Orsted: Strong first half
Orsteds earnings from offshore and onshore wind farms in operation increased by 17% to DKK 8.2 billion driven by ramp-up of power generation from Hornsea 1, Lockett, and Sage Draw together with high wind speeds.
Tyra lift makes Danish History|
This week the world’s largest construction vessel completed the lift of the main Tyra East platform with a weight of 14,000 tons or two Eiffel Towers. What a spectacular view!
Maersk Drilling CFO quits his job|
Maersk Drilling’s Chief Financial Officer, Jesper Ridder Olsen, has decided to pursue another opportunity outside Maersk Drilling and will leave the company by end January 2021 at the latest. Jesper Ridder Olsen was appointed CFO and member of Executive Management in Maersk Drilling in 2018.
Maersk Drilling invests in green technology|
Maersk Drilling has entered an agreement to invest USD 1m in the California-based company Clean Energy Systems to help develop a new technology called Carbon-Negative Energy. The agreement gives Maersk Drilling an option to offset the emissions resulting from drilling for its customers or for the company itself.
Swire Blue Ocean clinches contract|
Swire Blue Ocean has been selected by MHI Vestas Offshore Wind for the transportation and installation of wind turbine generators at the Seagreen offshore windfarm in Scotland, for which SSE Renewables and Total reached FID on 3rd June 2020.
|Maersk Drilling awarded one-well contract|
Maersk Drilling has secured an additional one-well contract from Aker BP, acting as operator of the Tambar license, for the low-emission jack-up rig Maersk Integrator. The contract has an estimated duration of 73 days and a contract value of approximately USD 18.5m.
|Offshore wind secures thousands of jobs|
Every time one gigawatt of offshore wind is set up in Denmark, 14,600 full-time equivalent jobs are secured in Danish companies. This are the findings of a new study, which for the first time has examined in detail the national and local economic effects
Maersk Drilling joins CO2 storage consortium|
Maersk Drilling is joining a new CO2 storage consortium formed by INEOS Oil & Gas Denmark and Wintershall Dea. The consortium targets the development of CO2 storage capacity offshore Denmark based on reusing discontinued offshore oil and gas fields for permanent CO2 storage.
Maersk Drilling revises financial guidance|
Maersk Drilling has re-assessed the commercial and operational assumptions underlying the financial forecasts for 2020 and revises its guidance for 2020 for EBITDA before special items to 250-300m dollar - previous guidance of 325-375m dollar.
Maersk Drilling secures 11-month extension|
Maersk Drilling has been awarded a four-well extension for the jack-up rig Maersk Intrepid to continue working for Equinor offshore Norway. The extension continues the rig’s current workscope at the Martin Linge field.
Vestas revenue on par with Q1 2018|
In the first quarter of 2019, Vestas generated revenue of EUR 1,730m – an increase of 2 percent compared to the year-earlier period. EBIT before special items decreased by EUR 83m to EUR 43m. The EBIT margin was 2.5 percent compared to 7.4 percent in the first quarter of 2018 .
|Esvagt strengthens focus on offshore wind|
‘We need to get to know our customers even better and gain a deep understanding of how we bring value to our customers. We need to be on their journey from the very beginning!’. This is the reason Søren Karas, CCO at Esvag, gives for its increased focus on business development of the offshore wind energy sector with the appointment of Thomas Fauerby as Head of Business Development, Core Business at Esvagt.
|COWI opens branch office in Taipei|
To accommodate ongoing and recently won offshore wind projects, COWI has opened a branch office in Taipei, adding to its Asian presence with offices in Hong Kong, Seoul and Singapore. Likewise, the company’s offices in Boston and Hamburg are being staffed up to meet the growing demand for Danish wind expertise. COWI aims to double its wind business in the coming three years.
A strong 2018 for Semco Maritime|
Semco Maritime grew revenue and earnings in 2018 driven by a number of offshore wind projects and a significantly higher activity level for the Group’s international Oil & Gas business, which generated particularly strong growth in the UK and Norway.
