• SOFEC CEO to retire

    Rick Hall, CEO of SOFEC, a company providing mooring systems for the international offshore oil and gas industry, has decided to retire.


  • Crowley and ESVAGT to develop SOVs for US...

    As the United States moves forward rapidly to develop the offshore wind energy market, there is an emerging opportunity for U.S.-flagged vessels to support the industry. U.S.-based Crowley and Danish shipping company ESVAGT are forming a partnership to meet the need for service vessels.  The venture will work to develop a best-in-class design and deliver wind-dedicated, U.S.-flag Service Operation Vessels (SOV).


  • Guyana to see record number of offshore wells...

    Guyana, a country that has become a deepwater oil and gas exploration hotspot mostly due to a string of discoveries made by ExxonMobil in recent years, is set for a record year when it comes to the number of offshore wells expected to be drilled in 2021, Rystad Energy said in a report Friday.


  • Edda Wind prepares for an IPO as it grows its...

    As it moves forward with plans for an IPO, offshore wind services firm Edda Wind has ordered two commissioning service operation vessels (CSOVs), adding to a series of four which are already under construction. The hybrid-powered ships are intended to accept later installation of hydrogen-fueled power sources, giving the operator a measure of future-proof security. 


  • Tidewater names CFO, COO

    U.S. offshore support vessel company Tidewater has announced the promotion of two key members of the company’s executive team, Sam R. Rubio and David E. Darling, to the positions of Chief Financial Officer and Chief Operating Officer, respectively.



Equinor contracts Seadrill drillship West Saturn

Offshore drilling contractor Seadrill said it has secured a four-year firm contract with four one year options for the West Saturn drillship with Equinor Brasil Energia Ltda for work on the Bacalhau field in Brazil.