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(OE) Norwegian offshore vessel owner Solstad Offshore has revealed the expected completion date for its previously agreed sale of 37 platform supply vessels to the U.S. offshore vessel firm Tidewater. Solstad Offshore in March said it would sell 37 PSVs to Tidewater in a move that will mark Solstad Offshore's exit from the platform supply vessel... Continue Reading →
Guyana-focused oil and gas companies CGX Energy and Frontera Energy Corporation said Wednesday they had discovered oil at the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana. "The Joint Venture has successfully finished drilling operations without any safety incidents and expects to release the drilling rig in early July 2023,"... Continue Reading →
(OET) UK-headquartered TechnipFMC has been hired by Azule Energy, a joint venture between BP and Eni, to provide subsea production systems for a development project offshore Angola. TechnipFMC deems the contract to be a “significant” one since it is between $75 million and $250 million. Thanks to this deal, the company will supply subsea production systems for Azule... Continue Reading →
(OW) POSCO International has signed a Memorandum of Understanding (MoU) with Denmark-based Copenhagen Infrastructure Partners (CIP) to cooperate on offshore wind and green hydrogen business development. Under the MoU, the two companies will work together to develop offshore wind projects in Pohang, which would serve as a base for supplying renewable energy to POSCO’s Pohang... Continue Reading →
French oil major TotalEnergies has been named the upstream industry's most admired explorer and has received the Discovery of the Year award in Wood Mackenzie's annual Exploration Survey. This is TotalEnergies' third time winning the most-admired explorer award. Dr. Andrew Latham, Senior Vice President, Energy Research, at Wood Mackenzie, said:"For the third time in our industry-leading... Continue Reading →
(OW) Bureau Veritas has been awarded a major contract to provide integrated site services for ScottishPower Renewables’ 1.4 GW East Anglia Three offshore wind farm in the UK. Under the multi-million-pound contract, Bureau Veritas will provide quality, fabrication management, and inspection services, representing ScottishPower Renewables within a significant portion of the project supply chain. In... Continue Reading →
(OW) Fugro will expand its regional centre of expertise for offshore wind, located in Norfolk, Virginia, as the company’s Virginia operations have grown over the past decade with the increase in the number of offshore wind projects on the US East Coast. The expansion, which was announced by Virginia Governor Glenn Youngkin on 26 June,... Continue Reading →
(OW) Offshore Wind Consultants, an ABL Group company headquartered in London, has entered into an agreement to acquire 100 per cent of the shares of Denmark-based offshore wind consultancy, Delta Wind Partners (DWP). The acquisition, expected to close in the third quarter, is said to expand OWC’s technical offering in wind turbines and in consultancy at... Continue Reading →
Classification society ABS announced it has granted approval In principle (AIP) to Wison Offshore and Marine’s (WOM) Extended FEED on its standardized 3.5 MTPA floating liquefied natural gas (FLNG) design. WOM has said the standardized design reduces CO2 emissions and results in a shortened engineering schedule by about 40%. Jiang Hao, WOM General Manager, FLNG... Continue Reading →
(PN) Petrobras has again extended the deadline for submitting proposals in the bidding process for contracting the new FPSO in the Albacora field. Now, the companies involved in the process will be able to file their bids until the 15th of September, as stated on the Petronect website. This is the second calendar postponement. As... Continue Reading →
Brazil Energy Insight 