Offshore Wind News


MARAD’s Title XI Changes: Good News for Offshore Wind?

Feb 12, 2024

The U.S. Department of Transportation's Maritime Administration (MARAD) in December issued a final rule updating its financial requirements for the Federal Ship Financing Program, commonly referred to as Title XI. While the move applies to the U…

Three Welsh Firms Enrol in ORE Catapult’s Floating Wind Supply Chain Accelerator

Feb 12, 2024

Three Welsh companies have been selected for Offshore Renewable Energy (ORE) Catapult’s first Fit 4 Offshore Renewables (F4OR) program, aimed at boosting their skills and expertise in delivering support for the floating wind sector in Wales…

US and Denmark Team Up for $4.2M Floating Wind Innovation Call

Feb 09, 2024

The U.S. Department of Energy’s (DOE) Wind Energy Technologies Office (WETO) and Innovation Fund Denmark have announced an intention to release a $4.2 million funding opportunity to advance floating offshore wind energy systems.The announcement…

US to Establish National Offshore Wind Center of Excellence

Feb 09, 2024

The U.S. Department of Energy (DOE) has set out plans to invest $4.75 million to establish a new national center of excellence to accelerate offshore wind deployment across the United States.The Academic Center for Reliability and Resilience of Offshore Wind (ARROW)…

USFR Plans $700M Investment in US Offshore Wind Towers Production Plant

Feb 08, 2024

US Forged Rings (USFR) has unveiled plans to invest $700 million to construct a state-of-the-art tower fabrication facility and a steel forging plant that would serve the U.S. offshore wind industry.The U.S.-based company will use these two…

DNV Updates ‘Go-To Standard’ for Offshore Energy Operations

Feb 08, 2024

DNV has published a substantial revision to the ‘go-to standard’, DNV-ST-N001, for the design and planning of marine operations for the transport, installation and removal of offshore wind farms, subsea cables and oil and gas assets.The new…

Seaway7 and Dong Fang Partner Up for Taiwan’s Offshore Wind

Feb 08, 2024

Seaway 7 and Dong Fang Offshore have signed a memorandum of understanding (MoU) outlining their intention to collaborate in offshore wind market in Taiwan, with a focus on cable installation.The collaboration will focus on developing a robust…

S&P Downgrades Orsted on U.S. Offshore Risks

Feb 07, 2024

S&P downgraded Danish wind power giant Orsted to BBB on Wednesday, citing higher leverage on its balance sheet and major U.S. impairments in 2023 due to supply chain delays and higher costs.S&P said Orsted's business risk profile has weakened from last year…

Orsted Cuts Investment, Capacity Targets After Review

Feb 07, 2024

Orsted, the world's biggest offshore wind farm developer, trimmed its investment and capacity targets on Wednesday and paused dividend payouts as part of a major review.The Danish company has battled to restore investor confidence after halting the development of two U…

BMT Unveils 48-meter SOV Design

Feb 06, 2024

Naval architecture and marine engineering firm BMT unveiled its new design for a 48-meter service operation vessel (SOV).BMT said the mid-sized vessel sits in between crew transfer vessels (CTV) and typical SOVs, providing a more cost-effective…

Wind Power Outpaces Gas Plants in Europe

Feb 06, 2024

Wind power production outpaced gas plants in Europe for the first time last year as fossil fuel electricity generation plummeted, cutting the region's carbon emissions, data from think-tank Ember showed.Europe is ramping up its renewable electricity…

Fugro Gets Dutch Offshore Wind Zone Survey Job

Feb 06, 2024

Dutch company Fugro has secured the geophysical survey contract for the development of the Doordewind offshore wind farm zone in the Netherlands.The Doordewind project, led by the Netherlands Enterprise Agency (RVO), is part of the Dutch Government’s Offshore Wind Energy Roadmap 2030…

Eidesvik Extends Contract with DEME for Viking Neptun CSV

Feb 06, 2024

Eidesvik Offshore, a Norwegian offshore vessel owner, has signed a ship management contract extension with DEME for construction support vessel (CSV) Viking Neptun.The three-year extension also includes a two-year option for further extension…

Gazelle Prepares for a Floating Wind Future

Feb 05, 2024

As offshore wind power spreads globally, it’s widely acknowledged that the maturation of floating wind power platforms will exponentially increase the availability of resources, as a majority of the wind power lies outside the installation zone of fixed systems…

Developers Submit Scoping Report for 1GW Scotwind Floating Wind Farm

Feb 05, 2024

Thistle Wind Partners (TWP), a consortium involving DEME, Qair and Aspiravi, has submitted the onshore scoping report for its Ayre Offshore Wind Farm to The Highland Council.TWP’s Ayre project, located to the east of Orkney, will be a 1 GW floating wind farm…

Current News

First Gas Export to Denmark from Tyra II Expected Today

Vattenfall to Take Part in IJmuiden Ver Offshore Wind Tender in Netherlands

Beach Energy to Let Go 30% of Workforce Amid Strategic Review

Ocean Infinity Inks Deal with Shell for Subsea Data Capture Services

Subscribe for OE Digital E‑News