Bladt Industries invests in large expansion
The Danish industrial group Bladt Industries now invests in a large expansion of the production facilities in Denmark. With the expansion, Bladt Industries will be among the first suppliers to produce the foundations for future offshore wind turbines reaching a height of up to 250 to 300 meters
Vestas net profit of 771 million euro|
In a challenging year, Vestas revenue increased while earnings decreased in 2020, and free cash flow stayed at around the same level. For 2021, Vestas expects revenue to range between EUR 16bn and 17bn, including service revenue, which is expected to grow by approx. 15 percent.
Maersk Drilling awarded two-well contract|
Maersk Drilling has secured an additional two-well contract for the low-emission rig Maersk Integrator with Aker BP. The plan is that in direct continuation of the rig’s previously announced work scope with a different operator, Maersk Integrator will return to Aker BP’s Ivar Aasen field for a two-well campaign expected to commence in Q3 2021
Maersk Drilling awarded two contracts|
Maersk Drilling has been awarded contracts for the deepwater rigs Maersk Valiant and Mærsk Developer from Total E&P Suriname, Suriname Branch, for Total’s exploration and appraisal project in Suriname’s Block 58.
Great interest in new offshore wind farm|
The Danish Energy Agency has prequalified a total of six consortia and companies to participate in the tender for Denmark's largest offshore wind farm to date: Thor Offshore Wind Farm with a capacity of minimum 800-1000 MW.
|Maersk rig shows low emission levels|
After being converted to a hybrid, low-emission rig, the ultra-harsh environment jack-up Maersk Intrepid shows very promising emission reduction levels after entering operations for Equinor on the Martin Linge field in Norway.
|Semco Maritime wins comparative study|
Danish offshore company Semco Maritime has won a study to identify the break-even point of HVDC and HVAC transmission for a large-scale offshore wind farm. Large wind farms are trending up in size as well as distance from connection onshore these days.
Danish cutoff date for oil an gas extraction|
A broad majority in the Danish Parliament has reached a deal on the future of fossil extraction in the North Sea, leading to the cancellation of the ongoing 8th licensing round and all future rounds to extract oil and gas.
Semco Maritime applies US codes|
Semco Maritime has delivered on an initiative to drive forward the development of a best practice library to capture learnings from these actual projects and concluding on findings and lessons learned related to US codes and standards for offshore wind use.
Maersk Drilling awarded one-well contract|
Maersk Drilling has secured a contract from Brunei Shell Petroleum Company for the 7th generation drillship Maersk Viking to drill one deepwater exploration well offshore Brunei Darussalam. The contract is expected to commence in March 2021, with an estimated duration of 35 days.
Maersk Drilling awarded three-well contrac|
Maersk Drilling has secured a contract from Petrogas E&P Netherlands B.V. for the harsh environment jack-up rig Maersk Resilient to drill three wells at the B13 and A12 fields in the Dutch sector of the North Sea. The contract is expected to commence in November 2020 and has an estimated duration of 110 days.
|Maersk Drilling secures contract in Angola|
Maersk Drilling has been awarded a three-well contract from Total E&P Angola for the 7th generation drillship Maersk Voyager, which will be employed to drill development wells in Angola’s Block 17. The contract has an estimated duration of 140 days, which means that Maersk Voyager is now contracted until Q2 2021.
|Maersk Drilling awarded two-well contract|
Maersk Drilling has secured a contract from Dana Petroleum Netherlands B.V. to drill two development wells as part of Project Unity in the Dutch sector of the North Sea. The harsh-environment jack-up rig to be used for the job is yet to be assigned. The contract is expected to commence in Q2 2021, with an estimated duration of 121 days. The contract value is approximately USD 12.1m.
Maersk Drilling sets new climate target|
As part of an overall sustainability strategy, Maersk Drilling has set an ambitious target of lowering the intensity of CO2 emissions from its drilling operations by 50% by 2030. The target is supported by Maersk Drilling’s strategic focus on efficiency gains, which also leads to reduced CO2 emissions.
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.