The United States and French energy major TotalEnergies said on Monday they would redirect nearly $1 billion from offshore wind leases to U.S. oil and natural gas production.The agreement marks a new strategy in the Trump administration's wide-ranging effort to stymie development of U.S. offshore wind projects, which President Donald Trump has said he finds ugly, costly and inefficient.His administration…
Dominion Energy has delivered first power to the grid from its Coastal Virginia Offshore Wind (CVOW) project, marking a key milestone for what is set to become the largest offshore wind development in the United States.Dominion Energy’s Chair…
Adura Energy, a joint venture between Shell and Equinor, has signed a $3 billion reserve-based lending (RBL) facility to support its future growth and energy supply ambitions in the United Kingdom.The seven-year, senior-secured facility is Adura’s…
The United States and French energy major TotalEnergies said on Monday they would redirect nearly $1 billion from offshore wind leases to U.S. oil and natural gas production.The deal is the latest blow to the U.S. offshore wind industry, which…
Nexra, Cadeler’s operations and maintenance service platform, has secured an additional contract for an offshore wind campaign in Taiwan to be executed in 2026.The contract covers operations and maintenance work on two offshore wind farms and…
U.S. officials are drafting agreements to pay nearly $1 billion to oil major TotalEnergies as compensation for the cancellation of leases for wind farms in federal waters off New York State and North Carolina, the New York Times reported on Tuesday…
Revolution Wind, a 50/50 joint venture between Global Infrastructure Partners’ Skyborn Renewables and Ørsted, started delivering power to New England's electric grid on March 14.Revolution Wind, a 704MW offshore wind energy project, is expected to supply enough electricity to power more than 350…
The outlook for the offshore support vessel (OSV) business has brightened considerably since the dark days of the previous decade and is possibly in a “Goldilocks moment” — not too weak and not too strong. While strengthening, it has not yet reached the point of significant new vessel ordering…
Maersk Offshore Wind has officially christened its new Seatrium-built wind turbine installation vessel (WTIV) Maersk Viridis, marking the entry of the first vessel in the company’s new offshore wind installation fleet.The naming ceremony was held on board the vessel…
RWE has completed the sale of its F.E.W. Baltic II offshore wind development project in the Polish Baltic Sea to Polish utility PGE.Following the transaction, PGE has become the sole owner of the project, which has a planned generation capacity…
Bernhard Schulte Offshore (BSO) has taken delivery of a new commissioning service operation vessel (CSOV). The Windea Carnot, which was built at Ulstein Verft in Norway on behalf of an institutional investor, was handed over to its new owner…
Lighting company Glamox has secured a contract to supply marine lighting systems for the Shinan Ui offshore wind farm, set to become South Korea’s largest offshore wind project.The contract was awarded by SHE on behalf of Hyundai Engineering & Steel Industries (HESI)…
Vestas has received a firm order to supply turbines for the 1.38 GW Vanguard East offshore wind project in the United Kingdom, developed by RWE.The order follows confirmation of the Vanguard West project last month and further advances the UK’s…
Spain hopes to have its first offshore wind tender this year with a target of 3 GW, Energy minister Sara Aagesen said on Wednesday.She had already announced a similar plan a year ago.(Reuters - Reporting by Pietro Lombardi. Writing by Emma Pinedo; editing by Charlie Devereux)
X1 Wind has received a Statement of Compliance for the basic design of its X100 floating offshore wind platform from classification society DNV, marking a key milestone in the development of the company’s floating wind technology.The certification…