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(OW) Offshore wind turbine and foundation installation companies Cadeler and Eneti have signed a business combination agreement to establish a new company. The parties said this will enable them to operate more efficiently and target larger and more complex projects as requested by customers. They agreed to merge through a stock-for-stock exchange offer to be... Continue Reading →
(PN) As of today, the domestic Oil & Gas market will have a new company operating ultra-deep water drilling assets. Created from the restructuring of the Ocyan Drilling Unit, Foresea is born with a totally independent operation and with great potential for new investments. Its main shareholders are international funds. Under the presidency of the... Continue Reading →
(OET) UK-headquartered oil and gas company Tullow Oil is mulling over all options for its interest in an oil field located offshore the Ivory Coast. This comes after BW Offshore secured a short-term contract extension for one of its floating, production, storage and offloading (FPSO) vessels, which is working at the field. As Tullow Oil’s... Continue Reading →
(OE) German renewable energy firm RWE has signed an agreement with Luxembour-based offshore installation firm Jan De Nul Group to secure the long-term usage of two next-generation installation vessels, “Les Alizés” and “Voltaire, for future offshore wind foundation and turbine construction. The charters are supported by a Service Agreement through which Jan De Nul Group... Continue Reading →
(OE) The installation of the first monopiles and transition pieces has kicked off for the first commercial-scale offshore wind farm in the United States - the Vineyard Wind 1. “We can finally say it – as of today, there is ‘steel in the water,’” said Klaus S. Moeller, CEO of Vineyard Wind, the company developing the Vineyard Wind... Continue Reading →
(OW) Japanese-based Mitsui O.S.K Lines (MOL) and its compatriot Toyo Construction have established a joint venture focusing on offshore wind power generation. Through the joint venture, the companies said that they will create stronger synergies in a wide range of areas related to offshore wind, including survey planning, procurement of work vessels, and offshore construction.... Continue Reading →
ABB said Monday it had secured a large order from Yantai CIMC Raffles Offshore Ltd., to deliver an integrated bridge-to-propeller technology for Havfram Wind’s two new NG20000X-HF Wind Turbine Installation Vessels (WTIVs). The vessels will be able to install offshore wind turbines with a rotor diameter of more than 300 meters, as well as XXL... Continue Reading →
(OE) Skandi Buzios, a pipelay support vessel owned by TechnipFMC and DOF, reportedly caught fire Friday morning in a Brazilian port. The Brazilian media and some social media accounts on Friday showed images and videos of the burning vessel with thick smoke billowing above it and firefighters trying to quell the fire. The incident reportedly happened at... Continue Reading →
(Bloomberg) — Every morning, more than 600 workers clock in at the Louisiana shipyard where the Eco Edison, the first US-built vessel to service offshore wind farms, is under construction. At quitting time, a parade of pickups and dusty sedans forms a traffic jam on the road back into town, past buildings that serve the... Continue Reading →
(OET) As the green energy push gathers speed, propelling the shift to renewable energy sources forward, this raises concerns about oil and gas projects being in danger of turning into stranded assets while the world hurtles towards net-zero. However, the potential of converting the existing fossil fuels infrastructure for use in the offshore wind industry... Continue Reading →
