(OE) BlueFloat Energy has revealed the site location for its floating wind project, which will participate in the upcoming floating demonstration program, due to be launched by the Taiwanese government later in 2024. The ‘Winds of September Phase 1’ project, in development since 2021, will involve the installation of up to 12 floating platforms for... Continue Reading →
Borr Drilling Scoops $332M in Three Jack-Up Rig Contracts
(OE) Offshore drilling contractor Borr Drilling has secured contracts for three of its premium jack-up drilling rigs, which will be put to work in Brazil, Malaysia and Gabon. These contract and extensions for Borr Drilling’s Arabia I, Gunnlod and Norve jack-ups cover a total of 1,779 days and $332 million in contract revenue, including mobilization... Continue Reading →
Damen Shipyards contracted to build second Damen Commissioning Service Operation Vessel for TSSM
Ta San Shang Marine Co. Ltd. (TSSM), the joint venture between Mitsui O.S.K. Lines, Ltd. of Japan, and Ta Tong Marine Co., Ltd. of Taiwan, has ordered a second Damen CSOV (Commissioning Service Operation Vessel) 9020. With a delivery date planned for end 2026, TSSM will deploy the new vessel in Taiwanese offshore wind farms.... Continue Reading →
CIMC to Supply Hulls for Two FPSOs Being Built by Seatrium for Petrobras
(OE) CIMC Raffles, a subsidiary of CIMC Group, has secured engineering, procurement, and construction (EPC) contracts from Seatrium for the supply of the hulls for two floating production storage and offloading (FPSO) units being built for Brazil’s national oil and gas company Petrobras. With the latest agreement, CIMC Raffles has previously delivered two and is... Continue Reading →
Preparing for Floating Wind – Leveraging the Oil & Gas Supply Chain
Philip Lewis, Contributor Examining similarities and differences between the deepwater oil & gas and the emerging floating wind segment. (OE) There has been much excitement around the potential for the offshore wind industry to access deeper water sites through the deployment of floating wind technology. Further, there has been much discussion around the development and deployment... Continue Reading →
Fugro Gets Offshore Wind Survey Job in Japan
(OE) Fugro has been awarded a site characterization contract for a 684 MW offshore wind farm development off the coast of the Japanese cities of Murakami and Tainai, Niigate Prefecture, Japan. The offshore wind farm off the country’s west coast will be developed and realized by a consortium of RWE, Mitsui and Osaka Gas. Fugro’s... Continue Reading →
Diamond Offshore Agrees Marketing Rights for Three Drillships
(OE) U.S.-based offshore drilling company Diamond Offshore has secured the marketing rights for three seventh generation drillships - West Dorado, West Draco and West Libra, which will be renamed Tidal Action. Diamond Offshore entered into an agreement with Eldorado Drilling, the owner of the West Dorado and West Draco, to market the rigs in Brazil,... Continue Reading →
Noble CEO: Floaters to keep on reaping the benefits of offshore drilling market’s ‘multi-year uptrend’
(Offshore-energy.biz)Texas-headquartered offshore drilling contractor Noble Corporation is feeling buoyant over the future opportunities for its rig fleet, especially the floater segment, as the U.S.-based player anticipates a further rise in day rates and the number of long-term deals. This will enable the drilling giant to bolster its fleet utilization level. With new multimillion-dollar assignments in... Continue Reading →
Subsea7’s backlog remains ‘robust’ with high tendering in subsea and offshore wind
(Offshore-energy.biz) Subsea7 has reported a “robust” backlog of $10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured $7.4 billion of contract awards last year, taking its backlog... Continue Reading →
Vestas and Maersk to Build Offshore Wind Logistics Base in South Korea
(OE) Vestas has signed a memorandum of understanding (MoU) with A.P. Moller-Maersk, Jeonnam Province, and Mokpo City to build an offshore wind hub in Mokpo City in the Jeonnam Province, South Korea. Under the MoU, the parties will work together with the aim to establish a nacelle manufacturing plant and logistical base for offshore wind... Continue Reading →