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  • Volume 83, Issue 5, September/October 2023

    • Volume 83, Issue 5, September/October 2023

    DEEPWATER PLATFORMS GO GREEN: Operators look for ways to reduce emissions on new, upcoming FPSOs
    Photo 290373025 © Ranimiro Lotufo | Dreamstime.com
    Home

    Offshore investments increasing to meet energy, low carbon demands

    Oct. 31, 2023
    The offshore oil and gas industry is in an investment upcycle, fueled by recovering oil demand, firm commodity prices, availability of cash flow, and a pent-up pipeline of opportunities...
    Courtesy Petrobras
    Petrobras says that the standardized design on its P-84 and P-85 FPSOs represents an industry first with the introduction of an all-electric concept for both vessels.
    Home

    Deepwater production platforms go ‘green’

    Oct. 31, 2023
    Petrobras, Equinor looking to reduce emissions on new, upcoming FPSOs
    Photo 14820043 © Nightman1965 | Dreamstime.com
    Jackup Rig In Shipyard Dreamstime M 14820043
    Rigs

    Upcycle in rig demand creates lean inventory in shipyards

    Oct. 31, 2023
    Investors, drilling contractors snapping up ‘stranded’ newbuilds.
    All images courtesy Oil States International, Inc.
    Cindy Taylor
    Home

    Oil States CEO: Offshore industry faces transformative moment

    Oct. 31, 2023
    Industry must meet oil and gas demand while also reducing its carbon footprint, says Cindy Taylor.
    Photo 133126568 © Ian Dyball | Dreamstime.com
    Offshore Wind Dreamstime L 133126568
    Canada

    Atlantic provinces pioneer Canada’s offshore wind development

    Oct. 31, 2023
    Canada is making rapid strides to add offshore wind power to its expanding energy mix

    More content from Volume 83, Issue 5, September/October 2023

    Photo 166984644 © Shane Adams | Dreamstime.com
    Spar B&w Dreamstime M 166984644
    Decommissioning

    US deepwater decommissioning market estimated at about $24.3 billion

    Oct. 31, 2023
    Well abandonment accounts for almost four-fifths of the market at $18.9 billion
    All photos courtesy Well-Safe Solutions
    Subsea tree recovery
    Home

    P&A solutions provider builds team, rig fleet to take on North Sea wells

    Oct. 31, 2023
    Campaign approach now extending to other markets
    288292584 © VICTORIA CHIZHEVSKAYA | DREAMSTIME.COM
    2310off Ow Cover
    Renewable Energy

    2023 Offshore Wind Special Report

    Oct. 31, 2023
    Latest projects and technologies evolving and advancing the offshore wind sector
    Photo 288503049 © Dabisik | Dreamstime.com
    Offshore Wind
    Renewable Energy

    Offshore wind developers debating potential success of planned projects

    Oct. 31, 2023
    Global 2030 targets would require a $27 billion investment in the global supply chain by 2027 simply to cover requirements for blades, foundations, nacelles, towers and installation...
    Courtesy Gazelle Wind Power
    Gazelle Wind Power’s floating offshore wind platform utilizes modular and scalable design, less input materials and a reduced environmental footprint than current designs to address industry concerns around technology costs, supply chains, port infrastructure and sustainability.
    Renewable Energy

    Rethinking design will fundamentally alter the future of floating offshore wind for the better

    Oct. 31, 2023
    Gazelle Wind Power CEO says increased investment and innovation breakthroughs will reduce the energy costs in floating offshore wind in the coming years.
    © 2023 Great Lakes Dredge & Dock Co. LLC. All rights reserved.
    The Acadia subsea rock installation vessel from GLDD is under construction at Philly Shipyard Inc.
    Vessels

    US offshore wind’s new vessel opportunities

    Oct. 31, 2023
    The US offshore wind build-out will require more than 110 US vessels to meet 30 GW by 2030.
    Courtesy Port of Aberdeen
    An aerial view shows the South Harbour in Aberdeen, which could host marshalling and assembly operations for floating offshore wind projects in the North Sea.
    Renewable Energy

    UK ports making preparations for floating offshore wind

    Oct. 31, 2023
    Major upgrades to support first projects in the North Sea
    Courtesy Xodus
    Cable 2
    Renewable Energy

    Increased cable manufacturing needed to deliver for net zero

    Oct. 31, 2023
    There is likely to be huge demand for interconnectors and export cables for offshore wind farms in the next decade.
    Courtesy Spinergie
    Steel Demand Spinergie
    Renewable Energy

    Steel demand adds to supply chain complexities

    Oct. 31, 2023
    Monopile foundation analysis highlights scale of steel demand required to meet 2030 targets
    Courtesy Akselos
    Wind Turbine Imagination Model (1)
    Renewable Energy

