BP hasn't fallen out of love with renewables. It just wants to have more power. CEO Bernard Looney's pursuit of green energy outstripped all rivals three years ago when he outlined a radical blueprint to move away from fossil fuels. Last month he applied the brakes…
Brazil's state-run oil firm Petrobras and Norwegian energy provider Equinor on Monday said they signed an agreement to evaluate development of seven wind projects offshore Brazil.The proposed projects would deliver a combined capacity of 14…
As we move into March, we note both positive and negative trends developing in the U.S. offshore wind segment.As an indication of the long-term sustainability of the offshore wind industry in the United States, federal agencies are finalizing…
Denmark has resumed its review of two of the 33 offshore wind farm applications it suspended last month over worries of breaching European Union state aid rules, the Energy Agency said on Friday.Denmark, which aims for a fivefold increase in offshore wind power capacity by 2030…
German renewable energy firm RWE has appointed Humber-based firm Hobson & Porter to complete the construction of its new offshore wind operations and maintenance facility known as the Grimsby Hub. The contract includes an extension to the existing…
Development of what would be the world’s largest wind farm off the coast of Britain is in doubt, with developer Orsted saying it needs more support from the government such as tax breaks to proceed with the project after costs soared.The 8 billion pound ($9…
Offshore cable firm NKT has secured three turnkey high-voltage power cable projects for the IJmuiden Ver and Nederwiek offshore wind zones in the Netherlands. The company said the projects have a combined order value of approximately EUR 2 billion…
Italian shipbuilder Fincantieri, through its subsidiary Vard, has signed a contract with offshore wind vessel operator Edda Wind, for the construction of four Commissioning Service Operation Vessels (CSOV). The first two vessels are expected to be delivered in Q1 2025…
Energy and telecom cable firm Prysmian Group has secured contracts worth approximately €1.8 billion (currently around $1.9 billion) in total with the Dutch transmission system operator TenneT for the two grid connection projects IJmuiden Ver…
The chief executive of Brazilian state-run oil company Petrobras said on Thursday the company must prepare for an 'unavoidable' energy transition and wants to play a leading role in it. Jean Paul Prates highlighted in a conference call with…
Inpex, Japan's largest oil and gas exploration and production company, said on Thursday it had bought a 16.7% stake in the Moray East offshore wind farm in Scotland from Mitsubishi to expand further into renewable energy. The Moray East offshore wind farm…
Houston-based Bleutec Industries announced it has received approval in principle (AIP) from the American Bureau of Shipping (ABS) for the designs of its Jones Act compliant offshore wind farm construction solution.Envisioned as an alternative to wind turbine installation vessels (WTIV)…
Irish crew transfer vessel (CTV) owner and operator Farra Marine has expanded its fleet of CTVs after ordering another seven vessels from Singapore-based Penguin Shipyard International. The new CTVs are part of the WindFlex-27 series, and when…
RWE and Northland Power have selected wind turbine maker Vestas as the preferred supplier for their up to 1.6-gigawatt (GW) cluster consisting of four offshore wind farm sites in the German North Sea.A minimum of 104 15 MW Vestas offshore wind turbines (Type: V236-15…
Prime Minister Pedro Sanchez's cabinet approved a decree that allows for the development of offshore wind parks on 5,000 square km of maritime territory in 19 blocs, Energy Minister Teresa Ribera said at a press conference. With about 1 million square km of waters…
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