Engineering News

 

HAL Buys Offshore Installation Equipment Firm IQIP from Royal IHC

Mar 17, 2023

HAL, the Dutch investment subsidiary of HAL Holding, has acquired IQIP, a supplier of foundation and installation equipment to the offshore wind, coastal & civil, and oil & gas markets from Royal IHC for an undisclosed fee.IQIP is active worldwide and both sells and rents out equipment…

Dogger Bank A Sets Sail: Giant Offshore Wind Farm Takes Another Step Forward

Mar 17, 2023

Dogger Bank A, a substation for the first phase of the giant Dogger Bank offshore wind farm in the UK, sailed away from Aibel's Yard in Haugesund, Norway, on Thursday.Dogger Bank A is the first of three Offshore Wind Platforms Aibel is building…

350 New Jobs: Haizea Bilbao to Supply Monopiles for UK's East Anglia Three Offshore Wind Farm

Mar 16, 2023

Scottish Power, a UK subsidiary of Iberdrola, a Spanish renewables giant, on Wednesday signed a framework agreement worth over €200 million with Haizea Wind Group, for Haizea Bilbao to supply 50 monopiles to the East Anglia Three offshore wind farm in the UK…

Yinson Partners with AVEVA to Develop Fully Autonomous FPSOs

Mar 09, 2023

Malaysian FPSO provider Yinson has partnered up with industrial software firm AVEVA to enable Yinson to develop 'fully autonomous and sustainable' Floating Production Storage and Offloading (FPSO) solutions.'AVEVA’s software, in combination with [Yinson's] FPSO expertise and extensive data sets…

Belgian Firms Unveil Harsh-environment Offshore Floating Solar Tech

Mar 08, 2023

The Belgian companies DEME, Tractebel, and Jan De Nul on Wednesday introduced a new harsh-environment offshore floating solar technology called SEAVOLT.According to the three firms, SEAVOLT technology (patent pending) can withstand harsh offshore…

Chariot Makes Progress with Anchois Gas Project Offshore Morocco as FEED Complete

Mar 08, 2023

Africa-focused oil and gas company Chariot said Wednesday it had completed the Front-End Engineering and Design ('FEED') on the key components of its flagship Anchois gas development project ('Anchois'), offshore Morocco. The Anchois gas field is located within the Lixus Offshore license area…

Alaska's Qilak LNG Targets Asia with $5B Project to Compete with Russia

Mar 08, 2023

Qilak LNG plans to invest $5 billion in a proposed liquefied natural gas (LNG) facility in Alaska's North Slope to compete with Russia's Yamal project for Asian customers towards the end of this decade, its chief executive said. Major LNG importers such as Japan…

Aibel Wins Contract for Completion of Shell's Penguins FPSO

Mar 07, 2023

Norwegian energy industry engineering and construction service firm Aibel has won a contract for tasks related to the completion of Shell’s Penguins floating production, storage, and offloading (FPSO) unit, which recently arrived in Norway.The Penguins FPSO…

Eni Installs "World's First" Inertial Sea Wave Energy Converter Offshore Pantelleria

Mar 07, 2023

Italian energy firm Eni said Tuesday it had installed the world's first Inertial Sea Wave Energy Converter (ISWEC) device connected to the electricity grid of an island.The ISWEC is located about 800 meters off the coast of Pantelleria island…

Canary Islands: X1 Wind's Floating Wind Prototype Produces First kWh

Mar 07, 2023

Barcelona-based floating wind technology firm X1 Wind said Tuesday that its X30 floating wind prototype, installed in the Canary Islands, Spain, has produced its first kWh.The company said the milestone marked the world’s only floating wind platform currently installed with a TLP mooring system…

Britain's Wood Group Considers Rejecting Latest Buyout Proposal from Apollo Global

Mar 07, 2023

John Wood Group said on Tuesday it was considering rejecting the latest buyout proposal from private-equity firm Apollo Global Management Inc, citing that the offer undervalued the British oilfield services and engineering company. The proposal by Apollo on March 6…

Petrofac Extends North Sea Partnership with ICR Integrity

Feb 28, 2023

ICR Integrity (ICR), global provider of specialist repair, inspection, and integrity solutions, said Tuesday it had been re-awarded the Master Service Agreement (MSA) with Petrofac, valued at over £1 million per year, after a successful tender…

Saipem Raises Expectations after Exceeding 2022 Targets

Feb 28, 2023

Italian energy services group Saipem on Monday raised its earnings expectations for 2023 and the next few years after beating 2022 targets as its restructuring plan started to bear fruit. The company reported adjusted core earnings of 595 million euros ($631 million) on sales of 9…

Odfjell Oceanwind Launches Floating Wind Foundation Design for 15MW Turbines

Feb 28, 2023

Norwegian floating offshore wind engineering firm Odfjell Oceanwind has launched a floating wind foundation design, the Deepsea Star, that will be able to take 15 MW and larger wind turbine generators (WTGs).  The company has previously received…

EOG Resources Says Low Natgas Prices Not Changing Drilling Plan

Feb 27, 2023

U.S. oil and gas producer EOG Resources on Friday said it had no plans to alter its strategy around new natural gas drilling, despite a sharp decline in prices this year. Rival producers, including Chesapeake Energy, Southwestern Energy, and Comstock Resources…

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