When it comes to the energy transition, we have already seen that the first-mover advantage is there.
A Chinese shipyard has started building another FPSO for SBM Offshore, making it the fourth Fast4Ward FPSO hull to be built by the shipyard.
As the offshore oil and gas sector continues to move forward with acting on both corporate and governmental energy transition strategies, the offshore wind sector is increasingly seeing new players entering the scene, one of the latest being an Indian oil and gas production company.
DTOceanPlus project has released an open-source suite of second-generation advanced design tools for the selection, development, and deployment of ocean energy systems.
Shell has reported that one of its Gulf of Mexico platforms has been damaged in Hurricane Ida and the majority of output remains offline.
Russian transport company Fesco Transportation Group and Atomenergoprom JSC, part of Rosatom, plan to create a transport and logistics hub at the Vladivostok Commercial Sea Port.
Provider of integrated subsea and offshore solutions Unique Group has purchased an iXblue Gaps M7 Ultra Short Base Line (USBL) acoustic positioning and communication system. This new addition will be placed in Unique Group’s rental pool of equipment and made available to clients across the Americas.
Swiss energy company H2 Energy Europe has bought an 11-hectare site near Esbjerg in Denmark for a 1 GW offshore wind-to-hydrogen project that could be up running in 2024. The location where the electrolyser plant will be built enables H2 Energy Europe to access the electricity produced by offshore w
Dutch-based start-up Teamwork Technology has put the upgraded Symphony Wave Power turbine through its paces in a test campaign performed in collaboration with In2Sea in Portugal.
Noble Corporation has declared force majeure on the Noble Globetrotter II drillship following damages sustained as a result of Hurricane Ida.
Offshore vessel provider Bourbon has been awarded a contract by Shell for operations in Namibia and Sao Tomé.
Norwegian offshore vessel owner Solstad Offshore has secured new contracts for a total of seven platform supply vessels in West Africa.
The representative body for Welsh marine energy industry Marine Energy Wales has launched the ‘Road to COP26’ initiative to showcase the emerging offshore renewable energy industry in Wales and highlight the contribution the sector can make to net-zero.
Russian natural gas producer PAO Novatek and the Japan Bank for International Cooperation (JBIC) have revealed plans to work together on low-carbon projects.
