Offshore Project News

Petrobras is looking at potential opportunities in Argentina while advancing in projects in Colombia and Africa, the firm's exploration and production head Sylvia dos Anjos said on Tuesday.Gas from the Vaca Muerta region would be interesting to Petrobras as a pipeline connecting Argentina, Bolivia and Brazil could be used to transport it, Anjos said on the sidelines of the CERAWeek conference in Houston.She added the firm could also look for oil opportunities in Argentina, as…

Soaring costs, project delays and limited investment put targets out of reachAfter a year of canceled projects, broken turbines, and abandoned lease sales, the global offshore wind industry no longer has much chance to hit the lofty targets set by governments in the U.S., Europe and elsewhere ... with the exception of China.Reuters spoke to 12 offshore wind companies, industry researchers, trade associations, and government officials in six countries to come up with a global picture of the state of the industry and its outlook…

McDermott's heavy-lift and rigid pipelay vessel, the Derrick Lay Vessel 2000 (DLV2000), has been awarded the SUSTAIN-1 classification from the American Bureau of Shipping (ABS).This marks the first time a marine construction vessel in its class has achieved this sustainability certification.The SUSTAIN-1 classification recognizes the DLV2000 for its environmental performance, including energy efficiency, waste management, emissions reduction, and coastal ecosystem preservation."This…

Norwegian Electric Systems (NES) has secured a contract to develop and deliver the complete energy design, an integrated automation system and its future-oriented bridge system for a Field Support Vessel, being built by Green Yard Kleven for Romania’s OMV Petrom.NES will supply frequency converters and electric motors for the propulsion system, battery system, transformers and its proprietary Quadro Master switchboard – a DC power distribution switchboard that enables the use of variable speed generators.The Quadro Master is supported by NES’ Odin’s Eye…

Romanian integrated energy company OMV Petrom has signed a shipbuilding contract with Green Yard Kleven for the construction of a Field Support Vessel that will operate for the Neptun Deep project.Neptun Deep is the largest natural gas project in the Romanian Black Sea and the first deepwater offshore project in Romania, under development, with expected contribution to the country’s security of energy supply.The assignment starts immediately, and the ship is to be delivered in the second half of 2026.The ship will operate for an unmanned gas platform in the Black Sea…

GE Vernova's shares fell nearly 7% on Friday following a turbine-blade failure at an offshore wind farm in the UK, the latest in a string of incidents involving the power service firm's equipment.The incident was reported at the Dogger Bank A project, located more than 130 km off the northeast coast of England, according to a statement from the project authorities.GE Vernova said no injuries were reported and that it was investigating the blade failure, without giving details.The…

Vineyard Wind and GE Vernova on Friday released a plan outlining the steps to be followed after a turbine blade failure last month at the Vineyard Wind offshore project off the coast of Massachusetts, which left potentially dangerous debris on beaches on the island of Nantucket.Vineyard Wind, the first major U.S. offshore wind farm, was shut down by federal authorities after the turbine blade failure.The plan outlines the steps to be followed to recover the remainder of the blade on the turbine. It has been developed in consultation the U.S.

Power services firm GE Vernova on Wednesday said a manufacturing flaw led to a turbine blade failure at the Vineyard Wind offshore project off the coast of Massachusetts earlier this month.The turbine blade broke on July 13 and left potentially dangerous debris on beaches on the island of Nantucket. Later, U.S. authorities ordered a shutdown of the project, which is still under construction.GE Vernova said a preliminary analysis had determined that insufficient bonding led to…

Esgian provides an update on drilling activity in its Week 26 Rig Analytics Market Roundup.Report SummaryContractsVentura Offshore has been granted exclusive marketing rights from Hanwha Drilling LLC for the newbuild 12,000-ft 7th generation drillship, Tidal Action, for an ongoing tender process in Brazil.Transocean has announced a 365-day contract extension for the 12,000-ft drillship Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico.Northern Ocean Ltd.-owned 7…

On May 21, 2024, Shore Offshore Services completed the acquisition of the derrick barge Swing Thompson from Turnkey Offshore Project Services (TOPS).The barge will be renamed Hulk and will maintain its Vanuatu flag while following ABS guidelines and working toward gaining OVID compliance. The asset will be capable of installation and decommissioning of offshore facilities in the Gulf of Mexico and internationally.Equipped with an eight point mooring system, the 400- by 120-foot derrick barge is capable of working in up to 600 feet of water and can accommodate up to 104 persons.

A Mexican energy developer is seeking U.S. permission to export gas to Mexico, turn it into liquefied natural gas (LNG) and send it to countries with U.S. free-trade agreements, its filing with the U.S. Department of Energy showed.Mexico-based Gato Negro Permitium Uno and partners including Houston-based Big River Energy plan to construct four LNG processing plants in Manzanillo on Mexico's Pacific coast to produce up to 4 million tonnes per annum (MTPA) of LNG, the company said.Gato Negro began the Mexican permitting process in June 2022, it said in the May 10 filing.

