Macquarie Finalizes Acquisition of Offshore Wind O&M Company Ziton

(offshoreWIND.biz) Macquarie Asset Management, through Macquarie European Infrastructure Fund 7, has completed the acquisition of Ziton, a provider of operations and maintenance (O&M) services to the offshore wind industry. “This is a significant milestone for ZITON, as Macquarie’s investment validates the strong company we have built. With our solid market position, excellent customer relationships, and... Continue Reading →

Seacrest Petroleo hits Petrobras with arbitration proceeding over subsea pipeline repair failures

Seacrest Petroleo, an independent oil & gas production company with an integrated portfolio of onshore producing oil fields and export infrastructure onshore in Brazil’s Espírito Santo, has filed an arbitration request against Brazil’s state-owned oil & gas giant Petrobras over alleged subsea pipeline repair failures. Namely, a court in Rio de Janeiro announced on December 27,... Continue Reading →

Ventus Energy Enters US Offshore Wind Market

(OE) U.K.-based high voltage (HV) engineering specialist Ventus Energy has launched its U.S. entity with two East Coast locations to further support the rapidly growing offshore wind industry in the United States. Operating as Ventus Energy Incorporated, the primary office is located in Brooklyn, New York, within the Industry City complex, placing it close to... Continue Reading →

Petrobras Hires Baker Hughes to Supply Flexible Pipe Systems for Brazil Oil Fields

(OE) Energy technology company Baker Hughes has signed ‘significant’ contracts with Petrobras to provide flexible pipe systems that will be deployed across several oil and gas fields offshore Brazil. Baker Hughes will provide 77 km of flexible pipe systems, including includes risers and flowlines for hydrocarbon production and associated gas and water injection with support... Continue Reading →

Company launches solution to one of the biggest problems with offshore wind farms

(Interesting Engineering) U.K.-based Beam recently launched AI-driven underwater vehicles capable of carrying out autonomous inspections of wind farms, as Interesting Engineering details. Offshore wind is a cutting-edge green energy source that is rapidly growing globally. The labor-intensive, costly, and lengthy inspections are ripe for innovation. That's where Beam, a deep tech company, is stepping in. Beam CEO Brian... Continue Reading →

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