ESAB Launches Rogue ET 230iP AC/DC Welder
ESAB has introduced the Rogue ET 230iP AC/DC TIG/Stick welder. The Rogue combines AC/DC TIG welding capabilities with controls that make it easier for welders of all skill levels to optimize arc performance and weld quality. Featuring ESAB’s 5-in. color TFT graphical interface, the Rogue gives operators precise control over heat input, penetration, puddle characteristics and bead appearance without the complexity typically associated with advanced TIG welding systems.
Houthi Missile Strikes Saudi Oil Refinery
Yemen's Iran-aligned Houthis said on Tuesday they had hit Saudi Arabia's Ras Tanura oil refinery, the biggest in the kingdom, with a ballistic missile.The Houthis also said they had attacked Saudi military aircraft and repelled an advance by Saudi-backed forces near the Bab el-Mandeb Strait, an important Red Sea shipping route.Intensifying hostilities between Yemen and Saudi Arabia have further disrupted oil supplies and heightened the risk of a wider regional conflict…
Türkiye Pushes For Further Hydrocarbon Exploration by Year’s End
Turkey may reach agreements to make acquisitions or further explore for hydrocarbons by the end of the year as part of its target to produce 1 million barrels of oil and natural gas a day, Energy Minister Alparslan Bayraktar said on Tuesday.Speaking at the Turkey Energy Summit in Istanbul, Bayraktar said Turkey had a production capacity of 300,000 barrels of oil equivalent, adding that the current planning had this reaching 550…
Oil Prices Fall Amidst Middle East Peace Talks
Oil futures fell on Tuesday as attention turned to Middle East peace talks, though prices remain near multi-month highs as the Houthi-Saudi Arabia conflict rages and the potential for fresh US-Israeli attacks hangs over the market.Brent crude futures were down $1.00, or 0.86%, at $114.81 a barrel by 1311 GMT. US West Texas Intermediate crude was down 78 cents, or 0.77%, at $100.98.Iranian Security…
Gulf Markets Rise in Wake of Saudi Defense Pact
Most Gulf bourses ended higher on Tuesday as diplomatic efforts to de-escalate the Middle East conflict gathered pace, a day after Saudi, Turkish and Pakistani officials held talks in Tehran. It was the first high-level contact between Iran and the three allies, who signed a mutual defence pact in August, since the US-Israeli strikes on Iran triggered a war that spread to Saudi Arabia and Yemen. Saudi Arabia's benchmark index advanced 2.3%…
Hanwha General Insurance, CYTUR to Explore Maritime Cyber Insurance Initiatives
Hanwha General Insurance Co., Ltd. signed a memorandum of understanding (MOU) with CYTUR Inc., a company specializing in maritime and vessel cybersecurity, on October 23 to jointly pursue maritime cyber insurance business initiatives. The agreement aims to provide an integrated service combining maritime cyber insurance capabilities with vessel cybersecurity technologies and to actively develop South Korea's maritime cyber insurance market.As cyber threats targeting maritime supply chains…
Seatrium, Karpowership Link Up on Floating Power and Digital Infrastructure
Seatrium announced that it has entered into a Memorandum of Understanding (MoU) with global floating power solutions specialist Karpowership to pursue a joint venture to develop floating power and infrastructure solutions in Singapore, with the potential to extend cooperation to the wider Southeast Asia market.The two companies will create an integrated platform combining infrastructure development, financing, engineering, construction and operations.
Alireza Mirzajani Earns Professional Engineer Accreditation
Robert Allan Ltd. announced that Mr. Alireza Mirzajani has earned his accreditation as a Professional Engineer with Engineers and Geoscientists British Columbia (EGBC).Alireza is a valued member of the Naval Architecture and Advanced Structural Analysis team at Robert Allan Ltd. and has been working with the company since 2021. He has been involved in all aspects of structural design and finite element…
ANYbotics Delivers Explosion-Protected Inspection Robots for Offshore Energy
Swiss robotics company ANYbotics has begun customer deliveries of ANYmal X, a four-legged autonomous inspection robot designed to operate in potentially explosive environments, opening new opportunities for robotic inspection across offshore oil and gas installations and industrial processing facilities.Initial customers include Equinor and DSM-Firmenich, following an extensive testing program involving BP, Shell, PETRONAS, Petrobras, BASF and SLB.
Norway Grants Funding to Advance Nuclear Propulsion for Ships
The Research Council of Norway has awarded $2 million (NOK 20 million) in initial funding to the Emerald Nuclear Norway-led Marine Nuclear Propulsion System (MarNuPS) project, which aims to develop and test an integrated nuclear propulsion system for offshore vessels, with first deployment targeted for 2031-32.The project brings together Emerald Nuclear Norway, VARD Group, Vard Electro, Island Offshore…
ABS Verifies HD KSOE, HHI Breakerless Marine Power System Concept
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HHI) have secured concept verification from the American Bureau of Shipping (ABS) for a breakerless medium-voltage direct current (MVDC) power system designed to improve energy efficiency and support electrification of large commercial vessels.The system, designed for vessels requiring around 30 MW of power, aims…
Japanese Giants Join Forces on Four Ammonia-Fueled Car Carriers
Seven Japanese companies have agreed to develop an integrated ammonia fuel supply chain and build four ammonia-fueled car carriers, establishing a commercial bunkering operation in Japan's Chubu region to support the vessels when they enter service in 2030.The agreement brings together shipowners NYK Line and Kawasaki Kisen Kaisha (“K” LINE), shipbuilders Imabari Shipbuilding, Shin Kurushima Dockyard…
Seaway7 Wraps Up Cable Installation at 1.4GW Offshore Wind Farm
Seaway7, part of Subsea7 Group, has completed the final inner-array cable lay at the 1.4 GW East Anglia THREE offshore wind farm, developed by ScottishPower Renewables and Masdar, marking another milestone in the project's offshore construction.The campaign involved the installation of 95 inner-array cables, with more than 240 kilometers of cable loaded, laid and pulled into the foundations, Seaway7…
Siem Orders Two Subsea Construction Vessels from China
Siem Industries has ordered two offshore subsea construction vessels (OSCVs) from Fujian Mawei Shipbuilding in China, with deliveries scheduled for 2029 and 2030.Each vessel will be equipped with a 400-tonne active heave compensated (AHC) subsea crane and an additional 50-tonne AHC subsea crane to support subsea construction and offshore support operations.The vessels will measure approximately 145 meters in length and 27 meters in beam…
Fugro Secures UXO Survey and Clearance Work for German Offshore Grid Links
Fugro has secured a contract from 50Hertz to carry out unexploded ordnance (UXO) survey, identification and clearance work for the LanWin3 and LanWin6 offshore grid connection projects in the German sector of the North Sea.The work will help prepare cable routes for the installation of high-voltage direct current (HVDC) cables connecting offshore wind farms to Germany's electricity network.The two grid connections will each have a transmission capacity of up to 2 GW…