Offshore is one of the industries with the biggest risk profiles in the world. When bad things happen in offshore, people die, often there are explosions and sinkings, fires and oil spills, and the environment can be badly polluted, killing seabirds, fish, dolphins and coral, and inflicting...
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...
Worldwide, decommissioning of end-of-life offshore wells and platforms is an important market for a number of specialist offshore service providers. A recent report from the Government Accountability Office (GAO) indicates that the U.S. market could be a whole lot bigger but for inaction by two U.S. Department of the Interior Agencies: the Bureau of Safety and Environmental Enforcement (BSEE) and the Bureau of Ocean Energy Management (BOEM).
According to GAO, as of June 2023, more than 2,700...
https://www.marinelog.com/offshore/gao-slams-bsee-and-boem-delays-on-offshore-decommissioning/
Kylie Minogue has a new pop single out this week, called Tension, which is most appropriate. There’s tension in the Eastern Mediterranean, tension across the offshore wind industry, as another major operator takes a big write off, and tension in Maersk Supply Service, where 130 British staff face redundancy, the COO has been let go, […]
The post COLUMN | Tension: Chevron in Cyprus; Ørsted’s woes; Maersk Supply Service restructures; Borr’s Mexican receivables [Offshore Accounts] appeared first on
COSCO Shipping Shipyard in Nantong, China, has handed over a new wind turbine installation vessel (WTIV) to the marine works provider the Jan De Nul Group. The Bureau Ver ..
The post VESSEL REVIEW | Voltaire – Large turbine installation vessel joins Jan De Nul fleet appeared first on Baird Maritime.
New installation works are in the pipeline in the UK North Sea, Mexico, and West Africa. Well intervention projects are meanwhile either underway or already completed in ..
Construction work progresses on wind farm projects in Taiwan and France as surveys are in the pipeline off Australia and Italy. Subsea installation works will be undertak ..
James Fisher and Sons and Abu Dhabi-based engineering and marine projects company the NMDC Group have entered into a memorandum of understanding (MOU) to collaborate on k ..
The post James Fisher, NMDC Group to collaborate on offshore projects appeared first on Baird Maritime.
Curvy, body positive American singer Lizzo’s new single “About Damn Time” has stormed to number one on the Billboard Chart in the US, and into the top ten i ..
Newly awarded and ongoing works are mainly for installation and decommissioning projects benefiting clients in the wind and O&G markets in Europe, Africa, the Middle ..
The post Work Boat World Offshore Projects Roundup – May 31, 2022 appeared first on Baird Maritime.