(offshore-mag.com) Fred. Olsen 1848 says the BRUNEL Floating Foundation initiative for the floating offshore wind sector has completed its comprehensive basic design phase. This was done in compliance with the DNV-SE-0422 certification, and the development subsequently gained a DNV Basic Design Certification. These milestones are said to confirm acceptance for the design methodologies and developments for primary... Continue Reading →
First Steel Cut for ExxonMobil’s Guyana Field-Bound FPSO Jaguar
(OE) SBM Offshore has held a steel strike ceremony for floating production, storage, and offloading (FPSO) Jaguar, marking a significant step forward in the development of ExxonMobil's Whiptail project, located in the Stabroek Block, offshore Guyana. The steel strike ceremony took place on November 12 at Guyana Shore Base Incorporated (GYSBI), kicking off the production... Continue Reading →
Gazelle Wind Power Scoops $12M to Advance Floating Wind Technology
(OE) Gazelle Wind Power, a Dublin-based developer of foundations for floating offshore wind farms, has secured investment of $12.1 million to accelerate the development of its floating wind technology. The funding round for Gazelle Wind Power was led by Indico Capital Partners, a premier investor in ocean related sustainable technologies. Other investors in the round... Continue Reading →
Siemens Gamesa Bags GBP 1 Billion Turbine Contract for East Anglia Two
(offshoreWIND.biz) ScottishPower has awarded Siemens Gamesa a turbine contract worth more than GBP 1 billion for its 960 MW East Anglia Two offshore wind farm in the UK. Under the contract, Siemens Gamesa will supply 64 of its flagship SG 14-236 DD wind turbines, which have a rotor diameter of 236 metres, for ScottishPower’s third... Continue Reading →
Entrion Secures US Patent for Monopile that Can Be Installed in Water Depths of Up to 100 Metres
(offshoreWIND.biz) Norwegian company Entrion Wind has been issued a US patent for its Fully Restrained Platform (FRP) monopile, which combines fixed and floating platform technologies. The technology can extend the water depths for monopile foundations to up to 100 metres, according to the company. Entrion Wind plans to commercially roll out the FRP monopile in... Continue Reading →
Petrobras will launch, by the end of the year, the bidding processes for the Sergipe Aguas Profundas and Albacora FPSOs
(PN) According to the company's Director of Engineering, Technology and Innovation, Renata Baruzzi, the bidding processes for the contracting of two FPSOs for the Sergipe Aguas Profundas project (SEAP 1 and 2) will be launched by the end of this year. Petrobras is currently discussing with the other companies in the SEAP consortium the best... Continue Reading →
FPSO Prosperity Purchase by ExxonMobil Guyana Completed
SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO Prosperity, ahead of the maximum lease term, which would have expired in November 2025. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate and... Continue Reading →
Brazil-bound FPSO Bacalhau prepares for sailaway after christening at Seatrium’s yard
(offshore-enegy.biz) Singapore’s Seatrium has hosted a naming ceremony for a floating storage, production, and offloading (FPSO) unit constructed by Japanese giant MODEC destined to work off the coast of Brazil. On October 21, 2024, Seatrium’s Tuas Boulevard Yard witnessed the naming ceremony of FPSO Bacalhau, described as the largest vessel of its kind to be delivered to Brazil.... Continue Reading →
Halliburton misses profit estimates on weak North America, cyberattack impact
(Reuters) - Oilfield services provider Halliburton missed analysts' estimates for third-quarter profit on Thursday, weighed down by a slowdown in drilling activity in North America and the impact of a previously disclosed hack. The company's shares slipped 1.5% to $30.05 in premarket trading. Halliburton in August disclosed a cyberattack where an unauthorized third party accessed and removed data... Continue Reading →
US green power demand expected to grow regardless of election outcome
(Reuters) - Demand for green power in the United States will grow regardless of who is the country's next president, major players in the wind energy sector Vestas and Orsted said on Tuesday. Offshore wind developers have seen profits shrink in recent years due to rising raw material costs, high interest rates, inadequate grid connections, supply chain bottlenecks,... Continue Reading →