Brought to you by Quest Offshore & Southern Cone Consultants
(offshoreWIND.biz) Japan’s Sumimoto Corporation and JGC Japan Corporation have signed an agreement to investigate the possibility of collaboration in the detailed design, manufacture, and delivery of structural components for floating offshore wind turbines. According to the companies, they aim to cut costs, improve efficiency, and mass-produce structures for floating wind farms, while also setting up... Continue Reading →
(OE) Ocean Power Technologies (OPT) has signed a reseller agreement for its technology with Geos Telecom, a provider of maritime communication and navigation solutions in Costa Rica. The partnership marks an expansion of OPT’s presence in the Latin American market and includes the immediate sale of a WAM-V (Wave Adaptive Modular Vessel) with anticipated near-term... Continue Reading →
(OE) Offshore drilling company Valaris has secured approximately $715 million in new contracts and extensions since its last fleet status report issued three months ago. Contract backlog of $715 million excludes lump sum payments such as mobilization fees and capital reimbursements, according to Valaris, which marked contract backlog increase to approximately $4.3 billion from approximately... Continue Reading →
(Reuters) Oilfield services firm Baker Hughes beat analysts' estimates for second-quarter profit on Thursday, powered by higher demand for its drilling services and equipment in international markets. The results echo those from SLB and Halliburton, as strong global demand helps the world's largest oilfield firms counter weakness in North America due to mega mergers among... Continue Reading →
(offshoreWind.biz) The global energy landscape is undergoing a transformation with an increasing demand for clean and renewable energy sources. Wind energy is a crucial player in this transition. The technology that can increasingly contribute to this development is floating offshore wind. This promising technology is key to unlocking the potential of wind energy in deeper... Continue Reading →
(OE) Strohm has won a contract from TotalEnergies for the supply of thermoplastic composite pipeline (TCP) flowlines for an offshore field located in the Santos Basin, marking the largest commercial award for pipe supply in company’s 16-year history and a first project in the Brazilian pre-salt. Due for installation in 2026 at a water depth... Continue Reading →
(OE) Offshore drilling contractor Borr Drilling has secured contracts for three of its premium jack-up drilling rigs, which will be put to work in Brazil, Malaysia and Gabon. These contract and extensions for Borr Drilling’s Arabia I, Gunnlod and Norve jack-ups cover a total of 1,779 days and $332 million in contract revenue, including mobilization... Continue Reading →
TSC Subsea has secured a contract with a major operator for the subsea inspection of insulated flexible pipes in the pre-salt region offshore Brazil. The multi-year contract will enable the company to deliver continuous inspection services to the unnamed client from 2024 to 2026. The company uses its proprietary ART (Acoustic Resonance Technology) and the... Continue Reading →
(Reuters) Italian energy contractor Saipem confirmed its 2024 guidance on Wednesday after reporting a 36% rise in adjusted core profit in the second quarter compared with the same period of last year. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) came in at 297 million euros ($322 million) between April and June, boosted by... Continue Reading →
(offshoreWIND.biz) Rovco has been selected to conduct site characterization operations on the Green Volt floating offshore wind farm project in Scotland. UK-based company will focus on geophysical surveys in the offshore wind farm array area, offshore and nearshore export cable corridors, shallow Piezocone Penetration Test (PCPT), and vibrocoring. Rovco’s DP2 survey vessel Glomar Supporter will begin its... Continue Reading →
Brazil Energy Insight 