CTS-VMS Partnership Targets Maritime Industry Decarbonization
CTS Offshore and Marine (CTS) and Varuna Marine Services (VMS) have entered strategic partnership to offer vessel owners and operators an informed pathway for carbon emission management.By combining their respective strengths, the two companies will provide a comprehensive suite of services to help the maritime industry navigate the complexities of decarbonization and comply with evolving regulations such as the EU Emissions Trading System (EU ETS) and FuelEU.CTS brings expertise in fleet decarbonization…
Jumbo Offshore Completes Monopile Removal Job in Taiwan
Dutch heavy lift shipping and offshore transport and installation contractor Jumbo Offshore has completed the removal of two monopiles on the Yunlin offshore wind farm in Taiwan.The Jumbo Offshore crew carried out the work by deploying its DP2 heavy lift crane vessel Fairplayer from Europe to support the onsite operations.Jumbo Offshore was awarded the contract by Yunneng Wind Power (YWPC) earlier in 2024 for the removal of monopiles at the Yunlin offshore wind farm.The contract award represented an expansion of Jumbo Offshore’s existing scope…
BOEM Clears Way for Central Atlantic Offshore Wind Leases
The Bureau of Ocean Energy Management (BOEM) issued on Thursday its final environmental analysis that found "no significant impacts" from leasing Central Atlantic coastal areas for potential offshore wind development off the Delaware, Maryland, and Virginia coasts.“BOEM is proud to continue to support the clean energy transition in a responsible manner in the Central Atlantic region,” said BOEM Director Elizabeth Klein.“We will continue to work closely with Tribes, our other government partners…
North Star Eyes 40 Hybrid SOVs by 2040 with New Funding in Its Pockets
North Star has secured debt investment of up to $543 million (£425 million) to fuel the next phase of its European offshore wind expansion, setting the target to add 40 hybrid service operation vessels (SOVs) to its fleet by 2040.The committed financial package of $287 million (£225 million) includes term facilities from existing lender, IFM Investors, and committed capex and working capital resources from banks including ABN AMRO (sustainability co-ordinator), AIB, NAB, Royal…
DEME's New Fallpipe Vessel Named Yellowstone
DEME's new fallpipe vessel—the world's largest—was officially named Yellowstone by Her Royal Highness Princess Astrid, Princess of Belgium, during a ceremony in Zeebrugge on Tuesday.Originally a bulk carrier, the ship was converted at Pax Ocean Shipyards in Singapore for rock placement work in the offshore energy industry. The DP2 vessel has a payload capacity of 37,000 tonnes and features a central vertical fallpipe that is capable of operating in water depths of 600-700 meters…
New York Finalizes Offshore Wind Contracts for Equinor, Orsted Projects
The New York State Energy Research and Development Authority (NYSERDA) said on Tuesday it had finalized contracts for Equinor's Empire Wind 1 and Orsted's and Eversource's Sunrise Wind offshore wind projects.NYSERDA in February awarded conditional contracts to buy electricity from two proposed offshore wind projects under a program meant to support the embattled industry and keep the state's ambitious clean energy goals on track.The state at the time selected the Empire Wind 1 project from Norway's Equinor and the Sunrise Wind facility being developed by Denmark's Orsted and U.S.
Dutch Subsea Services Newcomer Acquires First Vessel
FreeStar Subsea Services, a Netherlands-based company established by the merger of Vriezoo ROV Services and Mark Offshore, has acquired its first vessel and started operations.The company offers remotely operated vehicle (ROV) and survey support services with its own vessel, the SSV Navicula Star, which was recently acquired the Royal Netherlands Institute for Sea Research (NIOZ).While most mid-sized subsea companies specialize in either vessel or ROV services, FreeStar’s owners…
Strategic Marine Delivers Two Offshore Wind CTVs to Mainprize Offshore
Singaporean shipbuilder Strategic Marine has delivered two offshore wind Crew Transfer Vessels (CTVs) to UK-based Mainprize Offshore.The two 27-meter vessels are part of the UK-based CTV owner and operator’s ongoing fleet expansion and will add to its current fleet of 11 vessels.Scheduled for operations in European waters from July 2024 onwards, both vessels will be carrying out crew transfers in Europe.The vessels feature Supa-SWATH hull design for enhanced seakeeping with reduced…
DOF’s Pipelay Support Vessel Hooks Petrobras Job
Norwegian offshore vessel operator DOF Group has secured a ‘major contract’ from Petrobras for its pipelay support vessel (PLSV) Skandi Vitória.DOF secured a three-year firm contract, plus option, for its PLSV Skandi Vitória as part of an ongoing tender process.The contract starts in 2025, according to DOF.The vessel is Brazilian-built and flagged and owned by DOFCON Navegação, a joint venture between DOF Subsea (50%) and TechnipFMC (50%).kandi Vitória is an ROV construction support vessel…
South African Appeals Court Throws Lifeline to Shell's Wild Coast Exploration
A South African appeals court on Monday suspended a previous ruling that halted offshore exploration by Shell along the unspoilt Wild Coast and allowed oil companies another chance at public consultation, court documents showed.The lack of public consultation was among key reasons why a lower court ruled against Shell and other oil companies Impact Africa and BG International.In a keenly watched decision, the Supreme Court of Appeal (SCA) provided a lifeline to oil companies exploring along South Africa's coast…
OPEC+ Extends Deep Oil Production Cuts into 2025
OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest rates and rising rival U.S. production.Brent crude oil prices LCOc1 have been trading near $80 per barrel in recent days, below what many OPEC+ members need to balance their budgets. Worries over slow demand growth in top oil importer China have weighed on prices alongside rising oil stocks in developed economies.The Organization of the Petroleum Exporting Countries and allies led by Russia…
First Korean-built Geophysical Exploration Vessel Commissioned
South Korea's first domestically built geophysical exploration research vessel was commissioned during a ceremony at Pohang Yeongilman Port on May 31.The 92-meter Tamhae 3 is a fully state-funded research vessel owned by the Korea Institute of Geoscience and Mineral Resources (KIGAM). The KRW 181 billion (US$132 million) newbuild replaces its 1996-built predecessor, Tamhae 2, for geophysical explorations in domestic and foreign waters, starting with Korea’s continental shelves…
ABS and Lloyd’s Register Greenlight 3500 TEU Ammonia Container Ship Design
The two classification societies American Bureau Of Shipping (ABS) and Lloyd’s Register (LR) have issued an approval in principle (AiP) for a new ship design of an ammonia-fueled 3500 TEU container vessel.A cross-industry taskforce including A. P. Moller-Maersk, MAN Energy Solutions, Deltamarin, Eltronic FuelTech, ABS and LR led by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping is behind the new design.The vessels is 212 meters long, with a breadth of 35 meters. Its ammonia tank capacity is 4300 m3.When awarding an AiP…
Reach Subsea Extends Charter for IMR Vessel Havila Subsea
Norwegian subsea services firm Reach Subsea has entered the agreement with vessel owner Havila Shipping to extend the charter for inspection, maintenance and repair (IMR) vessel Havila Subsea.The contract extension is for a firm period of three years, until the end of 2027, with tow one year options.“In a rising market, maintaining strong operational control over core assets is crucial. We are witnessing ongoing positive market trends, with our order book and tender volume consistently increasing year by year…
Esgian Week 22 Report: A Shrinking Pool of Vintage Semisubs
Esgian provides an update on rig sales and the shrinking pool of vintage semisubs in its Week 22 Rig Analytics Market Roundup.Report SummaryContractsNoble Corporation has secured a new well intervention contract with Harbour Energy in UK waters of the North Sea for the 350-ft jackup Noble Resilient.Drilling Activity and DiscoveriesThe recently drilled offshore production well at the Kupe oil and gas field in New Zealand is underperforming despite a recent wireline well intervention.BW…
