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Norway’s FPSO operator BW Offshore has completed the sale of another floating, production, storage, and offloading (FPSO) vessel to a buyer, whose name was not revealed. BW Offshore recently revealed that it had closed the sale of the FPSO Sendje Berge to an undisclosed local FPSO owner and operator for a total consideration of $15 million. The... Continue Reading →
(OE) Norwegian offshore vessel operator Solstad Offshore has officially exited the platform supply vessel business. Namely, the company on Wednesday completed the sale of its PSV fleet to the U.S. offshore vessel firm Tidewater for approximately $580 million. The transaction, first announced in March, was completed Wednesday, with all 37 platform supply vessels, primarily used for... Continue Reading →
(OW) Sweden-based SeaTwirl has announced that it received its first commercial order for a new wind turbine application in the North Sea. Earlier this year, SeaTwirl announced that the company and Kontiki Winds signed a Memorandum of Understanding (MoU) to identify and explore opportunities to electrify Oil and Gas assets and other offshore applications using... Continue Reading →
EDF Renewables and Deep Wind Offshore are cooperating with Moreld Ocean Wind for the floating solution at the offshore wind development on Utsira Nord in the Norwegian North Sea. EDF Renewables has been working with Deep Wind Offshore on the first offshore wind projects in Norway since 2021. This work includes producing a competitive bid... Continue Reading →
(OE) Scana-owned Seasystems has secured contracts for an FPSO project offshore the Ivory Coast with an unnamed client.The first contract is regarding the upgrade and refurbishment of a mooring system supplied by Seasystems in 2008, and the second contract is for gimbals used for the transfer of fluids between two floating units. Scana said the... Continue Reading →
Hammerfest Energy and Varanger Kraft have decided to join the Blåse Energi consortium focused on developing floating offshore wind projects in Norway. According to the press release, Hammerfest Energi and Varanger Kraft will contribute with expertise around grids and grid planning, as well as dialogue with the Norwegian authorities. “Offshore wind is a new area... Continue Reading →
(OW) Equinor has entered into a long-term partnership agreement with Wergeland Group as the preferred supplier for the fabrication of foundations and the assembly of turbines for floating offshore wind. At the same time, Equinor and partner Vårgrønn confirm which floater concept will be developed for the Utsira North (Utsira Nord) project. The facilities at... Continue Reading →
(RE) Floating offshore wind (FLOW) has long been hailed as the pivotal technology for the globalisation of offshore wind. It will unlock vast new areas of sea with high wind speeds, enabling offshore to reach over 1,500GW of operational capacity by 2050. Without cost-effective FLOW, there is unlikely to be any significant offshore wind development... Continue Reading →
(OE) Norwegian Offshore Wind, an organization that promotes the development of the floating wind supply chain, has launched the NOW Accelerator, designed to foster the growth of startups and scaleups in the offshore wind industry. "The program is first of its kind and will start in August. The accelerator will run in close collaboration between... Continue Reading →
(PN) The Peregrino field, in the Campos Basin, reached a production of 110,000 barrels of oil per day (bpd) this year, the limit of the FPSO which operates in this field. Peregrino is operated by Equinor (60%), which has Sinochem (40%) as a partner in the field. It is Equinor's first asset in Brazil and... Continue Reading →
Brazil Energy Insight 