Norway's Equinor has agreed to sell a 25% stake in Germany's Arkona offshore wind farm for around 500 million euros ($547.85 million), almost doubling the value of its investment, the company said on Thursday.The buyers are funds advised by Credit Suisse Energy Infrastructure Partners…
Danish offshore wind engineering and consulting company Head Energy Group has established Head Energy Germany GmbH in Hamburg as part of the expansion of its offshore wind business.Head Energy Germany GmbH will be administrated by Head Energy’s offshore wind experts in Esbjerg…
Mayflower Wind has submitted bids to the Connecticut Department of Energy and Environmental Protection in response to Connecticut's Request for Proposals.Mayflower is a joint venture of Shell New Energies US LLC and EDPR Offshore North America LLC…
Foss Maritime LLC and Østensjø Rederi AS have signed a Memorandum of Understanding to establish a partnership to provide domestic service operation vessels (SOV) to owners and operators of offshore wind projects in US waters.Paul Gallagher, Vice President at Foss Maritime said…
Ten banks and the province of Fryslân are jointly financing the 382.7MW Windpark Fryslân, which is being built in the Dutch IJsselmeer, south of the Afsluitdijk, six kilometers off the Frisian coast.The near shore windpark is being built by Zuiderzeewind…
Subsea 7 said it has secured a contract for the installation of the submarine cable system on an offshore wind farm project in Taiwan.The award is worth between $50 million and $150 million, Subsea 7 said.Project engineering will commence immediately at Seaway 7’s offices in Leer…
Norway's Martin Linge offshore oil and gas project will cost $865 million more than previously expected and take an extra half year to come on line, the government and operator Equinor announced on Monday.The government has also raised its estimate…
The US Department of the Interior's Bureau of Ocean Energy Management (BOEM) plans to offer about 78 million acres in a region-wide Gulf of Mexico lease sale scheduled for March 2020.Lease Sale 254, which would include all unleased areas in…
Martin Wiese has been appointed to lead the protective and industrial business areas for worldwide coatings manufacturer Hempel. These two business segments, which deliver around half of Hempel’s total turnover, cover oil and gas, wind power…
Italian oil and gas giant to collaborate with global wind and solar developer Mainstream Renewable Power (MRP) for an offshore wind campaign that will begin in the UK.The Eni partnership will focus on clean energy projects in the UK, as well as Africa and Southeast Asia…
Germany's 50Hertz Transmission GmbH and Parkwind, the Arcadis Ost 1 Belgian offshore developer, have successfully reached the next level of collaboration.The Transmission System Operator (TSO) for connecting the offshore wind farms in the German Baltic Sea said: 'Already at a very early stage…
The European Commission has approved the acquisition of Ocean Breeze Energy GmbH & Co. KG by Sage Holdings, ultimately indirectly controlled by Macquarie Group Limited.Ocean Breeze Energy is the owner of North Sea wind farm BARD Offshore 1, from Unicredit…
Keel laying has been completed for Norway-based Offshore Heavy Transport (OHT)'s new crane vessel Alfa Lift currently under construction at China Merchants Heavy Industry (CMHI) yard in Jiangsu.'The new heavy installation crane vessel has reached…
Tekmar Group, a provider of subsea protection systems technologies, said it has signed a sale and purchase agreement for the acquisition of subsea concrete mattresses provider Pipeshield International from its founder Steven Howlett. The deal…
German construction and machinery manufacturing firm Bauer Spezialtiefbau has tested onshore piles at the Saint-Brieuc offshore wind project in France to gather data for the design of foundations.The engineering outfit designed, installed and…