Jackups/Liftboats

COLUMN | Looking to the future: Petrobras newbuilds; James Fisher; Saudi Arabia’s NEOM plans; TotalEnergies and Sapura; wind bust timing [Offshore Accounts]

“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 […]

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https://www.bairdmaritime.com/work-boat-world/offshore-world/column-looking-to-the-future-petrobras-newbuilds-james-fisher-saudi-arabias-neom-plans-totalenergies-and-sapura-wind-bust-timing-offshore-accounts/

VESSEL REVIEW | Boqiang 3060 – Chinese construction firm places large-capacity installation jackup into service

Boqiang Heavy Industry's wind turbine installation vessel Boqiang 3060

Chinese shipbuilder CIMC Raffles has handed over a new large jackup wind turbine installation vessel (WTIV) to compatriot private offshore wind construction company Boqiang Heavy Industry. The aptly named Boqiang 3060 (博强3060; “Broad Power 3060”) was designed and built by CIMC Raffles in compliance to China Classification Society (CCS) rules as well as standards covering […]

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https://www.bairdmaritime.com/work-boat-world/offshore-world/offshore-installation-decommissioning/offshore-construction/vessel-review-boqiang-3060-chinese-construction-firm-places-large-capacity-installation-jackup-into-service/

COLUMN | On the edge? McDermott, Petrofac, The Metals Company and Cadeler [Offshore Accounts]

Lady Gaga famously sang that she was “on the edge of glory”. This week, we look at four companies on the edge of….well, something. Let’s check in on two construction companies, a subsea mining venture, and our favourite wind turbine installer. McDermott on the edge Finally, a judge in the UK has...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-on-the-edge-mcdermott-petrofac-the-metals-company-and-cadeler-offshore-accounts/

COLUMN | Correcting course: Aramco and jackups; Siem Offshore and Kristian Siem; Ferguson Marine; MMA Offshore; Maersk/Svitzer [Offshore Accounts]

Harold Macmillan was supposedly once asked what the most troubling problem of his time as British Prime Minister was. “Events, my dear boy, events,” was his reply. I thought I had this week’s column nailed well in advance, but offshore is an industry especially susceptible to unexpected and hard to predict “events”. So, we must […]

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https://www.bairdmaritime.com/work-boat-world/offshore-world/column-correcting-course-aramco-and-jackups-siem-offshore-and-kristian-siem-ferguson-marine-mma-offshore-maersk-svitzer-offshore-accounts/

COLUMN | Where the wind blows, part 2: Shell, Cadeler, HEA Energy, Cyan Renewables, Edda Wind, Norwind and Norside [Offshore Accounts]

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 […]

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https://www.bairdmaritime.com/work-boat-world/offshore-world/column-where-the-wind-blows-part-2-shell-cadeler-hea-energy-cyan-renewables-edda-wind-norwind-and-norside-offshore-accounts/

COLUMN | Quick updates: Total buys a rig; Trident cans a rig; Standard sales succeed and fail; Saipem wins and loses corruption battles; Sapura hit with wind arbitration [Offshore Accounts]

Gong Xi Fa Cai, Kung Hei Fat Choi, and Chúc mừng Năm Mới! Happy Lunar New Year to all our readers, and welcome to the Year of the Dragon. At least, this is one time of year where nobody will be sneaking abandoned offshore rigs and supply vessels out of Chinese shipyards to the market […]

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https://www.bairdmaritime.com/work-boat-world/offshore-world/column-quick-updates-total-buys-a-rig-trident-cans-a-rig-standard-sales-succeed-and-fail-saipem-wins-and-loses-corruption-battles-sapura-hit-with-wind-arbitration-offshore-accounts/

COLUMN | Lowered expectations: Saudi Arabia’s oil production; Nigeria’s currency; SBM’s whistleblower; Falkland Islands’ FPSO [Offshore Accounts]

The novelist Jodi Picoult once said that, “there are two ways to be happy: improve your reality, or lower your expectations.” Changing the world for the better is hard, but there have been a lot of expectations lowered in the offshore industry this week. Unfortunately, these reduced expectations seem to have produced little joy in […]

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https://www.bairdmaritime.com/work-boat-world/offshore-world/column-lowered-expectations-saudi-arabias-oil-production-nigerias-currency-sbms-whistleblower-falkland-islands-fpso-offshore-accounts/

Gale-force winds, high waves led to tilting of liftboat in Gulf of Mexico, NTSB report reveals

Gale-force winds and high waves from a storm led to the listing (tilting) of an elevated liftboat in the Gulf of Mexico in an incident that occurred in late 2022, the National Transportation Safety Board (NTSB) said recently. On November 20, 2022​, the liftboat L/B Robert was reported to be listing...

https://www.bairdmaritime.com/work-boat-world/offshore-world/jackups-liftboats/gale-force-winds-high-waves-led-to-tilting-of-liftboat-in-gulf-of-mexico-ntsb-report-reveals/

Offshore Vessel News Roundup | January 9 – Chinese-built turbine installation vessels plus new crewboats for US and Brunei owners

Deliveries include a crewboat for a US windfarm support company and a turbine installation vessel for a Chinese owner. A installation vessel for a Danish operator is meanwhile launched into the water for the first time. Finally, a Brunei-based firm places an order for a new fast crewboat with secondary emergency response capability. WINDEA CTV […]

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