(OE) Norwegian offshore energy industry services company Axess Technologies has won a concept engineering study contract with Wind Catching Systems (WCS), a developer of floating offshore wind technology. The scope of work entails an advanced handling system capable of replacing turbine blades and entire turbines, while also serving as a versatile work platform for inspection,... Continue Reading →
US Offshore Wind: Down but Not Out
(As published in the February 2024 edition of Marine News magazine by Eric Haun) “The winds of change are blowing wild and free.” – Bob Dylan In the U.S. offshore wind industry, developments over recent months have placed an exclamation point on the word “wild”. Yes, the wind still blows “free”, but mounting challenges have proven... Continue Reading →
Dutch gov’t issues offshore wind tender teaser
(OET) The Netherlands Enterprise Agency (RVO) plans to publish a European tender in the first half of April for geotechnical surveys of the Huibertgat and Ballonplaat sites in the Netherlands. The objective of the tender is to conclude an agreement with one or more tenderers who can carry out geotechnical investigations at the nearshore Huibertgat... Continue Reading →
Nearly 90 greenfield, brownfield project FIDs expected this year
(OM) Global energy demand continues to ramp up as the world economy emerges from the constraints of the COVID-19 pandemic. According to the US EIA, liquids consumption has grown by 10% over the past three years, averaging 101 MMb/d in 2023. The rebound in oil demand to above pre-pandemic levels continues to spur investments in... Continue Reading →
European Commission Allots $7.4B for Hydrogen Infrastructure
(RZ) The European Commission (EC) is allotting up to $7.43 billion (EUR 6.9 billion) in public funding for hydrogen infrastructure projects. The EC approved the third Important Project of Common European Interest (IPCEI), which aims to boost the supply of renewable energy in the European Union (EU), reduce dependence on natural gas, and help achieve... Continue Reading →
Huisman to Design and Build Offshore Wind Monopile Gripper for Cadeler
(OE) Dutch manufacturer Huisman has signed a contract with Danish offshore wind installation services firm Cadeler for the design and production of monopile gripper for the offshore wind industry. This marks the seventh gripper ordered at Huisman, reinforcing the company's position in the market for installation tools for the offshore wind industry. The monopile gripper,... Continue Reading →
Brazil, Guyana replace Urals in Europe
(Argus) Brazilian and Guyanese medium sweet grades have replaced Russian Urals in Europe and are unlikely to face competition from other crude producing Latin American countries, according to Gustavo Hooper, head of trading and shipping at Brazilian independent Prio. "After the changes with the Russia and Ukrainian war, China lost a bit of the market... Continue Reading →
Rovco Grows Offshore Wind Survey Fleet
(OE) Rovco, a UK-based subsea robotics and survey firm, has added a second hull mounted survey vessel to its fleet with the long-term charter of the DP2 vessel Glomar Worker. The four-year charter with Glomar comes in response to client demand for innovative geophysical and geotechnical survey solutions, according to the company. Rovco has started... Continue Reading →
TotalEnergies and European Energy Strengthen Offshore Wind Ties
(OE) French energy major TotalEnergies has signed an agreement with European Energy to develop offshore wind projects in three Nordic countries, including Denmark, Finland and Sweden. The agreement covers 405 MW of offshore wind power under development in Denmark, and new large scale offshore wind projects to be developed jointly by TotalEnergies and European Energy... Continue Reading →
Europe Installs Record-Breaking 4.2 GW of Offshore Wind in 2023
(OW) Europe’s offshore wind industry brought online a record 4.2 GW of new capacity in 2023 and is expected to build around 5 GW of offshore wind annually over the next three years, according to WindEurope data. However, this is still not enough to meet the continent’s 2030 climate and energy security targets, WindEurope added.... Continue Reading →