Danish engineering group Ramboll will investigate the feasibility of producing hydrogen offshore at a multi-gigawatt scale with NortH2 in the Dutch part of the North Sea.The NortH2 consortium, consisting of Eneco, RWE, Equinor and Shell, in partnership with Gasunie…
Oilfield services provider Petrofac Ltd on Tuesday forecast an annual operating loss of about $100 million due to challenges in recovering costs in its engineering and construction (E&C) division. The group expects E&C, its largest division…
Norwegian construction firm Veidekke said Monday it has set its sights on the offshore wind market, with the company planning to become a key part of the value chain for floating offshore wind.The company said it was already participating in…
The Norwegian oil and gas company DNO said Monday it had acquired an additional 10 percent stake in the Berling field development project from Sval Energi AS. DNO now owns a 30% stake in the 2018 gas and condensate discovery, previously known as Iris Hades offshore Norway…
Oil and gas company Aker BP has awarded Aibel, a Norwegian engineering and construction firm, a contract worth around 7 billion crowns ($706,1 million) to build the Munin offshore platform (formerly Krafla) in the Yggdrasil area, offshore Norway…
South Korea's Hanwha Group has signed an agreement to take over Daewoo Shipbuilding & Marine Engineering, Daewoo Shipbuilding said in a regulatory filing on Friday. The deal comes after the two parties signed a tentative agreement in September in which affiliates of Hanwha Group…
Norwegian offshore energy engineering and construction company Aker Solutions has signed a Letter of Intent (LOI) with the oil firm OKEA for the electrification of OKEA's Draugen offshore platform. The Draugen oil field sits in about 250 meters of water…
Vuyk Engineering Rotterdam has launched a design for a new offshore wind foundation installation vessel (FIV), called VERticale, in response to ever-growing wind turbines needing larger foundations.'VERticale is developed for an optimized deck layout…
Italian renewable developer Renexia has selected France's Technip Energies to study and design key elements of one of the world's biggest floating offshore wind farms, the French engineering group said on Thursday. The French group, which this…
Italian energy industry services company Saipem has secured offshore oil and gas field construction contracts in Guyana and Egypt worth about $1.2 billion in total.In Guyana, the U.S. oil major ExxonMobil has hired Saipem to support its Uaru offshore oil field development project…
Oil major BP said Tuesday that the jacket of the Azeri Central East (ACE) platform built at the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) was ready for load-out to sail away to its permanent location in the ACG contract area in the Caspian Sea…
U.S. offshore wind developer Atlantic Shores, a 50:50 partnership between Shell and EDF, has executed a Pre-Commitment and Capacity Reservation Agreement (PCCRA) with EEW American Offshore Structures Inc. (EEW-AOS) to serve as the manufacturing company for monopiles on its 1…
UK North Sea-focused Hartshead Resources has awarded Petrofac two contracts in respect of the platforms FEED contract for Harshead's Anning and Somerville unmanned minimum facilities jackets and topsides and the subsea FEED contract for the…
Northern California has some of the strongest offshore winds in the U.S., with immense potential to produce clean energy. But it also has a problem. Its continental shelf drops off quickly, making building traditional wind turbines directly on the seafloor costly if not impossible…
Brazil-based Radix Software and Engineering said Monday it had created a virtual FPSO training environment for a major operator with the goal of reducing risk in the asset commissioning phase by training operators in process optimization and validation of operational manuals…
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