Technip Energies, in consortium with Subsea 7 and Samkang M&T, has been selected by Corio Generation and TotalEnergies to perform a Front-End Engineering Design (FEED) for their Ulsan Gray Whale 3 Offshore Windfarm project, located offshore the East Coast of South Korea. The FEED contract covers engineering for floater, mooring, and inter-array cable (IAC) in collaboration with a wind turbine supplier. The design of the floating foundation will include Technip Energies’ in-house floater technology INO15. With a capacity of 15 megawatts, INO15 technology is a three columns semi-submersible floater suited for large series production. The... Continue Reading →
Magseis Fairfield Wins OBN Survey Work with ExxonMobil in Guyana
(OE) Oslo-listed marine seismic survey firm Magseis Fairfield has signed a contract with ExxonMobil for a large Ocean Bottom Node (OBN) project offshore Guyana, where ExxonMobil has so far discovered 11 billion barrels of oil. The project is expected to be conducted using our ZXPLR technology and last for a minimum of 14 months. “We... Continue Reading →
Bombora Wraps Up Tank Testing of Floating Hybrid Energy Platform
Wave energy converter developer Bombora Wave Power (Bombora) has completed tank testing of a floating foundation system suitable for the InSPIRE solution, where Bombora's mWave technology is combined with a wind turbine onto a single floating offshore platform. An adapted version of the semi-submersible INSPIRE platform, developed in partnership with TechnipFMC, underwent tank testing evaluations... Continue Reading →
Rystad: U.S. bill to bolster energy security with no respite for industry costs in sight
The U.S. recently came up with the Inflation Reduction Act, which is expected to boost domestic energy security by opening the door to more federal onshore and offshore lease sales while also promoting low-carbon and renewable energy developments. However, Norway’s energy intelligence group Rystad Energy believes that there is no respite on the horizon for energy... Continue Reading →
Petrobras on P-80 construction contract
Petróleo Brasileiro S.A. - Petrobras informs that, as a result of the progress of the development project for the Búzios field, in the Santos Basin pre-salt area, it signed today a contract with Keppel Shipyard Limited for the construction of platform P-80, the ninth unit to be installed in the field. This unit will be... Continue Reading →
Offshore wind-to-hydrogen brings high profile investors to Dutch TCP pipeline supplier Strohm
HydrogenOne Capital Growth has signed definitive agreements for an investment of EUR 10 million in Strohm, the Dutch manufacturer of hydrogen pipelines who already saw Shell Ventures, Chevron Technology Ventures, and Evonik Venture Capital joining in as investors. HydrogenOne, the first LSE-listed investment fund dedicated to clean hydrogen, invested the EUR 10 million in the... Continue Reading →
Big Oil Set to Cash in On Trillion-dollar Offshore Wind Prize – WoodMac
No longer in its infancy, offshore wind is a proven technology on course to play a key role in the decarbonisation of the global economy. Over the next decade, the industry will attract almost US$1 trillion in new investment. A growing number of competitors are flocking to take advantage of the massive opportunities that will... Continue Reading →
Miros’ WaveSystem for Subsea 7’s Petrobras-bound Offshore Vessel Trio
Subsea 7 has awarded Miros Group agreements to install its internet of things (IoT) dry-sensor WaveSystem on three of its pipelay support vessels, ti deliver accurate wave measurements via Miros' cloud-based graphical user interface (GUI) Miros.app. As part of three 3-year contracts and project requirements for the monitoring of wave and current to a water... Continue Reading →
TotalEnergies, Corio Tap ODE as Owner’s Engineer for 1.5GW North Sea Wind Farm
Offshore Design Engineering Ltd (ODE) has won a contract to deliver Owner’s Engineer support to the pre-FEED stage of the 1.5GW Outer Dowsing offshore wind farm in the Southern North Sea. The Owner’s Engineer contract was awarded to ODE by Outer Dowsing Offshore Wind (ODOW), a joint venture developed by TotalEnergies and Corio Generation, a... Continue Reading →
California Sets Big Offshore Wind Targets
(Reuters) California on Wednesday set ambitious new targets for offshore wind development, saying turbines along its storied coastline would power some 25 million homes by 2050. In a unanimous vote, the five-member California Energy Commission (CEC) adopted a goal of 3,000 to 5,000 megawatts (MW) of offshore wind by 2030 and 25,000 MW by 2045, the agency... Continue Reading →