Siemens Energy saw $6.3 billion wiped off its market capitalization on Friday after warning that the impact of quality problems at its Siemens Gamesa wind turbine business would be felt for years.The group scrapped its 2023 profit outlook late…
Renexia, a Toto Group company active in the renewable-energy sector, signed an agreement with Seas Geosciences, part of Sealaska’s Woocheen ocean-health group of businesses, to study the most environmentally sustainable mooring and anchoring solutions for the turbines at Med Wind…
Siemens Energy, which supplies equipment and services to the power sector, scrapped its profit forecast for 2023, citing deeper than expected problems at its wind turbine division that could cost the group more than 1 billion euros ($1.1 billion)…
South Fork Wind, New York's first offshore wind farm, has achieved first 'steel in the water' with the installation of the project's first monopile foundation.In the coming days, South Fork Wind will install the project's U.S.-built offshore substation…
After his first year on the job, Bureau of Safety and Environmental Enforcement (BSEE) Director Kevin Sligh Sr. discusses with Offshore Engineer the myriad challenges and opportunities ahead for offshore energy development in the U.S. While…
With the cable-laying vessel Isaac Newton, the work vessel Adhémar de Saint-Venant and a remote-controlled cable burial vehicle, the contractor combination Jan de Nul Group/LS Cable & System has completed the installation of the second subsea cable for the offshore wind farm 'west Alpha' completed…
ABB has introduced a new Operational Planner module for its ABB Ability OCTOPUS – Marine Advisory System to help offshore fleet managers plan and optimize the maintenance of offshore wind farm operations.For support vessels moving between turbines or rigs during a single shift…
The first electricity has been produced from the large Hollandse Kust Noord offshore wind farm, companies running the project said on Monday.In a statement, the CrossWind consortium led by Shell and Mitsubishi subsidiary Eneco said it had delivered…
Offshore wind turbine and foundation installation companies Cadeler and Eneti announced they have agreed to merge through a stock-for-stock exchange.The combined company will be named Cadeler, headquartered in Copenhagen, Denmark, with its shares…
Offshore wind energy services business Venterra Group announced it has appointed Philippe Kavafyan as Chief Executive Officer. He joins the group in mid-September and, following a short transition, becomes Chief Executive Officer with effect from October 16…
France-based LD Tide has ordered a new crew transfer vessel (CTV) from Singaporean aluminum boat builder Strategic Marine.The newbuild will by a hybrid-ready StratCat 27 (SC27) designed by BMT.LD Tide, joint venture between top French shipping…
Japan's Mitsui O.S.K. Line has concluded a time charter contract with Shimizu Corporation for two crew transfer vessels (CTV) for an offshore wind farm at Ishikari Bay New Port. 'This marks the MOL Group’s first entry into the CTV business. In addition…
Italian energy group Eni has intensified talks with several investors over a potential sale of a minority stake in its renewables and retail business Plenitude, three sources with knowledge of the matter said on Wednesday.Two of the sources…
As a child, Nandha Kishore S.R. was fascinated by the wind turbine installed at a wind energy institute near his home in southern India and dreamt of one day operating such equipment.Years later, the engineering graduate trained at the same institute in Chennai and started working in the sector…
Offshore installation services company Jan De Nul Group has awarded Dutch marine equipment maker Huisman a contract for the delivery of a3,500mt Monopile Spreader Bar for its flagship vessels Les Alizes and Voltaire.According to Huisman, the…
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