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Offshore drilling contractor Seadrill Limited (NYSE & OSE: SDRL) has been awarded fixed-term contracts by Petrobras for its drillships, West Auriga and West Polaris. The contracts, which were obtained through a competitive bidding process, have a duration of 1,064 days and are expected to commence in the fourth quarter of 2024. The total contract value for both rigs… Read More
Big floating offshore wind turbines will soon become a reality along the West Coast. As companies prepare to build them, a new study from the Schatz Energy Research Center at Cal Poly Humboldt is exploring how to get that power where it needs to go. JPR’s Roman Battaglia talks to center Director Arne Jacobson about the study…. Read More
While New York has secured eight offshore wind contracts for development, energy experts say not enough investment is being made in the port infrastructure needed to assemble the turbines and deploy them out to sea. New York has big plans to generate power from non-polluting renewable energy, produced by giant windmills floating in the Atlantic… Read More
Ørsted has taken final investment decision (FID) on the world’s single largest offshore wind farm, Hornsea 3, which will have a capacity of 2.9 GW and is expected to be completed around the end of 2027. Hornsea 3 will be Ørsted’s third gigawatt-scale project in the Hornsea zone following Hornsea 1 (1.2 GW) and Hornsea… Read More
Following the announcement about their collaboration, Ecowende is pleased to confirm that Van Oord has been contracted for the construction of the offshore wind farm Hollandse Kust (west) lot VI. Ecowende, a joint venture of Shell and Eneco, is determined to contribute to a sustainable future for offshore wind that positively contributes to the North… Read More
Van Oord has successfully completed the installation of all 50 foundations and inter-array cables for Iberdrola’s Baltic Eagle offshore wind farm. Earlier this year, heavy-lift installation vessel Svanen installed the monopiles. The wind turbine foundations were completed by Van Oord with the installation of the transition pieces. Van Oord performed the installation in two campaigns… Read More
US Wind Inc. announced Dec. 29 that it has formally presented to the Delaware-based Association of Coastal Towns a package of proposed community benefits. The ACT communities of Henlopen Acres, Rehoboth Beach, Dewey Beach, Bethany Beach and South Bethany have begun to evaluate the offer and will proceed with discussions through their respective public meeting processes…. Read More
Shareholders accepted the proposed merger between Cadeler and Eneti which will create the largest owner-operator of wind turbine installation vessels. Settlement of the share exchange is expected to begin momentarily as regulators have accepted the registration of the new shares. Cadeler reported late today that it expects to receive final approval tomorrow, and the new… Read More
Supporting the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030 and 15 GW of floating offshore wind energy capacity by 2035, the Bureau of Ocean Energy Management (BOEM) today announced it will conduct a regional environmental review of potential development activities on the five offshore wind lease areas… Read More
Johan Bergenas is senior vice president, oceans, at the World Wildlife Fund. The UN climate summit in Dubai was a win for offshore wind as world leaders agreed to triple renewable energy capacity by 2030 in order slash carbon pollution. This development comes as a relief for an industry that experienced serious setbacks this fall,… Read More
The US has slashed the number of oil and gas leases it plans to offer to the minimum needed to push its new offshore wind leases. Under the US Inflation Reduction Act (IRA), the Bureau of Ocean Energy Management (BOEM) can only issue a lease for offshore wind development after offering at least 60m acres… Read More
“In a shipyard near the southern tip of Texas, more than 1,000 workers are rushing to finish a massive vessel that embodies the promise and peril of America’s offshore wind-energy dreams. Named after a mythical sea monster, the Charybdis will be the first vessel allowed to pick up turbine parts from U.S. ports, haul them… Read More
By: Maritsa Georgiou The future of energy in America may be blowing in the wind. Wind power currently provides only about 10% of the country’s electricity, mostly from the 70,000 land-based turbines in the U.S. But 35 miles off the coast of Montauk Point, New York, South Fork Wind could represent the next frontier of energy. “It’s… Read More
Kjell Inge Røkke-controlled Aker Capital has upped its stake in Solstad Offshore, acquiring a further 8.24m shares in the Norwegian outfit at an average price of NOK48.45 ($4.62) per share. Following the transaction, Aker Capital now holds approximately 32.9 % of the shares and votes in the company. Solstad Offshore struck a refinancing deal for… Read More
OEG Energy Group Limited (“OEG”, the “Group”), a leading offshore solutions business, is pleased to announce that it has signed a Sale and Purchase Agreement (“SPA”) to acquire Bluestream Offshore B.V (“Bluestream”) a specialist in subsea and topside services based in The Netherlands for an undisclosed consideration. Bluestream, headquartered in Den Helder in The Netherlands is an… Read More