Seatrium has been awarded a contract by Japan-based Penta-Ocean Construction (POC) to carry out the engineering, procurement and construction for a 5,000-ton fully revolving heavy lift vessel project for the Japanese offshore wind market.This…
Brazilian state-run oil giant Petrobras reported on Monday a 10.5% decrease in its total fourth-quarter oil and gas production from a year earlier, while also experiencing lower sales and exports.Petrobras, Latin America's largest oil producer…
Norway's Equinor is reducing its ambitions for developing renewable energy capacity by 2030, it said on Wednesday, the latest move by a European energy company to cut green targets as the market for renewables sours.Equinor follows peers BP and Shell…
Terna Energy, a subsidiary of Masdar Group, has teamed up with Motor Oil for the development of first offshore wind farm in Greece.The procedures for the participation of the Motor Oil Group, through its subsidiary Motor Oil Renewable Energy (MORE)…
British finance minister Rachel Reeves said on Wednesday the government will remove barriers to delivering 16 gigawatts of offshore wind.'I can announce that we are removing barriers to deliver 16 gigawatts of offshore wind by designating new…
Tidal Transit has signed a memorandum of understanding (MoU) with two Asian firms to develop, fund, build and operate offshore support vessels for the South Korean offshore wind industry.The U.K. supplier of purpose-design crew transfer vessels…
Huisman has been awarded a contract from Penta-Ocean Construction to deliver a 5,000 mt Tub Mounted Crane along with a monopile handling system, including a motion compensated pile gripper, for a new heavy lift vessel designed for Japanese offshore wind market…
The Japanese government on Wednesday announced a revision of its rules for offshore wind power auctions as the sector globally grapples with delays and soaring expenses driven by tight supply chains and inflation.After a number of consultations…
Copenhagen Infrastructure Partners (CIP) and Vena Energy have secured an offtake contract in the 2024 Wind Power Fixed-Price Contract Auction arranged by the Korea Energy Agency (KEA) for their joint offshore wind project Taean Wind Power.The Taean Wind Power project…
Corvus Energy will deliver a mega-size battery system for the first fully electric offshore vessel ever to be built. The vessel is an electric Commissioning Service Operation Vessel (eCSOV) that will be constructed by Armon shipyard in Spain for UK-based shipowner Bibby Marine Ltd…
U.S. President Donald Trump in his first day of office on Monday suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.Former President Joe Biden supported the offshore wind industry…
The Engineering Construction Industry Training Board (ECITB) workforce report has highlighted hiring challenges for offshore oil and gas employers in the U.K, as the average age in the offshore engineering construction industry (ECI) starts falling behind wider industry…
President Donald Trump suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.'We're not going to do the wind thing. Big, ugly wind mills. They ruin your neighborhood…
The Offshore Marine Service Association (OMSA) views President Trump’s Presidential Memorandum to pause offshore wind development projects as a critical opportunity to reassess the industry’s direction.While offshore wind offers tremendous potential for economic growth and job creation in the U…
Offshore services firm Tekmar Group has secured a contract to supply its cable protection system for U.K. offshore wind farm, worth around $6.2 million.The contract is for the design and supply of Tekmar's flagship Generation 10 cable protection system (CPS) and associated ancillaries…
Subscribe
