PetroRio, a Brazilian independent oil company specialized in revitalizing mature oil fields, has excelled at using cutting edge recovery technology, and applying an efficient program of reservoir management to pinpoint mature fields with potential to increase recovery…
First Subsea said it has been awarded a contract to supply three Ballgrab Internal Lifting Tools (ILT) to pipelay, heavy lift and subsea construction company Allseas. The tools are designed for lifting loads up to 900mT and will be used by Allseas for offshore decommissioning projects…
The global offshore wind market grew nearly 30% per year between 2010 and 2018, benefiting from rapid technology improvements and about 150 new offshore wind projects are in active development around the world.Europe in particular has fostered the technology’s development…
Global offshore wind solutions provider Orsted inaugurated the Formosa 1 offshore wind farm in Taiwan, the first offshore wind farm built by Ørsted in Asia-Pacific.In the past three years, Ørsted has worked closely with joint venture partners…
Crown Prince Frederik of Denmark will deliver the opening address at the WindEurope Offshore 2019, which is claimed to be the world’s largest event dedicated to offshore wind.The event, which will take place in Copenhagen from 26 to 28 November…
Seadrill Chairman John Fredriksen, the oil rig firm's top shareholder, is stepping down with immediate effect, the company said on Thursday, as it holds discussions with lenders about restructuring its massive debts.The 75-year-old billionaire investor…
UK-based wind energy installation and maintenance company 3sun Group has won Vattenfall contract to carry out statutory inspections across its offshore and onshore wind farms in five countries.The deal, which will result in the creation of up to 30 new jobs…
Ocean data company XOCEAN announced the completion of a €7.9 million ($8.8 million) funding round, fully subscribed by existing shareholders, to support its international growth plans.XOCEAN said it has set out to transform the way ocean data…
InfraStrata, the parent company of Belfast shipyard Harland and Wolff, has entered into a memorandum of understanding (MoU) with Spanish shipbuilding company Navantia SA.Under the MoU, the companies plan to cooperate on offshore wind projects…
Polish Ministry of Energy has finished internal work on draft 'offshore wind act'. The draft is to be further proceeded now by Government on the legislative path through public consultations.Dedicated offshore wind act is one of the most awaited…
Kim Heng Shipbuilding & Engineering (KHSE), wholly owned subsidiary of Kim Heng Offshore & Marine (KHOM), has entered into a Memorandum of Understanding (MoU) for offshore wind farm projects (OWP) in Taiwan.KHSE did not disclose the name of the other signatory…
Dutch heavy-lift firm Mammoet has reached an agreement that will enable it to provide offshore wind services at the Port of Coeymans Marine Terminal, in New York.The collaboration allows Mammoet access to the port’s 400-acre marine terminal facility…
An estimate of 3,000 gallons of diesel fuel has been spilled as the result of a collision between an offshore supply vessel (OSV) and a tug near Port Arthur Texas, the U.S. Coast Guard said on Friday.The Coast Guard said it is responding to…
Spanish global renewable energy company Siemens Gamesa Renewable Energy (SGRE) has been selected as the preferred supplier of turbines for the 300MW Hai Long 2 offshore wind project in Taiwan.The agreement is subject to contract and final investment decision from the consortium partners…
The Board of Directors of MHI Vestas Offshore Wind has appointed Johnny Thomsen as the new Co-CEO following the resignation of Lars Bondo Krogsgaard.Thomsen is the former Vestas Senior Vice President of Product Management, said a press note from the Dutch offshore wind power solutions provider…
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