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Australia - a Land of Promise and Hurdles for Offshore Wind Developers

Sep 26, 2022

Under a new government, Australia is shaping up to be the next big market for offshore wind developers, attracting interest from the likes of Shell, Denmark's Orsted and Norway's Equinor. But the industry, starting from scratch Down Under, faces a slew of challenges.After more than a decade of weak climate action under conservative leaders, Anthony Albanese's new Labor government has committed to net zero emissions by 2050 - a goal that aligns with states' renewable energy goals…

Conflict in the South China SeaThreatens Australia’s Fuel Imports

Aug 21, 2022

China’s saber-rattling around Taiwan underlines the need for Australia to be prepared for conflict in the South China Sea.With its growing navy and air force, and the bases it has built throughout the area, China is increasingly capable of disrupting…

Shell's Giant Prelude FLNG Unit to Remain Shut for Longer as Pay Dispute Continues

Aug 18, 2022

Unions at Shell Plc's Prelude floating liquefied natural gas (FLNG) site off Australia have extended industrial action to Sept. 1 over a long-running pay dispute, the company said on Thursday. Shell shut down the 3.6-million-tonne-a-year site…

Beach Energy Results Disappoint. Hunt on for M&A in Australia, NZ

Aug 15, 2022

Beach Energy Ltd is shoring up its war chest for acquisitions in Australia and New Zealand, Chief Executive Officer Morne Engelbrecht said on Monday, after reporting a weaker-than-expected annual profit and production outlook.Shares in gas and oil producer Beach…

Ørsted Opens Offshore Wind Operations and Maintenance Hub in Taiwan

Aug 03, 2022

Global offshore wind developer Ørsted inaugurated the Ørsted Taiwan Offshore Wind Farms Operations and Maintenance (O&M) Hub. Located at the Port of Taichung, the O&M hub is the first operations facility with green design and the largest in…

PGS Wins Seismic Survey Contracts in Indonesia and Australia

Jul 21, 2022

Norwegian marine seismic survey contractor PGS said Thursday it had won a significant 3D exploration acquisition contract offshore Indonesia with a major energy company. Also, PGS said it had secured a major 4D acquisition contract offshore Australia with an international energy company…

Offshore Wind Giant Ørsted Names APAC Head

Jun 28, 2022

Offshore wind giant Ørsted has appointed Per Mejnert Kristensen as new President of its Region Asia Pacific. He will join Ørsted on August 1, 2022, and his taks will be to scale regional business.Ørsted has its regional commercial hub in Taipei…

Ørsted, TSS Hold Naming Ceremony for First Asia-built SOV

May 17, 2022

Offshore wind developer Ørsted and Taiwanese vessel company Ta San Shang Marine Co. Ltd. held a ceremony in Taichung on Tuesday to christen and name the first-ever purpose-built Service Operation Vessel (SOV) 'TSS Pioneer' in the Asia-Pacific region…

Marco Polo Marine Wraps Buy of Taiwan-based PKR Offshore

May 06, 2022

Singapore-listed offshore services provider Marco Polo Marine has completed the acquisition of the offshore renewables service firm PKR Offshore.Marco Polo bought the Taiwan-based company through its 49% owned joint venture company, Oceanic Crown Offshore Marine Services Ltd…

Vestas, Tien Li Build First Blade for 9.5MW Offshore Wind Turbine in Taiwan

Apr 25, 2022

Danish wind turbine maker Vestas has together with its partner Tien Li Offshore Wind Technology (Tien Li) produced the first V174-9.5MW blade at its facilities in Taiwan.The blades, part of Vestas' V174-9.5MW offshore turbine, will be installed…

Greater Changhua 1 & 2a: Taiwan's Largest Offshore Wind Farm Delivers First Power

Apr 21, 2022

Greater Changhua 1 & 2a offshore wind farm, Taiwan's largest, has delivered first power, Ørsted, the developer of the wind farm said Thursday.Located 35-60 kilometers off Taiwan’s west coast, Greater Changhua 1 & 2a has a total capacity of 900 MW…

dCS, JX NOEX File Bid for Offshore Carbon Capture & Storage Project in Australia

Mar 16, 2022

Australian carbon capture and storage firm deepC Store (dCS) said Wednesday it had with JX Nippon Oil & Gas Exploration Corporation (JX NOEX) submitted a joint bid for a Greenhouse Gas Assessment Permit for a Greenhouse Gas Storage Acreage Release Area in offshore Australia…

VARD Delivers Asia's First Newbuild Service Operation Vessel

Mar 11, 2022

Asia-first newbuild Service Operation Vessel for the offshore wind industry was delivered earlier this week at the VARD Vung Tau shipyard in Vietnam. The Taiwan-flagged SOV has been built for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O…

Offshore Wind Industry Coming to Australian Waters

Mar 11, 2022

Offshore wind is playing an important role in Europe’s shift to renewables. Australia’s excellent offshore resources now look like they are going to contribute to our own energy transition. Last week, the Victorian government announced ambitious…

Japan's Mitsui OSK, Others to Buy Stake in Taiwan's Formosa-1 Offshore Wind Farm

Mar 04, 2022

Japan's Mitsui OSK Lines, Toho Gas, and Hokuriku Electric Power will buy a stake of 25% in Formosa International Investment from Australia's Macquarie Group to enter Taiwan's offshore wind power business.The Japanese firms said the deal takes them into the overseas offshore wind power market…

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Australia - a Land of Promise and Hurdles for Offshore Wind Developers

Australia - a Land of Promise and Hurdles for Offshore Wind Developers
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