Offshore Wind News


S&P Downgrades Orsted on U.S. Offshore Risks

Feb 07, 2024

S&P downgraded Danish wind power giant Orsted to BBB on Wednesday, citing higher leverage on its balance sheet and major U.S. impairments in 2023 due to supply chain delays and higher costs.S&P said Orsted's business risk profile has weakened from last year…

Orsted Cuts Investment, Capacity Targets After Review

Feb 07, 2024

Orsted, the world's biggest offshore wind farm developer, trimmed its investment and capacity targets on Wednesday and paused dividend payouts as part of a major review.The Danish company has battled to restore investor confidence after halting the development of two U…

BMT Unveils 48-meter SOV Design

Feb 06, 2024

Naval architecture and marine engineering firm BMT unveiled its new design for a 48-meter service operation vessel (SOV).BMT said the mid-sized vessel sits in between crew transfer vessels (CTV) and typical SOVs, providing a more cost-effective…

Wind Power Outpaces Gas Plants in Europe

Feb 06, 2024

Wind power production outpaced gas plants in Europe for the first time last year as fossil fuel electricity generation plummeted, cutting the region's carbon emissions, data from think-tank Ember showed.Europe is ramping up its renewable electricity…

Fugro Gets Dutch Offshore Wind Zone Survey Job

Feb 06, 2024

Dutch company Fugro has secured the geophysical survey contract for the development of the Doordewind offshore wind farm zone in the Netherlands.The Doordewind project, led by the Netherlands Enterprise Agency (RVO), is part of the Dutch Government’s Offshore Wind Energy Roadmap 2030…

Eidesvik Extends Contract with DEME for Viking Neptun CSV

Feb 06, 2024

Eidesvik Offshore, a Norwegian offshore vessel owner, has signed a ship management contract extension with DEME for construction support vessel (CSV) Viking Neptun.The three-year extension also includes a two-year option for further extension…

Gazelle Prepares for a Floating Wind Future

Feb 05, 2024

As offshore wind power spreads globally, it’s widely acknowledged that the maturation of floating wind power platforms will exponentially increase the availability of resources, as a majority of the wind power lies outside the installation zone of fixed systems…

Developers Submit Scoping Report for 1GW Scotwind Floating Wind Farm

Feb 05, 2024

Thistle Wind Partners (TWP), a consortium involving DEME, Qair and Aspiravi, has submitted the onshore scoping report for its Ayre Offshore Wind Farm to The Highland Council.TWP’s Ayre project, located to the east of Orkney, will be a 1 GW floating wind farm…

New York City Approves Empire Wind O&M Hub Design

Feb 05, 2024

The New York City Public Design Commission (PDC) has approved Equinor’s design for the offshore wind operations and maintenance building to be constructed at the South Brooklyn Marine Terminal (SBMT).The approval from the PDC allows for advancement…

IWS to Provide CSOV Fleet for Siemens Gamesa Offshore Wind Projects

Feb 02, 2024

Integrated Wind Solutions (IWS) has, through its wholly-owned subsidiary IWS Fleet, entered into a frame term agreement with Siemens Gamesa to provide its commissioning service operation vessel (CSOV) fleet for offshore wind farms in North Europe…

Milestones for Bernhard Schulte Offshore CSOVs

Feb 01, 2024

Two commissioning service operation vessels (CSOV) under construction for Germany-based Bernhard Schulte Offshore have reached milestones. The steel cutting and keel laying ceremonies for yno 321 and 320, respectively, were arranged at the Crist hull yard…

Google Signs PPAs for 478MW of Offshore Wind Power

Feb 01, 2024

Google has signed power purchase agreements (PPAs) with Shell and with Eneco, owners of the Crosswind and Ecowende joint ventures, for 478 MW of carbon-free energy from two Dutch offshore wind farms - Hollandse Kust Noord and Hollandse Kust (west) lot VI…

Huisman to Design and Build Offshore Wind Monopile Gripper for Cadeler

Feb 01, 2024

Dutch manufacturer Huisman has signed a contract with Danish offshore wind installation services firm Cadeler for the design and production of monopile gripper for the offshore wind industry.This marks the seventh gripper ordered at Huisman…

North Star to Deliver Hybrid-Electric SOV for German Offshore Wind Farm

Feb 01, 2024

North Star has secured a contract with energy utility giant EnBW to deliver a new hybrid-electric service operations vessel (SOV) on a decade-long minimum charter to service the He Dreiht wind farm off the coast of Germany.The agreement marks…

Construction of CSOV for Taiwan’s Offshore Wind Market Kicks Off in Vietnam

Jan 31, 2024

The steel cutting ceremony for the new Construction Service Operation Vessel (CSOV), being built by Damen for Ta San Shang Marine (TSSM), a joint venture between Japan’s Mitsui O.S.K. Lines and Taiwan’s Ta Tong Marine, took place in Vietnam…

Current News

Orsted, New Jersey Reach Settlement Over Canceled Offshore Wind Farms

Orsted, New Jersey Reach Settl

Hess Shareholders Sign Off On $53 Billion Sale to Chevron

Hess Shareholders Sign Off On

Estonia Says China Has Not Responded to Subsea Cables Probe Request

Estonia Says China Has Not Res

Iberdrola Commissions 496 MW Saint-Brieuc Offshore Wind Farm in France

Iberdrola Commissions 496 MW S

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