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Oct. 3 (offshoreWIND.biz) Japan’s Ministry of Economy, Trade and Industry (METI) and the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) have identified two sites off Akita City and Hibikinada Sea as promising offshore wind areas, while three sites off Chiba, Nagasaki, and Kagoshima have been marked as preparation areas. The newly designated promising areas... Continue Reading →
Oct. 3 (offshoreWIND.biz) Samsung Heavy Industries (SHI) has received an approval in principle (AiP) from ABS for its new semi-submersible floating wind turbine design, named SnapWind Float. The AiP from ABS comes shortly after the design was issued an Approval in Principle by the Korean Register (KR). The SnapWind Float, designed for 15 MW offshore wind... Continue Reading →
Sept. 30 - After departing the Benoi shipyard in Singapore on July 13th, the FPSO P-78 arrived today, September 30th, at the Búzios Field, in the pre-salt layer of the Santos Basin. The unit will now be connected to the wells to begin production shortly. The Búzios Field is located in ultra-deep waters of the Santos Basin at depths of up to 2,100... Continue Reading →
Seatrium has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its proprietary FLEXHull 1500K-M floating production storage and offloading (FPSO) design. The AiP underscores Seatrium’s ability to deliver advanced solutions for deepwater oil and gas production, the company said. The FLEXHull 1500K-M is designed to handle topside loads of up... Continue Reading →
Sept. 9 - FairWind, a global leader in wind turbine installation and service solutions, has appointed Aitor Diaz de Lezana Fernández to the newly created role of Regional Head of Service for Southern Europe, South America & South Africa (SESA). Mr Diaz de Lezana Fernández brings more than 19 years’ experience in the wind sector,... Continue Reading →
Aug. 28 (Reuters) Singapore's Keppel has initiated arbitration proceedings against local shipbuilder Seatrium for a S$68.4 million ($53.33 million) claim related to a corruption crackdown in Brazil, the companies said on Tuesday. In 2023, Seatrium had made provisions worth S$82.4 million to pay Keppel against claims related to the crackdown, named Operation Car Wash. Seatrium... Continue Reading →
Aug. 27 (OE) Seatrium has secured a contract from Golar Hilli Corporation, a subsidiary of Golar LNG, to perform the upgrading of floating liquefied natural gas (FLNG) unit Hilli Episeyo. Scheduled to enter the yard in the third quarter of 2026, the project involves technical modifications for FLNG Hilli Episeyo’s redeployment. The scope of work... Continue Reading →
Aug 27 (Reuters) - Chinese offshore oil and gas major CNOOC posted a 13% decline in interim net income after lower oil prices offset the impact of record-high oil and gas production. Net profit attributable to equity shareholders dropped to 69.5 billion yuan ($9.7 billion) after a record interim profit in 2024, according to a filing... Continue Reading →
Aug 26 (Reuters) - Japan's industry and land ministries on Tuesday proposed revising guidelines to extend offshore wind project leases by 10 years, from the current 30 years, to help developers manage soaring construction costs and complete projects. The proposal was submitted to a joint expert panel of the Ministry of Economy, Trade and Industry... Continue Reading →
Aug. 26 (Reuters) A Mitsubishi Corp consortium is preparing to withdraw from three offshore wind power projects in Japan's Chiba and Akita prefectures due to concerns over profitability, the Nikkei business daily reported on Tuesday. Japan, heavily reliant on energy imports, has turned to renewable energy to bolster energy security and achieve carbon neutrality by... Continue Reading →
Brazil Energy Insight 