"Offshore Wind" News

Equinor Taps Heerema for U.S. Offshore Wind Work

May 09, 2022

Norwegian energy company Equinor has on behalf of its U.S. offshore wind joint venture with BP,  selected Dutch offshore installation firm Heerema Marine Contractors as a strategic supplier to develop the Empire Wind and Beacon Wind projects…

Cadeler Orders $345M Offshore Wind Foundation Installation Vessel from COSCO

May 09, 2022

Danish offshore wind installation services provider Cadeler has officially ordered a $345 million offshore wind foundation installation vessel from China's COSCO Heavy Industries.Cadeler first announced the plan to order the F-class vessel last week…

Digital Twins, AI to Help North Star's SOV Fleet Boost Efficiency, Cut Emissions

May 09, 2022

MO4, a company providing digital twin solutions for offshore wind farm O&M and turbine and installation vessels, has won a 10-year contract with North Star, a company soon to have a fleet of service operations vessels (SOV) of offshore wind…

Sembcorp Marine Orders NOV Equipment for Maersk's Wind Turbine Installation Vessel

May 09, 2022

Singapore-based Sembcorp Marine has awarded NOV contracts to supply equipment for the wind turbine installation vessel (WTIV) it is building for Maersk Supply Service. This will be the first WTIV for both Semcorp Marine and Maersk Supply Service…

CTV Ordered for Vineyard Wind Project in the US

May 09, 2022

Offshore wind developer Vineyard Wind on Monday announced it has signed a contract to charter a crew transfer vessel (CTV) from Massachusetts-based marine transportation company Patriot Offshore Maritime Services.The 88.5-foot (27-meter) aluminum…

Offshore Wind: Agreement Opens Dutch Waters to Danish Vessels

May 09, 2022

A new agreement between Denmark and the Netherlands enhances the competitive situation for Danish ships operating within the offshore sector in the Netherlands.With the agreement, the authorities of the two countries mutually accept that high…

GIP to Buy wpd's Offshore Wind Business

May 06, 2022

Independent infrastructure investor Global Infrastructure Partners ('GIP') has agreed to acquire offshore wind farm developer wpd offshore from the German company wpd AG.wpd offshore has a track record of ~7 GW of offshore wind developed to date…

Irish Port Eyes Offshore Wind Opportunities. Taps Bechtel for Assistance

May 06, 2022

Shannon Foynes Port Company has selected Bechtel to update its Vision 2041 master plan to accommodate offshore and onshore investment within and near its harbor in Ireland. Bechtel will support the company in considering how to deliver significant growth and expansion of the port…

Marco Polo Marine Wraps Buy of Taiwan-based PKR Offshore

May 06, 2022

Singapore-listed offshore services provider Marco Polo Marine has completed the acquisition of the offshore renewables service firm PKR Offshore.Marco Polo bought the Taiwan-based company through its 49% owned joint venture company, Oceanic Crown Offshore Marine Services Ltd…

Cadeler Raises $91,25M for Newbuild Wind Turbine Foundation Installation Vessel

May 05, 2022

Danish offshore wind turbine and foundation installation firm Cadeler has raised EUR 86 million (around $91,25M) via a private placement, with the plan to use the cash to fund a part of the construction of a new 'hybrid' offshore wind farm foundation installation vessel…

Fred. Olsen 1848 Introduces 'Game-changing' Floating Wind Foundation Brunel

May 05, 2022

Fred. Olsen 1848, a Norwegian company developing technologies and solutions for the renewable energy industry, has launched a foundation for floating wind turbines, called Brunel, which, the company says, will be a game-changer that can unlock the potential of floating offshore wind…

GE, HSM Offshore Energy to Jointly Bid for Offshore Wind Substation Work

May 05, 2022

GE's Grid Solutions business, a global power industry systems provider, has signed a memorandum of understanding with offshore platform and modules builder HSM Offshore Energy to partner on offshore wind substations projects'This MoU can help…

Green Light for 30MW Floating Wind Farm Pilot in French Mediterranean

May 05, 2022

The EolMed consortium comprising Qair, TotalEnergies, and BW Ideol, has reached a final investment decision for its 30MW offshore floating wind development in France, BW Ideol said in a brief statement on Thursday.BW Ideol, a company making foundations for floating wind turbines…

Wind Turbine Makers Struggle to Find Pricing Power

May 05, 2022

Wind turbine makers racked up hefty losses last quarter, swelled by rocketing costs and cut-throat competition despite being more in demand than ever.The industry started seeing a steep decline in prices and increased competition back in 2017 as some governments moved away from generous…

U.S. Offshore Wind: RWE Renewables Names Head of Offshore Development (East)

May 05, 2022

Germany-based renewable energy company RWE Renewables has appointed Katie Theoharides as Head of Offshore Development (East) in its offshore wind team in the U.S.Theoharides comes to RWE from her position as Secretary of Energy and Environmental…

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