Belgian electricity transmission system operator is looking to expand its international offshore activities and has for this purpose established a new subsidiary WindGrid.'Through WindGrid, Elia Group is ready to meet offshore development needs…
Offshore services firm Global Marine Group has extended the contract for Solstad Offshore's construction support vessel Normand Clipper.The contract extension is for three years more, with the vessel now expected to stay with Global Marine Group until May 2026…
Partners Group, a global private markets firm, has agreed, on behalf of its clients, to buy North Star, a UK-based operator of emergency response and rescue vessels, which has recently also dived into the offshore wind sector with several orders…
Oil major Shell will acquire a 51% share of Simply Blue Group's Western Star venture, which seeks to develop a floating wind farm off the Clare coast in Ireland. The deal follows a similar arrangement earlier this year to jointly develop the…
Germany-based food retailer REWE has signed a 10-year power purchase agreement with Ørsted to procure 100 MW of electricity from Ørsted’s Borkum Riffgrund 3 offshore wind farm which is set to become operational in 2025.The deal marks REWE Group’s…
Former Swedish Finance Minister Pär Nuder and former Vattenfall executive Mikael Kramer - both Swedish - have joined the Board of Directors a new joint venture between Norway's Aker Offshore Wind and Swedish firm Hexicon which will develop floating wind offshore Sweden…
France's TotalEnergies, Macquarie Group's Green Investment Group, and Scotland's Renewable Infrastructure Development Group said on Wednesday they will jointly bid for sites in Scotland’s next offshore wind leasing round.The companies have joined…
Seadrill Ltd on Wednesday reached a tentative deal that will allow it to continue using lender cash to fund operations while it works with creditors on a path out of bankruptcy.During a virtual hearing, U.S. Bankruptcy Judge David Jones, sitting in his Laredo…
Northern Offshore Services has taken NYK's crew transfer vessel Energizer on a ten-year charter. The vessel will be used to transfer crews to offshore wind farms, mainly in Europe.Japan's NYK, which shared the charter news on Thursday, also…
Norway-based Axess Group has signed an offshore support services contract with FPSO operator Altera Infrastructure.Axess said this week that the long-term global contract would see Axess provide offshore support services to FPSO assets located…
Norway-based operator of offshore support and construction vessels Solstad Offshore has secured a contract for its Normand Cutter vessel with Global Marine Group ('GMG').The construction support vessel is already on a contract with GMG, and the new contract will start in March 2021…
Offshore energy and marine consultancy AqualisBraemar has completed the acquisition of the marine and engineering consulting firm LOC Group (London Offshore Consultants).Oslo-listed AqualisBraemar announced the completion of the transaction on Tuesday…
Motive Offshore, a UK-based marine equipment provider has acquired subsea equipment experts, Flowline Specialists, for an undisclosed sum.Motive, based in Boyndie, Banff, Scotland, said that the deal is the latest development in Motive’s growth trajectory…
Inverness-based offshore energy construction and services firm Global Energy Group said Wednesday it has appointed Iain Sinclair to the newly created role of Executive Director of Renewables and Energy Transition and shared plans to launch a new operation in Edinburgh…
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…