Repsol and EDF Renewables have signed an exclusivity agreement to cooperate on future offshore wind tenders in Spain and Portugal.The collaboration brings together Repsol's commitment to multi-energy growth and knowledge of the Spanish and Portuguese…
Prysmian's Monna Lisa vessel, being build by Vard, has reached Norway for final outfitting, installation of main mission equipment and trials, before becoming fully operational in 2025.The 171-meter-long cable laying vessel (CLV) arrived to Norway after travelling 4…
Swedish wave energy company CorPower Ocean is nearing completion of planned on-land inspection and upgrades of its first commercial-scale wave energy device, C4, following its first deployment offshore Portugal. The upgrades being implemented…
Norwegian shipbuilder Vard has launched a 171-meter-long cable laying vessel (CLV) Monna Lisa, being built for Prysmian, marking another major milestone towards the delivery of the vessel, scheduled for 2025.Prysmian executives gathered at the VARD shipyard in Tulcea…
Oil and gas company BW Energy has appointed Brice Morlot as Chief Financial Officer (CFO).Effective June 30, 2024, Morlot will succeed Knut R. Sæthre, who has been the CFO of BW Energy since 2019.Morlot brings extensive experience to the company…
Portugal's new government is committed to developing offshore wind energy and also sees 'repowering' onshore wind farms and promoting solar projects, including small-scale ones, as a priority, the environment minister said on Monday.Maria da…
A BP-Eni joint venture and Rhino Resources Namibia have signed an agreement for a 42.5% interest in a block in the country's offshore Orange Basin, the companies said on Friday.The agreement is Azule Energy's first investment in Namibia. Azule…
Several offshore wind developers bid in a combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola and Orsted.The U.S. offshore wind industry is booming so far this year…
Several offshore wind developers are on track to bid in the combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola, Engie, and Orsted.The U.S. offshore wind industry is booming so far in 2024…
The global market for offshore wind projects is improving with governments and companies now offering high enough prices to make projects economically viable, the CEO of Portugal's largest utility Energias de Portugal (EDP) said on Tuesday.Many…
Germany's top utility RWE has signed a Letter of Support with the Port Authority of A Coruña to facilitate the scaling-up of the port capacity in support of the Spanish government’s floating wind targets.Working together under a Letter of Support…
Esgian reports that drilling contracts have been announced this week for operations in Brazil and the Philippines, and new discoveries have been confirmed in the UK and Namibia in its Week 11 Rig Analytics Market Roundup.ContractsCOSL Drilling…
Swedish developer CorPower Ocean has completed the first cycle of ocean commissioning program of its C4 wave energy device offshore Portugal, verifying all key aspects of the system and marking a ‘crucial milestone’ for the wider wave energy sector…
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…
Global Maritime announced it has acquired engineering specialist Iberian Offshore, strengthening Global Maritime's footprint in the emerging Spanish offshore wind sector and serving as a gateway for future expansion into the Mediterranean region…
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