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(OE) Siemens Gamesa has produced the first nacelles for over 14 MW-rated offshore wind turbines that will be deployed at Moray West offshore wind farm in Scotland. The nacelles were produced at Siemens Gamesa’s Cuxhaven factory in Germany. According to the company, the nacelles are currently awaiting shipment, before being fitted with the B108 blades... Continue Reading →
Energos Celsius floating storage and regasification unit (FSRU), on a long-term for New Fortress Energy (NFE), has arrived to NFE’s LNG terminal in Barcarena in Brazil’s Pará state. The FSRU Energos Celsius was built by Seatrium and delivered to NFE in December 2023, which then departed from Singapore to Brazil. The FSRU has a nominal regasification... Continue Reading →
(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported fourth quarter 2023 results. President and Chief Executive Officer Anton Dibowitz said, "We continue to execute on our operating leverage by repricing rigs from legacy day rates to meaningfully higher market rates and successfully delivering reactivated rigs with attractive contracts. At the same time,... Continue Reading →
Despite suffering an adjusted net loss of $74 million during fourth-quarter 2023, offshore drilling company Transocean is in the midst of an upcycle, which CEO Jeremy Thigpen presciently predicted in the company’s third-quarter 2023 earnings call. Now it just needs to pay off. After a tough fourth quarter, Transocean expects to see a meaningful increase in demand for “longer-duration... Continue Reading →
(OE) The first components of the floating wind turbine, developed by renewable energy company Eolink as part of the France-Atlantique Project, arrived at the port of Brest. The project will deliver the largest operational floating wind turbine on the French Atlantic coast to meet the energy needs for 6,500 people. The arrival of the inaugural... Continue Reading →
(Reuters) Renewable energy firm Avangrid and fund manager Copenhagen Infrastructure Partners said on Thursday their joint venture, Vineyard Wind 1, has begun operations at five of its wind turbines, supplying 68 megawatts (MW) to the New England grid. Currently, the project has successfully installed nine turbines and is in the process of installing the 10th,... Continue Reading →
(OE) The United States’ Bureau of Ocean Energy Management (BOEM) approved the Construction and Operations Plan (COP) for Equinor’s Empire Wind project, marking another milestone in advancing the New York offshore wind project. With this permitting action by BOEM secured, Empire Wind is on track to begin construction in its federal lease area off the... Continue Reading →
(Reuters) U.S. utility firm Dominion Energy said on Thursday it would sell a 50% non-controlling interest in its Coastal Virginia offshore wind farm to Stonepeak to help fund construction of the roughly $10 billion project. Dominion said it would retain full control of the construction and operation of the project, with Stonepeak to pay for... Continue Reading →
U.S. offshore energy industry equipment maker Dril-Quip has been selected to supply the subsea wellhead systems for the Woodside Energy's Trion development offshore Mexico. The Trion project, a greenfield deepwater development, includes 24 wells across two phases. Woodside's decision to use Dril-Quip's BigBore IIe Subsea Wellheads will leverage the system's field-proven sealing technology and 2... Continue Reading →
(OET) Norway’s asset integrity management company Axess Group and Guyana Logistics and Support Services (GLASS) have established a joint venture (JV) to launch an engineering and asset integrity management (AIM) firm in Guyana. Axess has been delivering services including design, inspection, maintenance, certification, modification, engineering, and installation of equipment for both offshore and onshore installations,... Continue Reading →
Brazil Energy Insight 