Dutch-Aussie Team Targets Safer Blade Lifting
Dutch maritime contractors Van Oord and heavy lifting and transport specialist Mammoet are cooperating with Australian start-up Verton to design a new lifting method for installing wind turbine blades.The technology specialist was scouted after being selected to participate in the maritime innovation platform PortXL in Rotterdam.The cooperation is seeking to develop a way to shorten the installation cycle times and make installation safer for operators. Verton has developed a remote rotating device that uses gyroscopic modules to rotate a suspended load.
Orsted to Build NJ's First OWF
Denmark’s Ørsted won New Jersey’s first offshore wind solicitation with a 1.1-gigawatt project Ocean Wind, the largest offshore wind project to secure a development deal with a U.S. state to date.The New Jersey Board of Public Utilities (NJBPU) announced in a press note that it has selected Ocean Wind, an offshore wind energy project proposed by Ørsted with support from Public Service Enterprise Group (PSEG), to negotiate a 20-year offshore wind renewable energy credit (OREC) for an offshore wind farm with a capacity of 1…
Danska Commodities Inks PPA with Hywind Scotland
Danish energy trading company Danske Commodities signed a 20-year Power Purchase Agreement (PPA) with the world’s first floating wind farm, Hywind Scotland.Hywind Scotland, the world's first commercial-scale floating wind farm, was officially opened in October 2017. Norwegian oil and gas group Equinor owns 75%, while its partner the Abu Dhabi Future Energy Company, better known as Masdar, holds 25%. As the sole offtaker, Danske Commodities will take over balancing and trading of Hywind Scotland’s total volume of 30 MW.
Renewables Sector Hails New York Climate Plan
Investors, developers and users of renewable energy at an industry conference in New York this week were buzzing about the state's ambitious plan to reduce greenhouse gas emissions to zero by 2050."New York is leading a path forward with public policy that signals to the capital markets and developers to deploy projects to achieve its ambitious goals," Susan Nickey, managing director at Hannon Armstrong Sustainable Infrastructure Capital Inc , said on Wednesday. New York state…
Prysmian Bags Dolwin5 Cabling
Italian multinational corporation Prysmian Group has been awarded a major grid connection project worth in region of EUR 140 million by the Dutch-German grid operator TenneT which will enable the connection of multiple offshore wind farms to the German grid.“The Dolwin5 project continues our valued long relationship with the major TSO TenneT and demonstrates our ability to provide tailor-made submarine cable solutions for challenging projects, providing the offshore infrastructure needed to support the growth of clean energy in Northern Europe.” stated Hakan Ozmen…
Offshore Wind – A Brief History
Happy 80th birthday Maritime Reporter & Engineering News! Eighty years is a significant publishing and business accomplishment!Birthdays always cause a look back. An 80-year review starts in 1939, the close of one very challenging decade, the start of events still reverberating today. History’s most important history is contained in the last 80 years.Energy dominated every one of those decades. Consider energy use, say, starting after World War II, from 1950 to 1975. There was power for everything…
Offshore wind: One-stop Power Conversion
With the United States and China about to start their respective offshore wind build-ups, grid operators wondering about the efficiency of their turbines or the emissions-areas compliance of their wind-service vessels will be warmed to know there’s someone they can talk to. Yaskawa’s The Switch — a Japanese industrial giant’s European environmental tech business — is offering one-stop wind-energy shopping. As with shipping, you can order permanent magnet generators, drives and converters for your wind turbines. Take heart. The lingo is the same.
Renewable Energy Brings 11 Million Jobs
According to the International Renewable Energy Agency (IRENA) eleven million people were employed in renewable energy worldwide in 2018. This compares with 10.3 million in 2017.As more and more countries manufacture, trade and install renewable energy technologies, the latest Renewable Energy and Jobs – Annual Review finds that renewables jobs grew to their highest level despite slower growth in key renewable energy markets including China.The diversification of the renewable energy supply chain is changing the sector’s geographic footprint.
