The promise of jumbo project financings arising from Taiwan’s ambitious push to develop offshore wind farms is beginning to hold true as a flurry of loans compete for liquidity among the island’s lenders.Financings totaling at least NT$155bn (US$4…
Two Greenpeace activists who were occupying an oil rig have been removed from the structure and arrested.Officers boarded the Transocean rig in the Cromarty Firth, which was contracted by BP for drilling operations in the UK North Sea, at around…
Global offshore wind power market size will grow by over USD 17 billion during 2019-2023, at a CAGR close to 18%, said Technavio report.Due to rapid urbanization and industrialization across the world, there has been significant growth in the global demand for electricity…
Moray Offshore Renewables Ltd (MORL), which is established to develop offshore wind generation, has announced intention to open consultation on the development of offshore wind on the remainder of its zone in the Outer Moray Firth.In 2010,…
Danish company Ziton has added Vroon jack-up MPI Enterprise to its fleet under a bareboat charter agreement.The vessel has been chartered on a bareboat agreement with Vroon as of 28 May 2019 until 31 March 2021. Ziton will then have the option to acquire the vessel…
Beatrice Offshore Windfarm Ltd (BOWL) said that its offshore wind farm (OWF) in the Moray Firth has produced 587.9MW of capacity, which represents the highest output from renewable sources in Scotland to date.Turbines at the windfarm this week reached their capacity of 588 megawatts…
Subsea vehicles and services provider Modus Seabed Intervention has selected JBA Consulting’s operational management software ForeCoast Marine to help optimize the operation of its hybrid autonomous underwater vehicles (H-AUV).The H-AUV capability is part of a development program by Modus…
High Speed Transfers (HST), a recent new entry into the crew transfer sector, has placed its fourth order for a Damen next-generation Fast Crew Supplier (FCS) 2710, to be named HST Euan.The order for is the result of a long-term contract won from a client operating out of Belgium…
Seismic data processing and licensing company Fairfield Geotechnologies announced Tuesday that Chris Sugahara will succeed Charles 'Chuck' Davison as CEO of the company.Sugahara, a third-generation family member at Fairfield Maxwell, is a Senior Vice President and the Treasurer of the company…
When a troublesome pipeline beset with wax issues escalated into a blockage, new North Sea independent Chrysaor and Subsea 7 nimbly dealt with it, installing a 26km bypass pipeline in just eight months – despite facing multiple issues on the way…
Microsoft will purchase 90 MW from the massive 731.5 MW offshore wind project, Borssele III/IV, from Dutch sustainable energy company and wind farm developer Eneco.Eneco will provide Microsoft’s datacenters with green power for 15 years starting in 2022…
The Port of Tyne, which comprises the commercial docks in and around the River Tyne in Tyne and Wear in the northeast of England, is increasing their offer to potential offshore wind manufacturers.Offshore wind could provide 30% of Britain's electricity generation by 2030…
DEME Offshore’s newest heavy-lift jack-up Apollo has recently completed a one-month conversion project at Damen Shiprepair Dunkerque (DSDu) that included the installation of a moon pool on the main deck.According to DSDu, the technical demands…
New legislation could stall US offshore wind farm development, the National Ocean Industries Association (NOIA) said.The House Appropriations Committee adopted language calling for a one-year Department of Defense study of the impact of offshore wind turbines…
Netherlands-based transmission system operator TenneT Holding B.V. has launched and priced another Green Bond issue of EUR 1.25 billion, with proceeds set to be used for investing in offshore wind.The Green Bond issue is split in two tranches…
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