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(OE) Singapore's Seatrium, through its subsidiary Sembcorp Marine Offshore Platforms Pte. Ltd. (“SMOP”), has secured a contract worth more than S$500 million for two offshore wind farm substations from Empire Offshore Wind, a joint venture between Equinor and BP. The contract award follows the completion of the FEED (Front-End Engineering and Design) contract secured by... Continue Reading →
Vietnam aims to more than double its power generation capacity by 2030, but has slightly lowered its target for offshore wind and will heavily rely on coal until the end of the decade, according to a government document seen by Reuters. Total installed power generation capacity in the Southeast Asian country is projected to reach... Continue Reading →
(OM) Noble Corp drillship Noble Globetrotter I should start a contract offshore Mexico shortly following an extended permitting delay, the company said in its latest results statement. As for other vessels in the company’s 16-strong fleet, the Noble Gerry de Souza has sailed from the US Gulf of Mexico (GoM) to Nigeria. Noble Discoverer is due to begin a one-well contract... Continue Reading →
Theodor Sørlie, Contributor (OE) As the world continues to scramble for renewable energy, floating offshore wind has emerged as a key capacity enabler in the coming decades. With no major commercial scale projects currently in operations, the segment is largely based on governments and developers ambitious project plans for the future. Nonetheless, this market segment can... Continue Reading →
Philip Lewis, Contributor (OE) Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain. There has been much focus on the emerging floating wind market of late. The U.K. is forging ahead with commercial scale floating wind developments through the Scotwind and INTOG awards of... Continue Reading →
(OW) Spain-headquartered BlueFloat Energy and Greenvolt have joined forces to develop offshore wind projects in Portugal. According to the partners, Portugal holds great potential for offshore wind, which is now recognised by the national policymakers who seek to unlock the potential of this technology to deliver on the country’s decarbonisation targets. Portugal has recently identified... Continue Reading →
(OE) Danish wind turbine maker Vestas said Tuesday it had won an order from Hibiki Wind Energy to supply being turbines for the Kitakyushu-Hibikinada offshore wind farm project in Japan. The offshore wind project is located offshore Kitakyushu city, Fukuoka prefecture. Under the wind turbine order, Vestas will supply and install 25 V174-9.5 MW offshore... Continue Reading →
(Reuters) After a bumper year for floating offshore wind farm tenders, the nascent industry is poised for explosive growth in the coming decade as countries strive to cut their carbon emissions. But it's unlikely to be all plain sailing. Rising costs and supply chain bottlenecks have hit some projects and without investment in infrastructure to... Continue Reading →
(OM) Remazel Engineering, with work and support from Remazel Asia, has been awarded a contract for the design and manufacturing of a permanent mooring connecting system for floating offshore wind and fish farm integration application by the Chinese company LONGYUAN ZPMC, part of China Longyuan Power. This pilot project is an integrated system of a floating wind turbine and marine aquaculture, and it will be... Continue Reading →
Singaporean conglomerate Keppel Corp Ltd on Thursday posted a higher net profit for the first quarter, boosted by a significant one-off gain recognized from the sale of its offshore & marine unit. In February, Sembcorp Marine completed a S$4.50 billion ($3.37 billion) buyout of Keppel's offshore & marine unit after receiving the necessary shareholder approvals.... Continue Reading →
