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McDermott International, Ltd today announced the first shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC, Inc. (MODEC).

Three international organizations specializing in technology research, testing, advisory services, and standardization have joined forces to find new ways to accelerate the adoption of carbon capture, utilization and storage (CCUS) technology in emissions-heavy industries.

MacGregor, part of Cargotec, has secured an order to provide cargo handling cranes for four 62,000 dwt general cargo ships to be built in Asia. The order is booked into Cargotec's third quarter 2020 order intake, with deliveries planned to commence during the third quarter of 2021 and completed during the first quarter of 2022.

Despite current industry challenges due to the COVID-19 pandemic, OceanTools, global leaders in subsea engineering, have seen an increase in demand for their products and engineering services, leading to the recent investment in £300,000 of CNC machinery. Since introduction of the new service offering, OceanTools have secured contracts of over £600,000 for the production of specialised subsea pressure housings supplied to Environmental and Oil & Gas clients.

Technology development company for the global energy sector, Deep Casing Tools (DCT), together with its regional partner for Asia Pac, EFTECH, has successfully ran 3 more of its Turborunner TM tools with Shell Sarawak, despite challenging conditions heightened by COVID-19.

Leading manufacturer of Thermoplastic Composite Pipe (TCP) Airborne Oil & Gas, has changed its name to Strohm on Thursday 8th, October 2020. The launch of the new brand comes as the organization confirms its commitment to the oil and gas sector’s energy transition and accelerates its strategic growth into the renewables market.

ABPmer recently supported a study by Offshore Wind Innovation Hub (OWIH) into potential operation and maintenance (O&M) costs for floating offshore wind. As part of their Industry Insight Series, the Hub’s new report ‘Floating wind: Cost modelling of major repair strategies’, looks at options for these repairs, estimated at 23% of annual O&M costs.

Ørsted, the world's leading offshore wind developer, and Yara, the world's leading fertilizer company, have joined forces in developing a pioneering project aiming at replacing fossil hydrogen with renewable hydrogen in the production of ammonia with the potential to abate more than 100,000 tonnes of CO2 per year, equivalent to taking 50,000 conventional cars off the road.

A new group has been set up to make sure Scotland’s energy supply chain companies benefit from new floating offshore wind projects in Scotland and the UK. The announcement this week from Prime Minister, Boris Johnston, that the UK now has a 1GW floating target by 2030 further cements the role of floating offshore wind in the UK’s drive to become the “Saudi Arabia of offshore wind power” and is tremendous news for the supply chain.

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