Offshore wind contract boosts Topaz Energy’s backlog
JANUARY 7, 2019 — Dubai, UAE, based Topaz Energy and Marine has signed a contract that, it says underlines the growing significance of offshore wind projects to the company. A large north
Offshore
Bourbon to suspend payments of loans and debt
JANUARY 3, 2019 — Marseille, France, headquartered offshore services provider Bourbon says it has renewed a general waiver with its leasers and debt holders representing the majority of the group’s debt, thus
Ørsted picked as preferred bidder for Connecticut offshore wind farm
DECEMBER 31, 2018 — In a competitive solicitation process, Connecticut’s Department of Energy and Environmental Protection has selected Ørsted’s Revolution Wind project to move forward to negotiate a fixed price power purchase
Transocean books five year, $830 million Chevron contract
DECEMBER 31, 2018 — In a year-end morale booster for the offshore drilling industry, Transocean Ltd. (NYSE: RIG) reported Friday that it had signed a rig design and construction management contract, as
Shell in 50/50 JV to develop New Jersey offshore wind lease area
DECEMBER 20, 2018 — EDF Renewables North America, a subsidiary of Électricité de France S.A , and Shell New Energies US LLC (Shell) report that they have formed a 50/50 joint venture
Laborde Marine reports management changes
DECEMBER 19, 2018 — New Orleans headquartered offshore service vessel operator Laborde Marine Management, LLC reports that Ashton P. Laborde has been appointed as President of the company effective January 1, 2019.
Massachusetts offshore wind: More on Mayflower Wind
DECEMBER 18, 2018 — More details are emerging about Mayflower Wind Energy LLC, the provisional winner of block 0521 in last week’s offshore Massachusets wind auction with a bid of $135 million.
Keppel Shipyard to start early works for Gimi FLNG
DECEMBER 17, 2018 – Golar LNG Limited (“Golar LNG” or “Golar”) says it has received a Limited Notice to Proceed (LNTP) from BP Mauritania Investments Ltd and BP Senegal Investments Ltd, relating
Massachusets offshore wind sale draws $405 million in winning bids
DECEMBER 14, 2018 — Today’s BOEM offshore wind lease sale of some 390,000 acres offshore Massachusetts drew competitive winning bids from three companies totaling approximately $405 million. That was way more than
VIDEO: Vertical-axis floating wind turbine gets funding boost
DECEMBER 14, 2018 — SeaTwirl, a Swedish company developing an innovative vertical axis wind turbine, had two items of good news on the funding front to report this week. On Wednesday, the