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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
California has set a floating offshore wind target of 3GW by 2030 as part of a raft of new goals for the west coast US state. The California Energy Commission believes that as well as the end-decade goal the state can deliver up to 15GW by 2045 and possibly 20GW by 2050. The targets are… Read More
DEME Offshore US has taken a major step forward in the further development of a US Jones Act compliant feeder solution for the upcoming offshore wind projects by entering into a long-term agreement with Barge Master. The two companies will work closely together to develop motion compensation technology which will be deployed in a pioneering… Read More
American Bureau of Shipping (ABS) has granted Approval in Principle (AIP) for a design for a wind turbine installation vessel (WTIV) for China Ocean Shipping Company Limited (COSCO) by Friede and Goldman (F&G). The design is suitable for all offshore wind markets and is capable of installing 15 MW and larger sized turbines. It can… Read More
Rotterdam, The Netherlands, 03 May 2022 – The consortium between Van Oord and Great Lakes Dredge & Dock (GLDD) has been selected by Empire Offshore Wind, a joint venture between Equinor and bp, as main contractors for subsea rock installation works related to the development of Empire Wind I & II. This offshore wind development,… Read More