Baker Hughes, Mocean Energy, Verlume Ink MOU

Baker Hughes, Mocean Energy and Verlume have signed a triparty memorandum of understanding (MoU) to identify and discuss potential opportunities for collaboration on integrated wave energy and subsea energy storage solutions for the emerging subsea clean energy market.The MoU will explore the opportunities for integrated wave energy, energy storage and power delivery solutions to facilitate... Continue Reading →

TotalEnergies Extends Suriname Rig Contract

TotalEnergies E&P Suriname has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to its contract for the Maersk Drilling's Maersk Valiant drillship.  The contract extension is expected to start in January 2023, in direct continuation of the rig’s current work scope, with an estimated duration of 100... Continue Reading →

Vertical Axis Turbines ‘Dramatically’ Increase Power Density at Offshore Wind Farms – White Paper

(OW) Sweden-headquartered SeaTwirl has published a white paper that outlines the possibility of ‘dramatically’ increasing the power density on offshore wind farms by placing the company’s vertical axis wind turbines (VAWT) closer together. The white paper, which was commissioned by SeaTwirl from Dr. Pablo Ouro, a researcher at the University of Manchester, investigated different spacing configurations... Continue Reading →

McDermott Bags Significant Contract with TotalEnergies Offshore Angola

Offshore engineering and construction firm McDermott International said Tuesday that it secured a "significant" with TotalEnergies EP Angola Block 17/06.  McDermott defines a significant contract as between USD $250 million and $500 million. The contract is for engineering, procurement, supply, construction, installation, pre-commissioning, and assistance to commissioning and start-up (EPSCI) on its Begonia project. The... Continue Reading →

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