(OET) U.S. offshore engineering and construction player McDermott has been awarded a limited notice to proceed in regards to an engineering, procurement, construction, and installation (EPCI) contract from Shell Trinidad and Tobago Limited, a subsidiary of the UK-headquartered energy giant Shell, for a gas development project offshore Trinidad and Tobago. According to McDermott, this limited notice to... Continue Reading →
NOV Launches Floating Wind Installation Vessel Concept
(OE) NOV has unveiled a new installation vessel concept design tailored specifically for the unique challenges of the emerging floating offshore wind sector. Floating wind farms are often farther offshore, in deeper waters and in harsher environments, therefore requiring new and robust installation strategies. According to NOV, its new floating wind installation vessel (FWIV) concept—part... Continue Reading →
Lifting smarter to support growing FPSO and FLNG sizes – article
By Gavin Kerr, Mammoet (OM) The drive to construct bigger FPSO and FLNG facilities is essential to improve productivity, with superior efficiency benefits to be gained compared to smaller assets. But this trend is not without challenges, including whether there is the correct construction equipment and methodologies to achieve what has been designed. Modularized construction... Continue Reading →
Goldwind Installs Its 16 MW Offshore Wind Turbine in ‘Record-Breaking 24 Hours’
(OW) Chinese wind turbine manufacturer Goldwind has completed the hoisting of its GWH252-16MW unit in a “record-breaking 24 hours”, the company said via social media. By using strategies that preemptively optimised processes through stimulations, the feat not only reduced construction costs but also served as a “vital breakthrough” for scaling up offshore wind potential in future projects,... Continue Reading →
BV Gives Design Approval for Enerocean’s W2Power Floating Wind Solution
(OE) Certification body Bureau Veritas (BV) presented Enerocean S.L. with the definite issue of its Certificate of Basic Design Approval of the W2Power floating wind solution. The certification represents the completion of a comprehensive assessment of critical elements of the W2Power design, which is currently at the stage of moving to full-size commercial installations. BV said the design assessment... Continue Reading →
Subsea7 tendering work for ‘major’ EPCI projects with offshore activity in 2026 and beyond
(OET) Subsea7 has reported revenue of $1.6 billion for the third quarter of the year, an increase of $174 million or 12% compared to the same period in 2022, mainly due to significantly increased activity in the Subsea and Conventional business unit. With this, the company said it was on track to meet guidance for... Continue Reading →
MODEC Hits Milestone: First Steel Cut in China for Guyana-Bound FPSO Errea Wittu
(OE) Japanese FPSO leasing firm MODEC said Thursday that the first steel-cutting ceremony for the Guyana-bound FPSO Errea Wittu had been held in China. MODEC secured its first order to supply an FPSO to Guyana in May 2023. The order came from an ExxonMobil-led consortium and is for the deployment of the FPSO to the... Continue Reading →
Ørsted Reshuffling Exec Team Amid ‘Challenging Business Environment’ in the Industry
(OW) Ørsted’s Chief Financial Officer (CFO) and Chief Operating Officer (COO) are leaving the company, and with immediate effect, as a result of “a challenging and volatile business environment” in the industry, according to the offshore wind major. Ørsted is already head-hunting for the new CFO and COO. Daniel Lerup and Richard Hunter, Ørsted’s now-former CFO and... Continue Reading →
Ocean Installer and Petro win FPSO work with TotalEnergies off Angola
Petro Services and its main subcontractor Ocean Installer, a marine construction and operations player, have secured a contract with TotalEnergies for umbilical recovery and reinstallation activities on a floating production, storage, and offloading (FPSO) vessel in Angola. The new contract, awarded by TotalEnergies EP Angola and its Block 17 partners, will enable the two players to execute an... Continue Reading →
Petrobras P-71 FPSO reaches maximum production capacity in the pre-salt
(TN) Petrobras' P-71 FPSO reached its maximum production of 150 thousand barrels of oil per day, last Wednesday, in the pre-salt Santos Basin. The FPSO-type unit (floating production, storage and transfer system) is the only production platform installed in Itapu, 200 kilometers off the coast of Rio de Janeiro. This field is operated by Petrobras,... Continue Reading →
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