Industry News

 

Solstad Offshore Installs Subsea Cable for TetraSpar Floater

Sep 16, 2021

Solstad Offshore said Thursday its Far Sapphire vessel has completed the installation of the inter-array cable for the TetraSpar floating wind turbine in Norway.The TetraSpar floating foundation, fitted with an offshore wind turbine, was recently…

Well-Safe Solutions to Decommission 14 Offshore Wells for Repsol Sinopec

Sep 16, 2021

Aberdeen-based Well-Safe Solutions has won a contract with Repsol Sinopec to execute the decommissioning of 14 wells in its Buchan and Hannay offshore fields in the UK.Well-Safe Solutions will utilize its purpose-built decommissioning unit specifically designed for decommissioning of subsea wells…

Vattenfall, Partners Prequalify for French Floating Wind Tender

Sep 16, 2021

Swedish power company Vattenfall has said it has, with partners wpd and BlueFloat Energy, prequalified for the upcoming 250MW floating offshore wind tender off the coast of South Brittany in France, the first commercial floating tender in France…

Malaysia's Kimanis Oil Exports Hit by Issue at Shell Offshore Field

Sep 16, 2021

Exports of Malaysia's flagship crude oil Kimanis will fall in October and November after a production issue at an offshore oilfield operated by Royal Dutch Shell, three sources with knowledge of the matter said.Petroleum Brunei, one of the stakeholders…

Equinor Taps DeepOcean for Emergency Subsea Cable Repair Services

Sep 16, 2021

Subsea services firm DeepOcean has entered into a frame agreement contract with the Norwegian energy giant Equinor for the provision of contingency equipment and services for handling of high voltage subsea cables. The contract is for three years with options to extend up to four additional years…

Canada: Near Miss Incident on ExxonMobil's Hebron Platform

Sep 16, 2021

ExxonMobil Canada has reported that a near-miss incident occurred on the Hebron offshore platform in Canada earlier this week when a hoist hook fell on the deck. Nobody was injured but the incident had the potential for fatality.The Canada-Newfoundland…

UK Backs Zero-emissions CTV Concept

Sep 15, 2021

A study, led by maritime design and applied technologies company Artemis Technologies has been awarded £533,000 to investigate transformative solutions to decarbonize crew transfer vessel (CTV) operations in the offshore wind sector.The grant…

Vineyard Wind Secures $2.3 Bln Loan, Allowing Construction to Start

Sep 15, 2021

Vineyard Wind, which is on track to be the first major U.S. offshore wind farm, closed on a $2.3 billion loan and will begin construction in Massachusetts later this year, its owners said on Wednesday.The senior debt financing allows the project…

SEA-KIT's USV to be Powered by Hydrogen Fuel Cell

Sep 15, 2021

SEA-KIT, a company designing and building Uncrewed Surface Vessels (USVs), has won funding to install a PCB-based hydrogen fuel cell, engineered by Bramble Energy, on its 12m USV ‘Maxlimer’ and demonstrate zero-emission maritime operations.SEA…

ORE Catapult Secures Funding for Five Projects to Drive Forward Maritime Decarbonisation

Sep 15, 2021

The UK-based Offshore Renewable Energy (ORE) Catapult has said it has secured funding for five projects as part of the Clean Maritime Demonstration Competition, funded by the Department for Transport and delivered in partnership with Innovate UK…

Gulf Coast Oil Firms Return to Ida Recovery as Storm Nicholas Recedes

Sep 15, 2021

Energy companies worked to restore pipeline service and electricity after Tropical Storm Nicholas passed through on Tuesday, allowing them to return to repairing the significant damage caused by Hurricane Ida two weeks ago.Nicholas, downgraded to a tropical depression late Tuesday…

Marine Battery Firm Corvus Plans 4Q IPO

Sep 15, 2021

Marine battery maker Corvus plans an initial public offer (IPO) in the fourth quarter, aiming to list its shares on the Oslo Stock Exchange, its top executive said on Wednesday.The company, which assembles battery cells into giant batteries for ships such as ferries…

Norway's Offshore Licensing Round Attracts Bids from 31 Oil Firms

Sep 15, 2021

Norway's annual licensing round of new acreage for oil and gas exploration, including some in the Arctic Barents Sea, has attracted bids from 31 oil companies, the country's energy ministry said on Wednesday.The ministry's announcement follows…

Saudi Aramco, McDermott Sign MoU for Use of SAFIRA Yard

Sep 15, 2021

Saudi Arabia's national oil company Saudi Aramco has signed a memorandum of understanding with energy industry construction and installation firm McDermott to explore the use of McDermott's SAFIRA fabrication yard for construction services for Saudi Aramco's upstream and downstream projects…

Busy Summer for Pipeline Tech Firm STATS Group

Sep 15, 2021

Pipeline technology company STATS Group said Monday it had completed the largest number of simultaneous pipeline isolation projects in its 23- year history.STATS said that it had, during the 2021 summer shutdown season, supported six separate Tecno Plug isolation deployments in the UK North Sea…

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