(OE) Brazilian authorities have reportedly launched a preliminary investigation into the Brazilian subsidiary of the Singapore-based marine and offshore engineering group Sembcorp Marine. "Sembcorp Marine Ltd wishes to inform that it has come to its knowledge that the Office of the Comptroller General of Brazil (“CGU”) has published a notice in the Official Gazette (the... Continue Reading →
Hull of Giant Guyana-bound FPSO Enters Drydock in Singapore
(OE) Dutch FPSO leasing company SBM Offshore said Friday that the China-built hull of the FPSO ONE Guyana had entered drydock at Keppel Shipyard in Singapore. One Guyana is one of SBM Offshore's largest-ever FPSO Units and is being built for deployment at ExxonMobil-operated Stabroek Block offshore Guyana. "The FPSO ONE GUYANA project passing... Continue Reading →
Wilson Sons’ profit soars 51% in 2022 to R$339 million. Revenue of R$ 2.3 billion was 6% above 2021
Wilson Sons, the leader in port and maritime logistics in Brazil, posted a net profit of R$113 million in the fourth quarter of 2022, 169% higher than the same period of 2021. Last year, the company's profit after tax was R$339 million, up 51% compared to 2021. Net revenue totalled R$2.3 billion in the year,... Continue Reading →
RWE’s Kaskasi Offshore Wind Farm Starts Regular Operation
German offshore wind developer RWE said Thursday that its offshore wind farm Kaskasi, located around 35 kilometers north of the island of Heligoland, Germany, had officially started regular operation. With an installed capacity of 342 megawatts (MW), Kaskasi can supply the equivalent of over 400,000 households with electricity. The 38 wind turbines of Kaskasi were... Continue Reading →
Funding Secured for Further Development of Floating Offshore Wind Substation
Semco Maritime, ISC Consulting Engineers, Aalborg University, Energy Cluster Denmark and Norway, and Sweden-based Inocean have all obtained funding to forward the development of a floating offshore substation (FOSS) concept. The parties announced their collaboration in 2022 and are now set to accelerate further the floating offshore substation development through funding from the Energy Technology... Continue Reading →
Hess picks Halliburton’s suite of well construction apps
U.S. oil and gas company Hess Corporation has opted to implement digital wells using a well construction suite from a compatriot oilfield services giant, Halliburton. Halliburton reported on Wednesday, 22 March 2023, that Hess had selected Halliburton’s DecisionSpace 365 Well Construction applications powered by iEnergy Hybrid Cloud to “plan, design, and construct safe, cost effective, and productive wells.” Nagaraj Srinivasan, senior... Continue Reading →
Karoon offshore Brazil field comes on stream
Australia’s oil and gas company Karoon Energy has kicked off production from a well located on a field offshore Brazil, with first production rates surpassing expectations. In addition, the second well at this field is expected to come online by the end of the month. Back in April 2021, Karoon hired a rig to perform well... Continue Reading →
EnBW Set to Build Its Largest Offshore Wind Farm in Germany Yet as FID Reached
German energy group EnBW has reached a final investment decision for He Dreiht offshore wind farm in Germany, clearing the way for the start of construction of EnBW’s largest offshore wind farm to date, with an installed capacity of 960 megawatts (MW). EnBW CFO Thomas Kusterer said: “In He Dreiht, we are building one of Germany’s largest... Continue Reading →
Floating Wind Specialist BW Ideol Secures Investment from ADEME Investissement
(OE) Floating wind farm and technology developer BW Ideol has entered into exclusive negotiations with ADEME Investissement, a state-owned French financier of innovative infrastructure projects, for ADEME Investissement to invest €40 million in BW Ideol’s project development activities. Under the agreed terms, BW Ideol will transfer its co-development project portfolio to a newly created subsidiary... Continue Reading →
DOF using Voyis equipment for subsea inspections offshore Brazil
(OM) Voyis has sold its first subsea inspection equipment for use offshore Brazil to DOF Brazil. DOF has acquired the company’s Insight Micro laser scanners and still cameras. According to Voyis, the optical sensor will allow the company to develop 3D models of subsea facilities in real time to reduce risk and provide an accurate record... Continue Reading →