(offshoreWIND.biz) Saipem has unveiled its Star1 semi-submersible floating wind foundation technology. The star-like shape foundation was recently selected for two floating wind projects planned to be built in Italy. The steel semi-submersible floating wind foundation consists of three arms converging at the centre, where the tower supporting next-generation turbines is installed, including those exceeding 20... Continue Reading →
Lloyd’s Register, Fugro Agree Simpler USV Certification Process
(OE) Lloyd's Register (LR) and Fugro have signed a block fee agreement to streamline the in-service certification and maintenance of Fugro’s growing fleet of autonomous uncrewed surface vessels (USVs). The strategic move is expected to simplify the certification process, enabling faster deployment and ensuring continued compliance with LR’s Code for Unmanned Marine Systems (UMS). LR... Continue Reading →
Petrobras and EIG Energy settle lawsuit in the United States
Petróleo Brasileiro S.A. – Petrobras, following the disclosures dated March 31, 2017, and August 9, 2022, informs that its Board of Directors has approved the settlement agreement to resolve the lawsuit with EIG Energy Fund XIV, LP and others (EIG), The amount related to this contingency is provisioned in Petrobras' Financial Statements and has been... Continue Reading →
MODEC cheers new ‘milestone’ for Brazil-bound FPSO Raia as workforce earns brownie points
(offshore-energy.biz) Japanese giant MODEC has achieved further progress in the construction of a floating production, storage, and offloading (FPSO) destined for a big upcoming natural gas project off the coast of Brazil, thanks to the workers hired to turn the unit plan into reality, hitting 1 million work hours without lost time injury (LTI) and lost... Continue Reading →
New Floating Wind Platform Moves Towards Testing and Demo Stage
(offshoreWIND.biz) ABS has approved the Front-End Engineering Design (FEED) documents for a deepwater floating offshore wind platform design developed by ECO TLP and Mocean Offshore. According to ABS, with FEED documents approved, the platform design now moves into commercialisation for site-specific projects. “ABS approval for non-site-specific FEED for a wide range of water depths and... Continue Reading →
Constellation Starts Trading on Euronext Growth Oslo Exchange
(OE) Constellation, an offshore oil and gas drilling services provider in Brazil, has started trading on Euronext Growth Oslo, under the ticker symbol ‘COSH’. Constellation holds about one fifth of Brazil’s country’s offshore drilling market. Constellation, with 1,800 employees and a 45-year track record, holds about one fifth of Brazil’s offshore drilling market, the company... Continue Reading →
Noble’s Jack-Up Rig Hired for Work Offshore Suriname
Offshore drilling contractor Noble Corporation has secured a contract for its Noble Regina Allen jack-up rig with an undisclosed operator offshore Suriname. The one-well contract will span approximately 65 days, and is expected to begin in the fourth quarter of 2025. The contract has a total value estimated at $17.7 million, including mobilization and demobilization... Continue Reading →
Fifth FPSO for Petrobras’ Mero Field Reaches Brazil
(OE) Alexandre de Gusmão floating, production storage and offloading (FPSO) unit has entered Brazilian waters, and is heading to Petrobras’ Mero field in Santos Basin for commissioning works before being put into production later in 2025. Alexandre de Gusmão FPSO departed China, heading for Brazil back in December 2024. The news of the FPSO’s arrival to Brazilian... Continue Reading →
Saipem and Divento sign collaboration agreement for floating wind in Italy
Saipem and Divento, a partnership between Copenhagen Infrastructure Partners (CIP, through the “flagship” fund Copenhagen Infrastructure V), GreenIT, a joint venture between Plenitude (a Company controlled by Eni) and CDP Equity (CDP Group), 7 Seas Wind Power and NiceTechnology, have signed a collaboration agreement involving the application of STAR 1, Saipem's proprietary technology for floating wind, in favour... Continue Reading →
Suriname among top oil frontiers, 2.2 billion boe secured since 2020 – Rystad Energy
(oilnow.gy) Suriname is set for a wave of oil and gas exploration, with industry giants Shell, TotalEnergies, and Chevron leading efforts to tap into the country’s promising offshore reserves. Operators plan to drill around 10 wells between 2025 and 2027 in Suriname’s portion of the Guyana-Suriname Basin. A new report from Norway-based Rystad Energy said... Continue Reading →