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The global Offshore Wind Installation Vessel market research study goes into great detail about the major market drivers, roadblocks, and overall market structure. The market research is also based on an ongoing Offshore Wind Installation Vessel detailed study investigation. As a result, primary research may encompass the construction of databases on regional and global markets, as well… Read More
On Monday, October 17, 2022, Eastern Shipbuilding Group, Inc. (ESG) commenced construction of United States Coast Guard Cutter (USCGC) RUSH (WMSM-918) – Hull 4 of the Heritage Class Offshore Patrol Cutter (OPC) program. The occasion was observed by leaders of the United States Coast Guard Project Resident Office at ESG’s Allanton Shipyard where the first… Read More
As part of the Biden-Harris administration’s goals of permitting 30 gigawatts of offshore wind energy capacity by 2030 and deploying 15 gigawatts of floating offshore wind energy capacity by 2035, the Bureau of Ocean Energy Management (BOEM) today announced it has completed its environmental review of potential impacts from offshore wind energy leasing activities in… Read More
As the global offshore wind energy industry grows, project developers are increasingly focusing on floating offshore wind projects. A new report published by RenewableUK shows that the total pipeline of floating offshore wind projects has more than doubled in terms of capacity in the past 12 months. The membership organization that promotes wind energy development… Read More
Companies and organizations researching ways to reduce offshore greenhouse gas (GHG) emissions presented the results of their work today at an event hosted by Energy Research & Innovation Newfoundland & Labrador (ERI). Natural Resources Canada supported the projects through the Emissions Reduction Fund, Offshore Research, Development, and Demonstration (RD&D) Program, which ERI managed. The 18… Read More
The ongoing installation of the Seagreen Wind Farm reached several key milestones this week including the deepest yet installation of a fixed wind turbine. The site which is called Scotland’s largest offshore wind farm also reached the halfway point in its installation while it first generated power to the UK national grid in August. Seagreen… Read More
Norwegian energy giant Equinor yesterday awarded platform supply vessel (PSV) contracts for six ships to five shipowners. The contracts have a total value estimated at more than NOK 2.5 billion (about $235 million) including options and will support Equinor’s activities on the Norwegian Continental Shelf. Equinor, whose majority shareholder is the Norwegian state, has long… Read More
Singapore’s Keppel Offshore & Marine (Keppel O&M) has completed the modification works for the four legacy jack-up rigs that are be deployed on bareboat charters in Saudi Arabia. The rigs are being chartered in pairs to Arabian Drilling Company (ADC) and ADES Saudi Limited Company (ADES) respectively and are expected generate a total charter revenue… Read More
The contracts have a combined firm duration of 850 days supporting various clients in the UK and Dutch sectors. The contracts have a combined value of approximately NOK 105 million and will be executed by Far Symphony, Far Spica, Normand Serenade and Normand Tantalus. Skudeneshavn, October 14th, 2022 Contacts Lars Peder Solstad CEO, at +47… Read More
This story was updated on Oct. 11 to clarify the costs of upgrading the PJM transmission system to accommodate offshore wind as identified in a 2021 report by the grid operator. The cost estimates included other renewable energy goals by states, not just offshore wind. President Joe Biden’s administration laid out ambitious additional goals last month to… Read More
Eastern Shipbuilding Group (ESG) has not given up its fight against the U.S. Coast Guard’s decision to award Stage 2 of the offshore patrol cutter (OPC) program to Austal USA. Although it has withdrawn the bid protest it filed with the GAO in June, Eastern will now pursue the matter in the U.S. Court of Federal Claims (COFC). At… Read More
After years of debate, Israel and Lebanon have reached an agreement on the location of their maritime boundaries. The two nations, which do not have diplomatic relations, negotiated the terms of the deal with U.S. envoy Amos Hochstein, who shuttled back and forth to talk with each side. Under the final terms, Israel will keep… Read More
Seajacks International, a wholly-owned subsidiary of Eneti Inc., recently completed the installation of all 33 wind turbines at the Akita & Noshiro offshore wind farm situated off the Japanese Akita Prefecture coastline, according to Eneti’s release. The self-propelled jack up vessel, Seajacks Zaratan, carried out the work in collaboration with main installation contractor Kajima Corporation… Read More
A review of potential impacts from offshore wind energy leasing activities in the Morro Bay Wind Energy Area found no significant environmental impacts, the U.S. Bureau of Ocean Energy Management announced this week. The final environmental assessment considered potential impacts of issuing leases for floating wind generation turbines within the 376-square-mile Morro Bay Wind Energy… Read More
Singapore offshore vessel operator and marine engineering services provider Kim Heng is looking at $35m in new contracts secured by its subsidiaries in Taiwan. The company’s units Kim Heng Marine & Oilfield, Khan Hin Engineering and Bridgewater Marine, in which it holds a 49% stake, have been awarded $17.3m, $14.6m and $3.1m worth of contracts… Read More