Offshore wind will constitute 25% of total wind demand in 2028, up from 10% in 2019 and will narrow the gap with offshore upstream oil and gas in terms of capital expenditure deployment, said the analyst firm Wood Mackenzie.The possibility of offshore wind becoming cheaper than coal…
Tanker operator AET has won a long-term deal with the Brazilian oil company Petrobras for the charter of three shuttle tankers that will offload oil from Petrobras' offshore oil platforms and FPSOs.AET said Thursday the long-term charters would…
Swedish multinational power company Vattenfall said that it had reached a number of important milestones during the year 2019. In Denmark the Horns Rev 3 (407 MW) wind farm was inaugurated, and construction was started on Kriegers Flak (605 MW)…
Subsea technology company Seatools has completed the delivery of a CT umbilical winch on behalf Van Oord Offshore.The winch will power Van Oord’s new subsea trencher “Deep Dig It,” which will be deployed during cable installation operations at an offshore wind farm later this year…
The first turbine at the 219-MW Northwester 2 offshore wind farm being built in Belgian waters has started exporting electricity to the country's power grid.The project will utilize 23 MHI Vestas 164-9.5 MW turbines – the most powerful turbines to enter commercial operation to date…
Japanese shipping major Mitsui O.S.K. Lines (MOL) has unveiled a number of new restructuring measures effective April 1, 2020.According to a press release, the marine transportation provider intends to establish three new divisions and integrate its two tanker divisions to achieve synergy…
Canadian international oil and gas production company Zenith Energy has established a Norwegian subsidiary - Zenith Norway - as a precursor to securing its first acreage off the country. Zenith said it intends to use Zenith Norway as a vehicle…
The developer of renewable and sustainable energy projects, Simec Atlantis Energy, has hailed progress at its MeyGen project – announcing that its 2019 performance represents a record period of uninterrupted generation from a tidal turbine venture of its kind…
Norwegian offshore services and supply vessel company Solstad Offshore has renewed its connectivity contract with Marlink, committing 65 offshore vessels to Sealink, Marlink’s high-throughput Ku-band VSAT service. Solstad’s vessels will be provided…
The Central American and Caribbean specialist exploration company CaribX said that it is increasing its share of the Main Cape Operating contract in Honduras.Following government approval CaribX will hold a 55% interest in the highly prospective licence area…
The national oil company of Senegal, Société des Pétroles du Sénégal (PETROSEN) officially launched the country’s First Offshore Licensing Round at the Mauritania-SeneGambia-Bissau-Conakry (MSGBC) Basin. The licensing round comprises 12 blocks on offer in the MSGBC basin…
Mexican E&P company Grupo R has informed that its newbuild jack-up rig Cantarell III has arrived from Singapore to Mexico ahead of a new contract, which is set to start in March 2020.The Mexico’s energy services provider said in a press note that after a 45-day trip from Singapore…
The Miros RangeFinder sea state monitoring sensor has been certified with Atex IEC Ex for use in Zone 1, clearing it for use in explosive atmospheres. This breakthrough opens for unrestricted use of RangeFinder in offshore oil and gas production environments…
Norwegian shipbuilder Ulstein has floated out the hull of a wind farm support vessel it is building for Bernard Schulte.The service operation vessel (SOV), yard number 315 at Ulstein Verft, was floated out from the yard’s dock hall on Sunday afternoon…
Dutch shipbuilding conglomerate Damen has developed a new concept vessel, the Offshore Support Vessel (OSV) 9020, featuring a stable platform with lots of accommodation, good station-keeping capability, low carbon emissions and flexibility to add mission-specific tools…
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