BV to Certify Floating Wind Farm in S. Korea

Bureau Veritas, a testing, inspection, and certification company, will work with the Korean Register (KR) to certify Bada Energy's Gray Whale 3 floating offshore wind farm project in Ulsan, South Korea. Gray Whale 3 floating offshore wind farm is a product of a partnership between Corio Generation, a Green Investment Group company, and the French... Continue Reading →

Application period closes for Scottish offshore wind round targeting oil & gas decarbonization, innovation projects

(OET) Crown Estate Scotland has closed the window for applications under its Innovation and Targeted Oil and Gas (INTOG) leasing round, dedicated to offshore wind projects that will directly reduce emissions from oil and gas production and to small scale innovation projects, including alternative outputs such as hydrogen. A two-week registration window for INTOG opened... Continue Reading →

Transocean to Buy Newbuild Ultra-Deepwater Drillship from DSME Ordered by Seadrill in 2013

(OE) Offshore drilling contractor Transocean said Thursday that it had together with Perestroika and funds managed by Lime Rock Management L.P created a joint venture, Liquila Ventures. Liquila Ventures agreed with Daewoo Shipbuilding & Marine Engineering Co., Ltd. (“DSME”), to purchase Hull 3623, the ultra-deepwater newbuild drillship formerly known as West Aquila, for approximately $200 million.... Continue Reading →

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