Seabed Assets

Saturday, 09 December 2023

Latest News for: Seabed assets

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King Charles at 75: It’s Time He Made His Reign Mean Something

The Daily Beast 14 Nov 2023

But what commentators missed about just how much at odds the king is with “his government” on these policies is that, by pure chance, his own income has been vastly inflated by—very literally—a windfall from assets owned by the crown that become more valuable when (or if) the oil and gas fields are closed down.

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Once upon a time, a train that linked India, Lanka

Financial Express 29 Oct 2023

However, given the resurgence of the importance of seabed infrastructure in recent conflicts (Ukraine versus Russia, for instance), Indo-Lankan stakeholders will be obliged to acknowledge the Sethusamudram region as a ground of natural critical seabed asset legacies for both nations.

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Once upon a time, a train that brought India, Lanka closer

Indian Express 29 Oct 2023

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�rsted Acquires Offshore Wind Assets as Eversource Pursues Strategic Exit

The Maritime Executive 09 Sep 2023

offshore wind energy sector, Ørsted reports it closed on a previously announced acquisition of assets from Eversource Energy ... market and as a demonstration of its long-term commitment, while Eversource Energy continues to pursue a strategy to sell assets as part of its strategic review of the offshore wind segment.

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China circles the wagons as resistance abroad intensifies

Beijing News 04 Jul 2023

... (protects against risks, including epidemics); space (maintain access to outer space); polar (maintain access to polar regions); deep sea (ensure access to the seabed); and security of overseas interests (protect citizens and assets abroad, guarantee access to trade routes).

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Lodbrok Publishes Letter to Valaris’ Board of Directors

Eagle-Tribune 30 May 2023

... and Maersk Drilling, while also divesting a significant amount of its jackup fleet; and Transocean has recently acquired a stranded asset at the yard, has diversified into exploration of seabed minerals, and has been publicly reported to have bid for another large rig operator.

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Ørsted and Eversource reach $625m US wind seabed rights buyout deal

Splash24/7 26 May 2023

In addition to the seabed, which is in early-stage development, an all-cash transaction also includes contracts and partnerships for operational assets in the Northeast ... The lease area covers around 187,000 uncontracted acres of seabed for American offshore wind energy and ...

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Ørsted to Acquire Eversource Share of Uncontracted Offshore Wind Seabed and Key Northeast Operational Assets

Maryville Daily Forum 25 May 2023

In addition to the seabed, which is in early-stage development, the agreement also includes contracts and partnerships for key operational assets in the Northeast ... As part of this agreement, Ørsted will acquire contracts and leases for strategic port facilities and other assets.

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Crown Estate Scotland could buy Highland estates to sell back to local communities

The Observer 24 May 2023

Crown Estate Scotland, the body that manages land and seabed once owned outright by British monarchs, could help buy large Highland estates and then sell them back to local communities ... Gougeon said the government had a responsibility to do more and to be ambitious, by encouraging state land owners to share their assets.

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Scottish Government taken to court over fishing practices

ITV 19 May 2023

Environmental campaigners are taking the Scottish Government to court over its authorisation of fishing practices they insist are “trashing” the seabed ... “The seabed is a public asset, but tragically it is being degraded to the detriment of both the environment and the many inshore fishermen who depend on it.

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Charles could see which way the wind was blowing. We should follow his lead

The Times/The Sunday Times 07 May 2023

Why? Because the Crown Estate owns Britain’s seabed, which stretches out to 12 nautical miles offshore. The sovereign’s public purse valued these assets at £4.3 billion in 2022 and they are expected to generate £900 million revenues this year.

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Royal wealth: Coronation spotlight on King Charles III's riches

The National 27 Apr 2023

The senior royals derive their income from vast areas of the United Kingdom, from rural lands to urban properties and even the offshore seabed. The senior royals own a lot, but have far from a free rein over all their assets ... Three bodies that hold the royal family’s assets and ...

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Long game: activism at Parliament

RNZ 13 Apr 2023

If elected representatives have their work cut out for them to create the slightest social or political change through Parliament, spare a thought for activists ... Listen ... He recalled the Foreshore and Seabed hikoi, mobilisations over asset sales as well as protests related to the Treaty - occasions on which he has delivered a message to parliament ... —.

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RWE unveils amphibious offshore turbine maintenance vessel

The Engineer 09 Mar 2023

The project is one of a number of wind farm to be built in coastal locations with relatively shallow waters close to shore ... The vessel, which can also drive on land, provides access to generation assets affected by dynamic seabed conditions ... In addition, this could pave the way for broader applications in similar areas.”. .

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ESB in talks to invest in offshore wind in Scotland

Irish Independent 17 Feb 2023

They include a 1.5GW floating turbine project and an 840MW seabed-mounted wind farm.Northland has a global investment strategy, with assets across Europe, North America, Latin America and Asia ... while 3GW of assets are expected to become operational between this year and 2027.