New research project looking to minimize failure and repair costs of floating wind dynamic cables, mooring lines

(offshore-energy.biz) A new project has been launched in the UK to improve the effectiveness of mooring lines and dynamic cables on floating offshore wind farms. Historically, mooring repair costs for oil production assets have exceeded GBP 400 million (approximately $542 million; €461 million) for a single incident, while cable failures have accounted for between 70%... Continue Reading →

Mota-Engil signs R$1.6 billion contract for construction and assembly on Petrobras platforms

(PN) The Portuguese company Mota-Engil, through its subsidiary in Brazil, Empresa Construtora do Brasil, has signed a new contract with Petrobras worth approximately R$1.61 billion (around 250 million euros). The agreement will have an estimated duration of 48 months and involves the execution of a series of maintenance, construction and assembly services on offshore oil... Continue Reading →

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