Orsted, the world's largest offshore wind farm developer, exceeded its own full-year core profit expectations on Thursday on the back of strong generation from its wind farms but said it expected this year's result to be slightly lower.Its 2019 earnings before interest…
Dutch offshore installation company and Estonian wind farm developer Saare Wind Energy have teamed up to develop the Saaremaa offshore wind farm in Estonia's part of the Baltic sea.Saare Wind Energy started the development of the project in…
Norwegian shipbuilder Ulstein has floated out the hull of a wind farm support vessel it is building for Bernard Schulte.The service operation vessel (SOV), yard number 315 at Ulstein Verft, was floated out from the yard’s dock hall on Sunday afternoon…
A vessel remotely operated from shore performed survey work for a wind farm in the sea off Suffolk, UK, reportedly marking a first for the offshore wind sector.The XO-450 unmanned surface vessel (USV), owned and operated by XOCEAN, carried out…
A flurry of North Sea and North American offshore substation awards culminated Thursday in a contract award to GE Renewable Energy’s Grid Solutions business from EDF Renewables and ESB for their Neart na Gaoithe offshore wind project.GE said…
Mayflower Wind Energy has hired a Semco-Bladt joint venture to build and deliver a substation for the Mayflower Wind project offshore Nantucket, Massachusetts.Bladt Industries and Semco Maritime have formed a joint venture for the design and construction of the 1…
Siemens Gamesa Renewable Energy (SGRE) has announced that in less than a year, and aligned to its commitment to sustainability it has accumulated €1.72 billion ($1.9Bn) in green guarantee lines.'SGRE is moving forward in its strategy of making…
The second of the three platforms for the WindFloat Atlantic project has left the Port of Ferrol for its final destination 20 kilometers offshore Viana do Castelo, Portugal.Upon arrival to the project site, it will be installed next to the first floating platform…
Matthew Tremblay, ABS SVP, Global Offshore Markets, discusses the course ahead for the burgeoning US offshore wind market.
The energy industry is changing. Renewables are on the rise and wind energy is becoming increasingly prevalent. In fact, Britain is set to increase the amount of energy produced from offshore wind farms from 7% to 30% over the next decade.However…
Increased integration between offshore wind and other marine renewables and offshore oil and gas production can help deliver the UK’s net zero target through technologies such as carbon capture and storage (CCS), said a study.According to a new report from the Oil and Gas Authority (OGA)…
A seismic shift in the dialogue around big oil and climate has occurred in the past 12 months. It’s a change in how big oil is orientating itself around what many call the energy transition. Climate goals - governmental, international and industry…
The UK’s offshore wind industry will need to lean on oil and gas expertise to help decommission wind farms as more than 3 gigawatts (GW) of offshore wind power reaches the end of its design life by 2034, an industry decommissioning conference heard in November…
American Wind Energy Association (AWEA) has urged Department of Interior (DoI) to advance offshore wind projects on one-year anniversary of record-breaking lease auctions.This weekend represents the one-year anniversary of a record-breaking…
It’s been quite a month for Equinor — new stakes in European wind; new Gulf of Mexico deepwater acreage; new frame contracts for major suppliers plus an endorsement from the International Energy Agency for its energy mix.Not bad — oh, and an…
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