Otm Consulting News

 

EPCI Contract Awarded for Polish Offshore Wind Farm Substations

Oct 12, 2023

The Baltic Power offshore wind farm project, a joint venture of ORLEN Group and Northland Power Inc., has awarded the EPCI contract for the two offshore substations for the Baltic Power Project to a consortium consisting of Bladt Industries and Semco Maritime after naming the consortium a Preferred Supplier in September 2022. Semco Maritime and Bladt Industries, together with their primary sub-contractor…

Australia Grants Feasibility Licenses for 3.2GW Offshore Wind Projects

Mar 03, 2025

The government of Australia has granted feasibility licenses for two offshore wind projects with a total planned capacity of 3.2 GW, to be developed off the coasts of New South Wales and Victoria.The feasibility licenses have been awarded for the Southern Ocean and Hunter zones…

Wood Spearheads Industry Initiative to Develop CCUS Guidelines

Oct 16, 2024

Consulting and engineering firm Wood has taken charge of the Joint Industry Partnership (JIP) to create industry guidelines for CO2 specifications to accelerate sustainable carbon capture, utilization and storage (CCUS) projects.The guidelines…

German Independent Inspections Firm Acquires Safetec

Oct 01, 2024

German company TÜV Rheinland has acquired Safetec, a risk management consulting company in Norway active across oil and gas, renewables, and maritime sectors.Safetec’s operations will complement the existing risk, safety and integrity management…

ABL Group to Acquire Ross Offshore

May 15, 2024

Global consultancy ABL Group has entered into an agreement to acquire 100% of the shares of specialist energy consultancy Ross Offshore from Moreld Group.Following completion of the transaction, Ross Offshore will merge with ABL Group company AGR…

Woodside Needs New Seismic Approval for Scarborough Gas Project

Sep 28, 2023

Australia's federal court on Thursday halted approval for Woodside to conduct seismic blasting under the seabed for its $12 billion Scarborough gas project after a legal challenge by an Indigenous woman.The court's ruling marked another win for groups opposing fossil fuel developments…

Wood, Shell in Multi-year Services Deal

Aug 02, 2023

Wood, an energy industry consulting and engineering company, said Wednesday it had signed a multi-year enterprise framework agreement (EFA) to continue to provide services to Shell’s global projects.Bringing specialist consulting, engineering…

Gazelle Wind Power Takes Controlling Stake in F. Carceller to Drive Floating Offshore Wind Innovation

May 10, 2023

Gazelle Wind Power (Gazelle), the developer of a hybrid modular floating offshore wind platform, has agreed to take a controlling stake in Spanish-based naval architect and marine consulting firm Faustino Carceller, S.L. (F. Carceller). 'Gazelle’s…

Banks Urged to Withdraw $1B Loan for Santos' Barossa Offshore Gas Project

Apr 04, 2023

A group of Australian Indigenous people has lodged human rights grievances with 12 Australian and international banks urging them to withdraw a $1 billion loan to Santos Ltd for its Barossa offshore gas project. Environmental and Indigenous groups have been campaigning for years against the $3…

Funding Secured for Further Development of Floating Offshore Wind Substation

Mar 23, 2023

Semco Maritime, ISC Consulting Engineers, Aalborg University, Energy Cluster Denmark and Norway, and Sweden-based Inocean have obtained funding to forward the development of a floating offshore substation (FOSS) concept.The parties announced…

Wood Group Must Buy Back Shares to Avoid Takeover, Investor Says

Dec 08, 2022

Former Elliot Management activist fund manager Franck Tuil on Thursday told Wood Group to buy back some of its stock to avoid becoming a takeover target, sending shares in the oil services provider up by the most in six weeks.It is the first public campaign for his $600 million multi-strategy fund…

BCG, ABS Team Up to Decarbonize Maritime & Offshore Industries

Dec 08, 2022

Boston Consulting Group (BCG) a consultancy and advisor on decarbonization to the maritime industry, and maritime classification society American Bureau of Shipping (ABS), have signed a memorandum of understanding to combine their technical…

Australia Court Ruling on Santos Raises Risks for Offshore Gas Projects

Dec 02, 2022

Australia's Federal Court rejected on Friday an appeal by Santos Ltd to resume drilling on its $3.6 billion Barossa gas project off northern Australia after indigenous groups raised objections, potentially delaying other offshore projects.Three…

Westwood Names Director of Hydrogen

Nov 29, 2022

Energy market research and consultancy firm Westwood Global Energy Group (Westwood) has appointed Joyce Grigorey as Director of Hydrogen.Grigorey has 15 years of analytical and project management experience in research and consulting, having…

Australia Court Scraps Drilling Permit for Santos' $3.6B Barossa Offshore Gas Project

Sep 21, 2022

Australia's Federal Court on Wednesday ruled in favor of an indigenous group's challenge against a drilling permit for Santos Ltd's Barossa gas development, in what Santos called a 'disappointing' setback for the $3.6 billion project.Traditional…

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