(Reuters) California on Wednesday set ambitious new targets for offshore wind development, saying turbines along its storied coastline would power some 25 million homes by 2050. In a unanimous vote, the five-member California Energy Commission (CEC) adopted a goal of 3,000 to 5,000 megawatts (MW) of offshore wind by 2030 and 25,000 MW by 2045, the agency... Continue Reading →
Saipem Nets $900M Deal to Deliver Angola’s First Non-associated Gas Project
Italian oilfield services firm Saipem said Thursday it had secured three new engineering and construction contracts - one onshore and two offshore - in Angola. The total value is around $900 million. The contracts are with the New Gas Consortium comprised of BP's and Eni's recently established Azule Energy Angolan JV, and Sonangol P&P, Chevron, and TotalEnergies,... Continue Reading →
Norwegian shipyard to retrofit two Oceanica PSVs for deep waters off Brazil
Brazilian shipowner Oceanica has awarded Green Yard Kleven in Norway with a contract to retrofit two platform supply vessels (PSVs) for operations with a remotely operated vehicle (ROV) and offshore crane. Oceanica recently purchased the vessels which have Marin Teknikk design MT6009. One is already at Green Yard Kleven and the other will arrive at... Continue Reading →
Shell Hires Maersk Supply Service to Fix FPSO Mooring Lines in Brazil
Danish offshore vessel owner, Maersk Supply Service has won a contract with Shell in Brazil for the mooring line remediation of the FPSO Fluminense, located off the coast of Rio de Janeiro. The scope of the project includes remediation work on two of the Fluminense FPSO's mooring lines. "With the onshore engineering already well underway,... Continue Reading →
EXCLUSIVE Mexico’s Pemex in talks with Vitol, eyes resuming business after bribery scandal
(Reuters) - Petroleos Mexicanos (Pemex) has made progress in talks with global energy trader Vitol about resuming trading ties that broke down last year during a bribery scandal, and the companies must iron out some issues such as compensation for damages Mexico's state oil company suffered, two sources at Pemex said. The sources at Pemex... Continue Reading →
Bureau Veritas launches service that facilitates and speeds up the environmental licensing process for the implementation of Offshore Wind Farms in Brazil
Bureau Veritas launches Balcão Único (One-Stop Shop), a service that facilitates and speeds up the environmental licensing process for the implementation of Offshore Wind Farms in Brazil and offers all the necessary support for companies interested in operating in the sector. The number of projects in the sector has risen 200% in the last year... Continue Reading →
Scotland opens offshore wind leasing round to decarbonize North Sea oil and gas
Scotland’s new offshore wind leasing round aiming to decarbonise the North Sea oil and gas sector and position offshore wind as a primary feature of the energy transition has launched today, with plans to deliver the results in March next year. Following last year’s consultations, Crown Estate Scotland, the body which manages seabed leasing for offshore... Continue Reading →
Wood Thilsted Wins Offshore Wind Engineering Work in U.S.
(OE) Engineering consultancy Wood Thilsted has been appointed as a detailed design engineer for US Wind’s MarWin project, the company’s first offshore wind project to be constructed off the coast of Maryland, U.S.. Apart from being responsible for the delivery of the detailed foundation design for MarWin, Wood Thilsted will also be supporting the development... Continue Reading →
AKOFS Offshore to deploy Hydramec’s LARS for subsea activities in Brazil
AKOFS Offshore has ordered a bespoke active heave compensated (AHC) launch and recovery system (LARS) from Hydramec and Scantrol to be used for subsea basket deployment. Working directly alongside AKOFS for the first time, Hydramec and Scantrol have teamed up to deliver the LARS which required some design changes to suit a new subsea basket... Continue Reading →
LNG Traders Absorb Huge Losses After Supply Outages
(OE) Major energy traders are taking hundreds of millions of dollars in losses as they scramble to plug a liquefied natural gas (LNG) supply gap after several outages hampered efforts to fill European storage ahead of the winter heating season. Unplanned disruptions at LNG plants in the United States, Nigeria and Australia have wrong-footed traders, including... Continue Reading →