Offshore News
Borr Drilling Buys Paratus' Jack-Up Fleet for Mexican Market
Oslo-listed Borr Drilling has acquired five jack-up rigs from the former Seadrill fleet through its joint venture vehicle in the M...
Read More >>Eni and TotalEnergies Give Green Light for Cyprus' Cronos Gas Project
Eni and TotalEnergies have taken a final investment decision (FID) on the Cronos gas project off the coast of Cyprus, a unique tra...
Read More >>Broken Wind Turbine Blade in North Sea Was a Menace to Shipping
German police report they were able to recover a broken wind turbine blade that was drifting in the North Sea, creating a signific...
Read More >>UK Launches Accelerated Auction for Abandoned Offshore Wind Site
In what is seen as a key test for the UK’s offshore wind energy development plans, The Crown Estate announced that it is launching...
Read More >>Sweden Permits Two Offshore Wind Farms, Denies 11 Due to Defense Concerns
While saying that Sweden needs to develop new power sources and critically green power to remain competitive, the government had n...
Read More >>FPSO Will Validate Wind-Assisted Kite Traction Towing on Trip to Suriname
A novel project looks to validate the potential of kite sails for vessels as part of a towing operation to position a massive new...
Read More >>Kuwait Reports Attack on Offshore Oil Platform as US and Iran Trade Fire
Kuwait's ministry of defense has reported a drone attack on an offshore drilling platform operated by the state-owned Kuwait Petro...
Read More >>China Begins to Return to the World Oil Market
China's withdrawal from the global oil market was one of the biggest surprises of the Strait of Hormuz shutdown. Shortly after Ira...
Read More >>Equinor Buys Out BP's Stake in Bay du Nord Project off Newfoundland
Equinor has bought out the interests of its partner BP in the Bay du Nord offshore field off the coast of Newfoundland and Labrado...
Read More >>China Deploys First 16MW Floating Offshore Wind Tension-Leg Platform
China continues its developments, placing it at the forefront of the offshore wind energy sector. In the latest development, offic...
Read More >>