Cyan Renewables, Asia’s leading offshore wind services operator based in Singapore, today announced its acquisition of Australian offshore marine services provider MMA Offshore (ASX:MRM) for USD 702 million. The transaction…
https://gcaptain.com/cyan-renewables-acquires-mma-offshore-for-702-million/
Marine robotics company Ocean Infinity and Singapore-based Cyan Renewables have entered into a memorandum of understanding (MOU) to collaborate on the provision of offshore geophysical and geotechnical surveys as well as remotely operated vehicle (ROV) inspections and consultancy services for offshore wind projects across the Asia-Pacific region. The two companies aim to provide comprehensive marine […]
The post Ocean Infinity, Cyan Renewables form technology partnership to support offshore wind...
“Brazil is the country of the future,” goes the cliché that the Austrian writer Stefan Zweig declared in 1941 as the opening line of his book Brazil, Land of the Future. Zweig wrote in exile there, and a year later, he and his wife deliberately killed themselves with a drug overdose. Brazilians then began joking […]
The post COLUMN | Looking to the future: Petrobras newbuilds; James Fisher; Saudi Arabia’s NEOM plans; TotalEnergies and Sapura; wind bust timing [Offshore Accounts] appeared first...
Money is being made in offshore once again, but tragically lives are also being lost unnecessarily. Earlier this week, we examined how Perenco’s dysfunctional safety culture in Gabon, leading to six people dead or lost in an explosion. This is a sad backdrop for an industry booming at last. Stop...
In Part One last week, we looked at the paradox of offshore wind, a segment that is growing without profit for many players. This contrasts with offshore oil and gas, which has shrunk but has become intensely profitable for rig and vessel operators, and for the oil companies themselves. Whereas offshore oil and gas companies […]
The post COLUMN | Where the wind blows, part 2: Shell, Cadeler, HEA Energy, Cyan Renewables, Edda Wind, Norwind and Norside [Offshore Accounts] appeared first on Baird...
Singapore-based Cyan Renewables has selected Norwegian shipbuilder Vard for the design and construction of a new hybrid-powered service operation vessel (SOV). Following completion, the 85.5-metre vessel will enter into a long-term contract with Siemens Gamesa at the Hai Long Two offshore wind farm...
The sentiments of American singer-songwriter Teddy Swims on his single Lose Control seems a most appropriate soundtrack for Canada this week, especially as it comes from his debut album, the wonderfully titled I’ve Tried Everything But Therapy (Part 1). We have project blow-outs, schedule blow-outs, and some massive delays to report in Canada. Shipbuilding is […]
Asia’s first pure-play offshore wind vessel owner Cyan Renewables announced the launch of a green energy consortium, together with six other companies, to jointly design and develop electric harbour craft operations in Singapore, reports shipping telegraph.
Singapore targets for new harbour crafts to be fully decarbonised from 2030, but it currently lacks commercially viable solutions to enable such a transition, Cyan said.
Cyan RenewablesLed by Cyan Renewables, the...
https://mfame.guru/singapore-consortium-to-develop-electric-harbour-craft-operations/
Never believe what a company’s managers tell you. Always verify yourself, especially if the company is headquartered in Monaco and is run by a management team with a past reputation for underperformance in the offshore sector. Who could we be talking about? Imagine a company where the management team paid themselves a US$30 million bonus […]
The money is still pouring into new wind vessels, even as the wider orderbook for new vessels to work in offshore oil and gas remains at zero, and has been for the best p ..