Opex News

 

Digitalization is Drawing CCS a New Learning Curve

Feb 27, 2024

Digital solutions are accelerating the progress required to ensure CCS earns its place in climate change mitigation history.Carbon capture has been around since the 90s, but the behavior of CO2 in pipelines is still not that well understood. A lack of suitable multiphase flow assurance models has meant that past CCS projects have had to apply large, costly safety margins to transport and injection systems…

Valeura Gears Up for Busy Year in Gulf of Thailand

Jan 18, 2024

Canada-based oil and gas company Valeura Energy has announced plans to invest around $8 million in 2024 for new exploration within its Gulf of Thailand licenses, with opportunities identified in Wassana North, Nong Yao D, and the Ratree Prospect…

Gensets: New Fuels but Perennial Goals

Dec 01, 2023

Fuel flexibility may be a key driver for recent developments in gensets, but the perennial goals of lowering CapEx and OpEx remain.Fuel flexibility is one of the pillars of decarbonization that is being embraced by genset OEMs. Fuel efficiency…

BW Energy Finalizes Takeover of FPSO from Saipem

Nov 21, 2023

Oslo-listed oil and gas company BW Energy said Tuesday it had completed the acquisition of the FPSO Cidade de Vitoria from Saipem.The FPSO is currently producing approximately 10,000 barrels per day of oil from the Golfinho field offshore Brazil…

Dutch Company Launches Wind Turbine Foundation Installation Vessel Design

Dec 15, 2022

Vuyk Engineering Rotterdam has launched a design for a new offshore wind foundation installation vessel (FIV), called VERticale, in response to ever-growing wind turbines needing larger foundations.'VERticale is developed for an optimized deck layout…

Borr Drilling Bags $715M in Jack-up Rig Contracts in Mexico

Oct 21, 2022

Offshore drilling company Borr Drilling said Thursday that its joint venture company in Mexico (Perfomex) had entered into new contracts for the company's five premium jack-up rigs.The rigs in question are the 'Galar', 'Gersemi', 'Grid', 'Njord'…

Sembcorp Marine Orders Kongsberg Tech for Maersk WTIV

Apr 04, 2022

Norwegian maritime technology and equipment provider Kongsberg Maritime has won will supply a technology package for a new Wind Turbine Installation Vessel that Singapore's Sembcorp Marine is building for the Danish offshore service provider Maersk Supply Service…

Proserv's Cable Monitoring System for Dogger Bank Inter-array Cables

Feb 15, 2022

Offshore installation contractor DEME Offshore has awarded Proserv Controls a contract for the provision of the inter-array cable monitoring system, or CMS, for the first two phases, A and B, of the Dogger Bank offshore wind farm in the UK.Proserv…

VIDEO: "Things are about to change in a big way" for U.S. Offshore Wind

Feb 01, 2022

In a recent interview with Maritime Reporter TV, Philip Lewis, Director of Research, Intelatus Global Partners, breaks down the U.S. Offshore Wind market 'By the Numbers.'Let's look at the world . There's around 75GW of offshore wind farms, either operational or being built in the world today…

Brazil: PetroRio Connects Polvo and Tubarao Martelo Fields. Eyes Significant OPEX Cut

Jul 15, 2021

Brazilian oil firm PetroRio said Wednesday it had completed the tieback between the Polvo and Tubarão Martelo offshore fields, a move that will slash its operational costs as there would no longer be a need for a chartered FPSO.According to PetroRio…

OTC Award for Subsea 7 Offshore Corrosion Monitoring Tech

May 07, 2021

Offshore energy services company Subsea 7, and its subsidiary Xodus Group have received recognition from OTC for Subsea 7 Nano Engineered Sensor Platform (Subsea 7 NESP), and will receive a Spotlight on New Technology Award at this year's Offshore Technology Conference (OTC)…

Oceaneering Unveils New Topside Chemical Throttle Valve

Apr 28, 2021

Oceaneering International’s Rotator business launched a new Topside Chemical Throttle Valve (T-CTV) for multiple industries including oil and gas, chemical processing, wastewater treatment, medical, and pharmaceutical. The T-CTV leverages existing…

Seaplace's CROWN Spar Floating Wind Platform Concept Gets DNV Nod

Mar 24, 2021

Spanish ship design and offshore engineering company Seaplace has won a DNV Statement of Feasibility for its CROWN Spar offshore wind floating platform concept.DNV said that its Statement of Feasibility verifies new concepts and opens the door…

Offshore Wind Webinar: A Look Into the Emerging US Market

Mar 19, 2021

Join speakers from ABB, Lloyd’s Register, Equinor and World Energy Reports as we explore why 2021 is the year for offshore wind in the United States.WHEN: Thursday,  March 25, 2021, 11 a.m. EDT (US).REGISTER NOW!From eight turbines for 42MW of capacity at the end of 2020…

Huge Growth Expected for Global Offshore Wind O&M Market

Mar 09, 2021

The global offshore wind operations and maintenance (O&M) market is expected to grow 16% annually to reach US$12 billion (€10 billion) by 2029, with opportunities for both existing and new players, energy intelligence group Wood Mackenzie said in a report on Tuesday…

Current News

UK Firm Seeks Suppliers to Build Full-Scale Tidal Energy Prototype

UK Firm Seeks Suppliers to Bui

Brava Energia Inks $65M Deal with PetroReconcavo for Natural Gas Assets

Brava Energia Inks $65M Deal w

Record Offshore Wind Auction Required for UK to Meet Targets

Record Offshore Wind Auction R

First French Floating Wind Farm Fully Commissioned

First French Floating Wind Far

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine