"Offshore Wind" News

Siemens Gamesa, GRI Renewables Invest in NE England Offshore Wind Production

Aug 09, 2021

Siemens Gamesa and GRI Renewables Industries will invest more than $360 million into offshore wind manufacturing facilities in northeast England.Siemens Gamesa will invest a total of $258m to expand its blade manufacturing site located near…

'World Largest' Offshore Converter Station Debuts in China

Aug 09, 2021

The installation on what is reported to be the world’s largest offshore converter station is being hailed by China Classification Society (CCS) as ‘a significant milestone’ in the development of deep-water wind power. CCS provided authentication…

Shipbuilding: International WTIV Market Represents a $14B Opportunity

Aug 09, 2021

As of end-June 2021, more than 100 turbine and foundation installation and maintenance vessels will be required for offshore wind projects planned over this decade.More than 100 turbine and foundation installation and maintenance vessels will…

VARD Inks $118m Deal for Pair of CSOVs

Aug 06, 2021

Rem Offshore and VARD signed contracts for the design and construction of construction service operations vessels (CSOV).Two CSOVs with an option for two additional vessels were ordered by Rem Offshore with VARD. Two firm contracts for the firm…

SBM Offshore Eyes Offshore Wind Project Opportunities

Aug 05, 2021

Oil and gas services company SBM Offshore on Thursday reported a better than expected decline in core profit for the first half of 2021 as it looks to develop floating offshore wind projects.After reducing spending sharply in the face of a pandemic-induced demand collapse…

Eneti to Acquire Seajacks

Aug 05, 2021

Offshore wind services company Eneti announced on Thursday it has entered into an agreement to acquire rival Seajacks, creating one of the world's largest, most capable fleets of wind turbine installation vessels (WTIV).Eneti said its deal with sellers Marubeni Corporation…

Siemens Energy CEO Buch Calls Wind Division Problems 'Extremely Annoying'

Aug 04, 2021

Siemens Energy cranked up the pressure on wind turbine division Siemens Gamesa on Wednesday, saying it was 'extremely annoying' that it was having to reduce its profit outlook as a result of the Spanish-listed unit.The comments from CEO Christian…

X1 Wind Expands Leadership Team

Aug 03, 2021

Floating offshore wind company X1 Wind announced a series of new appointments aiming to help accelerate full-scale commercial operations. New additions to the team include Strategy and Business Development Director João Neves, Mechanical Engineer Javier G…

BV Classes World-First Hybrid-powered Surface Effect Ship

Aug 02, 2021

Bureau Veritas (BV) classed the world’s first hybrid-powered Surface Effect Ship (SES), the CWind Pioneer, which features an air cushion, twin hulls and an innovative diesel and electric drivetrain with considerable battery storage onboard.With a capacity of 24 passengers…

Subsea 7 Takes Majority Stake in Floating Wind Tech Player

Aug 02, 2021

Offshore services firm Subsea 7 on Monday revealed has reached a deal to acquire a majority interest in the equity of Nautilus Floating Solutions S.L., a Bilbao, Spain-based developer of technology for the floating wind market.Nautilus has developed…

Offshore Wind Turbine Maker Siemens Gamesa Posts Quarterly Loss

Jul 30, 2021

Wind turbine maker Siemens Gamesa posted a loss for the three months to June on Friday and confirmed a warning it made earlier this month that its profit margin could be negative over the full year.The world's biggest maker of the huge offshore generators…

PHOTO: Offshore Wind Blade for MingYang's 11MW Turbine Rolls of Production Line

Jul 30, 2021

China's MingYang is making progress will its MySE 11MW-203 offshore wind turbine development.The company said Friday via social media that its MySE 11-99A1 blade for the 11MW turbine had rolled off the production line at the Guangdong Shanwei offshore blade production facility on Thursday…

Siemens Gamesa Hikes Wind Turbine Prices as Raw Materials Become More Expensive

Jul 30, 2021

Wind turbine maker Siemens Gamesa is charging higher prices, combing over contracts, and hedging harder against rising raw materials costs to try to heave its business back to profit, executives said on Friday.The world's biggest maker of the…

Partners Sell Beatrice Offshore Wind Farm's Transmission Assets

Jul 30, 2021

The consortium owning the Beatrice Offshore wind farm off the coast of Scotland, has signed an agreement to sell the 588MW wind farm's Offshore Transmission Assets (OFTO) to Transmission Capital Partners.The buyer is a consortium comprising International Public Partnerships Limited…

Mainstream Renewable Power, Siemens Bid in Scotland's Offshore Wind Leasing Round

Jul 30, 2021

Renewable energy developer Mainstream Renewable Power and Siemens Financial Services said on Friday they jointly bid to build offshore wind capacity in the ScotWind leasing round.The companies did not disclose how much capacity they intend to build if their bid is successful…

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Suriname's GranMorgu FPSO Proj

Gulf Marine Services Expands Brazil Presence with New Jack-Up Charter

Gulf Marine Services Expands B

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