Vestdavit Hits New Sales Record as Orders Increase 76% From Last Year
Norwegian davit supplier Vestdavit has notched up a new annual sales record for another consecutive year after seeing its order intake surge by 76% in 2023 on high demand from the offshore wind and oil and gas sectors, as well as increased sales in its core naval market.Vestdavit has expanded its market position in offshore wind after both gaining new customers and winning repeat orders with existing clients, including Esvagt and Rem Offshore, with orders in this sector accounting for more than $9.4 million (NOK 100 million), or 30% of the overall sales volume.“We now have around 80% of all
Reach Subsea Charters Two Vessels Amid Increasing Demand
Maria, the charter arrangement includes 3 years firm period and 6+6 months options.Northern Maria is a survey vessel with a 20 tons crane and sufficient accommodation and deck capacity, suitable to meet Reach Subsea’s client’s requirements within both the renewable energy and oil and gas sectors.“It is an important step to take an increased market share in the early-stage survey market for offshore wind projects, as well as being a capable vessel to perform subsea inspections campaigns,” Reach Subsea said.For the Olympic Taurus, a project charter started in January 2024 for
Top 10 Things to Watch in Offshore Wind in '24
increasingly in the form of electrons … a trend that offshore wind will continue to support.About the AuthorsPhilip Lewis is Director Research at Intelatus Global Partners. He has extensive market analysis and strategic planning experience in the global energy, maritime and offshore oil and gas sectors.Tomasz Laskowicz is Research Analyst at Intelatus Global Partners. He is a PhD candidate at the doctoral School of Social Economic Sciences at the University of Gdansk. Contact the author: [email protected]
New Product: Balmoral Seamless Bend Stiffener Connector
FibreFlex, scour and cable protection systems respectively for the offshore wind sector. The latest product solution to be brought to market is a bend stiffener connector.Bend restricting devices, which include stiffeners and restrictors, are used across the offshore wind and traditional oil and gas sectors where there is a requirement to control the bend radius of a pipe, cable or umbilical.They are usually attached at topside or seabed connection areas and are typically conically shaped polyurethane mouldings with a cylindrical bore that fits over the asset.In seamlessly integrating dynamic bend
Hydromea, Unplugged Team on Subsea Resident Drone System
for condition monitoring of the underwater assets will explode over the next decade," said Igor Martin, CEO, Hydromea. "Building a digital twin of an asset underwater is currently close to impossible. The incumbent technologies are largely developed around defense and offshore oil & gas sectors that can afford the size and cost of complex systems. However, the economics of the upcoming emerging sectors are such that they require robust, lower-cost, and miniaturized continuous monitoring solutions. We are excited to help address this by combining our expertise in portable robotics and
Helix Inks Long-term Charter for Glomar Wave
Helix Energy Solutions Group, Inc., announced its robotics division has entered into a three-year charter agreement with two years of options for the DP2 offshore support vessel Glomar Wave for work on a range of opportunities in both the offshore renewables and oil and gas sectors.Helix Robotics Solutions' Glomar Wave, a DP2 66.4-meter multi-role vessel, is expected to operate across energy sectors supporting Helix clients in a variety of roles.The purpose-built vessel, equipped with a 25Te crane, can be configured with one or two remotely operated underwater vehicles (ROV) and Helix’s new
The Top 10 Offshore Wind Energy Trends to Watch in 2023
.2023 should be a good year for offshore wind…but players in the segment need to be aware of ongoing challenges.Philip Lewis is Director Research at Intelatus Global Partners. He has extensive market analysis and strategic planning experience in the global energy, maritime and offshore oil and gas sectors. For more information about Intelatus Global Partners, please visit www.intelatus.com or contact Philip Lewis at +44 203-966-249
UK: ORE Catapult, NZTC Team Up to Help Power Oil & Gas Platforms with Floating Wind
seabed to green energy production, and clearly has a big role to play in our energy transition. While we wait to see the outcome of the INTOG leasing process, it’s important to start looking at the potential technical challenges and exploring the synergies between the offshore wind and oil and gas sectors so that we can use our combined knowledge to accelerate the deployment of low carbon technology.”Graeme Rogerson, Renewables Theme Lead at the Net Zero Technology Centre, said: “INTOG is an excellent opportunity to deploy floating offshore wind and low-carbon technologies to help ramp
Bouygues Travaux Publics Acquires OO-STAR Floating Wind Foundation Tech
technological advance to accompanythe market more quickly in the necessary environmental transformation process," Philippe Amequin, CEO, of Bouygues Travaux Publics said.“Dr.techn. Olav Olsen has more than 50 years of expertise in developing infrastructure solutions in the oil and gas sectors and has been working for ten years on the development of the OO-STAR technology. We are delighted to enter into this close partnership with Bouygues Travaux Publics andto support them in building competitive infrastructure solutions for the floating offshore wind market," Olav Weider, CEO
February 2024
