SCHOTTEL Marine Technologies merges German and UK ops with focus on floating offshore renewables

(OET) SCHOTTEL Marine Technologies, the new company name for Germany’s AQUOS SCHOTTEL Marine Technologies and Scotland’s Swift Anchors, has integrated its operations to ramp-up deployment of its anchoring solutions for floating offshore renewables. The move comes in an effort to exploit the growing business opportunities in offshore renewables, and in particular within the floating offshore wind sector,... Continue Reading →

Operators ramping up AUV/ROV efforts offshore

(OM) A vast majority of operators and developers are investing in autonomous underwater vehicles (AUVs) and remotely operated vehicles (ROVs) as they seek to optimize production, decrease emissions and enhance safety during operations. In a recent interview with Offshore, Oceaneering’s senior vice president of business development and chief commercial officer, Earl Childress, said, “Remote operations are continuously evolving... Continue Reading →

Windar Renovables to Manufacture 21 Transition Pieces for Iberdrola’s Windanker Offshore Wind Farm

(OE) Spanish renewables energy company Iberdrola has awarded Windar Renovables a contract to manufacture 21 transition pieces for the Windanker offshore wind farm in German waters.  Production will be carried out at the Avilés facilities, with the collaboration of a large number of Spanish suppliers in the manufacture of the secondary structure, which will be integrated in... Continue Reading →

BP boosts dividend even as profit slumps 70% to $2.6 bln

 (Reuters) - BP's (BP.L) second-quarter profit slumped 70% from a year earlier to $2.6 billion, missing forecasts, as refining margins and oil trading income fell, but still allowing the energy giant to boost its dividend by 10%. Rivals Chevron (CVX.N), Exxon Mobil (XOM.N), Shell (SHEL.L) and TotalEnergies (TTEF.PA) have also reported sharp drops in quarterly earnings, hurt by a drop in energy prices from highs... Continue Reading →

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