Latest News - page 417

 

BV Gives Design Approval for Enerocean's W2Power Floating Wind Solution

Nov 22, 2023

Certification body Bureau Veritas (BV) presented Enerocean S.L. with the definite issue of its Certificate of Basic Design Approval of the W2Power floating wind solution.The certification represents the completion of a comprehensive assessment of critical elements of the W2Power design…

PSW Technology Secures 3-Year Deal with Norwegian Oil Firm for Capping Stack Services

Nov 22, 2023

Scana's PSW Technology has signed a frame agreement with an unnamed Norwegian oil and gas operator for Capping Stack & Support Services. The contract consists of a fixed period of 3 years with a 2+2-year option. The value of the frame agreement…

Shell Strikes Gas Offshore Egypt

Nov 22, 2023

Shell Egypt said Tuesday it had completed the drilling of the first well in its three-well exploration campaign, Mina West, located in the North East El-Amriya block, in the Mediterranean Sea, discovering a gas bearing reservoir. Drilling activities…

Meyer Werft Bags Its First Offshore Order

Nov 22, 2023

German shipbuilder Meyer Werft reports it has secured its first order within the growing offshore converter platform business.The Papenburg shipyard—part of the Meyer Group, known primarily for building cruise ships—will carry out the majority…

Offshore Wind: Marco Polo Marine, Vestas Pen Deal for Newbuild CSOV

Nov 22, 2023

SGX-listed Marco Polo Marine has signed a framework agreement with wind turbine maker Vestas, which finalizes the previous Memorandum of Understanding signed in December 2022 between its Taiwan-based subsidiary, PKR Offshore Co., Ltd and Vestas Taiwan Co…

Indian Firm Clinches Mega Offshore Order in the Middle East

Nov 22, 2023

India-based L&T Energy Hydrocarbon – LTEH, the hydrocarbon business of Larsen & Toubro (L&T) has received a Letter of Intent for a 'mega' offshore order from an unnamed 'prestigious client in the Middle East.'For LTEH, a 'mega' contract means the contract is valued between ₹C 10…

Finland-Estonia Gas Pipeline System to Get Bigger Capacity after Repair

Nov 22, 2023

The Balticconnector gas pipeline between Finland and Estonia, which was damaged last month, will get a bigger northbound transmission capacity next year following repairs, Finnish operator Gasgrid said in a statement on Wednesday.The increase…

Shearwater, Petrobras Team Up to 'Reshape' Seismic Exploration

Nov 22, 2023

Brazilian oil company Petrobras and Norwegian marine seismic services firm Shearwater have entered into a collaborative technology agreement aiming to reshape seismic exploration and field developments.This multi-year strategic partnership is…

Siemens Gamesa's Turnaround Plan Underwhelms, Shares Fall

Nov 22, 2023

Struggling wind turbine maker Siemens Gamesa said on Tuesday it would cut costs and capacity on its long path towards profit, sending shares in parent Siemens Energy sharply lower as investors had hoped for more radical steps.The move, announced at Siemens Energy's capital markets day…

BP, Corio Plan to Invest Over $1B in South Korea wind farms -ministry

Nov 22, 2023

South Korea's Ministry of Trade, Industry and Energy said on Wednesday that British-based offshore wind firm Corio Generation and BP have submitted investment plans for wind farm projects in South Korea totaling $1.16 billion.The projects, which had been in the works…

Santos, ADNOC Enter CCS Collaboration Deal

Nov 22, 2023

Australian oil and gas company Santos has entered into a strategic collaboration agreement with Abu Dhabi based oil and gas firm ADNOC to collaborate on carbon capture and storage (CCS) projects.The agreement will explore the potential for establishing…

Full Output Returns to Affected LNG Train at Chevron's Gorgon Facility in Australia

Nov 22, 2023

Full production has returned to a liquefied natural gas (LNG) train at Chevron's Gorgon facility in Western Australia, a company spokesperson said on Wednesday.On Oct. 31, an 'electrical incident' at a substation providing power supply to the…

Expro Secures Well Testing Services Deal with Equinor on Norwegian Continental Shelf

Nov 22, 2023

Expro has been awarded a corporate framework agreement to deliver well testing services for Equinor on the Norwegian Continental Shelf (NCS).According to Expro, the corporate frame agreement will see a substantial delivery of well testing operations in the NCS from a single service provider…

VIKING Launches Innovative Space-saving Lifeboats

Nov 22, 2023

VIKING Life-Saving Equipment, said Wednesday it was launching an innovative range of lifeboats and davits which set new standards for compact and lightweight lifeboat-based evacuation solutions. 'By challenging traditional lifeboat design, the…

Politicians Waking up to Higher-cost Offshore Wind Power, Equinor Says

Nov 22, 2023

Recent decisions in the United States and Britain to accept higher prices for offshore wind developments are a welcome sign that authorities are adjusting to higher costs in the industry, Equinor's head or renewables said on Tuesday.'I believe that politics and markets will adjust…

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