While 2020 proved to be a challenging year for offshore oil and gas markets, the same cannot be said about offshore renewables, which saw substantial growth.'It is expected that a number of offshore support vessels (“OSVs”) and crew boats will…
Oil and gas major Shell and Iberdrola-owned Scottish Power said on Friday they had joined forces to bid to develop large-scale floating wind farms off the coast of Scotland.The companies said they had submitted proposals for the potential projects as part of Scotland's offshore wind leasing round…
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co has ordered from Huisman a 2,600mt Leg Encircling Crane (LEC), to be installed on Eneti’s newbuild wind turbine installation vessel (WTIV).'The new Leg Encircling Crane has a 147-meter long boom…
Dutch marine and offshore services provider Boskalis said this week it has completed the installation of the fifth and final floating wind turbine at the Kincardine floating wind farm off the UK, currently the world's largest floating wind farm…
Azerbaijan's national oil company SOCAR has signed a cooperation agreement with energy services firm Technip Energies for a floating wind pilot project.SOCAR said the two firms would study sustainability measures in the offshore upstream activities…
Thai energy company, Global Power Synergy Pcl (GPSC), on Thursday said it had acquired a 25% stake in a Taiwanese offshore wind farm for $500 million.The deal comes a day after it announced a $453 million investment in a solar project in India…
Shares in Siemens Gamesa tumbled as much as 17% on Thursday after the wind turbine maker warned of a possible loss due to sharp increases in raw materials prices and product ramp-up costs.Parent Siemens Energy scrapped its own margin target…
Green Investment Group (GIG), part of Macquarie Group, has selected the UK-based engineering firm Offshore Design Engineering (ODE) as the Owner’s Engineer and Package Manager for its offshore wind farms in South Korea.Under the contract, ODE will manage a range of packages including foundations…
DNV, an energy industry consultancy and assurance provider, said Thursday it would lead the process safety study to identify the main environmental, safety and operational risks for what they say will be the world's first offshore hydrogen production facilities…
Maritime and offshore classification society American Bureau of Shipping (ABS) has classed the 25MW WindFloat Atlantic floating offshore wind farm in Portugal, making it the world’s first classed offshore wind farm of the type.The floating wind…
Sparrows Group's subsidiary Alpha has said it has been awarded a contract to carry out wind turbine platform modifications in support of a new walk-to-work system at a UK east-coast offshore wind farm.Alpha and Sparrows team will construct and install push-on plates…
BP and EnBW announced the names of their new offshore wind projects in the Irish Sea off Wales on Wednesday, as well as a dedicated supplier portal for the projects.The two offshore wind farms - named Morgan and Mona - will once built, have a combined potential generating capacity of 3GW…
Norwegian offshore vessel owner Simon Møkster Shipping has recently won a contract with Equinor for service operation vessel (SOV) services for the Hywind Tampen floating wind farm project in Norway.The 88 MW Hywind Tampen, which will be the world's largest floating wind farm once built…
Italian energy industry services provider Saipem is set to complete the acquisition of the French Naval Energies' floating wind business.The two companies first announced the agreement on June 4, and now all the necessary conditions for the completion of the deal have been fulfilled…
Spanish renewable energy giant Iberdrola has awarded the final key contract for the construction of its Baltic Eagle wind farm in Germany.The contract is for the construction of offshore foundations, and the winners of the order are EEW SPC and Windar…