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Nearly two years after Keppel O&M announced plans to exit its core business in offshore oil rig construction and repairs and six months after an agreement to form a new company with Sembcorp, the planned merger has been restructured for Sembcorp Marine to directly acquire Keppel O&M. The deal, which is now valued at nearly… Read More
The Offshore Marine Services Association (OMSA) has made a remarkable discovery: a Dutch-flagged, Dutch-owned tug has crossed the Atlantic and performed at least one job on a U.S. offshore wind farm. The vessel’s presence appears to counter expectations that the Jones Act workboat sector would have exclusive access to tug-and-tow contracts for offshore wind projects on… Read More
Crowley signed an agreement with the Port of Humboldt Bay to exclusively negotiate to be the developer and operator of a terminal to serve as California’s first hub to serve offshore wind energy installations. Through Crowley’s Wind Services group, the company will enter into negotiations with the port to lease and serve as the port’s… Read More
The U.S. Bureau of Ocean Energy Management (BOEM), on October 21, 2022, published the Final Sale Notice (FSN) for the California lease areas available for commercial offshore wind energy development. The December 6 lease sale will be the first offshore wind lease sale on the West Coast and the first U.S. sale to support potential commercial-scale offshore… Read More
Dominion Energy Virginia and the Virginia Office of the Attorney General have filed a settlement agreement in Dominion Energy’s pending petition to the State Corporation Commission of Virginia (SCC). The petition had asked the SCC to reconsider the performance guarantee included in the final order approving the development of the 2.6 GW Coastal Virginia Offshore… Read More
The Nigeria National Petroleum Company (NNPL) Limited, Akwa Ibom government, and Solutions Hub Limited, have signed a deal to establish a fully integrated, deepwater logistics shore base in the state. NNPCL disclosed this in a series of tweets on Sunday. According to the tweet, Udom Emmanuel, Akwa Ibom governor, the leadership of NNPC, and Solution Hub Limited,… Read More
Crowley has signed an agreement with the Port of Humboldt Bay in Eureka, Calif., to exclusively negotiate to be the developer and operator of a terminal to serve as California’s first hub to serve offshore wind energy installations. Through Crowley’s Wind Services group, the company will enter into negotiations with the port to lease and serve as the… Read More
The climate change conference COP271 offers a unique opportunity to increase energy access and lay the foundations for decarbonisation across Africa, but wealthy nations must deliver on their climate finance pledges to unlock the continent’s potential, according to a new report. ‘Pathways for Africa’s Energy Future,’ a report from the technology group Wärtsilä, provides power system… Read More
A pioneering new partnership between WWF and Ørsted aims to advance offshore wind deployment that enhances ocean biodiversity, and drive a global shift towards addressing climate and biodiversity goals together. Climate change is accelerating biodiversity loss, as crucial ecosystems and wildlife are hit hard by the impacts of a warming world. The ocean already plays… Read More
Ørsted and Copenhagen Infrastructure Partners (CIP) have entered into a partnership to develop approx. 5.2 gigawatts of offshore wind in Denmark across four projects. The partnership can accelerate the green transformation greatly, create value in the offshore wind industry, strengthen value- and job creation, and create a Danish business and export stronghold within Power-to-X. Ørsted… Read More
US states raised their offshore wind targets by 58% to a record-setting 77.4GW in the third quarter of this year, led by California’s mammoth 25GW by 2045 goal set in August, the Business Network for Offshore Wind (BNOW) highlighted in its sector report released on Thursday. The trade group’s Q3 Offshore Wind Market Report noted that nearly… Read More
Oslo, 20 October 2022. DNV and partners confirm the completion of Phase 1 of a joint industry project (JIP) on Bottom Impact and Partially Submerged Conditions which has resulted in a new framework for optimising the installation process of offshore wind turbines. New partners are encouraged to join Phase 2, which will focus on validating models and establishing common… Read More
DEME Offshore has been awarded the export cable contract for Vattenfall’s Norfolk Boreas Wind Farm in a consortium with LS Cable & System. The consortium is also selected as the preferred bidder for the remaining projects in Vattenfall’s Norfolk Zone. The contract includes the design, engineering, procurement, manufacturing and testing of around 360 km of High Voltage… Read More
Ørsted closed a transaction with Energy Capital Partners (ECP), a leading energy transition-focused investor, to divest a 50 % ownership stake in a portfolio consisting of three onshore wind farms and one solar farm in the US. The value of the transaction is approx. USD 410 million. The portfolio, comprised of the onshore wind farms… Read More
The Offshore Patrol Vessel P 627 of the Navy, which commeced her home-bound journey from Seattle, United States, on 03 Sept., called at the Port of Changi, in Singapore, on 22 Oct. Sri Lankan High Commissioner in Singapore, Sashikala Premawardhane, was also present on this occasion to welcome the ship. After having called at the… Read More