SBM Offshore, Microsoft Team Up for Clean AI-Driven Floating Power Solutions

(OE) SBM Offshore has entered into a global collaboration agreement with Microsoft to develop standardized, AI-powered carbon-free floating power solutions to address the growing needs for reliable, affordable, carbon-free electricity. This collaboration is set to transform industrial electrification by combining SBM Offshore’s deep expertise in scalable ocean energy infrastructure and Microsoft’s leadership in AI, cloud... Continue Reading →

Argentina’s Vaca Muerta Fuels Oil Production Surge

(oilprice.com) Argentina’s controversial president Javier Milei, a self-described anarcho-capitalist, on taking office enacted strict austerity measures to rein in rampant triple-digit inflation, kick-start the economy and slash a massive fiscal deficit. While it is too early to tell if Milei has reversed decades of economic mismanagement there are promising signs of a miracle emerging. Inflation has plummeted... Continue Reading →

Saipem Unveils Star1 Floating Wind Foundation for Next-Gen Turbines

(offshoreWIND.biz) Saipem has unveiled its Star1 semi-submersible floating wind foundation technology. The star-like shape foundation was recently selected for two floating wind projects planned to be built in Italy. The steel semi-submersible floating wind foundation consists of three arms converging at the centre, where the tower supporting next-generation turbines is installed, including those exceeding 20... Continue Reading →

Reducing cost and risk in floating offshore wind asset integrity monitoring

(offshoreWIND.biz) Offshore windfarm projects currently in development present unique business challenges, even for experienced developers and operators. Newer sites are increasingly far from shore, in harsher metocean conditions, spread over large areas, and utilising floating structures. Floating turbines, which use mooring line systems to connect to anchors, exhibit the greatest challenges. The lines are vulnerable... Continue Reading →

Japan’s FLOWRA and UK’s ORE Catapult Sign Floating Offshore Wind Agreement

(offshoreWIND.biz) Japan’s Floating Offshore Wind Technology Research Association (FLOWRA) has signed a memorandum of understanding with the Offshore Renewable Energy Catapult (ORE Catapult) in the UK to consider collaboration on technology development in the floating offshore wind sector. The MoU aims to lay the groundwork for concrete activities to reduce costs and risks in the... Continue Reading →

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