The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) Program, supported by the U.S. Department of Energy (DOE), has selected 10 projects to share $1.3 million for marine energy-related research.The projects have been selected…
Dutch company Enersea has designed a new walk-to-work system for Ampelmann, said to be especially suitable for offshore wind market.The newly-designed W-type is an electric gangway system developed for the Service Operation Vessel (SOV) market…
Italian engineering firm Rosetti Marino has completed the construction of jacket and topside for the Fenix wellhead platform, which are now en route to Tierra del Fuego in southern Argentina.Rosetti Marino built Fenix platform’s topside and…
The European Union has built 17 GW of new wind energy in 2023, with 3 GW of new capacity coming from offshore wind farms.The WindEurope data shows that Germany built the most new wind capacity followed by the Netherlands and Sweden. The Netherlands built the most new offshore wind…
Oil prices rose more than 2.5% on Friday as the United States and Britain carried out air and sea strikes on Houthi military targets in Yemen in response to attacks by the Iran-backed group on shipping in the Red Sea.The attack added to market…
ExxonMobil Guyana has unveiled that the Prosperity floating production storage and offloading (FPSO) unit, used in the Payara project, achieved background flare in 39 days, ahead of the 60-day target.Achieved ahead of schedule outlined in the project’s environmental permit…
The Danish Underground Consortium (DUC) has reached final investment decision (FID) to drill a new well on the Harald East area, located close to the Norwegian border, with the gas planned to be exported through the Tyra East facilities.DUC…
The Norwegian Offshore Directorate has released figures for 2023, saying production was somewhat lower than was expected a year ago.This is largely due to unplanned and extended maintenance shutdowns at multiple onshore facilities and fields…
The winners of an auction for oil exploration blocks off Guyana's coast were given until the end of the month to submit additional information requested by the government before awarding the contracts, the country's vice president said on Thursday…
As we enter a New Year, the memories of the shocks to the foundations to the U.S. offshore wind segment remain fresh. In short, supply chain inflation and capacity/availability, interest rate increases, and tax credit monetization have been…
Jumbo Offshore has been awarded a contract by MODEC for the pre-installation of the mooring spread of the FPSO Errea Wittu, which will be located at Uaru field offshore Guyana.The FPSO Errea Wittu will have the capacity to store 2 million barrels of oil…
An oil tanker caught up in a dispute last year between the United States and Iran was boarded by armed individuals off the coast of Oman on Thursday and appeared to have changed course towards Iran, according to UK maritime sources.The Marshall…
Swedish tidal energy company Minesto has completed the installation of subsea infrastructure and verified the launch and recovery procedures for the 1.2 MW tidal energy device that will soon be deployed offshore Faroe Islands.The device, dubbed Dragon 12…
Global Energy Group (GEG) has secured a contract from Subsea7 to fabricate subsea spools and anode sled structure for the East Kameleon project, an Aker BP North Sea field development. The work will be executed from the Port of Nigg, a multi-user energy facility in the Cromarty Firth…
Norwegian ocean services provider DeepOcean has acquired digital transformation company Btwn, growing its offering within digitalization and automation of subsea operations.DeepOcean has acquired 100% of the shares in Btwn – pronounced ‘between’…