Avangrid, the U.S. unit of Spain's Iberdrola, has agreed to sell its Kitty Hawk North offshore wind lease area to utility firm Dominion Energy for about $160 million, the companies said on Monday.Located in offshore North Carolina, Kitty Hawk…
U.S. offshore wind aspirations, both federal and state, have resulted in excitement about the potential opportunity of a large U.S. offshore wind market. But uncertainty, initially financially driven and increasingly a result of political uncertainty…
With its two latest vessel deliveries, WINDEA CTV has completed its inaugural fleet of Jones Act qualified crew transfer vessels (CTV) to service the growing U.S. offshore wind industry.The four brand-new Incat Crowther-designed hybrid-ready…
Texas-based exploration and production company Beacon Offshore Energy has achieved first oil production at the Winterfell development in the Green Canyon area of the U.S. Gulf of Mexico.Winterfell is a phased development with the initial two…
Oceaneering International announced its Offshore Projects Group (OPG) segment has been awarded multiple contractual agreements for vessel services with global energy companies, covering operations in the Gulf of Mexico.The scope of work under…
The U.S. Bureau of Ocean Energy Management (BOEM) announced its approval of Avangrid's New England Wind Construction and Operations Plan (COP), which authorizes construction and operation of two wind energy projects. This is the final approval of these two projects from BOEM…
U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) and UAE’s subsea technology and engineering services firm Unique Group have partnered up to offer unmanned surface vehicle (USV) services in the Middle East.Unique…
TotalEnergies and SLB have joined forces to develop innovative subsurface digital solutions and contribute to a more sustainable hydrocarbon production, as well as to address key challenges across the energy value chain, including carbon capture…
A fleet of Jones Act compliant crew transfer vessels is growing in stride with the United States’ burgeoning offshore wind industry.When the United Sates’ first purpose-built crew transfer vessel (CTV), Atlantic Pioneer, was delivered in 2016…
Italian cable maker Prysmian has completed the acquisition of Encore Wire, strengthening its position in the growing North American market.Prysmian acquired all of the outstanding shares of Encore Wire’s common stock for $290.00 per share, in cash…
Oilfield services firm Archer has entered into an agreement with Remold Invest to fully acquire the floating offshore wind solutions provider Moreld Ocean Wind (MOW), including a minority stake in U.S.-French technology company Ocergy (OCY)…
U.S. President Joe Biden's administration said on Friday it will hold an offshore wind energy lease sale off the coasts of Delaware, Maryland and Virginia in August as part of its broader efforts to expand the industry to fight climate change…
The Vineyard Wind 1 offshore wind farm, being built by Iberdrola’s Avangrid and Copenhagen Infrastructure Partners (CIP), has become the largest operating offshore wind farm in the United States, with the commissioning of 10 turbines totaling 136 MW…
American Offshore Services (A-O-S) announced the launch of its second crew transfer vessel (CTV), Generater, designed to support the United States' growing offshore wind industry.Generater is a 99-foot, Jones-Act-qualified catamaran built to serve wind farms off the U…
American Bureau of Shipping (ABS) and Dutch company FibreMax have signed an agreement to collaborate on stiffness-driven mooring tendons for the floating offshore wind market.The collaboration, which is principally focused on floating offshore wind assets…