Renewable Energy: Wave Power Projects Takes a Big Step
Eco Wave Power has secured the engineering coordination permit from the Municipality of Tel-Aviv Jaffa (permit number 2020-3249) needed for the cement works and installation of 10floaters for the EWP-EDF One wave energy project in the Port of Jaffa, Israel.This permit allows Eco Wave Power to proceed with the actual installation of the project in the seaside of the breakwater…
Saipem, Equinor Working on Floating Solar Panels
Italian oilfield services firm Saipem, and Norwegian oil and gas company Equinor are teaming up to develop a floating solar panel park solution for near coastal applications and rough weather conditions.According to a statement by Saipem, the technology will be based on the in-house developed concept by offshore rig designer Moss Maritime…
FLNG Innovations Boost Gas Industry Growth
Liquefied natural gas (LNG) technologies, such as floating LNG (FLNG) innovations, driven by its shorter construction lead times and lower capital investment costs, are increasingly becoming a viable option for increased gas deployments.FLNG helps mitigate siting constraints that shore-based infrastructure may face…
Unique Group Acquires Water Weights
Offshore solutions provider Unique Group said it has completed the acquisition of the Aberdeen-headquartered, load-testing equipment provider Water Weights. The newly acquired specialist will be an addition to Unique Group’s Buoyancy & Ballast division.Unique Group’s manufacturing and global supply chain capability…
Unique Group Adds Diving & Industrial Gas Supply Service
Offshore solutions provider Unique Group said it has extended its offering to include diving and industrial gas supply for the African offshore market from its base in Cape Town, South Africa.Rodney McKechnie, Group Director at Unique Group, said, “After a rigorous study of the diving industry and the current requirements of customers in the region…
MISC Berhad Names FSO Benchamas 2
MISC Berhad held the naming and delivery ceremony of its new Floating, Storage & Offloading (FSO) facility for Chevron Offshore (Thailand) Limited (COTL), the FSO Benchamas 2. The project marks MISC’s maiden foray into Thailand’s offshore oil and gas sector as well as its first partnership with COTL in the offshore space.
MacGregor 3D Motion Compensator Enhances Load-Handling Precision
MacGregor, part of Cargotec, has introduced the 3D Motion Compensator (3DMC), a flexible retrofit device, which is designed to enhance the load-handling precision of an offshore crane even in challenging sea states. "MacGregor's standard active heave-compensation (AHC), supplied through a crane's winch, compensates for a vessel's vertical movements.
UXO Removed from German Offshore Wind Farm
James Fisher Subsea (JF Subsea), part of James Fisher and Sons plc, provided expertise for a project to locate, identify and dispose of deep-sea unexploded ordnance (UXO) at Nordergründe offshore wind farm located 16 kilometers off the North Sea coast of Germany. Offshore wind farm development and management…
Fiber-rope Retrofit Extends Subsea Crane Capabilities
MacGregor, part of Cargotec, has launched a fiber-rope retrofit option for its subsea cranes; the modular upgrade replaces the crane's original steel wire rope with synthetic fiber rope, using the same technology as MacGregor’s fiber-rope crane, the FiberTrac 1500, introduced earlier this year. These cranes…
Partnership Yields New Helical Buoyancy Technology
Diamond Offshore Drilling, Inc. and Trelleborg's offshore operation today announced a joint development agreement to develop, manufacture and market Helical Buoyancy riser technology developed by Diamond Offshore. This innovative, patented riser buoyancy design reduces riser drag and mitigates Vortex-Induced…
Keppel Secures MODEC FPSO Project in Brazil
Keppel Offshore & Marine Ltd, through subsidiary Keppel FELS Brasil SA's BrasFELS shipyard, has been awarded a Floating Production Storage and Offloading (FPSO) module fabrication and integration project by its repeat customer MODEC Offshore Production Systems (Singapore) Pte. Ltd., a MODEC, Inc. group company, for a contract value of over BRL 500 million (SGD190 million).
Keppel Bags BRL 500 mln MODEC Project
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary, Keppel FELS Brasil SA's BrasFELS shipyard has been awarded a Floating Production Storage and Offloading (FPSO) module fabrication and integration project by its repeat customer MODEC Offshore Production Systems (Singapore) Pte. Ltd., a MODEC, Inc.
MacGregor Pusnes Loading Systems for Cosco Shipyard
By combining well-proven MacGregor Pusnes technology in bow loading and offloading systems, MacGregor, part of Cargotec, has helped to develop a solution that enables crude oil to be loaded directly from a floating production storage offloading (FPSO) facility or a floating storage offloading (FSO) unit to a conventional tanker, up to very large crude carrier (VLCC) size.
ISS, CGG Ink Brazil Agency Deal
Inchcape Shipping Services (ISS), the world's leading maritime and logistics service provider, has signed a contract with CGG to provide offshore agency support services for a new oil and gas exploration project in the Barreirinhas Basin in the equatorial margin of northern Brazil. As a specialist geoscience company…
Trelleborg Tackles Lower Costs at SPE Offshore Europe
The sharp fall in oil prices has resulted in intensified competition within the offshore oil and gas industry and the prevailing market situation confirms a continued uncertainty ahead. The market was quick to reevaluate its processes and budgets, redirecting its primary focus to cutting costs, adding value and increasing efficiency.
Pipelay Vessel Sets Tension Record during Trials
EMAS AMC, the subsea division of EMAS, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, announced that its flagship subsea construction vessel, Lewek Constellation, has established an industry record for pipelay in the U.S Gulf of Mexico (GOM). In preparation for the execution of three subsea tie-back projects for Noble Energy…
Keppel Post 1Q 2015 Results
The Directors of Keppel Corporation Limited have reported the following unaudited results of the Group for the first quarter ended 31 March 2015. 1. Net Profit up 6% to S$360 million, compared to 1Q 2014's S$339 million. 2. Earnings per Share was 19.8 cents, up 6% from 1Q 2014's 18.7 cents. 3. Annualised Return on Equity was 12.9%.
Ezra Bags $70m in Offshore Contracts
Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group’s Subsea Services division, EMAS AMC, has won multiple new awards from various energy companies valued at over US$70 million. The scope of work includes subsea installation of umbilicals…
Unique Hydra Secures DSCV Contract from Ultra Deep Solutions
Unique Hydra, a division of Unique Maritime Group (UMG) an integrated turnkey subsea and offshore solutions provider, announced that it has been selected by Ultra Deep Solutions (UDS) to design, build and integrate the dive system for a multipurpose Diving Support Construction Vessel (DSCV). The new DSCV is equipped with a 300HD 18-man twin bell Saturation Diving System.
EMAS Awarded Gunflint GoM Project
EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announced that it has received a Letter of Agreement (LOA) from Noble Energy for the Gunflint Project in the Gulf of Mexico (GoM). Under the terms of the agreement EMAS’s Subsea Services division…