Fred Olsen Energy News


FACTBOX- Potential Bidders for Norway's First Offshore Wind Areas

Mar 29, 2023

Norway on Wednesday opened tenders for two areas in the North Sea to build wind parks that could produce some 3 gigawatt (GW) of electricity, in a first step towards a goal of producing 30 GW by 2040, garnering strong interest from energy firms…

Port of Aberdeen Banks on Offshore Wind for Future Growth

Mar 23, 2023

Port of Aberdeen has welcomed more than 100 vessels working on offshore wind projects to the port so far this year, including the latest arrival of the Blue Tern jack-up installation vessel.Owned by Fred. Olsen Windcarrier, the Blue Tern jack-up is a 151-meter-long…

DNV, Partners Launch JIP to Assess Offshore Wind Installation Emissions

Feb 27, 2023

The maritime classification society DNV has, with its partners, launched a joint industry program to establish a monitoring and reporting framework for assessing greenhouse gas (GHG) emissions in the offshore wind installation sector. The partners of the JIP called EMRED…

Sval Partners with Storegga and Neptune for Trudvang Offshore CO2 Storage Project

Feb 27, 2023

The Norwegian oil and gas company Sval, with its partners Storegga and Neptune, has applied for a CO2 storage license in the Norwegian North Sea. The project, called Trudvang, has the potential to store up to 225 million tons of CO2.The application…

Yinson's FPSO Contract in Nigeria Ends after 16 Years as Client Opts to Buy the Floater

Jan 12, 2023

The Malaysian FPSO leasing company Yinson has completed the 16-year contract for FPSO Adoon in Nigeria as the client Addax decided to buy the FPSO.The contract for the FPSO which has been operating at Block OML 123 offshore Nigeria, had an original term of 8 years until 2014…

Equinor Files Development Plan for $1,45B Irpa Deepwater Gas Discovery

Nov 22, 2022

The Norwegian oil and gas company Equinor has filed a plan for development and operation (PDO) for the Irpa offshore gas discovery, formerly known as Asterix, to the Norwegian Minister for Petroleum and Energy.The gas discovery, sitting in the Norwegian Sea at a depth of 1350 meters…

Sandbrook Acquires Majority Stake in Havfram

Nov 07, 2022

Sandbrook Capital has acquired a majority stake in the the Norwegian offshore installation services company Havfram and has committed $250 million to fund the company's future growth.The new capital will be used to build a fleet of vessels for…

Bouygues Travaux Publics Acquires OO-STAR Floating Wind Foundation Tech

Sep 13, 2022

Bouygues Travaux Publics said Tuesday it had acquired the OO-STAR floating wind foundation technology, owned by Floating Wind Solutions.'This technology can be adapted to a wide range of marine environments, reducing the carbon footprint of…

Olympic Orders Up to Four CSOVs from Ulstein Verft

Jul 13, 2022

Norwegian shipbuilder Ulstein Verft AS said it has secured a contract from Norway-based Olympic to build two Construction Service Operation Vessels (CSOVs), with options for two additional vessels.The vessels, which are based on the ULSTEIN…

CRP Subsea to Deliver Cable Protection Systems for CFXD Offshore Wind Farm

Jul 13, 2022

Offshore wind installation services firm Seaway 7 has awarded CRP Subsea a contract to provide 140 NjordGuard cable protection systems and bellmouths for Changfang and Xidao (CFXD) offshore wind farms located off the west coast of Taiwan. The…

Fred. Olsen Windcarrier Jack-up Sets Off to Install Turbines at CFXD Wind Farms Offshore Taiwan

Jul 07, 2022

Fred. Olsen Windcarrier's Bold Tern offshore wind installation vessel has left Taichung in Taiwan with the first wind turbine loadout for Changfang and Xidao offshore wind farms, the company said via social media.Back in March 2020, Fred. Olsen…

Fred. Olsen Windcarrier's Blue Tern Jack-Up Wins Work at Neart na Goithe Offshore Wind Farm

May 19, 2022

Offshore wind installation contractor Fred. Olsen Windcarrier (FOWIC) has won a contract to support the jacket installation campaign on the Neart na Goithe (NnG) offshore wind farm in the UK, using its jack-up installation vessel, the Blue Tern…

Standard ETC Buys 25% Stake in Dolphin Drilling

May 06, 2022

Standard ETC, an Oslo-listed company previously known as Standard Drilling, has acquired 25% in offshore drilling operator Dolphin Drilling for USD 10 million through an equity issue.Martin Nes, Chairman of the Board of Directors of Standard…

GIP to Buy wpd's Offshore Wind Business

May 06, 2022

Independent infrastructure investor Global Infrastructure Partners ('GIP') has agreed to acquire offshore wind farm developer wpd offshore from the German company wpd AG.wpd offshore has a track record of ~7 GW of offshore wind developed to date…

Fred. Olsen 1848 Introduces 'Game-changing' Floating Wind Foundation Brunel

May 05, 2022

Fred. Olsen 1848, a Norwegian company developing technologies and solutions for the renewable energy industry, has launched a foundation for floating wind turbines, called Brunel, which, the company says, will be a game-changer that can unlock the potential of floating offshore wind…

Current News

Brazil Ships More Iron Ore to China, Competitors Lag

Great Lakes Dredge & Dock Takes Delivery of Hopper Dredge

Kabal Wins Contract with Phu Quoc Petroleum Operating Company to Optimize Offshore Logistics in Vietnam

U.S. Representative Lisa McClain Recognized as a Great Lakes Champion

Subscribe for Maritime Logistics Professional E‑News