Offshore Energy News


X1 Wind's Floater Concept Ready for Testing

Aug 02, 2022

Technology developer X1 Wind said it has laid its dynamic cable clearing way for final installation of its fully functional floating wind prototype at the PLOCAN Test Site, in the Canary Islands.Having installed the modular concrete gravity anchoring system last spring…

TechnipFMC Wins Contract for Gas to Energy Project in Guyana

Aug 02, 2022

Oilfield services firm TechnipFMC announced it has been awarded a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited for the Gas to Energy Project in Guyana.Subject to final project sanction, TechnipFMC will provide engineering…

US DoE Funds Marine Energy Projects

Jul 29, 2022

The U.S. Department of Energy (DOE) recently announced $12 million for 12 hydropower and marine energy projects as part of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) program.These small business-led projects…

Odd Job Multiphase Boosting for OneSubsea, Subsea 7

Jul 28, 2022

OneSubsea and its alliance partner, Subsea 7 have won an engineering, procurement, construction and installation (EPCI) contract on Kosmos Energy's Odd Job field in the US Gulf of Mexico.Through the EPCI contract with Kosmos, OneSubsea, the subsea technologies…

James Fisher and NMDC Ink Deal to Partner on Marine and Subsea Projects

Jul 27, 2022

UK-based James Fisher and Sons plc and Abu Dhabi’s NMDC Group, an engineering, procurement and construction company working in the marine construction and oil and gas industries, have signed a memorandum of understanding to collaborate on projects…

Oceaneering Wins ROV Service Contract Offshore Brazil

Jul 27, 2022

Oceaneering International on Wednesday announced its Subsea Robotics segment has been awarded a service contract supporting Petrobras projects off the coast of Brazil. The contract is for four years plus options to extend.The Houston-based engineering…

EMGS Gets Prefunding for a Multi-client Survey Offshore East Canada

Jul 25, 2022

Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) on Monday announced it secured $2 million in prefunding for a multi-client survey offshore Newfoundland and Labrador.The acquisition is expected to take place in late third quarter 2022…

Magseis Fairfield Awarded OBN Contract in Gulf of Mexico

Jul 25, 2022

Magseis Fairfield said on Monday it has been awarded an OBN project in the Gulf of MexicoThe Norwegian company last month revealed it had been awarded the conditional contract, and today confirmed the deal has been executed.The project is scheduled…

CorPower Ocean Delivers First Commercial-scale Composite WEC H

Jul 25, 2022

CorPower Ocean has teamed up with composite machinery specialist Autonational and composite tank experts CPT Tankwell to  develop its first commercial-scale hull in Viana do Castelo (Portugal), using a custom-built machine, installed inside an environmentally controlled work cell…

Production from Nigeria's Ikike Field to Start

Jul 25, 2022

TotalEnergies, OML99 operator (40%) in partnership with the Nigerian National Petroleum Corporation (NNPC, 60%), announces the start of production from the Ikike field, in Nigeria.Located 20 kmoff the coast, at a depth of about 20 meters, the…

BW Offshore Transfers Ownership, Operation of FPSO to Pemex

Jul 25, 2022

BW Offshore Limited announced that, effective July 22, 2022, Pemex has assumed the ownership and operation of the FPSO Yùum K’ak Náab in accordance with the terms of the 15 year FPSO financial lease contract that commenced in 2007.Following the transfer…

First UK-Germany Power Link Gets Financial Green Light

Jul 21, 2022

A financial agreement was reached on Thursday to build the first power cable linking Britain and Germany, with construction set to begin later this year as the two countries work to reduce dependency on Russian gas and increase the use of green energy…

Floating Wind: DemoSATH Floater Launched in Spain (VIDEO)

Jul 20, 2022

Spanish offshore engineering firm Saitec Offshore Technologies and renewables giant RWE on Wednesday marked the completion and the launching operation of their DemoSATH floating wind unit. SATH Technology is based on a concrete platform concept with a plug-and-play Single Point Mooring…

Bombora Making Progress with 'World’s Most Powerful' Wave Energy Converter

Jul 19, 2022

Bombora Wave Power said this week it was entering the final test and assembly phase of the 1.5MW Pembrokeshire Demonstration Project, as it prepares to validate what it says is the world’s most powerful Wave Energy Converter.'Rigorous testing…

Technip Energies, X1 Wind, Partners to Deliver Important Floating Wind Project

Jul 18, 2022

The European Commission has chosen Technip Energies, X1 Wind, and a consortium of ten international entities, to deliver the NextFloat project, a program aimed at accelerating industrial-scale floating wind.NextFloat project's main objectives are to demonstrate a competitive…

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