ABS Group supporting the need for debate and discussion on Offshore Modular Drilling Assets

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Norwind Offshore. from left:: Maren Kleven Fox, Magnus Kleven, Sverre Olav Farstad, Jon Ketil Gjørtz, Sverre Andreas Farstad, Svein Leon Aure, Espen Volstad, Eivind Volstad

Farstad, Volstad and Kleven are combining forces to establish the ship-owning company Norwind Offshore. The company will offer specialised vessels designed specifically for advanced maritime operations in the development and service of the offshore wind sector. Norwind Offshore has entered into a contract with Vard for the delivery of three vessels by 2024 - with options for two more vessels in 2025. The first vessel is due to be delivered in 2022.

(l to r): Austin Coughlan, Head of Temporis Aurora Fund and Director of Inis Offshore Wind;  Vanessa O’Connell, Head of Inis Offshore Wind and Aoife Galvin, Senior Offshore Project Manager, Inis Offshore Wind, who joined from ESB (pict. ReputationInc)

Temporis Investment Management (“Temporis”) has on October 11th announced the launch of Inis Offshore Wind, a new Irish renewable energy firm with plans to develop at least 1GW of offshore wind capacity by 2030. This would constitute a significant contribution to Ireland’s offshore wind targets and provide enough electricity to power over 800,000 homes.

Through the new-build program, Norwind Offshore will have taken delivery of five vessels by 2025 (pict. Norwind Offshore)

Norwind Offshore has entered into an agreement with Navigare Capital Partners for an issue of shares in the company.

Deployment of a patent protected 4T Filter Unit Rockbag on Saint Nazaire Offshore Wind Farm (pict. Ridgeway)

Saint-Nazaire Offshore Wind Farm will use Ridgeway Rockbags for cable stabilisation and protection.