Houston-headquartered offshore services giant Tidewater Inc. (NYSE:TDW) has released third quarter results that see it report positive net income for the first quarterly period since 2017. “Our third quarter performance reinforces our
A modularized carbon capture facility that would serve offshore oil and gas fields has received DNV approval. Developed by Aker Carbon Capture and called Just Catch Offshore, it is now ready to
On Tuesday, the Bureau of Offshore Energy (BOEM) announced plans for the first-ever offshore wind lease sale off the U.S. West Coast. Today, with considerably less fanfare and tub thumping, BOEM announced
Skudeneshavn, Norway, headquartered Solstad Offshore ASA reports that it has entered into a long-term contract for the battery-hybrid PSV Normand Falnes with TotalEnergies UK. The contract, which will be for five years
![Capsized SEACOR Power on the evening of the accident, with a Coast Guard response boat in the foreground. [U.S. Coast Guard photograph]](https://www.marinelog.com/wp-content/uploads/2021/04/SEAOR_Power-300x225.jpg)
Severe winds during a thunderstorm led to a loss of stability and ultimately the capsizing of the liftboat SEACOR Power, the National Transportation Safety Board said Tuesday during a public board meeting.
Norwegian energy giant Equinor yesterday awarded platform supply vessel (PSV) contracts for six ships to five shipowners. The contracts have a total value estimated at more than NOK 2.5 billion (about $235
Singapore’s Keppel Offshore & Marine (Keppel O&M) has completed the modification works for the four legacy jack-up rigs that are be deployed on bareboat charters in Saudi Arabia. The rigs are being
The Offshore Marine Service Association (OMSA) has praised the U.S. Coast Guard (USCG) for issuing a policy letter(CG-CVC Policy Letter 22-03) that, it says, “provides a transparent and expedited process for domestic
C-Innovation (C-I) and Grand Isle Shipyard, LLC (GIS), two strategic oil and gas industry partners, have been awarded a plug and abandonment contract by Helix Alliance Decom LLC to provide pre-feed services
Tidewater Rederi AS, the Norwegian subsidiary of Houston-headquartered offshore services giant Tidewater (NYSE:TDW) is to retrofit its platform supply vessel North Pomor with a battery pack. It has contracted Norwegian Electric Systems
