(OED) The floating offshore wind industry is in its early stages of development but is poised for rapid growth, with full commercialization possible in a little over a decade, according to a recent DNV survey. However, the industry faces challenges, including a lack of port infrastructure and anchor handlers, high cost, as well as an... Continue Reading →
Equinor starts offshore installation campaign in the Bacalhau field
(TN) Equinor has started the offshore installation campaign in the Bacalhau field, located in the Santos Basin. The work is performed under an integrated EPCI (Engineering, Procurement, Construction and Installation) contract with SIA - Subsea Integration Alliance, an alliance between OneSubsea® and Subsea7. Seven Pacific, Subsea7's construction/flex-lay vessel, capable of operating at depths of up... Continue Reading →
Floating production platform construction market maintains momentum from high oil, gas prices
By David Boggs, Energy Maritime Associates (OM) The floating production construction market continued to grow in 2022, maintaining a rebound that began in 2021. As we enter a new year, the industry sentiment remains buoyant, with most respondents optimistic about the future. Recently, Energy Maritime Associates conducted its tenth annual Global Floating Production Industry Survey, which... Continue Reading →
GE Wants to Build Offshore Wind Blade, Nacelle Manufacturing Sites in New York
General Electric recently filed a plan to build two new offshore wind manufacturing facilities in New York if it wins enough orders from companies in the state’s ongoing solicitation for up to 4.6 GW of offshore wind.GE proposed building the factories with Carver Companies at their Port of Coeymans site. The company said that, should... Continue Reading →
Floating Wind to Drive U.S West Coast Port Developments
Philip Lewis, Contributor (OE) In recent State of the Port address, the first held since 2020, the Port of Long Beach’s Executive Director David Cordero discussed the port’s plan to support California’s emerging floating wind industry. The Port of Long Beach has not yet been identified as a marshalling port for any one project. However, under its Zero Emissions,... Continue Reading →
Leading Light Wind Bids for New York Offshore Wind Contract
(OE) Leading Light Wind submitted its bid for an offshore wind power contract to the New York State Energy Research and Development Authority (NYSERDA) as part of New York's third competitive offshore wind solicitation. Leading Light Wind, led by Chicago-based Invenergy and New York-based energyRe, proposes delivering up to 2,1 GW of electricity to the... Continue Reading →
Vestas expects slower year ahead after 2022 sales disappoint
(Reuters) - Vestas (VWS.CO) on Friday warned of a slower year ahead after the wind turbine maker posted disappointing 2022 sales hurt by project delays and impairments. The company said slow permitting processes in Europe and dampened U.S. activity before the impact of the Inflation Reduction Act kicks in will mean fewer wind turbine installations this year.... Continue Reading →
Half of US Offshore Wind Pipeline at Risk of Delays Beyond 2030 – Report
(OWB) Half of the US offshore wind energy projects in the pipeline are at risk of being delayed beyond 2030 because of limited port and vessel infrastructure and domestic manufacturing, according to a new report co-authored by the National Renewable Energy Laboratory (NREL) and the Business Network for Offshore Wind. The US has set the... Continue Reading →