Offshore Energy News

 

UTEC Nets Coral Sul Survey Work Offshore Mozambique

Feb 25, 2021

UTEC, an offshore energy survey firm, has won a survey contract in Mozambique to support the development of Eni's Coral Sul ultra-deepwater FLNG development. Under the contract, awarded by oilfield services giant TechnipFMC, UTEC will be responsible for pre-lay surveys…

Rovco in Management Shift as CEO Set to Lead New Robotics firm Vaarst

Feb 25, 2021

Rovco, a UK-based provider of ROV services to the offshore energy industry, on Thursday said its CEO would lead a new start-up technology company, Vaarst, which will be looking for business opportunities in the wider industrial robotics sectors…

Subsea LiDar Specialist Ventures into Offshore Geophysical Survey Business

Feb 23, 2021

3D at Depth, a company specializing in commercial Subsea LiDAR (SL) laser technology, and a provider of underwater survey services and 3D data solutions, on Tuesday announced the launch of its offshore Geophysical Survey Services division. According to 3D at Depth…

Ashtead Technology Upgrades Tech Center to Support Renewables and Decom Work. Launches Recruitment Drive

Feb 23, 2021

UK-based subsea technology and services provider Ashtead Technology said Tuesday it has invested £ 1million to develop a new R&D and engineering facility in Aberdeenshire to support renewables and decommissioning work. 'Upgrading an existing site at Thainstone Business Park…

Reach Subsea, MMT in 3-year Nord Stream Pipeline Inspection Deal

Feb 18, 2021

Norwegian subsea services firm Reach Subsea has through its cooperation with its Swedish partner MMT won a three-year contract, with two one-year options with Nord Stream AG, the operator of the Nord Stream gas pipeline in the Baltic Sea.The contract is for yearly inspections…

BOEM Issues Lease for Wave Energy Research Project off Oregon

Feb 17, 2021

A pioneering project to build the U.S.’s first pre-permitted wave energy testing facility cleared a critical hurdle this week with a lease award from the Bureau of Ocean Energy Management (BOEM) to operate in federal waters about seven miles off the Oregon Coast…

Unique Floating Wind Turbine Set for Middle East Debut

Feb 17, 2021

The Middle East might soon be home to a unique floating wind turbine project led by a group of European companies. Namely, unlike the other floating wind projects currently developed or being worked on, aimed purely at producing electricity…

TechnipFMC Splits the Company in Two

Feb 16, 2021

Oilfield services company TechnipFMC on Tuesday said it had completed its spin-off transaction to create two independent, publicly traded companies, TechnipFMC and Technip Energies.TechnipFMC, created in 2017 through a merger between France-based Technip and U…

Market Report: FPSOs ... Charting the Path Ahead

Feb 15, 2021

COVID-19 will continue to skew the floating production systems market for the coming 24 months, while buying power for a large portion of FPSO contracts will be centered in Brazil and Guyana/Suriname. These two areas are expected to account…

VIDEO: Scottish-made Tidal Turbine Installed in Japan

Feb 15, 2021

Simec Atlantis Energy (SAE) has informed that its Scottish built tidal turbine and generation equipment have been successfully installed in the Goto Island chain in Japan. 'The tidal turbine clocked its first 10MWh of generation within the first…

More GoM Work for Magseis Fairfield

Feb 12, 2021

Oslo-listed Magseis Fairfield on Friday said it had won a deep-water 4D Ocean Bottom Node (OBN) monitor survey contract in the US Gulf of Mexico with a repeat customer.The survey will be conducted with Magseis Fairfield’s ZXPLR technology, currently in use for ongoing projects in the same region…

Offshore Services Firm OceanPact Completes $227 Million IPO

Feb 10, 2021

Brazil maritime services provider OceanPact Servicos Maritimos has concluded a 1.22 billion reais ($226.51 million) initial public offering, according to a securities filing on Wednesday.OceanPact priced the offer at 11.15 reais per share, at the bottom limit of the indicative range of up to 13…

Magseis Fairfield in Deepwater Survey Gig, Offshore Angola

Feb 10, 2021

Oslo-listed seismic services company Magseis Fairfield has said it has won a seismic survey contract offshore Angola.The contract, with an unnamed 'major international energy company' is for a deep-water Ocean Bottom Node baseline survey (3D)…

Cummins QSK95s: Big Electric Power for Conversion of Ariake to FPSO

Feb 10, 2021

Floating Production Storage and Offloading (FPSO) vessels are essential tools in the search for oil  in deeper waters, further from shore-based facilities. Typically, the large FPSO is stationary with a number of wells feeding oil into its holds…

Sustainable Marine Floats Out 'Next-Gen' Tidal Energy Platform in Canada

Feb 02, 2021

Scottish tidal energy technology firm Sustainable Marine is forging ahead with plans to deliver the world’s first floating tidal energy array after unveiling its next-generation platform in Nova Scotia, Canada.Construction of what the company says is pioneering new 420kW PLAT-I 6…

Current News

LNG Price Recovery Spurs Spending in Race against Carbon Targets

LNG Price Recovery Spurs Spending in Race against Carbon Targets

Subsea UK and the Creation of the “Global Underwater Hub”

Subsea UK and the Creation of the “Global Underwater Hub”

ICR Targets Guyanese Offshore Market. Partners with Panthera

ICR Targets Guyanese Offshore Market. Partners with Panthera

Shell, Petronas Carigali, Petros Get Hold of Offshore Block in Sarawak, Malaysia

Shell, Petronas Carigali, Petros Get Hold of Offshore Block in Sarawak, Malaysia

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