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Demand for specialized installation vessels has soared over the past year in response to the growth of the offshore wind energy market, as turbines get larger and project size increases in scale and scope. According to Westwood Global Energy Group, in Europe the average size of turbines currently under construction is 9.3 MW. However, 20-MW... Continue Reading →
(OE) French energy industry giant TotalEnergies has partnered with the Norwegian company Semar in the development of the innovative Honeymooring solution, which, according to TotalEnergies, will contribute to lowering the floating wind costs and reducing seabed footprint. TotalEnergies said that floating offshore wind turbines have removed the depth constraints but raised the challenge of cost-effective,... Continue Reading →
SBM Offshore has issued a progress report on various FPSO construction programs in its latest results statement. The third stage flash gas compressor on the Liza Destiny, which operates on the Liza field offshore Guyana, remains stable and continues to operate. Engineering is in progress on a re-designed flash gas compressor, which should be installed around mid-year.... Continue Reading →
Engineering and technology group, Technip Energies has acquired a 16.3% stake in X1 Wind, a startup that has designed "an innovative and disruptive" offshore wind turbine floater. Technip Energies is the lead investor in this funding round, which also counts with the participation of the European Commission-owned European Innovation Council (EIC) Fund, advised by the... Continue Reading →
Offshore wind turbine makers have been working to build increasingly bigger turbines, and the likes of GE, Siemens Gamesa, Vestas, and MingYang have in the past two years or so unveiled designs for giant 14-16MW rated units.It has been said that larger turbines, while more expensive per unit, reduce the overall cost of large-scale offshore wind... Continue Reading →
FPSO operator BW Offshore has decided to sell one of its FPSO vessels as part of its strategy to transition to floating energy infrastructure investments. BW Offshore has signed an agreement for the sale of the FPSO BW Joko Tole to PT Bahari Inti Tanker and PT Cahaya Haluan Pasifik, both of which are Indonesian companies, in... Continue Reading →
Swedish floating wind tech firm Hexicon said Friday its Twin Hub stepping stone project had been awarded a marine license for the installation of an offshore floating wind demonstrator in the Celtic Sea. "Twin Hub floating demonstrator project in the Celtic Sea has now been awarded a marine licence, for a renewable energy test site... Continue Reading →
BW Ideol, a company specializing in floating offshore wind solutions has signed an investment agreement with Japan's JERA, and France's ADEME Investissement to create an investment company for financing the co-development of offshore wind projects using BW Ideol’s patented Damping Pool technology over the next 5 years. JERA is Japan’s largest utility company, and ADEME... Continue Reading →
(RE) Hexicon has teamed up with Avapa Energy to form a joint venture in Italy to develop floating wind projects in Italian waters. AvenHexicon is a 50:50 JV, which will have Hexicon license its patented technology for use in projects and for use by third parties. Hexicon said it has been looking for a partner... Continue Reading →
From being an ugly duckling, floating offshore wind is now the Cinderella of the offshore renewables world. Attention is now being paid to floating and even subsea substation concepts to help bring this power to shore. (OE) Over the past year, expectations around the growth in the floating offshore wind development have grown, significantly. Many... Continue Reading →
