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May 6 (OE) EnerMech has been awarded a subsea pre-commissioning contract by Subsea7 for the Trion ultra-deepwater oil development offshore Mexico. The Trion project, located about 180 kilometers offshore in the Perdido Fold Belt at water depths of 2,500-2,600 meters, is being developed by operator Woodside and Mexico’s state oil company PEMEX. The development includes... Continue Reading →
May 6 - DOF Group has secured four 12-year charter and services contracts in Brazil following a competitive tender process, supporting Petrobras’ deepwater subsea inspection, maintenance and repair operations. The contracts will lead to the construction of four new remotely operated vehicle support vessels (RSVs), with operations expected to begin from 2030, DOF said. The... Continue Reading →
May 6 (OE) Europe's offshore wind expansion is running into a structural supply constraint where the turbine market is becoming increasingly concentrated. GE Vernova, Siemens Gamesa and Vestas have historically anchored Western offshore turbine supply, but with GE Vernova having paused new offshore wind orders following a series of technical and operational setbacks, Siemens Gamesa... Continue Reading →
May 6 (OE) Baker Hughes and thermoplastic composite pipe manufacturer Strohm have signed an agreement to jointly develop a hybrid flexible pipe for ultradeepwater flowline and riser applications. The companies said the new solution is aimed at offshore projects in water depths exceeding 3,000 metres, as operators seek lower-cost and lower-risk technologies for deepwater developments.... Continue Reading →
May 6 (Reuters) - Equinor missed quarterly cash-flow forecasts on Wednesday, hitting its shares even as the Norwegian oil major posted its strongest profit in three years on record output and Iran war-driven price gains. Shares in the majority state-owned group were down 7.6% at 0911 GMT, underperforming a 2% drop in European energy stocks, though... Continue Reading →
May 6 (offshoreWIND.biz) China Three Gorges (CTG) Corporation has completed the installation of a 16 MW floating offshore wind turbine, described as the world’s largest single-unit floating wind turbine platform, off Yangjiang, Guangdong. The Sanxia Linghang (Three Gorges Pilot) platform was installed on 2 May in waters located more than 70 kilometres offshore at depths... Continue Reading →
May 6 (Reuters) Danish offshore wind developer Orsted on Wednesday reported a first-quarter core profit above forecasts, driven by an increase in power output and kept its full-year outlook for the year. Orsted in recent years struggled with soaring costs from supply chain disruption and inflation and last year said it would focus more on... Continue Reading →
May 5 (OE) Gulf Marine Services (GMS), a provider of jack-up support vessels to the offshore energy industry, has secured two contracts, marking its entry into Africa and Latin America and expansion of its footprint into new offshore energy markets. The first contract covers the deployment of a newly acquired vessel on a 170-day charter,... Continue Reading →
May 4 (Reuters) - BP plans to complete its three-well appraisal plan for the Bumerangue project in Brazil's offshore Santos basin by the end of next year's first semester, the firm's senior vice president for upstream in Brazil said on Monday. The company will move a rig to begin the appraisal between late 2026 and early... Continue Reading →
May 5 (offshoreWIND.biz) Ocean Winds (OW), the international offshore wind energy company created by EDP Renewables and ENGIE, has started electricity production at its 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) floating offshore wind farm. With first power now delivered to the French grid, the project is already supplying renewable energy to homes... Continue Reading →
Brazil Energy Insight 