Semco Maritime wins Tyra order|
Offshore project and engineering company Semco Maritime has been awarded an EPCI contract with Total as part of the Tyra Redevelopment Project in the Danish North Sea.
MHI Vestas wings beats rivals|
MHI Vestas have almost sold the first batch of a new type of 9,5 wind turbine with wings that are 85 meters. MHI Vestas have hereby broken the record for production of the markets longest wings. Vestas have been very secret about introducing the new wings.
Maersk initiates separate listing of Drilling|
In continuation of the announcement on 17 August 2018, the A.P. Møller - Mærsk A/S (A.P. Moller - Maersk) Board of Directors has decided to initiate the separation of A.P. Moller - Maersk's drilling activities through a demerger of A.P. Moller - Maersk.
|Esvagt tests wave power device|
Esvagt's vessels and crew can handle tasks as diverse as towing a wave power device.
Wave power is one of the possible sources of renewable energy, and Esvagt has helped Wavepiston install their device at the test site near Hanstholm, Denmark.
|Maersk rig hired for drilling in Mexico|
The oil and gas company Cairn Energy has signed a contract with Maersk Drilling for renting the semi-submersible drilling rig Maersk Developer for a drilling program of the coast of Mexico. The contract is for 110 days and will begin in September 2019.
NorSea gets Sprogø Wind Farm Contract|
NorSea Wind, which is headquartered in Esbjerg, has won the contract for operation and maintenance of the Sprogø Offshore Wind Farm in the Great Belt. The Norwegian owned company began the job on January 1 2019, after getting the contract through a bidding process.
Offshore worker dies in North Sea|
An offshore worker died at 11 o’clock on January 24 after falling into the North Sea while working on Total’s Culzean gas field. His body was found later the same day, and his family was then informed. The victim’s identity has not been made public.
MHI Vestas to Open US HQ in Boston|
Marking a new era for MHI Vestas Offshore Wind in the US, the company will establish its base in Boston with recent hire Jason Folsom to lead the company’s ramp-up efforts. The office will focus initially on sales and strategy as it develops a local footprint for projects in the region.
Orsted delayed on Taiwanese projects|
Taiwan’s Bureau of Energy has not issued an establishment permit for the Changhua 1 and 2a projects by close of business local time January 2. It is no longer possible for Ørsted and the Taiwanese utility Taipower to sign a 2018 PPA.
|Fred. Olsen Windcarrier buys Seafox 5|
Fred. Olsen Windcarrier has signed a contract with Seafox International Group regarding a 51 percent ownership in the jack-up-vessel Seafox 5. The Singapore-based Keppel Offshore and Marine Ltd. Owns the remaining 49 percent of the vessel.
|Windmills in the Baltic Sea, Yes Please!|
According to the Ministry of Climate, Energy and Building, the group behind the government’s energy agreement has decided to place a giant offshore wind farm near Kriegers Flak outside Zealands East coast and close to Bornholm, or in the North Sea near Ringkøbing. This is great news according to the Port of Rønne A/S.
MHI Vestas and Esvagt in new SOV-contract|
The partnership between MHI Vestas and Esvagt continues with the construction of a new windmill ship that will be delivered in the beginning of 2021.With this order in place, Esvagt has five Service Operation Vessels (SOV) on contract with MHI Vestas in 2021. The ship will service Moray East offshore wind farm in the UK from 2021.
Danish energy cluster opens in Silkeborg|
Denmark’s new innovation network for energy development Energy Innovation Cluster has opened an office in Silkeborg with the purpose of strengthening innovation in the wind power sector. Denmark is a leading country in the wind power sector, and it is especially in Mid Jutland that many wind power companies are located.
Large areas reserved for offshore wind|
Danish Minister of Energy, Utilities and Climate Lars Christian Lilleholt has decided to reserve large parts of Danish waters for the governmental development of offshore wind power. The reason for this is to make sure that the Danish government are able to create more offshore wind power projects in the future.
