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SBM Offshore successfully raises Revolving Credit Facility

Thursday, December 21 2023

Fossil Energy – Credit Facility

SBM Offshore has secured a US$210 million Revolving Credit Facility (RCF) for the financing of the construction of Fast4Ward Multi-Purpose Floater (MPF) hulls.

[Read more…] about SBM Offshore successfully raises Revolving Credit Facility

Filed Under: Finance, International projects, SBM Offshore Tagged With: Finance, MPF, SBM

Two additional cable-laying vessels for Prysmian

Thursday, December 21 2023

General – Shipbuilding

Prysmian Group announces an investment of approximately €350 million for two new cutting-edge cable-laying vessels that will reinforce Prysmian’s submarine project execution capabilities.

[Read more…] about Two additional cable-laying vessels for Prysmian

Filed Under: cable installation vessel, cable technology, Cable-laying vessel, International projects, Prysmian

US Gulf of Mexico oil auction largest since 2015

Thursday, December 21 2023

Fossil Energy – Gulf of Mexico Auction

Reuters reported that a Biden administration auction of Gulf of Mexico drilling rights raised $382 million on Wednesday as oil companies claimed offshore acreage for what is set to be the last time until 2025.

[Read more…] about US Gulf of Mexico oil auction largest since 2015

Filed Under: auction, Gulf of Mexico, International projects Tagged With: auction, gulf of mexico

Woodside awards shore base contract Trion project in Mexico

Thursday, December 21 2023

Fossil Energy – Trion Project

Woodside Energy has awarded a major contract to Mexican company Eseasa Offshore, to supply shore base facilities and services for Woodside’s operations supporting the Trion oil and gas project offshore Mexico.

[Read more…] about Woodside awards shore base contract Trion project in Mexico

Filed Under: Gulf of Mexico, International projects, shore base, Woodside Energy Tagged With: mexico, shore base facilities, Trion, woodside

BP and Subsea7 extend agreement from 1998

Wednesday, December 20 2023

Fossil Energy – IRM Services

Subsea7 has secured an extension of the existing frame agreement with UK energy giant BP for subsea construction, inspection, repair and maintenance services (IRM), for assets in the North Sea.

[Read more…] about BP and Subsea7 extend agreement from 1998

Filed Under: BP, framework agreement, International projects, IRM, Subsea 7 Tagged With: BP, Frame Agreement, irm, Subsea7

Purchase of CSV Normand Tonjer

Wednesday, December 20 2023

General – CSV

Solstad Offshore has exercised its option to purchase the CSV Normand Tonjer from Norwegian Mpsv.

[Read more…] about Purchase of CSV Normand Tonjer

Filed Under: CSV, International projects, Solstad Offshore Tagged With: CSV, Solstad

Breeze to design new multipurpose support vessel 

Wednesday, December 20 2023

General – Shipbuilding

Breeze Ship Design has recently been awarded a contract with Fujian Mawei for the design of a multipurpose offshore support vessel (MPSV).

[Read more…] about Breeze to design new multipurpose support vessel 

Filed Under: Engineering, International projects, MPSV Tagged With: Breeze, engineering, MPSV

Taiwan to offer 3 GW Offshore Wind Power in March 2024 auction

Wednesday, December 20 2023

Wind Energy – Taiwan

Taiwan will offer a whopping 3 GW of offshore wind projects in its next auction in March 2024.

[Read more…] about Taiwan to offer 3 GW Offshore Wind Power in March 2024 auction

Filed Under: auction, International projects, Taiwan Tagged With: auction, taiwan

Shell invests in Sparta Development in Gulf of Mexico

Wednesday, December 20 2023

Fossil Energy – FID

Shell Offshore recently announced the Final Investment Decision (FID) for Sparta, a deep-water development in the U.S. Gulf of Mexico that represents our competitive approach to simplifying and replicating projects.

[Read more…] about Shell invests in Sparta Development in Gulf of Mexico

Filed Under: Equinor, FID, International projects, Shell

Sea trials for first Chinese ultra-deepwater drilling ship

Tuesday, December 19 2023

Fossil Energy – Research Drilling Vessel

China will on Friday conduct sea trials for its first ocean research drilling vessel, capable of drilling at depths of more than 10,000 metres (32,800 feet), a key step towards beefing up the country’s deep-sea oil and gas exploration capabilities.

[Read more…] about Sea trials for first Chinese ultra-deepwater drilling ship

Filed Under: China, Drilling, drilling vessel, International projects

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