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Singapore’s Marco Polo Marine wants to capitalize on the fast expanding Asia-Pacific offshore wind energy market after unveiling plans to build, own and operate a new commissioning service operation vessel (CSOV). The company announced that construction of the $60 million vessel is expected to be completed in the first quarter of 2024 and will be… Read More
Ampelmann mobilises first L-type in Abu Dhabi As one of the pioneers of Walk to Work (W2W), we are proud to announce that we have signed a contract with shipping company P&O to supply one of our L-type gangways t to a major player in the offshore industry in Abu Dhabi. This is an exciting moment for… Read More
Maersk Drilling has been awarded a contract with INEOS E&P A/S for the provisioning of the harsh-environment jack-up rig Maersk Resolve to drill two development wells at the Solsort field as well as performing well intervention work scopes on two wells within the Siri cluster. Both areas are located in the Danish North Sea. The… Read More
Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) announced today the successful financial closing of their $3.8 billion strategic project to power and significantly decarbonize ADNOC’s offshore production operations. Together with a consortium comprised of Korea Electric Power (KEPCO), Kyushu Electric Power Company (Kyuden) and Électricité de France (EDF)… Read More
Oregon’s South Coast residents will begin a dialogue on floating offshore wind energy development in a series of three community conversations throughout Coos County on September 28 and October 5. Residents are mobilizing to advocate for community priorities in the conversation about whether they will consider floating offshore wind energy project proposals in Coos Bay…. Read More
Agroundbreaking plan to create an offshore wind-powered hydrogen energy industry cluster in south Louisiana has been awarded $50 million from the Build Back Better Challenge, the U.S. Economic Development Administration announced earlier this month. H2theFuture, which will create a wind-powered hydrogen industry cluster in south Louisiana, won an EDA Build Back Better Challenge award. The project… Read More
The Biden administration accepted nearly $190 million Wednesday in bids from an offshore oil and gas lease sale that was held nearly a year ago but rejected by a federal judge. The Bureau of Ocean Energy Management’s action was required by the climate bill that was signed Aug. 16 — a disappointment to environmentalists who worry about the climate impacts of offshore… Read More
Damen Shipyards is developing a new class of vessel that will be capable of supporting the next big development in offshore wind; the roll out of large scale, floating offshore wind turbines (FOWT). Forecasts indicate that by 2050 over 200GW of new FOWT will be in operation, equating to around 13,500 units which together will… Read More
Marco Polo Marine Ltd. (SGX:5LY) (“Marco Polo Marine” or the “Company”, and together with its subsidiaries, “the Group”), a reputable regional integrated marine logistics company, announced that it will build, own and operate a new Commissioning Service Operation Vessel (CSOV) to meet the rising demand for support vessels required to service the booming offshore windfarm… Read More
McDermott International has been awarded a significant contract by TotalEnergies EP Angola Block 17/06 for engineering, procurement, supply, construction, installation, pre-commissioning and assistance to commissioning and start-up (EPSCI) on its Begonia Project. The Begonia field is located offshore Angola in water depth between 400 to 750 meters. The Begonia Project will collect hydrocarbons from a reservoir, via… Read More
Houston-headquartered Helix Energy Solutions Group, Inc. (NYSE: HLX) reports that it has entered into a two-year extension of its well intervention charter and services contracts with Petróleo Brasileiro S.A. (Petrobras) for the Siem Helix 2 well intervention vessel, offshore Brazil. The negotiated extension is scheduled to conclude in December 2024 and directly follows Helix’s current contracts with Petrobras…. Read More
The growing requirements for vessels to use shore power is especially challenging for smaller ports and shipyards which are not supported by the power grids with the available energy to handle especially large vessels which often require the power equivalent to 400 or 500 homes for their onboard operations. Meeting the challenge, a high-capacity hydrogen-based… Read More
The Biden administration has announced a new initiative to radically reduce the cost of floating offshore wind, a technology that will be key to developing the wind energy potential of the U.S. West Coast’s deep waters. The plan is part of the administration’s new goal to see 15 gigawatts worth of floating offshore wind capacity… Read More
“We cannot just wait for the technology to improve. We need to build experience and not just watch others do it first. If we are to remain in the driver’s seat, we must develop offshore wind on a large scale. It will be expensive at the start, but in the long term the costs will… Read More
The emergence of the offshore wind power industry is creating opportunities for all the sectors of the maritime industry but also faces execution challenges as it moves forward was the sentiment in a panel discussion hosted by the Coast Guard Foundation and the Maritime Association of the Port of NY and NJ. The panelists pointed… Read More