(OE) Saipem and Fincantieri have signed a memorandum of understanding (MoU) to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles (AUV) and their integration with surface and underwater units. The MoU is among the initiatives aimed at promoting and developing Italy’s national excellence in the underwater sector. The agreement... Continue Reading →
With ‘outstanding’ financial results in 2023, Prysmian increases its decarbonization ambition
(Offshore-energy.biz) Italian cabling giant Prysmian in 2023 delivered what it says was a “remarkable performance” with “outstanding” financial results, record backlog in Transmission, as well as increased 2030 emission reduction ambition. For the financial year 2023, Prysmian’s adjusted EBITDA rose by 9.4% to €1,628 million, with improving margins at 10.6% compared to 9.3% in 2022 – a year that Prysmian... Continue Reading →
Offshore Wind’s Next Big Problem: Not Enough Vessels
(Bloomberg) -- On the outskirts of Rotterdam, a bright orange ship is hoisted above the muddy Rhine with the help of six chunky triangular legs. The vessel has just been retrofit with a huge crane capable of lifting up to 1,600 tons 160 meters above deck. Once the finishing touches have been made, the Wind... Continue Reading →
Final Subsea System Components for Atlanta FPSO En Route to Brazil
(OE) The final pieces of subsea system equipment that will support the production from Enauta’s floating production storage and offloading (FPSO) unit Atlanta at Brazil's Santos Basin have been shipped. The final pieces of subsea system equipment that will support the production from Enauta’s floating production storage and offloading (FPSO) unit Atlanta at Brazil's Santos... Continue Reading →
Exxon-led group strikes new oil and gas discovery off Guyana
(Reuters) - Exxon Mobil (XOM.N), opens new tab on Friday disclosed a new oil and gas discovery in the prolific Stabroek block offshore Guyana, the company's first announced discovery in the South American country this year. The Bluefin discovery joins more than 30 already since 2015 in the Stabroek block, an 6.6 million acre (26,800 square kilometers)... Continue Reading →
Axess Gets Concept Engineering Job for Multi-Turbine Floating Wind Platform Developer
(OE) Norwegian offshore energy industry services company Axess Technologies has won a concept engineering study contract with Wind Catching Systems (WCS), a developer of floating offshore wind technology. The scope of work entails an advanced handling system capable of replacing turbine blades and entire turbines, while also serving as a versatile work platform for inspection,... Continue Reading →
New International Partnership Set to Speed Up Offshore Wind Installations in US
(OE) Danish offshore marine services company Maersk Supply Service and U.S. vessel owner Edison Chouest Offshore (ECO) have partnered up for the construction and operation of a windfarm feeder concept specifically designed for Maersk Supply Service’s next-generation wind installation vessel (WIV). The purpose-built feeder spread includes two tugs and two barges to be delivered in... Continue Reading →
TotalEnergies Awards New Contracts to Siem PSV Pair in Brazil
(OE) Norwegian shipowner Siem Offshore has secured new contracts with TotalEnergies for two of its platform supply vessels (PSV) for work offshore Brazil. The contracts are for Siem Giant and Siem Atlas PSVs. The new duration for Siem Giant is three years firm with options up to four more years. For Siem Atlas, the new... Continue Reading →
Woodside Hires Subsea 7 for Trion Subsea Installation Services Offshore Mexico
Australia's top oil and gas company Woodside Energy has awarded a contract to Subsea 7 for subsea installation services for the Trion development offshore Mexico. Subsea 7 described the contract as large, which means its value ranges between $300 million and $500 million. The scope of contract for Subsea 7 includes engineering, construction, and installation... Continue Reading →
SBM Offshore and Technip Energies Create Floating Wind Joint Venture
(OE) SBM Offshore and Technip Energies have signed a partnership agreement to form a joint venture EkWIL as a floating offshore wind pure player. The companies signed a memorandum of understanding (MoU) for the creating of EkWIL, which will be able of proposing a wide range of solutions to clients. EkWiL will combine the people... Continue Reading →