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McDermott has held the christening ceremony for its newly converted Amazon vessel in the Port of Rotterdam, the Netherlands. The vessel has undergone a “sophisticated” conversion from a construction vessel into an ultra-deepwater J-Lay vessel as part of McDermott’s global deepwater subsea strategy. The upgraded specifications enable highly automated operations, the production of hex joints from single or... Continue Reading →
(TN) The Suezmax DP2 Eagle Colatina relief vessel arrived in Brazil, the first of three Eco Type ships built to reinforce the fleet of more sustainable ships for the relief of oil platforms operated by Petrobras. With a deadweight of 155 thousand tons of deadweight, the Eagle Colatina, which docked at the Port of Rio... Continue Reading →
(OW) American multinational automotive manufacturing corporation General Motors (GM) has led a Series A investment round of up to USD 10 million into Wind Catching Systems, the Norwegian developer of multi-turbine floating offshore wind systems, to help fund the development and commercialization of the technology. General Motors has made the investment through GM Ventures, the... Continue Reading →
A collaboration between Equinor and Technip Energies on Floating Wind Substructures was announced during the Seanergy conference in Normandie, France. The collaboration is intent on building on the two companies’ joint ambition of driving the industrialization of floating offshore wind. “We see longer-term collaboration from an early phase as the next step within floating offshore... Continue Reading →
(Reuters) - BP (BP.L) is beefing up its hydrogen management team as the energy company prepares to accelerate investments in the low-carbon fuel which it believes will play a key role in the world's shift away from fossil fuels. The revamp of the hydrogen team is the first clear sign of changes Anja-Isabel Dotzenrath, a former head... Continue Reading →
Petróleo Brasileiro S.A. – Petrobras and Raízen have signed an agreement to jointly evaluate potential businesses involving the production, purchase and sale of biomethane, a 100% renewable fuel produced by Raízen from sugarcane waste (vinasse and filter cake), generated in the agro-industrial operations of the company's Energy Bioparks. The partnership also foresees studies for the... Continue Reading →
By: Philip Lewis (OE) Over the last year we have seen an upswing in floating production and storage systems ordering after many years of low activity. According to our colleagues at World Energy Reports, “The global oil and natural gas markets are contending with rebounding energy demand on top of supply disruptions from Russia’s invasion... Continue Reading →
Aker Solutions and NOV have signed a long-term technology cooperation agreement to optimize subsea system solutions, expected to enable sustainable oil and gas, low carbon, and renewable solutions. According to the parties, the joint effort will combine the technology strengths of NOV and Aker Solutions to optimize system solutions, allowing for greater flexibility and value... Continue Reading →
(Reuters) - U.S. oil producers profiting from sky-high prices are doling out billions to shareholders and building cash reserves, a strategy irking lawmakers and voters struggling with record fuel prices while winning over Wall Street. Soaring fuel prices have boosted inflation to a 40-year record and are expected to drive up U.S. gasoline by more... Continue Reading →
By: Elaine Maslin (OE) Wind power pioneer Henrik Stiesdal built his first wind turbine in 1978. It was one of Denmark’s first step towards becoming a wind energy powerhouse, with Stiesdal regularly at the helm. He’s now got wider climate initiatives in his sights, including industrializing floating offshore wind. He reflected with OE’s Elaine Maslin.... Continue Reading →
