Industry News

 

Floating Wind: Opportunities in a Vibrant, Evolving Offshore Sector

Jan 13, 2025

Offshore Engineer interviewed global offshore energy expert Philip Lewis, Director of Research, Intelatus, for insights on the emerging offshore floating wind market through 2035, detailing the investments that need to be made now in technology…

Israeli Firm Hires Assistance to Advance Portuguese Wave Energy Project

Jan 13, 2025

Eco Wave Power has engaged Portuguese engineering firm MOQ Engineering to perform the final design and load calculations for its wave energy project in Portugal’s city of Porto.The collaboration with MOQ will focus on delivering the final civil…

SMD and Beam Go Deeper for AI-Driven Autonomous Offshore Wind Inspections

Jan 13, 2025

High-tech offshore wind services provider Beam has bought Quantum EV remotely operated vehicle (ROV) from SMD, setting out plans to equip it with an artificial intelligence (AI)-driven system to improve its operational scope and offshore wind farm servicing…

Galp Names CEO Team Following Silva’s Resignation

Jan 13, 2025

Galp has appointed two members of its board as interim Chief Executive Officers (CEOs) following the resignation of Filipe Silva.Galp’s Board of Directors unanimously appointed its board members Maria João Carioca (CFO) and João Diogo Marques…

Russia Accuses Ukraine for Attempted Attack on TurkStream Gas Pipeline

Jan 13, 2025

Russia said on Monday it had downed nine Ukrainian drones that tried to attack part of the infrastructure of the TurkStream gas pipeline, through which Russian gas flows to Turkey and Europe.The Russian defence ministry said the attack was aimed…

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…

Solstad Offshore’s CSV Gets Multi-Year Contract

Jan 13, 2025

Norwegian offshore vessel owner Solstad Offshore has been awarded a three-year contract with an international contractor for its construction support vessel (CSV) Normand Frontier.The firm contract has an immediate startup and will keep the Normand Frontier fully committed until end 2027…

DEME, Van Oord Secure Offshore Wind Work in Taiwan

Jan 13, 2025

DEME and Van Oord have secured separate contracts from Copenhagen Infrastructure Partners (CIP) for installation works at the 500 MW Fengmiao 1 offshore wind farm in Taiwan.DEME, through its Taiwanese joint venture CDWE, has been awarded a substantial…

DNV Approves Hanwha Ocean’s Floating Offshore Wind Turbine Design

Jan 13, 2025

South Korea’s Hanwha Ocean has secured an Approval in Principle (AIP) from DNV for the preliminary front-end engineering design (Pre-FEED) of its floating offshore wind turbine platform.The floating platform model awarded the AIP is Hanwha Ocean’s proprietary WindHive 15-H3…

Brazil’s President Authorizes Offshore Wind Development

Jan 12, 2025

Brazilian President Luiz Inacio Lula da Silva has signed into law a bill authorizing the development of offshore wind farms, a statement said late on Friday, a bid to strengthen the country's energy security and spark a wave of investment.The…

BOEM Boosts Monetary Penalties for Oil & Gas firms

Jan 10, 2025

Today, the Bureau of Ocean Energy Management (BOEM) announced a final rule that implements the 2025 inflation adjustments for the maximum daily civil monetary penalties contained in BOEM regulations in accordance with Federal law.The Federal…

Portugal Selects Four Offshore Wind Farm Sites Ahead of Auction

Jan 10, 2025

Portugal's government has approved four areas in the Atlantic Ocean where offshore wind farms can be installed, moving a step closer to launching the first licensing auction of offshore capacity, which it plans this year.Two of the areas are off the coast of Viana do Castelo in northern Portugal…

Technical Issue Shuts Down BP’s Caspian Sea Gas Platform

Jan 10, 2025

BP said on Friday it had suspended the work of its Shah Deniz Alfa (SDA) platform after detecting a technical issue at the subsea gas condensate export line between the platform and the Sangachal terminal.'All people on the platform are safe and there is no environmental impact…

Kazakhstan Orders Kashagan Oil Field Operator to Pay $6.6M Fine

Jan 10, 2025

A court in Kazakhstan has fined the operator of the giant Kashagan oilfield 3.5 billion tenge ($6.64 million) for environmental violations, such as excessive gas flaring, local media reported.The group, which includes Shell, Eni, TotalEnergies and Exxon Mobil…

NextGeo Scoops $27.8M for North Sea Offshore Wind Surveys

Jan 10, 2025

Marine geosciences and offshore construction support services firm Next Geosolutions has been hired by TenneT under a $27.8 million contract to conduct an unexploded ordnances (UXO) survey off the Dutch coast, in support of the development of offshore wind farms…

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