Going Untapped
Offshore

Chunk of Norway’s Offshore Gas Discoveries Risk Going Untapped

(Bloomberg) — A swath of Norway’s offshore gas discoveries risk remaining untapped due to challenges ranging from complex reservoirs to costs of

December 5, 2023
Total Views: 1569