If the industry has been capturing CO2 for decades, why all the innovation now? (OE) CO2 capture technology has been used for around a century in natural gas processing plants to separate out the commercially valuable methane. In the 1970s, that CO2 found purpose in advanced oil recovery. Now, carbon capture and storage (CCS) is... Continue Reading →
All Clear for Fincantieri’s Acquisition of Remazel Engineering
Advanced Technology Industrial Group, a company controlled by Alpha Private Equity, has reached an agreement for the sale of 100% of Remazel Engineering to Italian shipbuilding giant Fincantieri. The anticipated completion of the transaction, expected in the first quarter of 2024, will result in Remazel becoming part of Fincantieri. The integration will combine Remazel's engineering... Continue Reading →
Liebherr: Future Wind Farms Might Be Installed from Office
(OW) At this year’s Offshore Energy Conference and Exhibition (OEEC) in Amsterdam, Armin Seidel, Area Sales Manager Heavy Lift Ship and Offshore Cranes from Liebherr, talked about the company’s achievements throughout the years, as well as the future of crane development in the offshore wind realm. Liebherr, one of the largest construction machine manufacturers in... Continue Reading →
AFRY to Support Colombia’s Offshore Wind Commercialisation
(OW) Swedish supplier of engineering, design, and advisory services, AFRY, has revealed that it will support the Colombian Government in the identification of offtake mechanism for commercialisation of offshore wind energy in the country. According to AFRY, the company’s support will allow the Colombian Government to formulate the mechanism that supports offshore wind energy commercialisation... Continue Reading →
Gazelle Wind Power And Tugdock Work Together to Reduce Cost of Floating Offshore Wind Platform
Gazelle Wind Power (Gazelle), the developer of a next-generation floating offshore wind platform, and Tugdock, developers of the world’s first road-transportable floating dry dock known as the Tugdock Submersible Platform, have signed a Memorandum of Understanding to co-develop a modular offshore wind assembly system, that is expected to dramatically drive down costs and increase production... Continue Reading →
Laurent Verdier joins BW Ideol as Chief Business Development Officer
BW Ideol AS, global leader in floating offshore wind, is pleased to announce the nomination of Laurent Verdier as Chief Business Development Officer, succeeding Bruno Geschier, who served the company faithfully for almost a decade. Laurent Verdier brings 25 years of experience in successfully developing and delivering projects for major energy players, mainly in wind... Continue Reading →
deugro Completes Heavy Lift Move for FPSO Project in China
deugro reports that it has delivered a 15.8 x 13.2 x 17.2-m, 392-metric ton CO2 removal system from Rizhao to the COSCO Shipyard Qidong, China. (OE) The journey began in Rizhao, China and concluded at the COSCO Shipyard Qidong, spanning a domestic inland road journey of 10km and a barge journey of two days. After the... Continue Reading →
More work for Weatherford with Petrobras
(OET) U.S. oilfield services company Weatherford International has secured a multi-year contract to deliver drill pipe riser (DPR) intervention services to Brazilian state-owned oil and gas giant Petrobras. Weatherford announced it had been awarded a five-year contract with Petrobras in Brazil, after a competitive tender, to provide DPR ultra-deepwater offshore intervention systems and services. The new seven-system... Continue Reading →
Yinson invests in carbon capture technology firm to curb emissions from FPSO ops
(OET) Yinson Production, an offshore production business arm of Malaysia’s Yinson Holdings, has made a move to slash its carbon footprint by making a strategic investment in Ionada, in recognition of the potential the firm’s carbon capture technology holds as a tool to decarbonize FPSO operations and lead to emissions reduction in the hard-to-abate industries.... Continue Reading →
JIP to Advance Offshore Wind Concrete Floater Standards
(OE) DNV secured partners to launch a new project to enhance technology development and prepare for scale/industrialization of concrete substructures for floating offshore wind. The new Joint Industry Project (JIP) called Concrete FLOW will optimize requirements for concrete floaters (floating or semisubmersible structures, generally moored to the seabed, used as foundations upon which equipment can be mounted),... Continue Reading →