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Construction of the 16.8 megawatt Goto floating wind farm in Japan is expected to start in September 2022, with the commercial operations scheduler to begin in January 2024. A a sole bidder, the Japanese Goto Floating Wind Farm consortium, in June 2021, won a bid to build the floating wind farm in an area offshore Goto City, Nagasaki... Continue Reading →
Irish floating wind platform developer Gazelle Wind Power (Gazelle) has signed a memorandum of understanding with the Austrian consulting firm Vienna Consulting Engineers ZT GmbH (VCE) to support its 2MW floating wind pilot project in the Canary Islands. VCE will provide design services—including load capacity determination, inspection planning, performance assessment, and more—as well as monitoring... Continue Reading →
Italian oilfield services giant Saipem has awarded GE Power Conversion a contract to develop the electrical module for Petrobras’ P-79 FPSO. In June 2021 Saipem, in a joint venture with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), won a contract with to build the FPSO P-79 for Petrobras' Búzios, one of... Continue Reading →
(Reuters) Singapore's Sembcorp Marine (Sembmarine) has agreed to a multi-billion dollar merger with Keppel Corp's larger offshore and marine unit, a year after the Temasek-backed firms began deal talks to cope with an industry downturn. The loss-making oil rig builders have been whiplashed by years of oversupply and oil price volatility as well as a... Continue Reading →
(Reuters) Exxon Mobil Corp on Tuesday said it found oil in three new wells drilled off the coast of Guyana, raising recoverable oil and gas potential from its discoveries to nearly 11 billion barrels. The discoveries continue a run of exploration successes that date to 2015, and lifts potential oil and gas volumes by nearly... Continue Reading →
DNV has presented Wison Offshore & Marine (WOM) with a Verification Letter for its "w.semi" floating wind foundation. The Verification Letter demonstrates the technical feasibility and commercial readiness of the technology. Wison Offshore & Marine's "w.semi" is a new concept that the company has been developing as a floating wind foundation/platform. , It is said to be... Continue Reading →
Majority of offshore wind projects now undergoing licensing process for environmental investigations in Brazil are listing 15 MW as the wind turbine capacity of choice. While there are a few variations in references to the 15 MW turbine technology planned to be used, most of these are listed as Vestas’s model with a 236-metre rotor diameter, for... Continue Reading →
Fugro has reported a revenue increase of 23.3% in the first quarter of 2022, said to be supported by all regions and business lines and driven by high client demand in the energy market, both renewables and oil & gas, and the infrastructure market. The total revenue in Q1 2022 was €365.4 million, compared to... Continue Reading →
Offshore drilling contractor Transocean has been awarded a new contract and extensions for its rigs, adding $87.2 million to its backlog. A new contract award for one of the rigs means it is coming back from idle to work mode. As of 25 April, the company’s total backlog is approximately $6.1 billion, Transocean said late... Continue Reading →
Offshore drilling firm Sonadrill, a 50:50 joint venture between Seadrill and an affiliate of Sonangol, has secured a ten-well contract with options for up to eight additional wells in Angola for the West Gemini drillship. The total contract value for the firm part of the contract is expected to be approximately $161 million, including mobilization... Continue Reading →
Brazil Energy Insight 