Damen to Showcase Capabilities for US Offshore Wind Sector
Damen Shipyards Group will be present at the fourth annual US Offshore Wind 2019 Conference and Exhibition on June 10-11, 2019 in Boston, Massachusetts. Damen’s attendance reflects the company’s belief in the enormous potential of offshore wind in North America.Damen has been an active player in the European offshore wind industry since its beginnings around a decade ago. Since then the company has built up a diverse portfolio of successful designs that can be deployed throughout…
Vattenfall May Raise Offshore Wind Target
Sweden's Vattenfall may raise its target for installing offshore wind power generation in Europe beyond the 11,000 megawatts (MW) it now plans to have in place by 2025, an executive said.Gunnar Groebler, the Swedish power firm's board member in charge of wind, had announced the 11,000 MW target in January, after installed capacity reached 3,000 MW at the end of 2018.But he told Reuters on Wednesday that such targets needed "constant monitoring and reviewing.""It could become more…
OMSA Announces Formation of Wind Committee
Open to all OMSA Members, the Committee Seeks to Further the Domestic Offshore Wind Industry and the Jones Act.New Orleans, LA – Today, the Offshore Marine Service Association (OMSA) announced the formation of the OMSA Wind Committee and announced that membership on the Committee is now open to all OMSA members.OMSA President, Aaron Smith said, “Over the past 46 years, OMSA has done a tremendous job in promoting public policy that benefits the vessels, operators, and mariners engaged in the offshore oil and gas industry.
World's Largest Ocean Current Energy Project On
OceanBased Perpetual Energy has signed a Memorandum of Understanding (MoU) with Florida Atlantic University’s Southeast National Marine Renewable Energy Center (SNMREC) to assist the company to develop commercial ocean current energy project.Project to tap into Florida Gulf Stream’s 45 terawatt hours per year of persistent renewable energy and will be the world's largest commercial ocean current energy project.The MoU establishes a mutual interest and agreement between the two entities for the development of the project.The goal of the project…
Asian Renewables Investment on the Rise
Renewable energy investment in the Asia-Pacific region will overtake spending on oil and gas exploration by 2020, consultancy Rystad Energy said on Monday.Total capital expenditure in renewables will rise above $30 billion in the region by 2020, just overtaking investment into exploration and production for oil and natural gas, the consultancy said.India, Australia, Japan, Vietnam and South Korea will be the leading destinations for investment in Asia, according to Rystad.The company focuses on China separately and did not include the nation in this assessment.
SENER Names Álvaro Lorente as MD
Spanish engineering and technology group SENER has appointed Alvaro Lorente, former Operations Manager in the energy division as Managing Director.He graduated in Industrial Engineering from the Pontificia Comillas University (ICAI), majoring in Electrical Engineering, and joined SENER in 1991. Among other posts, he has been head of SENER's Mechanics Section, Operations Manager for Renewables, Power, Oil & Gas and International General Manager at SENER.He was also appointed…
Microsoft, Eneco Sign Energy Pact
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, said a press release from the technology giant."This is Microsoft’s second purchase of wind energy in the Netherlands in a year, which brings its total wind energy purchases to 270 MW in the Netherlands — one of the largest corporate renewable energy portfolios in the country…
Environmental Activists Block BP London HQ
Greenpeace activists blocked the entrance to BP's London headquarters on Monday, demanding one of the world's biggest energy companies ends all new oil and gas exploration or goes out of business.Greenpeace activists arrived at the building in St James' Square in central London at 0200 GMT and encased themselves in specially designed containers to block all of the main entrances.A team of activists abseiled from the top of the building and placed huge letters over the windows…
Investors Push BP to Fight Climate Change
BP will face pressure at a meeting next week to set tougher targets to combat climate change, the latest signal from investors that they want the oil and gas industry to do more to clean up its act.After BP's 2018 carbon emissions rose to their highest in six years, the London-based major is being lobbied by activists and an increasing number of shareholders to ensure its operations are in line with goals set by the 2015 Paris climate deal to curb global warming.BP has already backed a resolution being put to investors on Tuesday for it to be more transparent about its emissions…
RWE Open to Partnerships in US Wind
German utility RWE would consider teaming up with peers and oil companies to make a move in the U.S.
