The multifaceted offshore energy sector is currently going through a major change with the energy transition and sustainability as a driving force. Offshore Energy website has been delivering news coverage from seven different industry sectors under one roof for over a year now. Although different, all these sectors have one […]

Minesto’s largest owners BGA Invest and Midroc New Technology have exercised all of their warrants of series TO3, adding approximately SEK 44.7 million (€4.4 million) in proceeds for the company. Minesto’s Deep Green tidal kite (Courtesy of Minesto) The amount secured before issue costs corresponds to approximately 27% of the […]

Ørsted has awarded contracts for specialised and technical wind turbine support to Atlas Services Group Energy and Wind Multiplikator, following a competitive tender procedure. The contracts cover inspection and service of wind turbine parts and provision of personnel for this kind of work on Ørsted’s operational offshore wind farms in […]

Offshore equipment manufacturer Subsea Energy Solutions (SES) has signed three-year framework agreement with international client Strohm. SES’ equipment shown on the Strohm Thermoplastic Composite Pipe (Courtesy of Subsea Energy Solutions) The framework agreement follows the successful completion of multiple recent projects where Strohm selected Subsea Energy Solutions as its chosen […]

Van Oord is using Ansys software to speed up the design of wind turbine foundations for the offshore wind industry. Van Oord’s engineers are using Ansys Cloud and Ansys Mechanical to optimize new product design, minimize project risk, streamline supplier negotiations and slash product development timelines. Source: Van Oord. The aim is […]

Offshore drilling contractor Noble Corporation has completed the acquisition of Houston-based offshore driller Pacific Drilling, effective 15 April 2021. The two companies entered into a definitive merger agreement in late March under which Noble would acquire Pacific Drilling in an all-stock transaction. The merger agreement was unanimously approved by each […]

Canadian shipping company Algoma Central Corporation was fined $500,000 after pleading guilty to dumping wastewater into Lake Ontario. The U.S. Department of Justice said that one of the vessels in the company’s fleet, the M/V Algoma Strongfield, was involved in the discharge of unprocessed oily bilge waste from the ship’s […]

Brazilian state-owned oil company Petrobras has published the call for the second bidding process to lease the Bahia LNG Regasification Terminal and associated facilities. Courtesy of Petrobras The Bahia LNG regasification terminal lease process started in the second half of 2020. Petrobras, which kicked of the same process in February […]

The Rolls-Royce designed 14-streamer seismic vessel, PXGEO 2, has been delivered to marine seismic acquisition company PXGEO Seismic Services, which started its mobilisation for a 4D seismic survey. The vessel was constructed in 2013, and is equipped with state-of-the-art seismic acquisition systems including Sercel Sentinel solid streamers and Sercel G-Source […]

Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Norwegian Sea using the West Hercules drilling rig. The PSA said that the consent applied to the drilling of exploration well 6507/3-14 in production license 159 B in […]

 Methane Patricia Camila, Image credit: Silverstream A Shell-chartered 170,000 cbm LNG carrier, named Methane Patricia Camila, has achieved 6.6% net savings generated by the Silverstream’s air lubrication system, Silverstream and Shell’s engineers found during operational testing. The system was retrofitted on the 2010-built LNG carrier during its October 2020 drydocking […]

South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering Co. (KSOE) is enjoying a continued ship ordering spree as it won another contract for three liquefied natural gas (LNG) carriers. The new contract is worth KRW 636.4 billion (about $570.9 million), KSOE said in a stock exchange filing on 16 […]