Saipem Adds Heavy-Lift Pipelay Vessel JSD6000 to Its Fleet
Italian offshore energy services firm Saipem has signed a long-term charter contract with Chinese state-owned port and naval machinery manufacturer ZPMC for the JSD6000, a latest generation ship for offshore heavy lifting, construction and pipelaying.The signed contract provides for the bareboat charter of the ship for a five-year duration, plus two extension options of one year each.The vessel will be delivered to Saipem in June 2024 and will become part of the company’s fleet.Equipped with a DP3 dynamic positioning system and a heavy-lift capacity of up to 5…
LifeFinder to Guard Crew on ARC’s Patriot RoRo Vessel
American Roll-On Roll-Off Carrier (ARC) has selected Swedish safety technology company LifeFinder for the supply of personal locator system that will be installed on its MV Patriot vessel.ARC recently completed the initial stage of a two-stage pilot program with LifeFinder, testing its personal locator technology.Based on the promising results from the first stage, ARC has committed to the second stage of the pilot which includes the full installation and operation of LifeFinder’s…
Gall Thomson Confirms Known 2023 Marine Breakaway Couplings Activations
Gall Thomson has revealed there were 16 known activations of its Marine Breakaway Couplings during 2023. The activations occurred in nine different countries around the world.On each occasion, the Marine Breakaway Coupling (MBC) operated exactly as expected. Oil spills, injuries and damage to assets such as vessels, hoses or facilities was avoided. There were no known spurious activations reported.Gall Thomson MBCs are designed to activate in an emergency during offshore hose…
PetroChina Loads First Crude from UAE's Belbazem Field
PetroChina International 0857.HK said it has loaded 100,000 barrels of crude oil from the United Arab Emirates' offshore block Belbazem where parent company CNPC has a joint venture with Abu Dhabi National Oil Company (ADNOC).This is the first equity output PetroChina lifted from the second-phase development of the field that began production in March and the cargo, loaded on May 26 on vessel Captain X.
Wärtsilä to Provide Operational Support for Two Japanese Ferries
Technology group Wärtsilä has signed two Lifecycle Agreements covering two ferries owned by Japanese operator Shin Nihonkai Ferry (SNF).The agreements are designed to provide optimal operational support in ensuring reliable and efficient performance for the ferries, each powered by four Wärtsilä 31 engines, which serve the Yokosuka and Shinmoji route.The two five-year agreements cover the ‘Hamayu’ and ‘Soleil’ ferries and provide remote 24/7 support in case of need.The scope of…
Huisman Inks Deepwater Crane Supply Deal with Malaysia’s Oilfield Services Firm
Dutch company Huisman has secured its first contract from Coastal International Marine, part of Malaysia-based oil and gas services company Coastal Contracts, for the supply of deepwater Knuckle Boom Crane.The Knuckle Boom Crane has a lifting capacity of 100 mt and features a deepwater winch and active heave compensation.Huisman recently introduced its optimised KBC series, designed specifically for the offshore subsea construction market.The optimised models align with the latest trends in offshore construction vessels…
BOEM Finalizes Environmental Review of Gulf of Maine Offshore Wind Research Lease
The US Bureau of Ocean Energy Management (BOEM) has released its Final Environmental Assessment (Final EA) of an offshore wind research lease in the Gulf of Maine. In October 2021, the state of Maine requested a research lease for the purpose of researching floating offshore wind energy technology and its deployment. The research site lies 28 nautical miles off the coast of Maine, roughly southeast of Portland, and if developed would comprise up to 12 floating offshore wind turbines capable of generating up to 144 megawatts of renewable energy.
Orsted, New Jersey Reach Settlement Over Canceled Offshore Wind Farms
New Jersey officials said the state will receive $125 million from a legal settlement with Denmark's Orsted ORSTED.CO over the company's cancellation last year of two offshore wind farm projects.The New Jersey Board of Public Utilities said in a statement that the funds will be used for investments in wind component manufacturing facilities and wind farms.The settlement comes nearly seven months after Orsted said it would stop developing the Ocean Wind 1 and 2 projects off the coast of New Jersey as it struggled with soaring costs and supply chain delays.The cancellations triggered an angry re
Van Oord’s Boreas Set for First Job at German Offshore Wind Project
Dutch offshore installation firm Van Oord has secured a contract from RWE for the transport and installation of monopile foundations for the Nordseecluster offshore wind project in Germany.This project will be the first project for the Van Oord’s brand-new offshore installation vessel Boreas, which is currently under construction.Van Oord’s scope includes the installation of 104 extended monopiles as well as the installation of the scour protection. In 2025, 44 monopiles are planned…
Metis Revamps Its Maritime Analytics Platform
Maritime data analytics company Metis has unveiled a revised version of its analytics platform, aimed to help clients better manage their ship and fleet performance.Fresh developments cover additional fleet- and vessel-level summary dashboards, as well as key performance indicators (KPIs) that provide improved overviews in specific domains of focus, including ship emissions, vessel performance, optimized operations and machinery condition.Useful for benchmarking within the fleet and between sister ships…
New Petrobras CEO Says Oil Prospect is of “National Interest”
Petrobras' new chief executive said a basin in Brazil's Equatorial Margin, an environmentally sensitive offshore prospect seen as the country's most promising frontier for oil exploration, was a matter of "national interest."Magda Chambriard, who took over as the state-controlled oil company's chief executive after President Luiz Inacio Lula da Silva fired its former CEO this month, said on Monday she wanted to escalate talks about the region near Guyana to the National Council of Energy Policy (CNPE)…
Portugal's New Government Committed to Developing Offshore Wind
Portugal's new government is committed to developing offshore wind energy and also sees "repowering" onshore wind farms and promoting solar projects, including small-scale ones, as a priority, the environment minister said on Monday.Maria da Graca Carvalho said the government would announce some details of its offshore wind energy policy in July as investors await guidelines on a planned key licensing action announced last year under the previous administration.The previous administration…
MOL to Install Wind Powered Propulsion Systems on Seven New Vessels
Mitsui O.S.K. Lines (MOL) and its company MOL Drybulk have announced plans to install wind propulsion systems, including Wind Challenger, on a total of seven newbuilding bulk carriers and multi-purpose vessels.The vessels will be operated by MOL Drybulk. With the latest commitment, MOL Group will have a total of nine Wind Challenger-equipped vessels, bringing the total number of vessels equipped with wind propulsion systems to 11.Among the seven vessels to be equipped with wind propulsion systems…
Seatrium Secures FPSO Newbuild Contracts from Petrobras
Seatrium has secured a contract from Petrobras, acting as operator of Atapu and Sepia consortiums, for the newbuild supply of FPSO platforms P-84 and P-85.With the contracts valued at approximately S$11 billion, these high throughput FPSOs will be deployed in the Atapu and Sépia fields, located in the eastern part of the Santos Basin, approximately 200 kilometers offshore of Rio de Janeiro in Brazil.The P-84 and P-85 platforms are part of Petrobras' new generation of FPSO platforms, characterized by a high production capacity that prioritize sustainable practices with innovative technologies.
