Volume 48, Number 1
Photo courtesy ABS; Copyright SBM Offshore
Copyright Björn Wylezich/AdobeStock
The case for OSV Newbuilds
Is the market ready for newbuild orders again?
Photo courtesy MacGregor
Rig Scrapping Lowest in Years as Recovery Intensifies
Image courtesy Welligence Energy Analytics
Sub-Saharan Africa FLNG
Uniquely Positioned to meet European LNG Demand
Floating Wind is the Future
$3 billion forecast to be invested in new anchor handlers to meet floating wind demand.
WTIV Boom Looms
Up to $8bn forecast to be invested in new wind turbine and foundation installation vessels to meet offshore wind demand I the international segment
Baltic Sea Preps for Surge in Offshore Wind Project Activity
The Baltic Sea area offers the countries of the region (Poland, Estonia, Lithuania, Latvia, Finland, Sweden, Denmark and Germany) a large generation potential for offshore wind energy. The European Commission identifies the potential of the Baltic Sea for the installation of 93.5 GW of offshore wind farms, but this figure may be an underestimate.
Floating Production: Opportunities … & Challenges … Abound
2022 was a banner year for the Floating Production sector, and ’23 is shaping up even better, with IMA/WER projecting orders for 9 to 11 FPSOs, a few FLNGs and a handful of FSRUs, too. But while prospects are bright, a number of hurdles – from a dearth of qualified contractors to the energy transition to heightened environmental regulation – could put the sector back on ice.
Source: ABS; Copyright SBM Offshore
Reducing CO2 emissions from FPSOs
Gas turbines used to be the obvious choice for powering FPSOs, not any more.
Photo by Bartolomej Tomić
Horisont Energi: The North Star of Offshore Carbon Capture and Storage
Carbon capture and storage has been described as one of the critical technologies for slowing down global warming, and one company in Norway is set to act as the “North Star“ and lead the way in this effort.
Photo courtesy Bernhard Schulte Offshore /Matthias Giebichenstein
Retrofits Could Accelerate U.S. Offshore Wind Development
The US Administration’s strategy to fast-track offshore wind development is exciting for overseas shipbuilders and service providers in the field. Joint ventures meeting Jones Act requirements will support accelerating development. Some question, however, whether ambitious 2030 targets can actually be achieved.
Image courtesy Nauticus
Aquanauts, Hydronauts, roll out!
Houston-based Nauticus Robotics’ first production Aquanauts and Hydronauts will head into the wild and closer to full commercialization this year, with testing planned in Norway and in the Gulf of Mexico. Founder and CEO Nicolaus Radford discusses the past few busy years for the tech start-up.
The Rise of Electric Work Class ROVs
In this article, we look closely at the latest developments in the work class ROV space. Based on what we’ve gathered, the future is increasingly electric.
Photo courtesy Well-Safe Solutions
SIMOPS & the Schooner Platform Decommissioning
A summary of the operational benefits of SIMOPS – as seen during the Schooner platform decommissioning campaign.
Photo courtesy MacGregor
With equipment installed on the equivalent of every other ship at sea, MacGregor’s marine and offshore ambitions to exploit digital twin technology at scale are as achievable as they are understandable.
By the Numbers: Discoveries & Reserves
By the numbers: RIGS
By the Numbers: OSV Market