Latest News for: Offshore construction activity


Australia Passes Legislation to Develop Offshore Wind Energy Industry

The Maritime Executive 25 Nov 2021
... pre-construction development for projects proposed for Australia’s southern coast ... The leading project is the Star of the South which will receive funding to support pre-construction development activities for an offshore wind farm with a proposed capacity of up to 2.2GW.

South Fork Wind Receives Federal Record of Decision, Setting Stage for New York’s First Offshore ...

Eagle-Tribune 24 Nov 2021
South Fork Wind remains on track to be fully permitted by early 2022, and with the project’s joint venture partners Ørsted and Eversource ramping up construction activities soon after on the 132-megawatt offshore wind farm serving Long Island.

Schlumberger Announces Third-Quarter 2021 Results

Egypt Commercial News 03 Nov 2021
“Among the Divisions, Well Construction continued its growth momentum, with revenue increasing 8% sequentially due to higher international and North America drilling activity both on land and offshore ... revenue increasing, driven primarily by Well Construction activity.

Jio conducts 5G trials, explores partnerships with global integrators

The Telegraph India 23 Oct 2021
Reliance Jio is conducting trials for 5G and exploring partnerships with global system integrators ... Advertisement ... Gas production ... The construction activities at various locations are progressing on schedule with the second offshore campaign expected to commence in 3QFY22,” RIL said in its second quarter earnings presentation ... .

Port project may create 900 jobs for Galway Gaeltacht

Irish Independent 14 Oct 2021
The €17.4m investment in floating offshore wind farms off Ros a Mhíl would also kick-start plans to power 2.25 million homes by wind farms by 2050 ... “The significant economic activity associated with offshore construction and wind farm operations may be realised through long-term employment opportunities local to the port and within the region.

China Steel to invest in wind energy venture

Taipei Times 24 Sep 2021
The company plans to inject fresh capital into its offshore wind subsidiary, a joint venture with Denmark’s Copenhagen Infrastructure Partners ... In addition to the development of Chong Neng, China Steel is “actively pursuing steel material and construction opportunities in the offshore wind industry,” the company said.

Saipem looks to set up new company with Saudi Aramco

Splash24/7 21 Sep 2021
... Aramco, including the execution of a wide set of activities, from onshore and offshore engineering and construction to drilling activities, with onshore and offshore rigs.

Fin close reached on 800-MW Vineyard Wind project

Renewables Now 16 Sep 2021
The milestone will enable them to issue a notice to proceed to contractors for the onsite and offshore construction activities, the unit of Avangrid Inc (NYSE.AGR) and CIP said on Wednesday ... set to begin this autumn, while offshore construction will start in 2022.

Ocean Wind and Aker bid to develop offshore projects in Scotland

Power Technology 15 Sep 2021
Ocean Winds (OW) and Aker Offshore Wind (AOW) have submitted a joint bid as part of the ScotWind process to deliver 6GW of floating offshore wind capacity ... AOW has been active in Scotland since the 1980s and has been engaged in building ships and designing, constructing and servicing offshore installations.

South Fork Wind to Build the First-Ever American-Made Offshore Wind Substation, Creating Jobs Across Three ...

The Marshall News Messenger 25 Aug 2021
In the United States, Ørsted operates the Block Island Wind Farm, America’s first offshore wind farm, and constructed the two-turbine Coastal Virginia Offshore Wind pilot project – the first turbines to be installed in federal waters.

DOF Subsea scores multiple Asia Pacific contracts

Splash24/7 23 Aug 2021
For the first campaign, the vessel will support maintenance activities at an offshore facility in the Timor Sea and then be deployed on construction and pre-commissioning campaigns off the northern Australian coast.

BCG Digital Ventures and MISC Announce Co-Investment in Three Ventures to Disrupt the Maritime Solutions ...

The Marshall News Messenger 16 Aug 2021
The principal businesses of the Group comprise energy shipping and its related activities, owning and operating offshore floating solutions, marine repair and conversion, engineering and construction works, integrated marine services, port and terminal services, and maritime education and training.

Hanwha Solutions targets RES Group's French renewables business

Renewables Now 09 Aug 2021
The move shows the Korean group's intention to actively expand its business focus beyond solar to other renewable energy sectors, including onshore and offshore wind ... It is active in the development and construction of onshore and offshore wind, as well as solar photovoltaic (PV) plants ... ....

Schlumberger Announces Second-Quarter 2021 Results

Egypt Commercial News 27 Jul 2021
Well Construction revenue increased 9% sequentially from increased drilling activity in US land and broadly across the international markets, particularly offshore ... Sequentially, Well Construction pretax operating margin of 13% improved by 209 bps due to higher drilling activity ...

Middle East helps Schlumberger to profit beat as margins soar on revenue gains

Arab News 24 Jul 2021
Still, oilfield activity levels remain far below pre-pandemic levels and oil demand could face a ... Double-digit sequential revenue growth was posted in Qatar, UAE, and East Asia from higher reservoir performance and well construction activity, Schlumberger said in a statement.