Engineering News


Tidal Energy: Minesto Doubling Electricity Production Capacity of its Faroe Islands Site

Dec 22, 2022

Tidal energy developer Minesto said Thursday it had installed additional offshore infrastructure in Vestmannasund, Faroe Islands, to double electricity production from two Dragon 4 (100kW) tidal energy power plants in an array set-up.The company…

CIMC Orders NOV Design, Equipment for Havfram's Offshore Wind Installation Vessel

Dec 21, 2022

NOV has signed contracts with China's CIMC Raffles to design and equip a self-propelled wind turbine installation jack-up vessel for the Norwegian offshore wind services company HavframNOV, until recently known as National Oilwell Varco, will…

Study Launched for Multi-GW Scale Offshore Hydrogen Production in Dutch North Sea

Dec 20, 2022

Danish engineering group Ramboll will investigate the feasibility of producing hydrogen offshore at a multi-gigawatt scale with NortH2 in the Dutch part of the North Sea.The NortH2 consortium, consisting of Eneco, RWE, Equinor and Shell, in partnership with Gasunie…

Petrofac to Post Operating Loss for the Year Due to Increased Engineering Costs

Dec 20, 2022

Oilfield services provider Petrofac Ltd on Tuesday forecast an annual operating loss of about $100 million due to challenges in recovering costs in its engineering and construction (E&C) division. The group expects E&C, its largest division…

Norwegian Construction Firm Sets Sights on Offshore Wind

Dec 19, 2022

Norwegian construction firm Veidekke said Monday it has set its sights on the offshore wind market, with the company planning to become a key part of the value chain for floating offshore wind.The company said it was already participating in…

DNO Buys 10% Stake in Berling Offshore Project. PDO Planned by Year End. Brasse Plans Delayed

Dec 19, 2022

The Norwegian oil and gas company DNO said Monday it had acquired an additional 10 percent stake in the Berling field development project from Sval Energi AS. DNO now owns a 30% stake in the 2018 gas and condensate discovery, previously known as Iris Hades offshore Norway…

Aibel Wins $706M Deal to Build Unmanned Offshore Platform 'Of the future'

Dec 16, 2022

Oil and gas company Aker BP has awarded Aibel, a Norwegian engineering and construction firm, a contract worth around 7 billion crowns ($706,1 million) to build the Munin offshore platform (formerly Krafla) in the Yggdrasil area, offshore Norway…

South Korea: Hanwha Group Inks Deal to Take Over Daewoo Shipbuilding

Dec 16, 2022

South Korea's Hanwha Group has signed an agreement to take over Daewoo Shipbuilding & Marine Engineering, Daewoo Shipbuilding said in a regulatory filing on Friday. The deal comes after the two parties signed a tentative agreement in September in which affiliates of Hanwha Group…

OKEA Step Closer to Powering Draugen Offshore Platform from Shore

Dec 15, 2022

Norwegian offshore energy engineering and construction company Aker Solutions has signed a Letter of Intent (LOI) with the oil firm OKEA for the electrification of OKEA's Draugen offshore platform.  The Draugen oil field sits in about 250 meters of water…

Dutch Company Launches Wind Turbine Foundation Installation Vessel Design

Dec 15, 2022

Vuyk Engineering Rotterdam has launched a design for a new offshore wind foundation installation vessel (FIV), called VERticale, in response to ever-growing wind turbines needing larger foundations.'VERticale is developed for an optimized deck layout…

Technip Energies to Design Mega Floating Offshore Wind Project

Dec 15, 2022

Italian renewable developer Renexia has selected France's Technip Energies to study and design key elements of one of the world's biggest floating offshore wind farms, the French engineering group said on Thursday. The French group, which this…

Saipem Bags $1.2B Worth Offshore Oil Field Contracts in Guyana and Egypt

Dec 15, 2022

Italian energy industry services company Saipem has secured offshore oil and gas field construction contracts in Guyana and Egypt worth about $1.2 billion in total.In Guyana, the U.S. oil major ExxonMobil has hired Saipem to support its Uaru offshore oil field development project…

16,000t Jacket Completed for Azeri Offshore Platform Project

Dec 14, 2022

Oil major BP said Tuesday that the jacket of the Azeri Central East (ACE) platform built at the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) was ready for load-out to sail away to its permanent location in the ACG contract area in the Caspian Sea…

EEW-AOS to Build Monopiles for Atlantic Shores Offshore Wind Farm Off New Jersey

Dec 13, 2022

U.S. offshore wind developer Atlantic Shores, a 50:50 partnership between Shell and EDF, has executed a Pre-Commitment and Capacity Reservation Agreement (PCCRA) with EEW American Offshore Structures Inc. (EEW-AOS) to serve as the manufacturing company for monopiles on its 1…

Hartshead Taps Petrofac for North Sea Platform, Pipeline FEED

Dec 13, 2022

UK North Sea-focused Hartshead Resources has awarded Petrofac two contracts in respect of the platforms FEED contract for Harshead's Anning and Somerville unmanned minimum facilities jackets and topsides and the subsea FEED contract for the…

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