South Korean steelmaker POSCO Group has signed a memorandum of understanding (MoU) with Ørsted to explore the joint development of the 1.4 GW Incheon offshore wind farm, the largest such project in South Korea.The agreement, signed on September 24…
BP said on Thursday it expects global oil demand to grow until 2030, five years later than its forecast a year ago, stressing slowed efforts to increase energy efficiency.The oil major's latest Energy Outlook, an annual study of energy trends through 2050…
Ørsted has signed a lease agreement for up to 100,000 square meters at the Port of Tyne, one of the UK’s major deep-sea ports, to support the development of its Hornsea 3 offshore wind farm.The site, located at Tyne Clean Energy Park in South Shields…
RWE and Semco Maritime have entered into services frame agreement for the maintenance of offshore substations in Germany.The frame agreement runs until end of 2027, with an option for a two-year extension.It covers scheduled and unscheduled…
Danish offshore wind installation firm Cadeler has taken delivery of its first A-class wind turbine installation vessel (WTIV), Wind Ally, designed to transport up to six sets of XXL monopile foundations per round trip.Wind Ally has become the…
DEME, through its Taiwanese joint venture CDWE with CSBC Corporation, has secured a contract for the Formosa 4 offshore wind farm in Taiwan, covering the transport and installation of 35 foundations and the offshore substation, as well as the scour protection works…
The U.S. Department of Energy intends to cancel more than $13 billion in funds that the Biden administration had pledged to subsidize wind, solar, batteries and electric vehicles, it said on Wednesday.It was not immediately clear which funds were being targeted…
Offshore construction has started at the Hollandse Kust West wind farm, where Van Oord and developer Ecowende are installing eco-friendly scour protection designed to improve marine biodiversity.Van Oord’s subsea rock installation vessels Nordnes…
Bowdun offshore wind farm, developed by Thistle Wind Partners (TWP), has launched an initiative to unlock a $1.35 billion (£1 billion) offshore wind opportunity for Scottish oil and gas supply chain companies to diversify into renewables.Bowdun…
The consortium formed by TotalEnergies and RWE has won the Centre Manche 2 (AO8) offshore wind tender to develop 1.5 GW project off the coast of Normandy. However, RWE has expressed its wish to exit the consortium, while TotalEnergies remains committed to pursue the project…
U.K. engineering company Multisec, in partnership with Durham Lifting, has designed and manufactured one of the largest C-Hooks ever produced for the offshore wind industry.The bespoke lifting tool, developed for SeAH Wind, has a capacity of…
Lighting specialist Glamox has secured contracts from electrical contractors working for three yards to provide connected marine lighting and light management systems for 11 offshore High Voltage Direct Current (HVDC) converter platforms.The…
Dutch geological data specialist Fugro scrapped its annual outlook on Monday and announced further job cuts, citing an impact from project delays, sending its shares lower.Shares in Fugro were down around 11% to their lowest since March 2022 at 0705 GMT…
The Engineering Construction Industry Training Board (ECITB) has unveiled its new strategy, Leading Industry Learning, outlining how it will help to address skills shortages and support industry growth in Great Britain.The strategy sets out a five-year plan…
ELWIND has signed a contract with Haskoning Nederland to carry out a study on determination and assessment of possible grid connection points, cable routes, as well as network configuration for Estonian-Latvian offshore wind farm ELWIND. The…