Danish renewable energy company Ørsted’s operating profit in the first half of 2019 (H1) is $1.3 billion (DKK8.8bn), mostly from offshore wind.'Earnings from our offshore wind farms in operation increased by 18%, driven by ramp-up of generation from new wind farms in operation…
The New York State Energy Research and Development Authority (NYSERDA) has selected five multiyear projects that will further study environmental and commercial fishing topics in support of responsibly developing offshore wind.The projects totaling more than $2 million advance Governor Andrew M…
Heerema Marine Contractors said it has won another contract to support offshore wind project development in Taiwan, this time in the middle of the country.The Greater Changhua offshore wind projects consist of four sites in the Taiwan Strait…
At the end of last week, Vroon subsea-support walk-to-work unit VOS Start arrived in IJmuiden after almost two years engaged in operations for offshore renewables client MHI Vestas Offshore Wind (MVOW).The Netherlands-flagged vessel commenced duties for MVOW in August 2017…
The provider of specialized services for the offshore industry, Jan De Nul Group said that its cable laying vessel Willem de Vlamingh has completed installation of the three export cables at the 120MW Formosa 1 phase two offshore wind farm in Taiwan…
Academics from Manchester Metropolitan University (MMU) have won a grant to develop computer models to test the best methods to stabilize and control the motions of the turbine and its semi-submerged support structure.Wave simulation specialists…
The U.S. Bureau of Ocean Energy Management (BOEM) as approved Equinor and Shell’s transaction announced in May 2019, whereby Equinor exercised its preferential right to acquire 22.45% interest in the Caesar Tonga oil field from Shell Offshore Inc for a total consideration of $965 million in cash…
Two providers of subsea and well intervention solutions, China based offshore and subsea solutions company COOEC Offshore and oilfield services company Expro, have formed an alliance agreement to expand capabilities and resources.COOEC Offshore…
Tekmar Energy, a provider of protection systems for subsea cable, umbilical and flexible pipes and offshore engineering services, has signed a contract with the world’s largest offshore wind developer Ørsted, to provide Cable Protection Systems for Hornsea Two offshore wind farm…
In a bid to maintain production rates but with less outlay, operators have been looking closer to home. Reducing costs and increasing efficiency have been high on the agenda. Should well intervention be higher?Well intervention, which can help increase production or restore shut-in wells…
Suriname's state-owned oil company is planning a bond sale next year to finance offshore oil exploration, its chief executive said on Thursday, as it seeks to capitalize on growing hype over neighboring Guyana's looming oil boom.The company…
The international accredited registrar and classification society DNV GL calls on industry stakeholders to jointly develop acceptance criteria for LIDAR-measured Turbulence Intensity (TI).The world’s largest resource of independent energy experts…
First Subsea said it will provide platform mooring connectors to the world’s largest floating offshore wind farm.The company, part of the First Tech Group based in Aberdeen, has confirmed its secured the contract with Spanish developer and construction…
Europe added 1.9 GW of new offshore wind was installed in the first half of 2019, up from the 1.1 GW added in the same period in 2018, according to figures released by WindEurope.The UK (931 MW), Denmark (374 MW), Belgium (370 MW) and Germany (252 MW) accounted for these installations…
MV Elektron, a cable laying vessel available for use in the offshore wind industry, has arrived for demobilization at the port of Delfzijl under agency of Royal Wagenborg.Netherlands-based Royal Wagenborg said in a press release that the demobilization…
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