Tuesday, September 15, 2020
Maritime News

Energy Transitions, Job Losses and Political Reactions -Opinion

By John Kemp LONDON, Sept 15 (Reuters) – Like other technology shifts, energy transitions provoke strong responses because they involve changes in lives and livelihoods, that go far beyond narrow...

September 15, 2020
Total Views: 6

Thursday, September 10, 2020
wind turbine
Maritime News

BP Makes First Move in Offshore Wind

British petroleum giant BP is making its first move into the growing offshore wind market by partnering up Norway’s Equinor to develop offshore wind farms in the United States. Under...

September 10, 2020
Total Views: 53

Wednesday, September 2, 2020
offshore wind
Maritime News

Total Enters Giant Korean Floating Wind Projects in Green Push

By Francois de Beaupuy (Bloomberg) — Total SE will team up with Macquarie Group’s green bank to develop more than 2 gigawatts of floating wind farms off South Korea, the...

September 2, 2020
Total Views: 58

Friday, August 28, 2020
offshore wind turbine
Maritime News

Wind Turbine Behemoth Plans for Hydrogen Future

By William Mathis and Laura Millan Lombrana (Bloomberg) — Siemens Gamesa Renewable Energy SA has one eye on the future where its wind turbines could play a key role in creating hydrogen....

August 28, 2020
Total Views: 101

Monday, August 24, 2020
Maritime News

Twin Storms Hit U.S. Gulf Energy Production

By Erwin Seba HOUSTON, Aug 24 (Reuters) – Energy companies are moving to cut production at U.S. Gulf Coast oil refineries after shutting half the area’s offshore crude oil output...

August 24, 2020
Total Views: 15

Friday, August 21, 2020
fatih drillship black sea

Drillship Fatih Makes Huge Black Sea Discovery

By Selcan Hacaoglu (Bloomberg) President Recep Tayyip Erdogan said Turkey has found 320 billion cubic meters of natural gas in the biggest ever discovery in the Black Sea, and hopes...

August 21, 2020
Total Views: 48

Thursday, August 20, 2020

Offshore Drilling Is ‘Structurally Damaged’ And Help Is Not Coming

(Bloomberg) – President Donald Trump helped to clinch an unprecedented deal among the world’s largest crude producers, but the pact hasn’t stopped America’s oil industry from bleeding. “Offshore drilling is structurally...

August 20, 2020
Total Views: 117

Wednesday, August 19, 2020
Deepwater Champion Transocean seatrial drillship

Offshore Crisis: Recent Failures Have Created A Massive $30 Billion Financial Risk

By David Wethe and Allison McNeely (Bloomberg) Offshore oil servicers are going bust at the fastest pace in three years as explorers spurn high-cost drilling to deal with a worldwide...

August 19, 2020
Total Views: 88


Turkey Discovers Energy In Black Sea

By Cagan Koc and Selcan Hacaoglu (Bloomberg) Turkey has made an energy discovery in the Black Sea, most likely natural gas, two people with direct knowledge of the matter said...

August 19, 2020
Total Views: 25

Tuesday, August 18, 2020

Four Trends Impacting the Role of Weather Data for Offshore Wind Farms

Whether you’re working on a wind farm installation, planning routine maintenance, or planning to decommission a site, it’s clear that weather conditions can impact your work. This situation has been...

August 18, 2020
Total Views: 9

Turkish drillship Yavuz

Cyprus: EU ‘appeasement’ Of Turkey In Drillship Dispute Will ‘go nowhere’

by Michele Kambas (Reuters) – Cyprus on Monday criticized European Union partners over what it said was diffidence amounting to “a policy of appeasement” in dealing with Turkey, locked in...

August 18, 2020
Total Views: 18

Kaombo Sul FPSO Angola

Total Resumes Offshore Drilling For Angolan Oil

by Noah Browning (Reuters) – France’s Total has restarted oil drilling in Angola and new exploration ships will also soon resume work, the company’s country chair Olivier Jouny told trade...

August 18, 2020
Total Views: 94

Monday, August 17, 2020

Drillship Standoff Intensifies Off Cyprus

(Reuters) – Turkey drew another rebuke from the European Union on Sunday when it said its Yavuz energy drillship would extend operations in disputed Mediterranean waters off Cyprus until mid-September....

August 17, 2020
Total Views: 9

Wednesday, August 12, 2020

Hermitage Offshore Files for Chapter 11 Bankruptcy

Offshore support vessel company Hermitage Offshore Services (NYSE:PSV) has announced that it and 28 of its vessel-owning subsidiaries have filed for Chapter 11 bankruptcy. The voluntary petitions for reorganization were...

August 12, 2020
Total Views: 44

Monday, August 10, 2020
keppel shipyard

Temasek Unit Scraps $3 Billion Bid for Keppel

By Krystal Chia (Bloomberg) — Kyanite Investment Holdings, a unit of Singapore state-backed investor Temasek Holdings Pte, scrapped its bid to take control of Keppel Corp. after the oil-rig builder...

August 10, 2020
Total Views: 11

Tuesday, August 4, 2020
Maritime News

VARD Secures Second ABS Approval for Jones Act-Compliant Offshore Wind Service Vessel

Naval architect Vard Marine has been awarded its second Approval in Principle from the American Bureau of Shipping for a Jones Act-compliant service operation vessel (SOV) for the U.S. offshore...

August 4, 2020
Total Views: 36

Monday, August 3, 2020
mariner oil field uk north sea

U.K. Oil Workers Marooned at Sea May Be Safety Risk, Unions Say

By Ryan Hesketh (Bloomberg) –North Sea oil workers are staying offshore for as long as three weeks at a time, potentially increasing the risks of an already dangerous operating environment,...

August 3, 2020
Total Views: 27

Friday, July 31, 2020
Chevron Big Foot

Chevron Reports Massive Q2 Loss on Writedowns

By Jennifer Hiller HOUSTON, July 31 (Reuters) – Chevron Corp on Friday reported an $8.3 billion loss in the second quarter on asset writedowns from plummeting fuel prices, a forced...

July 31, 2020
Total Views: 22

Thursday, July 23, 2020

Saipem Wins More Offshore Wind Work for Saipem 7000

Italian oil services giant Saipem has announced multiple new contract awards related to offshore wind projects currently under development off the coasts of England, Scotland and France. First, the Dogger...

July 23, 2020
Total Views: 250

offshore drillship

Shell Drills Dry Hole Offshore Brazil, Dimming Hope for Brazilian Oil

By Peter Millard (Bloomberg) –Royal Dutch Shell Plc has just drilled a dry hole in Brazil’s premier offshore region, a sign state-controlled Petrobras may have already grabbed the best oil...

July 23, 2020
Total Views: 92