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Shipping Firm MOL Teams Up with Flotation Energy to Build Floating Wind Farms in Japan

Dec 03, 2021

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has partnered up with Scotland-based floating wind specialist Flotation Energy to jointly evaluate offshore wind development opportunities in Japan. The agreement builds on the 2GW portfolio…

Petronas Awards FEED Contracts for Third LNG Floater

Dec 02, 2021

Malaysian oil and gas giant Petronas has awarded two Front End Engineering Design (FEED) contracts to a JGC Corporation-Samsung Heavy Industries consortium and to Saipem as part of an international dual FEED design competition for a nearshore liquefied natural gas (LNG) project in Sabah…

Singapore's Temasek Working with Portfolio Firms in Green Transition

Dec 02, 2021

Singapore state investor Temasek is working with its portfolio companies to help them become more green as advancing sustainability goals becomes the new normal, the firm's chief sustainability officer said on Thursday.Temasek, with a portfolio valued at S$381 billion ($278…

Hi-Float: Hyundai Heavy Gets BV AiP for Floating Wind Turbine Foundation

Dec 01, 2021

Bureau Veritas (BV) has granted an Approval in Principle (AiP) to Hyundai Heavy Industries for its design and development of “Hi-Float”, a floating offshore wind turbine foundation. The offshore floating wind substructure “Hi-Float” is designed…

Keppel, Ørsted in Offshore Substation Pact

Nov 30, 2021

Singapore's Keppel Offshore & Marine has signed a framework agreement with offshore wind industry giant Ørsted for future offshore substation (OSS) projects.'The agreement is part of a strategic initiative to strengthen the long-term partnership…

Morgan Stanley Slashes Q1 2022 Brent Crude Price Forecast on Omicron Risks

Nov 29, 2021

Morgan Stanley on Monday cut its first quarter 2022 Brent crude price forecast to $82.50 per barrel from $95 on market expectations that the Omicron coronavirus variant could turn into a major headwind for oil demand.The market appears to be…

Van Oord's Aeolus Tests Seaqualize's Offshore Lifting Tool

Nov 22, 2021

Offshore industry tech scale-up Seaqualize has said it has completed offshore trials for its inline Active Heave Compensator (iAHC), the ‘Delta600’ in cooperation with Van Oord.'Together with testing partners Van Oord and nautical research institute MARIN…

Swire Projects Charters Six Multipurpose Heavy-lift Vessels

Nov 18, 2021

Swire Projects, a Swire Shipping division formed last year to provide specialist shipping services to the energy, renewable, and infrastructure sectors, has agreed to charter six multipurpose heavy-lift vessels.The company said Thursday it had…

SBM Offshore to Build Fourth FPSO for Exxon in Guyana

Nov 17, 2021

Dutch FPSO specialist SBM Offshore has won contracts to perform Front End Engineering and Design (FEED) for an FPSO for Exxon's Yellowtail development offshore Guyana. This will be SBM Offshore's largest-ever FPSO.The FEED contract for what will be Guyana's fourth FPSO…

Solstad Offshore Sells Far Swan PSV

Nov 16, 2021

Solstad Offshore, a Norwegian offshore vessel owner, said Tuesday it had sold the platform supply vessel Far Swan.The company, which last year said it would trim its fleet to make it more competitive, with a plan to divest 37 vessels 'over a period of time…

Bernhard Schulte Enters Saudi Offshore Market Through Rawabi Vallianz JV

Nov 16, 2021

Bernhard Schulte Shipmanagement (BSM) and Rawabi Vallianz Offshore Services (RVOS) on Tuesday announced a joint venture to offer third-party ship management services to the offshore sector in Saudi Arabia.The deal was announced during the  ADIPEC Exhibition in Abu Dhabi…

Stanford Marine Orders Two Crew Boats from Grandweld

Nov 01, 2021

Grandweld shipyard has won a contract with offshore support vessel firm Stanford Marine to build two 42-meter GrandSuperior crew boats with the keel-laying ceremony recently completed. These are Grandweld’s 11th and 12th vessels built for Stanford Marine…

Communications: The Role of Secure Telecommunications in Offshore Wind Ops

Oct 29, 2021

While maintaining the integrity of power supply, digitalization and the integration of data have been prioritized in the energy transition process, ensuring a robust telecommunications infrastructure is essential for operational success. A well…

FSRU: Nakilat, Karpowership sign MoU

Oct 25, 2021

Nakilat and Karpowership signed a Memorandum of Understanding (MoU) to collaborate in the LNG-to-power market and jointly own and operate Floating Storage Regasification Units (FSRUs).'This fits very well with Nakilat’s long-term growth plan…

Model Testing Complete for Delta Offshore Energy's 3.2GW LNG-to-Power Project

Oct 25, 2021

Delta Offshore Energy (DOE), a company working to develop the 3200 MW Bac Lieu LNG-to-Power Project in Vietnam, has said that model testing of the LNG receiving terminal technology has been successfully completed.As previously reported DOE Delta…

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