Esgian Week 21 Report: Tender Opportunities Emerging in Africa
Esgian provides an update on new commitments confirmed for Odfjell Drilling and Borr Drilling rigs and new tender opportunities emerging in Africa in its Week 21 Rig Analytics Market Roundup.Report SummaryContractsEquinor has exercised an option to extend the use of Odfjell Drilling’s 10,000-ft Deepsea Aberdeen for a batch of eight wells on the Norwegian Continental Shelf. With this, Odfjell Drilling’s owned fleet of four semisubs has a firm backlog until at least mid-2026.Borr Drilling has confirmed new work for its 400-ft jackup Prospector 1 in the UK and the Netherlands…
Shore Offshore Services Acquires Derrick Barge from TOPS
On May 21, 2024, Shore Offshore Services completed the acquisition of the derrick barge Swing Thompson from Turnkey Offshore Project Services (TOPS).The barge will be renamed Hulk and will maintain its Vanuatu flag while following ABS guidelines and working toward gaining OVID compliance. The asset will be capable of installation and decommissioning of offshore facilities in the Gulf of Mexico and internationally.Equipped with an eight point mooring system, the 400- by 120-foot derrick barge is capable of working in up to 600 feet of water and can accommodate up to 104 persons.
Techcross to Take Part in Posidonia 2024
South Korea-based ballast water management system (BWMS) manufacture Techcross has announced its participation at Posidonia 2024, considered one of the largest maritime exhibitions in Europe held in Athens, Greece.This year, over 2,000 companies from around the world are expected to participate in the first week of June. The exhibitors are working hard in preparation aiming to attract nearly 30,000 visitors.Techcross who attends at booth no. 2.424, has arranged an opportunity for consultation on the local training center’s operational plan…
J-Power’s Coal Carrier to Sport Wind Challenger Propulsion System
Mitsui O.S.K. Lines (MOL) and Electric Power Development (J-Power) have agreed to install the Wind Challenger hard sail propulsion system, which converts wind energy to propulsive force, on the coal carrier Kurotakisan Maru.The installation of the Wind Challenger sail, which transports steaming coal to J-Power's power stations, is schedule for the second half of 2025.This marks the first installation of the Wind Challenger on a vessel currently in service by retrofitting, according to MOL.The Wind Challenger is a device developed by MOL and Oshima Shipbuilding…
Carimin Buys Crew Boat Newbuild from Penguin Shipyards for $5M
Malaysia-based offshore services provider Carimin Resources Services, a subsidiary of Carimin Petroleum, has signed an agreement with Penguin Shipyard Asia for the acquisition of unregistered crew boat newbuild, worth $4.96 million.The newbuild multi-role executive crew boat is of Penguin's proprietary Flex-42X design.Penguin’s Flex-42MX and Flex-42X can transport up to 60 tons of deck cargo on a 110-square meter cargo deck, and hold 80,000 liters of fuel and 20,000 liters of fresh water.The overall of the vessel…
Damen’s Tugs to Run on CMB.TECH’s Dual-Fuel Hydrogen Technology
CMB.TECH and Damen have signed collaboration agreement for four hydrogen-powered tugs.Built by Damen, the vessels will use CMB.TECH's dual fuel hydrogen technology that will significantly reduce emissions.The agreement was signed on May 23, 2024, the same day the classification society Lloyd’s Register presented CMB.TECH and Damen with an approval in principle (AiP) for the hydrogen solution that will be installed in the tugs.The dual fuel hydrogen ASD Tugs 2812 FF-H2, with 80-tonnes bollard pull…
Cadeler Secures Vessels Reservation Deal with Mistery Client Worth Up to $760M
Danish offshore wind installation firm Cadeler has signed an installation vessel reservation agreement with an undisclosed client, valued up to $760 million, for upcoming wind farm installation projects.If all options are exercised during the four-year agreement, it would represent the largest deal in Cadeler's history, with the potential value of the projects to be executed under the agreement estimated to be in the range of $430-760 million (€400-700 million).The agreement secures…
Kongsberg Maritime to Make Solstad’s Normand Sentinel More Energy Efficient
Kongsberg Maritime has been tasked to conduct energy efficiency upgrades on Solstad’s Normand Sentinel, one of its most prominent subsea construction vessels.This upgrade will see the vessel transition to Kongsberg Maritime’s electric rim-drive azimuth thrusters, marking a milestone in maritime energy efficiency.The Normand Sentinel, measuring 143 metres in length and boasting years of reliable service, is set to receive this upgrade during its next scheduled drydocking.The vessel’s…
First Foundation Installed for Coastal Virginia Offshore Wind
Dominion Energy has announced that the first monopile foundation for the 2.6-gigawatt Coastal Virginia Offshore Wind (CVOW), the largest offshore wind farm under construction in the United States, has been installed approximately 29 miles off the Virginia Beach coast.The monopile was installed by the Orion, DEME Group's heavy lift vessel.Once complete in late 2026, CVOW will consist of 176 turbines that will generate enough clean, renewable energy to power up to 660,000 homes…
At Least Two Companies Seek Norway Seabed Mining Permits
Two companies said on Wednesday they are seeking offshore seabed acreage on the Norwegian continental shelf where they hope to explore for minerals, in what could be the start of a controversial new mining industry.The process puts Norway on track to become the first country to start commercial production from its continental shelf of metals useful in the transition from from oil and gas, such as copper, cobalt and zinc, as well as rare earth elements (REE).Nominations for acreage…
Cadeler Orders Third A-Class Offshore Wind Jack-Up Vessel
Danish offshore wind installation firm Cadeler has placed a $400 million order to COSCO Heavy Industries for the construction of its third A-class wind farm installation vessel, capable of transporting and installing seven complete 15 MW turbine sets per one loading.This will be the 11th vessel in Cadeler’s fleet, ordered ready to meet the growing offshore wind market demand.The third A-class vessel – Wind Apex – will feature the hybrid design, enabling it to convert from being…
