Prosafe has provided a status report on its fleet of accommodation support rigs in its latest results review. Late last year Safe Zephyrus completed its contract with bp at ETAP in the central UK North Sea and is presently heading west from the Canary Islands to Brazil to start a program for Petrobras on May 1. Earlier this month, Safe... Continue Reading →
Saipem Aims to Raise €750 Million from Asset Sales
(Reuters) Italian energy services group Saipem aims to raise about 750 million euros ($796 million) from the partial sale of assets in its drilling business, CEO Alessandro Puliti said on Tuesday, citing shallow water vessels in particular. Saipem, in which energy group Eni and Italian state lender CDP own stakes, has pledged to sell assets... Continue Reading →
Vestas to Supply 15MW Turbines for 1.6 GW Offshore Wind Farm Cluster in Germany
RWE and Northland Power have selected wind turbine maker Vestas as the preferred supplier for their up to 1.6-gigawatt (GW) cluster consisting of four offshore wind farm sites in the German North Sea. A minimum of 104 15 MW Vestas offshore wind turbines (Type: V236-15.0 MW) are planned to be installed north of the island... Continue Reading →
A Siemens Energy Survey sees Latin America lacking in the energy transition but with a positive outlook
Latin America is the region with the lowest level of readiness for the energy transition on the planet. The finding is from a new study recently published by Siemens Energy. According to the survey, countries in the region have a considerable expansion of renewable energy, but technologies such as power-to-X (synthetic fuels and green derivatives)... Continue Reading →
Solstad reports highest-ever quarterly order intake
Offshore energy clients have been spoiled over the last 7-8 years with all types of vessels being always available at a low price, however, this could quickly change, Solstad Offshore’s CEO Lars Peder Solstad stated as the company had reported its highest-ever quarterly order intake for the fourth quarter of 2022. The fourth quarter of... Continue Reading →
Boskalis Secures Major Role in Development of Scottish Offshore Wind Farm
(OE) Dutch marine and offshore services firm Boskalis said Tuesday it had secured a multidisciplinary role in the development of the Moray West offshore wind farm in Scotland. On behalf of its client, Ocean Winds, Boskalis said it would carry out "a large number of the activities" contributing to the development of the offshore wind... Continue Reading →
Eni Angola goes on a hat-trick award spree
Eni Angola, a wholly-owned subsidiary of Azule Energy, has awarded Malaysian FPSO operator Yinson with a contract to deliver a floating, production, storage and offloading (FPSO) asset for the Agogo field development located offshore Angola. Under the firm contract, Yinson will provide, operate and maintain the FPSO for the Agogo Integrated West Hub Development Project,... Continue Reading →
Odfjell Oceanwind Launches Floating Wind Foundation Design for 15MW Turbines
(OE) Norwegian floating offshore wind engineering firm Odfjell Oceanwind has launched a floating wind foundation design, the Deepsea Star, that will be able to take 15 MW and larger wind turbine generators (WTGs). The company has previously received basic design approval from DNV for its Deepsea Semi 12MW foundation. According to Odfjell Oceanwind, the new design,... Continue Reading →
Saipem Raises Expectations after Exceeding 2022 Targets
(Reuters) Italian energy services group Saipem on Monday raised its earnings expectations for 2023 and the next few years after beating 2022 targets as its restructuring plan started to bear fruit. The company reported adjusted core earnings of 595 million euros ($631 million) on sales of 9.98 billion euros last year. This compares with the... Continue Reading →
DNV, Partners Launch JIP to Assess Offshore Wind Installation Emissions
The maritime classification society DNV has, with its partners, launched a joint industry program to establish a monitoring and reporting framework for assessing greenhouse gas (GHG) emissions in the offshore wind installation sector. The partners of the JIP called EMRED, comprise energy companies, ScottishPower Renewables, RWE, Vattenfall, and Orsted, and installation and operation companies, Jan... Continue Reading →