Over the last few years, the energy trilemma has pivoted away from energy transition to energy security and affordability. As a result, offshore oil & gas exploration and production activity, including deepwater activity, has been relatively healthy. Construction, operational support and decommissioning activity has supported the deployment of large anchor handlers and MSVs.At the same time, the global floating offshore wind forecast has “moved to the right” due to cancelled projects…
NYK has jointly implemented a crew transfer vessel (CTV) newbuilding project that applies 3D technology as a core platform throughout the design and construction process.This project is being carried out in collaboration with Kosaba Shipbuilding Co…
SLB has signed an agreement between Petronas Suriname, a subsidiary of Petronas and Subsea Integration Alliance, comprising SLB OneSubsea and Subsea7.The partnership aims to unlock resources in Suriname’s emerging frontier basin through innovative and cost-effective subsea solutions…
Maraen has approved plans for more than $40 million (£30 million) investment for the upgrades at the Port of Nigg, following the integration of three energy businesses under a new brand.Maraen combines the capabilities of Port of Nigg, Global Energy (Group) and Global Energy Services…
Vestas has announced plans to build a nacelle and hub assembly factory in Scotland to support growing offshore wind demand in the U.K. and Europe.The proposed facility, with an investment exceeding $290 million, would manufacture nacelles and hubs for the company’s V236-15…
X1 Wind has received a Statement of Compliance for the basic design of its X100 floating offshore wind platform from classification society DNV, marking a key milestone in the development of the company’s floating wind technology.The certification…
A new study conducted at Vattenfall’s Aberdeen offshore wind farm found no confirmed bird collisions during 19 months of monitoring, suggesting seabirds largely avoid turbine blades.The research was carried out in collaboration with biodiversity…
Germany’s Ernst Russ has acquired two multi-purpose vessels, MV Ronnie and MV Charlie, as part of its long-term fleet strategy to expand exposure to the project cargo segment and strengthen predictable earnings.The Hamburg-based shipowner said…
Saipem has been awarded an additional offshore contract (Contract Release Purchase Order or CRPO) in Saudi Arabia under its existing Long-Term Agreement with Aramco.Saipem’s scope of work includes the Engineering, Procurement, Construction and Installation (EPCI) of a 48inch trunkline…
Jifmar Group and Seavium have formalized a strategic partnership to deploy digital and artificial intelligence (AI) driven capabilities across Jifmar’s fleet and internal workflows, as offshore operators accelerate adoption of data-driven operations…
The Singapore Institute of Technology (SIT) and offshore and marine engineering group Seatrium have launched an Offshore & Marine Digital Learning Lab at SIT’s Punggol Campus, aimed at accelerating maritime digitalization and supporting the energy transition…
Researchers from the Technical University of Denmark have highlighted that taking a comprehensive view of the chemical composition of potential fluids leaking from geological CO2 storage reservoirs raises new questions about the potential risks…
Chevron plans to close a deal to sell its oil refining and distribution assets in Singapore in the first quarter of the year as it engages in a final round of talks with Japanese refiner Eneos and Glencore, four sources with knowledge of the matter said…
Portuguese energy firm Galp will focus on growing its upstream business from oilfields in Brazil and Namibia and may list parts of its newly formed downstream business in a couple of years, its co-chief executive Joao Diogo Marques da Silva told Reuters on Tuesday…
Japanese trading house Mitsui & Co and its partners are considering using smaller turbines and delaying the start of construction at their offshore wind farm project in Niigata in northern Japan, a Mitsui spokesperson said on Tuesday.The Mitsui-led consortium…
Subscribe