Van Oord Gets Windanker Monopiles and Cables Installation Job
Dutch offshore installation firm Van Oord has secured a contract from the Spanish energy company Iberdrola for the construction of the German Windanker offshore wind farm.Van Oord's scope includes the transport and installation of 21 XL monopiles and transition pieces and the design, supply and installation of the inter-array cable grid.Windanker will have an installed capacity of 315 MW. The development of the wind farm is in line with Germany’s plans to develop 30 GW of offshore…
Havfram to Install Wind Turbines at Iberdrola’s Windanker Project
Offshore wind installation company Havfram has signed a contract with Iberdrola for the installation of 21 Siemens Gamesa wind turbines at the Windanker project in the Baltic Sea, off Germany.The contract, set to start in summer 2026, covers transport and installation support, which will be executed by one of Havfram’s newbuild NG20000X-HF wind turbine installation vessels.Windanker, located in the German Baltic Sea, will have an installed capacity of 315 MW.Most of the renewable…
Van Oord Installs First Monopile Foundation at RWE’s 1.4GW Offshore Wind Farm
Van Oord’s offshore installation vessel Aeolus has installed the first monopile foundation at RWE’s Sofia Offshore Wind Farm, located on Dogger Bank in the central North Sea.With a capacity of 1.4 GW, Sofia is RWE’s largest offshore wind farm to date. After its expected commissioning in 2026, the project will be capable of generating enough electricity to power the equivalent of 1.2 million typical UK homes.Following the installation of the essential subsea cable infrastructure…
Outlook ‘Surprisingly Positive’ for US Offshore Wind
It certainly has been an active few months in the U.S. offshore wind space.Despite some ongoing issues, the fundamentals are looking surprisingly positive in the context of what has taken place over the last 12 months. In fact, the key concern for developers and the supply chain will be any negative impacts to offshore wind development arising from the forthcoming Presidential elections.So why are we so positive?The foundation of optimism is found in the federal plans to offer leases this year containing a minimum 22 gigawatts (GW) of capacity in 16 sites located in the Central Atlantic…
Inmarsat Launches NexusWave to Boost Maritime Communications
Mobile satellite communications provider Inmarsat, a Visata company, has launched NexusWave, a fully managed connectivity service designed to improve maritime communications and global coverage at sea.NexusWave is underpinned by a bonded multi-dimensional network, offering high-speed connectivity, unlimited data, global coverage, and ‘secure by design’ infrastructure, according to Inmarsat.Delivered by a single provider, NexusWave offers fully managed service that seamlessly integrates multiple high-speed networks in real time – Global Xpress (GX) Ka-band…
Sapura Ônix Heads to Atlanta Field to Install Subsea Equipment
The specialized vessel Sapura Ônix is on its way to Atlanta Field in Santos Basin, offshore Brazil, where it will carry out the installation of subsea equipment to support the oil production, targeted for August 2024.Brazilian oil and gas company Enauta said the Sapura Ônix vessel is en route to install multiphase pumps (MPPs), umbilicals for power and data transmission, and production risers, connecting the wells’ subsea infrastructure to FPSO Atlanta.The FPSO Atlanta, chartered and operated by Malaysia’s Yinson Production…
Prysmian Cements Partnership with Port of Middlesbrough with New Long-Term Deal
AV Dawson, owner and operator of Port of Middlesbrough, has signed a 10-year partnership agreement with Italian offshore cable manufacturer Prysmian. Prysmian first started using Port of Middlesbrough 10 years ago. Over the years, as the offshore wind industry has exploded and Prysmian has secured more contracts, Port of Middlesbrough has become central to the company’s operations and now acts as its northern European marine base.With further growth anticipated, Prysmian has secured additional warehousing and office space at the port as part of the new partnership deal.
Esgian Week 20 Report: Update on Saudi Suspensions
Esgian provides an update on Saudi suspensions in its Week 20 Rig Analytics Market Roundup.Report SummaryContractsDrilling contractor Arabian Drilling confirmed that the suspension of three contracts for its jackups with Saudi Aramco have yet to be finalised but are expected to take effect towards the end of the third quarter of 2024. CEO Ghassan Mirdad stated that the company is actively exploring opportunities to redeploy these rigs with other clients. Arabian Drilling announced…
Longer-Endurance CTV with 'Sleep Aboard' Capability Unveiled
NAV Engineering (NAV), a subsidiary of Newport Shipping established in 2023, unveiled its latest Crew Transfer Vessel (CTV) design, HybriNav35.At 35.4m long, HybriNav35 is designed to cater for increased endurance of up to two weeks, where crew will be able to sleep onboard the vessel. This design specification will enable the vessel to support infield transfers and transits between sites 24/7 in O&M and Construction on far-offshore locations.The design shares some similarities with the previous HybriNav26 in that both vessel designs have a unique hull design…
Jan De Nul Orders Another XL Cable Layer
Offshore installation services company Jan De Nul has ordered another XL cable laying vessel (CLV), identical to the Fleeming Jenkin, which boasts ‘unrivalled cable-carrying capacity’.Like the Fleeming Jenkin, the vessel will be 215 meters long and can transport 28,000 tonnes of cables.This will make them the largest capacity cable-laying vessels in the world, according to Jan De Nul.Thanks to cutting-edge technology on both vessels, designed by Jan De Nul Group's own specialists, they can lay cables in both shallow and ultra-deep waters up to 3,000 meters.
