Oil and gas companies operating in Norway have lowered their investment forecasts for 2019 to 172.7 billion crowns ($20.06 billion) from 175.3 billion crowns seen in November, a survey by the country's statistics agency (SSB) showed on Thursday…
Japan's nascent offshore wind industry is expected to increase dramatically over the next ten years, according to energy analysts Wood Mackenzie, who predict that by 2028 the island country will boast upwards of 4 gigawatts (GW) of offshore capacity…
Danish power company Ørsted and Total have teamed up with Belgian renewables firm Elicio to bid for a wind project off the coast of Dunkirk.A total of nine bids are being considered in the tender for the Dunkirk project, which will have a maximum capacity of 600MW…
Spanish tidal energy developer Magallanes Renovables is testing its tidal technology on a test site at the European Marine Energy Centre (EMEC) in Orkney, Scotland.The successful installation of their second generation (2G) 2MW tidal platform…
Equinor and South Korea's state-owned National Oil Corporation (KNOC) will explore opportunities to develop commercial floating offshore wind farms in South Korea, the Norwegian company said on Friday.South Korea aims to reduce its dependence on nuclear and coal power…
The provider of safety and support vessels at sea Esvagt has provided support to Wavepiston during the installation of its wave energy device at the test site near Hanstholm, Denmark.The ‘Esvagt Connector’ took part in placing Wavepiston’s wave power device…
In its 2019 “Annual Energy Outlook” the US Energy Information Administration (EIA) projects that electric generation from renewables (wind, solar, hydro) will go from 500 billion KWh in 2018 to 1500 billion KWh in 2050, just 30 years from now…
Europe installed a total of 2.6 gigawatts (GW) of new offshore wind capacity in 2018, an 18% increase which takes the region to a total capacity of 18.5 GW.According to new figures published this week by the region’s wind energy trade body, WindEurope…
Norway based Kvaerner said it has signed a contract with Norwegian energy company Equinor to study how floating concrete substructures for offshore wind turbines can be designed and constructed for the planned Hywind Tampen project in the North Sea…
A high-tech, specialized buoy has been launched to collect useful information for developing wind farms offshore the U.S. East Coast.Equinor Wind US said it deployed the cutting-edge buoy as it works to develop its offshore wind lease site in the New York Bight…
Offshore wind service provider LOC Renewables, a part of LOC Group, a leading international marine and engineering consulting firm, has successfully overseen the launch of France’s first offshore wind project.LOC Renewables supplied marine warranty surveying services (MWS) across the project…
American utilities signed contracts for 4,304 megawatts (MW) of wind power in 2018 that, when combined with non-utility purchases, reached the highest level on record for overall Power Purchase Agreements (PPA) activity with 8,507 MW in 2018…
Danish offshore wind developer Orsted reported full-year profit above expectations on Wednesday and said it would consider restarting its activities in Taiwan following a new proposal from the local government.Orsted earlier this month put two…
Kongstein, the European service provider focused at offshore engineering and maritime logistics, has signed a Memorandum of Understanding (MoU) with U.S.-based Green Shipping Line to provide a complete offshore wind farm supply solution in the United States…
CWind, part of the Global Marine Group (GMG), has signed a Collaboration Agreement with the Offshore Renewable Energy (ORE) Catapult, the UK’s offshore renewable energy innovation center.According to a press release from CWind, the provider of topside…
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