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(OET) Subsea 7 has completed the polymer lining scope at Woodside Energy’s Sangomar field development Phase 1 project, Senegal’s first offshore oil development. This is said to mark the first use of the Swagelining polymer liner system offshore West Africa and for Woodside Energy. The Swagelining system was selected as a corrosion barrier for 24 kilometers of... Continue Reading →
(OW) Technip Energies has signed a Memorandum of Understanding (MoU) with the yard infrastructure provider, Young Chang, and heavy lifting solutions provider, Sarens, to collaborate on floating offshore wind projects offshore South Korea. Carl Sarens, Managing Director of Sarens Projects, said: ”We are looking forward to our cooperation with Technip Energies and Young-Chang Heavy Industries. Our objective... Continue Reading →
(OET) TechnipFMC has received $4.1 billion in subsea inbound orders in the second quarter of 2023, a 62.2% increase compared to Q1 2023 and a 113.4% increase compared to the same period in 2022. Records were set for the company’s iEPCI full-field subsea development and integrated project execution and Subsea 2.0 subsea production system. TechnipFMC’s total... Continue Reading →
(OE) Subsea 7's recently delivered Seaway Alfa Lift offshore wind foundation installation vessel is in transit to Europe and is expected to join Subsea 7's fleet in the third quarter of 2023. The semi-submersible heavy installation vessel, designed by Ulstein, will be used to install the next-generation XXL offshore wind foundations. The newbuild heavy lift... Continue Reading →
(OM) Seaway7 recently concluded its scope on SSE Renewables and TotalEnergies's Seagreen Offshore Wind Farm, after almost two years of offshore construction. The EPCI scope for both foundations and cables on the project was one of the largest contract scopes delivered in offshore wind to date. Seaway7 implemented suction bucket foundation technology on jackets to overcome the difficult... Continue Reading →
Dutch-based SBM Offshore and Ireland’s renewable project developer DP Energy have set up a joint venture to pursue floating offshore wind energy opportunities off Nova Scotia, Canada. The duo said they would work to support Nova Scotia’s ambitious climate action targets and “contribute meaningfully” to the phasing out of coal from the grid. The Canadian... Continue Reading →
(OE) UK-based CRP Subsea has recently won a "major" contract from an unnamed "leading energy technology company," AIS, CRP's parent company, said this week. CRP Subsea will deliver 333 distributed buoyancy modules (DBMs) for a deepwater oil field project located in the pre-salt Santos Basin, offshore Brazil. Distributed buoyancy modules (DBMs) are typically used between structures... Continue Reading →
Mingyang Smart Energy’s MySE 16-260 offshore wind turbine has been commissioned and is operating at full capacity in China, according to the company, which now overtook Goldwind in having the biggest wind turbine in the world installed as Mingyang’s compatriot’s 16 MW model has a rotor diameter of 252 metres. Mingyang launched a 16 MW turbine... Continue Reading →
(Reuters) The Big three oilfield services (OFS) companies will likely report higher profits for the second quarter as resurgent demand in international markets and strong offshore drilling helped counter tepid activity in North America. Baker Hughes, Halliburton, and SLB are set to post a combined second-quarter adjusted profit of $2.04 billion, according to Refinitiv data,... Continue Reading →
(OE) The board of the Swedish floating wind technology developer Hexicon has rejected a bid on the company from an unnamed "European actor." The bid, which was conditional of the board's recommendation, was set at SEK 1.5 per share, corresponding to a value of SEK 545 million (currently around $53 million) for the entire company. ... Continue Reading →
Brazil Energy Insight 