Nearly $1 Billion Dedicated to US Floating Wind Development
The U.S. departments of Energy (DOE), Interior, Commerce, and Transportation has released a report summarizing their progress toward the goals of the Floating Offshore Wind Shot™, an interagency initiative to drive U.S. leadership in design, deployment, and manufacturing. The report shows that, since the initiative's launch in September 2022, the Biden-Harris administration has dedicated over $950 million in planning, leasing actions, research, development, demonstration, deployment…
New Studies Highlight Offshore Wind Energy Potential in the Gulf of Mexico
The Bureau of Ocean Energy Management (BOEM) has released two new studies on offshore wind energy in the Gulf of Mexico.The first study, “Gulf of Mexico Offshore Wind Energy Hurricane Risk Assessment” analyzed hurricane risk to wind turbines operating in the Gulf of Mexico. This study concluded that as a minimum, an IEC ”Typhoon Class” wind turbine would be needed for the design of offshore wind turbines in more hurricane prone areas, such as in the Gulf of Mexico.The second study, “Assessment of Offshore Wind Energy Opportunities and Challenges in the U.S.
Empire Wind 1 Gets New York Construction Approval
Norwegian energy company Equinor has received approval from the New York State Public Service Commission to start building its Empire Wind 1 offshore wind farm, Governor Kathy Hochul said on Thursday.Electricity generated from offshore wind farms is important to U.S. and state goals of cutting greenhouse gas emissions.But the industry has been hit this year by inflation, higher interest rates and supply chain delays. In January, Equinor and BP BP.Lterminated their agreement to…
Philly Shipyard Lays Keel for Great Lakes' Subsea Rock Installation Vessel
Philly Shipyard has laid the keel for Great Lakes Dredge & Dock Corporation's subsea rock installation vessel, Acadia—the first Jones Act compliant rock placement vessel for the U.S. offshore wind industry.A May 2 keel-laying ceremony saw the vessel's first grand block loaded into the building dock, marking a significant milestone in the shipbuilding process.Great Lakes' CEO, Lasse Petterson, said, “Keel laying, commonly referred to as the birthday of a ship, is a big milestone in the ship construction process…
Part of Philippine Subic Bay Shipyard Leased Out for Offshore Wind
Cerberus Capital Management agreed to lease part of its 350-hectare Philippine shipyard in Subic Bay to HD Korea Shipbuilding and Offshore Engineering, which plans to build a facility there to manufacture offshore wind platforms.The shipyard was run by Hanjin Philippines before it defaulted on loans worth $1.3B in 2019.
New Petrobras CEO Pressed on Shipbuilding Reboot, Jobs
The next chief executive of Petrobras, Magda Chambriard, arrives with the résumé and mandate to make Brazil's state-run oil firm what it was under prior Workers Party governments: an engine of job creation and industrial development, said people familiar with the matter.President Luiz Inacio Lula da Silva - who used Petrobras to spur domestic shipbuilding and major refinery projects during his earlier 2002-2010 presidency - has tapped the four-decade petroleum industry veteran to reboot that vision…
Consortium Wins Tender for France's First Floating Offshore Wind Farm
A consortium including Germany's BayWa r.e.
ABS to Class Edison Chouest's Offshore Wind Feeder Fleet
A new feeder fleet of two tugs and two barges dedicated to serving a wind turbine installation vessel (WTIV) from Maersk Supply Service (MSS) has been ordered by Edison Chouest Offshore (ECO) to ABS class.The innovative system is designed to deliver components to the construction site, allowing the WTIV to remain on location, promising faster wind farm installations. The WTIV will also be ABS-classed.Designed to serve the U.S. offshore wind market, the novel articulated tug/barge…
Stena’s Ro-Pax Vessel with Wärtsilä Propellers Obtains DNV Silent Operations Notation
Stena’s new Ro-Pax vessel, Ala’suinu, equipped with Wärtsilä propellers has received DNV’s Silent(E) notation, issued to vessels that demonstrate the ability to effectively reduce emissions of underwater radiated noise.Technology group Wärtsilä has designed and delivered controllable pitch propellers for Stena’s new Ro-Pax vessel, Ala’suinu, which has successfully completed sea trials.Following these sea trials, Ala’suinu became the first Ro-Pax vessel to fulfil the DNV Silent(E) notation…
Van Oord Launches Giant Offshore Wind Installation Vessel
Van Oord has launched its new offshore installation vessel Boreas at the Yantai CIMC Raffles Offshore shipyard in China.The Boreas’ dual fuel engine set is able to run on methanol and is purpose-built for the transport and installation of the next generation foundations and turbines at offshore wind farms.The vessel is expected to be commercially available in 2025, according to Van Oord.Upon completion, the Boreas will be the largest vessel of its kind.The vessel measures 175 meters in length and has a crane with a 155-metre-high boom, able to lift over 3,000 tonnes.
Foundation Installs Kick Off at Dogger Bank B
Foundation installation work has commenced for the second phase of what will become the world’s largest offshore wind farm, Dogger Bank, in the U.K. North Sea.Seaway7’s vessels Seaway Strashnov and Seaway Alfa Lift have commenced installation of monopile foundations and transition pieces for the Dogger Bank B phase of the offshore wind farm project. The team recently completed installation of all 95 transition pieces on Dogger Bank A, thus concluding the installation of the foundations for the first phase of the project.Olly Cass…
Maryland Sets Course for Offshore Wind Energy Expansion
Maryland Governor Wes Moore signed a bill aimed at reevaluating and potentially revising existing offshore wind project plans, setting the stage for the state's goal of achieving 8,500 megawatts of offshore wind energy capacity by 2031.The bill signed on May 9 will empower the Maryland Public Service Commission (PSC) to open proceedings to evaluate offshore wind projects, including offshore wind renewable energy credit (OREC) pricing.The bill, which facilitates the increase of the maximum amount of ORECs sold under certain conditions…
Cadeler Wins Wind Turbine Install Work in the Polish Baltic Sea
Danish offshore wind installation company Cadeler reports it has secured vessel reservation agreements with both MFW Bałtyk II Sp. z.o.o. and MFW Bałtyk III Sp. z.o.o., each a joint venture project owned 50% by Equinor and 50% by Polenergia.The Bałtyk 2 and Bałtyk 3 projects are wind farms situated in the Baltic Sea, approximately 27 and 40 kilometers from the port of Łeba, respectively. The projects entail the installation of 100 offshore wind turbine generators in the Polish Baltic Sea.
Brunvoll System to Propel Cyan Renewables New SOV
Brunvoll has signed a contract with Vard for the delivery of a comprehensive propulsion and maneuvering system for Cyan Renewables' new Service Operation Vessel (SOV).The vessel will have the first azimuth propulsion thrusters from Brunvoll with an 8-degree tilted propeller and nozzle, for enhanced performance during dynamic positioning operations.The delivery for the new SOV consists of two azimuth propulsion thrusters, two retractable azimuth thrusters, a tunnel thruster, and…
Siem Offshore Rebrands as Sea1 Offshore Following Chairman Exit
Siem Offshore has changed its name to Sea1 Offshore followong an ownership change that saw the company's founder and chairman exit the Norwegian offshore support vessel (OSV) firm.Kristian Siem, longtime leader of Siem Offshore, stepped away earlier this year after reaching a deal to acquire nine vessels in exchange for his 35% stake in the company.The name has been formally registered in the Cayman Islands Registrar of Companies and change officially took effect May 7, 2024.
