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UK underwater market hits £9.4 billion: Project delays place offshore energy supply chain at risk

Global Underwater Hub (GUH), the trade and development body representing the UK’s multibillion-dollar subsea sector, has undertaken a new study for the nation’s underwater sectors, which emphasizes that frequent delays to offshore energy and infrastructure projects threaten the viability of Great Britain’s supply chain. The post UK underwater market hits £9.4 billion: Project delays place offshore energy supply chain at risk appeared first on Offshore Energy.

Damen in charge of forging subsea crane-endowed multi-purpose vessel with five more on the cards

Damen Shipyards Group, a Dutch shipbuilding giant, has been tasked with bringing to life a new multi-purpose accommodation support vessel (MP-ASV) for Windcat, a part of CMB.TECH, said to be one of the world’s largest listed, diversified, and future-proof maritime groups, with a fleet of about 250 vessels. An option to build five additional ships of this type is also on the Dutch shipbuilder’s table. The post Damen in charge of forging subsea crane-endowed multi-purpose vessel with five more on the cards appeared first on Offshore Energy.

McDermott crosses the finish line for subsea gig at Shell’s gas project

U.S. offshore engineering and construction player McDermott has put the finishing touches on an assignment, encompassing multiple natural gas fields, which Sarawak Shell, a subsidiary of the UK-headquartered energy giant Shell, operates off the coast of Malaysia. The post McDermott crosses the finish line for subsea gig at Shell’s gas project appeared first on Offshore Energy.

Neom’s Oxagon signs land lease with AHG for $160m industrial gases plant | Gases

Neom’s industrial city Oxagon has signed a land lease with Saudi industrial gas provider Abdullah Hashim Industrial Gases and Equipment (AHG) to develop an industrial gas production and distribution facility. The SAR 600 million ($160m) plant will produce green oxygen, nitrogen, argon, and hydrogen. AHG plans to develop the site in multiple phases, with construction scheduled to start in February. AHG will begin by building the essential industrial gases infrastructure, offices, warehousing, and distribution capabilities and hopes to get this element operational in late 2026. Work on the plant’s later phases will begin in 2028. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles! Want to keep reading? Please register for free and create a profile to… Read More »Neom’s Oxagon signs land lease with AHG for $160m industrial gases plant | Gases

BP tasks Seatrium with FPU job in Gulf of America

UK-headquartered energy giant BP has entrusted Seatrium, a Singapore-headquartered provider of offshore, marine, and energy solutions, with an assignment related to a newbuild floating production unit (FPU), destined for deployment at a deepwater oil project in the Gulf of America (the U.S. Gulf of Mexico). The post BP tasks Seatrium with FPU job in Gulf of America appeared first on Offshore Energy.