Dutch FPSO leasing company SBM Offshore said Tuesday that production had resumed from its FPSO Cidade de Anchieta, offshore Brazil, after a lengthy shutdown. The Cidade de Anchieta, under contract with Petrobras in Brazil, has been shut down since January 22, 2022, after oil was spotted near the vessel. SBM Offshore said in one of its... Continue Reading →
Study Launched for Multi-GW Scale Offshore Hydrogen Production in Dutch North Sea
(OE) Danish engineering group Ramboll will investigate the feasibility of producing hydrogen offshore at a multi-gigawatt scale with NortH2 in the Dutch part of the North Sea. The NortH2 consortium, consisting of Eneco, RWE, Equinor and Shell, in partnership with Gasunie, is investigating how all aspects of the hydrogen value chain – from production to... Continue Reading →
Crown Estate-funded Survey Program Drives Floating Wind Development in Celtic Sea
(OE) The Crown Estate for England, Wales, and Northern Ireland has announced its first major investment in surveys to help with the construction of floating offshore wind farms in the Celtic Sea. "The awarding of the first contracts marks an important step in what is anticipated to be a multi-million pound series of technical and... Continue Reading →
Westwood: Highest FPS throughput capacity since 2010 greenlighted in 2022
(OET) Westwood Global Energy, an energy market research and consultancy firm, has outlined that 2022 will have the highest floating production system (FPS) throughput capacity sanctioned since 2010, despite major project delays caused by multiple factors, including the supply chain inflationary pressure, which remains a concern in the future as well. Within its review of the... Continue Reading →
Ocyan announces creation of independent drilling company
(TN) Ocyan S.A. announced the creation of a new company (DrillCo), which will concentrate its drilling activities with its current five rigs, ODN I, ODN II, Norbe VI, Norbe VIII and Norbe IX – that will form part of the new company's fleet. The new corporate structure is born in the context of the restructuring... Continue Reading →
South Korea: Hanwha Group Inks Deal to Take Over Daewoo Shipbuilding
(Reuters) South Korea's Hanwha Group has signed an agreement to take over Daewoo Shipbuilding & Marine Engineering, Daewoo Shipbuilding said in a regulatory filing on Friday. The deal comes after the two parties signed a tentative agreement in September in which affiliates of Hanwha Group, including Hanwha Aerospace Co Ltd., said they would invest 2... Continue Reading →
Strohm secures €15 million investment to support its TCP solutions
Dutch thermoplastic composite pipe (TCP) producer Strohm has completed the largest funding round in the company’s 15-year history by securing a €15 million investment to support its TCP solutions. The €15 million investment includes a €10 million commitment made by ING Corporate Investments (a 100% subsidiary of ING Bank), the Netherlands’ largest financial institution, as... Continue Reading →
Aquadrill, Diamond Offshore in 150-day U.S. GoM Drillship Charter with BP
Offshore drilling rig owner Aquadrill said Thursday it had extended a charter-hire deal with drilling firm Diamond Offshore for its Vela drillship. The Vela drillship will be provided to an end client in the U.S. Gulf of Mexico for a 150-day drilling contract as part of the extension. The contract is worth around $60 million.... Continue Reading →
Mainstream, BP and Statkraft in Offshore Win MoU with Norwegian Port
Mainstream Renewable Power, BP and Statkraft have signed a memorandum of understanding (MoU) with Windport in Mandal, Norway, to "position the port at the forefront of offshore wind development." Mainstream, BP, and Statkraft are partnering to pursue a bid to develop fixed-bottom offshore wind power at the Sørlige Nordsjø II (SN2) license area. Besides... Continue Reading →
Ocyan wins three rig contracts with Petrobras offshore Brazil
(TN) Brazilian oilfield services player Ocyan has secured a trio of contracts with Petrobras. The drilling services company participated in the oil company's bid to charter deepwater drilling units. Of the 12 units in dispute, in the three proposed lots, Ocyan won in lot 2 with two assets (ODNI I and ODN II) and in... Continue Reading →