Offshore Energy News

 

Subsea Redesign Underway for Floating Offshore Wind

9 hours ago

The 66kV high voltage wet mate connector currently undergoing technical qualification by Baker Hughes weighs in at around one ton and has over 40 liters of dielectric oil protecting copper cable up to 1,200 square millimeters in diameter.The connector is designed to sit on the seabed at the end of a dynamic cable coming from floating wind turbines and connect it to a collector hub that ultimately delivers the megawatts of energy it produces to a subsea substation and then to shore…

ABS, Akselos Sign Floating Wind MOU

7 hours ago

ABS and Akselos have signed a Memorandum of Understanding (MoU) to advance engineering and certification processes for floating offshore wind projects.The companies signed a Memorandum of Understanding (MoU) to collaborate on solutions aimed at optimizing design…

The Five Trends Driving Offshore Oil & Gas in 2025

16 hours ago

[1] Flat Outlook for Global Spend … but … Aadvantaged Projects Attract CapitalWith concerns of a softening oil market, we expect global upstream investment to remain flat or even fall – indeed, the reported 2025 budgets to date show a 3-4% drop…

Jan De Nul Nets Export Cables Installation Job for French Floating Wind Farms

17 hours ago

Belgium-based offshore installation contractor Jan De Nul, in partnership with Greek cable maker Hellenic Cables, has entered into a framework agreement to supply and install export cables for two 750 MW floating wind farms off the coast of Southern Brittany in France…

Shearwater to Proceed with 4D Survey for Petrobras in Campos Basin

17 hours ago

Offshore seismic services firm Shearwater Geoservices has been given a go-ahead from Petrobras to start one of the two 4D projects covering the Jubarte and Tartaruga Verde fields in the Campos Basin area.Under the eight-month contract, announced in January 4…

BOEM Okays New England Offshore Wind Project

Dec 20, 2024

The Interior Department has now approved more than 19 gigawatts of offshore wind energy.The Biden-Harris administration today announced the approval of the SouthCoast Wind Project – the nation’s 11th commercial-scale offshore wind energy project approved under President Biden’s leadership…

Solstad Offshore Bolsters Ownership Stake in Omega Subsea

Dec 20, 2024

Solstad Subsea, a wholly owned subsidiary of Solstad Offshore, has agreed to acquire a 35.8% shareholding in ROV and subsea services provider Omega Subsea for an undisclosed amount.Following completion of all transactions, Omega Subsea will own 100% of Omega Subsea Robotics…

US Firm to Supply Subsea Equipment for West Africa Oil and Gas Project

Dec 19, 2024

Houston-based subsea equipment and services specialist Koil Energy has secured a contract to supply electrical and hydraulic distribution manifolds for a project in West Africa with an undisclosed oil and gas company.The manifolds will play…

Toyo Buys SMD’s ROV Trencher for Japan’s Offshore Wind Sector

Dec 19, 2024

Toyo Construction has acquired a trenching ROV from underwater technology and services company SMD, as part of its investment strategy aimed at Japan’s emerging offshore wind sector.The ROV will form part of Toyo’s expanding fleet of assets…

Ocean Kinetics, Green Marine UK complete OpenHydro Decommissioning

Dec 19, 2024

Ocean Kinetics and Green Marine completed the decommissioning of OpenHydro’s pioneering tidal energy platform at the European Marine Energy Centre (EMEC) in Orkney.A joint venture partnership was formed in April to deliver the decommissioning contract…

Brunvoll Thrusters for REM Offshore

Dec 19, 2024

Brunvoll won another contract with Myklebust Shipyard for the delivery of a comprehensive thruster package, an additional vessel for REM Offshore, the option originally announced in May 2024. Like the previous contract, this agreement also includes an option for a third additional vessel…

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

Dec 18, 2024

Idle time for a drilling rig costs about $250,000 an hour. AI is being embraced across the industry to ensure it doesn’t happen.A while back, an energy major had an unfathomable, intermittent problem with its drilling operations. It was beginning to cost big money…

Oil Climbs After US Crude Stocks Fall

Dec 18, 2024

Oil edged up on Wednesday after a drop in U.S. crude inventories, and as investors eyed a potential interest rate cut by the U.S. Federal Reserve while weighing its projections for 2025.Brent futures were up 62 cents, or 0.85%, to $73.81 a barrel at 10:40 a…

Inyanga Unveils Tidal Energy Tech Design for 20MW Project in Wales

Dec 18, 2024

Inyanga Marine Energy Group has presented the design blueprint for its 20 MW HydroWing tidal energy technology, set for deployment at Morlais site in Wales.The tidal energy array will incorporate the Tocardo T3 turbine, rated at 600kW, for the first time…

Fugro to Perform Fully Remote Subsea Surveys for Petrobras Off Brazil

Dec 18, 2024

Petrobras has signed a 175-day addendum to Fugro’s current inspection, repair and maintenance services contract, performed by the Fugro Aquarius, to include fully remote subsea inspection surveys of shallow-water infrastructure in Brazil.Work will begin in January 2025…

Current News

ABS, Akselos Sign Floating Wind MOU

ABS, Akselos Sign Floating Win

Subsea Redesign Underway for Floating Offshore Wind

Subsea Redesign Underway for F

Floating Offshore Wind: Fuel for Shipbuilding and Ship Repair

Floating Offshore Wind: Fuel f

Equinor’s 10% Stake Acquisition in Ørsted Now Completed

Equinor’s 10% Stake Acquisitio

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