Ørsted to acquire Deepwater Wind for $510 million
OCTOBER 9, 2018 – Danish headquartered Ørsted A/S, the world’s largest developer of offshore wind farms, has entered into an agreement with the D.E. Shaw Group to acquire a 100% equity interest
Offshore
Shelf Drilling jack-ups find work in the Adriatic
OCTOBER 5, 2018 — Dubai headquartered shallow water offshore drilling contractor Shelf Drilling, Ltd. reports that one of its subsidiaries has secured a two-year contract for the jack-up Key Singapore with Eni
Borr to activate four more
OCTOBER 4, 2018 — In another sign of increasing optimism in the offshore drilling market, Tor Olav Troim’s Borr Drilling Limited has decided to start the activation of four additional newbuild jack-ups.
VIDEO: Giant Ocean Energy Buoy takes shape at Vigor
OCTOBER 2, 2018 — An 826 ton buoy under construction by shipbuilder Vigor in Oregon for Irish based wave power pioneer Ocean Energy has the potential to meet the power demands of
Stolt-Nielsen, Golar and Hoegh in $182 million LNG venture
OCTOBER 1, 2018 — Stolt-Nielsen Limited, Golar LNG Ltd and Höegh LNG Holdings Ltd. today announced a combined investment commitment of $182 million in Avenir LNG Ltd. to pursue opportunities to deliver
NAO and Canada’s Horizon Maritime plan to combine
OCTOBER 1, 2018 — Nordic American Offshore Ltd (NYSE: NAO) reports that it has entered into a Memorandum of Understanding (MOU) contemplating a combination with Canada based Horizon Maritime Services Ltd. Subject
Two former SBM Offshore officials get prison terms in bribery case
SEPTEMBER 30, 2018 — A former CEO and former executive of oil services company SBM Offshore were sentenced to prison Friday for their involvement in an international bribery conspiracy. Anthony “Tony” Mace,
First offshore wind farm in federal waters inches closer
SEPTEMBER 23, 2018 — What could be the first offshore wind farm in federal waters took a major step forward last month when Dominion Energy applied to the Virginia State Corporation Commission
DNV GL issues new guidelines for floating wind turbines
SEPTEMBER 21, 2018 — Classification society DNV GL has published a revised standard for design of floating wind turbine structures DNV GL-ST-0119, and a new guideline for the certification of floating wind
Subsea specialist Hydra enters the saturation diving market
SEPTEMBER 19, 2018 — Port Arthur, Texas, headquartered offshore and subsea construction specialist Hydra has entered the saturation diving market with a powerful diving support vessel. Trevor Davis, president and CEO, reports