Technology News

 

DeepOcean Wins Vessel Contract Extension in Mexico

Aug 20, 2024

DeepOcean won a contract extension with Diavaz for the vessel, Arbol Grande. The vessel will work on Inspection Maintenance and Repair (IMR) services in Mexico for the next five years.Arbol Grande is a construction and subsea vessel, delivered…

Inside the Future of AI-Driven Weather Prediction

Aug 20, 2024

Volue and Jua announce a partnership to harness the power of AI driven weather predictionVolue announced a partnership agreement with Jua that the tandem see as revolutionizing weather prediction for the renewable energy market.  The partnership…

Windfarm to Serve as an Environmental Monitoring Platform

Aug 20, 2024

Salamander, a joint venture between Ørsted, Simply Blue Group and Subsea7, has partnered with two Scottish universities to investigate any potential impact of floating windfarms on marine ecosystems.The PREDICT 2.0 initiative involves deployment…

Petronas, ADNOC, Storegga Target 5M tons per year of Carbon Capture

Aug 20, 2024

Malaysia's Petroliam Nasional (Petronas) will collaborate with Abu Dhabi National Oil Company (ADNOC) and U.K.-based Storegga to evaluate carbon dioxide emissions storage in Malaysia, the companies said on Tuesday.The three companies have signed…

Maine Wins Federal Floating Wind Research Lease

Aug 19, 2024

The Biden administration on Monday issued an offshore wind lease to the state of Maine for a small project that will demonstrate floating turbine technology off the U.S. East Coast.The lease area covers 9,700 acres (3,920 hectares) and is 28 nautical miles (52 kilometers) from shore…

A Hydrogen Balancing Act in Offshore Energy

Aug 19, 2024

The intermittency of offshore wind power is both a challenge and an opportunity for green hydrogen production.  There will be a new generation of platforms taking up space in offshore wind farms as hydrogen production is used to help balance power supply and demand…

"World's Most Powerful Floating Wind Turbine" Sets Sail

Aug 19, 2024

OceanX, which is reported by its developer MingYang Group to be the world's largest single capacity floating wind power platform, embarked on its journey from Guangzhou to the Yangjiang Mingyang Qingzhou IV offshore wind farm in Guangdong, China…

New Project Marks Tipping Point for Subsea Electrification

Aug 18, 2024

OneSubsea™, an SLB joint venture, recently announced a contract award for its all-electric subsea production system, and John Macleod, vice president of technology and strategy at SLB OneSubsea, sees it as the onset of a tipping point.“Large…

Mind the Drivetrain

Aug 18, 2024

Commercial vessels, whether used for offshore energy projects or traditional maritime transport, vary widely in size, shape and performance. While there are many differences, there are many similarities, too. Namely, they are generally ‘expensive’ capital pieces of equipment…

China’s First Offshore Wind Power SOVs Delivered

Aug 16, 2024

AUGUST 16, 2024 - Today, the first two China-built offshore wind power SOVs (Service Operation Vessels) ZHI ZHEN 100 and ZHI CHENG 60 was held in Qidong, China. The two SOVs were delivered by Shanghai Zhenhua Heavy Industries Co., Ltd. to Shanghai Electric Wind Power Group Co…

Is Seawater Electrolysis Economic Folly?

Aug 16, 2024

While scientists hail their advances in producing green hydrogen directly from seawater, others see it as pointless.The idea of getting rid of the pre-treatment of seawater that is required to provide pure water to electrolyzers seems to make sense – it reduces costs…

Shipbuilding: Wind Turbine Installation Vessel Delivered to Cadeler

Aug 16, 2024

Cadeler took delivery of the fifth and newest addition to its fleet – Wind Peak, the first of seven newbuilds for which Cadeler currently has signed contracts. The P-class jack-up installation vessel was built at COSCO Shipping Heavy Industry (COSCO) shipyard in Qidong…

Shell Plans Water Injection at Vito Field

Aug 14, 2024

Shell announced it will use water injection to enhance oil volume capacity at its deepwater Vito field in the U.S. Gulf of Mexico.The British multinational oil major on Wednesday said its Shell Offshore Inc. subsidiary has taken a final investment decision (FID) on the project…

Philippine Fishermen Fear Floating Solar Farm Could Sink Their Livelihoods

Aug 13, 2024

Fishing has been a lifeline for Alejandro Alcones for the past four decades, but he now fears his small boat may be replaced by a floating solar farm on the Philippines' largest lake.Alcones is part of a group of fishermen opposed to the government's plan to place solar panels atop Laguna de Bay…

Offshore Wind: Inside the Financial Web

Aug 07, 2024

Early 2024 saw a group of financial deals that have implications, in a broad sense, for how offshore wind projects may be financed. While offshore wind projects might be thought of as being in the ‘utility finance’ basket, they are ultimately…

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