Latest News - page 505


TDI-Brooks Breaks Ground on New Technical Building

Sep 06, 2023

TDI-Brooks announced it has broken ground on a new 16,000 square foot technical building at its headquarters in College Station, Texas, north of of Houston.The building is designed with 5,000 square feet of new office space along with technical work spaces…

Floating Wind: What Opportunities Exist for Installation Companies and Vessel Owners?

Sep 06, 2023

Global floating wind capacity will have grown from less than 200 MW at the end of 2022 to around 61 GW of grid connected capacity by 2035. This activity will require over $250 billion in capital expenditure. Over 75% of the forecast activity is expected to come from four countries…

Greek Cable Maker Selected for Polish Offshore Wind Farm Work

Sep 06, 2023

Cenergy Holdings cables branch Hellenic Cables has signed a contract for the supply of export cables for the Baltica 2 offshore wind project in Poland.Under the contract awarded by Denmark's Orsted and Poland's PGE, Hellenic Cables will supply 148km 275kV export cables with XLPE insulation…

ABS Approves Bumi Armada's Floating Concept for Carbon Storage and Injection

Sep 06, 2023

The American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) for Bumi Armada’s pioneering design for a floating carbon storage and injection unit (FCSIU).Bumi Armada’s FCSIU concept is a floating terminal capable of storing…

US Offshore Wind Projects Seek Looser Subsidy Rules in Fight for Survival

Sep 06, 2023

A fleet of U.S. offshore wind projects central to President Joe Biden's climate change agenda may not move forward unless his administration eases requirements for subsidies in the year-old Inflation Reduction Act, according to project developers…

Thailand Regasification Capacity to Nearly Double by 2030 - PTT

Sep 06, 2023

Thailand's annual gas regasification capacity will nearly double by the end of the decade as liquefied natural gas (LNG) imports are set to rise to replace declining domestic production, a senior executive at energy company PTT said on Tuesday…

GHG Emissions from UK Offshore Oil and Gas Sector Dropped 3% in 2022, NSTA Says

Sep 06, 2023

Greenhouse gas emissions from UK offshore oil and gas production were cut for the third consecutive year in 2022, the UK North Sea Transition Authority said Tuesday.'Last year’s estimated 3% reduction contributed to a 23% drop in greenhouse gas emissions between 2018 and 2022…

Danish Supreme Court Fules Against Maersk and TotalEnergies in Tax Case

Sep 06, 2023

Denmark's supreme court on Wednesday ruled against Maersk and TotalEnergies in a tax case involving the alleged misuse of transfer pricing in the companies' business in Algeria and Qatar.The case was filed by the Danish tax authorities saying that Maersk's oil unit…

Narve Hansen to Lead Norway´s First Offshore Wind Accelerator

Sep 06, 2023

Norwegian Offshore Wind has hired former Antler director Narve Hansen to lead the work with Norway´s first offshore wind accelerator.  'My vision is to bring the industry together to shed light on the most critical challenges in offshore wind…

SHI Touts 'Eco-Friendly' Strategies at Gastech '23

Sep 06, 2023

At Gastech 2023, Samsung Heavy Industries (SHI) offers a separate 216 sq. m. exhibition hall at the Singapore Expo venue showcasing its technological developments in LNG and LCO2 transport vessels, centered around the FLNG (Floating Liquefied Natural Gas Production Facility) models…

BP Taps DORIS for Offshore Wind Engineering Services

Sep 06, 2023

Offshore engineering firm DORIS has been awarded a framework agreement by BP to provide engineering services to BP’s offshore wind projects.This framework will see DORIS support BP globally.Across the five-year agreement, DORIS will provide engineering for scopes such as concept development…

Plotting Russian Exit, Wintershall Dea Says Remaining Business is Strong

Sep 06, 2023

German oil and gas producer Wintershall Dea on Wednesday tried to assuage fears that the hit from its planned Russian exit could be too painful, saying its remaining operations were strong and stable. Chief Executive Mario Mehren told Reuters that the company considered its Germany…

Port of Nigg in Scotland Selected for Marshaling Transition Pieces for Moray West Wind Farm

Sep 06, 2023

Offshore wind developer Ocean Winds has selected the Port of Nigg in the Cromarty Firth, Scotland, owned and operated by Global Energy Group (GEG), as the location for marshaling all 62 transition pieces (TPs) prior to installation as part of the Moray West offshore wind farm…

Polish Firm to Become Operator of Barents Sea CO2 Storage License

Sep 06, 2023

Norwegian carbon storage specialist Horisont Energi and the oil and gas firm PGNiG Upstream Norway (PUN), part of Poland-based ORLEN Group, have signed a Letter of Intent (LoI) whereby PUN aims to enter as partner and operator in the only CO2 licence in the Barents Sea - Polaris…

Orsted CEO Says Abandoning US Wind Projects a 'real option'

Sep 06, 2023

Denmark's Orsted, the world's largest offshore wind farm developer, is prepared to walk away from projects in the U.S. unless the Biden administration guarantees more support, Bloomberg News reported on Tuesday, citing the company's CEO. 'We are still upholding a real option to walk away…

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