Europe's largest utility Iberdrola will keep betting on offshore wind in the coming years, roughly tripling the value of its assets in the sector to 17 billion euros ($18 billion), Executive Chairman Ignacio Sanchez Galan told shareholders on Friday.In the past couple of years, the Spanish firm has shifted its focus to upgrading and expanding power grids while taking a more selective approach to renewables that favours investments in offshore wind…
The incoming Dutch government said on Thursday it will aim to expand offshore natural gas extraction and nuclear energy production as part of plans to reduce the Netherlands' dependence on 'unreliable countries.'In its draft coalition pact,…
Norway's $1.6 trillion sovereign wealth fund urged Shell on Friday to give investors more information about its revised climate targets, but said it would not back a call by a group of 27 shareholders for the oil company to strengthen those targets…
Offshore installation services company Jan De Nul has ordered another XL cable laying vessel (CLV), identical to the Fleeming Jenkin, which boasts ‘unrivalled cable-carrying capacity’.Like the Fleeming Jenkin, the vessel will be 215 meters long and can transport 28…
Sif and Dillinger have strengthened their collaboration which aims to make offshore wind monopiles fully circular by signing several agreements which relate to securing low-emission steel plates for the foundations, developing decommissioning process for such infrastructure…
Danish-based Wind Power LAB (WPL) has launched an innovative lightning surveillance tool tailored to combat strike damages to wind farms through early detection of potential risk.The new Lightning Analysis Service, known as LASSIE, is said to…
Brunvoll has signed a contract with Myklebust Verft shipyard for the delivery of a thruster package to REM Offshore’s new energy subsea construction vessel (ESCV).The contract is for one vessel with an additional vessel as an option.Brunvoll…
In the next few days, one of the world’s largest floating cranes from Heerema Marine Contractors, named Thialf, will install the first foundations at EnBW’s 960 MW offshore wind farm, being built in German North Sea.The He Dreih wind farm is…
U.S.-based oilfield services provider Expro has completed the acquisition of U.K. company Coretrax, expanding its market presence and product offerings.The acquisition of Coretrax, from an investment group led by Buckthorn Partners, will enable…
Renewable energy industry supplier Ocean Geophysics has introduced a solution to recycle and reprocess freely available seismic data, which can help developers reduce cost and risk when deciding which wind farms to bid for or not.In Europe and Australia…
The 497 MW Fécamp Offshore Wind Farm, owned by Enbridge, EDF Renewables, CPP Investments and Skyborn Renewables, has officially been inaugurated in Normandy.Located between 13 and 24 km from the northern coast of France, the wind farm will help support France's energy transition objectives…
DNO, the Norwegian oil and gas operator, has completed the acquisition of a 25% interest in the Arran field on the UK Continental Shelf from ONE-Dyas E&P.The field is operated by Shell UK (44.57%) and was brought on stream in 2021 as a subsea tie-back to the Shell-operated Shearwater A platform…
French seismic company CGG has changed its name to Viridien.At the Annual General Meeting on May 15, 2024, shareholders approved the resolution to change the company’s corporate name from CGG to Viridien. “Our new name, Viridien, connects our company’s history to our future…
Floating tidal turbine technology developer Orbital Marine Power has selected Global Energy Group (GEG) as preferred supplier to lead the manufacture and assembly of tidal turbines for projects in Orkney, Scotland.It is anticipated that turbine…
Føn Energy Services has set out plans to acquire Dutch offshore wind farm services company C-Ventus as part of a merger expected to boost its offshore wind operations and maintenance capabilities.Føn Energy Services will acquire 100% of the shares in C-Ventus from current owner DISA International…
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