Industry News


Wagenborg Installs Shore Power Connection on Kroonborg Vessel

Jan 19, 2024

Wagenborg Offshore has installed and commissioned a shore connection system on the Kroonborg walk-to-work (W2W) vessel in collaboration with NAM/Shell UK, and the support of Dutch province of North Holland.The shore power system was developed and engineered by Dutch company Eekels Technology…

Worley Cuts First Stell for Aker BP’s Valhall PWP-Fenris Project

Jan 19, 2024

Worley Rosenberg in Norway has started construction of platform module for the Valhall PWP-Fenris project, being developed by Aker BP and its partners in the Norwegian part of the North Sea.On January 2, 2024, the first steel cut for the utilities…

N-Sea Boosts Fleet with Aquarius-G Subsea Service Vessel

Jan 19, 2024

Subsea solutions provider N-Sea Group has entered into an agreement with Rederij Groen for long-term charter of the vessel Aquarius-G, an offshore support vessel (OSV) built in 2016.With the length of 68.04 meters, 14.95 meters beam and a draught of 5 meters…

Magnora Separates FPSO from Renewables Business

Jan 19, 2024

Oslo-listed company Magnora has decided to separate its legacy business, the divested segment related to floating production storage and offloading (FPSO) units for oil and gas industry, from its renewables business, with significant activity in the offshore wind industry…

Odfjell Technology Set to Upgrade Heidrun FSU

Jan 19, 2024

Odfjell Technology has secured a contract from OSM Thome to provide upgrade and modification services on the Heidrun B Floating Storage Unit (FSU), owned by Equinor and partners.Under the contract, Odfjell Technology will provide engineering…

Endiprev Steps Up Its Offshore Wind Game with Vineyard Job

Jan 19, 2024

Endiprev has strengthen its international profile after becoming the lead engineering services provider for the 806 MW Vineyard Wind 1 project - USA’s first utility-scale offshore wind energy project.The Texas-headquartered company delivers…

ABB to Deliver Electrical System for ExxonMobil’s Errea Wittu FPSO

Jan 19, 2024

Singapore’s Offshore Frontier Solution – a joint venture between MODEC and Toyo Engineering Corporation – has awarded ABB a contract to deliver a complete electrical system and associated digital solutions for Errea Wittu floating production storage and offloading (FPSO) unit…

100 Odfjell Drillers on Equinor’s Mariner Platform to Go on 3-Month Strike

Jan 18, 2024

UK-based workers' union Unite confirmed on Thursday that around 100 offshore drillers employed by Odfjell Technology and working on Equinor’s Mariner platform are set to strike over three months to secure improvements to working rotas.Unite members voted unanimously in favor of strike action…

US DOE Launches $14.5M Marine Energy Research Call

Jan 18, 2024

The U.S. Department of Energy's (DOE) Water Power Technologies Office (WPTO) and Wind Energy Technologies Office (WETO) have released a $14.5 million funding opportunity to support foundational research at higher education institutions related to marine renewable energies…

WoodMac: Asian LNG Demand Could Rise 5% in 2024

Jan 18, 2024

Asian liquefied natural gas (LNG) demand is projected to increase by 5% at 12 million tons (Mt) in 2024, following a 2% at 5 Mt growth in 2023, according to the most recent report by Wood Mackenzie.China, the world’s largest LNG import market…

Norway's METCentre Invites Bids for Floating Wind Test Berth

Jan 18, 2024

Marine Energy Test Centre (METCentre) in Norway has launched a tender process for companies or consortia looking to test their floating offshore wind technology.The test center for floating offshore wind METCentre has an available berth, located outside of Karmøy on the west coast of Norway…

Equinor Awards $143M Contract for Snøhvit Future Project

Jan 18, 2024

On behalf of the Snøhvit partners, Equinor has awarded a construction and installation contract to Leonhard Nilsen & Sønner (LNS) to build a tunnel and landfall for the project expected to strengthen Norway’s position as a long-term supplier of gas produced with very low greenhouse gas emissions…

Valeura Gears Up for Busy Year in Gulf of Thailand

Jan 18, 2024

Canada-based oil and gas company Valeura Energy has announced plans to invest around $8 million in 2024 for new exploration within its Gulf of Thailand licenses, with opportunities identified in Wassana North, Nong Yao D, and the Ratree Prospect…

Saudi Arabia Unveils Oil Platform-Inspired Adventure Tourism Rig

Jan 18, 2024

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), has launched the masterplan for THE RIG – a world-first adventure tourism destination to be built on an offshore platform in the Arabian Gulf.The vision for THE RIG project…

Woodside Funds Rice-Led Cold Plasma Project

Jan 17, 2024

Rice University and Woodside Energy have announced a five-year technology collaboration aimed at reducing greenhouse gas emissions and providing lower carbon solutions. Woodside will provide $12.5 million to fund the creation of the Woodside-Rice Decarbonization Accelerator…

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