Offshore Wind Cable Lay Barge and African Oil & Gas Asset Updates

## Specialized Cable Lay Barge for Offshore Wind According to *Offshore Energy*, Holland Shipyards Group has started construction on a new shallow-draft cable lay barge for Enshore. The vessel is purpose-built to support offshore wind farm cable laying operations in shallow waters. "The barge will have a length of 89.9 meters, a width of 18 meters, and a draft of only 1.5 meters," the report states. "This will allow the vessel to operate in areas with limited water depth, which is often the case for offshore wind farm cable routes." The specialized design of this new barge underscores the continued growth and evolution of the offshore wind industry, which requires increasingly capable vessels to support complex subsea cable installation work. ## African Oil & Gas Asset Updates In separate news, *Offshore Energy* reports that London-listed Tower Resources is making progress on farm-out deals for its oil and gas assets off the coasts of Namibia and Cameroon in Africa. According to the article, the "lengthy" farm-out process for these assets is "edging closer to the finish line." Tower Resources has been working to secure partners to help develop and produce from its exploration blocks in these two African countries. Securing farm-out agreements is a common strategy for smaller exploration and production companies to share risk and access additional capital for asset development. The report notes that Tower Resources' deals have taken some time to finalize, but the company appears to be nearing completion of these important transactions. The ability of Tower Resources to attract farm-in partners speaks to the continued interest in upstream oil and gas opportunities in Africa, despite the global energy transition underway.