| | March 202319E ERGYTech Reviewoffshore oil and gas technologies and skills transfer to and enable offshore wind projects, including fixed platforms, jack-ups, semi-submersibles, mooring systems, and cable-lay systems. In addition, we can de-risk fixed and floating offshore wind projects in the US because of our experience in Asia and Europe over the last 30 years. Through GustoMSC and the rest of our Marine and Construction business unit, we have gained invaluable knowledge of how to best optimize platforms and vessels in the harshest environments worldwide, from the entire construction process to the logistics supply chain and project life cycle. About 80% of the world's installed offshore wind power outside of China has been constructed with GustoMSC-designed jack-up vessels and equipment. NOV is a key partner in developing the first Jones Act-compliant wind turbine installation vessel that is driving the supply chain. Dominion Energy's Charybdis is a GustoMSCTM NG-16000X-SJ jack-up vessel design that will feature increased carrying and lifting capacity and greater lifting height above the deck. The jack-up will accommodate up to 119 people, a 2,200-ton fixed boom crane, and an 11,500-ton carrying capacity. This cargo capacity is equivalent to more than 5,000 F-150 pick-up trucks. Keppel AmFELS in Brownsville, Texas, is expected to deliver the 472-ft long vessel by the end of next year.As for the emerging floating wind market, our patent-pending Tri-Floater semisubmersible floating foundation recently completed scale model testing. Based on proven semi-submersible technology developed over decades of solid technical assurance and performance in the field, the cost-effective design features a shallow draft in the port that expands the possible ports that can support their development. The design also reduces steel requirements, capex, and overall project execution risk. A solid technical assurance process allows NOV to focus on the most important aspect of floating wind: supply chain integration. Here NOV can integrate the supply of a floating wind foundation from the anchor to the base of the tower.NOV is well positioned to help the US achieve its ambitious offshore wind and floating wind targets and advance the energy transition toward a more sustainable future. Parul Dhall
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