EDITOR’S NOTE Diverse and future proof

In this issue, we pay special attention to the Netherlands. With its many small and large companies throughout the entire supply chain and in the various sectors of the industry, this small country plays a key role in the ofshore industry. When looking at what is going on in the Netherlands, one will see once again how diverse and future proof our industry is.

In an interview, Director Arendo Schreurs of Element NL tells us about how the association and its members deal with the energy transition. According to him, the role of fossil fuels is far from over, although the oil & gas operators are also catering to the energy transition. A survey conducted by Rystad Energy confrms the relevance of oil & gas as they predict a growing demand for FPSOs in the upcoming years.

For this issue’s Ofshore Insights column, we also interviewed Arnoud Kuis, Managing Director of Van Oord Ofshore Wind. Throughout his career, he witnessed how this contractor successfully responded to the changing industry.

Not only a lot is happening in the Netherlands, so of course you can read about what is going on elsewhere in our magazine as well. In September for example, exhibitors and visitors will meet at the international SPE Ofshore Europe in Aberdeen. Attending this event will give you the opportunity to stay up to date and to network with peers. In Denmark Ørsted and Vestas are joining forces to make ofshore wind turbines more sustainable, and on the other side of the Atlantic Ocean, Crowley invested in the world’s frst road-transportable foating dry dock known to help advance foating ofshore wind energy in the US.

I hope you enjoy reading this magazine. And meanwhile, keep informing us about any interesting novelties from your company. We will be pleased to write about it!

Kind regards,

Arno Dirkzwager ARNO@YNFPUBLISHERS.COM

On the Cover

At the beginning of this year, Jean Paul de Jong became CEO of WTS Energy. The global training and stafng company for the energy industry is growing rapidly, with the opening of their new ofce in Monaco. Read more on page 14. Photo courtesy of WTS Energy.

Proposed acquisition of Neptune Energy by Eni and Vår Energi

Eni International has signed a sale and purchase agreement to acquire Neptune Energy Group, with Vår Energi simultaneously signing an interconditional sale and purchase agreement to acquire Neptune Energy Norge for an aggregate enterprise value (subject to customary adjustments) of USD 4.9 billion. Neptune’s business in Germany is not part of the transactions and will continue to be owned and operated by the ultimate existing Neptune shareholders as a standalone group. The Boards of Eni, Vår Energi and Neptune believe the proposed combinations will enhance their technical and fnancial capabilities to provide energy security and participate in the energy transition. The existing upstream portfolios of the companies are low carbon intensity gas-focused, with complementary geographic exposure, providing Eni and Vår Energi with increased scale in growth areas and high-value markets and enhanced decarbonisation opportunities.

Eni International has signed a sale and purchase agreement to acquire Neptune Energy Group, with Vår Energi simultaneously signing an inter sale and purchase agreement to acquire Neptune Energy Norge for an aggregate enterprise value (subject to customary adjustments) of USD 4.9 billion. Neptune’s business in Germany is not part of the transactions and will continue to be owned and operated by the ultimate existing Neptune shareholders as a standalone group. The Boards of Eni, Vår Energi and Neptune believe the proposed combinations will enhance their technical and fnancial capabilities to provide energy security and participate in the energy transition. The existing upstream portfolios of the companies are low carbon intensity gas-focused, with complementary geographic exposure, providing Eni and Vår Energi with increased scale in growth areas and high-value markets and enhanced decarbonisation opportunities.

i. neptuneenergy.com i. neptuneenergy.com

Rometal supports ofshore wind industry

Green light for seabed mineral activity

Rometal Constructive Solutions has recently completed the production of heavy pieces of equipment that will soon be used to safely install wind turbines ofshore in the US.

that this can take place in a prudent and sustainable manner. Norway has signifcant anticipated mineral resources on the seabed and sea mining activities can contribute to value creation and employment in Norway while ensuring the supply of crucial metals for the global energy transition.

i. npd.no i. rometal.nl

Designed by Barge Master, the BM-Feeder Heavy and the BM-Feeder Standard provide motion compensated platforms. The BM-Feeders enable the safe lifting at wave heights of two meters of wind farm towers and components from a pontoon to an ofshore installation vessel at the ofshore wind farm. An advantage is that the pontoon remains in the wind farm area allowing 24/7 installation of the components. It also means that the installation vessel is in international waters avoiding any national vessel registration regulation. Rometal Constructive Solutions received the award to build the BM-Feeder in August 2022. In April, the new tools were shipped from Rometal’s yard to Antwerp where they were primed for their task. Rometal recently constructed a drilling lead tower for a French ofshore wind farm of which the load-out took place at end of June.