Quick Connect: OAL Subsea Pipeline Completed
, mechanically completed in January 2024, includes a 50 km, 1.2m diameter offshore pipeline, two landfalls through micro tunnels and connections to two Floating Storage and Regasification Units (FSRUs).Project Highlights:Multi-party Contracting: Contract strategy moved away from the conventional 'EPC' (Engineering, Procurement, and Construction) frameworks, instead assigning StreamTec as PMC with direct oversight and coordination of more than 60 contractors. This approach enabled an early utilisation of the resources for the engineering and construction phases.Parallel activities: StreamTec
Southeast Asia’s 1MW Tidal Energy Plant to Feature HydroWing Tech
Energies PH, through its affiliate San Bernardino Ocean Power Corporation, has awarded an engineering, procurement, and construction (EPC) contract to Inyanga Marine Energy Group to build tidal energy plant in Southeast Asia, which will feature HydroWing technology.The location of the plant will be at the remote Capul Island of Northern Samar in the Philippines, along the San Bernardino Strait, a passage well-known for the strength of its marine currents.San Bernardino Ocean Power Corporation awarded an EPC contract to Inyanga following a tender launched in January 2023.The 1MW project, which is
Floating Solar Market Set to Surpass 6 GW by 2031, Says Wood Mackenzie
500 megawatts (MW) of cumulative FPV installations by 2031, with Indonesia, India and China making up almost 70% of the total FPV demand in 2022.“Despite development costs of FPVs ranging between 20-50% higher than comparable ground-mount projects, increased competitiveness in the developer and EPC landscape is helping to drive down costs in the sector,” Yu added.Credit: Wood MackenzieThe Asia-Pacific region continues to lead the demand for floating solarThe Asia-Pacific market had approximately 3GW of floating solar projects in 2022, capturing over 90% of floating solar demand that year
New Contracts for Tekmar's Pipeshield, Subsea Innovation
Offshore services firm Tekmar Group said Tuesday that its group companies Pipeshield International Limited and Subsea Innovation Limited had secured several significant contracts.According to Tekmar, Pipeshield International Limited has won multiple contracts from an offshore EPC contractor to provide pipeline support and protection materials for major subsea construction projects in the Middle East. The combined value of the projects is over £8 million ($9,74 million), with delivery expected in the first half of 2023. The contracts include the design, manufacturing, and supply of
James Fisher and NMDC Ink Deal to Partner on Marine and Subsea Projects
value for customers at a scale and breadth that we could not do alone.”Yasser Zaghloul, Chief Executive Officer, The NMDC Group, said, “NMDC is focused on strengthening global partnerships as part of our strategic vision and to build on our credentials as a global energy and marine dredging EPC major. Over the past months, we have built our geographic footprint considerably. The partnership with James Fisher will drive collaboration in the oil and gas sector, including decommissioning, as well as the offshore wind and nearshore civils markets. We will share, in particular, our collective
Bombora Making Progress with 'World’s Most Powerful' Wave Energy Converter
said. “It will play a crucial role proving both the reliability and competitiveness of our novel mWave technology. Importantly, it will also deliver key optimization data to inform Bombora’s other world-leading initiatives, including the InSPIRE Project, which is under development with global EPC contractor, TechnipFMC. This project aims to unlock the enormous potential of hybrid floating wind and wave arrays, which could play a significant role in the future energy transition - delivering a more consistent and stable clean energy supply by combining complementary power profiles.”InSPIRE
Prysmian Group Wins MidEast Submarine Cable Contract
Prysmian Group entered into a Limited Notice to Proceed (LNTP) for the supply of power cables in the context of a landmark HVDC submarine cable project in the Middle East, worth around $252m. The LNTP was awarded to Prysmian by Samsung C&T as part of its EPC consortium with Jan De Nul Group. The new link, part of the strategic HVDC transmission system for the Abu Dhabi National Oil Company (ADNOC) Abu Dhabi National Energy Company PJSC (TAQA) Lightning Project, will allow bulk-power energy transmission between the converter station in Al Mirfa, in Abu Dhabi mainland, and that on the Al
Aker Solutions Confirms Major Subsea Compression Contract with Chevron
our customers. Our world-leading technology improves field recoverability while offering carbon emission efficiencies compared to traditional compression alternatives", said Kjetel Digre, chief executive officer of Aker Solutions. The scope covers engineering, procurement, and construction (EPC) of the all-electric subsea gas compression system. It also includes interface responsibility and assistance during installation and commissioning. Chevron Sanctions $4B Jansz-Io Compression Project Offshore AustraliaThe subsea gas compression system will include a compression station with three
Depro, VideoRay Team Up for Offshore Inspections
Depro AS and VideoRay LLC announced a new partnership to develop and field lighter and less expensive equipment for underwater operations, primarily in the oil and gas sector.Depro AS is an engineering, procurement, construction (EPC) supplier with expertise in building remotely operated tools used in underwater operations for offshore oil and gas production.VideoRay LLC is a provider of inspection-class remotely operated vehicles (ROVs). Its Mission Specialist Technology is a customizable and flexible platform that uses a system of interchangeable, modular components. The philosophy behind the
February 2024
