Oil futures slipped from the highest levels in several weeks on Monday on weakness in consumer spending in China, which is the world's largest oil importer, and as investors paused buying ahead of the U.S. Federal Reserve's interest rate decision…
The Shom (French Naval Hydrographic and Oceanographic Service) has confirmed the acquisition of the DriX H-8 surface hydrographic drone, developed by the French robotics and maritime technologies specialist Exail.The acquisition marks a strategic…
Floating Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have awarded front-end engineering and design (FEED) contracts to two partnership for the delivery of 560 MW GreenVolt floating wind farm offshore Scotland…
Nexif Ratch Energy’s San Miguel Bay offshore wind project in the Philippines has been granted the Certificate of Energy Project of National Significance (CEPNS) by the country’s energy department.The 500 MW offshore wind project, located in San Miguel Bay…
Japan’s Kansai Electric Power has signed a share purchase agreement with Iberdrola to take part of 315 MW Windanker offshore wind project, being built in the German Baltic Sea.The Japanese electric company will co-invest in the asset through its subsidiary Windanker Investco…
Vestas has secured a firm and unconditional order for the 1.1 GW Inch Cape offshore wind project in Scotland from Inch Cape Offshore Limited, an equal joint venture between ESB and Red Rock Renewables.The agreement is for the supply, installation…
Ørsted has hired JDR Cable Systems, Severfield and Smulders to produce integral components and deliver services for the Hornsea 3 offshore wind farm, under contracts collectively worth up to $127 million.Severfield will work with its strategic key contractor Hutchinson Engineering in Widnes…
China’s Mingyang Smart Energy has put into operation what’s said to be the world’s largest single capacity floating wind platform, rated at 16.6 MW, at Qingzhou IV offshore wind farm in South China Sea.The floater, dubbed OceanX, features dual-turbine 'V' shaped platform with a total capacity of 16…
Colombia's energy ministry has informed that all companies that submitted applications to participate in the country’s first offshore wind tender have been pre-qualified, complying with legal, financial and technical requirements.According to Colombia’s National Hydrocarbons Agency (ANH)…
Ocean Winds, a joint venture between EDP Renewables and ENGIE, has appointed Føn Energy Services to provide a fully integrated Balance of Plant (BoP) operations and maintenance (O&M) service program for the Moray West and Moray East offshore wind farms in Scotland…
Delmar Systems has been selected to deliver mooring scope for TotalEnergies’ Culzean floating wind pilot project, which will supply renewable electricity to an offshore oil and gas platform in the North Sea.Delmar Systems was hired by Archer Wind…
Ørsted has signed an agreement with Taiwan-based Cathay Life Insurance and its affiliate Cathay Wind Power Holdings for the sale of 50% stake in 583 MW Greater Changhua 4 offshore wind farm in Taiwan for $1.63 billion.Ørsted will continue to own the remaining 50 % ownership stake in the wind farm…
Tugdock and Sarens have secured funding from Crown Estate’s Supply Chain Accelerator for a joint project to develop a heavy lift operations and maintenance (O&M) hub at ABP’s port of Port Talbot in Wales to support floating wind projects in the region…
The Crown Estate has selected 13 organizations across England, Wales and Scotland to share nearly $6.4 million in funding through the initial round of its innovative Supply Chain Accelerator.Projects receiving funding include those enabling floating wind platforms…
RWE and TotalEnergies have selected the port of Eemshaven in the northern Dutch province of Groningen as the base for turbine assembly and construction work for their joint offshore wind project OranjeWind in the Dutch North Sea.The OranjeWind…