Global Energy Investment Totals $1.8trln in 2018
Global energy investment totalled more than USD 1.8 trillion in 2018, a level similar to 2017, said the International Energy Agency (IEA).The investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables.IEA's latest annual review said that for the third year in a row, the power sector attracted more investment than the oil and gas industry.The biggest jump in overall energy investment was in the United States…
IEA to Push for Offshore Wind Energy
The International Energy Agency (IEA) held a high-level workshop on the outlook for offshore wind energy yesterday (May 13), bringing together 80 senior representatives from government, the private sector, research groups, academia and international organisations.Participants joined from countries around the world, including many from Europe, the United States, Japan and China, said a press release from the Paris-based autonomous intergovernmental organization which works to ensure reliable…
Vattenfall Starts Hollandse Kust Zuid
Development of the first unsubsidized offshore wind farm is well underway off the Dutch coast after bouts of bad weather delayed the project earlier this year, said Swedish power company Vattenfall.The European energy company is building the 750-megawatt Hollandse Kust Zuid 1 & 2 wind farm off the coast of The Hague and Noordwijk. Vattenfall said it expects the wind farm will begin generating electricity by the end of 2022, ultimately supplying power to up to 1.5 million households.Dozens…
U.S. Energy Hits Records in 2018: EIA
U.S. energy consumption, production, and exports have reached record highs in 2018, said U.S. Energy Information Administration (EIA).The United States produced a record amount of energy from various sources in 2018, reaching 96 quadrillion British thermal units (quads), an 8% increase from 2017. This increase in production outpaced the 4% increase in U.S. energy consumption, which also reached a record high of 101 quads.At the same time, U.S. energy exports increased 18% to a record high of 21 quads in 2018…
Siemens Exits Power, Gas, Renewable Biz
German conglomerate Siemens AG said it will spin off and give up its majority stake in its energy division and merge it with separately listed wind turbine supplier Siemens Gamesa Renewable Energy (SGRE), creating a new multi-technology global energy powerhouse. The company’s supervisory board announced the spinoff on May 7 as part of its Vision 2020+ strategy concept. The board said the move would help Germany-based Siemens meet medium-term growth and profit targets by “clearly…
Vestas CEO to Step Down
Danish wind turbine maker Vestas on Tuesday said that its chief executive, Anders Runevad, would step down in August as part of its long-term succession planning.Runevad is to be replaced by Henrik Andersen, a Vestas board member and CEO of Danish coatings company Hempel. Reporting by Stine Jacobsen
Equinor Q1 Beats Forecast
Norwegian oil and gas firm Equinor reported on Friday a small fall in quarterly operating profit, beating forecasts, and said its giant Johan Sverdrup oilfield in the North Sea remains on track to start production in November.Earnings before interest and tax (EBIT), adjusted for one-off items, fell to $4.2 billion in the first quarter from $4.4 billion during the same period of 2018, higher than a forecast of $3.9 billion in a Reuters poll of analysts.The company, which has a smaller refining business than rivals, fared slightly better than BP, Exxon Mobil , and Chevron which saw sharp de
Orsted Reports Positive Start to 2019
Orsted on Wednesday reported higher first-quarter earnings from its offshore wind farms, in a positive sign for the Danish company's focus on renewables after selling its oil and gas business in 2017.Earnings from Orsted's core wind business rose 13 percent on the back of ramp-up in generation from the new farms Borkum Riffgrund 2 in the North Sea off the German coast and Walney Extension in the Irish Sea, the world’s largest offshore wind farm.Bernstein analysts said the results were "a good start to the year".Orsted's shares were up 1 percent in early trading on Wednesday.
Efficient Wave-Generated Power … Really!
Wave-generated power could be considered the Rodney Dangerfield of offshore renewable energy sources; it gets no respect. There have been a number of high-profile, expensive failures that have conspired to give the sector a poor reputation despite a number of engineering advances. A new entrant is SurfWEC offering a patented “surf-making” Wave Energy Converter which has been in development since 2007. Its developers promise it will stand out from the field and perform where others have failed. How?
