Cierco Energy and Marine Power Systems (MPS) have signed a memorandum of understanding (MoU) as a first step towards the deployment of MPS’ PelaFlex technology in one of the Llŷr Test and demonstration projects in the Celtic Sea.The MoU formalizes the strategic partnership…
SBM Offshore’s Jaguar floating production, storage and offloading (FPSO) unit, bound for deployment at ExxonMobil’s field off Guyana, has entered the drydock at Seatrium yard in Singapore.The drydocking represents a major new forward in the delivery of the FPSO…
NKT has selected Helix Robotic Solutions as the partner for operating its new T3600 subsea trencher, said to be the world’s most powerful trencher, which will become operational in 2027.NKT has entered a long-term cooperation and frame agreement with UK-based Helix Robotic Solutions Limited…
Worley has secured a front-end engineering and design (FEED) contract for onshore substation for the 560 MW GreenVolt floating wind farm offshore Scotland, being developed by Flotation Energy and Vårgrønn, a joint venture firm created by Plenitude (Eni) and HitecVision…
ABS and the Floating Offshore Wind Power Technology Research Association (FLOWRA) of Japan signed a memorandum of understanding to collaborate and explore new technologies to support the floating offshore wind industry.FLOWRA is a technical…
Gazelle Wind Power, a Dublin-based floating wind developer, has secured $1.7 million investment through strategic agreement with dstgroup, a Portuguese conglomerate, aimed at advancing floating wind technology and Nau Azul demonstration project off Portugal…
MODEC has entered into a contract with Eld Energy, a Norwegian fuel cell system company, to design and manufacture a solid oxide fuel cell (SOFC) system pilot unit intended for installation on one of the MODEC-operated floating production, storage and offloading (FPSO) units…
Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, storage and offloading (FPSO) units to Petrobras.The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard…
TechnipFMC has been awarded an integrated engineering, procurement, construction, and installation contract by Equinor for its Heidrun extension project in the Norwegian North Sea.The project will enhance the current infrastructure and extend the production lifecycle for the Heidrun platform…
Singapore-based mooring and anchoring specialist Mooreast Holdings has partnered with Norway-based GeoProvider to strengthen capabilities in offshore data analysis and enhance its value proposition to the floating offshore renewable energy market…
Energy technology company Baker Hughes and Malaysia’s state-run energy giant Petronas have signed a memorandum of understanding (MoU) on a strategic partnership to explore business initiatives that have the potential to support the delivery of Asia’s energy expansion and transition…
Technip Energies has secured a large contract to perform ‘preliminary activities’ for a Floating Liquefied Natural Gas (FLNG) unit in Africa.The contract, valued between $290 million and $584 million, will be effective until September 30, 2025…
Engineering company Monadelphous Group has secured new contracts in the energy sector valued at more than $100 million, including work at Shell’s Crux gas platform and Origin Energy’s LNG project.Monadelphous signed a contract with Technip Energies…
Norwegian data and intelligence firm TGS has signed a collaboration agreement with Equinor, aimed at advancing the digitalization of carbon capture and storage (CCS) operations at Northern Lights project.The agreement strengthens the ongoing…
U.K.-based oil firm EnQuest has completed the acquisition of Harbour Energy’s business in Vietnam, which holds a 53.125% equity interest in, and operatorship of, the Chim Sáo and Dua production fields.The completion of the acquisition has confirmed EnQuest as operator of the fields in Block 12W…