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Olympic contracts two firm Construction Service Operation Vessels (CSOVs) and two options at Ulstein Verft. The vessels have hybrid battery propulsion and are prepared for methanol fuel to enable zero emissions. They are based on the ULSTEIN SX222 design with TWIN X-STERN from Ulstein Design & Solutions AS. Les på norsk Norway-based Olympic has a fleet that… Read More
The Bureau of Ocean Energy Management (BOEM) will conduct a regional environmental review of the six New York Bight offshore lease areas offshore New York and New Jersey. Leases for these six areas were awarded through BOEM’s February 2022 auction that brought in over $4.3 billion, a record for any U.S. offshore renewable or conventional energy lease… Read More
We are 132 days into Vladimir Putin’s brutal and increasingly bloody war in Ukraine. The conflict has turned old energy norms on their head, especially in Europe, as nations frantically search for ways to quickly wean themselves off Putin’s dirty and politically untouchable gas. The oil and gas lobby has been quick to argue that… Read More
RHODE ISLAND — Gov. Dan McKee on Wednesday signed a bill into law requiring Rhode Island to expand its off shore wind energy usage. The new law requires a market-competitive procurement for between 600 and 1,000 mega-watts of newly-developed offshore wind capacity. The state’s primary utility company, Rhode Island Energy, must issue the procurement no… Read More
Solstad Offshore ASA says that the PSV Normand Swan has been awarded a term contract in Australia from a major energy company for a period of 2 years firm. Additional options are also available to the client following the firm period. Commencement of the contract is scheduled during September 2022 Source
By Jonathan Hawes Development of floating offshore wind sites in the U.S. has just begun, but industry pros say that current and planned development bodes well. The number of planned floating offshore wind projects skyrocketed in 2020, according to the Department of Energy. At least 25 GW should be installed by 2026. Cusp of a Boom… Read More
Rhode Island Gov. Dan McKee has signed into law legislation that seeks to expand the state’s offshore wind energy resources. The new law requires a market-competitive procurement for between 600 and 1,000 MW of newly-developed offshore wind capacity. Rhode Island’s primary utility company, Rhode Island Energy, is required to issue the procurement no later than Oct…. Read More
Hexicon AB’s novel twin-turbine floating offshore wind system has secured the UK’s first ever Contracts for Difference financial support package for a floating wind farm. The CfD award will support Hexicon’s future TwinHub project in the Celtic Sea, a demonstration-scale 32 megawatt installation which will test out the potential of the company’s two-turbine-per-platform technology. The… Read More
The UK government today said its fourth Contracts for Difference (CfD) auction round has secured nearly 11 GW of clean energy, including almost 7 GW of offshore wind. This is the largest tender so far, with the latest awards representing double the capacity achieved in the previous round. A total of 93 projects with planning… Read More
Work has officially begun on building a £400m offshore wind turbine factory on the site of a former steelworks. Korean firm SeAH wind wants to build up to 150 turbine bases a year at its new Teesworks site creating 750 new jobs. Tees Valley mayor Ben Houchen said the old Redcar steelworks site was “filling up”… Read More
NEW YORK–(BUSINESS WIRE)–New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) and Apollo (NYSE: APO) today announced that they have entered into a definitive Equity Purchase and Contribution Agreement (the “Purchase and Contribution Agreement”) to sell 11 LNG infrastructure vessels owned by NFE to a newly formed joint venture (the “JV” or the “Platform”) between funds managed… Read More
Port of Tallinn and Sunly have signed a Memorandum of Understanding with the goal of realizing offshore wind energy in the Baltic States and creating maximum local knowledge and business opportunities during the development, installation as well as operation and maintenance of Sunly’s offshore wind farms. Sunly is developing offshore projects at West of Saaremaa… Read More
The International Marine Contractors Association (IMCA) has appointed Dustin Varnell to its Business Development team. Based in Rhode Island, Dustin will focus on the U.S. offshore wind energy market, complementing the work of Bruce Gresham, IMCA’s Director of Client Engagement in the U.S. Allen Leatt, IMCA CEO stated: “As a Master Mariner on dynamic positioned… Read More
The UK Department for Business, Energy and Industrial Strategy (BEIS) has awarded Ørsted a contract for difference for its Hornsea 3 offshore wind farm. The project was awarded at an inflation-indexed strike price of GBP 37.35 per MWh in 2012 prices. With a capacity of 2,852 MW, Hornsea 3 will produce enough low-cost, clean, renewable… Read More
Plans to generate electricity through floating wind farms off the south Wales coast could create thousands of new jobs, according to the Crown Estate. The property business owned by the monarch but run independently said the new industry could create about 29,000 jobs, including 10,000 in Wales. It is leasing the space to generate enough… Read More