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Floating Wind Prize Grows, But Not Without Risks

Oct 12, 2022

Industry interest in floating offshore wind in the UK has seen rapid growth, but a race to the bottom in terms of cost, as well as port and manufacturing capacity, could mean targets are not met and challenge the long-term sustainability of the industry…

FOW Players Target 132kV Dynamic Cables

Oct 12, 2022

UK industry players are eying the development of 132kV dynamic array cables to meet the demands of ever larger turbines, but there are calls for standards to be agreed before they invest.The need for 132kV cables is being driven by the growth is turbine capacity to 15MW and beyond…

Israel Fast-tracks Lebanese Maritime Deal but Lawmaker Review Looms

Oct 12, 2022

Top Israeli ministers on Wednesday endorsed a U.S.-brokered deal to delineate a maritime border with Lebanon, paving the way for a potentially fractious two-week parliamentary review before it goes into force.Prime Minister Yair Lapid's security cabinet said the deal should be 'urgently' green-lit…

Global Floating Offshore Wind Project Pipeline Hits 185GW Mark, RenewableUK Says

Oct 12, 2022

The total pipeline of floating offshore wind projects has more than doubled in the past 12 months in terms of capacity worldwide, from 91GW a year ago to 185GW now, according to a report published by RenewableUK on Tuesday.According to the report…

VIDEO: 'Historic Moment' as Seabed Nodules Collected and Lifted to Production Vessel Using 4 km Riser

Oct 12, 2022

The Metals Company (TMC) said Wednesday it had collected an initial batch of seafloor polymetallic nodules, and transported them up a 4km-long riser system to the surface in the Clarion Clipperton Zone of the Pacific Ocean.TMC, the explorer…

MTR100: For USVs and AUVs, is it a Hydrogen Future?

Oct 12, 2022

Hydrogen has been making big headlines in the energy world. It’s one of the potential routes to deliver high density energy to transport and heavy industry – but also to marine applications, as well as a way to move and store renewable energy…

Cadeler's Hybrid Offshore Wind Installation Vessel Booked until 2030

Oct 12, 2022

Danish offshore wind installation company Cadeler said Wednesday it had secured a contract with an undisclosed client for its recently ordered hybrid F-class vessel that will keep the vessel busy from 2027 to 2030. 'If all options are called during the four-year agreement…

Keppel, Borr Drilling Strike Deal on Delivery Schedule for Five Jack-up Rigs

Oct 12, 2022

Singapore's Keppel said on Wednesday that it had reached a deal with the offshore drilling company Borr Drilling over the delivery schedule for five jack-up rigs ordered previously by Borr Drilling.The rig builder had in 2020 and 2021 agreed…

Philippines: Cadlao Oil Redevelopment Could Revitalize Upstream Sector

Oct 12, 2022

The Philippines is seeking to revive its moribund upstream oil industry with the redevelopment of an oil field that last produced in the early 1990s, as it hopes to wean itself off fuel imports, energy officials said on Wednesday. With the Southeast…

EMEC Wraps Concept Design for 100MW Floating Wind Test Site Near Orkney

Oct 12, 2022

The European Marine Energy Centre (EMEC), located in Orkney, Scotland, has completed the concept design for a new 100 MW floating offshore wind test and demonstration site. The ocean energy test facility operator is seeking to secure a lease for a site ~20 km west of Orkney…

Ashtead Technology Appoints Christie as Head of Mechanical Solutions Business

Oct 12, 2022

UK-based subsea equipment rental and solutions specialist Ashtead Technology has appointed James Christie as the new leader for its Mechanical Solutions service line.Ashtead Technology said that Christie, who is Regional Director for Ashtead…

Maersk Supply Service to Install Three 10MW Turbines at Floating Wind Farm in France

Oct 12, 2022

Danish offshore vessel services firm Maersk Supply Service has secured a contract to transport and install three 10MW wind turbines at the EFGL (Eoliennes Flottantes du Golfe du Lion) wind farm, a pilot floating offshore wind project in France…

ERM Taps Principle Power to Progress FEED for Wind-to-Hydrogen Dolphyn project

Oct 12, 2022

Sustainability consultancy ERM has awarded a contract to Principle Power, a provider of floating foundation solutions for the floating wind industry, to progress the Front-End Engineering Design (FEED) for a Wind-to-Hydrogen Dolphyn 10 MW prototype project off the coast of Aberdeen…

Arabian Drilling Set to Raise over $700M in IPO

Oct 12, 2022

Arabian Drilling Company, a Saudi oilfield services firm, said on Tuesday it will price its initial public offering at 100 riyals a share and is set to raise 2.67 billion riyals ($710.58 million).The final price is at the top end of a price range announced last month…

CIP Picks Stiesdal Floater for 100MW Scottish Offshore Wind Farm

Oct 12, 2022

Copenhagen Infrastructure Partners (CIP) has selected Stiesdal Offshore’s TetraSub floating foundation structure for the 100MW Pentland Floating Offshore Wind Farm project, to be located off the coast of Dounreay, Caithness, Scotland.The technology…

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