Mærsk Mc-Kinney Møller Net-Zero Maritime Center Adds Academia Partners
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping has welcomed new, including University of Michigan, Maritime Research Alliance, Norwegian University of Science and Technology (NTNU) and World Maritime University, in a move to foster interdisciplinary collaboration between industry and academia.The introduction of Academic Partners marks a strategic expansion of the center's partnership platform and is a strengthening of the collaboration between scientists in the research…
Cyan Renewables, Hyundai to Set Up Offshore Wind Vessel Suply Chain in South Korea
Cyan Renewables, a portfolio company of Seraya Partners, has entered into a strategic collaboration with Hyundai Asset Management to establish a robust vessel supply with strong local content for South Korea's offshore wind market.Cyan Renewables, an international maritime operator specializing in offshore wind support vessels, has signed a memorandum of understanding (MoU) with Hyundai Asset Management to facilitate the strategic investment in South Korea’s offshore wind supply chain.Under the MoU…
Black & Veatch Completes Feasibility Study for Colombia’s New LNG Terminal
Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, a liquefied natural gas (LNG) regasification terminal and power plant.The study assessed site suitability, project design requirements, capital and operating costs, financial viability, financing options, climate resilience, and implementation and construction plans.Beginning with a site assessment that focused on the landscape of the area, regulatory restrictions and accessibility, the study…
Cadeler Secures Up to $140M in Vessel Agreements with Equinor and Polenergia
Danish offshore wind installation firm Cadeler has secured vessel reservation agreements with Equinor and Polenergia joint ventures MFW Bałtyk II and MFW Bałtyk III, marking the first contract between the companies.Both MFW Bałtyk II and MFW Bałtyk III are 50% owned by Equinor and 50% by Polenergia.The aggregate potential value of the contracts to be negotiated during the pendency of the vessel reservation agreements is anticipated to fall within the range of $118-140 million.Operations are scheduled to begin in 2027…
Eco Edison: First US-built SOV Christened
The first-ever American-built, owned, and crewed offshore wind service operations vessel (SOV) was christened during a ceremony on Saturday in the Port of New Orleans.Edison Chouest Offshore's (ECO) recently completed ECO Edison will play an integral part of the operation and maintenance of Ørsted and Eversource’s South Fork Wind, Revolution Wind and Sunrise Wind projects as the U.S. offshore wind industry continues to ramp up in the U.S. Northeast.Built at ECO in-house shipyards in Louisiana…
Esgian Week 19 Report: New Offshore Acreage Offered
Esgian reports another busy week filled with a variety of updates, including new offshore acreage offered in the UK, Norway and Nigeria, in its Week 19 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a direct award of a contract from Suez Oil Company (SUCO) in Egypt. The SUCO award in Egypt’s Gulf of Suez is for a firm 21-month term expected to start in the coming weeks.Noble 492-ft jackup Noble Innovator has been awarded a one-well extension with bp in UK waters at a dayrate of $145…
Japan’s First Offshore Solar Demonstrator Hits Water in Tokyo
Dutch-Norwegian floating solar company SolarDuck, in collaboration with Japanese partners, has completed the installation of Japan’s first offshore floating solar demonstrator which will be used to power electric vehicles and boats.Together with its project partners Tokyu Land Corporation, Kyocera Communication Systems Corporation and Everblue Technologies, SolarDuck launched the demonstration of its offshore floating solar unit as part of the Tokyo Bay eSG project.The demonstration will showcase the production of renewable energy from the offshore floating solar unit…
Euroseas Charters Newbuild Container Ship and Secures Financing for Another One
Greek shipowner Euroseas has entered into charter contract for its fuel efficient 1,800 TEU feeder container ship currently under construction, while securing funding for a sister ship planned for delivery later in 2024.The time charter contract is for M/V Monica for a minimum period of 10 to a maximum period of 12 months at the option of the charterer, at a gross daily rate of $16,000.The new charter will start upon delivery of the vessel from the shipyard expected around mid…
QatarEnergy and Nakilat Sign Long-Term Agreement for Nine QC-Max LNG Vessels
QatarEnergy has signed a long-term agreement with Qatar Gas Transport Company Limited (Nakilat), under which Nakilat will own and operate nine QC-Max class LNG vessels, the largest LNG vessels ever built.The nine QC-Max vessels, with a capacity of 271,000 cubic meters each, constitute half of the 18 advanced QC-Max class LNG vessels that will be constructed at China’s Hudong-Zhonghua Shipyard.To date, QatarEnergy’s fleet expansion program encompassed the execution of shipbuilding contracts and time charter agreements for 104 conventional LNG vessels and 18 QC-Max class LNG vessels…
Colombia's Ecopetrol Talking to Very Large Offshore Wind Players
Colombia's majority state-owned energy company Ecopetrol has held talks with big players ahead of a potential bid in an offshore wind auction organized by the country's government, Chief Executive Ricardo Roa said on Wednesday.Roa was speaking during a call with analysts regarding the company's financial results for the first quarter of 2024, where net profit dropped 29% to 4.01 trillion pesos ($1 billion) on the back of lower sales and a re-evaluation of the country's peso.Earlier this week the company told Reuters it was conducting technical…
Australia Backs Long-Term Gas Exploration
Australia's resources minister said on Thursday she backs the long-term exploration of potential natural gas projects, setting up a potential clash with opposition lawmakers and some in the incumbent Labor Party that oppose its use.Australia, one of the world's largest producers of liquefied natural gas (LNG), is committed to reducing its emissions to net zero by 2050.But Resources Minister Madeline King said in a column in the Australian Financial Review on Thursday, ahead of the launch of the government's Future Gas Strategy, that "gas is needed out to 2050 and beyond.""The energy transforma
Unfinished Hornbeck MPSV Arrives at Eastern for Build Completion
The first of two incomplete ultra high-spec multipurpose support vessels (MPSV) has arrived at Eastern Shipbuilding Group's Port St. Joe Shipyard, where the builder will finish constructing the vessel for Hornbeck Offshore Services.Earlier this year, Eastern secured a contract to complete construction of the two 400 class MPSVs after Hornbeck terminated the original build contracts with Gulf Island Shipyards in Houma, La. in 2018 over what it described as "performance issues".
