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As the global energy crisis demonstrated last year that the energy security of certain countries hangs by a thread, the American Petroleum Institute (API), a trade association representing the oil and gas industry, has called on the Biden administration to address – what it sees as – the broken permitting process, which is halting U.S. energy... Continue Reading →
(OE) Dutch FPSO specialist SBM Offshore on Tuesday announced the arrival of the FPSO Prosperity at the Stabroek Block offshore Guyana. The FPSO traveled just over 11,000 nautical miles – or just over 20,000 kilometers - from Singapore to Guyana in just under 50 days. On track for first oil later this year, Prosperity becomes... Continue Reading →
(OE) GE Power Conversion said Tuesday it had recently secured a contract with Singapore-based Keppel Shipyard to supply and deliver two electrical modules for the Petrobras P-80 and P-83 FPSOs. "The integrated electrical module to be provided by GE Power Conversion is considered the “heart” of the platform as it provides all the distributed energy... Continue Reading →
The global wind energy market will pass the one terawatt (TW) threshold for installed capacity by the end of 2023, according to the latest market outlook from Wood Mackenzie. “After needing more than 40 years to reach one TW of installations, the wind industry will reach the next TW of installations within the next eight... Continue Reading →
The Netherlands Enterprise Agency (RVO) and Germany-based EnBW have issued contract notices seeking services for the development of offshore wind farms in the Doordewind wind farm zone and in the German Exclusive Economic Zone (EEZ), respectively. RVO aims to publish a tender around the end of May or the beginning of June 2023. The goal... Continue Reading →
(OE) Danish offshore vessel operator Maersk Supply Service has entered a collaboration with the Dutch vessel designer GustoMSC to design the "next generation" Wind Installation Vessel. Maersk Supply Service, which is already building an offshore wind installation vessel for the U.S. market, said Tuesday the aim of the latest collaboration with GustoMSC was to create an... Continue Reading →
(OE) China's CIMC Raffles, best known to Offshore Engineer readers for its offshore drilling rig construction project, has recently launched and delivered China's first semi-submersible offshore floating solar power platform. According to CIMC, the platform is "a self-developed and self-owned intellectual property," and has been officially handed over to CIMC Solar Marine Technology (Yantai) Co.,... Continue Reading →
(Reuters) - Japan's Mitsubishi Corp (8058.T) on Monday said that it and other shareholders of the Monsoon wind power project in Laos have raised $692 million in financing for the wind farm. Mitsubishi, Thai renewable energy firm BCPG Pcl, and other stakeholders secured the financing package from the Asian Development Bank, Japan International Cooperation Agency, Sumitomo Mitsui... Continue Reading →
BW Energy on Monday announced it has achieved first oil from the Hibiscus / Ruche Phase 1 development in the Dussafu license offshore Gabon. "Production performance from the first well has been in line with expectations and is currently stabilized at approximately 6,000 barrels per day," the Oslo-listed E&P company said in a statement. "We... Continue Reading →
(OW) Ørsted and Highview Power have joined forces to try to prove the feasibility and economic value of co-locating long-duration energy storage with offshore wind. The two companies will carry out detailed technical analysis and an economic assessment during 2023 that will investigate how combining Ørsted’s wind technology with Highview Power’s liquid air energy storage... Continue Reading →
