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Wind turbine maker Siemens Gamesa has appointed Christian Bruch, who is President and Chief Executive Officer of Siemens Energy AG and member of Siemens Gamesa’s Board of Directors, as its new non-executive Chairman. Born in 1970 in Düsseldorf, Germany, Bruch holds a doctorate in engineering from the Swiss Institute of Technology Zurich (ETH), Switzerland. He... Continue Reading →
(BJ) Prumo Logística and TotalEnergies signed a memorandum of understanding to install logistical support bases at the Port of Açu that will support the construction and operation of offshore wind farms. The agreement with the French multinational is the third of its kind signed by Prumo, which owns the port and intends to turn it... Continue Reading →
(OED) Offshore wind developer Vattenfall said Thursday it had hit the halfway mark with the installation of wind turbines at the Hollandse Kust Zuid (HKZ) wind farm offshore the Netherlands. “We're halfway towards having constructed the world’s first offshore wind farm built without subsidies, a major milestone we can all be very proud of,” says Søren... Continue Reading →
Subsea 7 has reported a revenue of $1.4 billion for the third quarter of 2022, a decrease of $47 million or 3% compared to Q3 2021, mainly due to a drop in revenue in the Subsea and Conventional business unit. Revenue for the third quarter of the Subsea and Conventional unit was $990 million, a... Continue Reading →
After months of absence, Seadrill, an offshore drilling contractor, has returned to the Oslo Stock Exchange (OSE). Back in February 2021, Seadrill filed for Chapter 11 bankruptcy, its second in about four years. It took about a year of restructuring for Seadrill to emerge from bankruptcy. The relisting updates came about two months after this. Come... Continue Reading →
(OE) Over the last few years, many statements have been made concerning growth in offshore wind turbine and foundation installation demand. These statements have been followed, in some cases, by firm orders for high-specification vessels, mainly from established players. However, many of the announcements remain unconverted into shipyard orders. According to a new report released... Continue Reading →
(OET) Offshore drilling contractor Valaris has revealed that one of its rigs has completed its task in the U.S. Gulf of Mexico (GOM) with Murphy Oil, a Houston-based oil and gas company. As a result, the rig moved to Mexico to embark on drilling assignments, which were secured earlier this year. Back in January... Continue Reading →
(OE) Oil and gas exploration is likely to continue to have an important role in the decades to come, a view reinforced by the 2022 energy crisis and growing energy security needs, according to energy intelligence group Westwood. In the offshore drilling space, Westwood says that the year 2022 has seen a continued increase in... Continue Reading →
(Reuters) Siemens Energy on Wednesday reported a record order backlog of nearly 100 billion euros ($104 billion), boosting its shares and overshadowing a widening net loss blamed on its struggling wind turbine division, Siemens Gamesa. Siemens Energy - which provides services and equipment to the power sector, such as gas and wind turbines - said... Continue Reading →
Vattenfall has issued a call for tenders under which it will award a framework agreement for cable testing and fault-finding services for its offshore wind farms in Europe. The tender is divided into three lots. The company is looking to award a framework agreement with a maximum of five contractors per lot for the repair... Continue Reading →
Brazil Energy Insight 