FPSO destined for ExxonMobil’s Guyana project getting titanium reinforcements

(offshore-energy.biz) Hunting Subsea Technologies, the Texas-based subsidiary of London-headquartered precision engineering group Hunting, has provided the connections for a floating production storage and offloading (FPSO) to be deployed at a field offshore Guyana being developed by U.S energy giant ExxonMobil.  The eight titanium stress joints (TSJs) delivered will be integrated into the FPSO unit Errea Wittu that... Continue Reading →

MODEC Gets ABS Nod for Floating Wind Turbine Design

(OE) MODEC has received an Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its floating wind turbine concept, the i-TLP2. With its tension leg platform (TLP)-oriented features, the i-TLP2 is said to minimize floater motions and seabed footprint. It incorporates significant improvements from the first-generation MODEC TLP, enabling rapid construction and... Continue Reading →

Nauticus Robotics, AOS Join Forces for Offshore Robotics

(OE) Autonomous subsea robotics and software solutions specialist Nauticus Robotics has signed a master services agreement (MSA) with Advanced Ocean Systems (AOS), forming a strategic alliance seeks to accelerate the integration of autonomy across the offshore sector. The agreement is structured around an ongoing, multi-year commitment that is expected to see the two organizations collaborate... Continue Reading →

Saipem Reports 2025 First Semester Results

Saipem achieved a semester of further growth, confirming the constant progression in operating and financial performance over the last three years which enabled, in the month of May, the distribution of the largest dividend in the company's history. Revenue stood at USD$8.47 billion (€7.2 billion), and EBITDA reached USD$898 million (€764 million), the latter growing... Continue Reading →

China Rolls Out 17MW Floating Wind Turbine Prototype

(OE) The world’s most powerful direct-drive floating offshore wind turbine, rated at 17 MW and co-developed by Dongfang Electric Corporation and China Huaneng, has been rolled out in China. With the highest single-unit capacity and the largest rotor diameter globally, the milestone marks a new breakthrough in China’s offshore wind power equipment manufacturing and provides... Continue Reading →

Oceaneering looking at up to $90M in revenue thanks to contract with ExxonMobil in Angola

(offshore-energy.biz) U.S. subsea engineering and applied technology firm Oceaneering International has secured a contract with an affiliate of U.S. energy major ExxonMobil to provide remotely operated vehicle (ROV) services and integrated solutions at an offshore block in Angola. Oceaneering Angola and Oceaneering Marine Technologies have been awarded a contract by Esso Exploration Angola (Block 15)... Continue Reading →

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