Component News


OHT CEO Torgeir Ramstad Discusses the Company's Offshore Wind Push

Apr 14, 2021

OHT was born to perform heavy lift in the offshore oil and gas business, and has evolved to position itself to lead in the booming offshore renewables sector, including a contract to work in the mammoth Dogger Bank offshore wind build-out. Torgeir Ramstad, CEO, OHT, discusses his company and its role in the growing offshore wind market.When Torgeir Ramstad took the top post at OHT in 2015, the offshore oil and gas industry was just starting its historic nosedive…

Swedish Wave Energy Tech Developer Attracts Funding

Apr 13, 2021

Swedish wave energy technology developer Novige AB has received funding from the Swedish Energy Agency for its NoviOcean wave energy converter concept.Novige got a budget of 5.6 MSEK (USD 652,201) approved by the Swedish Energy Agency, where 1…

NJ's PSEG Wraps Buy of 25% in 1,1GW U.S. Offshore Wind Project from Ørsted

Apr 13, 2021

Offshore wind developer Ørsted has completed the sale of a 25% stake in its 1,1 GW Ocean Wind offshore wind project off the coast of Atlantic City to New Jersey’s Public Service Enterprise Group (PSEG).Ocean Wind is a 1,100 MW offshore wind farm located 15 miles off the coast of southern New Jersey…

Bosch Rexroth Presents "Disruptive" Electric Subsea Valve Actuator

Apr 12, 2021

Bosch Rexroth said Monday it would present 'a disruptive innovation' for electrically actuating valves in the subsea process industry at Hannover Messe (April 12-16, 2021). 'The new SVA R2 Subsea Valve Actuator is the world’s first electric…

Siemens Energy Eyes Offshore Wind Opportunities in U.S.

Apr 09, 2021

German engineering group Siemens Energy aims for a slice of the $2.3 trillion U.S. President Joe Biden plans to spend on infrastructure, including power grids and renewables, as the company targets higher sales in its biggest market.Biden last week set out his plans for a transformation of the U…

ChampionX to Deliver Non-toxic Corrosion Inhibitor to Two North Sea Operators

Apr 08, 2021

ChampionX, a Texas-based oilfield tech company, has said it has won two contracts to deliver its 'non-toxic chemicals' aimed at tackling corrosion to two major North Sea operators.Under the contracts worth £2.8 million ($3.9 USD) in total, the…

Halfway There: Jan De Nul Installs 36th Offshore Wind Turbine at Kriegers Flak

Apr 08, 2021

Luxembourg-based offshore installation contractor Jan De Nul, tasked with installing wind turbines at the Kriegers Flak offshore wind farm in Denmark, said Thursday it had reached the midpoint of the campaign with 36 of 72 wind turbines installed…

Jersey Oil & Gas Completes Cieco V&C Acquisition

Apr 07, 2021

UK-focused oil and gas company Jersey Oil & Gas (JOG) has completed the acquisition of Cieco V&C, a company that owns an interest in JOG-controlled Licence P2170, in the UK North Sea, from the Japanese companies Itochu and Jogmec.Under the agreement first announced on November 26…

Favorable Offshore Winds Blowing from the Biden Administration

Apr 06, 2021

As part of his Executive Order on Tackling the Climate Crisis at Home and Abroad (EO 14008)—issued on the first day he took office—President Biden made significant commitments to renewable energy. These commitments include collaborating with…

Shipbuilding: ASRY Receives ASME Accreditation

Apr 05, 2021

The New Construction & Engineering Department of ASRY received ASME Accreditation which allows ASRY to manufacture and repair Coded Pressure Vessels.ASRY attained this accreditation after an extensive review of the company's Quality Assurance Systems…

Biden Administration Aims for US Leadership in Offshore Wind -Official

Mar 31, 2021

The Biden administration aims to transform the United States into the world’s leading producer of energy from offshore wind after years of lagging behind Europe, a senior official said on Wednesday.President Joe Biden’s cabinet earlier this…

Siemens Gamesa Receives First Firm Order for Giant 14MW Offshore Wind Turbine

Mar 31, 2021

Offshore wind turbine maker Siemens Gamesa Renewable Energy (SGRE) has received its first firm order for its giant 14MW offshore wind turbine.The order, from RWE, is for the supply of 100 units of its 14MW SG 14-222 DD offshore wind turbine…

World's First: DNV Launches Floating Solar Power Recommended Practice

Mar 31, 2021

DNV, energy industry expertise and assurance provider on Wednesday published what it said was the world’s first recommended practice (RP) for floating solar power projects following a collaborative joint industry project (JIP) involving 24 industry participants…

UK: Offshore Wind Blade Recycling Could Create 20,000 Jobs

Mar 31, 2021

'At-scale recycling of wind turbine blades is an important first step towards achieving a zero-carbon, zero-waste offshore wind industry and boosting the UK supply chain by 20,000 jobs, ' the UK-based Offshore Renewable Energy (ORE) Catapult said in a report Wednesday…

US Targets 30GW of Offshore Wind by 2030, 110GW by 2050

Mar 30, 2021

On Monday, March 29, the White House announced a government-wide effort to advance offshore wind, including 30 gigawatts (GW) of offshore wind by 2030, 110GW of U.S. offshore wind by 2050 and the development of a sustainable local offshore wind supply chain…

Current News

Second Casualty Recovered from Capsized Lift Boat, 11 Still Missing

Second Casualty Recovered from Capsized Lift Boat, 11 Still Missing

US Interior Dept Revokes Trump Energy Policies, Focuses on Climate

US Interior Dept Revokes Trump Energy Policies, Focuses on Climate

GPS' "Chemical Mist" Cuts Methane Emissions

GPS' "Chemical Mist" Cuts Methane Emissions

Petrobras, Partners Decide on Partial "Devolution" of Libra Offshore Area

Petrobras, Partners Decide on Partial "Devolution" of Libra Offshore Area

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