Floating News


Addressing the Challenges of Developing Floating Wind at Scale

May 02, 2023

Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale…

Floating Wind Power Gains Traction But Can It Set Sail?

Apr 24, 2023

After a bumper year for floating offshore wind farm tenders, the nascent industry is poised for explosive growth in the coming decade as countries strive to cut their carbon emissions. But it's unlikely to be all plain sailing. Rising costs…

Markets: The Challenges of Developing Floating Wind at Scale

Apr 13, 2023

Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale…

Funding Secured for Further Development of Floating Offshore Wind Substation

Mar 23, 2023

Semco Maritime, ISC Consulting Engineers, Aalborg University, Energy Cluster Denmark and Norway, and Sweden-based Inocean have obtained funding to forward the development of a floating offshore substation (FOSS) concept.The parties announced…

Floating Offshore Wind Industry Poised for Full Commercialization by 2035 - Survey

Feb 22, 2023

The floating offshore wind industry is in its early stages of development but is poised for rapid growth, with full commercialization possible in a little over a decade, according to a recent DNV survey. However, the industry faces challenges…

$3 Billion Forecast to be Invested in New Anchor Handlers to Meet Floating Wind Demand

Jan 06, 2023

Floating wind is an emerging technology. Currently being tested in small scale demonstration and pilot projects, global floating wind commissioned capacity at the end of 2022 was less than 200 megawatts (MW). By 2030, close to 11 gigawatts (GW)…

World's First Floating Wind Farm Marks Five Years of Operation

Dec 29, 2022

Hywind Scotland, the first floating offshore wind farm in the world, has been running for five years now. It was put into service in 2017.Located off the coast of Peterhead, Scotland, it is the world’s first floating offshore wind farm, and…

First US Floating Wind Auction Closes

Dec 07, 2022

Five developers selected to build the first floating wind farms in U.S. federal watersTo support the California Energy Commission’s planning goals of 2-5 GW of offshore wind by 2030 and 25 GW by 2045 as well as a federal target to deploy 15 GW of floating wind by 2035…

Shell, Hexicon JV Selects Vestas' 15MW Turbines for S. Korea Floating Wind Project

Nov 29, 2022

MunmuBaram, a joint venture between Shell and Swedish floating wind technology developer Hexicon, has named the wind turbine maker Vestas as the preferred turbine supplier for the 1.3 GW MunmuBaram floating offshore wind project in South Korea…

CIP Picks Stiesdal Floater for 100MW Scottish Offshore Wind Farm

Oct 12, 2022

Copenhagen Infrastructure Partners (CIP) has selected Stiesdal Offshore’s TetraSub floating foundation structure for the 100MW Pentland Floating Offshore Wind Farm project, to be located off the coast of Dounreay, Caithness, Scotland.The technology…

Dutch FPSO Specialist to Test Its Floating Wind System in Norway

Oct 07, 2022

The Norwegian Marin Energi Testsenter (METCentre) and the Netherlands-based floating production specialist Bluewater have signed an agreement for a berth option to deploy an innovative floating wind system, offshore Norway.The system is planned to be installed in the North Sea offshore Karmøy…

Taiya Renewable Energy, BW Ideol in Floating Wind Pact

Sep 27, 2022

Taiya Renewable Energy on Tuesday announced a joint development of a floating offshore wind pipeline including a 50 MW floating wind pilot-project and commercial-scale projects offshore Taiwan with floating wind specialist BW Ideol.'This cooperation…

Stiesdal, Maersk Offer Floating Wind Services

Sep 08, 2022

Denmark's Maersk Supply Service and renewable energy pioneer Stiesdal Offshore have entered into a strategic partnership to offer combined solutions to this fast-growing sector within floating offshore wind.The companies say they intend to combine…

Hexicon's TwinHub Wins First First-ever Dedicated CfD for Floating Wind in UK

Jul 07, 2022

Hexicon AB’s TwinHub floating wind project in the Celtic Sea was successful in the latest UK Government's Contracts for Difference (CfD) Allocation Round (AR4). Hexicon has been awarded a CfD for its 32MW floating wind project at a strike price of £87…

RWE, Bourbon to Jointly Bid for French Floating Wind Projects

Jun 27, 2022

Renewable energy company RWE Renewables France and offshore vessel services provider Bourbon Subsea Services have agreed to jointly bid for the Mediterranean floating offshore wind auction.The two companies have applied to be selected as eligible bidder for the A06 tender…

Current News

Talos Energy Makes Leadership Team Changes

SOVs – Analyzing Current, Future Demand Drivers

Equinor Cleared for Drilling Ops at Johan Castberg Field with Transocean Enabler Rig

Skanska Set for South Brooklyn Marine Terminal Buildout

Subscribe for OE Digital E‑News