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Offshore Energy

Harvey Gulf Adds Battery Power to Harvey Champion PSV

Credit: Harvey Gulf

U.S.-based offshore vessel operator Harvey Gulf International Marine has said it has converted its Harvey Champion platform supply vessel into a dual-fuel vessel. The Harvey Champion is now operating on both battery power and diesel.  "The Champion now boasts 754 kWh of battery power,

Favorable Offshore Winds Blowing from the Biden Administration

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As part of his Executive Order on Tackling the Climate Crisis at Home and Abroad (EO 14008)—issued on the first day he took office—President Biden made significant commitments to renewable energy. These commitments include collaborating with multiple federal agencies in the United States and promoting

Maritime Safety: POB Tracking Will Become Essential Offshore, Says Olympic Subsea

A ScanReach mesh can extend across an entire windfarm (Image courtesy Olympic Subsea)

Keeping track of personnel on board (POB) “will be a requirement on all contracts” with offshore energy companies, predicted Tonny Sørdal, vice-president for quality, safety, health and environment of support vessel operator Olympic Subsea ASA.He was speaking just a year after one of its customers first asked for that capability and now,

Riding the Tides: Interview with Jason Hayman, CEO, Sustainable Marine Energy

“In developing a floating system, the real challenge is dealing with the huge loads through the mooring system. To give you an idea, two of our turbines produce the same thrust as an F-35 fighter jet on full afterburner. So you take our new six-turbine platform, and that's like taking three F-35s, telling the pilots hit full throttle, and putting that on a leash.”
Jason Hayman, CEO, Sustainable Marine Energy

Harnessing the power of the tides is not for the squeamish, with the roster of trials and failures long and distinguished. Jason Hayman and his Sustainable Marine Energy crew are putting their tech to the test in one of the harshest spots on the planet, the Bay of Fundy, as his discussed with Marine Technology TV.

Biden Administration Aims for US Leadership in Offshore Wind -Official

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The Biden administration aims to transform the United States into the world’s leading producer of energy from offshore wind after years of lagging behind Europe, a senior official said on Wednesday.President Joe Biden’s cabinet earlier this week unveiled a plan to boost the industry that promised new acreage,

Van Oord's Offshore Vessel to Cut Emissions, Fuel Consumption with FUELSAVE Tech

Credit: Van Oord

Dutch marine contractor and offshore installation services company Van Oord will install a combustion conditioning system with hydrogen and methanol on its subsea rock installation vessel Bravenes, in a push to cut emissions from its fleet.The system, called FUELSAVE FS MARINE+,  is a patented solution

US Vineyard Wind Project Clears Key Hurdle

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The Interior Department completed its final environmental review of what would the first commercial scale U.S. offshore wind farm, it announced on Monday, clearing a key hurdle needed to permit the project off Massachusetts.The U.S. Bureau of Ocean Energy Management (BOEM)’s final environmental impact statement for the Vineyard Wind project,

Strong Offshore Wind Lifts U.S. Maritime, Port, and Logistics Companies

Credit: vipaladi/AdobeStock

After several false starts, 2021 is the year when the U.S. offshore wind industry begins to realize its potential. This is according to Philip Lewis, Director of Research, World Energy Reports (WER).In an interview with Maritime Reporter TV's Greg Trauthwein, Lewis, whose WER is set to release

ENERGY: Oil Rises on Vaccine Optimism, U.S. Stimulus

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Oil prices open March 2021 on a strong note, supported by optimism about COVID-19 vaccinations, a U.S. stimulus package and growing factory activity in Europe despite coronavirus restrictions.Brent crude was up 63 cents or 1% at $65.05 a barrel by 1150 GMT, and U.S. West Texas Intermediate (WTI) crude jumped 62 cents or 1% to $62.

MARKET: Why Don’t OSVs Get Scrapped?

Offshore Supply Vessel (Credit: STOCKSTUDIO/AdobeStock)

The OSV sector will be reliant on a hitherto unseen amount of scrapping to balance the market, writes Gregory Brown, Associate Director – Offshore, Maritime Strategies InternationalThere is a consensus that an OSV market recovery will only be driven a supply side rationalization. As well as a lack of newbuild activity,

Market Report: FPSOs ... Charting the Path Ahead

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COVID-19 will continue to skew the floating production systems market for the coming 24 months, while buying power for a large portion of FPSO contracts will be centered in Brazil and Guyana/Suriname. These two areas are expected to account for more than 60% of the FPSO contracts awarded between 2021 and 2025.

More GoM Work for Magseis Fairfield

Magseis Fairfield's ZXPLR Node - Credit: Magseis Fairfield

Oslo-listed Magseis Fairfield on Friday said it had won a deep-water 4D Ocean Bottom Node (OBN) monitor survey contract in the US Gulf of Mexico with a repeat customer.The survey will be conducted with Magseis Fairfield’s ZXPLR technology, currently in use for ongoing projects in the same region. The start-up is expected to be mid-Q2 2021,

Offshore Services Firm OceanPact Completes $227 Million IPO

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Brazil maritime services provider OceanPact Servicos Maritimos has concluded a 1.22 billion reais ($226.51 million) initial public offering, according to a securities filing on Wednesday.OceanPact priced the offer at 11.15 reais per share, at the bottom limit of the indicative range of up to 13.85 reais per share.

Cummins QSK95s: Big Electric Power for Conversion of Ariake to FPSO

Oil Tanker, ARIAKE ready for Conversion. (Photo courtesy Cummins/Haig-Brown)

Floating Production Storage and Offloading (FPSO) vessels are essential tools in the search for oil  in deeper waters, further from shore-based facilities. Typically, the large FPSO is stationary with a number of wells feeding oil into its holds. The oil can then be pumped off to shuttle tankers that transport it to shore side tanks and refineries.

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