Offshore Activity - page 3

 

CIP’s South Korean Offshore Wind Project Delivers First Power

Nov 18, 2024

The first commercial-scale offshore wind project in South Korea, Jeonnam Offshore Wind 1, has delivered first power ahead of planned commercial-scale operation start in 2025.Jeonnam Offshore Wind 1, a 96 MW offshore wind project off the coast of Shin-an…

Well-Safe Solutions Secures $25M Well Decom Contracts in North Sea

Nov 18, 2024

Offshore well plug and abandonment specialist Well-Safe Solutions has secured two new contracts totaling $25 million for well decommissioning work in the North Sea, using the Well-Safe Protector jack-up and Well-Safe Defender semi-submersible…

Equinor Hires Northern Ocean’s Deepsea Bollsta Rig for Ops Off Norway

Nov 18, 2024

Equinor has awarded a two-year firm contract to Northern Ocean Wind to employ the mobile rig Deepsea Bollsta, operated by Odfjell Drilling, on the Norwegian continental shelf.The contract value for the firm period is calculated at around $335 million…

Norwind Offshore Takes Delivery of Vard-Built CSOV

Nov 18, 2024

Norwegian shipbuilder Vard has delivered a newbuild Commissioning Service Operation Vessel (CSOV) to Norwind Offshore, which has been named Norwind Helm.The vessel naming ceremony was held in Ålesund on November 15, 2024, marking the fifth vessel delivery from Vard to Norwind Offshore…

Final Turbine Stands Tall at Moray West Offshore Wind Farm

Nov 18, 2024

Ocean Winds, a joint venture between Engie and EDP Renewables, has installed the 60th and final offshore wind turbine at its Moray West offshore wind project in northern Scotland.The turbines are Siemens Gamesa SG 14-222 DD type, each capable of generating 14…

Cadeler’s WTIV Newbuild Arrives to Rotterdam Ahead of Maiden Job

Nov 15, 2024

Cadeler’s newbuild offshore wind installation vessel (WTIV) Wind Peak, designed to be able to transport and install up to seven complete 15 MW offshore wind turbine sets per load, has arrived to Rotterdam in the Netherlands, ahead of its first deployment…

LR and SHI Join Forces for Green Ammonia FPSO System

Nov 15, 2024

Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with Samsung Heavy Industries (SHI) for the joint development of a floating production, storage, and offloading (FPSO) system for green ammonia. The FPSO process has been widely used in the oil and gas industries…

BP, Equinor, Shell and TotalEnergies Pledge $500M to Boost Energy Access

Nov 15, 2024

BP, Equinor, Shell and TotalEnergies have joined forces to improve global access to energy, committing a joint investment of $500 million for key regions over the coming years.The funding supports the UN Sustainable Development Goal 7 (UN SDG7)…

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Nov 15, 2024

Seatrium has delivered its fifth newbuild jack-up rig Var to Borr Drilling, nearly one year ahead of schedule.The successful delivery of Var marks the completion of the latest series of five B Class jack-up rigs that Seatrium has built for Borr Drilling…

Cargotec to sell MacGregor to Triton for Over $500M

Nov 15, 2024

Finnish engineering firm Cargotec said on Thursday it would sell its cargo handler business MacGregor to European private equity firm Triton in a deal valued at 480 million euros ($506 million), including debt.The deal would be pursued to help its on-road load handling business…

Terradepth Launches Cloud-Based Ocean Mapping Tool for Offshore Energy Firms

Nov 15, 2024

Ocean data technology specialist Terradepth has launched a cloud-native geospatial platform for its offshore energy clients, dubbed Absolute Ocean.Purpose-built to host complex maritime data, Absolute Ocean provides web-browser based access to ocean maps…

Masdar, SOCAR and ACWA Set Sights on 3.5GW Offshore Wind Projects in Azerbaijan

Nov 15, 2024

UAE’s clean energy powerhouse Masdar has signed a memorandum of understanding (MoU) with SOCAR Green and ACWA Power to develop 3.5 GW of offshore wind projects in the Azerbaijan section of the Caspian Sea.The potential projects would be Azerbaijan’s first offshore wind farms…

Seatrium Launches Digital Learning Lab

Nov 14, 2024

Seatrium and the Institute of Technical Education (ITE) in Singapore have inaugurated a Digital Learning Lab.The ITE-Seatrium Digital Learning Lab is designed to be a leading educational and innovation hub for the marine and offshore energy industry…

Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit

Nov 14, 2024

Malaysian offshore energy facilities provider Bumi Armada said on Thursday that it was in talks with MISC to explore a merger with the maritime conglomerate's offshore unit.In a Bursa Malaysia filing, Bumi Armada said they had entered into a…

TotalEnergies Steps Up Methane Emissions Monitoring Efforts

Nov 14, 2024

TotalEnergies has announced plans to deploy real-time methane emissions detection equipment on all its operated upstream assets by the end of 2025.Since 2022, TotalEnergies has been pursuing its ambition to aim for near-zero methane operated emissions in 2030…

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