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Report: Japanese Renewables Company JRE Up for Sale

Mar 09, 2021

Japanese renewables group JRE has been put up for sale by its owners, including Goldman Sachs, three people familiar with the matter said, a deal expected to draw interest from European firms eager to enter Japan's green power market.Japan Renewable…

USA: Senator Cruz Puts Hold On Biden's CIA Pick over Nord Stream 2 Pipeline

Mar 08, 2021

Republican Senator Ted Cruz put a hold late on Friday on President Joe Biden's pick to lead the Central Intelligence Agency to pressure the administration to put tough sanctions on Russia's Nord Stream 2 natural gas pipeline project.The Senate Intelligence Committee last week backed William Burns…

Another Vessel Joining Nord Stream 2 Pipeline Construction

Mar 05, 2021

The consortium behind the Nord Stream 2 undersea gas pipeline said on Thursday a second Russian pipe-laying vessel is undergoing sea trials ahead of joining the project, as it presses on with construction despite growing political pressure.The vessel…

Aker Solutions Awarded $80M in Offshore Wind Arbitration Case

Mar 05, 2021

Aker Solutions has been awarded some 67 million euros (USD 80 million) in damages by an arbitration tribunal in Germany in a case related to Kvaerner's work on RWE's Nordsee Ost offshore wind farm delivered back in 2013.To remind, Kvaerner last…

Allseas to Use MENCK Hammers for German Offshore Wind Project

Mar 04, 2021

Acteon's pile-driving operating company MENCK has won a contract with offshore installation company Allseas to deliver piledriving and handling equipment for the installation of TenneT’s DolWin6 offshore converter platform in the German sector of the North Sea…

REM Offshore's Wind Service Vessel to Feature NES Technology

Mar 03, 2021

Havyard Group's subsidiary Norwegian Electric Systems (NES) has won a contract to deliver energy design and smart control solution to Rem Offshore’s new vessel for the offshore wind service market. The contract was awarded by Green Yard Kleven who is building the vessel…

Specialist Offshore Wind Installation Ship Launched in China

Mar 01, 2021

Norwegian owner Offshore Heavy Transports (OHT) said its newbuild vessel Alfa Lift has been floated-out from its drydock at China Merchants Heavy Industry (CMHI) shipyard in Jiangsu, China. The semisubmersible heavy installation vessel, which…

Shell Accelerating Renewables Push in Germany

Feb 26, 2021

Royal Dutch Shell in Germany aims to produce aviation fuel and naphtha made from crops and renewable power and to increase to commercial scale an electrolysis plant that makes fossil-free hydrogen, as it seeks to move away from crude oil.The…

Spain's Iberdrola to Spend $182B by 2030 to Triple Renewable Capacity

Feb 25, 2021

Europe's biggest wind power generator Iberdrola on Wednesday pledged to spend 150 billion euros ($182.39 billion) by 2030 to triple its renewable capacity and double its network assets.Years of investment in low-emission generation and power…

Report: Baker Hughes, 17 Other Firms Quit Nord Stream 2 Pipeline Project to Avoid Sanctions

Feb 25, 2021

Baker Hughes Co and AXA Group and 16 other companies recently quit work on Russia’s Nord Stream 2 natural gas pipeline and will not be sanctioned, according to a document the Biden administration sent to Congress last week which was seen by Reuters…

DEME Offshore to Install Giant Monopiles for Baltic Sea Wind Farm

Feb 23, 2021

Belgian offshore installation company DEME Offshore has been awarded a substantial contract to deliver foundations for Parkwind's offshore wind farm in the Baltic Sea, offshore Germany.DEME Offshore will be responsible for engineering, procurement…

Vattenfall Awards Van Oord a 4-Year Offshore Wind Contract

Feb 22, 2021

Offshore wind developer Vattenfall has awarded the Dutch-based offshore installation contractor Van Oord a 4-year operations & maintenance (O&M) contract.Working through its MPI Offshore organization, Van Oord will provide jack-up and associated…

U.S. Designates Already Sanctioned Russian Ship as Helping to Build Nord Stream 2 Pipeline

Feb 22, 2021

The Biden administration on Friday identified a Russian ship and a company it believes are helping to build the Nord Stream 2 pipeline, but the entities had already been sanctioned by the Trump administration and the project's opponents in Congress said the move would do little to halt work on it…

France: EDF, Enbridge, wpd, Reach FID on $2,4B Calvados Offshore Wind Farm

Feb 22, 2021

EDF Group, Enbridge, and wpd on Monday announced the launch of construction activity on the Calvados offshore wind farm (Courseulles-sur-Mer) in France.The announcement follows the finalization of financing agreements between the consortium and its financial partners…

U.S. to Unveil Nord Stream 2 Report. Sanctions May Take Time

Feb 19, 2021

The Biden administration is expected to name as early as Friday the companies it believes are helping build Russia's Nord Stream 2 pipeline, five sources said, a move that could eventually prompt sanctions on the nearly-completed project.The State Department report to Congress…

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