M3nergy Offshore News


World’s Largest Offshore Wind Farm Generates First Power

Feb 17, 2019

The first turbine of the 1,218-MW Hornsea 1 offshore wind farm in the North Sea, the world’s biggest such facility, has been installed and is now generating power.Matthew Wright, UK managing director of Danish energy group Ørsted A/S, described…

TAMS Acquires Two Marine Services Firms

Jan 23, 2019

Diversified marine and port services company TAMS Group has expanded outside of Western Australia with the acquisition of two Queensland-based marine services firms.TAMS announced Tuesday it has purchased marine services company MIPEC and diving-focused Taylored Offshore Services…

Africa's FPSO Market Destined for Growth

Dec 27, 2018

Despite the lingering volatility of global commodity prices, Africa's offshore oil and gas industry has continued to expand, albeit not as fast, opening up more market opportunities for floating production storage and offloading (FPSO) vessel manufacturers and suppliers…

BGP starts Cuba 2D multi-client survey

Nov 23, 2016

BGP Marine started a 2D multiclient survey, offshore Cuba, after signing a contract with Cuba-Petroleo Co. (CUPET). Map from BGP. The project comprises 25,000 km of 2D long-offset…

Eyes in the sky: Using aerial drones to power offshore operations

Nov 21, 2016

Drones can enhance the safety and efficiency of offshore oil and gas operations – but they require a strong, secure communications network to do so. Josh Parker of Rajant Corp. explains. Image…

Lundin terminates M3nergy FPSO deal

Aug 03, 2016

Lundin Petroleum terminated a US$265 million deal with M3nergy Investment for the sale of the Bertam floating production and storage offloading (FPSO) vessel after the Malaysian company failed to secure the required financing. The deal…

Bibby inks double vessel deal in North Sea

May 09, 2016

Bibby Offshore has entered into a multimillion dollar agreement for two of its vessels to provide first gas and construction support on its assets in the Southern North Sea. The contract, with an unnamed global energy provider, is due to be executed between Q3 and Q4 2016…

Lundin sells Bertam FPSO

Jan 22, 2016

Swedish exploration and production firm Lundin Petroleum is to sell the floating production vessel Bertam to Malaysian state-backed M3nergy for US$265 million. The deal, expected to complete in Q1, is subject to certain completion conditions…

Chevron onstream at Lianzi

Nov 02, 2015

Chevron subsidiary Chevron Overseas (Congo) began oil and gas production from the Lianzi Field, the company’s first cross-border project between the Republic of Congo and the Republic of Angola, offshore Africa. Map of Lianzi…

LR expands reach with new contracts

Aug 03, 2015

LR Senergy has been awarded a number of contracts worth a combined US$7 million in the Middle East, Europe and Asia.  The new contracts include work with Abu Dhabi Marine Operating Co. (ADMA-OPCO), the Kuwait Energy Co. and Dragon Oil These…

UK offshore wind still in lead

Jul 23, 2015

The UK will remain the leading offshore wind power market globally by 2025, with its installed capacity increasing from 4.5GW in 2014 to 23.2GW by the end of the forecast period, representing an impressive compound annual growth rate (CAGR) of 30…

Conversion work

Feb 04, 2015

Alan Thorpe recently paid a visit to Singapore’s shipyards. He gives a rundown of some of the current floating production and storage unit conversions underway in Singapore and in Malaysia. The…

Bentley touts SACS V5.7 benefits

Jan 28, 2015

Distributed offshore engineering users of SACS V5.7 are benefiting from the extended information mobility provided through the software’s integration with the ProjectWise project delivery solution as well as enhanced integration with both MOSES and AutoPIPE…

FoundOcean, BASF sign strategic agreement

Nov 11, 2014

FoundOcean and BASF signed a strategic agreement to aim to reduce the cost of and increase efficiency when installing offshore wind structures. BASF’s MasterFlow 9500 is the only product to have obtained the type approval certificate from certifying body DNV GL…

Dutch entrepreneurialism

Aug 01, 2014

Sander Vergroesen, IRO’s managing director  Dutch offshore suppliers are innovating to keep ahead, providing solutions in ever deeper and colder waters globally. IRO’s Sander Vergroesen spoke to Elaine Maslin…

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