Our Maritime Business Magazines

Even though they are usually competitors, representatives of the six largest wind ports in Europe shook hands and signed a declaration Port Esbjerg in Denmark on 18 January. They have agreed to join forces to speed up the green transition in order to meet Europe’s ambitious offshore wind deployment targets. The ports lack capacity. The...

The steel cutting ceremony of the first of two next-generation Methanol MDO/HVO powered DP2 Construction Service Operating Vessels (CSOVs) for Acta Marine was arranged on 18 January 2023 at Tersan Shipyard. The SX216 design of the vessel has been developed exclusively and in close collaboration with Ulstein Design & Solutions. The steel cutting is the...

Fugro has received a sizeable contract for the Kelidang Cluster gas field development project from Petronas Carigali (PC) Brunei. The company will perform various site characterisation surveys to support the front-end engineering design for offshore production facilities and the pipelines to prospective buyers onshore. Geotechnical and geophysical data will be acquired using amongst others...

Houlder is collaborating with Blue Sea Power, an integrated energy solution provider as a gas-to-power company based in Athens, to develop three innovative floating LNG-to-power barges (FSRPs). The FSRP barges, which are set to be operational by 2025, will efficiently provide greener, lower emission baseload and peak power to the non-interconnected islands of Kos,...

Boskalis has acquired the contract to construct a large offshore windfarm off the US coastline. The Boskalis project scope includes the transportation and installation of the wind turbine foundations and power cables for which two crane vessels, several transport and cable-laying vessels will be deployed. The contract marks a special milestone for Boskalis as...

Empire Offshore Wind, a joint venture between Equinor and bp, has awarded a contract to DEME Offshore US for the transportation and installation of inter-array cables for the Empire Wind 1 and 2 offshore wind farms. Empire Wind 1 and 2, located on the East Coast of the US, will be a major contributor...

RWE is further progressing with the deployment of Denmark’s largest offshore wind power plant to date by signing a Preferred Supplier Agreement with Siemens Gamesa. 72 units of Siemens Gamesa’s flagship SG 14-236 DD offshore wind turbines are planned to be installed at RWE’s 1,000MW Thor project. In addition, a service contract for the...

Norway has definitely fortified its role as a predictable, long-term supplier of energy to Europe. Only rarely have we seen so much oil and gas produced on the Norwegian shelf as was the case last year – and only rarely have we seen such significant investment decisions. 2022 was a year marked by the...

The EU installed 15GW of new wind farms in 2022. That’s one third more than 2021. This increase in new installations is an encouraging result given the overlapping challenges the industry faced in 2022. And the 15GW installed are an important contribution to strengthening Europe’s energy security ahead of next winter. But Europe must...

Elcome International is providing SpaceX’s Starlink Internet services to its global maritime and mobility customers. From merchant vessels to oil rigs to luxury yachts, Starlink enables maritime customers to connect from the most remote waters across the world, just like they would in the office or at home. For more than fifty years, Elcome...

A range of high strength austenitic stainless steels has been developed that will change the design and construction of onshore and offshore facilities in the oil, gas, and LNG sector. The global demand for LNG is projected to reach 700t million per year by 2040 fuelling the need for greater LNG infrastructure including import...

Forum Energy Technologies (FET) has delivered three of its 200HP Perry XLX-C work-class remotely operated vehicles (ROVs) to Brazil-based OceanPact. The systems, which were manufactured at FET’s UK facility at Kirkbymoorside, North Yorkshire, will be deployed across two of OceanPact’s vessels to support inspection, repair and maintenance services for the state-owned oil company’s oilfields...

Equinor and RWE have agreed to work together to develop large-scale value chains for low carbon hydrogen. The partners aim to replace coal fired power plants with hydrogen-ready gas fired power plants in Germany, and to build production of low carbon and renewable hydrogen in Norway that will be exported through pipeline to Germany....

Volstad Maritime has contracted Norwegian Electric Systems AS (NES) to deliver the battery package and associated control system for battery charging to the Deep Cygnus subsea construction vessel. NES, which specialises in sustainable energy design and smart control, will provide the equipment to the Deep Cygnus in connection with a forthcoming vessel upgrade to...

The Green Platform project ‘Seabed minerals – Accelerating the energy transition’, has been awarded USD 7.1 million from the Research Council of Norway, Innovation Norway and Siva. The digitalisation and transition to clean energy systems means a vast increase in the demand for minerals. The International Energy Agency (IEA) estimates that the need for...

Jan De Nul’s jack-up vessel Voltaire has left the COSCO Shipping Shipyard in China and is currently heading for Dubai. The vessel has been delivered by the shipyard last Thursday 15 December and has departed this morning. With her crane capacity of 3,000t, four immense legs of 130m, and capacity to lift 16,000t of...

Mammoet has broken several world records in moving a huge 20,300t FPSO into AF Offshore Decom’s decommissioning and recycling facility where it can be dismantled in a controlled, environmentally responsible manner. A record-breaking 748 axle lines of SPMT and 30 power packs have been used – making this project a double world-first for both...

Strohm has completed the largest funding round in the company’s fifteen year history by securing a USD 16 million investment, setting the firm on a rapid global growth trajectory in the low carbon energy sector. The USD 16 million investment includes a USD 10.6 million commitment by ING Corporate Investments (a 100% subsidiary of...

Ecowende, a joint venture of Shell and Eneco, is the winner of the permit for the Hollandse Kust (west) Site VI offshore wind farm. Ecowende will build the wind farm with an eye for nature. This is one of two new wind farms in the Hollandse Kust (west) Wind Farm Zone and is expected...

Along with Aker BP, Equinor has made an investment decision for development and operation for Krafla to the Minister of Petroleum and Energy. Aker BP will be developing Krafla along with the Fulla and North of Alvheim discoveries in the same area. Krafla was proven in 2011 and recoverable resources are estimated at 325 million...

The IMO has adopted a new mandatory International Code of Safety for Ships Carrying Industrial Personnel (IP Code), anchored in a new SOLAS Chapter XV. The code enters into force on 1 July 2024 and enables cargo ships and high-speed cargo craft to transport and accommodate industrial personnel working offshore. A growing offshore energy...

The growth potential for offshore wind energy and the race towards net-zero emissions are major accelerators when it comes to the installation of renewable energy sources. Wind turbines are constantly evolving, and capacities of over 15MW are likely to be no exception within just five years. But when wind turbines and capacities are continuously...

At 11:15h on 15 December production started from Johan Sverdrup Phase 2. When the Johan Sverdrup field reaches plateau production, every third Norwegian oil barrel will come from this giant field, which for decades will be essential to ensuring high and stable energy deliveries from Norway. Geir Tungesvik, Equinor’s Executive Vice President for Projects,...

Flying kites underwater to generate electricity is an innovative renewable energy concept being installed in the Faroe Islands, supported by SJH Diving and their new Saab Seaeye Falcon. The subsea kite turbine is a unique concept created by developer Minesto to generate electricity in tidal streams and ocean currents using the principle of flying...

GE Renewable Energy and Hyundai Electric have signed a strategic partnership agreement as the next step in their efforts to work together to serve the South Korean offshore wind market. Under the terms of the agreement, Hyundai Electric will serve as a manufacturing associate to help localise assembly of the Haliade-X offshore wind turbines...