Keppel O&M to exit offshore rig building
Singapore’s Keppel Corporation today reported a SGD 506 million (about $381 million) net loss for FY 2020 after taking impairments of SGD 952 million (about US$761 million) mainly due to the offshore
Oil & Gas
Biden actions on climate change have big implications across maritime sector
President Joe Biden yesterday signed a number of Executive Orders that follow through on a commitment to take aggressive action on climate change that began on his first day in office with
Tidewater in fleet-wide roll-out of Inmarsat Fleet Xpress
An agreement with mobile satellite communications leader Inmarsat has seen offshore services major Tidewater Inc. advance its digitalization strategy by upgrading the majority of its active fleet to the Fleet Xpress mobile
Wärtsilä picks Corvus Energy for Harvey Gulf battery retrofits
Corvus Energy reports that it has received an order from Wärtsilä for four energy storage systems (ESS) for installation in offshore support vessels operated by New Orleans headquartered Harvey Gulf International Marine.
Awilco Drilling terminates rig newbuilding contract
Awilco Drilling PLC reports that a wholly owned subsidiary, AR2, has notified shipbuilder Keppel FELS Limited that it has exercised its contractual termination right under the newbuilding contract for the construction of
Chouest to fit PSV with battery system
Edison Chouest Offshore (ECO) has executed a long-term contract with a major oil and gas company in the U.S. Gulf of Mexico to install a battery-on-board (BoB) system aboard an ECO 312
NOIA ready to work with Biden pick for Secretary of the Interior
The National Ocean Industries Association (NOIA) says it is “ready to work with” Representative Deb Haaland, who will be President-elect Joe Biden’s nominee as the next Secretary of the Interior. Two key
Still owing around $1.3 billion, Bourbon will shed more vessels
French offshores services leader Bourbon Maritime says that its recovery plan and a conciliation protocol signed with its creditors were validated on December 14 by the Commercial Court of Marseilles. Bourbon says
Jan De Nul buys advanced construction and cable-lay vessel
Luxembourg-based Jan De Nul Group reports that it is the buyer of the of the offshore construction and cable-lay vessel Connector. Last Friday, vessel owning company Ocean Yield ASA disclosed that it
NOIA to Biden: We need an offshore wind permitting czar
To speed the approval process for offshore wind developments, the National Ocean Industries Association (NOIA) wants the incoming Biden Administration to appoint a renewable energy permitting czar inside the Executive Office of