ExxonMobil books DOF Subsea vessels offshore Guyana

Norwegian DOF Subsea has secured a three-year contract for two multipurpose support construction vessels (MPSVs) with Esso Exploration & Production Guyana. DOF Subsea will perform inspection, maintenance, and repair (IMR), well-intervention support, and light subsea construction activities to support the “growing” subsea infrastructures in the Stabroek Block offshore Guyana. The two MPSVs, featuring 250-ton AHC cranes and work-class... Continue Reading →

Test Results Are In: Gazelle’s Floating Wind Platform Design Principles Confirmed

Gazelle Wind Power, the developer of a hybrid modular floating offshore wind platform, said Thursday it had received the results of its basin model tests at the Environmental Hydraulics Institute-University of Cantabria (IHCantabria) facilities in Spain.  According to Gazelle, the test report, witnessed by DNV and Safier Ingenierie, verified the feasibility of the Gazelle platform’s... Continue Reading →

Baker Hughes Posts Quarterly Loss on Charges

(Reuters) Baker Hughes Co posted a quarterly loss on Wednesday, compared with a profit a year ago, hit by $230 million in restructuring and impairment charges relating to the oilfield services provider's latest reorganization.  The company during the recent quarter said it would simplify its organizational structure into two business units from four, one focused... Continue Reading →

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