Toyo Engineering News


ST Engineering Inks Deal to Build W2W Vessel

Jan 13, 2025

ST Engineering has signed a shipbuilding contract for the design and construction of a Walk-to-Work (W2W) vessel for an unnamed oil and gas company.The contracts marks ST Engineering’s expansion into the market for specialized vessels supporting offshore operations…

KENC to Outfit Jack-Up Vessel Bound for Work at UK Offshore Wind Farm

Dec 19, 2024

KENC Engineering has secured multiple contract awards from an unnamed transport and installation (T&I) contractor to provide engineering work for a jack-up vessel set for operations at U.K. offshore wind farm.KENC’s scope of work includes the…

Toyo Buys SMD’s ROV Trencher for Japan’s Offshore Wind Sector

Dec 19, 2024

Toyo Construction has acquired a trenching ROV from underwater technology and services company SMD, as part of its investment strategy aimed at Japan’s emerging offshore wind sector.The ROV will form part of Toyo’s expanding fleet of assets…

ABL Expands Its FPSO Expertise with Latest Acquisition

Dec 05, 2024

ABL Group has entered into an agreement to acquire Brazil-based naval architecture and engineering consultancy Proper Marine, increasing its expertise in floating production storage and offloading (FPSO) sector.Proper Marine will be merged with ABL’s design and engineering arm Longitude…

BP Puts Wood in Charge of Engineering Scope for Capital Projects

Dec 05, 2024

Consulting and engineering firm Wood has signed three major agreements with BP to provide engineering and project delivery services for its capital onshore and offshore projects worldwide.The contracts cover a new master services agreement (MSA) for Engineering…

TechnipFMC to Deliver Subsea Production Systems for BP’s Kaskida Field

Oct 08, 2024

Oilfield services company TechnipFMC has secured an integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract from BP for its greenfield Kaskida development in the Gulf of Mexico.The contract, valued between $250 million and $500 million…

ABS to Class and Verify Semisub Production Unit for BP’s Kaskida Project

Sep 11, 2024

American Bureau of Shipping (ABS) has secured a contract from BP to provide classification and engineering verification services for the semisubmersible production unit that will be deployed at Kaskida project in the U.S. Gulf of Mexico.ABS…

BP Picks Designers for Kaskida FPU in the US Gulf of Mexico

Aug 21, 2024

BP has selected Exmar Offshore and Audubon Engineering Company to complete engineering and design of a floating production unit (FPU) destined for the British supermajor's deepwater Kaskida development in the U.S. Gulf of Mexico.Exmar Offshore…

Longitude to Assess Condition of Warda Platform Offshore Egypt

Jun 27, 2024

Engineering consultancy Longitude Engineering, a branch of Oslo-listed ABL Group, has been appointed by Egypt’s PETROSAFE to deliver a Fitness for Future Service assessment on the Warda platform offshore Egypt.The Warda platform is a four-leg…

Ponticelli Scoops Major EPC Services Contract with Azule Energy

Jun 20, 2024

Ponticelli Angoil has been awarded an engineering, procurement, and construction (EPC) services contract by oil and gas company Azule Energy for work offshore Angola.Ponticelli’s UK-based consortium, PBS, will provide expert engineering and procurement services support on this three-year contract…

Xodus Launches Dedicated Renewables Engineering Arm

Jun 17, 2024

Global energy consultancy Xodus has created a new dedicated renewables engineering arm Evolv Energies to strengthen its capabilities in the offshore markets.Evolv Energies has been formed to deliver a broader engineering service as developments ramp up globally…

Bardex Mooring System Takes Home Woelfel BMEA Award

May 31, 2024

U.S.-based engineering company Bardex has won the 39th Annual Woelfel Best Mechanical Engineering Achievement Award for its Off Vessel Tensioning (OVT) BarLatch mooring system.The American Society of Mechanical Engineers (ASME) confers the prestigious award to recognize a product…

MODEC Secures ClassNK’s AiP for TLP-Type Floating Wind Turbine

May 21, 2024

MODEC and Toyo Construction have jointly secured an approval in principle (AiP) from ClassNK for floating structure and tether system with tether pile foundation for tension leg platform (TLP)-type floating offshore wind turbine.The acquisition…

MODEC Picks TMC Compressors for Errea Wittu FPSO

Apr 03, 2024

TMC Compressors (TMC) has secured a contract to supply a large capacity marine compressed air system to MODEC’s FPSO Errea Wittu, set for deployment at ExxonMobil’s Uaru field offshore Guyana.TMC said it will manufacture and assemble the equipment in Europe…

Maurizio Coratella Named McDermott COO

Apr 02, 2024

McDermott has appointed Maurizio Coratella to be Executive Vice President and Chief Operating Officer effective May 1, 2024.In his new role, Coratella will apply his more than three decades of industry leadership and engineering and construction…

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