Rhenus Commences Borssele Alpha Supply
Rhenus Offshore Logistics has completed its first supply trip to the 700MW Borssele Alpha offshore platform in the Dutch North Sea.Rhenus has taken over the complete supply logistics for its customer, HSM Offshore, during the installation work on the Borssele project and is supplying the Borssele Alpha offshore platform with building materials and tools as well as water, food and articles in daily use.Rhenus is providing all the logistics services that are required for the project, including the supply trips, handling at the port, customs clearance and waste disposal.
Worley Wins Rhode Island OWF Contract
Denmark's offshore wind giant Ørsted has awarded WorleyParsons a core role in its Revolution Wind project, which will see the design and installation of a 700-megawatt offshore wind farm, located 15 kilometers south of the Rhode Island coast.The project, which commenced in March 2019, with installation expected in 2022, will see Worley complete the engineering and design of two offshore wind topside substations.For the project, Worley said it devised a unique approach that drew upon a combination of our digital, new energy and offshore hydrocarbons expertise.
Boskalis to Install Cables for Hornsea 2
Royal Boskalis Westminster N.V. (Boskalis) said it has been awarded a €100 million ($111.6 million) contract from Ørsted to install three export cable circuits for the Hornsea 2 offshore wind farm.The wind farm will consist of up to 165 turbines with a maximum capacity of 1.4GW and is located approximately 90 kilometers off the Yorkshire coast.Boskalis said its project scope includes the preparation of the offshore export cable route (geophysical survey, boulder clearance and seabed leveling through dredging), and the installation and protection of the cables.
Europe Leads in Ocean Energy
European tidal stream installations reached 26.8MW, and wave energy installations 11.3MW in 2018, according to yearly statistics published by Ocean Energy Europe.Europe continues to lead the world in ocean energy deployments, and last year its tidal projects produced record volumes of electricity.Annual installations - 3.7 MW of tidal stream capacity was put in the water in 2018. This represents more than twice the capacity installed in 2017, making this a solid year for tidal activity.26.8 MW of tidal stream technology has been deployed in Europe since 2010.
SGRE Bags 487 MW Mega Order from US
Spanish offshore wind giant Siemens Gamesa Renewable Energy (SGRE) has won two orders totaling 487MW from EDF Renewables North America.SGRE was selected by EDF Renewables North America to supply turbines for the Coyote and Oso Grande projects, located in the United States. The deals further confirm the commercial success of the SG 4.5-145 and feature a service and maintenance agreement for Siemens Gamesa’s premium maintenance program, offering the best in scale and flexibility to maximize energy asset returns.Coyote…
Europe Invests $30bln in Wind in 2018
Europe invested a total of EUR27bn (USD 30.34bln) in new wind farms in 2018, allowing it finance a record amount of new wind energy capacity, according to European trade body WindEurope.Europe invested EUR 10.3 billion in new offshore wind farms with a combined capacity of 4.2GW in 2018.Investments in new offshore wind projects increased by 37% from 2017 but were still some way off the record EUR 18.2 billion seen in 2016, according to the report. The capacity financed in 2018 is also the second highest after 2016.The total amount invested in wind power is similar to previous years.
Offshore wind: The making of a (supply chain) star
Wind is “the tech of choice,” the International Energy Agency said recently, just as a new report by the University of Delaware outlined the opportunity in U.S. offshore wind: 5,000 miles of offshore cabling and 1,700 turbines, it turns out, are bundled into current state-side plans. Yet, serious observers of the first U.S. offshore wind installations saw inefficiency: unwieldy lifts; few specialist vessels on-hand; and cables were “just cables.” Supply chain innovation, people say…
A New York State of Mind
“A new industry is being established in New York, with the primary stimulus being a state-driven procurement process.”New York State Public Service Commission (PSC), July 12, 2018.To a great extent, this PSC comment provides direct insight into the dynamics behind New York’s pace-setting moves to establish offshore wind. First, this new energy development is deliberate – not left to chance or laissez faire markets. Second, state officials are in control, from choosing a contractor to securing money for payment.
