The 2 MW Floatgen floating wind turbine, the first wind turbine installed offshore France, more than doubled its power production in the second half of 2019 compared to the first semester, reaching an annual total of 6GWh.According to the developer Ideol…
BW Offshore, a provider of floating production services to the oil and gas industry, has signed an extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A.The contract is extended until end Q4 2020, with options until Q4 2021…
The floating production systems market worldwide is projected to grow by US$85.1 Billion, driven by a compounded growth of 19.5%.Floating production storage offloading (FPSO), one of the segments analyzed and sized in this study, displays the potential to grow at over 19…
The largest floating wind turbine in the world, an 8.4-megawatt (MW) ABS-classed offshore wind turbine, is about to be installed.ABS has classed the semi-submersible floating wind turbine is the first of three classed by ABS and designed by…
Brazil continues to drive global floating production storage and offloading vessels (FPSOs) deployment with 21 planned and announced FPSOs during the period 2019 to 2025, according to GlobalData.Brazil is expected to deploy a total of 11 planned and ten announced FPSOs by 2025…
Perth-based Transborders Energy has signed a memorandum of understanding (MoU) for collaboration with Japan's Osaka Gas.The MOU will facilitate information and knowledge sharing for both companies to evaluate projects that could commercialize…
Brazil will also lead globally on crude production capacity through upcoming floating production storage and offloading (FPSO) vessels with 2,430 thousand barrels per day (mbd) between 2019 and 2025.A total of 20 planned and announced floating…
Monterey Bay Community Power (MBCP) and Floating wind power developer Castle Wind, a joint venture between Trident Winds and EnBW North America, have signed a memorandum of understanding (MOU) to enter into a future, long-term power-purchase…
Prosafe SE, the owner/operator of semi-submersible accommodation vessels, said has signed a contract with Total E&P UK Limited for the Safe Caledonia flotel to provide accommodation support at the Elgin complex in the UK sector of the North Sea…
Malaysia's Floating, Production, Storage and Offloading (FPSO & FSO) service provider Yinson Holdings Berhad said that it has secured a two-month extension for its Lam Son FPSO for operations within the Lam Son field, offshore Vietnam.'The…
Williams, the provider of large-scale infrastructure connecting U.S. natural gas and natural gas products to growing demand for cleaner fuel and feedstocks, acquired a deepwater natural gas pipeline system that connects offshore output to its Mobile Bay processing plant…
Japanese engineering giant Hitachi Zosen Corp and French marine renewables technology outfit Naval Energies will work together in the field of floating wind power.The French marine renewables specialist said in a press release that the two…
Dutch-based global group SBM Offshore said that its FPSO, Liza Destiny, destined for ExxonMobil’s Liza field in Guyana, was named at Keppel Shipyard in Singapore.“This is a very special vessel, which will be the first to operate offshore Guyana…
Teekay Offshore Partners, midstream services provider to the offshore oil production industry, said that the agreement with Alpha Petroleum signed in October 2018 for Teekay’s Petrojarl Varg vessel to operate on Alpha’s 100%-owned Cheviot field was terminated…