SBM Offshore signed a 10-year Operations and Maintenance Enabling Agreement for its Guyana FPSO fleet with ExxonMobil Guyana

SBM Offshore is pleased to announce it has signed a 10-year Operations and Maintenance Enabling Agreement with Esso Exploration & Production Guyana Ltd (aka “ExxonMobil Guyana”) for the Operations and Maintenance of FPSOs Liza Destiny, Liza Unity, Prosperity and ONE GUYANA. This framework agreement establishes the new terms related to the operations of the Guyana... Continue Reading →

May 2, 2023 0

MODEC raising finance for expanding FPSO sector

MODEC plans to raise funds to support future FPSO activities by issuing new shares to MITSUI and Mitsui O.S.K. Lines (MOL), and forming a business alliance with MOL. The company has special-purpose entities providing lease, operation and charters of floating production systems. Projects have been growing in scope and funds required for charter arrangements are... Continue Reading →

May 1, 2023 0

ABB Provide Electrical System Automation for Petrobras’ P-82 FPSO

(OE) Singapore's Sembcorp Marine has ordered from ABB the complete electrical system automation for the P-82 FPSO Sembcorp Marine is building for the Brazilian oil company Petrobras. The P-82 FPSO, ordered by Petrobras in October 2022, will be one of the largest vessels to be deployed in the Búzios field, an ultra-deepwater oil and gas field... Continue Reading →

April 27, 2023 0

Marine Power Systems to Deploy Its Floating Wind Platform at PLOCAN

(OW) Marine Power Systems (MPS) have joined forces with Plataforma Oceánica de Canarias (PLOCAN) to deploy their floating offshore wind platform, PelaFlex, at an expected grid-connected test site on the southeast coast of Gran Canaria. PLOCAN will work with MPS regarding a pre-consented and grid-connected site for the testing of their technology and the associated... Continue Reading →

April 27, 2023 0

30 MW French Floating Offshore Wind Project Enters Construction Stage

TotalEnergies, BW Ideol, and Qair, the developers behind the EolMed project, have started the construction of three floating wind turbines for the 30 MW wind farm offshore France. The arrival of the first steel blocks that will make up the three floating substructures marked the beginning of the construction of the wind turbines in the... Continue Reading →

April 27, 2023 0

With $1.2 billion first-quarter revenue, Subsea 7 on track to meet full-year guidance

Subsea 7 has reported a revenue of $1.2 billion for the first quarter of 2023, a 4 per cent increase compared to the same period last year, stating it is on track to achieve a higher whole-year revenue than in 2022. The revenue increase is said to reflect strong growth of 18 per cent in... Continue Reading →

April 27, 2023 0

RWE, Acta Marine Partner to Build ‘Green’ Vessels for Offshore Wind Operations

Offshore wind developer RWE has entered a long-term vessel supply agreement with offshore vessel owner Acta Marine that it says paves the way for the decarbonization of offshore wind farm operations. The agreement is to build and operate two ‘green’ service operation vessels, which will be among the first in the world to be built... Continue Reading →

April 27, 2023 0

UXO Survey Kicks Off Along Coastal Virginia Offshore Wind Export Cable Route

U.S. offshore wind developer Dominion Energy is this week kicking off unexploded ordinance identification within the export cable corridor and the Coastal Virginia Offshore Wind (CVOW) lease area located offshore of Virginia Beach, Virginia. The U.S. Coast Guard said in a notice to mariners that the UXO works would start on or about April 25,... Continue Reading →

April 26, 2023 0

ExxonMobil Strikes Oil Again in Guyana’s Stabroek Block

ExxonMobil has made yet another oil discovery in Guyana's prolific Stabroek offshore block. The news of the new offshore oil discovery in Guyana was shared by Hess Corp., ExxonMobil's partner in the block, where around 11 billion barrels of oil have been discovered in recent years. According to Hess, a partner alongside China's CNOOC in... Continue Reading →

April 26, 2023 0

Report: Europe Needs Meshed Grids for Offshore Wind

(OE) Hitachi Energy and industry group WindEurope have published a new report which concludes that Europe needs more meshed grids to ensure its offshore wind development. Meshed grids are clusters of offshore wind farms with fewer cables connected to the shore that can route power to two or more national grids. In total, governments across... Continue Reading →

April 26, 2023 0

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SBM Offshore signed a 10-year Operations and Maintenance Enabling Agreement for its Guyana FPSO fleet with ExxonMobil Guyana

MODEC raising finance for expanding FPSO sector

ABB Provide Electrical System Automation for Petrobras’ P-82 FPSO

Marine Power Systems to Deploy Its Floating Wind Platform at PLOCAN

30 MW French Floating Offshore Wind Project Enters Construction Stage

With $1.2 billion first-quarter revenue, Subsea 7 on track to meet full-year guidance

RWE, Acta Marine Partner to Build ‘Green’ Vessels for Offshore Wind Operations

UXO Survey Kicks Off Along Coastal Virginia Offshore Wind Export Cable Route

ExxonMobil Strikes Oil Again in Guyana’s Stabroek Block

Report: Europe Needs Meshed Grids for Offshore Wind

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