Energy Sector News

Dr. Alan Lowdon OBE (Photo: Balmoral Group)

Balmoral Comtec Names Lowdon Nonexecutive Director

of Balmoral Group and a key player in the offshore energy supply chain, announced it has appointed Dr. Alan Lowdon OBE as nonexecutive director, in move aiming to strategic Balmoral's offshore wind ambition.Lowdon brings over 35 years of experience from various directorial roles in the renewable energy sector, where he has been responsible for strategic, service and product development. Notably, Lowdon was awarded the Order of the British Empire (OBE) for 'Services to UK-US Offshore Wind Collaboration' in January 2022's Queen's New Year's Honor List. Bill Main, managing director

Ocean Marlin (Credit: Sulmara)

Sulmara Set to Refit Ocean Marlin Vessel Under New Multi-Year Charter Deal

Glasgow-headquartered subsea specialist Sulmara has signed a three-year deal with Atlantic Offshore to charter the DP II multi-purpose support vessel Ocean Marlin, that will undergo substantial refitting to accommodate the needs of renewable energy sector.As part of the contract, Sulmara, who earlier in February announced the signing of a Master Service Agreement with Asso.subsea, will undertake a substantial refit of the emergency response rescue vessel (ERRV) to transform it for use in the renewables sector.The refit will include the installation of class-leading survey equipment, a subsea crane

L to R: Jongwook Kim, CEO of UST21, and Jerry Paisley, Fugro’s Regional Sales & Marketing Director for APAC (Credit: Fugro)

Fugro Sets Up South Korea Base for Offshore Renewables

Dutch survey company Fugro has opened a new office South Korea, dubbed ‘Fugro UST21’, as part of a joint venture with South Korean marine technology company UST21.Based in Incheon, the new office will provide geo-data solutions for South Korea’s growing offshore renewable energy sector, which Fugro has been actively supporting in collaboration with UST21 since 2019.The creation of Fugro UST21 establishes Fugro’s first permanent presence in the country.“We’ve already been working closely with UST21 for several years but this new office allows us to better support

© Greg Brave / Adobe Stock

US Invests Nearly $16 Million to Advance Marine Energy

contributors to a 100% clean energy grid. This funding, supported by the Bipartisan Infrastructure Law, encourages U.S. leadership in tidal and current energy development, supporting the Biden-Harris Administration’s goals to help communities meet their energy priorities and develop the marine energy sector’s supply chain and workforce.Over the past decade, the U.S. Department of Energy’s Water Power Technologies Office has supported several tidal energy deployment projects. This investment reflects that the industry is now at a phase in development that requires moving from single device

(Photo: HydroWing)

HydroWing Opens New Base in Wales

is an important milestone for us.”The new office is based at M-SParc, a science park on Anglesey, owned by Bangor University. The office will be led by Commercial Manager Osian Roberts, who was born and raised on Anglesey and has considerable international experience in the offshore renewable energy sector. He will lead a team to be based at M-SParc, creating significant new employment in the region.Parkinson added, “Commercialization of tidal stream energy has so far been held back by high operations and maintenance costs. Our HydroWing technology meets that challenge head on. It will help

Verlume's subsea storage system (Credit: Verlume)

Verlume Granted Fit4Offshore Renewables Status

Scottish energy management and storage technologies specialist Verlume has achieved the ‘Granted' status from the Offshore Renewable Energy (ORE) Catapult’s Fit For Offshore Renewables (F4OR) program.Designed as a business improvement programme and to build energy sector specific capability, F4OR has been developed with input from the offshore renewable energy industry and is managed through ORE Catapult.Verlume was enrolled in the F4OR programme in late 2021 and was presented to the granting panel in November 2023. Obtaining F4OR Granted status signifies that Verlume is competent

Ocean Harvesting Technology’s wave energy buoy (Credit: Ocean Harvesting Technology)

EU Grants $2.7M for Research Into Novel Concrete Materials for Offshore Renewables

The WECHULL+ project, co-ordinated by RISE Research Institutes of Sweden, has received a $2.7 million grant from the European Union to develop novel floating structures based on high-performance concrete for offshore renewable energy sector.The project, funded by the EU Clean Energy Transition Partnership (CETP) program, will develop and test new floating structures in an effort to reduce cost and CO2 footprint, as well as improve circularity and reliability in the offshore renewable energy sector.The three-year project, starting in December 2023, is implemented by a consortium of research organizations

Image courtesy Saipem

Back to School: Virtual Field Trip for 27,000 Students onboard Saipem 7000

of a large wind farm in the North Sea. This is the experience that almost 27,000 elementary and middle school students from over 850 cities were able to live thanks to an exclusive virtual and interactive school trip organized by Saipem, the Italian engineering services company for the energy sector, on the Saipem 7000 , the third largest crane ship in the world. The naval vessel was involved in laying the foundations for the Neart Na Gaoithe (NnG) wind farm, off the east coast of Scotland.The initiative was born with the aim of making children discover the exceptional work of Saipem engineers

Credit: Atstock Productions / AdobeStock

OEG Energy to Buy Dutch Offshore Services Firm Bluestream Offshore

Bluestream Offshore, a specialist in subsea and topside services based in the Netherlands, for an undisclosed consideration.Based in Den Helder, Bluestream is an offshore contractor providing specialist technical services above and below the waterline to a roster of blue-chip clients within the energy sector.According to OEG, Bluestream has a turnover in excess of €55 million executed through an employee base of around 55 people and more than 300 offshore subsea and topside specialists. "They are highly skilled in surface supplied diving, Remotely Operated Vehicles (ROVs), working

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