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A cargo ship struck an offshore wind turbine at the 330-megawatt (MW) Gode Wind 1 wind farm in the German North Sea. The 55-turbine Gode 1 offshore wind farm, which is 45 km (28 miles) off the German coast, is owned by Danish wind giant Ørsted. The general cargo ship is called the Petra L, and… Read More
Van Oord’s heavy-lift installation vessel Svanen has installed the first of 50 monopiles for the Baltic Eagle offshore wind farm. In addition to the transport and installation of the wind turbine foundations, Van Oord is responsible for the supply, transport and installation of approximately 70 kilometres of inter-array cables. The Baltic Eagle offshore wind farm… Read More
Official signing of the contract between TenneT and four cooperation partners in Berlin to develop the North Sea as a hub for sustainable and independent European energy production Long-term framework agreements will secure resources needed to build grid connections for North Sea wind farms that will generate as much electricity as 28 large-scale power plants The high-tech… Read More
On April 18, 2023, Transocean Ltd. published its quarterly fleet status report. The purpose of this press release is to correct an error in the first sentence of the third paragraph. The press release stated that the incremental backlog associated with the fixtures identified in the second paragraph was approximately $645 million. The correct amount is $546 million. The corrected… Read More
Transocean Ltd. (NYSE: RIG) (“Transocean”) and Eneti Inc. (NYSE: NETI) (“Eneti”) announced today the execution of a non-binding memorandum of understanding through their respective subsidiary companies indicating their intention to form a joint venture company that will engage in offshore wind foundation installation activities. The joint venture would benefit from the best-in-class experience of both partners across their… Read More
Rhode Island-headquartered digital marine services AI startup company Attender is ramping up operations, following its latest successful round of investor funding. Attender CEO David Dolan, a former ship manager, has spent the last two years presenting the Attender AI vision to VCs and private equity firms with major breakthroughs coming in the last six to 12 months…. Read More
Cyan Renewables, a Singaporean company specialised in offshore wind farm vessels, will collaborate with Dutch engineering firm Ulstein to design new floating foundation installation vessels (FFIV). As Ulstein claimed, the new FFIVs are expected to lower emissions with “a hybrid power system consisting of dual-fuel engines, shore power, and a battery energy storage system”. The… Read More
Q1 2023 KEY FIGURES1 Revenue of EUR 1,404.5 million in the first quarter of 2023, up 8.9% year on year and up 8.5% organically Strong organic growth from Marine & Offshore +13.5%, Industry +12.5%, Certification +11.2%, Buildings & Infrastructure +9.0% and Agri-Food & Commodities +7.7% divisions, compared to the first quarter of 2022; lower Consumer… Read More
The North Sea Summit took place today in Ostend. The Summit was initiated by the Belgian government and brought around the table not only top European politicians but also 100 CEOs of various companies active in the Offshore Energy sector including DEME. The Ostend Summit underlines the ambition to make the North Sea the new… Read More
Jan De Nul Group in partnership with Hellenic Cables has been awarded by RWE the turnkey delivery of both the export cable as well as inter-array cable systems for the Thor Project. Marked as Denmark’s largest offshore wind farm, Thor will deliver renewable energy to approximately one million Danish households. The turnkey contract consists of… Read More
Last year, four countries decided to convert fossil fuels to renewable energy produced on the North Sea. Now, in 2023, five more countries are joining them. After a first edition in Esbjerg in Denmark last year, Belgium organised the second gathering of countries around the North Sea related to renewable energy. Besides the political part,… Read More
How long do you think it would take to overlook the worst offshore oil spill in history, one that lasted 87 days and during which 4 million barrels spewed into the Gulf of Mexico? Recent moves by the federal government point to the answer being 13 years. On April 20, two days before Earth Day,… Read More
Capping a week of climate-themed events, Gov. Wes Moore (D) traveled to Maryland’s biggest industrial development Friday to break ground on a new construction facility for the offshore wind energy industry and to sign three pieces of legislation designed to boost the state’s efforts to combat climate change. After touring the massive Tradepoint Atlantic development… Read More
In 2023, Offshore Support Vessels Market Size is projected to reach Multimillion USD by 2028, In comparison to 2023. Offshore Support Vessels MarketInsights 2023 With “Offshore Support Vessels market size was valued at USD 6977.58 million in 2022 and is expected to expand at a CAGR of 3.34% during the forecast period, reaching USD 8498.18 million by… Read More
Ørsted has signed a memorandum of understanding (MoU) with the infrastructure division of Acciona to explore options for floating offshore wind foundations. Acciona is a global engineering and construction firm focused on renewables and a leading designer of innovative floating wind foundation solutions. The collaboration will combine Ørsted’s world-leading expertise in offshore wind with Acciona’s… Read More