Industry News

 

Ulmatec's Gangway for First Jones Act-compliant Service Operation Vessel

Aug 17, 2022

Norway-based gangway supplier Ulmatec has secured a contract for the supply of a 32-meter motion compensated gangway and logistics support systems for ECO Edison, the first U.S.-built Jones Act service operation vessel (SOV). This 260-foot vessel…

No Dorado FID in 2022, Carnarvon Energy Says

Aug 17, 2022

Dorado, one of the largest ever oil discoveries in Australia’s North Western Shelf, is going to wait some more to produce first oil, as Carnarvon Energy, a partner in the Santos-operated project, said Wednesday that the final investment decision for the project would not be made in 2022…

FEED Contract Awarded for Ulsan Gray Whale 3 Floating Wind Farm in S. Korea

Aug 17, 2022

Technip Energies, in consortium with Subsea 7 and Samkang M&T, has been selected by Corio Generation and TotalEnergies to perform a Front-End Engineering Design (FEED) for their Ulsan Gray Whale 3 Offshore Windfarm project, located offshore the East Coast of South Korea…

Semco Maritime, PTSC M&C to Build Substations for Offshore Wind Project in Taiwan

Aug 17, 2022

Hai Long Offshore Wind Project has awarded the EPC contract to a consortium consisting of Semco Maritime and PTSC M&C for the two offshore substations for the Hai Long 2 and Hai Long 3 wind farms offshore Taiwan. The consortium was named a Preferred Supplier back in October 2021…

Jiangsu Strong Wind Shipyard Delivers ABS-classed Floating Production Unit

Aug 17, 2022

A floating production unit constructed by Jiangsu Strong Wind Shipyard (JSSW) to ABS Class has been delivered.The TRUNOJOYO 01 FPU is on charter to Husky CNOOC Madura Limited (HCML) from owner PT Timas Oceanstar Indonesia (TOI) and will be towed…

ODITC Becomes Guyana's First Firm for Oil & Gas Traning with OPITO Certification

Aug 16, 2022

ODITC, a joint venture (JV) between Guyana’s Orinduik Development Incorporated, Windsor Technologies, and 3t EnerMech, has become the first organization in the country to be approved to deliver OPITO accredited training to oil and gas workers…

Mainstream and Aker Offshore Wind Merger Completed

Aug 16, 2022

The transaction to combine Mainstream Renewable Power and Aker Offshore Wind to form a renewable company with a 27 GW portfolio has closed. The deal was first announced on July 12.Aker Horizons entered into an agreement with Aker Mainstream Renewables…

Germany Secures Gas Supply for Two FSRUs

Aug 16, 2022

Germany signed a memorandum of understanding (MoU) on Tuesday with the country's top gas importers to safeguard the supply of two floating liquefied natural (LNG) gas terminals it needs to reduce reliance on Russian energy.Under the MoU with Uniper and EnBW's VNG…

Gazprom Warns European Gas Prices Could Climb a Further 60%

Aug 16, 2022

Russian state gas company Gazprom said on Tuesday that European gas prices could spike by 60% to more than $4,000 per 1,000 cubic meters this winter, as the company's own export and production continues to fall amid Western sanctions.Gas flows from Russia…

Oil Industry Gears Up to Tap U.S. Climate Bill for Carbon Capture Projects

Aug 16, 2022

Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas proponents, offsetting startup costs for some of the anti-pollution initiatives.Carbon capture and storage hubs that take gases from chemical…

Amid Energy Crisis, EU Plans to Help Gas-rich Mozambique Boost Security

Aug 16, 2022

The European Union is planning a five-fold increase in financial support to an African military mission in Mozambique, an internal EU document shows, as Islamist attacks threaten gas projects meant to reduce the EU's reliance on Russian energy…

Bombora Wraps Up Tank Testing of Floating Hybrid Energy Platform

Aug 16, 2022

Wave energy converter developer Bombora Wave Power (Bombora) has completed tank testing of a floating foundation system suitable for the InSPIRE solution, where Bombora's mWave technology is combined with a wind turbine onto a single floating offshore platform…

Oceanographers Call for Study on Impact of Floating Wind on Shelf Seas Mixing and Marine Life

Aug 16, 2022

While floating wind farms are seen as the next big thing in the renewable energy industry as they can be installed further from shore where the winds are stronger, oceanographers from the UK's Bangor University are calling for new research to…

Skanska to Build Offshore Wind Staging Port in Portsmouth, Virginia, USA

Aug 16, 2022

Sweden-based Skanska, one of the country's largest construction firms, has signed a contract with the Virginia Port Authority to rebuild 72 acres of the Portsmouth Marine Terminal in Portsmouth, Virginia, USA. The project will redevelop approximately…

Hunting's Titanium Stress Joints for Beacon Offshore Energy's Shenandoah Project

Aug 16, 2022

Energy industry services company Hunting PLC has won a contract to provide titanium stress joints through multiple EPC Contractors for Beacon Offshore Energy’s Shenandoah development in the Gulf of Mexico.Hunting will provide (2) 10.75” Titanium Grade 29 Stress Joints utilized for Production…

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