Prysmian is close to a “very interesting” contract to develop a high-voltage underground network in the U.S., the Italian company’s chief executive said on Thursday.Valerio Battista said Prysmian, the world’s largest cable maker, was “not far” from striking a deal on the U…
Wave energy technology developer or CorPower said this week it was approaching completion of' the world’s largest wave energy test-rig' following a two-year project. The 45-tonne moving mass system located in Stockholm is capable of simulating ocean wave conditions anywhere in the world…
DNV has launched a research project to develop an automated data processing method for verification of detected wind turbine blade defects.The aim of the research is to build trust and generate broader acceptance of automated data processing…
Large Diameter Drilling (LDD), an Acteon company specializing in marine drilling and grouting services, has signed a contract to deliver grouting services for DEME Offshore’s installation of foundations at the Saint-Nazaire wind farm off the coast of the Guérande Peninsula…
Marine seismic data firms that supply data to offshore oil explorers are typically the first among oil industry contractors to bear the brunt of price drops, as their customers, the oil companies, slash expenses and wind down exploration activities while waiting for oil prices to rise again…
Offshore wind installation company Eneti Inc, until recently known as Scorpio Bulkers, has entered into a binding agreement for the construction of one Wind Turbine Installation Vessel. The vessel will be built by South Korea's Daewoo Shipbuilding and Marine Engineering…
Europe's biggest wind power group Iberdrola reaffirmed its growth outlook for the full year on Wednesday after reporting rising quarterly earnings supported by rapid building of renewable energy plants and investments in networks.Buoyed by a…
The Biden administration on Tuesday said it has approved the nation's first major offshore wind farm, billing it as the launch of a new domestic energy industry that will help eliminate emissions from the power sector.The move, however, was…
Public Power Corp. (PPC), Greece's biggest electricity utility, is seeking to form partnerships in offshore wind, a top executive said on Tuesday, as the country works to reduce its carbon emissions.The utility wants to shut down all but one…
The Government of Canada has approved funding for Waterford Energy Services Inc. (WESI) and Saitec Offshore's project designed to power offshore drilling rigs using a plug-and-play renewable energy solution.The funding program aimed to support…
Malaysian oil and gas giant Petronas has dismissed reports of the company's involvement in talks with Hong Kong-based offshore wind company Ocean Wind International Industrial Limited as false.'Petronas refers to news reports that have emerged…
Poland's biggest power group PGE and Denmark's Orsted have finalized a deal to jointly develop two offshore wind projects in the Baltic Sea, PGE said on Thursday.Under the terms of the deal, Orsted bought 50% in each of two PGE units developing two offshore projects totalling 2…
Irish companies Mincon Group plc and Subsea Micropiles along with research centers at the University of Limerick and University College of Dublin are working on a low-cost, environmentally 'sympathetic' micropiling technology aimed at the offshore wind industry…
Norwegian oil company Equinor and Italian rival Eni plan to collaborate on development of floating wind farms in the North Sea as part of their expansion within renewable energy production, the companies said on Thursday.The Norwegian government has earmarked two areas in the North Sea for up to 4…
Siemens Energy, which supplies turbines to the power sector, on Wednesday lowered the upper end of its target range for 2021 sales, hurt by weaker-than-expected demand, project delays, and the ongoing coronavirus crisis.Revenues are now expected to grow 3-8% in the year to September…
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