(GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Wednesday it has been awarded a significant order, to be booked in the second quarter of 2023, by MODEC to supply gas technology equipment for the BM-C-33 project in the Brazilian pre-salt Campos area. The project is developed by Equinor with partners Repsol Sinopec Brasil... Continue Reading →
US Approves Construction for Orsted’s Ocean Wind Project off New Jersey
(Reuters)The Biden administration on Wednesday approved construction of an offshore windfarm that will generate 1,100 megawatts of power from up to 98 turbines off the coast of Atlantic City, New Jersey, becoming the third such project in the United States. Approval of Orsted's Ocean Wind by the Interior Department is the administration's latest move toward... Continue Reading →
Solstad Offshore Wraps $580M Sale of PSV Fleet to Tidewater, Exiting the Business
(OE) Norwegian offshore vessel operator Solstad Offshore has officially exited the platform supply vessel business. Namely, the company on Wednesday completed the sale of its PSV fleet to the U.S. offshore vessel firm Tidewater for approximately $580 million. The transaction, first announced in March, was completed Wednesday, with all 37 platform supply vessels, primarily used for... Continue Reading →
C-Kore secures Brazilian subsea construction contract with TechnicFMC
C-Kore Systems recently delivered its automated subsea testing tools for a large subsea construction campaign in Brazilian waters. The C-Kore tools will be used to perform the subsea electrical verification of new umbilicals after installation. C-Kore says its subsea testing tools are used by operators and installation contractors on both installation campaigns and fault-finding operations.... Continue Reading →
Crown Estate Outlines Next Steps for Celtic Sea Floating Offshore Wind Lease Sale
The Crown Estate has made some modifications to the auction process for the Celtic Sea floating wind leases offshore Wales and southwest England, focusing on social value, integration ports and supply chain, as well as addressing new spatial constraints to help de-risk projects ahead of opening the leasing round to bidders later this year. In... Continue Reading →
Swedish Firm Receives First Commercial Order for Vertical Axis Wind Turbine
(OW) Sweden-based SeaTwirl has announced that it received its first commercial order for a new wind turbine application in the North Sea. Earlier this year, SeaTwirl announced that the company and Kontiki Winds signed a Memorandum of Understanding (MoU) to identify and explore opportunities to electrify Oil and Gas assets and other offshore applications using... Continue Reading →
Abu Dhabi’s Masdar to Join Iberdrola’s Baltic Sea Wind Farm Project
(Reuters) Spanish utility Iberdrola has signed an exclusive deal with Abu Dhabi's Masdar to develop a 476 megawatt (MW) offshore wind farm in German waters in the Baltic Sea, Expansion newspaper reported on Wednesday, citing unidentified market sources. The Baltic Eagle wind farm being built off Germany's northeastern coast will have 50 wind turbines and is part... Continue Reading →
Enauta, once again, has temporarily interrupted production from the Atlanta field
Brazilian oil and gas player Enauta has temporarily interrupted production from a field located offshore Brazil only days after completing the preventive maintenance activities for a floating, production, storage, and offloading (FPSO) vessel, which is carrying out operations on this field. Enauta started preventive maintenance at the FPSO Petrojarl I in May 2023 and the production at the Atlanta field was... Continue Reading →
Brazil oil and gas production grows 9.6% in May to reach 4,110 boe/d
(TN) Pre-salt production in May was 3.196 million barrels of oil equivalent per day (boe/d) and corresponded to 77.8% of Brazilian production. 2.510 million barrels per day (bbl/d) of oil and 109.16 million cubic meters per day (m³/d) of natural gas were produced through 144 wells. There was an increase of 5.9% in relation to... Continue Reading →
Brazilian Government Ramps Up Work on Offshore Wind, Green Hydrogen
(OW) Brazil’s Ministry of Mining and Energy and Energy Research Office (EPE) have published a new version of the country’s offshore wind roadmap following recent updates of the regulatory framework for energy generation. According to a recent report by Reuters, the country’s government also plans to establish a regulative framework for offshore wind and green hydrogen... Continue Reading →