Aker BP has received consent from the Petroleum Safety Authority (PSA) to use the Maersk Drilling-owned Maersk Invincible drilling rig for operations on the Hod field offshore Norway. The safety authority said on Thursday that Aker BP would use the Maersk Invincible jack-up rig for the drilling of a pilot hole on the Hod field. […] Read more
The Responsible Offshore Development Alliance (RODA) has called for a correction to a US Coast Guard (USCG) offshore wind study. Referring to the Massachusetts and Rhode Island Port Access Route Study (MARIPARS), the fishing industry group has cited “serious foundational and analytical errors that merit correction”. On 29 June RODA filed a formal Request for […] Read more
Oil prices continued to march higher on Wednesday, with Brent crude futures rising above $40 a barrel on expectations some of the world’s most powerful oil producers will reach a deal to extend supply cuts. OPEC and non-OPEC allies, a group of oil producers sometimes referred to as OPEC+, are expected to hold their next […] Read more
Jordan has topped a list of countries which appear to have siphoned large sums of foreign aid into offshore bank accounts, World Bank analysis shows. In 2018-19, Jordan received £2.13 billion ($2.6 billion) in foreign aid, including £110 million ($134 million) from Britain. According to the study, over a ten-year period, $3.13 billion was transferred out of […] Read more
Economic activity generated by offshore wind development could provide a massive boost to the US post-pandemic economy, amounting to US$25Bn annually before 2030. Led by commitments of 9 GW in New York and 7.5 GW in New Jersey, states from Massachusetts to North Carolina along the US east coast have been solidly behind the development […] Read more
Houston-based Talos Energy is paving the way for the completion of acquisition of a package of assets in the Gulf of Mexico from affiliates of ILX Holdings by completing another regulatory step. Illustration; Source: Talos Talos on Friday announced the filing of a preliminary Schedule 14C information statement with the Securities and Exchange Commission (SEC), […] Read more
Join the largest European exhibition and conference covering the whole offshore energy mix on 26, 27 and 28 October. With oil & gas, offshore wind and marine energy all assembling at this event, Offshore Energy creates the ideal place to display your innovations, products and services to the world. Offshore Energy Exhibition & Conference Over […] Read more
The Chicago Yacht Club Race to Mackinac has been selected by US Sailing as the Qualifier for the inaugural edition of World Sailing’s Offshore World Championship to be held in October 2020 alongside the Rolex Middle Sea Race in Valletta, Malta. The format is a two person mixed competition, and the boat selected for this […] Read more
Electricity produced by wind turbines covered 46.9% of consumption in Denmark in 2019, setting a new record for the country and for the world, according to Wind Denmark. This is a 3.5% increase in the share of wind energy in the mix compared to the country’s second-best result of 43.4% set in 2017. The price […] Read more
Russian shipping giant Sovcomflot will not be returning the Vyacheslav Tikhonov seismic vessel to Polarcus as previously agreed. Vyacheslav Tikhonov; Source: Polarcus As previously reported, Sovcomflot (SCF) was to redeliver the seismic vessel to the original owner Polarcus in November 2019, following completion of a wide-azimuth project in the Americas. Polarcus said at the time […] Read more
