After many false starts, the U.S. offshore wind market is building strong roots for a solid future. But as the market develops from its current northeast and mid-Atlantic niche new opportunities and challenges arise.The U.S. offshore wind market…
Classification society and assurance provider DNV has awarded Odfjell Oceanwind an Approval in Principle (AiP) for its new Deepsea Semi floating wind foundation design. The Deepsea Semi floating wind foundation design has been developed for…
Swedish floating wind tech firm Hexicon said Friday its Twin Hub stepping stone project had been awarded a marine license for the installation of an offshore floating wind demonstrator in the Celtic Sea.'Twin Hub floating demonstrator project in the Celtic Sea has now been awarded a marine licence…
Portugal plans to hold its first auction for floating offshore farms this summer, which it hopes will be able to produce between 3 and 4 gigawatts (GW) of power in 2026, Environment and Energy Transition minister Joao Matos Fernandes told Reuters…
Norwegian company Odfjell Oceanwind, which describes itself as the mobile offshore wind pioneer, said Thursday that after a recent private placement of 100 MNOK (~$11,3 million), TrønderEnergi and The Blystad Group became new shareholders in the company…
Korea Floating Wind ('KF Wind'), a joint venture between Ocean Winds and Aker Offshore Wind, has received its second Electric Business License (EBL) from South Korea's government for a capacity of 450 MW, 'Obtaining the second EBL represents…
Danish offshore vessel owner Maersk Supply Service has won a contract for the mooring system installation of the Saitec Offshore DemoSATH floating wind project.“This is a significant contract for Maersk Supply Service, as floating wind is a…
Petrofac, an oilfield services giant with increasing offshore wind aspirations, has signed a memorandum of understanding with Seawind Ocean Technology, a developer of a 'unique' floating offshore wind energy system.Netherlands-based Seawind…
Engineering and technology group, Technip Energies has acquired a 16.3% stake in X1 Wind, a startup that has designed 'an innovative and disruptive' offshore wind turbine floater.Technip Energies is the lead investor in this funding round, which…
Irish floating wind platform firm Gazelle Wind Power (Gazelle) has signed a memorandum of understanding (MOU) with Bridon-Bekaert Ropes Group (BBRG) to supply mooring lines for Gazelle’s dynamic mooring system. BBRG will serve as the supplier…
Magnus Hallman was recently appointed CEO of Freja Offshore AB, the 50/50 joint venture (JV) established in 2021 by Hexicon and Aker Offshore Wind.Hallman joins Freja Offshore from Svenska Kraftnät Gasturbiner AB where he held the position of CEO…
Shell will invest up to 25 billion pounds ($33 billion) into the energy system in Britain over the next decade, a senior executive at the oil major said, and over 75% of which will be funneled into zero-carbon products and services.Shell plans…
French energy industry giant TotalEnergies has partnered with the Norwegian company Semar in the development of the innovative Honeymooring solution, which, according to TotalEnergies, will contribute to lowering the floating wind costs and reducing seabed footprint…
The UK's overall pipeline of offshore wind projects now stands at 86GW, more than eight times the country's current operating capacity, according to a new report from RenewableUK.The UK offshore wind project pipeline includes projects which are fully operational…
Norway-based offshore wind developer Aker Offshore Wind said Thursday it remained committed to its strategy and to developing its international project portfolio despite the disappointing result in the ScotWind leasing round where the company did not secure any project licenses…
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