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As the maritime sector implements strategies to move away from its dependency on fossil fuels, North Star, the UK’s largest offshore installation infrastructure services company, is a frontrunner with its decarbonization program well underway.

W&T Offshore announces that Janet Yang, Executive Vice President and Chief Financial Officer, will be leaving the Company on May 11, 2023, following the release of the Company’s first quarter earnings and the filing of the Company’s 10-Q. Ms. Yang disclosed that, for family reasons, she and her family will be relocating to another city.

In a major milestone towards meeting the Biden-Harris administration’s goal to deploy 30 gigawatts of offshore wind energy by 2030, the Department of the Interior announces that the Bureau of Safety and Environmental Enforcement (BSEE) has completed its review of critical design and installation reports for the South Fork Wind project, clearing the way for the start of turbine construction offshore Rhode Island and New York.

This time next week, Ocean Business 2023 will be in full swing, with three days of the very latest ocean technologies, new product launches, dockside demonstrations and networking opportunities with marine industry professionals from around the world.

TerraSond and Benthic, Geo-services brands in Acteon’s Data and Robotics division, have been awarded a combined geophysical and geotechnical survey work scope by the BlueFloat Energy and Renantis Partnership for its Bellrock and Broadshore wind farms northeast of Aberdeen, Scotland. BlueFloat Energy and Renantis joined forces to develop floating offshore wind projects in response to last year’s ScotWind licensing round. When operational, the Bellrock and Broadshore wind farms will have capacities of 1200 and 900 MW, respectively.

Along the Norwegian coast, Northern Lights is the first cross-border value chain project to offer European industrial companies a solution for safely and permanently storing their CO2 emissions 2600 meters under the seabed. Operational from 2024, the Phase 1 installations are scheduled to come on stream in 2024, with the ability to handle 1.5 million tons of CO2 per year. Our ambition is to extend to 5 million tons by 2026. This project, the first of its kind worldwide, is a major milestone in the decarbonization of heavy industry in Europe.

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