Floating wind will play an important role in decarbonizing the global energy system, contributing 2% of the world’s power supply by 2050, but more comprehensive industry standards and risk management is required for the technology to scale.
Industry Group Urges UK Government To Exempt All Offshore Energy Sector Workers From Quarantine Restrictions
The global Offshore Industry Group, comprising IADC, IAGC, IMCA, IOGP, and ISOA urges the UK Government to exempt all offshore energy sector workers from the 14-day quarantine restrictions introduced on 8 June.
Pandemic And Overzealous Valuations Bad For Offshore Market – VesselsValue
The last five years have been one of the longest and most challenging downturns the offshore industry has ever experienced. Since the oil price drop of 2014/2015, the Offshore vessel market has been plagued by bankruptcies, consolidations, takeovers and mergers, forced fleet sales and most importantly a significant decrease in asset values. Values VesselsValue has […]
Fincantieri’s Subsidiary, Vard Enters The Renewable Energy Sector
The contract, anticipated on April, 1st and signed by VARD today, reaffirms the diversification strategy envisaged by Fincantieri for its Norwegian subsidiary
HUBER+SUHNER Launches Lightest And Most Compact Cable, Revolutionising Offshore Connectivity
HUBER+SUHNER, a leading manufacturer of components and system solutions for electrical and optical connectivity, has launched its fire-resistant RADOX® OFL cable solution – providing the offshore industry with a safe way to reduce platform weight.
HFW Helps BIMCO Draft Industry’s First Offshore Decommissioning Contract
Global, sector-focused law firm HFW has helped shipping association BIMCO draft an industry standard offshore decommissioning contact.