Covington, La. based marine engineering firm Baker Marine Solutions has unveiled a new service operation vessel (SOV) design for the U.S. offshore wind industry.The new 275-foot (LOA) BMS 1776 is designed be built in the U.S. to ABS class standards and is fully certified to operate in U…
Massachusetts utility regulators denied offshore wind power company Commonwealth Wind's motion to suspend its power purchase agreement with state electric utilities, raising questions about the future of Commonwealth's proposed offshore wind project…
Dutch offshore installation company Heerema Marine Contractors has recently tested C1 Connections' C1 Wedge Connection offshore.The C1 Wedge Connection is said to be a high-capacity connection that can be installed faster and safer than conventional bolted flange connections…
Norwegian oil and gas major Equinor on Monday said it was interested in developing a 'gigawatt scale' floating offshore wind project off the coast of Britain in the Celtic Sea in connection with an upcoming seabed leasing round. The project…
Sandbrook Capital has acquired a majority stake in the the Norwegian offshore installation services company Havfram and has committed $250 million to fund the company's future growth.The new capital will be used to build a fleet of vessels for…
Floating wind developer BlueFloat Energy has selected K2 Management as owner's engineer for the development of its first offshore floating wind project in Taiwan ahead of the upcoming round three market auction.With a planned capacity of 1 GW…
October saw the first offshore construction activity for a commercial scale U.S. offshore wind farm. Two cable layers have commenced the laying of Vineyard Wind’s export cable. This important milestone was also accompanied by complaints around…
Singapore-based Sembcorp Marine said Friday its subsidiary Sembmarine SLP had won a Planned Preventative Maintenance (PPM) contract with the Danish offshore wind developer Ørsted for the Hornsea 2 offshore wind farm, one of the world’s largest…
Energy industry expert and assurance provider DNV has completed Lenders’ Technical Due Diligence on Ørsted’s Hornsea 2 project, the world’s largest offshore wind farm in operation.DNV performed an independent energy yield assessment and carried…
Specialty chemicals company Evonik has signed a long-term power purchase agreement (PPA) for wind energy with the energy supplier EnBW. The PPA provides Evonik with 100 megawatts (MW) of electricity per year from the new 900-MW He Dreiht wind farm in the German North Sea…
A consortium created in 2021 wants to build an offshore wind farm 22 kilometers off the coast of South Taranaki, New Zealand.The consortium, comprising BlueFloat Energy, Energy Estate and Elemental Group, says this is the first of its four offshore…
COPENHAGEN, Nov 3 (Reuters) - Danish energy firm Ørsted on Thursday lifted its profit outlook for the year on the back of high power prices, while third-quarter core earnings slightly lagged expectations on the back of soft performance in its key offshore unit…
Italian subsea cable firm Prysmian Group said Thursday it has added a new vessel - Barbarossa I - to its fleet.'After the debut of the state-of-the-art 170-meter Leonardo da Vinci [vessel] in August 2021, Prysmian Group’s fleet would seem to be complete…
Cable installation has kicked off at Vineyard Wind, the U.S. first commercial scale offshore wind farm, at a site located 15 miles south of Martha’s Vineyard. Vineyard Wind, the company developing the namesake wind farm, also announced that…
Danish wind turbine maker Vestas reported on Wednesday a wider-than-expected operating loss for the third quarter, cutting its full-year outlook due to continued cost inflation and supply chain instability.Vestas cut its 2022 profit margin outlook to minus 5% from previously between minus 5% and 0%…
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