Italy's Saipem is set to take a more cautious approach to new green business after delays to a wind farm project helped to tip the energy contractor into issuing a profit warning, two sources close to the matter said on Wednesday.Saipem, a [company…
Renewable energy giant RWE has selected Atlantique Offshore Energy, the marine energy business unit of the French company Chantiers de l’Atlantique, for the delivery of the electrical offshore substation for the F.E.W. Baltic II, offshore wind project in the Polish Baltic Sea…
Offshore engineering and construction company McDermott said Tuesday it had secured its largest-ever renewable energy contract from grid operator TenneT for the BorWin6 980MW High-Voltage, Direct Current (HVDC) project, offshore Germany.The project is for the design…
Marine technology company, Sonardyne said Tuesday it had launched a secure, wireless underwater initiation capability aimed at improving the safety and efficiency of unexploded ordnance (UXO) clearance during offshore energy projects with the…
Neptune Energy and RWE said Tuesday they had signed an agreement for the H2opZee project, an offshore green hydrogen development in the Dutch North Sea.H2opZee is a demonstration project which aims to build 300-500 megawatts (MW) electrolyzer…
Sweden presented plans on Tuesday to build offshore wind power plants that will generate 20-30 terawatt-hours (TWh) per year, with an aim to reach 120 TWh at a later stage.The areas are located in the waters both east and west of Sweden, the Nordic country's government said…
Offshore services firm Global Marine Group has extended the contract for Solstad Offshore's construction support vessel Normand Clipper.The contract extension is for three years more, with the vessel now expected to stay with Global Marine Group until May 2026…
Offshore installation contractor DEME Offshore has awarded Proserv Controls a contract for the provision of the inter-array cable monitoring system, or CMS, for the first two phases, A and B, of the Dogger Bank offshore wind farm in the UK.Proserv…
American Offshore Services, a crew transfer vessel owner/operator has entered a strategic partnership with Orion Infrastructure Capital to build 'state-of-the-art CTVs designed to transport technicians and materials in varied offshore conditions…
Ørsted and Eversource have taken the final investment decision (FID) on the South Fork Wind project that will be New York’s first offshore wind farm. The FID comes after the South Fork Wind joint venture, owned 50/50 by Ørsted and Eversource…
France will build at least six new nuclear reactors in the decades to come, President Emmanuel Macron said on Thursday, placing nuclear power at the heart of his country's drive for carbon neutrality by 2050.Macron said the new plants would…
The UK Government has awarded planning consent for Vattenfall’s 1.8 GW Norfolk Vanguard offshore wind farm, meaning that both projects in Vattenfall’s proposed Norfolk Offshore Wind Zone have now been approved.According to Vattenfall, the zone…
Denmark-based offshore wind developer Ørsted has completed the sale of a 50% stake in the 900MW Borkum Riffgrund 3 offshore wind farm in Germany.The deal, with funds managed by Glennmontpartners, was first announced in October 2021. Ørsted at…
Italian oil and gas company Eni has completed the acquisition of a 20% stake in total from SSE Renewables and Equinor in the 1.2 GW Dogger Bank C offshore wind farm, in the UK.SSE Renewables said Thursday it had completed the sale of its 10% interest to Italy's Eni…
High Speed Offshore Service Craft operating in the UK are now allowed to transport up to 60 workers, the UK Maritime and Coastguard Agency said Wednesday.According to MCA, the change will mean that vessels transporting those who work on offshore…
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