Sept. 10 (Reuters) Japan aims to start planning a national floating wind test centre next year, a senior industry official said, vowing to pursue a path of wind power growth despite a recent setback when Mitsubishi quit three projects. Mitsubishi-led consortia dropped plans last month to build 1.8 gigawatt (GW) in three offshore windmills won... Continue Reading →
Petronas Plans Fourth Well Drilling Op off Suriname for Early 2026
Sept. 10 (Reuters) Malaysia's oil and gas producer Petronas plans to drill a fourth well by the first quarter next year at offshore Block 52 in Suriname, the government and state company Staatsolie said. Petronas, which has discovered gas reserves in the block, its most promising area in the South American country, had said in... Continue Reading →
Petrobras Completes Test in Offshore Oil Area Ahead of Environmental Assessment
Sept 9 (Reuters) Brazil's President Luiz Inacio Lula da Silva said on Tuesday that environmental agency Ibama should be satisfied with the results of an emergency drill done by state-run oil firm Petrobras in the country's Foz do Amazonas basin, ahead of Ibama's official assessment. "Petrobras has already carried out the test. Ibama should be... Continue Reading →
ABS Approves MODEC’s Offshore LCO2 Storage and Injection Unit
Sept. 9 (OE) ABS has granted approval in principle to a liquefied carbon dioxide (LCO2) floating storage and injection unit (FSIU) designed by MODEC in collaboration with Mitsui OSK Lines (MOL). Tailored to the growing demands of the global carbon capture, utilization and storage (CCUS) value chain, the design eliminates the need for onshore facilities,... Continue Reading →
FairWind appoints first Regional Head of Service for Southern Europe, South America & South Africa
Sept. 9 - FairWind, a global leader in wind turbine installation and service solutions, has appointed Aitor Diaz de Lezana Fernández to the newly created role of Regional Head of Service for Southern Europe, South America & South Africa (SESA). Mr Diaz de Lezana Fernández brings more than 19 years’ experience in the wind sector,... Continue Reading →
Miros secures new shipping contract for novel VTI vessel performance technology
Sept. 9 - Miros, a global leader in real-time ocean insights and maritime innovation, has announced a significant commercial shipping contract for its Vessel Technical Index (VTI) service, marking a bold step forward in transforming vessel performance monitoring across the shipping sector. This third and newly signed agreement, with a prominent yet undisclosed shipping company,... Continue Reading →
BW Energy Secures Maromba FPSO Funding, Signs Rig Lease for Brazil Field
Sept. 9 (OE) BW Energy has completed a $365 million project finance facility to fund the refurbishment and redeployment of the Maromba floating production, storage and offloading vessel (FPSO) to Brazil’s Maromba field. The loan, backed by China Export & Credit Insurance Corporation (Sinosure), was significantly oversubscribed and will cover around 80% of total project... Continue Reading →
Kongsberg Maritime Develops Simplified Mooring System
Kongsberg Maritime has developed a simplified mooring system for offshore floating structures. Building on its patent-pending integrated tensioning and remote pull-in technologies, the company is now focused on reducing cost, complexity, and environmental impact across the mooring system lifecycle. The latest developments center on minimizing mooring components and enabling future layouts that avoid active tensioning... Continue Reading →
Halliburton Shrinks Workforce as Oil Activity Plummets
Sept. 8 (Reuters) U.S. oilfield services provider Halliburton has been cutting staff in recent weeks, according to two sources familiar with the matter, marking the latest workforce reduction in the U.S. oil industry as it faces rising costs and a period of lower prices and volatility. Global benchmark Brent crude oil prices have dropped more... Continue Reading →
‘Targeted Attack’ | US DOI Plans to Revoke More Permits; White House Seeking to Engage Health and Human Services Department?
Sept. 5 (offshoreWIND.biz) In a matter of months, the US offshore wind industry went from a growing investor and employer to an industry that is now undergoing what Oceantic Network called a “targeted attack” after reports emerged that the US Department of the Interior (DOI) plans to revoke federal permits for two more projects. The Trump administration has reportedly also asked... Continue Reading →