Tennet Relocates Submarine Cable from Borssele
The transmission system operator Tennet has moved the first submarine cable from the Dutch wind farm zone "Borssele" to the transformer station."TenneT has laid the first sea cable to connect the Alpha platform to the transformer substation in Borssele. In the morning of Friday 12 April, VBNK started withdrawing the sea cable on land and early Saturday morning the cable reached the newly built transformer substation," said a press release.The cable-laying vessel, Giant 7,…
India, Denmark Forge Offshore Wind Alliance
India’s Union Cabinet has given its approval for a cooperation agreement between India and Denmark on strategic sector cooperation in the field of renewable energy with a focus on offshore wind.According to a government release, the Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry for Energy, Utilities and Climate of the Kingdom of Denmark on strategic…
Aus Upstream Capex Touches at US$10bln pa
The Australian renewable energy pipeline is surging above 100GW of solar, wind and utility storage projects. Investment is currently matching upstream capex, at US$10 bn per annum.Only 1GW is currently owned by Upstream companies – the majors, said Rystad Energy, the energy research and business intelligence company.By the end of the decade, upstream companies will be the dominant renewable developers in country and regionally. The driver will be economics as much as an increasing…
Macquarie Kicks off Sale of Wind Assets in Italy and France
Infrastructure fund Macquarie has kicked off the sale of its Renvico wind farm portfolio located in Italy and France worth around 400 million euros ($450 million), four sources familiar with the matter said.The Australian fund, advised by Rothschild, has sent out teasers and information memoranda will follow at the end of the month, two of the sources said.Non-binding bids are expected by the end of May, one source said, but another said no time-frame had yet been set."The equity value of the deal is around 150 million euros…
New Jack Up Fitted with Huisman Crane
Huisman has been awarded a contract for the design, engineering, construction and delivery of the main crane on Jan De Nul’s newest offshore wind turbine installation vessel ‘Voltaire’.The crane will be unique in its size, capacity and novel features to allow efficient installation of the next generation offshore wind turbines. The vessel will be built by COSCO Shipping Heavy Industry in China and the Huisman crane will be built in Huisman’s own production facility in Xiamen, P.R. of China and installed at the shipyard.
NOIA Applauds Confirmation of Interior Secretary
National Ocean Industries Association President Randall Luthi has issued the following statement on the Senate confirmation of David Bernhardt as Secretary of the Interior:“I congratulate David Bernhardt on his confirmation as Secretary of the Department of the Interior. Highlighted through his bipartisan confirmation, his unparalleled depth of experience at the Department and knowledge of energy and conservation policies will serve our nation’s public lands and resources well. It is no surprise to see this bipartisan vote of confidence in Secretary Bernhardt’s ability to lead Interior.
China, France to Develop OWP Project
China Energy Investment Corporation (CHN Energy) and Électricité de France Group (EDF Group) have signed a deal to jointly develop an offshore wind power project in China’s eastern Jiangsu province, Chinese official media reported.As per the agreement, CHN Energy and EDF Group will build the offshore wind power project with a capacity of 500,000 kilowatts in the city of Dongtai, said sources with Guohua Energy Investment Jiangsu company, a subsidiary of CHN Energy.The project is the first of its kind with both domestic and foreign investment in China.
