Fred Olsen Energy News


Ørsted Names Head of Government Affairs and Policy in New York

Mar 25, 2021

Offshore wind developer Ørsted has appointed Joanne Fernandez as Head of Government Affairs and Policy in New York.Fernandez will be responsible for setting and shaping the Ørsted legislative and regulatory agenda in New York as well as working…

Ørsted Appoints Head of Government Affairs and Policy for New Jersey

Mar 12, 2021

Offshore wind developer Ørsted has appointed Madeline “Maddy” Urbish as Head of Government Affairs and Policy for New Jersey, a state which has set a goal of 7,500 MW of offshore wind energy by 2035.Ørsted said Urbish would be responsible for…

EDF Renewables Plans to Deploy Floating Wind Turbines at BOD Phase 2

Jan 28, 2021

EDF Renewables is looking to build phase two of the Blyth Offshore Demonstrator (BOD) wind farm off the coast of Northumberland, England, using floating offshore wind technology. Once completed it would be among the first projects of this kind in English waters…

Moray East Offshore Wind Farm: First Turbine Up, 99 More to Go

Jan 18, 2021

The first offshore wind turbine was installed last Friday at the Moray East offshore wind farm in the Moray Firth, Scotland.The first turbine installation comes just a few weeks after the Moray East consortium announced the completion of jacket…

Norway Launches Offshore Wind Research Center - Northwind

Dec 11, 2020

Norwegian government on Friday announced the launch of a major research center aimed at making wind power cheaper, with a big focus on offshore wind.The Norwegian Minister of Petroleum and Energy, Tina Bru, announced an investment of 120 million NOK (EUR 11…

Maersk Drilling Names New CFO

Dec 09, 2020

Danish drilling contractor Maersk Drilling on Wednesday said its Board of Directors had appointed Christine Morris as the new Chief Financial Officer (“CFO”) and member of the Executive Management with effect from January 5, 2021. Morris' appointment…

Norway: Fred. Olsen, Hafslund Eco in Offshore Wind Pact

Nov 17, 2020

Fred. Olsen Renewables and Hafslund Eco have agreed to cooperate as equal partners on a 50/50 basis on the development of offshore wind and transmission concepts in Norway.'The combination of Hafslund Eco’s competencies as a power producer and grid operator with [Fred…

GIEK Doubling Down on Offshore Wind

Oct 30, 2020

Tasked to provide the financial power to help Norwegian companies export their wares to the world, Wenche Nistad, CEO of the Norwegian Export Credit Guarantee Agency (GIEK) pulls no punches when asked about the appetite for investment in traditional…

Ocean Installer, Vard Working on 'Most Advanced' Offshore Wind Installation Vessel

Aug 31, 2020

Ocean Installer, a Norwegian company mostly known for its offshore oil and gas services provider, is increasingly turning towards the offshore wind industry.Following a recent establishment of an offshore wind branch, and the naming of a director to lead it…

Dutch Shipyard Wins Contract to Build New Vessel Type, "Monomaran Crewtender"

Aug 28, 2020

Coastwise Offshore Services and Next Generation Shipyards signed a contract for the building of a new type of vessel, an aluminum vessel for the offshore wind-industry, with an option for three additional vessels. The signing took place at Next Generation Shipyards on Lauwersoog…

Fred. Olsen Windcarrier Jack-Up Picks Up More Work in Taiwan

Aug 27, 2020

Offshore wind installation company Fred. Olsen Windcarrier has won a conditional contract for its Brave Tern jack-up, for wind turbine installation work in Taiwan.The conditional contract is with Liwei Wind Power Co. Ltd., a company wholly owned by wpd Group…

Market Report: Global Heavy Lift Vessel Sector

Aug 25, 2020

The global heavy lift vessel market is a difficult place to be. Utilization for the fleet has remained depressingly low since the first oil and gas downturn in 2014, currently hovering around 33% for the global fleet with a lift capacity of over 800 tonnes…

Time for an Intervention?

Aug 10, 2020

Just as the oil and gas industry was starting to get back on its feet, COVID-19 and plummeting oil prices have affected the market across the board, including well intervention. But players in this space are optimistic, with new vessels and…

Maersk Drilling CFO to Step Down

Jul 31, 2020

Danish offshore drilling company Maersk Drilling said Friday its Chief Financial Officer Jesper Ridder Olsen would step down from the position by January 2021.The offshore drilling contractor said that Ridder Olsen had 'decided to pursue another…

GIEK Aims to Boost Norwegian Suppliers' Presence in Burgeoning Offshore Wind Sector

Jul 21, 2020

The Norwegian Export Credit Guarantee Agency GIEK has quadrupled its offshore wind portfolio to NOK 4.2bn (USD 453m) since the tail end of last year, and is ready to provide a further boost for local suppliers to secure more offshore wind business internationally…

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