Focus on Offshore Oil, Gas and Renewables Operations

This week, we review an assortment of vessels representing the various sub-categories within the offshore sector, from construction/installation to maintenance support and extraction/processing. Newbuilds are entering service across a wide geographical scope stretching from Asia to Europe, the Middle East, and South America.

OSVs • Exploration • Extraction • Processing • Construction • Storage • Operations • Renewables

Our regular focus on the offshore industry would not be complete without a regular column from our anonymous insider Hieronymus Bosch. Readers are once again treated to his well-written opinions and insights on some of the most recent important developments in this ever-active sector.

Continue to visit Baird Maritime over the coming days for the latest in the offshore oil, gas, and renewables industries.

Vessel Reviews:

• Perro Negro 11 – Harsh-environment rig for Saipem's Middle East drilling activities
  
• Prosperity – ExxonMobil Guyana expands operations with third FPSO
• Ocean Energy – Irish operator takes delivery of offshore support tug
• Britoil Journey – Chinese yard delivers platform supplier to Singapore operator
• Rem Power – Rem Offshore acquires versatile walk-to-work vessel
• FPSO Bacalhau – Equinor to deploy new production platform offshore Brazil
  
• DMS Snipe – Renewables support workboat built for Arabian Gulf
  
• VESSEL REFIT | Dejing 106 – Cable-lay vessel upgraded to serve Chinese offshore wind market
  
• Grampian Tyne – UK's North Star adds hybrid newbuild to SOV fleet
  

Features and Opinion:

OPINION | State of emergency for Atlantic whales

– "Formerly conservative-minded entities have blindly accepted millions in hush money to go along with the green mafia's attempt to destroy the United States' energy independence."

– by Jim Lovgren, retired commercial fisherman

COLUMN | Cadeler merging with Eneti: Read the Small Print; where does US$66 million go? [Offshore Accounts]

– "To receive a similar 'change of control' bonus in 2023 for merging the two companies would be egregious, and it is exactly the sort of corporate governance that we have criticised in the past."

– by Hieronymus Bosch, Baird Maritime's anonymous insider in the world of offshore oil and gas operations

News and Gear:

• DOF rejects Subsea 7 merger offer
• Offshore Vessel News Roundup | June 22 – Dutch shallow-draught workboat, UK windfarm support craft and a South Korean installation jackup
• Spain's BlueFloat proposes four offshore wind sites in Philippine waters
• Cadeler, Eneti to form new offshore wind installation company
• Marine Projects Vessel News Roundup | June 16 – US and Dutch dredgers plus Chinese-built heavy transport and rock laying ships
• Offshore Vessel News Roundup | June 14 – UK and Estonian crewboats plus new anchor handler and supply vessel series
• MOL, Toyo Construction to put up offshore wind joint venture
• Distractions caused 2022 vessel collision off Louisiana coast, NTSB report finds

Recent Important Features:

COLUMN | Good news: salvage work on FSO Safer underway, Heroic Idun crew arrive home, Nigerian central bank governor arrested! [Offshore Accounts]

– "The Houthis have been using the laden FSO as a pawn in their battle with Hadi and the Saudis."

– by Hieronymus Bosch, Baird Maritime's anonymous insider in the world of offshore oil and gas operations

COLUMN | Saudi Arabia Update: OPEC, Ronaldo and NEOM – Oil, soccer and death sentences make macabre combination [Offshore Accounts]

– "Notice that there is a huge gap between the royal talk of breaking the kingdom's dependence on oil, and the reality of its utter dependence on oil revenues today, and its plans to increase oil output."

– by Hieronymus Bosch, Baird Maritime's anonymous insider in the world of offshore oil and gas operations

Remember to come back every day to see the latest news, opinion and vessel reviews!

Call for content!

Any news or views about the global offshore industry? Send it through to editor@bairdmaritime.com ASAP (between now and June 23), so we can add it to this current edition of Offshore Week!

We are after:

• Vessels – Orders, new deliveries, under construction
• Gear – Latest innovations and technology in the offshore vessel sector
• Interviews – Owners, operators, designers, builders etc.
• Reminiscences – Do you have any exciting, amusing or downright dangerous anecdotes from your time in the offshore world? (example here)
• Other – Any other relevant news

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