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Tag: Offshore

Saipem renews framework agreement with Saudi Aramco for offshore activities

Oil & Gas
The Long-Term Agreement (LTA) now extends until the end of 2027.

Wake loss could cost Equinor and Orsted up to £363m from North Sea wind farms

Wind Energy
Equinor and Orsted have warned that the effects of wake loss on their projects could cost them up to £363 million in lost revenues.

bp announces oil discovery in the Gulf of America

Oil & Gas
bp has announced an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America.

DEME signs agreement to acquire Norwegian company Havfram

Business
Havfram, an offshore wind infrastructure services company Havfram is a Norwegian offshore wind infrastructure company focused on providing transport and installation to the offshore wind sector.

Aker Solutions unveils three innovative floating wind foundation designs

Wind Energy
All three have passive ballast systems and the capability of supporting turbines that are 15 MW and larger.

UK Government gives ‘green light’ to Rampion 2 Offshore Wind Farm project off the Sussex coast

Wind Energy
Once fully operational, Rampion 2 would be capable of powering the equivalent of over one million UK homes.

SBM Offshore signs US$400 million Sale and Leaseback agreement for FPSO Cidade de Para

Oil & Gas
Under the terms of the agreement, the special purpose company will transfer the ownership to four Chinese leasing companies.

Fugro and Spoor create new AI bird-monitoring solution for offshore wind farms

Innovations
The solution uses video cameras installed on Fugro’s SEAWATCH® Wind Lidar and other metocean buoys

Offshore wind supply chain and port infrastructure set for £15m boost

Wind Energy
The Crown Estate has allocated £15m for the next round of the programme which seeks to kick-start investments in UK offshore wind-related port infrastructure and supply chain facilities.

TGS selects Exail Gaps M7 USBL system to optimize offshore geophysical surveys

Subsea Technology
TGS has selected Exail Gaps M7 USBL system to enhance its underwater tracking capabilities, boosting efficiency and accuracy in offshore geophysical surveys.

DFO contracts VARD for one offshore subsea construction vessel

NewBuilds
VARD has signed a contract with the Taiwanese based company Dong Fang Offshore for the design and construction of one Offshore Subsea Construction Vessel, with option(s).

Stonepeak to acquire interest in Woodside’s Louisiana LNG

Oil & Gas
Under the transaction, Stonepeak will provide $5.7 billion towards the expected capital expenditure for the foundation development of Louisiana LNG on an accelerated basis
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