The UK will remain the leading offshore wind power market globally by 2025, with its installed capacity increasing from 4.5GW in 2014 to 23.2GW by the end of the forecast period, representing an impressive compound annual growth rate (CAGR) of 30…
Distributed offshore engineering users of SACS V5.7 are benefiting from the extended information mobility provided through the software’s integration with the ProjectWise project delivery solution as well as enhanced integration with both MOSES and AutoPIPE…
FoundOcean and BASF signed a strategic agreement to aim to reduce the cost of and increase efficiency when installing offshore wind structures. BASF’s MasterFlow 9500 is the only product to have obtained the type approval certificate from certifying body DNV GL…
Sander Vergroesen, IRO’s managing director Dutch offshore suppliers are innovating to keep ahead, providing solutions in ever deeper and colder waters globally. IRO’s Sander Vergroesen spoke to Elaine Maslin…
UK-based offshore vessel operator Seajacks has taken delivery of its fourth vessel, Hydra (pictured), from Dubai-based oil and gas engineering and fabrication firm Lamprell. Hydra is the fourth vessel Lamprell has built for Seajacks, which has a fifth vessel…
DNV GL has launched a JIP to assess how hybrid power concepts used in the maritime industry could be used in the offshore oil and gas sector. Hybrid power concepts use batteries in combination with traditional power generation equipment…
Norwegian shipbuilder Havyard has signed a contract for the construction of a hybrid diesel-electric platform supply vessel (PSV) for Icelandic offshore shipping company Fafnir Offshore. The vessel (pictured), based on the new Havyard 833 WE ICE design…
Teekay Offshore Partners L.P. has agreed to acquire ALP Maritime Services B.V., a Netherlands-based provider of long-haul ocean towage and offshore installation services to the global offshore oil and gas industry. ALP currently provides…
Offshore rig and vessel repair continues to produce attractive returns for yards that are well placed strategically and geographically. OE checks out the latest developments at two players – one in Bahrain, the other in Gibraltar – still relatively…
Cape Wind clears another hurdleThe Cape Wind offshore wind power project in January received a final permit from the US Environmental Protection Agency to begin construction of the first US offshore wind farm. The agency's approval came a…
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