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Asset 1 September/October 2022 www.oedigital.com Volume 47, Number 5 Balancing Act Acteon CEO Carl Trowell discusses the strategy to leverage tech across in-sea infrastructure markets Life Extension Working Out End-of-Life Strategies for Offshore Wind Here Comes the Sun Putting Solar Panels on the Ocean is gaining Momentum Vessels Zero-C Offshore addresses ‘Chronic’ FIV Shortage Rigs The Great Jack-Up Revamp Image courtesy Acteon CONTENTS * By the Numbers: Discoveries & Reserves * By the numbers: RIGS * Copyright daryakomarova/AdobeStock Jones Act Circa 1563 A common misconception regarding the U.S. domestic trading restriction known as the “Jones Act” is that it appeared out of nowhere in 1920. Nothing could be further from the truth. Jones Act seeds were planted by Queen Elizabeth I in 1563. By Charlie Papavizas, Partner, Chair, Maritime Practice, Winston & Strawn LLP * Copyright Lukasz Z/AdobeStock The Great Jackup Revamp Middle East NOCs reshape the global jackup market. By Pamela Cordova, Sr. Rig Analyst, S&P Global Commodity Insights * Copyright Arild/AdobeStock Market Report: Well Intervention * Copyright jcg_oida/AdobeStock Extending Life in Offshore Wind Wind turbines, like any asset, have a finite life. Working out when end of life is and what can be done to extend it – or even to repower turbines, by replacement with newer, more powerful and efficient models – is now increasingly being looked at. By Elaine Maslin * Image courtesy Zero-C Offshore Zero-C Offshore: New Firm Aims to Address ‘Chronic’ FIV Shortage The global offshore wind industry is staring down a potential shortage of foundation installation vessel capacity. A new U.K. company led by former offshore drilling executive Jon Oliver Bryce intends to help tackle this challenge as the industry’s first pure play foundation installation vessel (FIV) firm. By Eric Haun * Image courtesy SolarDuck An Ocean of Solar Energy Putting solar panels on the ocean may seem like a challenging idea, but it’s increasingly explored. By Elaine Maslin * Retrofitting Autonomous Inflow Control Devices Offshore China By Mojtaba Moradi, Jingheng Hau and Michael Konopczynski, Tendeka and Ling Dai et al, CNOOC China Ltd * Image courtesy Acteon Offshore Wind: Acteon Preps for “Mega-Cycle” of Investment Striking a balance between traditional offshore oil and gas and renewable markets is neither straight nor clear. Carl Trowell, CEO, Acteon Group discusses his company’s strategy to capitalize on what he sees as resurgence offshore oil and gas investment premised on energy security concerns, plus a “mega-cycle” of investment in offshore wind energy in the long term. By Greg Trauthwein * Copyright Angela/AdobeStock By the Numbers: Africa September-October E-mag 2022 This issue sponsored by OFFSHORE ENGINEER, SEPTEMBER/OCTOBER 2022 VOLUME 47, NUMBER 5 New York: 118 E. 25th St., New York, NY 10010 Tel:212-477-6700; Fax:212-254-6271 www.OEDigital.com CEO John C. O’Malley | jomalley@marinelink.com EDITORIAL PUBLISHER & EDITORIAL DIRECTOR Greg Trauthwein | trauthwein@marinelink.com MANAGING EDITOR Bartolomej Tomic | tomic@offshore-engineer.com Eric Haun | haun@marinelink.com Elaine Maslin, Aberdeen | maslin@offshore-engineer.com PRODUCTION & GRAPHIC DESIGN Irina Vasilets | vasilets@marinelink.com Nicole Ventimiglia | nicole@marinelink.com ADVERTISING & SALES Terry Breese, VP, Sales | breese@marinelink.com | +1 561-732-1185 John Cagni | cagni@marinelink.com | +1 631-472-2715 Frank Covella | covella@marinelink.com | +1 561-732-1659 Mike Kozlowski | kozlowski@marinelink.com | +1 561-733-2477 Gary Lewis | lewis@offshore-engineer.com | +1 516 441-7258 Arthur Schavemaker, The Netherlands/Germany | arthur@kenter.nl | +31 547 27 50 05 Tony Stein, UK, France & Spain | tony.r.stein@btinternet.com |+44 0 1892 512777 CORPORATE STAFF Vladimir Bibik, IT Mark O’Malley, Public Relations | momalley@marinelink.com Esther Rothenberger, Accounting | rothenberger@marinelink.com Kathleen Hickey, Circulation | k.hickey@marinelink.com