SLB has signed a memorandum of understanding (MOU) through its OneSubsea joint venture with C-Power aimed at exploring the use wave energy as a lower-cost, lower-carbon power source for subsea energy applications.Subsea Integration Alliance partners SLB OneSubsea and Subsea7 will together with U…
Brava Energia, a Brazilian oil and gas firm created by the merger of 3R Petroleum and Enauta, has secured operating license for a floating, production storage, and offloading (FPSO) unit Atlanta, ahead of production of first oil through the new platform from the Atlanta field offshore Brazil…
Power equipment maker GE Vernova expects its wind segment to post a core loss of $300 million in the third quarter due to additional costs related to offshore blade failures, the company said on Thursday.The projected core loss in GE Vernova's…
Renexia, through its subsidiary Renext Solutions, has signed a front-end engineering and design contract (FEED) with Aker Solutions to design the underwater substations for Med Wind project, a 2.8 GW floating wind farm in the Mediterranean Sea…
The Vesterhav Nord and Vesterhav Syd offshore wind farms, developed by Vattenfall with a combined capacity of 344 MW, have been officially inaugurated offshore Denmark.The two, almost identical wind farms, are located off the Danish west coast and consists in total of 41 wind turbines…
Offshore accommodation rig provider Prosafe has informed that its Safe Concordia semi-submersible flotel will remain in the U.S. Gulf of Mexico for additional four months as part of $13.1 million charter extension.The charterer of the Safe Concordia…
Gulf Marine Services (GMS), a provider of jack-up support vessels for the global energy industry, has secured a new long-term contract for one of its vessels in the Gulf Cooperation Council (GCC) region.The contract spans a total of five years…
Woodside Energy shut-in oil and gas output on Wednesday at its Shenzi offshore production platform in the U.S. Gulf of Mexico, the company said.An onshore refinery lost power prompting the shut-in, a Woodside spokesperson said.The company earlier…
French subsea power cable maker Nexans has unveiled plans to invest $99 million (€90 million) in the construction of new and the upgrade of existing facilities to support the development of offshore wind and subsea interconnections in Europe…
Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the company's CEO said on Wednesday.Norwegian-born billionaire John Fredriksen lost the control of the company, once the world's largest driller by market cap…
South Korean conglomerate Hanhwa Group has offered to acquire all of the shares it does not own in Singapore's Dyna-Mac Holdings, valuing the offshore oil and gas contractor at S$669.2 million ($513.90 million).Hanhwa's units Hanhwa Aerospace and Hanwha Ocean already own a 25…
Transmission system operator TenneT and marine engineering and construction company Seatrium have held a strike steel ceremony at Tuas Boulevard Yard in Singapore, marking the start of construction of offshore platform IJmuiden Ver Beta, one of the first Dutch 2 GW grid connection projects…
Thistle Wind Partners (TWP), a consortium of DEME Concessions, Qair and Aspiravi, has submitted a scoping report for the onshore infrastructure related to its 1 GW Bowdun offshore wind farm in Scotland.The report provides information on the…
Van Oord’s new cable laying vessel (CLV) Calypso is gearing up for its debut at RWE’s 1.4 GW Sofia offshore wind farm in the UK.The inter-array cables have been loaded onto Calypso CLV at the Port of Blyth in the UK, ahead of its first job at RWE’s biggest offshore wind…
Equinor-operated Troll B and C platforms in the North Sea have become partly powered from shore, which will result in the reduction of annual emissions from the Norwegian continental shelf (NCS) by 250,000 tonnes of CO2.The achievement is in…