This has certainly been an active year for offshore wind, both in the U.S. and globally. Looking at the U.S. in particular, the East Coast is certainly giving cause for real optimism with a clear pipeline of state procurement targets indicating 12 gigawatts installed by 2030 and 29…
Equinor on Saturday, December 12, kicked off production from its Snorre Expansion Project in the North Sea, offshore Norway.The project, which will add almost 200 million barrels of recoverable oil reserves and help extend the productive life of the Snorre field through 2040…
South Korea's Doosan Heavy Industries & Construction has signed an agreement with compatriot SK Engineering & Construction to collaborate on floating offshore wind farm projects.Under the agreement, SK E&C will take on the development of the wind farm complex…
Wave energy converter developer Bombora and energy services giant TechnipFMC have teamed up to work on a floating offshore wind project, which pairs ocean wave energy with offshore wind.Bombora said Wednesday that under the cooperation in the…
The offshore wind industry has made great strides to become a cost-competitive option for grid and off-grid energy solutions. And today, the industry is growing faster than ever before, both in the well-established European market and in newer ones such as in China…
Floating wind farm foundations specialist Ideol has signed a letter of intent with the Port of Cromarty Firth in the UK, that could create more than five hundred new Scottish construction jobs.The agreement would see the French-based company…
Floating offshore wind farm technology developer Principle Power has appointed Paula Rosa as Chief Financial Officer effective immediately.Rosa, who will report to CEO João Metelo, has more than two decades of experience as a partner to executive teams…
French energy giant Total has entered the floating wind farm business in France with the acquisition of a 20% stake in the Eolmed floating wind farm pilot project, located in the Mediterranean, off the coast of Gruissan and near Port-La-Nouvelle…
Norwegian company Aker Offshore Wind has received funding from Enova for a pre-project that aims to reduce costs and increase maturity in important technical segments of offshore floating wind. Enova is Norway’s innovation fund for environmentally friendly technologies…
CorPower Ocean, a Sweden-based developer of wave energy converters, has secured a 10-year marine license in Portugal.The company said the license provides a ‘Permit for the Private Use of the Maritime Space’ up to 12 miles off the coast of Aguçadoura in northern Portugal…
Oil and gas services firm SBM Offshore raised its full-year core profit guidance on Thursday on the back of a 23% increase in nine-month revenue and said it had started work on a pilot floating offshore wind project in France.The Dutch company…
Japanese FPSO specialist MODEC says it is working with partners to develop a solution that will reduce the overall cost of floating offshore wind turbines.For some time, floating offshore wind has been something of a niche, but now full-scale demonstrators are in the works…
Insights on innovative power products upgrades that could be used to keep offshore operations moving along effectively, efficiently.Maersk Supply Service/Orsted power buoysDanish offshore vessel firm Maersk Supply Service and its compatriot offshore wind developer Ørsted…
Saitec Offshore Technologies, in cooperation with RWE Renewables, has announced the imminent start of the construction of its SATH floating platform for offshore wind turbines as part of its DemoSATH project.The construction contract has been awarded to Ferrovial…
Dutch crane specialist Huisman has signed a letter of intent with Norway-based Wergeland and PSW for the delivery of its Skyhook quayside crane at the Gulen Industrial Harbour, Norway.The crane - dubbed the largest Slewing Jib Quayside Crane…