Australia's Transborders Energy, a company working to develop an FLNG solution for marginal field development, has signed a partnership agreement with the floating production solutions giant SBM Offshore.Perth-based Transborders said Sunday…
Offshore wind currently represents just a small piece of the world’s energy supply. But that’s changing faster than ever before as new and existing players look to tap the huge resource potential—and market opportunities—being unlocked by shrinking costs and technological advances…
Malaysian energy and offshore services company Sapura Energy has revealed it has recently secured a batch of contracts across Southeast Asia worth RM766 million ($179,6 million) in total.The contracts are secured by Sapura Energy's subsidiaries…
Miclyn Express Offshore, a Singapore-based offshore vessel provider to the offshore energy industry, has secured contracts for 14 of its crewboats.The company on Monday said that 14 of its crew boats have been contracted for a long term charter 'with a leading E&P company in Thailand for 1…
SBM Offshore, the Netherlands-based FPSO supplier, has shared a video of its Liza Unity FPSO Hull going into the dry dock in Singapore.The hull was ordered on speculation in 2017 as the first of what are now five hulls being built as part of SBM Offshore's Fast4Ward standardized-FPSO-hull program…
SBM Offshore, one of the world's largest FPSO solutions providers, on Wednesday slightly reduced 2020 guidance due to uncertainty caused by the COVID-19 pandemic and the low oil price environment, but the CEO is optimistic the company will not just weather the storm…
Liza Unity, an under-construction FPSO that will be Guyana's second offshore facility in production, remains on schedule for first oil in 2022, Hess Corp. said Thursday.Guyana became an oil-producing nation in December 2019, when Exxon brought online the Liza Destiny FPSO…
Singapore-based offshore drilling rig builder Keppel Offshore & Marine has delivered a newbuild jack-up drilling rig to Norway's Borr Drilling.The rig, named Hild, was built to Keppel's KFELS Super B Class design. The Hild is the sixth jack-up that Keppel has delivered to Borr Drilling…
Climate change has been a hot topic over the last few years, with tighter environmental regulations being introduced.Large multinational companies are under increasing pressure to reduce their carbon footprint and transition to cleaner energy solutions…
DNV GL has signed a four-year framework agreement with TenneT to provide project certification for new High Voltage Direct Current (HVDC) substations linked to offshore wind farms in the German North Sea.Agreement includes certification of…
European energy giant Vattenfall opened Scandinavia’s largest offshore wind farm, Horns Rev 3.The 49 wind turbines on the Horns Rev 3 also represent Vattenfall’s and Denmark’s largest offshore wind farm, which is located 25-40 kilometers off Denmark’s west coast in the North Sea…
Power companies including Ørsted, Vattenfall, Innogy, SSE and Scottish Power and financial investors such as infrastructure and pension funds are active in UK offshore wind power, said Deloitte.Japan, China and other countries in Asia are also showing increasing interest in the market…
Japanese companies Sumitomo Corporation and Electric Power Development Co., Ltd. (J-POWER) have begun an offshore ground investigation off the coast of Japan to explore the possibility of developing an offshore wind power plant.The Japanese…
Activity in the floating production sector has not been slowed by the recent volatility seen across global oil markets, according to a recent report by World Energy Reports (WER).Brent oil, which had reached as high as the mid $70 range earlier this year…
The American supplier of rotor blades to the wind industry LM Wind Power, part of GE Renewable Energy, has displayed its first 107-meter blade, for GE’s Haliade-X 12 MW wind turbine, which has made its first trip outside its factory in Cherbourg…