UK energy regulator Ofgem on Tuesday approved five new undersea energy links which it said would further harness the vast potential of North Sea wind and help to power millions of homes.The approved projects include the Tarchon Energy Interconnector with a capacity of 1…
Current efforts by BP to scale back its renewables activities have no impact on an offshore wind joint venture the oil major has with EnBW, the German utility's finance chief told analysts on Tuesday.Both companies formed a 50:50 partnership…
Vårgrønn, a joint venture between Eni’s Plenitude and HitecVision, has entered into an agreement to acquire a 27.4% stake in the operational Baltic 2 offshore wind farm in Germany from PGGM Infrastructure Fund.Following the closing of the deal…
BlueFloat Energy’s Gippsland Dawn offshore wind project has been granted Major Project Status (MPS) by the Australian Government, one of 16 diverse projects nationwide to receive this recognition and only the second offshore wind projects being developed to hold this status…
Measurement instruments and intelligence services company Vaisala has acquired UK-based software, weather monitoring systems and services company Nevis Technology, expanding its offer to offshore wind industry.The acquisition enables Vaisala…
The Offshore Renewable Energy (ORE) Catapult has published a report that lays out a new approach to environmental monitoring and consenting within the UK offshore wind sector.With the UK Government looking to radically increasing offshore wind deployment…
Donald Trump's return to the White House will refocus the nation's energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday's presidential elections is unlikely to dramatically slow the U…
The Swedish government said on Monday it had rejected applications to build 13 offshore wind farms in the Baltic Sea due to defense concerns, while it had given the go ahead to one on the country's west coast.Defense Minister Pal Jonson told…
U.S. oil producers Exxon Mobil and Chevron posted better-than-expected third-quarter profits on Friday, outperforming their European rivals, as record U.S. oil production cushioned the blow from a plunge in fuel margins.The two focused on expanding…
Ocean data technology specialist Terradepth has launched a cloud-native geospatial platform for its offshore energy clients, dubbed Absolute Ocean.Purpose-built to host complex maritime data, Absolute Ocean provides web-browser based access to ocean maps…
UK-based offshore vessel owner North Star has secured its first contract for a commissioning service operation vessel (CSOV) from EnBW, which will be deployed at 960 MW He Dreiht offshore wind farm in Germany.This award for the newbuild Grampian Kestrel CSOV of VARD 4 22 design…
Deep Wind Offshore has applied for area lease for one floating and one bottom-fixed offshore wind project on the Chilean coastline.The offshore wind projects will be managed and operated locally. The goal is to create local jobs, engage local suppliers…
At a recent seminar in London organized by the International Underwriting Association of London (IUA) and the Association of Average Adjusters (AAA), participants heard how ignoring or not fully understanding the concept of General Average (GA)…
Dominion Energy has installed 78 monopile and four offshore substation foundations for as part of the first offshore construction campaign for the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project.CVOW, the largest offshore wind project under construction in the United States…
Seaway7, part of the Subsea7 Group, has secured a ‘substantial’ contract from ScottishPower Renewables for the transport and installation of the inter-array cables of the East Anglia TWO offshore wind project.Seaway7’s scope of work for East Anglia TWO includes the engineering…
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