Green light for OMV to use Island Innovator rig in Norwegian Sea
Posted On: 14-05-2020
Austrian oil and gas company OMV has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Norwegian Sea using the Island Innovator drilling rig. The consent was given for two wells, designated 6506/11-12 S and 6506/11-12 A, located in production lice..readmore
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Equinor granted drilling permit for North Sea well
Posted On: 11-05-2020
Norwegian oil major Equinor has been given a drilling permit to drill the 30/2-5 S well in the North Sea, offshore Norway. Under the permit, given to Equinor by the Norwegian Petroleum Directorate (NPD), the well will be drilled in production license 878 using Seadrill’s West Hercules semi-submersible drilling rig. Equinor is the..readmore
Demand for remote offshore rigs inspections skyrockets due to COVID-19
Posted On: 10-05-2020
Classification society Bureau Veritas (BV), a provider of testing, inspection, and certification services, has noted a 900 per cent rise in demand for the remote inspection of offshore assets and equipment since the outbreak of the COVID-19 pandemic. BV said on Monday that requests for its remote inspection, certif..readmore
MHI Vestas deck carrier ready to serve
Posted On: 10-05-2020
United Wind Logistics (UWL) has taken delivery of the deck carrier, MV BoldWind, which will shortly start her long-term charter with MHI Vestas Offshore Wind. The MV BoldWind will now start her maiden voyage from Jiangsu Zhenjiang Shipyard’s yard in Zhenjiang, China, to Europe. On the maiden voyage, the 148.5-metre vessel will carry wind turbine bla..readmore
Construction of Wasaline’s new Clean Design RoPax ferry on track
Posted On: 08-05-2020
Despite the exceptional circumstances due to the coronavirus pandemic, the construction of the Aurora Botnia, Wasaline’s new car and passenger ferry, is progressing according to schedule, the company said in a recent update. The ship is being built by Finnish shipbuilder Rauma Marine Construction and is scheduled for delivery in spring 2021. The RoPax fer..readmore
World’s largest crane vessel lifts Wintershall Dea’s Nova topside module
Posted On: 08-05-2020
The world’s largest crane vessel, Sleipnir, has lifted Wintershall Dea’s Nova field topside module from the Rosenberg WorleyParsons yard in Stavanger, Norway. Neptune Energy, the partner in the Nova field, said via its social media channels on Friday that Sleipnir was sailing towards Neptune’s Gjøa platform in the North Sea ..readmore
d’Amico, Glencore JV offloads MR tanker
Posted On: 07-05-2020
Italian shipping company d’Amico International Shipping S.A. (DIS) said that its joint venture with Swiss commodity trader Glencore Group has decided to sell a medium range (MR) tanker. As informed, Glenda International Shipping d.a.c. (GIS) signed a memorandum of agreement with an undisclosed buyer for the sale of MT Glenda Meredith, one of its five ships. ..readmore
Posted On: 07-05-2020
The Board of Directors of Swedish wind power company SeaTwirl has appointed Peter Laurits, Vice Chairman of the Board, as the company’s new CEO, effective immediately. With Laurits now taking the helm, the interim CEO Peter Schou, who ..readmore
Orion crane collapse probe points to hook failure
Posted On: 06-05-2020
The investigations into the collapse of the heavy-lift crane onboard the installation vessel Orion are ongoing, with the first findings indicating that ”the accident had to do with a failure of the crane hook”, a spokesperson for DEME Group said. However, further investigations will need to be carried out to confirm the cause, DEME said. As previously repo..readmore
EU consulting on new renewable energy financing mechanism
Posted On: 06-05-2020
The EU Commission has opened a four-week public consultation on draft rules to establish a new EU financing mechanism to support renewable energy projects. The new mechanism opens a possibility for the member states to collectively benefit from renewables projects funded through tenders using an EU-wide financing mechanism. The mechanism enables “contributing” member states to pay voluntary fi..readmore
Study boosts tidal power value in Faroe Islands
Posted On: 06-05-2020
