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Dana-operated FPSO Triton lies approximately 6 km to the northeast in the UK Central North Sea; Source: Tailwind Energy
Business & Finance

North Sea FPSO production restart on the cards next month following storm-induced damage

Serica Energy has confirmed the new timeline for the resumption of production at its assets in the North Sea, which are tied back to an existing floating production, storage, and offloading (FPSO) vessel, operated by Dana Petroleum, on the UK Continental Shelf (UKCS).

about 1 year ago
Strohm targets simpler workflows with launch of TCP design tool
Business & Finance

Strohm targets simpler workflows with launch of TCP design tool

Dutch thermoplastic composite pipes (TCP) producer Strohm has launched a web-based tool that allows companies to design and engineer TCPs for their projects. According to Strohm, TCP Designer streamlines pipe design assessments during the front-end engineering design (FEED) stage of projects, enabli

about 1 year ago
Ocean Apex rig; Source: Noble
Business & Finance

Noble rig quartet’s drilling gigs contribute to total backlog of $5.8 billion

Noble Corporation has won drilling assignments with Tullow in Ghana, Petronas in Suriname, Shell in the Americas, an undisclosed firm in the U.S. Gulf, and Chevron in Australia for four floaters.

about 1 year ago
Gasum
Collaboration

Gasum, Sirius Shipping order LNG, bio-LNG bunker vessel in Türkiye

Nordic energy company Gasum and Swedish shipping company Sirius Shipping have placed an order for 7,800 cbm liquefied natural gas (LNG) and bio-LNG bunker vessel at RMK Marine shipyard in Türkiye.

about 1 year ago
Econowind bags €1M to scale up wind propulsion for deep-sea shipping
Business & Finance

Econowind bags €1M to scale up wind propulsion for deep-sea shipping

Econowind has received €1 million in development capital from Invest International to develop and test its steel wind sail for the deep-sea shipping market.

about 1 year ago
AD140 jack-up rig; Source: Arabian Drilling
Business & Finance

Saudi and UAE rig owner duo pooling resources to widen offshore drilling horizons

Shelf Drilling has decided to join forces with Arabian Drilling to expand their offshore drilling footprint.

about 1 year ago
ONE
Collaboration

Greener course: ONE and Yusen join forces for low-carbon shipping

Singapore’s shipping player Ocean Network Express One (ONE) and Japan’s logistics provider Yusen Logistics (YL) have joined forces to support sustainable supply chain practices and marine transportation via the former’s green shipping service. Per the terms of the agreement, with its ONE LEAF+ green

about 1 year ago
new report
Business Developments & Projects

US technology company Emvolon comes onboard Methanol Institute

Trade association Methanol Institute (MI) has welcomed U.S. technology company Emvolon as its newest member.

about 1 year ago
Swedish company CorPower Ocean and Norway-based OPS Solutions have developed a pre-tension cylinder (PTC) prototype, marking a step toward reducing the cost and mass of wave energy converters (WECs).
Authorities & Government

EIC Accelerator backs CorPower Ocean with up to €17.5M to advance wave energy tech

Swedish wave energy technology developer CorPower Ocean has secured up to €17.5 million in funding from the European Innovation Council (EIC) Accelerator to support commercializing its wave energy solutions. The company noted that the funding package includes a €2.5 million grant and a €15 million p

about 1 year ago
Interview with Madoqua: Clear regulations needed to kick-start green fuels bonanza
Business Developments & Projects

Interview with Madoqua: Clear regulations needed to kick-start green fuels bonanza

Offshore Energy spoke with Madoqua’s Chief Commercial Officer, Marloes Ras, about the current challenges and opportunities that could drive forward the adoption of green fuels in the maritime industry.

about 1 year ago
Aerial view of a port area
Business Developments & Projects

Diversification of Dutch gas supply key to avoiding geopolitical pressure, says local player

According to the Netherlands-headquartered Traffic Family, the country needs to diversify its gas supply to boost energy security and decrease its susceptibility to geopolitical pressure.

about 1 year ago
FPSO Fast4Ward design; Source: SBM Offshore
Business & Finance

SBM Offshore gets carbon capture modular solution study for FPSOs on Petrobras’ oil & gas assets

SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has been tasked with a study encapsulating the design and the commercial evaluation of various carbon capture systems’ configurations to be installed on future floating production, stor

about 1 year ago
Port of Emden
Infrastructure

Port of Emden gets its first container wind turbine

Niedersachsen Ports, an operator of state-owned ports in Lower Saxony, Germany, has unveiled the first container wind turbine to be operated in the Port of Emden.

about 1 year ago
A photo of CEO of LS Cable & System, Managing Director of Balmoral Comtec. and CEO of LS Marine Solution after the signed memorandum of understanding
Business Developments & Projects

Balmoral Comtec enters agreement for Korea’s 750 MW floating wind project

Balmoral Comtec, part of Balmoral Group, has signed a memorandum of understanding (MoU) with LS Cable & System and LS Marine Solution to collaborate in the floating offshore wind sector and on the 750 MW Bandibuli/Firefly project in South Korea. The agreement with the Scotland-based buoyancy, protec

about 1 year ago
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