VARD to Build Hybrid Ocean Energy Construction Vessel for Island Offshore
VARD announced it has been awarded a contract to design and build a hybrid power Ocean Energy Construction Vessel (OECV) for the Norwegian shipping group Island Offshore. The deal includes options for two more vessels.The vessel, to be named Island Evolution, is of VARD 3 25 design developed in close collaboration between Island Offshore and VARD for work in offshore oil and gas as well as renewables."We are proud to present the next generation OECVs with versatile capabilities that will ensure long-term employment as the energies of the ocean evolve.
ABS and Seatrium Partner on Decarbonization and Energy Transition
U.S.-based classification ABS on Wednesday announced it is expanding its partnership with Singaporean shipbuilding group Seatrium to advance cutting-edge marine and technology projects that target decarbonization and energy transition in the marine and offshore sectors.The newly signed three-year Technology Collaboration Agreement (TCA) entitled “Accelerating Decarbonization and Energy Transition” is a foundation for further collaboration on a succession of state-of-the-art projects under four broad themes: decarbonization, electrification, new energies and digital transformation, ABS said.
Ulstein Verft Begins Outfitting Olympic's Next CSOV
The second in a series of new construction service operation vessels (CSOV) being built for Olympic has entered the outfitting phase.The newbuild was towed from the Crist hull yard in Poland, arriving on Wednesday at Ulstein Verft in Norway where the outfitting phase will now begin. The vessel was towed into the dock hall where the paint work will be performed. Commissioning and testing will take place in the project's concluding months.In 2022, Olympic and Ulstein signed a contract on ship design and construction of two CSOVs of the ULSTEIN SX222 design from Ulstein Design & Solutions AS.
McDermott’s Subsidiary Grabs Marsa LNG Job Worth Up To $250M
CB&I, a wholly owned subsidiary of McDermott, has been awarded a significant contract by TotalEnergies and OQ joint venture for the engineering, procurement, construction (EPC) of a full containment concrete liquefied natural gas (LNG) storage tank, located in Oman's Port of Sohar.Under the contract, awarded by Marsa Liquefied Natural Gas, CB&I will provide turnkey EPC services for a 165,000m3 full containment concrete LNG storage tank and associated piping to grade.Project delivery will be executed in Oman…
Marlink Upgrades Simon Møkster Shipping’s Network
Marlink has completed a fleet-wide upgrade of its hybrid network solution for long-time client Simon Møkster Shipping.The upgrade to Marlink’s Sealink Nextgen solution, which includes the Starlink LEO service, enables the company to use standard office software applications including MS-TEAMS as its default collaboration platform and primary voice channel.Simon Møkster Shipping sought a hybrid solution that would optimize its operations around high throughput connectivity and managed networks…
Liza Unity is First FPSO to Earn ABS REMOTE-CON Notation
The ABS-classed Liza Unity has received the first REMOTE-CON notation for an floating production storage and offloading (FPSO) from ABS. The notation demonstrates the vessel’s alignment with remote-control functions and signifies that the design and construction of the offshore asset are assessed against and adhere to the ABS Requirements for Autonomous and Remote Control Functions.The Liza Unity is the second FPSO to be built for ExxonMobil Guyana’s Stabroek Block development and the first delivered under SBM Offshore’s Fast4Ward program.
DNV to Publish New Offshore Rules and Standards in July
Classification society DNV said it is set to publish its new set of rules and standards for the offshore industry.The new rules, which cover several segments, including underwater systems and installations, offshore units, diving systems, structural design, and drilling systems, will be published in July and enter into force on January 1, 2025. They have been developed with extensive industry feedback, undergoing an external hearing process before their publication and entry into force.“The offshore sector is one of the most innovative in the world…
Valaris Jack-up Using AI for Man Overboard Detection
A Valaris jack-up drilling rig is using an AI-enabled intelligent detection and tracking solution to provide automated person overboard detection and alerts, marking the first time the cutting-edge technology has been deployed in the offshore oil and gas sector.Zelim's ZOE software was installed on board the Valaris Stavanger in February after the Edinburgh-based technology company worked with the drilling contractor to customize the solution for the specific requirements of jack-up vessels.
Sapura Energy Lands $1.8B Petrobras Deal for Six Pipelaying Vessels and Subsea Services
Malaysia-based offshore services firm Sapura Energy has through its joint venture companies secured $1.8 billion worth of contracts with Brazil’s state-owned energy giant Petrobras for the provision of subsea services and six pipe-laying support vessels (PLSVs).Sapura Energy has through the joint ventures owned by Seabras Sapura Holding and Seabras Sapura Participações, in collaboration with Paratus Energy Services, secured contracts for its full fleet of six multi-purpose PLSVs as part of a competitive tender process run by Petrobras.Sapura Energy…
Escalated Middle East Conflict Could Hike Oil Price to $150/barrel, Bloomberg Finds
So far, the Israel-Hamas conflict has had limited impact on the global economy. However, an escalation to a direct war between Israel and Iran, could result in oil prices rising to $150 a barrel and global output cut by $1 trillion, according to a new analysis by Bloomberg Intelligence (BI) and Bloomberg Economics (BE).The new study from BI and BE – Middle East Energy Scenarios – looks in detail at four broad scenarios and their potential impact on global GDP and inflation, from a sustained ceasefire to a confined conflict…
Tanzanian LNG Project Delayed as Government Seeks to Change Terms
Negotiations for the development of Tanzania's $42 billion liquefied natural gas export plant have been delayed by proposed government changes to a financial agreement reached last year, a government spokesperson and two company sources said.The government and investors announced last May they had completed negotiations on the long-delayed project to unlock Tanzania's vast offshore gas resources.Equinor and Shell are joint operators while Exxon Mobil, Pavilion Energy, Medco Energi…
Senegal's O3S Orders Fast Supply Vessel from Penguin
O3S – Oil Senegal Support Services, a homegrown Senegalese operator servicing the country's fledgling offshore energy sector, has ordered a new 36-meter fast supply vessel (FSV) from Singaporean shipbuilder Penguin International. Construction on the new FSV is expected to start later this year, with delivery of the new vessel expected to take place in 2025.The new Incat Crowther-designed vessel will be capable of transporting 28 service personnel as well as 20 tonnes of cargo at speeds of up to 33.5 knots.
