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Wales’ Marine Test Center Expands Its Capabilities

Nov 24, 2022

Wales’ national marine test center, META, said Thursday it has upgraded its Marine License, so it can now accommodate more tidal turbines and larger mooring spreads, after successfully upgrading its Marine License. As the project moves into a new tranche of funding from the Swansea Bay City Deal…

Reygar’s DDPR System Installed on Windcat Workboats' Crew Transfer Vessels

Nov 17, 2022

Windcat Workboats, a crew transfer vessel provider for the offshore wind industry, has installed Reygar’s Digital Daily Reporting System, Digital DPR, across its entire fleet of over 50 workboats.'The Digital DPR (DDPR) app runs from a touchscreen…

Exxon's Record-breaking Q3 Profit Nearly Matches Apple's

Oct 28, 2022

Exxon Mobil Corp on Friday smashed expectations as soaring energy prices fuelled a record-breaking quarterly profit, nearly matching that of tech giant Apple. Its $19.66 billion third-quarter net profit far exceeded recently raised Wall Street…

EMEC Wraps Concept Design for 100MW Floating Wind Test Site Near Orkney

Oct 12, 2022

The European Marine Energy Centre (EMEC), located in Orkney, Scotland, has completed the concept design for a new 100 MW floating offshore wind test and demonstration site. The ocean energy test facility operator is seeking to secure a lease for a site ~20 km west of Orkney…

Digitalization: Schlumberger Launches Digital Platform Partner Program

Sep 19, 2022

Program encourages independent software vendors to build, market, and sell solutions and apps through Schlumberger digital platform.Schlumberger launched its Digital Platform Partner Program, designed allow independent software vendors (ISV)…

UK Allows Centrica to Reopen Rough Gas Storage Facility

Aug 31, 2022

Centrica's Rough gas storage site off England's east coast has received all the regulatory approvals to start storing gas again, Britain's oil and gas regulator said on Tuesday.Countries across Europe have been building gas stocks ahead of winter to prepare for disruptions to supply of Russian gas…

How Industry is Depending on Carbon Capture Tech for Climate Goals

Aug 29, 2022

Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertiliser-maker Yara's Dutch operation from 2025 in what they say is a commercial breakthrough for the business.The joint venture founded by oil firms Equinor…

Kongsberg Digital to Handle Floatel Internationals Digital Services

Jun 14, 2022

Floatel International will become a part of Kongsberg Digital's digital infrastructure Vessel Insight.Floatel is currently operating in the North Sea region, Australia, Gulf of Mexico and Brazil and have a fleet consisting of five semi-submersible accommodation and construction support vessels…

Saudi Aramco Sees 1Q Net Profit Soar 82%

May 16, 2022

Saudi state-owned oil producer Saudi Aramco on Sunday reported an almost 82% rise in first-quarter net profit, broadly in line with analyst forecasts, helped by strong oil prices.Aramco, which is at par with Apple Inc as the world's most valuable company…

Norway Oil Firms and Labor Unions Seek Mediation to Avert Strike as Wage Talks Break Down

May 05, 2022

Wage talks between Norwegian oil firms and three labor unions broke down on Wednesday and will switch to state-led mediation in a bid to prevent strike action by workers, the unions and companies said.If Norway's government-appointed mediator is unable to broker a deal…

International Marine Contractors Association Suspends Russian Members

Mar 11, 2022

The International Marine Contractors Association has suspended its Russian members from the association over Russia's invasion of Ukraine.IMCA CEO Allen Leatt said: 'We are all deeply saddened at IMCA by the events unfolding in Ukraine and the…

Exxon to Exit Russia, Leaving $4B in Assets, Sakhalin LNG Project in Doubt

Mar 02, 2022

ExxonMobil on Tuesday said it would exit Russia oil and gas operations that it has valued at more than $4 billion and halt new investment as a result of Moscow's invasion of Ukraine.The decision will see Exxon pull out of managing large oil…

MTL Launches App for FPSO Lightship Weight Management

Feb 17, 2022

Marine Technical Limits (MTL), a UK-based FPSO and marine integrity management and repair company, has launched its PYXIS Lightship technology that promises to help ship owners and FPSO / fixed asset operators better manage the lightship weight of their vessels…

Ørsted, Falck, BlueFloat Win Rights to Build Large Floating Wind Farms in Scotland

Jan 17, 2022

Ørsted, Falck Renewables, and BlueFloat Energy have won the seabed rights off the northeast coast of Scotland to an up to 1GW floating offshore wind site. This will be Ørsted’s first large-scale floating wind development project anywhere in the world…

New York Bight Offshore Wind Leasing: No Significant Impact on Environment, BOEM Says

Dec 16, 2021

The U.S. Bureau of Ocean Energy Management (BOEM) has completed its environmental review of potential impacts from offshore wind energy leasing activities in the New York Bight, a portion of the Atlantic Ocean located offshore New York and New Jersey…

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Record Offshore Wind Auction Required for UK to Meet Targets

Record Offshore Wind Auction R

First French Floating Wind Farm Fully Commissioned

First French Floating Wind Far

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