The U.S. offshore wind sector continues its journey to deploy 30 GW of offshore wind by 2030 and 110 GW by 2050, Intelatus Global Partners said in its July U.S. offshore wind report.Two major OCS projects with around 940 MW of capacity have reached FID and have started onshore construction…
Teekay Corporation has found a new home for its Sevan Hummingbird FPSO following its recent departure from the Chestnut field in the UK North Sea, after 13 years of production there for Centrica's Spirit Energy. The cylindrical FPSO has been…
Norwegian energy giant Equinor said Monday that the first of 11 floating wind turbines that will make up its Hywind Tampen floating wind farm in the Norwegian North Sea, had reached the offshore location.As Offshore Engineer reported last week…
In our first article we highlighted some of the key contractual considerations facing shipowners looking to construct and charter offshore wind vessels. In this article we explore some of the considerations concerning the financing and bankability of offshore wind vessels…
Irish floating wind platform developer Gazelle Wind Power (Gazelle) has signed a memorandum of understanding with the Austrian consulting firm Vienna Consulting Engineers ZT GmbH (VCE) to support its 2MW floating wind pilot project in the Canary Islands…
The Petroleum Safety Authority Norway (PSA), the Norwegian offshore safety watchdog, has consented to Equinor taking the Hywind Tampen floating offshore wind farm into use, as the first turbine set sail to the offshore location.Equinor’s 88MW…
The Crown Estate for England, Wales, and Northern Ireland said Monday said Tuesday it had identified, and released a map of five broad ‘Areas of Search’ for the development of 4GW of floating offshore wind in the Celtic Sea by 2035.'These areas…
Danish offshore wind turbine maker Vestas will deliver wind turbines for the 30 MW Eolmed floating offshore wind farm, to be located 18 km off the coast of Gruissan and Port-la Nouvelle, France, in the Mediterranean Sea.The project, owned by Qair…
The UK government on Tuesday gave green light for six fixed offshore wind projects, with the potential to generate renewable electricity for more than 7 million households.The Secretary of State for Business, Energy and Industrial Strategy gave…
Construction of the 16.8 megawatt Goto floating wind farm in Japan is expected to start in September 2022, with the commercial operations scheduler to begin in January 2024.A a sole bidder, the Japanese Goto Floating Wind Farm consortium, in June 2021…
Floating wind farm developer Hexicon Korea has agreed to sell its entire Yeonggwang Project, a floating offshore wind project off the south-west coast of South Korea, to an undisclosed major energy company.'Hexicon Korea thereby sells off its 40 percent stake in the project…
TotalEnergies, the French oil major with growing renewables aspirations, on Tuesday confirmed the start of the construction of the 30MW Eolmed floating wind project in the Mediterranean Sea, off France.The project, in which TotalEnergies has a 20% stake…
Five oil and gas companies in Norway, partners in the Troll and Oseberg fields in the North Sea, are looking to build a 1GW floating wind farm in the Troll area, with the plan to use the wind farm to power oil and gas installations. The final investment decision could be made in 2023…
The EolMed consortium comprising Qair, TotalEnergies, and BW Ideol, has reached a final investment decision for its 30MW offshore floating wind development in France, BW Ideol said in a brief statement on Thursday.BW Ideol, a company making foundations for floating wind turbines…
French offshore vessel operator Bourbon has won a contract to support the construction of the Eolmed project, a recently sanctioned pilot floating wind farm in the Mediterranean Sea, offshore France.The wind farm, owned by Qair, TotalEnergies…
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