Norwegian energy firm Equinor said on Tuesday it had submitted two bids in New York's second offshore wind auction, following a deal it signed with BP last month to cooperate on offshore wind in the United States.Equinor said it was bidding for two projects off the U…
Tip #2: Fluid Selection - Using the wrong fluid at the right timeFluid selection plays a critical role in machine life, and it is easy to take the convenient path, which is use what is already available from other equipment. When matched with the right component…
Dutch marine and offshore services contractor Van Oord has become a shareholder in Saare Wind Energy, a company developing the Saaremaa offshore wind farm in Estonia.'The collaboration with Van Oord allows Saare Wind Energy to intensify the development process for this offshore wind farm…
Tip #1: Tribology - Assume All Hydraulic Components are Designed EquallyBelieve it or not, maintenance begins during the design phase. Moving parts create friction, and friction can lead to wear, ending in premature failure, especially when tribology is ignored…
Dutch offshore installation contractor Heerema Marine Contractors has installed two jackets for wind farm developer Ørsted. The jackets will provide the foundation for the Hornsea 2 offshore wind farm’s RCS and OSS platforms.Heerema used its…
Offshore wind has the potential to impact North America's entire offshore energy, maritime, ports and logistics value chain. An October 22 webinar presented by World Energy Reports, Ørsted and American Bureau of Shipping (ABS) will deliver insights on the current progress…
A floating offshore wind supply chain group has been formed in Scotland, as a subgroup of the Scottish DeepWind supply chain cluster, looking to ensure that the local firms benefit from the nascent but growing floating offshore wind industry…
Fast-growing offshore windfarms expect low carbon service operations by support vessels, but supplying and handling biofuels is a challenge and the development of ammonia and hydrogen-powered vessels still has a long way to go, ship fuel broker and trader LQM Petroleum Services said…
Japanese oil refining company Eneos said Thursday it was joining an offshore wind joint venture targeting projects in Akita Prefecture in Japan.Eneos has acquired a share in GK Happo Noshiro Offshore Wind, a company formed to seek opportunities…
Spanish energy company Iberdrola has via its French subsidiary Ailes Marines awarded a contract for the construction of an offshore substation for the Saint-Brieuc bay offshore wind farm in Brittany, France.A joint venture, formed by Eiffage Métal and Engie Solutions…
The oil and gas industry is currently enduring one of the most challenging periods in its history. The impact of the COVID-19 pandemic significantly accelerated an existing decline in global demand for hydrocarbons, resulting in the lowest oil prices for 30 years…
Norwegian offshore crane specialist Red Rock has recently received an order to deliver a telescopic offshore crane for an under-construction service operation vessel (SOV) being built for the Taiwanese offshore wind market.The order for the…
Apollo Global Management will acquire a share in US Wind, an offshore wind energy development company, via an investment of up to $265 million.'Apollo Funds have committed to invest through convertible debt and equity up to $265 million to acquire…
German utility RWE supports the introduction of contracts for difference (CfDs) to spur growth in the country's offshore wind sector, chief finance office Markus Krebber said during a call with reporters on Thursday.Germany's upper house of parliament backs such an internationally proven mechanism…
RWE aims to sell a minority stake in British offshore wind farm Humber Gateway, as the German utility seeks to release cash for expansion in renewable energy, two people familiar with the matter said.Morgan Stanley plans to launch the deal, which could value the asset at more than 1…
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