Belgium-based offshore installation services company DEME has signed an agreement to acquire Havfram, an offshore wind installation contractor based in Norway, in a deal worth $985.5 million.The strategic acquisition aligns with DEME's ambition…
Eiffage, through Eiffage Métal’s Belgian subsidiary Smulders, has signed an agreement for the acquisition of HSM Offshore Energy to strengthen its expertise in the offshore energy market.HSM Offshore Energy is an integrated solution provider in Engineering…
A new EU-funded project has brought together 14 partners across Europe to unlock the potential of harnessing tidal and river energy in the North-West Europe.The SHINES project, short fo Showcasing Hydrokinetic energy Innovations for Northwest European Energy Sovereignty…
Companies from around the world have proposed to develop 69 offshore areas in Colombia's first offshore wind energy auction, the South American country's National Hydrocarbons Agency (ANH) said on Thursday.Why It's ImportantThe auction is a…
TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands for the delivery of green hydrogen, produced mainly by offshore wind power from the OranjeWind project, which will be used to decarbonize its refineries in Northern Europe…
Belgium's transmission operator (TSO) Elia has temporarily postponed the signing of high-voltage direct current (HVDC) contracts for ‘the world’s first’ artificial energy island, due to the price increase for HVDC infrastructure, causing a three…
Belgium-based offshore installation contractor Jan De Nul, in partnership with Greek cable maker Hellenic Cables, has entered into a framework agreement to supply and install export cables for two 750 MW floating wind farms off the coast of Southern Brittany in France…
Fugro has started conducting comprehensive ground investigation for a CO2 highway, off the coast of Belgium, part of a 1,000-kilometer-long planned pipeline by Equinor to transport CO2 between mainland Europe and Norway.Under the contract, Fugro…
Energy major BP and Japan’s largest power generation company JERA have agreed to combine their offshore wind businesses to form a new standalone, equally-owned joint venture that will become one of the largest global offshore wind developers…
French subsea power cable maker and services provider Nexans has secured a contract from ScottishPower Renewables to supply and install export cables for the East Anglia TWO offshore wind farm in the southern North Sea.Under the contract, Nexans…
Soaring costs, project delays and limited investment put targets out of reachAfter a year of canceled projects, broken turbines, and abandoned lease sales, the global offshore wind industry no longer has much chance to hit the lofty targets set by governments in the U…
The European Investment Bank (EIB) and Elia Transmission Belgium (ETB) have signed a $704 million (€650 million) green credit facility agreement, earmarked for the realization of the first phase of the Princess Elisabeth Island project.The Princess…
The Energy Ministers of the nine North Sea countries held their annual meeting on Friday in Odense, Denmark, reaffirming their ambition to transform the North Seas into Europe’s “green power plant.”The North Seas Energy Cooperation is the intergovernmental…
Belgium-based offshore installation services company DEME has secured a contract, worth up to $320 million, to carry out the transport and installation works for the inter-array cables and secondary steel for the OranjeWind offshore wind farm in the Netherlands…
DNV, the independent energy expert and assurance provider, has certified the first CO2 storage site for Project Greensand in Denmark, marking a key milestone in the advancement of carbon capture and storage (CCS).Building on prior certifications issued in June 2023…
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