Dutch pension investor APG and UK-based The Renewables Infrastructure Group (TRIG) have agreed to acquire the Merkur offshore windfarm.TRIG will acquire a stake of around 36% in the 396-MW Merkur farm in the German North Sea, while APG has agreed to buy the remaining 64%…
Global leader in offshore wind Ørsted A/S has signed an agreement to divest its liquefied natural gas (LNG) business to the leading global natural resources company Glencore.According to the Denmark's largest energy company, Ørsted entered into…
Polymer materials supplier Covestro has signed a 10-year corporate power purchase agreement with Ørsted to buy the output of 100MW from the planned Borkum Riffgrund 3 offshore wind farm, expected to be fully commissioned in 2025, subject to Ørsted's final investment decision (FID)…
U.S. offshore wind farm support company Atlantic Wind Transfers (AWT) has signed a multi-million-dollar, market-first order for two state-of the-art Chartwell 24 Crew Transfer Vessels (CTVs), developed by Chartwell Marine.The vessels, to be deployed in support of new wind farms off the East Coast…
Denmark's offshore wind giant Ørsted A/S has unveiled more than £50k for Science, Technology, Engineering and Maths (STEM) skills across Lancashire and Cumbria.The renewable energy developer says the wave of new finance will be sourced from the Walney Extension Skills Fund…
SBM Offshore announced on Wednesday that it has firmed up contracts with Brazil’s Petróleo Brasileiro S.A. (Petrobras) for the 22.5-years lease and operation of a floating production, storage and offloading unit (FPSO) to be deployed at the Mero field in the Santos Basin offshore Brazil…
SeaPlanner has been selected to support the operations and maintenance phase of the Formosa 1 offshore wind farm in Taiwan.The SeaRoc Group’s marine management system unit said that under the 10-year contract, SeaPlanner will be deployed by…
Dutch engineering company Royal Boskalis Westminster has been awarded two offshore contracts with a combined value of approximately EUR 85 million.For a new offshore windfarm in Taiwan, Boskalis will carry out the scour protection of the turbine…
The years-old trend that has seen offshore suppliers vie for work in wind by leveraging their offshore oil and gas credentials and development finance is being countered these days by wind players in search of oil and gas jobs, judging by some recent fleet owner moves…
Danish wind farm developer Orsted aims to invest in pilot projects that will use wind power and other renewable energy sources to make hydrogen fuel, its chief executive said.Henrik Poulsen told Danish business daily Boersen that 'green hydrogen'…
Classification society ABS said it has granted the first Approval in Principle (AIP) to VARD for its design of a Jones Act service operations vessel (SOV).The AIP addresses a customized version of VARD 4 07 US SOV design, with primary functions including accommodation…
Ocean data company XOCEAN announced on Wednesday that it has completed the acquisition of autonomous hydrographic survey company 4D Ocean.The announcement follows the news of XOCEAN’s successful €7.9 million funding round earlier this month…
Subsea UK announced a new board of senior subsea leaders with a mix of expertise and knowledge across all sectors of the industry.The new board members are Dorothy Burke, Managing Director at Ecosse IP, Suzy Davies, VP HSSE Greenfield Projects at Aker Solutions…
Swiss multinational equipment manufacturer Liebherr Group said that its cranes erected the prototype of what is currently the most powerful offshore wind turbine in the world in the Dutch port of Rotterdam.The gondola of the wind turbine, which measures an overall 207 meters in height…
Italian offshore services company Saipem said it has secured two new contracts for work related to offshore wind development projects in Scotland and Taiwan.The two contracts, worth approximately €750 million ($826.4 million) combined, represents…
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