All 13 monopile foundations have been installed at the South Fork Wind Farm site offshore New York, the state’s first offshore wind farm. Boskalis’s offshore installation vessel Bokalift 2 was responsible for the transporting and installation of the foundations, as well as the one for the substation, the first American-built offshore wind substation. More than 350 workers across... Continue Reading →
DemoSATH Floating Wind Platform Installed Offshore
The DemoSATH floating wind technology project in Spain has achieved a significant milestone with the successful installation of its 2MW floating wind platform demonstrator in open sea waters. The operation, carried out by the Windstaller Alliance, used their anchor handling vessel, the Normand Sapphire, along with local tugboats, to tow DemoSATH from the construction site... Continue Reading →
Solstad Offshore Wins $100M Vessel Contracts with PRIO and Equinor in Brazil
Solstad Offshore has been awarded two contracts worth $100 million in total from Brazilian clients. The Norwegian offshore vessel owner said that its construction support vessel, Normand Pioneer, won an extension of its charter contract with the Brazilian oil company PRIO for a period of 18 months to August 2025. The vessel will support PRIO's... Continue Reading →
Wilson Sons’ profit increases 23% in the first half. Revenues up 9% to R$1.2bn
Wilson Sons, a leader in port and maritime logistics in Brazil, recorded profit of R$197 million in the first half of this year, 23% higher than the same period in 2022. In the second quarter of 2023, the company's profit was R$111 million, an increase of 583% compared to the same period last year. Net... Continue Reading →
SBM Offshore updates in the works of three FPSOs ordered by Petrobras
SBM Offshore announced to the market this week its financial and operational balance sheet for the first half of the year. One of the main highlights of the report concerns the updates in the works of three FPSOs ordered by Petrobras (Sepetiba, Almirante Tamandaré and Alexandre de Gusmão). In these three projects, the company is... Continue Reading →
Petrobras announces installation of the first fully electric FPSO platform in the Campos Basin – Espirito Santo
(C) The first platform with fully electrified (all-electric) combined cycle systems in the country will be installed off the coast of Espírito Santo in 2025, announced Petrobras, the project will allow greater operational efficiency, in addition to reducing greenhouse gas emissions. The confirmation of the platform, called FPSO Maria Quitéria, which will be located in... Continue Reading →
Windar Renovables to Manufacture 21 Transition Pieces for Iberdrola’s Windanker Offshore Wind Farm
(OE) Spanish renewables energy company Iberdrola has awarded Windar Renovables a contract to manufacture 21 transition pieces for the Windanker offshore wind farm in German waters. Production will be carried out at the Avilés facilities, with the collaboration of a large number of Spanish suppliers in the manufacture of the secondary structure, which will be integrated in... Continue Reading →
SBM Offshore’s H1 core profit misses estimates, falls below 2022 level
(Reuters) - Dutch oil and gas services company SBM Offshore (SBMO.AS) reported on Thursday half-year earnings before interest, tax, depreciation and amortisation (EBITDA) that missed consensus estimates and fell below the year-earlier level. It partly attributed the drop to ongoing supply chain challenges and a reduced contribution from the Almirante Tamandaré floating production, storage and offloading (FPSO)... Continue Reading →
ROVCO Wins Survey Work at Proposed 1.4GW Floating Wind Farm Site
(OE) Rovco, a UK-based subsea robotics and survey firm, has won a contract with Flotation Energy to carry out a geo-environmental survey at its planned Cenos floating offshore windfarm, 200 kilometers off the north-east coast of Scotland. Located in the Central North Sea, the planned 1.4 GW Cenos floating wind development will cover approximately 333 km2. ... Continue Reading →
Siemens Energy’s wind division expected to break even in 2026 – JPM, Deutsche
(Reuters) - Siemens Energy's (ENR1n.DE) troubled wind turbine division is not expected to break even before 2026, analysts at JPMorgan and Deutsche Bank said on Wednesday, adding the unit's recovery would take longer than expected amid far-reaching problems. Frankfurt-listed shares in the company were trading 0.79% lower at 0653 GMT, two days after the group disclosed a... Continue Reading →