N-Sea Group has been awarded a contract by Gwynt y Môr OFTO for a preemptive repair to one of the four export cables to the Gwynt y Môr Wind Farm Project.
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Shell Offshore Inc. (Shell), a subsidiary of Shell plc, has announced the start of production at PowerNap, a subsea development in the U.S. Gulf of Mexico with an estimated peak production of 20,000 barrels of oil equivalent per day (boe/d). PowerNap is a tie-back to the Shell-operated Olympus production hub in the prolific Mars Corridor.
Strohm, the world's first and leading manufacturer of fully bonded, Thermoplastic Composite Pipe (TCP), has signed an agreement with PETRONAS technology commercialization arm, PETRONAS Technology Ventures Sdn Bhd (PTVSB,) to commercialize TCP in the industry and scale its utilization across PETRONAS facilities.
Empire Offshore Wind, a joint venture between Equinor and bp, has awarded a contract to Maersk Supply Service for charter of its newbuild wind installation vessel (WIV). This vessel, together with US constructed barges and tugs built and operated by Kirby Offshore Wind, will be used for the installation of the project’s Vestas V236-15MW turbines.
CorPower Ocean has partnered with subsea composite specialist Diab for the construction of its first commercial scale Wave Energy Converter (WEC).
Crondall Energy, the UK-headquartered offshore energy consultancy, has secured a £1m loan from the alternative lender BOOST&Co. The funding will enable the firm to maintain its global reach supporting operators and developers to transform the offshore energy industry and work towards the net zero future of energy.
Occidental has announced an agreement with an affiliate of SK Trading International, a subsidiary of SK Innovation Co. Ltd., for the first net-zero oil (1) created by combining crude oil together with environmental attributes generated from the sequestration of atmospheric carbon dioxide (CO2) captured via 1PointFive’s planned large-scale Direct Air Capture (DAC) facility and sequestered in Occidental’s enhanced oil recovery (EOR) reservoirs in the U.S. Permian Basin. SK Trading International expects to convert the net-zero oil into net-zero products.
The Business Network for Offshore Wind, a leading non-profit advocate for offshore wind power and supply chain growth, will host its ninth annual International Offshore Wind Partnering Forum (IPF) April 26-28 in Atlantic City, New Jersey.
Talos Energy Inc. has announced that Bayou Bend CCS LLC, Talos's venture with Carbonvert, Inc. (the "Venture"), executed definitive lease documentation with the Texas General Land Office ("GLO"), formalizing the previously announced carbon capture and sequestration ("CCS") site located offshore Jefferson County, Texas, near the Beaumont and Port Arthur, Texas industrial corridor.
Aquatec and LMS Announce Upcoming Collaboration to Combine Subsea Communications and Load Monitoring
Basingstoke-based subsea communications experts Aquatec Group and Aberdeen-based load monitoring pioneers Load Monitoring Systems (LMS) have announced the launch of a collaboration between the two development environments in a move designed to reduce the cost of subsea installation, maintenance, and decommissioning in the Offshore Wind and Oil & Gas industry.