Equinor and bp have completed their previously announced transaction including bp’s $1.1 billion purchase from Equinor of a 50% interest in two major lease areas off the US East Coast. The transaction is the first step in a strategic partnership…
Canada-based Northland Power has entered into an agreement with Poland's PKN ORLEN to acquire a 49% interest in the Baltic Power offshore wind project in the Baltic Sea with a total capacity of up to 1,200 megawatts (MW) of offshore wind generation…
Oil major Shell has this week signed an agreement to join a floating wind project in the Celtic Sea, offshore Ireland.The agreement, signed with Irish developer Simply Blue Energy, will see Shell acquire a 51% share of their Simply Blue Energy Kinsale venture…
Scottish regional development agency, Highlands and Islands Enterprise (HIE), has approved an investment of up to £8.3m in Scottish Government funding for an £18.9m project to develop the East Quay at Global Energy Group's Port of Nigg facility…
Oslo-listed company Magnora has said it has teamed up with an unnamed global offshore energy technology and service company to establish a joint floating wind company called Magnora Floating Wind. Magnora, formed a few years ago after oil rig…
The National Offshore Wind Research and Development Consortium (NOWRDC)has made available $2.6 million for a group of projects aiming to advance technological innovation that will drive down costs of offshore wind development in the U.S.The Consortium…
Prysmian, one of Europe's largest power cable manufacturers, has hired Tekmar Energy to provide a cable protection system to be deployed at the Neart na Gaoithe (NnG) offshore wind farm in the UK.The 450MW NnG project, jointly owned by EDF Renewables and ESB…
The Renewables Consulting Group (RCG), a sector specialist advisory firm, continues its expansion into Japan ahead of the country’s expected offshore wind industry growth. With this in mind, the company has this week appointed Hideto Seto as Associate Director…
UK-based Global Energy Group and Italy's Rosetti Marino have entered into a strategic partnership to execute large scale renewable energy and energy transition EPC and EPCI contracts in the UK.Under the agreement, which is for five years, a 2-year extension option…
EDF Renewables is looking to build phase two of the Blyth Offshore Demonstrator (BOD) wind farm off the coast of Northumberland, England, using floating offshore wind technology. Once completed it would be among the first projects of this kind in English waters…
Offshore wind developer Vattenfall has informed that the first wind turbine has been installed at its Kriegers Flak offshore wind farm in the Danish sector of the Baltic Sea.'On 27 January, the tower, nacelle, and blades were installed for the…
Great Lakes Dredge & Dock, a U.S.-based dredging services giant, on Wednesday announced the appointment of industry veteran Eleni Beyko as senior vice president offshore wind – a strategic growth area for the company. Beyko, who started on Jan…
The UK floating offshore wind could reach “subsidy-free” levels by the early 2030s, according to a study completed by the ORE Catapult’s Floating Offshore Wind Centre of Excellence (FOW CoE).The study titled: 'The Floating Offshore Wind: Cost…
Dutch offshore services firm Fugro and Japan's NYK have, through a recently signed partnership, signed a strategic Memorandum of Understanding (MOU) with Japanese geoscience specialist OYO Corporation (OYO).To remind, Fugro and NYK in November…
Airswift, a workforce provider for the energy, process, and infrastructure sectors, has formed a joint venture (JV) with energy consultancy, EPI Group, to target renewable energy services projects within the Asia Pacific (APAC) region.Under the agreement…
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