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Floating Wind and the Taming of Subsea Spaghetti

Oct 31, 2024

Preparing for industrialization, the floating offshore wind industry is tackling its unique mooring and cabling challenges.The idea of keeping floating offshore wind platforms in place using dynamic positioning has been considered. The trouble is: it could take up to 80% of the electricity generated by the turbine to do it.So, as Maersk Supply Service said a few years back: In a field of 100 turbines with 4-5 mooring lines each…

ABS Gives Its Blessing to SHI’s Ammonia FPSO Design

Oct 02, 2024

American Bureau of Shipping (ABS) has issued an approval in principle (AIP) to Samsung Heavy Industries (SHI) for its new design of an ammonia floating production storage and offloading (FPSO) unit.Called Samsung Ammonia Blue, the concept features…

China’s First Offshore Wind Power SOVs Delivered

Aug 16, 2024

AUGUST 16, 2024 - Today, the first two China-built offshore wind power SOVs (Service Operation Vessels) ZHI ZHEN 100 and ZHI CHENG 60 was held in Qidong, China. The two SOVs were delivered by Shanghai Zhenhua Heavy Industries Co., Ltd. to Shanghai Electric Wind Power Group Co…

Preparing for Floating Wind – Leveraging the Oil & Gas Supply Chain

Jun 28, 2024

Examining similarities and differences between the deepwater oil & gas and the emerging floating wind segment.There has been much excitement around the potential for the offshore wind industry to access deeper water sites through the deployment of floating wind technology…

Leaky Platforms: Pemex Knocked for Delayed Repairs, "Vast" Methane Leaks

Mar 22, 2024

Pemex reportedly put off urgent repairs and maintenance at an important offshore platform for months, resulting in methane spewing into the atmosphere, according to internal documents and three sources familiar with the infrastructure.New data…

Floating Production – A Growing Segment in Transition

Feb 22, 2024

The specialized deepwater oil & gas and floating offshore wind segments will share many of the same stakeholders and supply chains, competing for increasingly scarce resources.To receive a full version of Inteletus analysis, click hereThe established…

Offshore Wind: Taiwan's First DP3 Heavy Lift and Installation Vessel Completed

Jun 30, 2023

The construction of the 'Green Jade' DP3 heavy lift and installation vessel, the first such vessel built in Taiwan, was completed Friday.The vessel was commissioned by the CDWE consortium consisting of Belgium's DEME Offshore and Taiwan's CSBC…

Siemens Energy Shares Tumble 31% as Wind Turbine Troubles Exposed

Jun 23, 2023

Siemens Energy saw $6.3 billion wiped off its market capitalization on Friday after warning that the impact of quality problems at its Siemens Gamesa wind turbine business would be felt for years.The group scrapped its 2023 profit outlook late…

Aramco Q1 Profit Falls 19% to $31.9B

May 09, 2023

Saudi oil giant Aramco posted a first-quarter net profit of 119.54 billion riyals ($31.88 billion) on Tuesday, a fall of about 19% from the previous year.It said the drop was mainly driven by lower crude prices, although partially offset by…

Inpex Submits Revised Abadi LNG Plan with Carbon Capture and Storage Component

Apr 04, 2023

Japanese oil company Inpex has submitted a revised development plan for Abadi LNG project in Indonesia, incorporating a carbon capture and storage (CCS) component, on behalf of the INPEX-Shell joint venture.Inpex has amended the plan of development…

Ørsted to Build Two Offshore Wind Farms in Taiwan

Mar 31, 2023

Ørsted has made a final investment decision to go ahead with its planned 920 megawatt (MW) Greater Changhua 2b and 4 offshore wind farms in Taiwan with expected completion by the end of 2025, the Danish energy group said on Friday. Ørsted was…

EU Firms Look to Set Up Offshore Wind Turbine Plants in Vietnam

Feb 23, 2023

European manufacturers are considering investing hundreds of millions of dollars in Vietnam to build wind turbine plants, sources familiar with the situation said, as the country gears up to exploit its large untapped potential in offshore wind…

DEME Wins Large Offshore Wind Installation Contract in Taiwan

Nov 09, 2022

Belgium-based offshore installation company DEME said Wednesday it had secured contracts representing 1 GW for the Hai Long wind farms in Taiwan. DEME said that the deal between its Taiwan JV CSBC-DEME Wind Engineering (CDWE) and Hai Long Offshore…

DPS Safety Alert Follows DP3 Drillship Blackout Investigation

Nov 01, 2022

The United States Coast Guard issued the following Marine Safety Alert rergarding Dynamic Positioning Systems.Dynamic positioning (DP) systems1 meeting equipment class 2 (DP2) and equipment class 3 (DP3) have control features and redundancies…

Elenergy Selects DNV as Owner's Engineer for S. Korea's Largest Offshore Wind Farm

Oct 26, 2022

Elenergy Co Ltd, a Korean renewable energy development firm, has hired DNV as the owner's engineer for its 1.5 GW fixed-bottom Chujin offshore wind project.The Chujin offshore wind farm will be the largest commercial-scale offshore wind farm in South Korea…

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