Lithuania’s National Energy Regulatory Council (NERC) has announced that the second offshore wind tender, which targeted the development 700 MW of offshore wind capacity in the Baltic Sea, failed as it attracted only one bid.NERC informed that…
Engineering firm SeaThor has started testing its dynamic cable protection system CableSpring, designed for subsea cables that connect floating offshore wind turbines to the grid, at Falmouth Harbour’s test site for offshore renewables FaBTest…
Bureau Veritas Marine & Offshore (BV) has issued a certification for the recently inaugurated 25 MW Provence Grand Large floating offshore wind project, developed and owned by EDF Power Solutions, Enbridge and CPP Investments.BV has been involved in Provence Grand Large project journey since 2017…
Ignitis Group, a Lithuanian state-owned energy holding company, has submitted a bid for the rights to develop at least 700 MW of offshore wind capacity in the Baltic Sea, as part of Lithuanian state-backed auction.Ignitis Group participated in the tender through ‘Ignitis renewables projektai 5’…
Danish offshore wind developer Orsted said on Monday it raised 59.56 billion Danish crowns ($9.35 billion) in a heavily discounted share issue, shoring up finances as Trump administration opposition has caused uncertainty for its U.S. projects…
The International Energy Agency on Tuesday cut its global forecast for renewable power growth by 2030 by 248 gigawatts from last year's outlook, citing weaker prospects in the United States and China, even as solar power continues to drive record additions…
Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras, for its subsea equipment support vessel AKOFS Santos, which will continue to operate offshore Brazil.Following a competitive tender process…
Portugal’s Galp has reached a farm-in agreement with KE STP Company, a Shell affiliate, for the acquisition of a 27.5% stake in São Tomé and Príncipe’s Block 4, forming a joint venture with Shell, Petrobras and ANP-STP.With the agreement, Galp expands its presence offshore São Tomé and Príncipe…
Danish offshore wind developer Orsted maintains a plan to complete its offshore Sunrise Wind project in the United States in the second half of 2027, the company's CEO Rasmus Errboe told reporters on Tuesday.Orsted has meanwhile fully resumed work on the 80% complete U…
The first of the two planned offshore substations for Skyborn Renewables’ 976.5 MW Gennaker offshore wind farm has been moved out of the construction hall at the Smulders yard in Vlissingen, the Netherlands.OSS Darß is the first of the two platforms being developed by HSI consortium…
Former U.S. President Joe Biden exceeded his authority by withdrawing large areas along U.S. coastlines from future offshore oil and gas development, a federal judge in Louisiana ruled on Thursday.U.S. District Judge James Cain in Lake Charles…
QatarEnergy agreed with Shell to acquire a 27% participating interest in a block offshore Egypt from the oil and gas major, it said in a statement on Sunday.QatarEnergy has in recent years acquired stakes in oil and gas basins including in Guyana…
The decision by President Donald Trump administration to halt fully permitted offshore wind energy projects is 'very damaging' to investment, President of Shell U.S. Colette Hirstius told the Financial Times in a report published on Sunday.The…
The Japanese government said on Friday it had designated two sites off the coast of Akita and Fukuoka prefectures as 'promising zones' for developing offshore wind farms.Japan wants to accelerate renewable energy development to reach carbon neutrality by 2050…