Offshore drilling contractors Seadrill Limited (NYSE & OSE: SDRL) and Aquadrill LLC have entered into a definitive merger agreement that will see Seadrill acquire Aquadrill in an all-stock transaction. On completion of
Caterpillar Marine and Harvey, La., headquartered Jackson Offshore Operators LLC are to pilot an integrated hybrid energy solution aimed at reduction of fuel consumption and diesel exhaust emissions. The technology will be
Skudeneshavn, Norway, headquartered Solstad Offshore ASA (OSE: SOFF) reports that two of its PSVs, Normand Naley and Sea Frost, have been awarded five-year contracts by Equinor UK Limited (Equinor). Both contracts will
Aalesund, Norway, headquartered Volstad Maritime has contracted HAV Group ASA subsidiary Norwegian Electric Systems AS (NES) to deliver a battery pack and associated battery charging control system for its offshore construction vessel
Norway continues to develop its North Sea oil and gas assets and on Friday, Neptune Energy, a leading independent international oil and gas exploration and production company, announced that drilling had commenced
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.