Offshore installation specialist Subsea 7 has won a deal for the installation of the subsea cable system on an offshore wind farm project in Taiwan. Subsea 7 did not say who the client was, but said the contract was a sizeable one, which means it is worth between $50 million and $150 million…
China's MingYang has this week launched the MySE11-203, dubbed the world's biggest hybrid drive wind turbine, of the nameplate capacity of 11 MW.Per MingYang, the turbine features a rotor diameter of 203 meters and has a 31% higher annual energy production than its predecessor…
Gulf Energy Development Pcl said on Tuesday it acquired a 50% stake in a German offshore wind farm for about 558 million euros ($631.10 million) in the latest overseas investment by Thailand's second-largest power producer.Gulf Energy said acquiring…
Some 10,000 employees of Brazil's Petrobras, or 22% of its workforce, have accepted voluntary buyouts, Chief Executive Roberto Castello Branco said on Wednesday, as the state-run oil company intensifies its quest to slim down and refocus on core businesses…
Japan's industry ministry on Wednesday launched a bidding process to select an operator for the 21 megawatt (MW) Goto offshore wind power project in Nagasaki, southern Japan, marking its first auction under a new law to promote the sector.The…
Jan De Nul Group last week completed the offshore Trianel Windpark Borkum II (TWBII) project in the German North Sea.'All 32 Wind Turbine Generators (WTG) have been installed and mechanically completed,' Jan de Nul said last Friday.Jan De Nul…
Spanish renewable energy giant Iberdrola has struck a deal giving it an option to acquire stakes in up to eight offshore wind projects in Sweden.Iberdrola has signed the agreement with the renewables company Svea Vind Offshore AB (SVO) for the…
Fund management firm Copenhagen Infrastructure Partners (CIP) said on Tuesday it had started what it expects to be the world's largest fund for renewable energy infrastructure as it targets investments worth 100 billion crowns ($15.2 billion)…
Qatar Petroleum's Saad Sherida Al-Kaabi in a webinar last week said the country was pressing ahead with the giant offshore North Field expansion despite the dire situation in the energy market where he feels it'll take 1-2 years for demand to…
Denmark and Vietnam are working on finding ways to further boost Vietnam's offshore wind development, which according to the Danish Energy Agency, has a potential of 160 GW offshore wind. As part of the effort, the Danish Energy Agency and the…
Offshore engineering company expects to reduce mission-readiness time by 30% and training times by 20% through high fidelity, real-time 3D simulations.Houston-based Oceaneering International Inc. is a global leader in the subsea engineering and applied technology field…
U.S. cleantech incubator Greentown Labs, and offshore wind developer Vineyard Wind have started accepting applications for their Offshore Wind Challenge. Greentown Labs and Vineyard Wind are seeking submissions from startups that are innovating in marine mammal monitoring…
The cleantech incubator in North America Greentown Labs and Vineyard Wind, developer of the first utility-scale offshore wind energy generation facility in the Northeast U.S., have entered a partnership to run a Greentown Launch accelerator program focused on offshore wind innovations…
North Sea oil and gas operator Chrysaor is has filed decommissioning plans for its Caister CM installation and rise sections attached to the platform. The platform, located in the Southern North Sea offshore the UK, was first put in production in 1993…
Steffan Lindsø, Director of Emerging Technology, Europe, at Oceaneering, discusses resident subsea systems and why uptake today looks more likely than in the 2000s.What was missing in the early 2000s?The primary missing component for this to make any operational sense has been communications…
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