Floating wind could transform offshore energy – but companies need to work together and embrace innovation

(Institution of Mechanical Engineers)According to the Global Wind Energy Council’s Global Wind Report 2024, installed offshore wind capacity surpassed 75GW at the end of 2023. But with ambitious targets set for 2050, the industry must look at ways to speed up planning and construction, and fine-tune operations and maintenance of existing assets. To reach the... Continue Reading →

Saipem Scoops $3.7B for Work on TotalEnergies’ Kaminho Field

(OE) Saipem has been awarded three new contracts by TotalEnergies for the Kaminho project, relating to the development of Cameia and Golfinho oil fields offshore Angola, worth $3.7 billion. The first of the contracts, awarded by TotalEnergies' subsidiary TotalEnergies EP Angola Block 20, refers to the Engineering, Procurement, Construction, Transportation and Commissioning of the Kaminho... Continue Reading →

PXGEO Acquires Modus Subsea Services

(OE) Marine geophysical services company PXGEO on Monday announced it has acquired Modus Subsea Services to boost its subsea offering. Modus Subsea Services is a U.K.-based provider of offshore life-of-field support services specializing in autonomous subsea operations using underwater intervention drones (UID) based on the Saab Sabertooth platform. The company has also developed and commercialized... Continue Reading →

ONYX Insight strengthens global footprint with latest multi-year contracts in Europe and Latin America 

ONYX Insight has bolstered its global operations across Latin America, Spain and Portugal with several new deals, including two multi-year contracts, to deliver its predictive maintenance technology to wind farms in Spain and Brazil.  The company currently monitors more than 1,500 turbines in Brazil, Peru, Chile, Mexico, and Costa Rica, using a combination of its... Continue Reading →

Leaky Platforms: Pemex Knocked for Delayed Repairs, “Vast” Methane Leaks

(Reuters) Pemex reportedly put off urgent repairs and maintenance at an important offshore platform for months, resulting in methane spewing into the atmosphere, according to internal documents and three sources familiar with the infrastructure. New data from the United Nations Environment Program's (UNEP) International Methane Emissions Observatory showed that the problematic Pemex platform in the... Continue Reading →

Trident Hires Archer for Well Intervention and Drilling Services in Brazil

(OE) Oilfield services firm Archer has secured a $20 million contract from Trident Energy to provide its well interventions and platform drilling services in Brazil. Archer will provide comprehensive platform drilling services, including well interventions for regulatory requirements, workover and drilling operations, well maintenance and drilling facilities engineering, to enhance Trident Energy's offshore assets in... Continue Reading →

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