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(OE) CIMC Raffles, a subsidiary of CIMC Group, has secured engineering, procurement, and construction (EPC) contracts from Seatrium for the supply of the hulls for two floating production storage and offloading (FPSO) units being built for Brazil’s national oil and gas company Petrobras. With the latest agreement, CIMC Raffles has previously delivered two and is... Continue Reading →
(Reuters) BP expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 it published on Wednesday. Carbon emissions, caused predominantly by the burning of fossil fuels,... Continue Reading →
(TN) In June 2024, the FPSO Cidade de Campos dos Goytacazes MV29 celebrated six years since it produced the first oil in the Tartaruga Verde and Tartaruga Mestiça Fields of the Campos Basin. The start of this operation represented a new moment for MODEC, due to its production capacity, weight (108.7 thousand tons) and size... Continue Reading →
(Offshore-energy.biz) After six years of development, sustainability consultancy ERM has launched offshore trials to test its Dolphyn Hydrogen process which combines electrolysis, desalination, and hydrogen production on a floating wind platform, marking the first time hydrogen has been produced from seawater in a marine environment in the UK. The trials conducted in Pembroke Port, South... Continue Reading →
(OE) SLB, through its OneSubsea joint venture, has secured a contract from TotalEnergies to provide subsea production system, including associated equipment and services, for the development of Kaminho project, offshore Angola. SLB OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7, will provide a 13-well subsea production system scope. The project will be developed... Continue Reading →
(OE) Independent energy expert and assurance provider DNV has been chosen by Spanish company Iberdrola to perform power curve verification at the Bay of St. Brieuc offshore wind farm, employing advanced nacelle lidar technology. Situated 16 kilometers off Cap Fréhel in the Bay of St. Brieuc in the Côtes-d’Armor distric, the farm is notable for... Continue Reading →
(OE) MODEC and Terra Drone Corporation have entered into a joint research and development agreement to enhance inspection drones for floating production, storage and offloading (FPSO) vessels. The agreement follows the memorandum of understanding signed by the companies in November 2023. Since, MODEC has continuously utilized Terra Drone’s drone technology to measure the hull thickness... Continue Reading →
Philip Lewis, Contributor Examining similarities and differences between the deepwater oil & gas and the emerging floating wind segment. (OE) There has been much excitement around the potential for the offshore wind industry to access deeper water sites through the deployment of floating wind technology. Further, there has been much discussion around the development and deployment... Continue Reading →
Jesper Skjong, Contributor (OE) There are solid underlying fundamentals that are driving the increased vessel demand, chief among them is the increased offshore upstream investment on a global level. Overall, spending on exploration and production is set to increase roughly 45% from 2021 to 2025, reaching a total of almost $200 billion in the latter year.... Continue Reading →
(offshoreWIND.biz) A consortium gathering 17 partners from eight European countries has started working on a project, dubbed Floatfarm, with a goal to lower the levelised cost of energy (LCOE) of floating wind through solutions such as shared mooring and anchoring, and to reduce the impact of floating wind farms on marine wildlife. Funded by the... Continue Reading →
