BP and its partners have given the green light for the development of a large gas project offshore Mauritania and Senegal, a first for the two West African nations.
Woodside advises that the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore joint venture1 has agreed to commence front-end engineering design
Siemens Gamesa and Aalborg University are leading a new research and development initiative that aims to cut the cost of offshore wind power by demonstrating and testing new technologies.
Rates for OSVs in the US remain underwater but utilisation levels are starting to rise and a “rational” approach to stacking and drydocking by owners could see pricing power start to return.