Italian provider of oilfield and renewable energy services Saipem has signed a two-year frame agreement with Norway's Equinor covering offshore engineering services worldwide.Per Saipem's statement on Tuesday, The frame agreement covers feasibility and conceptual studies…
Offshore wind will constitute 25% of total wind demand in 2028, up from 10% in 2019 and will narrow the gap with offshore upstream oil and gas in terms of capital expenditure deployment, said the analyst firm Wood Mackenzie.The possibility of offshore wind becoming cheaper than coal…
The European Union has granted funds to an international consortium led by Spain's Iberdrola, to install and test a floating wind turbine in Norway.Norwegian Offshore Wind Cluster said earlier this week that the EU had granted NOK 290 million (~$27…
California Energy Commission has awarded Aker Solutions and Cognite a $2 million grant for a project called NextWind Real-Time Condition Monitoring.The project is focused on next-generation solutions in wind through digitalization and aims to…
Norway approved on Wednesday Equinor's 4.8 billion Norwegian crowns ($466 million) plan to build floating offshore wind turbines that will provide electricity to North Sea oil and gas platforms, the energy ministry said.The long-planned project…
RWE Renewables (RWE) recently partnered with Spanish engineering firm Saitec Offshore Technologies (Saitec) to develop a floating platform for offshore wind turbines.In a joint pilot project called “DemoSATH”, the RWE and Saitec will start testing…
French energy major Total said on Thursday that it had reached an agreement with renewables energy developer Simply Blue Energy to acquire 80% of the Erebus floating wind project in the Celtic Sea.Total, which did not disclose the value of the deal…
Aberdeenshire-based offshore simulation and analysis company, AS Mosley, Dutch Fugro, together with Strathclyde University, have been awarded funding from The Carbon Trust, to develop new technology for monitoring Floating Offshore Wind Turbines (FOWT)…
The EFTA Surveillance Authority (ESA) has approved Norway’s state aid to the 88MW Hywind Tampen floating offshore wind project in the Norwegian North Sea.'Norway's initiative to reduce CO2 emissions by building a floating offshore wind farm consisting of 11 wind turbines…
RWE Renewables and Saitec Offshore Technologies will jointly start testing a floating platform for wind turbines off the Basque coast in 2021 as part of the project called 'DemoSATH,' aimed at reducing floating wind development cost.According to the joint statement…
Offshore cable installation specialist Global Offshore has received a contract for cable installation and burial at the Kincardine Floating Offshore Wind Farm for Spanish developer and construction company Grupo Cobra.Global offshore will use the cable installation vessel the Normand Clipper…
The provider of ship drydocking, repair and refit services in Greece Chalkis Shipyards S.A. has formed a collaboration with National Technical University of Athens (NTUA), the Hellenic Center for Marine Research (HCMR).The “WIndfloat.gr – Innovative…
Barcelona-based offshore wind industry startup X1 Wind has announced that its design of the PivotBuoy floating offshore wind system has been completed and is now ready for manufacturing at DEGIMA facilities in Santander.The PivotBuoy Project aims to validate the benefits of the “PivotBuoy” system…
Italian oil services group Saipem said on Wednesday it expected higher sales this year after it beat its 2019 targets and introduced a dividend for the first time in seven years.But it warned that concerns over the impact of the coronavirus…
UK (and Norwegian) taxpayers are largely footing Equinor’s wind-energy success by helping the offshore oil, gas and renewables player operate a healthy profit and hand out dividends, Norwegian news reports have been trumpeting of late.It was Stavanger Aftenblad…
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