Renewables

Oceaneering International, Inc. Norwegian subsidiary, Oceaneering AS, has signed a Memorandum of Understanding (MoU) with Kontiki Winds AS (a Havfram AS company) to jointly pursue the application of floating offshore wind for remote microgrid renewable power generation to electrify offshore assets such as oil and gas production as well as other small scale power generation opportunities among island states currently producing electricity by fossil fuel.

PGS New Energy offers solutions to the ongoing energy transition by building on the subsurface and operational expertise of PGS’ employees and using the Company’s assets.

With dozens of offshore wind projects in the pipeline off U.S. shores, federal agencies, states, and grid operators must immediately begin collaborative planning to identify cost-effective transmission solutions to bring that power online, according to a Brattle Group report commissioned by ACP released on January 24.

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