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CATEGORY

Offshore

GE Shipping targets $40,/day from each of its vessels next year

GE Shipping’s offshore division is set to break even as the entire offshore fleet will get re-priced, as per a report by B&K Securities....

Offshore supply tug suffering water ingress in Arabian sea

  Offshore supply tug TRITON HARMONY with 18 crew on board on Jan 4 reported suffering mass water ingress in Arabian sea some 280 nm...

2022 in review: Some of the major incidents related to offshore oil & gas

While action has been taken to minimise the risks of accidents on offshore installations and improve the safety of offshore oil and gas infrastructure,...

Electrical systems infrastructure contract for Baltyk offshore wind projects awarded

Equinor and Polenergia have selected Hitachi Energy to deliver electrical systems infrastructure for the MFW Bałtyk II and MFW Bałtyk III offshore wind projects...

2022 is a wrap: Highlights from the offshore energy industry

With the lessening of restrictions imposed due to the COVID-19 pandemic, expectations of the oil and gas market’s recovery dominated at the start of...

Five offshore wind auctions coming up in 2023 we are keeping an eye on

This year is set to be one of the busiest for offshore wind developers and governments around the world as a multitude of new...

Finland Advances First Offshore Wind Farm Projects

Finland is joining the growing list of countries around the world pushing forward with a program to develop offshore wind energy power generation. While...

Editor’s choice 2022: a year of ‘staggering growth’ in offshore wind markets

With superlatives coming thick and fast to describe the markets’ growth, both offshore wind and floating offshore wind project pipelines have doubled globally in...

Editor’s choice 2022: war, energy market turmoil restart demand for offshore oil and gas

As war tragically returned to Europe in 2022 in the form of Russia’s unilateral invasion of sovereign Ukraine, sanctions and a need for energy...

2023 Outlook: The Offshore Service Vessel Market

  The market foroffshore support vesselshas been through a rather rough few years since offshore exploration and production activity took a nose-dive in 2015 following...
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