Royal Navy Seizes Over $250M Worth of Drugs in Caribbean Sea
The crew of U.K. Royal Navy’s offshore patrol vessel HMS Trent has seized over $250 million worth of cocaine in the latest drugs bust in the Caribbean Sea, bringing the total drugs seized by the vessel so far to over $640 million.The latest bust came after HMS Trent was alerted to potential smugglers by a United States maritime patrol aircraft and used her powerful radars to track down the suspicious vessel.With the Royal Navy ship closing in, the vessel started throwing bales of cocaine into the sea to try and evade capture.The crew of HMS Trent then had to recover the drugs thrown overboard…
Fortescue’s Ammonia-Powered Vessel Wraps Up Sea Trials in Singapore
Fortescue, with the support from the Maritime and Port Authority of Singapore (MPA) and partners, has completed propulsion and maneuverability trials of its Singapore-registered Fortescue Green Pioneer dual fuel ammonia-powered vessel in the Port of Singapore.The trials were conducted using 6.4 m3 (4.4 tonnes) of liquid ammonia, in combination with diesel and Hydrogenated Vegetable Oil (HVO), a second-generation biofuel, as marine fuel over 10 days from April 23, 2024 to May 2…
Esgian Week 18 Report: Confirmations, Terminations and Suspensions
Esgian reports an eventful week with contract confirmations, terminations and suspensions in its Week 18 Rig Analytics Market Roundup.Report SummaryContractsBurullus Gas Company, the self-operated joint venture between Shell Egypt, the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC) and Petronas, has agreed to move forward with the development of Phase 11 in Egypt's Nile Delta in the Mediterranean Sea.QatarEnergy has exercised a one-year option for Borr Drilling 400-ft jackup Groa…
Big Oil Finds More to Love in Deepwater Exploration Fields
As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the spotlight.Offshore exploration had dimmed after the U.S. shale boom ushered in new and cheaper-to-tap supplies of oil, and as past offshore cost overruns pushed deepwater projects onto the industry's backburner.Newer deepwater projects have the attributes oil and gas companies are looking for: longer-term production…
Höegh LNG Strikes Deal to Deploy FSRU Hoegh Galleon in Egypt
Norway-based Höegh LNG has made an agreement with Australian Industrial Energy (AIE) and Egyptian Natural Gas Holding Company (EGAS) for the deployment of the floating storage and regasification unit (FSRU) Hoegh Galleon. The aim of the deployment is to support energy security in Egypt, Höegh LNG said.Hoegh Galleon will be located in Ain Sokhna in Red Sea for a likely period of 19-20 months, after which it is expected to be deployed to AIE’s LNG terminal currently under construction at Port Kembla, Australia.
Coastal Virginia Offshore Wind Project Has Not Been Delayed
Dominion Energy has announced that any reports that the Coastal Virginia Offshore Wind (CVOW) project has been delayed are false and grossly misrepresent the facts.“On April 29, anti-wind groups filed a petition in the United States District Court for the District of Columbia seeking to delay CVOW construction using the same meritless arguments as have already been rejected before by the courts, including last week by the U.S. Court of Appeals for the First Circuit in relation to an offshore wind project in Massachusetts.
Corvus Energy to Supply ESS for First Net Zero Subsea Construction Vessel
Corvus Energy has been selected by HAF Power Solutions (HPS) to supply Energy Storage Systems (ESS) for the Energy Subsea Construction Vessel (ESCV) to be built for shipowner REM Offshore.The new ESCV is of ST-245 design and will be the first vessel to perform heavy construction work in both offshore wind and the subsea market with net zero emissions. The vessel will be equipped with dual-fuel methanol engines and a 1.7MW battery system. The batteries will be used for spinning…
US Proposes Offshore Wind Auctions Off Oregon and Maine Coasts
The Biden administration on Tuesday unveiled a plan to sell offshore wind leases in waters off the coasts of Maine and Oregon later this year, saying projects in those regions could one day power a total of 6 million homes.The proposed sales are part of a five-year schedule of offshore wind auctions the Interior Department outlined last week. Putting wind turbines along every U.S. coastline is a cornerstone of President Joe Biden's agenda to decarbonize the electricity grid and combat climate change.In a statement…
DOF Secures $192M from Two Contracts with Petrobras
Norwegian offshore vessel operator DOF Group has secured two contracts with Brazil’s state-run oil and gas company Petrobras, worth over $192 million.Petrobras has awarded new long-term charter and service contracts to Norskan Offshore. and DOF Subsea Servicos Brasil, after a competitive tender process.The vessel Skandi Amazonas, which was on the spot market, is chartered for three years firm with two years mutually agreed option via Petrobras tender issued late in 2023, to operate…
Pioneering Spirit Booked for Gennaker Substation Installs
Dutch offshore contractor Allseas informs it has secured the contract to perform transport and installation (T&I) of two major substations (so called OSS) for the Gennaker offshore wind farm in the German Baltic Sea, developed by transmission operator 50Hertz.Located 15 kilometers off the German coast near the Darß peninsula, and with a production capacity of 900 MW, Gennaker will be the largest and most powerful offshore wind farm in the Baltic Sea to date.Awarded by the Dutch-Belgian HSI consortium – HSM Offshore Energy…
Esgian Week 17 Report: New Contracts for the North Sea
Esgian reports that new drilling contracts have been announced in the North Sea and West Africa in its Week 17 Rig Analytics Market Roundup.Report SummaryContractsShelf Drilling (North Sea) has secured a letter of award with an unnamed operator, believed to be TotalEnergies, for the 400-ft jackup Shelf Drilling Fortress for a campaign in the North Sea.Noble 12,000-ft 7th generation drillship Noble Venturer has secured new contracts in West Africa with Trident Energy and Rhino Resources…
SOVs – Analyzing Current, Future Demand Drivers
At a high-level, there are three solutions to transferring technicians from shore bases to offshore wind farms for construction and O&M activities: crew transfer vessel (CTV), helicopter, and SOVs/CSOVs.SOVs and CSOVs generally house 60-120 technicians offshore for a few weeks at a time, allowing them to transfer to structures on integrated heave compensated gangways, by daughter craft or on CTVs. The vessels are also equipped with cranes, storage, and small workshop areas.SOV: Service operations vessels…
Skanska Set for South Brooklyn Marine Terminal Buildout
Sweden-based construction and development company Skanska has signed the final contract award, worth $612 million, for the upgrade of the South Brooklyn Marine Terminal (SBMT) in New York, which will serve as an offshore wind hub.The project will transform the SBMT into one of the largest dedicated offshore wind ports in the United States and support Empire Wind offshore wind project, which is currently being developed by Equinor off New York.The award will facilitate the demolition of existing buildings…
Equinor Upbeat About Investor Interest in US Offshore Wind Farm
Norway's Equinor is confident of finding an investor for its planned Empire Wind 1 offshore wind farm in New York after a new power off-take agreement improved the project's economics, the company said on Thursday.New York State authorities in February awarded the project a new conditional power purchase contract, replacing a previous deal that was no longer competitive due to rising construction costs, higher interest rates and supply chain snags.Equinor was glad to have received the new contract, which significantly changed the economics of the project, CFO Torgrim Reitan told analysts durin