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Sajan Karolkuni, Project Manager of the pioneering Damen Multi Buster 8020, a multi purpose offshore vessel, is in no doubt that this project is a highlight in his 15-year career with Damen Shipyards. As well as being a prototype, the Damen Multi Buster 8020 is the first time that Albwardy Damen, based in Sharjah in the UAE,… Read More
Thistle Wind Partners (TWP), a partnership between DEME Concessions, Qair and Aspiravi is pleased to confirm it has now successfully secured the rights to develop two projects under the Scotwind leasing round after finalising the Option to Lease Agreements with Crown Estate Scotland. The two projects, Cluaran Deas Ear being a 1 GW fixed foundation… Read More
Ørsted and TotalEnergies have joined forces to jointly submit bids for the two Dutch offshore wind tenders “Holland Coast West” with the aim to achieve net positive impact on biodiversity and the Dutch energy system. The Holland Coast West wind farms are located approximately 53 km off the Dutch coast and have a combined capacity… Read More
Ocean energy pioneer Sustainable Marine today announced it has successfully harnessed the enormous tidal currents in Canada’s Bay of Fundy, delivering the first floating in-stream tidal power to Nova Scotia’s grid. Sustainable Marine CEO Jason Hayman said it marks a significant milestone both for the company and Canada’s broader marine energy ambitions. It demonstrates that… Read More
The Department of the Interior today announced results from its wind energy auction in the Carolina Long Bay area, the second major offshore wind lease sale this year and a significant milestone towards achieving the Biden-Harris administration’s goal of deploying 30 gigawatts of offshore wind energy capacity by 2030. “The Biden-Harris administration is moving forward… Read More
PD Ports has struck a long term deal with offshore engineering firm Seajacks to make Teesport the permanent UK base for its vessels. The agreement will mean Seajacks – which operates three “jack up” vessels design specifically for harsh North Sea conditions – will use Cargo Fleet Wharf at Teesport Commerce Park to berth three… Read More
NEW YORK–(BUSINESS WIRE)–Empire Offshore Wind, a joint venture between Equinor and bp, has awarded a long-term service operations vessel charter agreement to US marine transportation provider, Edison Chouest Offshore (ECO). The plug-in hybrid service operations vessel (SOV) will be the first in the US offshore wind sector capable of sailing partly on battery power. The… Read More
HOUSTON–(BUSINESS WIRE)– Tidewater Inc. (NYSE:TDW) announced today revenue for the three months ended March 31, 2022 of $105.7 million compared with $83.5 million for the three months ended March 31, 2021. Tidewater’s net losses for the three months ended March 31, 2022, were $12.2 million ($0.29 per common share) compared with $35.3 million ($0.87 per… Read More
Tidewater Inc. announced yesterday that revenue for the three months ended March 31, 2022, was $105.7 million, compared with $83.5 million for the three months ended March 31, 2021. Tidewater’s net losses for the three months ended March 31, 2022, were $12.2 million (29 cents per common share) compared with $35.3 million (87 cents per common share)… Read More
Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries[i] signed agreements for the utilisation of two KFELS B Class rigs to be deployed in Saudi Arabia. These bareboat contracts are expected to generate revenue of about S$135 million for Keppel O&M including modification works to prepare them for deployment.The two rigs will be… Read More
ESVAGT has chosen HAV Design to develop an offshore wind service operation vessel (SOV) that will service renewable giant Ørsted’s UK East Regional programme. HAV Design will deliver both the ship design and an integrated equipment package including propulsion system, engines, propellers and positioning system. The total contract value is approximately NOK 200 million. “ESVAGT… Read More
Wind developers are awarding contracts as they prepare to move into the offshore construction of wind farms and then to provide ongoing support and maintenance. Both U.S. companies and international leaders in the offshore sector are benefitting from these contracts for the first large U.S. offshore wind farms. Dutch marine contractor Heerema was selected as… Read More
The Biden administration has committed to create 30GW of electricity via US offshore wind by 2030, the US Department of Interior is expecting to offer up to seven additional offshore wind lease sales in federal waters by 2035 and the Bureau of Ocean Energy Management (BOEM) has been actively pursuing these policy ambitions – for… Read More
China National Offshore Oil Company (CNOOC) has awarded 16 billion yuan ($2.42 billion) worth of contracts to build 12 liquefied natural gas tankers, the largest of their kind in the country, the company said on Thursday. China is the world’s largest buyer of the super-chilled gas, while CNOOC is the country’s largest importer of the… Read More
The US Bureau of Ocean Energy Management (BOEM) last week announced it has completed its environmental review of potential impacts from offshore wind energy leasing activities in the Humboldt Wind Energy Area (WEA), located 20 miles offshore northern California. Based on its analysis, BOEM has issued a finding of no significant impact. BOEM’s environmental assessment… Read More