Europe Offshore Fleet has 105 Wind Farms
There are now 189 GW of wind energy in Europe, making up 14% of the EU’s power demand. 18.5 GW of this is in Europe’s offshore fleet, whose 105 wind farms and 4,500 turbines now provide 40,000 jobs.According to WindEurope CEO Giles Dickson, this is set to grow.Offshore wind has a proven record of rejuvenating former industrial towns in Europe. Dickson gave the UK example of the Green Port in Hull, where offshore wind has brought €400m in investment and directly created 1,000…
Shell Faces Lawsuit From Environmentalists
Environmentalist and human rights groups said on Friday they had started a lawsuit against Royal Dutch Shell in the Netherlands to force the energy firm to cut its reliance on fossil fuels.The groups, including Greenpeace and Friends of the Earth Netherlands, handed over a court summons to Shell at its headquarters in The Hague, demanding it stop extracting oil and gas and cut its greenhouse gas emissions to zero by 2050."Shell spends billions on oil and gas exploration each year, with current plans to invest just 5 percent of its budget in sustainable energy and 95 percent in exploiting
AMS Wins Hornsea Two Gig
AMS Trenchless Specialists, North Lincolnshire-based engineering company, has won a huge contract for part of the onshore cable works for Hornsea Two, an offshore wind farm being constructed 89km off the Yorkshire Coast.AMS Trenchless Specialists, based in Scunthorpe, will undertake Horizontal Directional Drilling (HDD), a method of installing ducting and cables beneath existing infrastructure without disruption, at the landfall site in Horseshoe Point where the offshore cables…
NPD Report on High North Offshore
Norwegian Petroleum Directorate (NPD), Norwegian government agency responsible for the regulation of the petroleum resources on the Norwegian continental shelf, has presented a report on petroleum activity in the High North at the Barents Sea conference.The report titled "Petroleum activity in the High North" aims to place petroleum activity in the High North into a technological, historical and international context, showing how exploration and production of oil and gas take…
DNV GL Invites Partners for Turbine Project
DNV GL calls on industry stakeholders to join a new Joint Industry Project (JIP) to develop Recommended Practice on wind turbine design methodologies for cyclones and earthquakes.The world’s largest independent energy advisory and certification body said in a press release that the ACE (Alleviating Cyclone and Earthquake Challenges for Wind farms) Joint Industry Project is aiming to gather experiences from cross-industry players to align wind turbine design methodologies for…
Energy Demand Rose at a Record Rate
Global energy demand grew 2.3% last year, marking its fastest pace in a decade, amid a robust global economy and stronger heating and cooling needs in many regions, said the International Energy Agency (IEA).Natural gas emerged as the fuel of choice, posting the biggest gains and accounting for 45% of the rise in energy consumption. Gas demand growth was especially strong in the United States and China.Demand for all fuels increased, with fossil fuels meeting nearly 70% of the growth for the second year running.
Nordex Gives Strong Sales Outlook
Wind turbine maker Nordex on Tuesday forecast higher-than-expected sales for the current year, pushing its shares up 5.6 percent in early trade.The group expects revenues of 3.2 billion to 3.5 billion euros ($3.62-$3.96 billion) in 2019, an increase of up to 42 percent from last year and also beating the Refinitiv estimate of 2.94 billion.($1 = 0.8842 euros)(Reporting by Christoph Steitz Editing by Riham Alkousaa)
Van Oord, SGRE Win Windpark Fryslân Job
The consortium of Van Oord and Siemens Gamesa Renewable Energy (SGRE) has signed a conditional contract to build the Windpark Fryslân nearshore wind farm in the Netherlands.The large-scale nearshore wind farm is to be built in the Frisian part of the IJsselmeer in the Netherlands to Zuiderzeewind.Signed in Amsterdam, the conditional contract comprises the construction of the 380-plus MW nearshore wind farm as well as service operations for at least 16 years following completion.Van Oord – Siemens Gamesa were named preferred contractor for the project on 3 August 2018.
GoM Lease Bids Hit $244mln
Oil and gas Lease Sale 252 generated $244.3 million in high bids for 227 tracts covering 1,261,133.85 acres in federal waters of the Gulf of Mexico (GoM). According to Bureau of Ocean Energy Management data, that’s still way below the $405 million generated by the December Massachusetts offshore wind sale, but considerably better than the $178 million generated by the August 2018 GoM lease sale.A total of 30 companies participated in the lease sale, submitting $283,782,480 in all bids.
