The United States on Wednesday imposed sanctions on the company in charge of building Russia's Nord Stream 2 gas pipeline, expanding penalties on Moscow after it recognized two breakaway regions in eastern Ukraine.The sanctions, which target the Nord Stream 2 AG company and its CEO…
The largest-ever U.S. sale of offshore wind development rights - for areas off the coasts of New York and New Jersey - attracted a record $1.5 billion in bids on Wednesday, supporting President Joe Biden's plan to create a new domestic industry…
U.S.-based seabed survey and ocean exploration firm Ocean Infinity has hired VARD to design and build a new series of six multi-purpose offshore vessels that will all be operated from shore and will eventually run on green ammonia.This order of six…
The United States will hold its biggest ever sale of offshore wind development rights on Wednesday, in an area covering nearly half a million acres off the coasts of New York and New Jersey.It will be the first offshore wind lease sale under the administration of President Joe Biden…
UK-based Manor Marine UK Ltd has secured a contract with Mainprize Offshore to build a second offshore wind farm service vessel, following the win of the building contract for the MO8 in 2021. The second vessel to be built at the site in Portland…
German Chancellor Olaf Scholz halted the Nord Stream 2 gas pipeline project designed to bring more Russian gas to Germany on Tuesday after Russia formally recognized two breakaway regions in eastern Ukraine.Europe's most divisive energy project…
Offshore wind installation services company Seajacks UK, as of recently a subsidiary of Eneti, has established an operational base in the City of Virginia Beach, Va.Seajacks has been providing Blue Ocean Energy Marine, a Dominion Energy-owned company…
Classification society and assurance provider DNV has awarded Odfjell Oceanwind an Approval in Principle (AiP) for its new Deepsea Semi floating wind foundation design. The Deepsea Semi floating wind foundation design has been developed for…
Norwegian offshore vessel owner Solstad Offshore has plans to reduce the carbon footprint of its 90 vessel fleet, and has turned to the technology company Wärtsilä for collaboration. 'The aim is to achieve a 50 percent reduction in CO2 emissions by 2030…
Marlink, a smart network solutions provider, will provide a global hybrid network solution to vessels operated by Subsea 7, a subsea installation giant in the offshore energy industry space.Marlink will provide a secure hybrid network solution to Subsea 7…
U.S. offshore vessel owner Bordelon Marine announced it has promoted Trenton Pitre to director of operations.A 10+ year industry veteran, Pitre has been with Bordelon Marine for the past seven years within the Lockport, La.-based company's operations department…
The second High Voltage Alternating Current (HVAC) offshore transformer station topside, delivered by Petrofac and Drydocks World Dubai for the Dutch-German transmission grid operator TenneT, has set sail from the fabrication facility in the UAE…
Japan-based shipping in giant Mitsui O.S.K. Lines, Ltd. (MOL) and its compatriot Toyo Construction have signed a Memorandum of Understanding (MoU) on evaluating potential collaboration in the offshore wind space.The companies aim to open up…
Cadeler CEO Mikkel Gleerup shares insights on the path ahead for his company in the fast-growing offshore wind sector, with details on Cadeler’s new X-Class Wind Turbine Installation Vessels.The last two years were big year for your company…
Prysmian Group said it is moving ahead with its project for a new submarine power cable plant in the U.S., announcing the signing of the contract for the purchase by Prysmian of the site identified in Brayton Point (Massachusetts). The final…