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Offshore Energy News

 

Dogger Bank – Who's Who in the World's Largest Offshore Wind Project

Apr 28, 2021

Dogger Bank is not simply an offshore windfarm project, it is THE offshore windfarm project. Dogger Bank is an offshore wind farm site in the UK North Sea that will, once fully built, be the world's largest and most innovative. Here Offshore…

Aquaterra Energy Wins Riser Deal in APAC

Mar 03, 2021

Offshore engineering solutions provider Aquaterra Energy said Monday it had won a multi-million-dollar riser contract in the Asia Pacific region.Aquaterra said the contract was with a marine vessel owner and operator, for deeper water well intervention projects mainly in the Asia Pacific region…

MARKET: Why Don’t OSVs Get Scrapped?

Mar 01, 2021

The OSV sector will be reliant on a hitherto unseen amount of scrapping to balance the market, writes Gregory Brown, Associate Director – Offshore, Maritime Strategies InternationalThere is a consensus that an OSV market recovery will only be driven a supply side rationalization…

Plugging the Hole

Mar 01, 2021

Sitting at 49% of the total cost of decommissioning, wells plugging and abandonment (P&A) has long been high on the hit-list on the decommissioning cost reduction agenda. It’s a task that has no returns on the cost to do it, and activity is increasing…

Geothermal Energy: A New Life for Old Offshore Oil Wells?

Feb 28, 2021

Old offshore oil wells could be turned into geothermal energy producers under a plan by a new consortium. The group, The Aquarius North Sea Geothermal Consortium, is “actively” working with North Sea operators to see if old wells could be used to generate geothermal energy for existing platforms…

Market Report: FPSOs ... Charting the Path Ahead

Feb 15, 2021

COVID-19 will continue to skew the floating production systems market for the coming 24 months, while buying power for a large portion of FPSO contracts will be centered in Brazil and Guyana/Suriname. These two areas are expected to account…

VIDEO: Scottish-made Tidal Turbine Installed in Japan

Feb 15, 2021

Simec Atlantis Energy (SAE) has informed that its Scottish built tidal turbine and generation equipment have been successfully installed in the Goto Island chain in Japan. 'The tidal turbine clocked its first 10MWh of generation within the first…

Cummins QSK95s: Big Electric Power for Conversion of Ariake to FPSO

Feb 10, 2021

Floating Production Storage and Offloading (FPSO) vessels are essential tools in the search for oil  in deeper waters, further from shore-based facilities. Typically, the large FPSO is stationary with a number of wells feeding oil into its holds…

Petronas Extends ROV Services Contract with Tanjung Offshore

Jan 19, 2021

Malaysian oil firm Petronas Carigali has extended a subsea inspection services contract with Tanjung Offshore, a subsidiary of T7 Global.T7 Global said Tuesday that the contract extension, signed in December, was for the provision of underwater inspection services using mini-ROV…

MOL, Bombora Targeting Wave Energy Opportunities in Japan

Jan 14, 2021

Wave energy converter developer Bombora has entered into an agreement with Japan's Mitsui O.S.K. Lines (MOL) to identify wave energy potential in Japan and across the region.MOL has recently said it has completed a detailed internal technical review of Bombora’s mWave wave energy converter…

Putting Power on the Seabed: Edging towards a Subsea Powerhouse

Dec 29, 2020

Ten years ago, a future where subsea fields and their power-hungry process equipment could be fully electrified, enabling long step-outs to tap remote reserves with lean new infrastructure architectures, lit the fuse for a spate of investment in subsea power distribution…

Baker Hughes Flexible Pipe: Reinventing the Familiar for Subsea Production

Dec 28, 2020

In 2017, the Brazil National Petroleum Agency (ANP) issued a failure mode alert: stress corrosion cracking (SCC-CO2) triggered by the presence of CO2 in high-pressure pre-salt conditions had been identified as the cause of broken tensile armor wires on a certain flexible pipe installation…

Atlantis Delivers Tidal Power Equipment to Japan

Dec 22, 2020

Tidal energy developer Atlantis said Tuesday its Scottish-made tidal generation equipment had arrived in Japan.The Atlantis designed and built tidal generation system has arrived in Nagasaki harbor, Japan having left Scotland in October. It…

Carnegie, Oceantera to Collaborate on Wave Energy Projects

Nov 13, 2020

Wave energy technology developer Carnegie Clean Energy has signed a memorandum of understanding with Oceantera, to share knowledge and expertise on wave energy development.Carnegie and Oceantera - which is a joint venture between UK's Aquatera…

MODEC Sets Out to Reduce Cost of Floating Wind Turbines

Oct 30, 2020

Japanese FPSO specialist MODEC says it is working with partners to develop a solution that will reduce the overall cost of floating offshore wind turbines.For some time, floating offshore wind has been something of a niche, but now full-scale demonstrators are in the works…

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