Page 2: of Offshore Engineer Magazine (Jul/Aug 2023)

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JULY/AUGUST 2023

WWW.OEDIGITAL.COM

VOL. 48 / NO. 4

FEATURES 38

Photo by Van Oord (File Image) 10 28

Rig Dayrates Have Risen ... The Art & Engineering of Converting a Drillship

So Where are the New Rig Orders? into an Offshore Wind Installation Vessel

Much has been written in recent months about the increase in In April 2023, Transocean executed a non-binding MOU with En- offshore rig utilization and dayrates. With some key segments of eti, and MOU with a plan to form a joint venture company that will the feet at 95% utilization or higher, dayrates for recent fxtures engage in offshore wind foundation installation activities. The plan, if for non-harsh environment jackups have surpassed $150,000, enacted, would see some of Transocean’s drilling vessels converted into while foating rigs have been secured for contracts at or above wind turbine foundation installation vessels. Paul Johnson, VP, Tech- $475,000. Right on cue, the talk of new rig orders has surfaced, nical Services, Transocean, shares an update with Offshore Engineer.

By OE Staff but will it actually happen?

By Terry Childs 38 24 “You’re gonna need a bigger crane...”

Offshore wind turbines are reaching new heights both literally

Dropped Objects Offshore: (meters), and fguratively (megawatts). As the demand for larger

Dynamic Risks Call for Dynamic Thinking

Dropped objects are a leading cause of incidents offshore, and turbines surges, so do the challenges faced by offshore instal- lation contractors, which need to come up with bigger vessels, the risks are many.

and, consequentially, bigger cranes.

By Wendy Laursen

By Bartolomej Tomic

Cover photo: Jan De Nul 2 OFFSHORE ENGINEER OEDIGITAL.COM