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Marine robotics company Ocean Infinity has taken delivery of the first two robotic vessels that will form part of the high-tech Armada fleet. The two ships have left Vard Vung Tau shipyard in Vietnam and are headed to Norway and Vard Søviknes. “Armada 7801 and 7802 have set sail from Vietnam and are headed to Norway.... Continue Reading →
Shipbuilder VARD has received 4,95 million Norwegian crowns (currently around $2,66 million) from the Norwegian Research Council to research the possibility of digitalized heating, ventilation, and air conditioning (HVAC) systems. These systems will contribute to obtain zero-emissons for Service Operation Vessels at offshore wind farms. "The urgent demand for renewable energy production has resulted in... Continue Reading →
“It is quite clear that liquid hydrogen is the cheapest option. It is much cheaper than ammonia when you look at the whole cycle of putting the hydrogen into the ammonia and taking the hydrogen out. If you can have liquid hydrogen which is stored without loss or very low loss, then liquid hydrogen is... Continue Reading →
(OED) UK-based offshore vessel operator North Star has secured a £140 million (currently around $171 million) financing package. The company, building a fleet of service operation vessels for offshore wind operations, said Tuesday it would use the funds to support the next phase of its ambitious offshore wind growth plan. The investment includes a £50... Continue Reading →
(OET) Italian oilfield services provider Saipem has decided to buy the Santorini ultra-deepwater drillship from South Korea’s Samsung Heavy Industries to strengthen its offshore drilling fleet amid the growing demand in the market. The Santorini drillship was initially ordered from Samsung Heavy by Ocean Rig and it was slated for delivery in the second quarter of 2017. Come... Continue Reading →
(Reuters) - Global renewable power capacity growth is set to double over the next five years, driven by energy security concerns in the wake of Russia's invasion of Ukraine, the International Energy Agency (IEA) said on Tuesday. In an annual report on the outlook for renewables, the IEA said capacity worldwide is expected to grow... Continue Reading →
(Reuters) - The United States on Tuesday is set to kick off the first sale of offshore wind development rights for waters off the coast of California, expanding the nascent domestic industry to the Pacific Ocean. The auction is a major milestone in the Biden administration's push to put wind turbines along every U.S. coastline... Continue Reading →
(MTR) This week, dozens of companies are expected to compete for the right to lease the first commercial wind power sites off the coast of California in a federal online auction that could kick-start the state’s next clean energy boom. Collectively, the winners will pay at least tens of millions of dollars for exclusive rights to submit... Continue Reading →
(RN) Floating wind turbines are crucial to the future of offshore wind, and to bring energy costs down to a competitive level, they require radically different thinking. French company Eolink is starting to build a full-scale demonstrator of its innovative pyramid-shaped floating wind turbine, which reduces materials and weight by more than 30%, and promises... Continue Reading →
(OE) Hans Jacob Bassoe, Contributor The recovering deepwater drilling market has encouraged drilling contractors to expand their fleet, and companies are now starting to purchase stranded assets in shipyards. A joint venture that includes Transocean recently announced the purchase of the stranded 7th Generation drillship West Aquila, while Stena Drilling still has its option to acquire... Continue Reading →
Brazil Energy Insight 