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Norwegian Innova and the U.S. Teledyne Energy System have partnered to demonstrate the use of hydrogen for local power of subsea control systems. Specifically, the companies conducted validation testing of Teledyne’s Subsea Fuel Cell Supercharger, a hydrogen and oxygen fuel cell electric power source designed to operate on the ocean floor with no connection to the surface.... Continue Reading →
Wind turbine maker Siemens Gamesa confirmed a gloomy outlook for a potentially negative full-year profit margin on Thursday, hours after naming a new Chief Executive to try to revive its fortunes. The world's largest maker of the offshore turbines that could help reduce reliance on planet-warming carbon blamed a first-quarter operating loss of 309 million... Continue Reading →
Offshore wind turbine makers have been working to build increasingly bigger turbines, and the likes of GE, Siemens Gamesa, Vestas, and MingYang have in the past two years or so unveiled designs for giant 14-16MW rated units.It has been said that larger turbines, while more expensive per unit, reduce the overall cost of large-scale offshore wind... Continue Reading →
(PN) Omni Táxi Aéreo was contracted by Shell in two tenders to support the oil company's production and exploration operations in different fields located in the Campos Basin. In the Parque das Conchas, Bijupira and Salema fields, Omni will provide the air taxi service with AW139 model aircraft, with a maximum takeoff weight of 7... Continue Reading →
Brazil’s port and maritime logistics operator Wilson Sons is anticipating an increase in the FPSO demand and has already cornered the Brazilian market by serving 70 per cent of the chartered FPSOs in the country. The company explained on Tuesday that the estimates of the oil and gas sector indicate growth, with new FPSO units... Continue Reading →
Italy's Saipem risks becoming a casualty of the transition to cleaner energy after a shock profit warning left leading shareholders scrambling to shore up the finances of the energy services company. The Saipem board met on Tuesday to discuss the situation, a source close to the matter told Reuters, after shares in the company at one... Continue Reading →
Norway-based IKM Subsea has selected Nauticus Robotics’ fully electric work-class manipulator Olympic Arm for its subsea resident remotely operated vehicle (ROV) system. The Olympic Arm is said to increase subsea reliability and capability while extending residency dive time. It also boasts the strength, weight and size characteristics of traditional work-class hydraulic arms without chronic maintenance needs. Adam... Continue Reading →
(OE) Shares in Italian energy services group Saipem continued their slide on Tuesday after a shock profit warning wiped almost a third off their value in the previous session. At 0820 GMT the shares were down 7% after falling more than 30% on Monday. The company, controlled by energy group Eni and state lender Cassa... Continue Reading →
(Offshore Energy) CGX Energy and Frontera Energy have made a discovery at the Kawa-1 well located on the Corentyne block offshore Guyana, reinforcing the belief in the potentially transformational opportunity for the JV in the country. The two have now also committed to drill the second well on the block in the second half of... Continue Reading →
(PetroleoHoje) Petrobras and Ocyan concluded the negotiations for contracting the decommissioning service for the remaining subsea structures of the FPSOs Cidade do Rio de Janeiro, Cidade de Rio das Ostras and Piranema. The final price agreed was below US$ 900 million, compared to the original value of US$ 960 million, which resulted in the supplier... Continue Reading →
