Offshore News

Report: Offshore Wind Pipeline Has Jumped 50 Percent Since January

By The Maritime Executive 10-30-2020 07:42:14

This week, the wind energy trade association RenewableUK released a report showing that new project decisions have increaseed the...

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In a First, Exxon Posts Three Quarterly Losses in a Row

By The Maritime Executive 10-30-2020 02:34:34

In its third quarter results released Friday, ExxonMobil announced losses of about $680 million, and it flagged a major risk for t...

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Siem Offshore Offers Bleak Industry Outlook Before Bondholder Meeting

By The Maritime Executive 10-29-2020 08:30:29

Siem Offshore offered a bleak outlook for the offshore industry as it reported its current financial situations. Seven years...

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Half of U.S. Gulf of Mexico Oil Output Shut In as Hurricane Zeta Nears

By The Maritime Executive 10-27-2020 09:03:26

As Hurricane Zeta approaches the U.S. Gulf Coast, offshore oil and gas operators in the Gulf of Mexico have begun drawing down per...

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OSV Collides with Oil Rig, Sending 125 Workers Into Ocean

By The Maritime Executive 10-27-2020 03:20:35

A service vessel collided with an oil platform in Malaysia this morning, killing two workers aboard the vessel. A coordinated air...

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Equinor Expects Hammerfest LNG Plant Fire Repairs to Take up to a Year

By The Maritime Executive 10-26-2020 06:24:03

A month after a fire caused an emergency shutdown of operations at Equinor's Hammerfest LNG plant, the company now says the pl...

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Safety Audit Reveals Breaches at Equinor's Offshore Grane Oil Field

By The Maritime Executive 10-26-2020 03:51:59

A safety audit of the North Sea oil field known as Grane revealed serious regulatory breaches, according to Norway’s Pe...

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Gulf of Mexico Energy Industry Faces Another Hurricane

By The Maritime Executive 10-26-2020 12:22:42

The Gulf of Mexico's oil and gas industry is set to weather yet another tropical storm - Zeta, the 27th named storm of the sea...

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Van Oord Buys Into Estonian Offshore Wind Farm Project

By The Maritime Executive 10-21-2020 09:28:45

Dutch maritime contractor Van Oord announced Tuesday that it has concluded its agreement to buy a stake in Estonian offshore wind...

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Solstad Offshore Completes Restructuring as Sector Struggles

By The Maritime Executive 10-20-2020 06:20:12

Hard hit by an extended downturn in the offshore oil service sector, many of the leading companies have been forced into restructu...

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