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
Incat Crowther is pleased to announce the award of a three-vessel order for WINDEA CTV LLC a US operator of offshore Crew Transfer Vessels (CTVs). Two of the CTVs will be built by St Johns Shipbuilding in Florida and one will be built by Gulf Craft in Louisiana. The WINDEA CTV fleet is owned and… Read More
HOUSTON, May 02, 2022 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today that Empire Offshore Wind, a joint venture between Equinor (NYSE: EQNR) and bp (NYSE: bp), have chosen Great Lakes in consortium with Van Oord… Read More
Pioneering installation and O&M technology receives £10 million grant for upcoming floating offshore wind demonstration project in Scotland. 24 January 2022 –– With a landmark investment in the future of wind turbine installation and servicing, the UK’s Department for Business, Energy, and Industrial Strategy (BEIS) has granted £10 million to Technology Partners SENSEWind, Glosten, and… Read More
Today, Ørsted’s Board of Directors approved the interim report for the first three months of 2022. Our operating profit (EBITDA) totalled DKK 9.4 billion, an increase of DKK 4.6 billion compared to Q1 2021. The gain from the 50 % farm-down of Borkum Riffgrund 3 amounted to DKK 1.6 billion. EBITDA excluding new partnerships amounted to… Read More
DEME is very proud to announce that the revolutionary offshore installation vessel ‘Orion’ officially joins its fleet today. This next-generation vessel brings a game-changing installation concept to the offshore energy market. DEME is honoured that Mrs Amélie Michel, spouse of Mr Charles Michel, President of the European Council, has agreed to be the godmother of this unique new… Read More