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1 day ago | 
splash247.com | Bojan Lepic
Singapore-based floater owner and operator Yinson Production has successfully structured and arranged a standby letter of credit and guarantee facility of $100m. The company added that the three-year facility, with options for extensions, expands Yinson Production’s “strategic financing toolkit to support the continuous growth” of the company.
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2 days ago | 
splash247.com | Bojan Lepic
Dutch subsea services specialist N-Sea Group has been awarded a contract to repair one of the four cables that connect the Gwynt y Môr offshore wind farm in the Irish Sea to the National Grid. The offshore wind farm has a capacity of 576MW and is located off the coast of Wales. The wind farm has 160 wind turbines of 3,6MW and has been in operation since 2013. GYM OFTO owns the transmission assets that connect the wind farm to the National Grid.
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2 days ago | 
splash247.com | Bojan Lepic
Rhode Island senator Sheldon Whitehouse and congressman Seth Magaziner are leading a bipartisan group of senators to ban offshore drilling along the coast of New England. New England consists of Maine, Vermont, New Hampshire, Massachusetts, Connecticut, and Rhode Island. All of the states have representatives supporting the bill except Vermont.
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2 days ago | 
splash247.com | Bojan Lepic
The UK government will invest £300m ($400m) through Great British Energy to strengthen the country’s offshore wind manufacturing capabilities and supply chains. The investment is expected to directly and indirectly mobilise billions in additional private investment, helping de-risk clean energy projects, supporting thousands of jobs, and revitalising the UK’s industrial heartlands.
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2 days ago | 
splash247.com | Bojan Lepic
Fake spares, reconditioned parts, parts recovered from recyc... So what are Chipolbrok doing this week that they haven’t bee...
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3 days ago | 
splash247.com | Bojan Lepic
Norwegian offshore vessel owner Olympic has won work for one of its anchor handling vessels from US supermajor Chevron. The US company hired the Olympic Zeus anchor handler and offshore construction vessel for work on the Agbami FPSO off Nigeria. According to a Breamar report, the vessel was hired for two months. The deal also includes extension options. The report claims that the contract started on April 20. The previous employment for the Olympic Zeus was a two-week spot deal with Aker BP.
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3 days ago | 
splash247.com | Bojan Lepic
Malaysian oil and gas company Petronas has signed 11 memoranda of understanding to strengthen the country’s oil and gas services and equipment sector. The MoUs, focused on two key initiatives, were signed through Malaysia Petroleum Management (MPM). The agreements leverage collaboration with industry players to enhance the performance of fabrication yards through modernisation and to cultivate a highly skilled local workforce.
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3 days ago | 
splash247.com | Bojan Lepic
Democratic Party Representative Salud Carbajal has reintroduced the California Clean Coast Act into the US Congress. The California Clean Coast Act would permanently ban future offshore oil and gas leasing in areas of the Outer Continental Shelf off the coast of California. The act was the first bill the congressman introduced as a member of Congress in an attempt to protect the state’s coast from offshore drilling and the devastating impact of oil spills.
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4 days ago | 
splash247.com | Bojan Lepic
The Royal Dutch Sea Rescue Society (KNRM) has stated that it evacuated two injured crewmen from an OSV that hit the base of an offshore wind turbine in the North Sea. The 1990-built Glomar Venture, owned by the Dutch offshore support vessel player Glomar, made a call for medical evacuation around 7 am local time on Easter Sunday. The incident took place approximately 15 miles from Callantsoog on the northwest coast of the Netherlands.
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4 days ago | 
splash247.com | Bojan Lepic
A total of 14 workers were injured after a fire broke out on Petrobras’ Cherne 1 platform (PCH-1) in the Campos Basin, some 130 km off Rio de Janeiro. Initially, Petrobras reported that one service provider suffered minor burns and was conscious, however, the number rose to 14 as more time passed. It was also stated that the man fell into the sea due to the accident. The state-owned giant stated that the worker rescued at sea was receiving hospital care and is stable.
