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…
Seatools, a subsea technology company, has secured a contract by CSBC-DEME Wind Engineering (CDWE) for the design, engineering, and delivery of the metrology and control system for the Pre-Piling Template (PPT) at the Fengmiao 1 Offshore Wind Farm in Taiwan…
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…
Fugro has secured contract to perform comprehensive geotechnical surveys for the eastern array of the Dogger Bank South (DBS) offshore wind farms, a major initiative led by RWE and Masdar to develop one of the U.K.'s most powerful offshore wind energy projects…
King Charles III's Crown Estate, which owns Britain's seabed, has given the go-ahead to expand high-density wind farms on current seabed leases, seeking a rapid and space-efficient way to raise capacity and support the country's energy transition…
With targets to deliver 50GW of offshore wind by 2030, and growing momentum in tidal, wave and floating solar, the UK’s Clean Power 2030 Action Plan sets out a bold vision. But this transition is far from straightforward. The industry is facing…
Ocean services provider DeepOcean has acquired Shelf Subsea, creating a ‘global subsea services player’ with an extensive portfolio of solutions, now also covering the Asia-Pacific and Middle East regions.DeepOcean has acquired 100% of the shares in Shelf Subsea…
Norwegian seismic firm TGS has started detailed seabed geophysical surveys for the eastern array of the proposed Dogger Bank South offshore wind farms for RWE and Abu Dhabi Future Energy Company - Masdar.The site investigations will enhance…
InterMoor, a provider of mooring services and a brand in Acteon’s Moorings and Anchors Business Line, announced the successful completion of multiple study packages for the planning, installation, operations, and maintenance of a commercial-scale floating windfarm in the United Kingdom…
Shell and Google have signed a power purchase agreement (PPA) for the electricity produced at 108 MW NoordzeeWind project, extending the lifespan of Netherland’s first offshore wind farm.The agreement will extend the lifespan of the NoordzeWind…
A coalition of Democratic state attorneys general sued on Monday in a bid to block President Donald Trump's move to suspend leasing and permitting of new wind projects, saying it threatens to cripple the wind industry and a key source of clean energy…
Britain has more than doubled funding available under a scheme seeking to spur investment in offshore wind projects to 544 million pounds ($721.78 million), after higher than expected demand, the government said on Friday.The country has put…
While the U.S. Offshore Wind market – and really most renewable energies – have been in the legislative crosshairs since January 20, 2025 and the emergence of Trump 2.0, there remain opportunities and pockets of hope. Phil Lewis, Director of Research…
Dutch offshore installation firm Van Oord has started scour protection works at RWE Nordseecluster offshore wind farm, kicking off the offshore construction for the first phase of the 1.6GW project.The scour protection provides full protection…
ABS has awarded approval in principle to Seatrium Marine & Deepwater Technology for its new design of a floating wind semi-submersible floating column foundation for 15MW wind turbines.Seatrium highlights that the design is optimized for efficient…
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