Green Ships ePSV to Feature Amogy’s Ammonia-to-power System

(OE) Green Ships Invest has signed a contract to purchase of Amogy’s carbon-free ammonia-to-electrical power systems for a fleet of new environmentally friendly platform supply vessels (PSV).  Green Ships, which is designing/procuring so-called ePSVs (electrical PSVs), had signed a memorandum of understanding (MOU) with Amogy in October 2023. Under the newly signed contract, Green Ships Invest will... Continue Reading →

Atlanta FPSO Sets Sail for Brazil

(OE) Oil and gas company Enauta has confirmed that the floating production storage and offloading (FPSO) unit Atlanta started sailing towards its final location at the Atlanta Field in Santos Basin, offshore Brazil. After the conclusion of the activities in Dubai and sea trials, the unit set sail toward Brazil, with the travel time estimated... Continue Reading →

Saipem and Fincantieri Form Subsea Alliance

(OE) Saipem and Fincantieri have signed a memorandum of understanding (MoU) to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles (AUV) and their integration with surface and underwater units. The MoU is among the initiatives aimed at promoting and developing Italy’s national excellence in the underwater sector. The agreement... Continue Reading →

With ‘outstanding’ financial results in 2023, Prysmian increases its decarbonization ambition

(Offshore-energy.biz) Italian cabling giant Prysmian in 2023 delivered what it says was a “remarkable performance” with “outstanding” financial results, record backlog in Transmission, as well as increased 2030 emission reduction ambition. For the financial year 2023, Prysmian’s adjusted EBITDA rose by 9.4% to €1,628 million, with improving margins at 10.6% compared to 9.3% in 2022 – a year that Prysmian... Continue Reading →

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