India's cabinet has approved funding program for offshore wind energy projects at a total cost of 74.52 billion rupees ($893.60 million), the government said in a statement on Wednesday.India, one of the world's biggest emitters of greenhouse gases…
Tapping tidal flows for power generation has long been an elusive goal for clean-energy advocates. Formidable hurdles in logistics, technology and public acceptance make plans far from certain.Orcas Power and Light Cooperative (OPALCO) has quietly…
The production of new cables with a voltage of 525 kV, intended for the BalWin4 and LanWin1 offshore wind grid connection projects, has started at LS Cable’s facilities in South Korea.The start of production at LS Cable in South Korea’s Donghae…
Oil producer Hess on Tuesday said it is currently facing three lawsuits alleging inadequate disclosures over its proposed sale to Chevron.Chevron last October offered to acquire Hess in a move to gain a foothold in oil-rich Guyana's lucrative offshore fields…
Renewable energy industry supplier Ocean Geophysics has introduced a solution to recycle and reprocess freely available seismic data, which can help developers reduce cost and risk when deciding which wind farms to bid for or not.In Europe and Australia…
Saipem’s underwater intervention drone Hydrone-R, currently operating on Equinor's Njord Field development project offshore Norway, has achieved the milestone for continuous subsea residency of 167 days.The project, for which Saipem’s Hydrone-R is deployed…
Oilfield services provider Petrofac has secured a technical services contract from the national oil company of Equatorial Guinea GEPetrol to support the operations of Block B assets.Under the contract, valued at around $350 million over five years…
BW Offshore has signed an agreement to recycle FPSO Petróleo Nautipa in compliance with the Hong Kong International Convention at Baijnath Melaram ship recycling facility in India.BW Offshore intend to have BW Offshore personnel continuously at the site during the recycling period…
McDermott has appointed Maurizio Coratella to be Executive Vice President and Chief Operating Officer effective May 1, 2024.In his new role, Coratella will apply his more than three decades of industry leadership and engineering and construction…
Norwegian oil company Equinor EQNR.OL has ordered 15 new helicopters from manufacturers Leonardo LDOF.MI and Textron's TXT.N Bell, with first deliveries expected next year, broadening the range of available aircraft, it said on Friday.The announcement…
The American Bureau of Shipping dominates the global market in the classification of Floating Production. Offshore Engineer recently sat with Matt Tremblay, ABS’ Vice President of Global Offshore Markets, at American Bureau of Shipping HQ in…
The very first Brunvoll BruCon DP2 dynamic positioning system has passed third party verification onboard the offshore vessel Stril Mar.The BruCon DP2 installation was part of a larger power and energy management system upgrade onboard Stril Mar…
Equinor has awarded a contract to operate two new search and rescue helicopters (SAR) for the Troll and Oseberg area in the North Sea to Lufttransport.The new helicopters will be part of the SAR emergency response system and carry out assignments…
Longitude Engineering, part of Oslo-listed ABL Group, has secured a contract to provide detailed design and engineering services for the subsea development of Phase-X at Egypt’s West Delta Deep Marine concession, part of the Burullus Gas Field in the Mediterranean Sea…
Australian offshore vessel operator MMA Offshore has acquired the vessel “Offshore Solution” to supplement its multi-purpose support vessel fleet. The Offshore Solution is a 2016 European-built, 54-meter, DP-2 multi-purpose support vessel fitted with two deck cranes…
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