AKOFS Offshore Signs $246M Contract with Petrobras

Oct. 7 (OE) Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras, for its subsea equipment support vessel AKOFS Santos, which will continue to operate offshore Brazil. Following a competitive tender process, the vessel will continue to perform services as a multi-purpose supply vessel (MPSV) for Petrobras... Continue Reading →

Oil firms ask Brazil antitrust watchdog to intervene in Subsea7–Saipem merger

 Sept 23 (Reuters) - Exxon Mobil, Brazilian state-run Petrobras and oil services provider TechnipFMC petitioned the country's antitrust regulator Cade to intervene in a merger between energy contractors Subsea7 and Saipem, public documents seen by Reuters show. In filings submitted on Thursday, the firms said the merger between Norway's Subsea7 and Italy's Saipem would bring a level of concentration... Continue Reading →

Deepwater frontiers calling: Yinson Production’s FPSO hull design with low-carbon kit wins DNV’s blessing

Sept. 18 (offshore-energy.biz) Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has unveiled a purpose-built floating production storage and offloading (FPSO) hull design, which has secured main scantling approval (MSA) from DNV, a Norwegian classification society. This purpose-built FPSO hull design, equipped with a low-carbon toolset, enables the Malaysian giant... Continue Reading →

ABL’s Longitude, NGI enter offshore wind design partnership

Sept. 11 (offshore-energy.biz) Design and engineering consultancy Longitude and the Norwegian Geotechnical Institute (NGI) have partnered to provide developers and operators of offshore wind farms with an integrated technical offering in offshore wind design. Under the terms of the agreement, Longitude and NGI will collaborate in applied geosciences, geotechnical design, and structural design to support... Continue Reading →

Equinor to inject nearly $1 billion into Orsted following US setbacks under Trump

Sept 1 (Reuters) - Norway's Equinor will pump nearly $1 billion into Orsted's emergency fundraising, opens new tab, it said on Monday, bolstering the Danish offshore wind power developer's efforts to cope with U.S. President Donald Trump's hostility to the sector. The energy company said it planned to participate in Orsted's 60-billion Danish crown ($9.4 billion) rights issue by subscribing... Continue Reading →

US Floating Wind Platform Developer Issues RFI to Fabricators Worldwide

(offshoreWIND.biz) Aikido Technologies, which recently secured a spot at a Norwegian offshore demo site, has released an RFI for its 15 MW ‘AO60’ floating wind platform to offshore wind fabricators. The California-based floating wind foundation developer said on social media that it had issued the RFI to more than ten “top-tier offshore wind fabricators from around the world”.... Continue Reading →

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