Light Structures to Provide Hull Monitoring Systems for Two Brazil-bound FPSOs

(OE) Light Structures, a supplier of fiber optic condition monitoring systems based on Fiber Bragg Grating (FBG) technology, has secured two contracts with China's YANTAI CIMC Raffles Offshore. Under the contracts, Light Structures will deliver SENSFIB hull stress monitoring systems for two Petrobras-commissioned Floating Production Storage & Offloading (FPSO) units. "Representing the most extensive SENSFIB... Continue Reading →

Saipem says recovery on track after positive Q3

 (Reuters) - Italian energy services group Saipem (SPMI.MI) has made significant progress in its turnaround and is close to completing the problematic projects that forced it to raise capital last year, its CEO said on Thursday. Commenting on third quarter results, Alessandro Puliti said the group was back on a growth path thanks to record orders and... Continue Reading →

Dutch Firm Provides Motion Compensation Solution for U.S. Offshore Wind Project

(OE) Following the installation of the first wind turbine at the U.S. first commercial-sized offshore wind farm project, Vineyard Wind 1, earlier this week, Dutch offshore technology company Barge Master shared how it contributed to the project. Barge Master said: "The successful first feeder operation was accomplished in partnership with FOSS Offshore Wind, Seaqualize, GE, and... Continue Reading →

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