Marco Polo Marine Ltd. (SGX:5LY) (“Marco Polo Marine” or the “Company”, and together with its subsidiaries, “the Group”), a reputable regional integrated marine logistics company, announced that it will build, own and operate a new Commissioning Service Operation Vessel (CSOV) to meet the rising demand for support vessels required to service the booming offshore windfarm… Read More
McDermott International has been awarded a significant contract by TotalEnergies EP Angola Block 17/06 for engineering, procurement, supply, construction, installation, pre-commissioning and assistance to commissioning and start-up (EPSCI) on its Begonia Project. The Begonia field is located offshore Angola in water depth between 400 to 750 meters. The Begonia Project will collect hydrocarbons from a reservoir, via… Read More
Houston-headquartered Helix Energy Solutions Group, Inc. (NYSE: HLX) reports that it has entered into a two-year extension of its well intervention charter and services contracts with Petróleo Brasileiro S.A. (Petrobras) for the Siem Helix 2 well intervention vessel, offshore Brazil. The negotiated extension is scheduled to conclude in December 2024 and directly follows Helix’s current contracts with Petrobras…. Read More
The growing requirements for vessels to use shore power is especially challenging for smaller ports and shipyards which are not supported by the power grids with the available energy to handle especially large vessels which often require the power equivalent to 400 or 500 homes for their onboard operations. Meeting the challenge, a high-capacity hydrogen-based… Read More
The Biden administration has announced a new initiative to radically reduce the cost of floating offshore wind, a technology that will be key to developing the wind energy potential of the U.S. West Coast’s deep waters. The plan is part of the administration’s new goal to see 15 gigawatts worth of floating offshore wind capacity… Read More
“We cannot just wait for the technology to improve. We need to build experience and not just watch others do it first. If we are to remain in the driver’s seat, we must develop offshore wind on a large scale. It will be expensive at the start, but in the long term the costs will… Read More
The emergence of the offshore wind power industry is creating opportunities for all the sectors of the maritime industry but also faces execution challenges as it moves forward was the sentiment in a panel discussion hosted by the Coast Guard Foundation and the Maritime Association of the Port of NY and NJ. The panelists pointed… Read More
The Inflation Reduction Act has been widely described as the largest piece of climate legislation ever passed in the U.S. It contains “the most substantial federal investment in history to fight climate change,” wrote the Associated Press on the day President Joe Biden signed the bill. Biden himself called it “the biggest step forward on climate ever.”… Read More
The Department of the Interior has announced a new proposed rule to ensure offshore oil and gas operations on the Outer Continental Shelf are conducted with the utmost safety and oversight standards, according to Bureau of Safety and Environmental Enforcement’s release. This proposed rule from the Bureau of Safety and Environmental Enforcement (BSEE) builds on… Read More
A contract extension has been secured with Repsol Norge AS. The contract is in direct continuation of the current charter contract from 2021. The large PSV Energy Swan was in 2021 chartered for a firm period of 1 year + optional (total of 1 years options). Repsol Norge AS and GEOS agreed after expiration of… Read More
Significantly ahead of schedule, Jan De Nul’s Offshore Jack-Up Installation Vessel Vole au vent has successfully completed her mission on the Saint-Nazaire Wind Farm project in France. The Vole au vent transported and installed 80 sets of 6 MW Wind Turbine Generators (WTG) for the very first commercial wind farm in French waters. This wind… Read More
Van Oord has been selected as preferred contractor for the construction of the Baltic Power offshore wind farm, 23 kilometres north of the Polish coastline. Van Oord will transport and install more than 70 foundations, consisting of a monopile fitted with a transition piece. With a production capacity of up to 1,2 GW, the wind… Read More
DEME and Van Oord have been awarded a contract (1) from Allseas in support of the Darwin Pipeline Duplication Project, located offshore Northern Australia. The joint venture will be responsible for providing support for the shallow water pipeline installation scope in Northern Territory waters including trenching, pipe pull operations and rock placement works. DEME and… Read More
The day after a sweltering heatwave nearly knocked out California’s electrical grid, the chair of the California Energy Commission spoke in Pismo Beach about the energy challenges facing the state and the next steps for developing offshore wind farms near Morro Bay. “Yesterday was the all-time record for energy demand in the state of California… Read More
With the floating offshore wind industry poised for rapid growth, Maersk Supply Service is taking steps to capitalize on the opportunities and present a new offering to the market. Maersk Supply announced a new strategic partnership with Stiesdal Offshore to support and accelerate the development of the wind sector. The first commercial wind farms are… Read More