Denmark-headquartered Maersk Supply Service has revealed that one of its anchor handling tug supply (AHTS) vessels, which is believed to be the world’s first hybrid-electric anchor handler, has completed sea trials offshore Norway, following upgrades. Maersk Supply Service has steadily been reducing its emissions since 2018 through a combination of initiatives, such as energy-efficient operations... Continue Reading →
Transocean Takes Delivery of World’s First 8th Generation Drillship
(OE) Singapore-based shipbuilder Sembcorp Marine has delivered the world's first 8th generation drillship, the Deepwater Atlas, to its owner Transocean. The Deepwater Atlas is the first of two ultra-deepwater drillships based on the Sembcorp Marine's Jurong Espadon 3T design. The completed drillship features three-million pound hook-load hoisting capacity and, according to the rigbuilder, sets a... Continue Reading →
Offshore wind industry growth falling short of net zero goals
(Reuters) - The global offshore wind industry had a record year in 2021 in terms of new capacity but is still projected to fall short of the International Energy Agency's net zero goals by 2030, a Global Wind Energy Council (GWEC) report said on Wednesday. More giant offshore turbines were installed in 2021 than in... Continue Reading →
Offshore Wind Vessels Get ‘Vessel of National Interest’ Designation by U.S. MARAD
The U.S. Maritime Administration (MARAD) last Friday designated offshore wind vessels as vessels of national interest making them eligible for financial support through the Title XI Federal Ship Financing Program (Title XI). The Federal Ship Financing Program - commonly referred to as "Title XI" based on the part of the Merchant Marine Act of 1936 that... Continue Reading →
Corio Brazilian offshore wind push
Last week, Corio also announced five offshore wind projects totalling more than 5 GW in early-stage development off Brazil. Corio intends to develop five projects in Brazil, subject to finalisation of documentation and regulatory approvals, alongside leading Brazilian power generation company Servtec, which has been in the renewables sector for more than 20 years and... Continue Reading →
Subsea 7 starts floating offshore green hydrogen collaboration with OneSea
Subsea 7 has entered into a Memorandum of Understanding with the Dutch hydrogen technology developer, OneSea Energy, to collaborate in the field of floating offshore green hydrogen production. The Memorandum of Understanding provides that OneSea and Subsea 7 will move forward together in exploring and developing field-specific solutions for offshore hydrogen production. Both companies will... Continue Reading →
Biden, 11 U.S. states to boost support for offshore wind energy
(Reuters) - The Biden administration is partnering with 11 East Coast states to accelerate development of offshore wind facilities and create jobs by supporting a domestic supply chain for the industry, the White House said on Thursday. The move is part of President Joe Biden's push to fight climate change by expanding clean energy technologies.... Continue Reading →
Ocean Winds to Spend $3.15B on Offshore Wind Projects by 2025
(Reuters) Ocean Winds, a joint venture between Portugal's main utility EDP with French company Engie, plans to invest 3 billion euros ($3.15 billion) to develop offshore wind projects by 2025, the chief executive of EDP told Reuters on Thursday. The equal partners in the venture are targeting up to 7 gigawatt (GW) of new capacity... Continue Reading →
15 GW of Floating Wind Capacity to Come Online by 2030 – Westwood Analysis
Westwood Global Energy Group (Westwood) has revealed that of the 121 GW worth of floating offshore wind projects that the company is currently tracking using its WIndLogix intelligence software, close to 15 GW of floating wind capacity is expected to come online by 2030. Westwood says that 15 GW of capacity will account for four... Continue Reading →
Steelmaking giant enters offshore wind, green hydrogen industries
German energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany. The partnership centres on driving forward the production of carbon-neutral steel,... Continue Reading →