MHI Vestas builds wind team in the US|
MHI Vestas Offshore Wind has hired Jason Folsom for their US offshore wind team. Folsom is the first person that the company has hired on the US market. Folsom joins MHI Vestas Folsom joins MHI Vestas after leading another turbine producer's into the US offshore wind farm market.
|Errors found on Maersk-rig |
The Petroleum Safety Authority Norway (PSA) inspected Maersk Drilling's jack-up rig Maersk Reacher from 24 to 27 September 2018 and found 20 errors and aspects that can be improved. The errors were found in the electrical facilities, technical safety field, maintenance, logistics and readiness.
|MHI Vestas receives unusual order|
MHI Vestas Offshore Wind and Parkwind has confirmed an order that involves delivering and installing 23 V164-9.5 MW windmills to the Northwester 2 offshore wind farm located of the coast of Belgium. The installation process is planned to start in the end of 2019.
Maersk gets new contract for Resilient Rig|
Maersk Drilling has been promised a drilling contract from a anonyms operator for their rig Maersk Resilient. On Tuesday November 6, it was announced In the company's fleet status report that the contract for Maersk Resilient is scheduled to begin in April 2019 and will last for four months.
Horns Rev 3 is only missing wind turbines|
GeoSea has installed 49 transition pieces on Vattenfalls 406,7 MW Horns Rev 3 offshore wind farm in the Danish part of the North Sea. Jan De Nuls wind turbine installation vessel Vole au Vent installed the first transition piece in the middle of Juy and GeoSea installed the last monopile foundation in January.
Ørsted gives Borssele-contract to GoaSea|
Ørsted has given DEME GeoSea a contract regarding transportation and installation of 94 foundations and wind turbines on the Borssele 1 and 2 wind farm in Holland.
Borssele 1 and 2 is located 23 km from Holland’s coast and will have a total capacity of 752 MW.
MHI Vestas to hire hundreds in the UK |
The Danish wind turbine company MHI Vestas will be hiring hundreds of people for their factory on Isle of Wright over the next couple of weeks. On Monday October 15 MHI Vestas started a large recruitment campaign driven by an increasing demand on their V163 wind turbine platform.
|Ørsted buys Lincoln Clean Energy|
Yesterday, Ørsted finalized their purchase of 100 % of available stocks in Lincoln Clean Energy LLC (LCE) from I Squared Capital. Ørsted will form en new business department, Onshore Wind, which will be a separate segment. LCE will be the only activity n the beginning stages of Onshore Wind.
|Better things ahead for drilling rigs|
The drilling rig market is one of the segments most affected by the oil crisis, which started back in 2014. Maersk Drilling recruited 500 people just before the crisis hit, and subsequently fired the same amount when the company saw the effects of the crisis. Now it seems that things are looking brighter and the company is preparing for next years stock exchange listing.
Danish Maritime Fair: Seeking new horizons|
In May 2020 the Danish Maritime Fair returns for its fifth edition, this time with a new concept - but still at the familiar location. With support from long time partners, exhibitors and visitors, and having our finger on the pulse - we are re-inventing ourselves.
Denmark’s days as oil exporters are over|
The Danish oil adventure is over. After 25 years of exporting oil, Denmark is once again depended on importing oil from other countries, according to a new prognosis by the Danish Energy Society. There is still enough gas to export the next 18 years.
Norsok approved for submersible drilling rig|
SH Group, the leading producer of conventional approved Norsok lifeboat systems just signed a contract to deliver a Norsok R-002 lifeboat system for the new semi-submersible drilling rig for Awilco Drilling PLC, which is going to be built at Keppel Fels in Singapore.
Jesper R. Olsen new CFO of Maersk Drilling|
As of 1 September 2018, Jesper Ridder Olsen is appointed new CFO of Maersk Drilling. The appointment follows the announcement of A.P. Moller – Maersk’s intention to pursue a demerger of Maersk Drilling via a listing on Nasdaq Copenhagen in 2019.