Polish shipbuilder CRIST S.A. has held a keel-laying ceremony for an offshore support vessel (OSV), being built for Norwegian vessel owner DOF.The vessel, provisionally named SeaDragon (NB 110), will 109.7 meters long and 22 meters wide, with the capacity to accommodate 164 people…
Borr Drilling reported a total operating revenue of $216.6 million for the first quarter, a decrease of $46.5 million compared to the fourth quarter of 2024.The net loss of $16.9 million was a decrease of $43.2 million compared to the net income in the fourth quarter of 2024…
Purus’ new commissioning service operation vessel (CSOV), built by Vard, has completed sea trials and will soon embark on its maiden offshore wind job for Vestas.The owner and and operator of service operation vessel Purus has informed its first of the two CSOV vessel…
Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure V (CI V), has entered into an agreement to divest a 10% stake in the 495MW Fengmiao I offshore wind farm in Taiwan to Mitsui O.S.K. Lines (MOL).The transaction…
The first wind turbine for 960 MW He Dreiht offshore wind farm, Germany’s largest offshore wind farm currently under construction, has been installed in the North Sea.He Dreiht is being built roughly 85 kilometers northwest of Borkum and about 110 kilometers west of Helgoland…
Brazil's Petrobras on Monday posted a net profit of 35.2 billion reais ($6.21 billion) for the first quarter, up 48.6% from a year earlier, boosted by non-recurring events, while also announcing about $2.1billion in dividends.Without one-off events…
VIKING Life-Saving Equipment has launched the first Crew Transfer Vessel (CTV) immersion suit in the world designed for women working in offshore wind energy, using guidance on diversity and inclusivity from industry leaders Ørsted, Siemens and Vestas…
North Star has officially named its first commissioning service operation vessel (CSOV), the Grampian Kestrel.The vessel was named at a ceremony at VARD’s shipyard in Vard Langsten in Norway on May 6.The Grampian Kestrel is the first of two CSOVs to be delivered this year…
Copenhagen Infrastructure Partners (CIP), through its flagship fund CI V, has entered a power purchase agreement with Google for the Fengmiao I offshore wind farm in Taiwan.The agreement is the second PPA between Google and CIP on offshore wind…
Northern Offshore Services (N-O-S) has taken delivery of the world’s first 100% biomethanol-powered crew transfer vessel (CTV), chartered by Vestas.M/V Transporter, designed, developed and provided by N-O-S, is a conversion from A-Class to T-class…
Danish turbine maker Vestas has secured a firm order for 68 of its 15 MW-rated offshore wind turbines for Vattenfall’s Nordlicht 1 offshore wind project.The agreement is for the supply, installation, and commissioning of the turbines V236-15…
Shell on Friday reported a 28% drop in first-quarter net profit to $5.58 billion, beating analyst expectations, and kept the pace of its share buyback programme steady amid falling oil prices and lower refining margins than last year.It said it would buy back $3…
Jan De Nul has kicked off the installation campaign of the monopile foundations for RWE’s Thor offshore wind farm, completing the installation of the first of 72 monopiles with its heavy-lift vessel Les Alizés.When finished, Denmark’s largest…
The Dutch government said on Friday it would commit 639 million euros ($726 million) to the construction of the country's largest carbon capture and storage project, after TotalEnergies and Shell withdrew part of their planned investments.The…
EEW Special Pipe Constructions (EEW SPC) has delivered first monopiles for Thor project, Denmark’s largest offshore wind farm, being developed by RWE.In March 2025, the first of 12 shipments for the Thor project was completed at the port of Rostock…