A new study shows tidal power may be a significant resource for Faroe Islands to balance other renewable energy sources.This is thepreliminary result of a PhD project on the energy balance and stability of the Faroese electrical system. PhD researcher, Helma MarianTróndheim, said:“So far the results indicate that tidal power may be of significant importance f..readmore
DEME looking for replacement installation vessel for Moray East OWF
Posted On: 05-05-2020
DEME is currently looking for a replacement vessel for the installation of Moray East jacket foundations, following the crane accident onboard the installation vessel Orion. The company is considering both the vessels in its own fleet and externally to carry out the installation of Moray East jackets, first eight of which have now arrived at the Port of Nigg...readmore
PGS wraps up 3D survey offshore PNG
Posted On: 03-05-2020
Oslo-listed seismic player PGS has completed the Painimaut 3D multi-client program in Papua New Guinea. Fast-track 3D GeoStreamer data is now available. The Painimaut program targets a number of play types in the under-explored Papuan Basin in both held and vacant acreage. The survey targets the Tertiary carbonate buildups and Mesozoi..readmore
Eco Marine Power to look into installation of its zero-emission solution onto an LR2 tanker
Posted On: 03-05-2020
The Japanese technology firm Eco Marine Power has launched a feasibility study into the installation of its zero-emission power and propulsion system onto an LR2 tanker. The system is known as Aquarius Marine Renewable Energy (Aquarius MRE) and it aims to enable ships to tap into renewable energy by harnessing the power provided by the wind and sun. It incorporates an array of automated rigid sail..readmore
Polarcus shrinks deficit; preps for market uncertainty
Posted On: 06-05-2020
Marine seismic player Polarcus has cut its deficit in Q1 2020 despite slightly lower revenues on improved pricing compared to prior year. The Oslo-listed company reported loss for the Q1 2020 of $4.2 million, on revenues of $66.3 million, versus loss of $5.3 million klockor kopior rolex and revenues of $67.1 million in Q1 2019. The Polarcus ..readmore
Borr Drilling sells two jack-up rigs
Posted On: 02-05-2020
Offshore drilling contractor Borr Drilling has sold two jack-up rigs for total cash proceeds of $15.8 million. Borr said on Thursday it had sold two standard jack-up drilling rigs, the Dhabi II and the Paragon B152, built in 1981 and 1982, respectively. The sale also included the associated backlog effective from 1 April 2020. The compa..readmore
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First Triton Knoll offshore substation in place
Posted On: 29-04-2020
The first Triton Knoll offshore substation platform (OSP) is now standing at its designated location at the project site. The offshore wind farm will comprise two offshore substations:OSP East and OSP West. The heavy-lift installation vessel Seaway Strashnov installed the 1,400-tonne OSP West in the morning of 12 April. Manchester-based Siemens Energy designed the su..readmore
SeaQuest secures supervision contract for Finnlines’ zero-emission RoRos
Posted On: 06-05-2020
Hong Kong-based consulting services provider SeaQuest Marine Project Management has been entrusted with the construction supervision job for three Green 5th Generation zero-emission roll-on/roll-off (RoRo) newbuilding vessels ordered by Finnlines. The vessel trio is being built at China Merchants Group’s Nanjing Jinling Shipyard in China. Finnlines, a Finnish s..readmore
COVID-19 effects push Novatek into red
Posted On: 28-04-2020
Russia’s largest private natural gas producer and LNG player Novatek slipped into red under the COVID-19 impacts. Novatek reported a net loss of ₽30.7 billion ($416.8 million) in the first quarter of the year. This compares to a profit of ₽381.8 billion ($5.2 billion) reported in the first quarter of 2019. The company noted that the profit was impacted by the effects of the COVID-..readmore
Safety nod for Spirit Energy to use Leiv Eiriksson rig in Barents Sea
Posted On: 28-04-2020
Oil and gas company Spirit Energy has received consent from the Norwegian offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Barents Sea using the Leiv Eiriksson drilling rig. The PSA said on Wednesday that the consent applied to the exploration drilling of one well in block 7321/8 in production license 719. Acco..readmore
