Copenhagen Infrastructure Partners, Flexens, and Lhyfe have formed a partnership for the development and construction of an integrated energy island solution enabling large-scale offshore wind, green hydrogen production, and 'other local anchored value-creating activities on Åland…
The steel-cutting ceremony was held Tuesday for the first of two TWIN X-STERN CSOV vessels for Bernhard Schulte Offshore in CRIST, Poland.The vessel's hull will take shape in Gdynia before being transported to Ulstein Verft for further outfitting…
The U.S. Department of Interior on Tuesday approved the construction and operations plan for the 2.6 GW Coastal Virginia Offshore Wind project, located approximately 23.5 nautical miles off Virginia Beach, VA.This is the fifth approval of a…
Greece on Tuesday moved toward building its first offshore wind farms, identifying areas for private development in a draft plan that the conservative government hopes will lessen the country's dependence on fossil fuels.The Mediterranean country…
The head of BP's gas & low carbon business said on Wednesday the U.S. offshore wind industry is 'fundamentally broken' but issues can be resolved, after BP and partner Equinor wrote down $840 million on their U.S. projects.Orsted, the world's largest offshore wind developer…
Portugal has kicked off the preparatory process for its first auction of licenses to build wind farms off the Atlantic coast by inviting companies to present non-binding declarations of interest by Nov. 14.The environment ministry said in a…
Denmark's Orsted said on Wednesday it had recorded a 28.4 billion Danish crowns ($4.03 billion) impairment charge for the first nine months of 2023, and that it will cease work on its U.S. offshore wind projects Ocean Wind 1 and 2.The world's…
BP remains committed to its offshore wind growth plans after the energy company booked a $540 million impairment on two U.S. projects, CEO Murray Auchincloss told Reuters on Tuesday.BP and its partner Equinor are assessing their next steps after…
Naval architecture and engineering firm Friede & Goldman (F&G) and OIM Wind Ltd on Monday announced the FO-146 Wind Turbine Installation Vessel (WTIV). 'The FO-146 is based on F&G’s WindSetter Class WTIVs. It combines the industry’s latest…
Shares in Siemens Energy continued their recovery on Monday, topping Germany's blue-chip index as concerns over the group's ability to post guarantees for big industrial projects eased.Shares in the company, the world's largest maker offshore…
Norwegian energy firm Equinor will submit a proposal to pre-qualify for Norway's first offshore wind auction, the company's CEO Anders Opedal told Reuters last Friday.Equinor has formed a consortium with Germany's RWE for Soerlige Nordsjoe II…
Colombia will receive offers for offshore wind blocks in August 2024, according to a timeline published by the government on Friday, following a presentation it gave to private companies and European government representatives.The government of President Gustavo Petro…
Norway's Equinor booked a $300 million impairment on its U.S. offshore wind power portfolio on Friday after New York officials rejected a request for better terms, but said the state's continued commitment to the technology still offered hope…
Dutch transmission system operator TenneT, in collaboration with contractor Equans/Smulders, has installed several artificial reefs near the offshore wind power transformer platform Hollandse Kust (west Alpha), which are meant to stimulate marine life…
Lloyd's Register (LR) will classify two methanol-ready Commissioning Service Operations Vessels (CSOVs) being built by VARD for the UK-based offshore vessel operator North Star.'The new tonnage will increase North Star’s offshore wind capabilities…