MHI Vestas Sourcing Blade Components from Local Taiwan Suppliers
Offshore wind turbine specialist MHI Vestas which has recently awarded contracts to supply wind turbines for offshore wind projects in Taiwan, has signed a deal with Swancor to source wind turbine blade materials locally in Taiwan."In another step…
Hutchinson to Provide Platforms for Hornsea 2
Offshore wind specialists, EEW Group has contracted has contracted UK outfit Hutchinson Engineering for the fabrication and on-site assembly of 30 suspended internal platforms (SIPs) for Orsted's 1386MW Hornsea 2 offshore wind farm off eastern England.The SIPs are highly complex steel components…
SGRE Wins Hai Long 2 OWP
Spanish global renewable energy company Siemens Gamesa Renewable Energy (SGRE) has been selected as the preferred supplier of turbines for the 300MW Hai Long 2 offshore wind project in Taiwan.The agreement is subject to contract and final investment decision from the consortium partners…
Orsted Breaks Ground for Taiwan OWP
Construction of Taiwan's Formosa 2, an offshore wind power (OWP) development project, officially broke ground in Miaoli County.Orsted Taiwan said in a statement that it held a ground-breaking ceremony for the onshore substation works for the 900MW…
Boskalis, Hwa Chi Win CFXD OWF Project
Netherlands headquartered Royal Boskalis Westminster together with Taiwanese partner Hwa Chi Construction have been awarded the foundation scope for the Taiwanese Changfang and Xidao offshore wind farm (CFXD OWF) project owned by Copenhagen Infrastructure…
GAC Opens Offices in Harwich & Ramsgate
Gulf Agency Company (GAC), a global provider of shipping, logistics, and marine services, has opened two new branches, in Harwich and Ramsgate, to meet the increased demand in oil, gas and renewables work in the South of England.Both locations are actively servicing projects within their areas…
DEME Names Moray East Jacket Suppliers
DEME Offshore has selected tier one suppliers to supply jackets for the foundations of Moray Offshore Windfarm East (MOWEL), located in the Outer Moray Firth, 22km off the coast of Scotland.According to DEME, formerly GeoSea, Smulders will carry…
BP Dishes Greater Tortue Ahmeyim Contracts
Oil major BP has awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts to services providers McDermott International and Baker Hughes, a GE company (BHGE), for the Greater Tortue Ahmeyim natural gas project…
Consortium Bags Commitments for Rovuma LNG Project
Area 4 co-venture participants -ExxonMobil, Eni, China National Petroleum Corporation (CNPC), Empresa Nacional de Hidrocarbonetos, Kogas and Galp - have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the…
MHI Vestas Signs Tower Contract, Expands in Taiwan
MHI Vestas Offshore Wind, a joint venture of Mitsubishi Heavy Industries and Vestas Wind Systems, signed a conditional contract with CS Wind/Chin Fong the local manufacture of towers, as wind industry veteran takes the reins at newly formed entity…
Asia-Pac Offshore Wind Capacity to Rise 20-fold in a Decade: Wood Mackenzie
Asia-Pacific's offshore wind capacity will rise 20-fold to 43 GW in 2027, said new research from global natural resources consultancy Wood Mackenzie. Future offshore wind prices will be competitive with traditional thermal prices, it said.Leading the charge is China…
Big Oil Readies Brazil Offshore Bets
Exxon Mobil Corp , Royal Dutch Shell Plc and other companies will gather on Friday in possibly their last crack at Brazil's coveted offshore oil for another four years, as a wide-open election spurs fears about barriers to foreign investment.The…
Taiwan: The Next Battleground for Offshore Wind
Taiwan is becoming the next battleground for the world's top offshore wind developers as they seek a foothold in Asia for a technology that has been expanding fast in Europe.Taiwan announced results on Monday of its first major offshore wind farm…
Statoil Awards Askeladd Development Contracts
Statoil is awarding a contract for pipelaying to Subsea 7 and for marine operations to Ocean Installer in the Askeladd field development. "The Askeladd project is being developed in a period of several key milestones for Statoil in North Norway.
Brazil's "Local Content" Rule likely to Stay
Brazil will likely limit planned cuts in local content requirements for future oil exploration and production contracts in a move aimed at appeasing local suppliers and to pave the way for an extension of customs breaks for oil companies. The measures would be a concession to some opponents of "Repetro…
Brazil Extends Oil Industry 'Perks' Through 2040
Brazil on Friday extended through 2040 a preferential customs regime for the oil and gas industry called Repetro, which was set to expire in 2019, as it seeks to entice investment ahead of key auctions later this year. The move was accompanied by…
Sembcorp Profit Halved as Clients Defer Projects
Revenue falls 30 pct; order book at S$9.7 billion. Singapore rig-builder Sembcorp Marine's quarterly profit halved as customers deferred projects, and it faces prolonged uncertainty on contracts from its biggest client, Sete Brasil, whose shareholders have approved its bankruptcy.
Petrobras Sought Arbitration for Sete Brasil talks, Sources Say
State-controlled Petróleo Brasileiro SA unsuccesfully sought the appointment of arbiters to rework a long-term contract with debt-laden drilling rig leaser Sete Brasil Participações SA, according to three sources with knowledge of the situation.
GAC Takes Care of ‘Maersk Deliverer’ at Ngqura
A massive drilling rig has completed its latest Special Periodic Survey and is now back in active duty off the coast of Angola. GAC South Africa was appointed to take care of the behemoth during its five-week stay at the deep water port of Ngqura.
Brazil Oil Group Seeks Changes to Local-Content Rules
Brazil's national oil-industry association, IBP, released a list of suggestions for regulatory changes on Monday that it hopes will boost exploration activity in the wake of falling oil prices, high costs, delays and a graft scandal at state-run oil company Petrobras.