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Damen Song Cam Shipyard in Vietnam is gearing up to begin rapid series production of Damen’s Fast Crew Supplier 2710. This is to meet the projected rapid growth in demand for wind farm support vessels due to the expansion in offshore wind development across South-East Asia that is already underway. Damen Song Cam Shipyard (DSCS) is well… Read More
ArcLight Capital Partners, LLC announced today its portfolio company, Sequitur Renewables, LLC, has acquired an operating windfarm in the Altamont Pass region of California. Sequitur was established by ArcLight in 2022 with the acquisition of operating wind farms in Pennsylvania and West Virginia. Sequitur is focused on acquiring mature operational wind farms and executing value-add operational, commercial and financial strategies. “Sequitur… Read More
Vineyard Wind, the first wind farm to begin construction in U.S. federal waters, is beginning a trial of bubble curtain technology to reduce the subsea noise impact of pile-driving during installation of wind turbine foundations. With $5 million in funding from Vineyard Wind’s own Industry Accelerator Fund, run by the Massachusetts Clean Energy Center, survey… Read More
The Bureau of Ocean Energy Management (BOEM) has announced the availability of the draft Environmental Impact Statement (EIS) for two wind energy projects offshore New Jersey. If approved, the two projects could generate about 2,800 megawatts (MW) of electricity, enough to power almost 1 million homes. Availability of the draft EIS sets the stage for… Read More
Upgraded and tailor made VARD 4 19 design UK based offshore wind services provider Purus Wind has committed to contribute to the next generation battery hybrid service, operation, and transfer vessels to the sector. The order of the two CSOVs is part of Purus Wind’s continued commitment to meet the needs of the clean energy… Read More
With demand continuing to grow for vessels to support the offshore wind industry and analysts projecting a need for more vessels, the UK’s North Star has entered into an additional building contract with Fincantieri’s Vard Shipyard headquartered in Norway. The contract is for two uniquely designed methanol-ready Commissioning Service Operation Vessels (CSOVs) with an option… Read More
ABS and KSOE have announced a new study on the possibility of installing a near-shore floating platform for wind-powered hydrogen production off the coast of South Korea. The project builds on the expertise that the two firms developed through the design and approval of a floating hydrogen production platform last year. Working together with specialty… Read More
Italian supermajor Eni is said to be approaching a final investment decision on a controversial offshore gas project, the Verus (Evans Shoal) reservoir. If developed, Evans Shoal could Evans Shoal is located on the edge of Australia’s continental shelf, about 135 nautical miles to the northwest of Darwin in the Timor Sea. It was discovered… Read More
Offshore Wind Legislation Directs Revenues to Beach Nourishment and Coastal Protection | States impacted by offshore wind projects deserve a cut of the revenues derived from the sale of lease areas to offset impacts to the environment and local economies. The Save Limit Grow Act of 2023, HR.1, or the Debt Ceiling Bill, HR. 2811,… Read More
The Port of Long Beach has revealed plans for a facility aimed at supporting California’s renewable energy objectives. The proposed Pier Wind facility is designed to accommodate the manufacturing and assembly of large scale offshore wind turbines, potentially playing a pivotal role in the state’s renewable energy future. The floating offshore wind facility is envisioned… Read More
Singapore-based Seatrium, formerly known as Sembcorp Marine, has secured a $377m contract to construct two offshore wind farm substations for Empire Offshore Wind, a joint venture between Equinor and BP. The contract will involve the engineering, procurement, construction, offshore hook-up, and commissioning of two Offshore Substation Platforms for Empire Wind 1 and 2 Offshore Wind… Read More
The Haugesund, Norway-headquartered group will use subsea support vessel Deep Cygnus for the project, which commenced early May 2023. Reach Subsea has this 2009-built multipurpose vessel on charter for another three years. This new contract means Deep Cygnus has significant contract coverage for the 2023 season, after which it will go into drydock for maintenance and battery installation Q4… Read More
Offshore wind may be attracting all the media attention, but offshore oil and gas is entering a major boom cycle. The offshore oil industry can look forward to $100 billion a year in capex commitments through 2024 – twice the expected investment in offshore renewables – and offshore activity will outpace onshore oil projects by… Read More
While there has been a lot of attention on the emerging offshore wind sector, a new market analysis from the American Clear Power Association (ACP) illustrates how far behind the United States is in comparison to not only global economies but small countries including Vietnam and Taiwan. The trade group for the clean power industry… Read More
Global Market Vision added research publication document on Worldwide Off Shore Wind Power Installation Service Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Off Shore Wind Power Installation Service market. The… Read More