The U.K. government has approved $1.27 billion for the next contracts for difference (Cfd) auction round, which is the biggest ever funding boost for its flagship renewables support scheme.The budget for the sixth CfD allocation round signals…
Spanish utility Iberdrola said on Thursday it is launching a bid to acquire the remaining 18.4% stake in its U.S. subsidiary Avangrid that it does not hold in a deal that would amount to about $2.49 billion.Iberdrola said it is offering $34…
Equinor and Polenergia have awarded a contract to RockWave for subsurface data reprocessing for Baltyk 1 offshore wind farm in Poland.The contract scope entrusted to RockWave for the 1.56 GW offshore wind farm involves the reprocessing of sparker…
Renewable energy industry supplier Ocean Geophysics has introduced an AI-driven boulder identification tool, which is expected to reduce development risk, time and cost for developers of offshore wind farms.Large, individual boulders as well as boulder fields with thousands…
UK-based Viaro Energy has received regulatory from the North Sea Transition Authority (NSTA) for the assignment in the Bressay oil field license, following the recently completed acquisition agreement with EnQuest. Under the terms of the sales and purchase agreement…
MacGregor, part of Cargotec, has received a large order for three cranes that will be installed onboard a new cable laying vessel (CLV) being built for Prysmian by shipbuilder Vard.MacGregor will deliver a 100-tonne active heave-compensated (AHC) crane…
Harland & Wolff Group has signed a five-year master services agreement for the fabrication of large structures with oil services company supplying subsea infrastructure for global oil and gas developments.Harland & Wolff has received its first…
Oslo-listed company Multiconsult has signed call-off option with Equinor for the grid connection providing electrification of Hammerfest LNG (HLNG) as part of the Snøhvit Future project.The call-off includes management assistance and follow…
A groundbreaking ocean energy project, which has combined wave power with subsea energy storage to power subsea equipment, has now completed a 12-month test program at sea and will end this spring.The $2.5 million (£2 million) Renewables for…
Salamander, a joint venture between Ørsted, Simply Blue Group and Subsea7, has partnered with two Scottish universities to investigate any potential impact of floating windfarms on marine ecosystems.The PREDICT 2.0 initiative forms part of a…
International engineering firm COWI has been awarded a contract by Thistle Wind Partners (TWP) - a joint venture involving DEME, Qair and Aspiravi – to provide Pree-FEED study for Ayre and Bowdun offshore wind projects in Scotland.Under the contract…
One of Turkey's mid-sized Mediterranean oil terminals - the Dortyol terminal - will no longer accept Russian imports after receiving record volumes last year, amid an increase in sanctions pressure by the United States.Turkey has become one…
Danish engineering group Ramboll has been selected by Italian company Agnes to deliver advisory and technical support for a 600MW offshore wind project in the Adriatic Sea, that will also feature floating solar units, battery storage and hydrogen production plant…
Nautical SUNRISE consortium partners have launched the EU-backed project whose aim is to facilitate research and development of offshore floating solar systems and its components.The Nautical SUNRISE project, supported with $7.35 million of Horizon Europe funding…
Eastern Green Link 2 (EGL2), a joint venture between SSEN Transmission and National Grid Electricity Transmission (NGET), has awarded contracts for the development of ‘subsea electricity superhighway’ to Prysmian, Hitachi Energy and BAM.EGL2 will see the creation of a 525kV…