    Overcoming offshore wind industry obstacles with digital twins

    Oct. 31, 2023
    Digital twin technology can reduce costs by enabling more efficient designs that require fewer resources.
    Courtesy X1 Wind
    X1 Wind's X30 floating wind prototype installed in the Canary Islands has successfully produced its first kWh, marking Spain’s first floating wind prototype to export electricity via a subsea cable.
    Renewable Energy

    TLP mooring system decreases floating offshore wind costs

    Oct. 31, 2023
    The PivotBuoy Project is the world’s first fully functional TLP floating wind platform to export electricity.
    Courtesy Cognite
    Ørsted harnesses the power of drone technology and AI for smarter, safer inspections of its offshore wind turbines.
    Renewable Energy

    How Industrial DataOps is transforming maintenance inspection

    Oct. 31, 2023
    Ørsted digitalized its maintenance process and enabled repeatable drone inspections in confined interior spaces of its monopile wind turbines.
    Courtesy Odfjell Oceanwind
    Click the image to view in greater detail.
    Renewable Energy

    Tax incentives are a catalyst for floating offshore wind decarbonization projects

    Oct. 31, 2023
    Companies can use the UK tax system to accelerate decarbonization projects like floating offshore wind.
    Courtesy Natural Power
    Offshore Sunrise As 421316609
    Renewable Energy

    Navigating regulatory challenges in Poland's offshore wind sector

    Oct. 31, 2023
    There are substantial opportunities for those who can adeptly navigate the intricate challenges posed by the regulatory environment.
    Courtesy WavEC Offshore Renewables
    Located off the coast of Viana do Castelo, Portugal, and connected to the grid by the end of 2019 and commissioned in 2020, WindFloat Atlantic is a first-of-a-kind floating offshore wind farm, supplying the Portuguese electricity grid with clean energy.
    Renewable Energy

    Portugal prepares for offshore wind boom

    Oct. 31, 2023
    Portugal is paving the way for a new offshore wind era.
    Courtesy RWE
    Gom Rwe
    Renewable Energy

    GoM’s offshore wind auction has anticlimactic results

    Oct. 31, 2023
    RWE was the sole bidder for one of three leases auctioned in the Gulf of Mexico.
    Courtesy Orsted
    Ocean Wind 1 is a 75%/25% partnership between Ørsted and Public Service Electric & Gas. The project will be located 15 miles off the coast of southern New Jersey.
    Renewable Energy

    Virginia, New Jersey offshore wind a ‘premier market for investment’

    Oct. 31, 2023
    Industry must build up a stronger supply chain and vessel fleet to meet state goals.
    Courtesy Maryland Department of Commerce
    Strum Contracting Co. Inc. performs work on behalf of Ørsted at Tradepoint Atlantic, the largest multi-modal site available in the Baltimore/Washington market.
    Renewable Energy

    Minority-owned businesses move offshore wind in Maryland

    Oct. 31, 2023
    Maryland is meeting ESG and DEI goals while serving as a core hub of manufacturing and logistical activity for the wind sector.
    Photo 42701688 © Vinnstock | Dreamstime.com
    Business Briefs

    Data Briefs

    Oct. 31, 2023
    At-a-glance statistics and analysis of the offshore energy industry
    Courtesy MODEC/Petrobras
    Home

    Global E&P Briefs

    Oct. 31, 2023
    A compilation of the latest offshore exploration and production updates and projects from around the world
    Courtesy DeepOcean
    DeepOcean's AID was recently deployed on an inspection campaign for an operator on the Norwegian Continental Shelf.
    Subsea

    Automation and AI optimizing subsea inspection processes

    Oct. 31, 2023
    Robotics are more efficiently and cost effectively inspecting subsea assets
    Courtesy Saudi Aramco
    Saudi Aramco is driving the increased demand for jackup rigs in the Middle East as the Saudi state company expands its fleet to help boost production capacity.
    Vessels

    Middle East continues to drive jackup rig activity

    Oct. 31, 2023
    The Middle East jackup market remains “solid,” with NOCs deploying increased capex spending for offshore oil and gas production capacity.
    Courtesy Mocean Energy
    Renewable Energy

    Wave energy technology continues to advance

    Oct. 31, 2023
    As the search for sources of renewable offshore energy continues, researchers and developers continue to make progress on various wave energy technologies.
    Photo 48308987 © Narmada Gharat | Dreamstime.com
    Fpso
    Home

    Collaboration is the key for accelerating FPSO performance

    Oct. 31, 2023
    The old ways of working are no longer serving us well when it comes to the design, build and operation of our complex facilities, particularly FPSOs.