An official launch ceremony was held to celebrate the commissioning of a new Jones Act compliant crew transfer vessel (CTV) built for American Offshore Services (A-O-S)—the company's first.Constructed by Blount Boats in Warren, R.I., the 100-foot-long aluminum catamaran is owned and operated by A-O-S, a joint venture formed in 2020 by leading European CTV operator Northern Offshore Services (N-O-S) and U.S.-based investment firm OIC.The vessel will support Ørsted and Eversource’s portfolio of offshore wind farms in the Northeast…

Renewable energy firm Avangrid and fund manager Copenhagen Infrastructure Partners said on Thursday their joint venture, Vineyard Wind 1, has begun operations at five of its wind turbines, supplying 68 megawatts (MW) to the New England grid.Currently, the project has successfully installed nine turbines and is in the process of installing the 10th, with preparations underway to transport the 11th turbine to the offshore project site.Offshore wind projects in the U.S.

Danish shipowner CBED has signed a contract with Hughes Subsea, a subsidiary of OEG Energy, for Wind Evolution’s first offshore project, just three weeks after acquiring the service operation vessel (SOV).With the new walk-to-work contract, CBED has secured full activity for Wind Evolution SOV until early first quarter of 2025, with two additional one-year options to extend the project contract.OEG Energy’s Hughes Subsea specializes in subsea services across the offshore oil and gas, renewable energy, and other sectors.CBED will take delivery of Wind Evolution end of March 2024.

The U.S Federal Permitting Improvement Steering Council on Thursday approved the construction of a $1.5 billion offshore wind farm off the coast of Rhode Island.The project, Revolution Wind, is run by Danish company Orsted and U.S.-based Eversource, and would bring a total of 704 megawatts (MW) clean energy to Connecticut and Rhode Island.Another offshore project by the two wind energy developers, the South Fork wind farm off the coast of New York, delivered its first power to the state's power grid on Wednesday.Offshore wind development has been a priority for the Biden administration.

A storage vessel for Mexico's first liquefied natural gas (LNG) plant departed U.S. waters on Monday for Altamira, Mexico, according to ship tracking data, putting the offshore project on track to soon inaugurate exports.LNG developer New Fortress Energy last week said its 1.4-million-metric-tons-per-year Altamira floating LNG project had begun processing gas. The company earlier this year had postponed the inauguration amid delays in receiving the infrastructure."We're excited to announce that we've achieved first gas for our Fast LNG 1 unit…

The U.S. Department of the Interior on Thursday approved the Empire Wind offshore project, owned by Equinor and BP, the sixth commercial-scale wind farm to be greenlit under President Joe Biden's administration.Empire Wind is among several offshore wind projects facing construction and financing cost blowouts that the troubled industry says would not be covered by existing power sales contracts, but it could be helped by a new auction planned by New York state.Along with Danish counterpart Orsted, Equinor and BP have taken a combined $5 billion of writedowns on U.S.

Venezuela's state-run oil company PDVSA is offering to sell up to 1 million barrels of Corocoro crude through an intermediary, sources said on Wednesday, which could become the first sale of that grade in two years.Since Washington temporarily eased oil sanctions on the country last month, PDVSA has been allocating spot cargoes of crude and fuel oil through little known firms that contract with trading companies, which ultimately deliver to refiners. PDVSA and Italy's Eni ENI.MI…

Energy ecosystems are evolving as the value of offshore power-to-X production is being realized.Flexible and delivered in long lengths on reels in a fast-track operation, thermoplastic composite pipeline can transfer up to nine times the amount of energy as a cable and can be used to store hydrogen, increasing the uptime of offshore wind farm generated power.That’s according to Netherlands based supplier Strohm, member of the Hydrogen Offshore Production for Europe (HOPE) project and the Dutch floating green hydrogen and ammonia OFFSET project.

Norwegian company Scana said Monday that its subsidiary Seasystems had signed a sizeable contract for the delivery of an anchoring system to an FSO project offshore West Africa."This is a sizeable contract for Scana, valued close to NOK 50 million [currently around $4,8 million]," Scana said.Under the contract, with an unnamed client, Seasystems will deliver mooring equipment such as dual-axis chain stoppers and chain handling systems. The delivery is expected for the first quarter of 2024.“Seasystems has worked systematically to develop hardy and cost-effective mooring solutions…

Commonwealth Wind said late Monday it will move forward with a submitted but not yet approved power purchase agreement with Massachusetts electric companies and its 1,232-megawatt offshore wind project.Commonwealth made its announcement after the Massachusetts Department of Public Utilities (DPU) denied, in early November, Commonwealth's motion to suspend its agreement. That motion raised questions about the future of Commonwealth's offshore wind project.Commonwealth is a unit of Avangrid Inc.…

ROV services firm Rovco has chartered the VOS Star vessel from owners to support the delivery of its offshore wind farm projects. The 68m long DP2 multi-purpose support vessel will support Rovco’s increasing number of secured offshore wind campaigns throughout 2022, including the provision of hydrographic survey solutions on operational offshore wind farms in UK and Dutch waters.On the vessel, Rovco will mobilize a dedicated and experienced offshore team, to operate its Seaeye Leopard Work Class ROV systems…

In research prompted by the incident in the Dutch North Sea in January when a drifting bulk carrier hit offshore wind facilities, Dutch maritime research institute MARIN this week, with industry partners, tested three innovative barriers aimed at averting collisions between ships and wind turbines.The drifting bulk carrier Julietta D initially collided with a tanker before hitting a transformer platform and a turbine foundation for the Hollandse Kust Zuid wind farm currently under…