BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition strategy, sources at the company said.The moves…
Iberdrola has taken the final investment decision (FID) for its Windanker offshore wind farm, located in the German Baltic Sea, advancing the 315 MW project to delivery phase.Windanker wind farm will reinforce Iberdrola’s Baltic Hub, which will add more than 1…
Fugro has been awarded a site characterization contract for a 684 MW offshore wind farm development off the coast of the Japanese cities of Murakami and Tainai, Niigate Prefecture, Japan.The offshore wind farm off the country’s west coast will be developed and realized by a consortium of RWE…
Dutch offshore vessel owner Acta Marine has announced the expansion into French maritime and offshore energy market with the newbuild construction service operations vessel (CSOV) named Acta Pegasus.The fourth vessel in Acta Marine’s fleet, currently under construction in Turkey…
Norwegian seismic firm TGS has announced a new campaign for offshore wind and metocean measurement located in Morro Bay, off the U.S. West Coast.This initiative further expands the company's pioneering multi-client wind and metocean measurement initiatives in key global offshore wind regions…
Atlantic Shores Offshore Wind, a 50-50 partnership between Shell and EDF, has selected contractor Riggs Distler & Company to lead the Cardiff substation expansion program for Atlantic Shores Project 1, New Jersey’s first offshore wind project…
Denmark-based renewable energy technology developer Floating Power Plant has acquired wind turbine generator from Siemens Gamesa for its flagship floating wind, wave, and green hydrogen hybrid offshore platform.The selected wind turbine, a 4…
NextFloat+ project, being developed by X1 Wind, Technip Energies and NextFloat Plus, has received a multi-million-dollar grant from the European Commission’s Innovation Fund to accelerate deployment of X1 Wind’s 6 MW pre-commercial floating wind platform…
German Federal Maritime and Hydrographic Agency has issued planning approvals for the first phase of RWE’s 1.6GW Nordseecluster, which includes the construction of 660 MW Nordseecluster A offshore wind project.The planning approval from the…
Danish firm Cadeler has signed a contract with Inch Cape Offshore for the installation of 72 offshore wind turbines, each rated at 15 MW, at the Inch Cape Offshore Wind Farm in the North Sea.The work will be done with one of the newbuild M-class wind turbine installation vessels…
Boskalis’ cable-laying barge Giant 7 has started the installation of the second and final nearshore export cable for the 700 MW offshore wind farm Hollandse Kust (west Beta), being built offshore the Netherlands.The works on the second cable follow the successful installation of the first…
Norway-based Deep Wind Offshore has been awarded rights to develop a GW-scale offshore wind site Saare 2.1 in Estonia.The Baltic countries have agreed to open areas for offshore wind production for a total capacity of 20 GW within 2030, with Estonia setting the pace…
Ørsted has installed the first 11 MW offshore wind turbine at Borkum Riffgrund 3 project, set to be the largest offshore wind farm in Germany upon completion.Borkum Riffgrund 3’s first wind turbine was installed by the installation vessel Seaway Ventus from Seaway7…
Abu Dhabi Future Energy Company (Masdar) has reached a definitive agreement with GEK TERNA and other shareholders to acquire Greece’s Terna Energy in a $3.44 billion (€3.2 billion) deal, representing one of Europe’s biggest renewable energy transactions in 2024…
Singapore-based mooring and anchoring specialist Mooreast Holdings has set out plans to acquire a 98,919 sqm facility from Seatrium’s subsidiary, quadrupling its production capacity in Singapore to serve the floating offshore renewable sector…
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