The global offshore wind industry is poised for a rebound in 2025, with capacity additions expected to reach 19GW and sector-wide expenditure projected to hit $80 billion, according to research from Rystad Energy.This recovery follows a slowdown at the end of last year…
Dutch geological data specialist Fugro has restarted multiple projects in the U.S. hydrocarbon and LNG sectors since Donald Trump's election and is optimistic about offshore wind development in Asia and Europe, its CEO told Reuters on Friday…
The government of Australia has granted feasibility licenses for two offshore wind projects with a total planned capacity of 3.2 GW, to be developed off the coasts of New South Wales and Victoria.The feasibility licenses have been awarded for the Southern Ocean and Hunter zones…
The Danish Energy Agency has published a memo with the results of the market dialogue conducted to investigate the background for the failure of the 3 GW offshore wind procurement in the North Sea.The overall purpose of the market dialogue has…
SPIE Global Services Energy, a subsidiary of SPIE, has announced that its wind power high voltage specialized entity Correll Group has changed its name to SPIE Wind Connect.The name change follows the acquisition of Correll Group by SPIE in 2024…
The Offshore Infrastructure Regulator (OIR) has approved the feasibility stage management plan of Blue Mackerel North Pty Ltd for the Blue Mackerel offshore wind project off the coast of Gippsland in Victoria.The approval allows Blue Mackerel to begin feasibility activities…
The Offshore Renewable Energy (ORE) Catapult has appointed RENK Test System to design, manufacture and install a new drive train test rig at the National Renewable Energy Centre in Blyth, United Kingdom.Following confirmation in 2024 of a dedicated capital funding grant from UKRI…
Danish offshore wind installation firm Cadeler has signed a firm contract for the deployment of its newbuild offshore wind vessel, the Wind Pace, at an offshore wind farm located in the United States.This will be the first time Cadeler’s second P-Class newbuild vessel…
Companies from around the world have proposed to develop 69 offshore areas in Colombia's first offshore wind energy auction, the South American country's National Hydrocarbons Agency (ANH) said on Thursday.Why It's ImportantThe auction is a…
ABS approved the Front-End Engineering Design (FEED) documents for a deep water floating offshore wind platform design from ECO TLP, Inc. and MOCEAN-Offshore BV.The design supports the largest wind turbines on the market and utilizes slip-formed…
Venterra Group and Tonkin + Taylor signed a Memorandum of Understanding (MoU) to collaborate on offshore wind projects in Australia and New Zealand. With both countries setting ambitious offshore wind targets—Australia is aiming for 32 GW by 2030…
Italian energy group Eni reported a 46% slide in fourth-quarter adjusted net profit on Thursday, hit by lower energy prices and weakness at its refining, biofuel and chemicals divisions.Adjusted net profit for October and December totaled 892 million euros ($934 million)…
Empire Energy Offshore has formed a strategic alliance with Boom Logistics, a provider of heavy lifting and logistics solutions, to strengthen Australia’s future offshore wind infrastructure.The collaboration marks a pivotal advancement in the development of Australia’s offshore wind sector…
Belgian offshore installation contractor Jan De Nul has secured a contract for the installation of monopiles for 72 offshore wind turbines that will make up the 1.1 GW Inch Cape offshore wind farm in Scotland.Inch Cape offshore wind farm, being…
BP slashed planned investment in renewable energy and said on Wednesday it would increase annual oil and gas spending to $10 billion, in a major strategy shift aimed at boosting earnings and shareholder returns.The oil major cut planned annual…