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TGS ASA (“TGS”), a global provider of energy data and intelligence, announced today that it has acquired Prediktor AS (“Prediktor”), a leading provider of asset management and real-time data management solutions to renewable and energy asset owners. Established in 1995, the company has carried out thousands of installations on mission-critical industrial and energy assets on… Read More
Edda Wind welcomes Jan Lodden to the team in the newly established position as COO. Lodden has a background as Master Mariner of offshore service vessels, including building supervision. He has been with Eidesvik Offshore management for more than 20 years and comes from the position as COO. “Edda Wind is very pleased with securing… Read More
Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utility companies in the Europe, the Middle East and Africa region, today announced it has completed the safe and successful removal of the Brae Alpha West drilling rig (Rig 1) and the Brae Bravo upper main jacket in the Northern North Sea…. Read More
Siemens Gamesa will supply 15 units of its SG 5.0-145 turbine for South Korea’s third largest wind farm to developer SK D&D. Following its expected commissioning in 2024, the 75 MW Gunwi wind farm will generate enough electricity to power 64,000 local households, forming part of the country’s efforts to reduce reliance on fossil fuels… Read More
Eidesvik Offshore has appointed Helga Cotgrove as Chief Financial Officer (CFO). She will join the Company on 1 October 2022 at the latest. Cotgrove has more than 20 years of energy sector finance experience in various roles within M&A, strategy, tax, finance, accounting, and auditing. She comes from the position as CFO in Norsk Solar… Read More
Vestas has received a 266 MW order to power the Goodnight I wind project, owned by Omega Energia, in Texas, USA. The order consists of 59 V136-4.5 MW turbines, as well as a 30-year Active Output Management (AOM 5000) service agreement, designed to ensure optimised performance of the asset. “Vestas is thrilled to partner with… Read More
The Coast Guard reports that it has awarded a fixed-price incentive (firm target) contract to Austal USA, Mobile, Ala., to produce up to 11 Offshore Patrol Cutters (OPCs). The initial award is valued at $208.26 million and supports detail design and long lead-time material for the fifth OPC, with options for production of up to 11 OPCs in… Read More
On Friday, the White House released its long-awaited proposal for the next five-year offshore leasing program, and the contents appear to walk back President Joe Biden’s campaign pledge to halt further offshore oil and gas auctions. It has drawn criticism from both the energy industry and from environmental activists, as it proposes dueling options: no… Read More
Russian President Vladimir Putin has moved to nationalize the Sakhalin-2 offshore oil and gas project in Russia’s Far East, threatening the rights of Japanese and European investors. The decision also raises the risk that Sakhalin-2 might suspend its contractual shipments of LNG to Japan, where the government has criticized the Kremlin’s decision to invade Ukraine…. Read More
Last week, Representative Peter DeFazio (OR-04) and Oregon Sen. Wyden sent a bicameral letter to the Bureau of Ocean Energy Management (BOEM) about their significant concerns with the ongoing siting process for offshore wind facilities off the southern Oregon coast. BOEM has issued Call Areas for potential offshore wind leasing off Coos Bay and Brookings…. Read More
June 30 (Reuters) – The Biden administration on Thursday delayed the rollout of a proposed five-year offshore oil and gas development plan that had been promised by the end of the month, according to sources. Interior Department Secretary Deb Haaland in May had vowed to unveil the draft proposal ahead of the June 30 expiration… Read More
The Biden administration is expected to propose a five-year plan for new offshore oil and gas leases in federal waters by Thursday — and potentially as soon as today. The long-awaited plan comes as the administration tries to balance its ambitious climate agenda with combatting high gasoline prices that imperil Democrats’ chances in the midterm elections. It… Read More
Ørsted, the world-leading Danish energy company, and DSV, the global Danish transport and logistics company, will test long-distance drone transport of spare parts and tools in the Kattegat. Ørsted has the ambitious goal of becoming carbon-neutral by 2025 and is continually exploring new ways to ensure high wind farm availability and reduce carbon emissions from… Read More
Boskalis, with a presence in the US market spanning more than forty years, has recently opened a new office to support the rapidly developing US offshore wind market along the east coast. The office, located in Providence, Rhode Island, will serve as the Boskalis renewables hub from which multiple project teams will be supported. On… Read More
Offshore contractor Borr Drilling is selling three of the five new jack-up rigs the company has on order in its latest effort to refinance. It is the second refinancing Borr has undertaken in the past 18 months in response to the prolonged downturn in the offshore drilling sector and despite positive comments by the company… Read More