Otm Consulting News

 

Formosa 4 Offshore Wind Substation Enters Fabrication Phase

Jan 29, 2026

The consortium of Semco Maritime and PTSC Mechanical & Construction has started fabrication work on the Formosa 4 offshore substation, marking a key construction milestone for the 495 MW offshore wind project off the coast of Taiwan.The partners held a first-cut ceremony at PTSC Mechanical & Construction’s fabrication yard in Vung Tau, Vietnam, formally launching the construction phase of the offshore substation after more than a year of engineering and preparation work…

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Jan 22, 2026

Chevron plans to close a deal to sell its oil refining and distribution assets in Singapore in the first quarter of the year as it engages in a final round of talks with Japanese refiner Eneos and Glencore, four sources with knowledge of the matter said…

Inpex to Refile Environmental Plan for Australia’s Offshore CCS Project

Jan 20, 2026

Japan’s Inpex will resubmit an environmental plan for its proposed 8 million metric ton-per-year Bonaparte carbon capture and storage (CCS) project off the north coast of Australia, a company spokesperson told Reuters on Tuesday.On Sunday, the…

Eco Wave Power Moves Forward with 1MW Porto Wave Energy Project

Jan 16, 2026

Eco Wave Power has completed a key technical assessment and submitted its execution plan for a 1 MW wave energy project in Portugal’s Porto, as the company moves the project from planning toward construction.The company said a wave and loads…

ABS and AMOG to Advance Offshore Mooring Digital Twin Technology

Jan 13, 2026

ABS and AMOG Consulting have signed a memorandum of understanding (MOU) to collaborate on an offshore mooring digital twin.The agreement combines AMOG’s monitoring technology with ABS’ classification and certification capabilities to deliver…

Oil Executives Dispute Trump's Claim of Talks with US Majors on Venezuela

Jan 05, 2026

Four oil executives who are familiar with the situation say that the Trump administration didn't consult Exxon Mobil, ConocoPhillips or Chevron about Venezuela either before or after U.S. forces captured Venezuelan president Nicolas Maduro on Jan…

Wind Power LAB Names New Chief

Jan 05, 2026

Wind Power LAB (WPL), a Danish specialist in blade inspection and wind turbine consulting services, has appointed Lene Hellstern as its new Chief Executive Officer.Hellstern brings over 24 years of experience in the global onshore and offshore wind industry…

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

Dec 12, 2025

Scottish engineering and consultancy firm Wood has secured a ten-year contract with NextDecade to deliver maintenance solutions at Rio Grande LNG, a major natural gas liquefaction and export facility under development near Brownsville in Texas…

UK Regulator Grants Multi-Year Extension for Pilot Oil Field License

Nov 24, 2025

The UK North Sea Transition Authority (NSTA) has approved a three-year extension to the second term of License P2244, which contains the Pilot oil field, pushing the expiry date to December 2028.Orcadian Energy holds an 18.75% carried interest in the license…

DNO Enlists AGR to Assess North Sea Reserves and Resources

Nov 20, 2025

Oil and gas firm DNO Norge has hired AGR, part of ABL Group, to carry out an independent evaluation of reserves and resources for the oil and gas operator’s asset portfolio.AGR will provide DNO Norge, which is the Norwegian operation of Oslo-listed DNO…

Technip Energies to Supply CO2 Loading Arms for Northern Lights CCS Project

Nov 17, 2025

Technip Energies Loading Systems has secured a contract to supply three fully electric marine loading arms for phase 2 of the Northern Lights CO2 transport and storage project in Øygarden, Norway.The loading solution will be installed at the…

TADEK Celebrates 15th Anniversary with Leadership Restructure

Nov 12, 2025

TADEK Ocean Engineering, a UK offshore engineering consultancy delivering front-end advisory, through-project delivery solutions and naval architecture analysis, announced its new look leadership team and strategic new senior appointments as the company prepares for further growth…

RINA Wins FEED Contract for Petronas’ Flagship CCS Project in Malaysia

Oct 17, 2025

Italian classification and marine engineering consultancy RINA has secured a Front-End Engineering Design (FEED) contract by Petronas CCS Ventures (PCCSV) for the Southern Onshore Facilities of Malaysia’s flagship carbon capture and storage (CCS) project…

Semco Maritime, PTSC M&C Sign Substation Deal for Taiwan’s OW Farm

Sep 29, 2025

The consortium between Semco Maritime and PTSC Mechanical & Construction has secured an Engineering, Procurement, and Construction (EPC) contract with Synera Renewable Energy (SRE) to deliver the offshore substation for the Formosa 4 offshore wind farm in Taiwan…

Golden Software Expands 3D Drillhole Visualization, Overall Usability in Surfer Mapping Package

Sep 10, 2025

Golden Software has continued to enhance the 3D drillhole viewing functionality in the latest release of its Surfer mapping and 3D visualization software package. Overall, the new version of Surfer provides users with several upgrades to save time and streamline creation of subsurface maps…

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