Malaysian oil and gas giant Petronas has dismissed reports of the company's involvement in talks with Hong Kong-based offshore wind company Ocean Wind International Industrial Limited as false.'Petronas refers to news reports that have emerged…
Norwegian oil company Equinor and Italian rival Eni plan to collaborate on development of floating wind farms in the North Sea as part of their expansion within renewable energy production, the companies said on Thursday.The Norwegian government has earmarked two areas in the North Sea for up to 4…
Barcelona-based floating wind technology developer X1 Wind is gearing up to deploy its PivotBuoy floating wind technology in the Canary Islands after completing the assembly and load-out of a fully functional prototype. The aim of the tech is…
On many levels, 2020 was a pretty horrific year, “a year like no other”, according to Mike Beveridge, managing director of energy investment firm Simmons Energy, a division of Piper Sandler. It’s easy to see why. A dip into a negative WTI contract prices…
Norway's Aker Solutions has completed the first part of the construction of concrete foundations for what will be the world's largest floating wind farm - Equinor's Hywind Tampen.The first part of the construction was finalized this week at Aker Solutions’ yard in Stord…
Principle Power, a developer of floating foundations solutions for the floating wind industry, has informed that João Metelo, its Chief Executive Officer, has announced his decision to leave Principle Power 'in the near term.' Metelo, who's been with Principle Power for over seven years…
Belgian offshore installation firm DEME has, via its French branch SDI, secured an engineering, procurement, construction, and installation contract for an export cable that will connect the Leucate Floating offshore wind farm to the power grid…
Oil major Chevron has, via its Chevron Technology Ventures (CTV), entered the offshore wind arena through investment in Ocergy, a company developing floating offshore wind turbine foundation technology and environmental monitoring buoy.Ocergy…
Ireland's state-owned Electricity Supply Board (ESB) last Friday announced a decision to convert Moneypoint, the country's only coal-fired power plant, into the country's first green energy production hub as part of the project called Green Atlantic @ Moneypoint…
Marine renewable energy group Ocean Energy Europe (OEE) has appointed CorPower Ocean CEO Patrik Möller and Simon De Pietro from DP Energy as its new Co-Presidents. 'This pairing brings together both technology and project development perspectives…
Global competition for offshore wind power is so hot that licence auctions now resemble the oil and gas competitions of just a few years ago, and some of the names are familiar too as global oil majors move aggressively into renewable energy…
Testing, inspection, and certification firm Bureau Veritas and offshore cable specialist Nexans have entered a partnership deal to reduce risk and promote best practices for turnkey deliveries of high voltage power cables used for connecting offshore wind farms (OWF) to onshore grids…
Norway's Aker Offshore Wind and Swedish firm Hexicon have signed an agreement to jointly explore and realize floating wind opportunities offshore Sweden, that could generate 'several gigawatts' of renewable power.'The two companies have agreed…
Offshore installation contractor Subsea 7 has entered into a joint venture with Ireland-based marine developer Simply Blue Energy, to further develop its Salamander floating wind farm concept, off the northeast coast of Scotland.'Salamander…
Britain's Crown Estate said on Wednesday it would start work on producing a new leasing round for commercial-scale floating wind power projects in the Celtic Sea.Floating wind farms are an emerging technology with far higher costs than plants fixed to the seabed…
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