Siemens Energy saw $6.3 billion wiped off its market capitalization on Friday after warning that the impact of quality problems at its Siemens Gamesa wind turbine business would be felt for years.The group scrapped its 2023 profit outlook late…
Fred. Olsen 1848 has introduced near and offshore floating technology it has named BOLETTE.The company says it has overcome the main challenge for floating solar, particularly in marine environments: how to handle wave loads in combination with wind…
BP and Orsted resolved a dispute over an overlapping zone in the UK North Sea between the BP-led Endurance carbon capture project and the Danish firm's planned Hornsea 4 windfarm, the companies said in a letter published by UK authorities.Britain…
Energy technology company Baker Hughes announced it has been awarded a contract by Eni and its partner Petroci for the Baleine Phase 2 project in Ivory Coast, Africa’s first Scope 1 and 2 net-zero emissions development.This award, which includes eight deep water trees…
A rising tide lifts all boats, as the saying goes, and while the offshore industry is currently experiencing a wide-ranging surge, there are vessel types and specific market segments that are expected to benefit more than others.One such segment is the offshore construction vessel (OCV) types…
TechnipFMC has signed a 20-year framework agreement with Chevron Australia under which TechnipFMC may provide Subsea 2.0 configure-to-order subsea production systems for gas field developments off Australia’s northwest coast.The agreement covers the supply of wellheads…
TCO, a supplier in advanced downhole chemical injection systems, announced the development and installation of the API 19CI Qualified FNR (Fall through protection, Non-return, Retrievable) injection valve.The installation, for a major Norwegian Operator…
BladeBUG, a UK-based robotics company which designs and develops spider-like repair robots for the wind industry, has has announced collaboration with non-destructive testing (NDT) specialist, FORCE Technology. The joint project will see FORCE…
Subsea cable maker JDR Cable Systems has won a contract to deliver, test and terminate the 66kV dynamic inter-array cables (IAC) for Qair’s 30MW floating offshore wind project Eolmed in the Mediterranean Sea, offshore France.The floating wind project…
Norwegian offshore services company Aker Solutions has won a contract with the oil and gas company Equinor to deliver the first Submersible Wireless Installer for Tubing (SWIFT™) for 18 tubing hanger installations on the Johan Castberg field…
Wave measurement specialist Miros has released a dual sensor for measuring directional wave spectra, developed for the offshore wind industry.The latest addition to the Miros wave radar series, called WaveFusion, according to the company, provides…
Offshore wind farm owner Northland Power has selected Subsea Europe Services as its partner for a pilot project in Summer 2023 at the Deutsche Bucht Offshore Wind Farm that will place autonomous marine survey and underwater inspection at the heart of its Operations & Maintenance (O&M) programs…
French seismic data firm CGG said Tuesday that its subsidiary Sercel had made a major sale of its GPR300 seabed nodal solution to Sinopec, the Chinese oil and gas exploration, refining, and distribution company. Over 6,000 nodes will be deployed…
Danish transmission system operator Energinet has awarded the Dutch offshore services firm Fugro a new contract to provide floating wind lidar measurements for five offshore wind projects in Denmark.Fugro will install and operate ten SEAWATCH Wind Lidar Buoys across three main locations…
Offshore services company DeepOcean has won a contract to provide post-lay trenching works on 30 kilometers of pipeline offshore Mexico. DeepOcean will execute the post-lay trenching works from the M/S Volantis subsea construction vessel, which is equipped DeepOcean’s high powered jet trencher UT-1…