Australia: Ren. Energy to Reach 100GW Soon
Australia’s renewable energy pipeline will reach 100 gigawatts (GW) before May, which is a milestone in the country's energy sector.In January and February 6.65 GW of new capacity from 62 assets were added, said Rystad Energy, the energy research and consulting firm. This is more than double the capacity and number of assets that were added in the same period last year.“This clearly shows the confidence investors have in Australia’s renewable future and possibly where the renewables sector sees the election outcome going…
Tennet: EIA for Offshore Wind Farm
Tennet has commissioned Arcadis and Pondera to carry out an environmental impact assessment (EIA) work and permit applications for grid infrastructure for the planned 4GW Ijmuiden Ver offshore wind farm.Arcadis and Pondera said in a joint press release that the two subsea high-voltage connections will each have the capacity to bring 2GW of energy to land.The financial details of the contract were not disclosed.The 4GW Ijmuiden Ver is one of three sites identified by the Dutch government’s Offshore Wind Energy Roadmap 2030.
DEME Names Moray East Jacket Suppliers
DEME Offshore has selected tier one suppliers to supply jackets for the foundations of Moray Offshore Windfarm East (MOWEL), located in the Outer Moray Firth, 22km off the coast of Scotland.According to DEME, formerly GeoSea, Smulders will carry out a major part of the fabrication works on 55 of 100 jackets in Newcastle, including all final assembly, with Lamprell producing the remaining 45.The balance of the jackets will be supplied by Dubai-based Rig Metals LLC (part of the Lamprell Group) and then shipped and offloaded to northern Scottish ports.
Shell Bids to Build Dutch Offshore Wind Farms
Royal Dutch Shell has teamed up with energy company Eneco and builder Van Oord in a bid to build two wind farms in the Dutch part of the North Sea, the companies said on Wednesday.The tender for the wind farms, with total capacity of 750 megawatts (MW), is open until March 14 for bids that require no subsidies on electricity prices.The Dutch were among the first to offer a 'zero subsidy' tender for wind power in 2017, with Sweden's Vattenfall winning the right to build a 700 MW wind farm without price support.Vattenfall has said it would also bid in the latest tender, which is the fourth
Orsted Seeks Ways to Avoid Brexit Tariffs
Denmark's Orsted is looking at ways to avoid potential tariffs on imports of components for its multi-billion pound British offshore wind farms in the event of a disorderly Brexit, the company's UK chief told Reuters.With only 16 days before Britain is due to leave the European Union, there is still no ratified divorce deal, leading business to fear a "no-deal" exit that could see World Trade Organisation (WTO) tariffs applied to some goods.Analysts at Wood Mackenzie say around…
Large Oil Firms Invest in Shale
Oil majors are readying themselves for the energy transition by investing in shale and waiting for renewable technology to be economical, said Rystad Energy, energy research and business intelligence company.A recent review of 2019 capital budgets reveals that oil majors are the only group to increase shale expenditure from 2018 to 2019.Big companies such as Chevron and ExxonMobil recently announced plans to significantly ramp up production in prolific shale basins, such as…
Partners Group invests in Greenlink
Private markets investor Partners Group has provided equity financing for the 500-MW Greenlink interconnector, the subsea connection between Wales and Ireland in exchange for a stake in the scheme.To-date, Greenlink has been developed by Element Power, an independent renewable energy developer, which, together with funds managed by Hudson Sustainable Investments, is the other major shareholder in Greenlink.Greenlink will use a subsea high-voltage direct current (HVDC) cable system to connect the power markets of Ireland and Great Britain…
Fred Olsen Windcarrier Debuts in Taiwan
The offshore wind parks specialist Fred Olsen Windcarrier won its first major deal in the Asian market after being picked to install the 8MW Siemens Gamesa Renewable Energy (SGRE) turbines at the Yunlin offshore wind farm off Taiwan.Fred. Olsen Windcarrier will mobilise one of its special purpose-built jack-up installation vessels in Europe during the spring of 2020 which will head to Asia to start working in this emerging market.“This is a very exciting project as it is the first large transport and installation project in Asia for us.
OWC, TCE Targets Offshore Wind in India
UK-based Offshore Wind Consultants (OWC) and Tata Consulting Engineers Limited (TCE) have signed an agreement to partner up for upcoming projects in the Indian offshore wind sector.Under the agreement, OWC and TCE will combine its powers to deliver engineering and project management services to Indian offshore wind developments, said the globally focused specialised consultancy providing independent services to the offshore wind industry.OWC, which is part of Oslo-listed energy consultancy group Aqualis ASA…