The California State Lands Commission is reviewing two floating offshore wind applications for the use of land for demonstration projects in the Pacific Ocean. This concerns the construction, operation, maintenance, and decommissioning of two projects that would be located in state waters off the co
German container shipping company Hapag-Lloyd reported that two of its vessels were facing delays amid COVID-19 infection cases among the crew. The two ships include CSL Manhattan, a 2005-built Panamax containership commercially controlled by Hapag, and Tsingtao Express, a 2007-built Post-Panamax co
Brazilian oil and gas company PetroRio has signed an agreement with BP for the acquisition of interests in two fields offshore Brazil.
The U.S. government agency Bureau of Ocean Energy Management has held a Gulf of Mexico oil and gas lease sale, yielding more than $120 million in high bids.
The New Jersey Board of Public Utilities (NJBPU) and regional electricity grid operator PJM Interconnection have agreed to commence a State Agreement Approach (SAA) solicitation for offshore wind transmission solutions. The commencement of the SAA includes New Jersey using the competitive solicitati
Bumi Armada has said that India’s ONGC has been served with a force majeure notice related to the charter hire of an FPSO.
Transocean has been awarded contract extensions for two of its drillships that have been working for Petrobras.
Subsea services player DeepOcean has started a restructuring process in relation to three UK subsidiaries in its Cable Laying and Trenching business (“CL&T Group”), which will enable the CL&T Group to be wound down on a solvent basis. DeepOcean 1 UK, DeepOcean Subsea Cables and Enshore Subsea have f
A survey by the Norwegian statistics bureau SSB has revealed that oil and gas companies in Norway have boosted investment plans in recent months.
McDermott has secured approximately $560 million in new capital through a series of transactions expected to close by the end of the year.
The sale of an almost 25-year-old crude oil tanker marks the end of the 4th longest streak of zero VLCC demolitions in history, lasting 512 days, BIMCO said. The 300,500 dwt VLCC named Sam (formerly Zoya 1) experienced a fire while undergoing maintenance in January this year. As Offshore Energy – Gr
Ørsted and North America’s Building Trades Unions (NABTU) have signed a Memorandum of Understanding (MoU) to develop the next generation offshore wind workforce in the U.S. The partnership will create a national agreement designed to transition U.S. union construction workers into the offshore wind
South Korean shipbuilder Hyundai Mipo Dockyard has terminated a contract for four pure car truck carriers (PCTC) worth $155 million (KRW 171.8 billion). The contract for the 7,500-ceu car carriers with an unnamed Marshall Islands-based company had been signed in 2015. In 2016, the shipowner inked a
Ithaca Energy is moving forward with its plans to develop the Abigail field, located in the UK North Sea as a subsea tie-back.
