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HomeOffshore

Offshore

Drydocks World
International News

Drydocks World to construct 2GW offshore grid connection in German Baltic Sea

December 16, 2024 Mariel Alumit

50Hertz Dubai-based Drydocks World, in partnership with GE Vernova, has secured a contract to build and install Ostwind 4, a 2GW offshore wind grid connection that will power nearly 2m German households. The contract was […]

Knutsen
Electrical Generation / Utilities

Knutsen to provide FSU for LNG-to-power project in Honduras

December 13, 2024 Mariel Alumit

London-based Watson Farley & Williams (WFW), who advised Honduras-based Genesis Energias on the chartering of Knutsen’s LNG carrier Bilbao Knutsen, revealed the deal in a statement on Thursday. WFW said the 2004-built LNG carrier shall […]

Big Oil Companies

Exxon to Increase Oil Production by 18% By 2030

December 11, 2024 Clark Savage

U.S. oil and gas giant Exxon Mobil Corp. (NYSE:XOM) has unveiled plans to increase spending to $28-$33 billion annually with a goal of lifting oil and gas output by 18% by 2030. Exxon has set a […]

AGP
Exports

AGP plans $7 billion US floating LNG export project

December 10, 2024 Mariel Alumit

Boston-based AGP revealed this in an emailed statement sent to LNG Prime on Monday. The firm said the project will have a capacity of 7.2 million tons of LNG in its first phase, which will […]

Malta
International News

Malta enters offshore wind with first ever tender launch

December 9, 2024 Mariel Alumit

Simply Blue The government of Malta has launched a tender to develop the country’s first offshore wind farm some 22 km off its coast. The offshore wind farm will use floating technology and have a […]

Denmark’s offshore wind
International News

Denmark’s offshore wind tender attracts zero bids

December 6, 2024 Mariel Alumit

European Energy Denmark’s offshore wind ambitions have taken a heavy hit after the first part of the 6GW tender in the North Sea failed to attract any bids. The deadline for bidding on the first […]

North Sea
Crude Oil News

North Sea Trading Frenzy Sparks Brent Crude Price Speculation

December 5, 2024 Mariel Alumit

The North Sea crude market experienced a record-breaking trading day, with eight cargoes traded, potentially influencing Brent Crude prices. Major oil companies and trading firms participated in the trading frenzy, signaling bullish market sentiment. While […]

Helix
Grid

Helix secures work on UK’s biggest subsea connection project

November 28, 2024 Clark Savage

Helix Helix Energy Solutions’ marine contracting business unit, Helix Robotics Solutions has secured a contract from SSEN Transmission to provide unexploded ordnance (UXO) survey services for the Eastern Green Link 2 offshore subsea cable project. […]

Pemex
Crude Oil News

Pemex suspends work for Paratus jackup

November 26, 2024 Mariel Alumit

Paratus John Fredriksen-backed Paratus Energy Services has received a suspension notice for one of its jackup rigs working for Pemex offshore Mexico. The Oslo-listed Paratus said that the jackup Courageous would temporarily cease operations for […]

Seatrium
International News

Seatrium and Cochin Shipyard form jackup rigs tie-up

November 25, 2024 Andy Del Prado

Keppel Singapore shipyard group Seatrium has joined forces with Indian builder Cochin Shipyard in the offshore sector. The two yards have entered into a memorandum of understanding on the supply and design of equipment for […]

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