Offshore Engineer Industry News News - page 445

 

Vard Electro to Deliver SeaQ Energy Storage System for REM Offshore Vessel Retrofit

Apr 12, 2023

Norwegian offshore vessel owner REM Offshore has selected Vard Electro and its SeaQ solutions to upgrade battery technology onboard one of the company's platform supply vessels.Vard Electro will deliver a complete SeaQ Energy Storage System…

China's Sinopec Becomes First Asian Shareholder in Qatar's NFE Project

Apr 12, 2023

Qatar's state-owned energy firm QatarEnergy has signed a definitive partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field East (NFE) expansion project, dubbed the largest project in the history of the LNG industry…

Trinity Shuts Production from Trintes Field after Offshore Platform Fire

Apr 12, 2023

Oil and gas company Trinity Exploration & Production said Wednesday that a generator-related fire occurred on its Bravo Platform in the Trintes Field, in the Galeota Block, offshore east coast Trinidad at around 21:15 local time.'Production from the Bravo platform was halted…

Japan Climate Group Urges More Renewable Energy, Effective Carbon Pricing

Apr 12, 2023

Japanese companies and climate groups called on the nation's government on Wednesday to step up the introduction of renewable energy and quickly adopt carbon pricing to tackle global warming.The Japan Climate Initiative (JCI), an alliance of companies…

Cordiant Supports ROVOP's Offshore Service Expansion with $25M Credit Facility

Apr 12, 2023

UK-based remotely operated vehicle (ROV) solutions provider, ROVOP, said Thursday it had agreed a $25 million senior secured credit facility with Cordiant Capital (Cordiant), the specialist global infrastructure & real assets manager.Backed by Bluewater…

World's Deepest Offshore Wind Foundation Installed in Scotland

Apr 12, 2023

Italian energy services firm Saipem has installed what has been described as the world’s deepest offshore wind turbine foundation at Scotland’s largest offshore wind farm – Seagreen.Last Friday, Seaway 7 transported the jacket foundation on…

Wärtsilä to Provide 24/7 Crew for Power Modules on FPSO in Brazil

Apr 12, 2023

Finland-based marine equipment and technology provider Wärtsilä said Wednesday it would operate the power modules onboard an FPSO vessel in Brazil on behalf of the owner 3R Petroleum. The vessel operates in the Papa Terra oilfield offshore Brazil…

Petrofac Expects Wider Loss for 2022 after Portfolio Review

Apr 12, 2023

Petrofac Ltd said on Wednesday it expects to report a wider operating loss of about $150 million to $170 million for 2022, after a review of its portfolio of contracts and contractual and commercial issues revealed increased costs. The oilfield…

IberBlue Wind to Invest $4.36 bln in Portugal-Spain Floating Wind Farms

Apr 12, 2023

Irish-Spanish consortium IberBlue Wind plans to invest more than 4 billion euros ($4.36 billion) in two [floating] wind farms off the Atlantic coasts of Portugal and Spain, it said on Tuesday.IberBlue said in a statement it aimed to create a combined installed capacity of 1…

GE to Deliver "Heart" for Two Petrobras FPSOs

Apr 11, 2023

GE Power Conversion said Tuesday it had recently secured a contract with Singapore-based Keppel Shipyard to supply and deliver two electrical modules for the Petrobras P-80 and P-83 FPSOs.'The integrated electrical module to be provided by GE…

Gallery: Third FPSO Arrives in Guyana's Stabroek Block

Apr 11, 2023

Dutch FPSO specialist SBM Offshore on Tuesday announced the arrival of the FPSO Prosperity at the Stabroek Block offshore Guyana.The FPSO traveled just over 11,000 nautical miles – or just over 20,000 kilometers - from Singapore to Guyana in just under 50 days…

Wind Energy Market to Exceed 1 TW of Installed Capacity by 2023 End, Wood Mackenzie Says

Apr 11, 2023

The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie.“After needing more than 40 years to reach one TW of installations…

Trillion Energy Spuds Bayhanli-2 Well at SASB Offshore Gas Field in Turkey

Apr 11, 2023

Trillion Energy International, an oil and gas firm focused on the Turkish section of the Black Sea, said Tuesday it had started drilling the Bayhanli-2 well at the SASB offshore gas field.Bayhanli-2 is the fifth gas well in the company's multi-well drilling program at the SASB gas field development…

DOF Secures 3-year Contract for Skandi Vega AHTS

Apr 11, 2023

Norway-based offshore vessel owner DOF has secured a three-year contract for its anchor handling tug supply vessel (AHTS) Skandi Vega with the current charterer Equinor.The contract, which includes two one-year options, will start in direct continuation of the current contract…

CIMC Raffles Delivers China's First Semi-submersible Floating Solar Power Platform

Apr 11, 2023

China's CIMC Raffles, best known to Offshore Engineer readers for its offshore drilling rig construction project, has recently launched and delivered China's first semi-submersible offshore floating solar power platform.According to CIMC, the…

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