Shortly before taking office late in 2018, President Andres Manuel Lopez Obrador vowed to boost crude oil production at Mexican giant Pemex by nearly half, following more than a dozen years of decline.The ambitious goal of increasing the state-run company's oil output from 1…
On Monday, March 29, the White House announced a government-wide effort to advance offshore wind, including 30 gigawatts (GW) of offshore wind by 2030, 110GW of U.S. offshore wind by 2050 and the development of a sustainable local offshore wind supply chain…
Singapore's Sembcorp Marine and GE Renewable Energy’s Grid Solutions have secured a firm contract from RWE Renewables for the supply to supply the high voltage direct current (HVDC) electrical transmission system for the Sofia offshore wind farm…
Norway's Aker Offshore Wind and Swedish firm Hexicon have signed an agreement to jointly explore and realize floating wind opportunities offshore Sweden, that could generate 'several gigawatts' of renewable power.'The two companies have agreed…
Australian offshore vessel operator MMA Offshore has secured three new contracts in the offshore wind market in Taiwan.The contracts are for the vessels MMA Pride, MMA Crystal, and MMA Responder.'These three contracts, with firm periods totaling 270 days…
Oslo-listed Offshore Heavy Transport has said it has recently experienced an uptick in demand for the transportation of offshore wind equipment to China.'OHT’s fleet of semi-submersible heavy transportation vessels have been busy transporting offshore wind equipment to China…
The global wind industry could install nearly 1 terawatt (TW) of new capacity between now and 2030, with much of that added by China, consultancy Wood Mackenzie said on Monday.China's target of having 1,200 GW of wind and solar by 2030 could result in 408 GW of new wind capacity from 2021 to 2030…
Norway will press ahead with North Sea wind power this year, awarding its first development licenses as it spurs the transition of its oil and gas industry and despite its already plentiful renewables supply.The government has earmarked two areas in the North Sea for up to 4…
The Biden administration on Monday unveiled a goal to expand the nation’s fledgling offshore wind energy industry in the coming decade by opening new areas to development, accelerating permits, and boosting public financing for projects.The…
NOAA and offshore wind development company Ørsted have signed a memorandum of agreement (MOA) to share physical and biological data in Ørsted-leased waters subject to U.S. jurisdiction. NOAA, said the MOA is the first of its kind with an offshore…
The European Investment Bank (EIB) has granted a €350 million (~$412 million) credit line to a consortium building a wind farm off the coast of Courseulles-sur-Mer in France. This financing, granted to the consortium made up of EDF Renouvelables…
The developers of what will be the world's largest offshore wind farm, the Dogger Bank wind farm in the UK, have revealed the design for Operations and Maintenance (O&M) Base in the Port of Tyne, that will serve the wind farm.Subject to planning approval…
The UK offshore wind industry could create more than 69,800 jobs by 2026, a significant increase compared to today's 26,000, according to research published by the Offshore Wind Industry Council (OWIC).According to OWIC, most of the jobs will…
European utilities are offering a slew of offshore wind farms, eager to cash in on high valuations as investors hungry for stable returns increasingly flock to the sector, people close to the matter said.Demand for such assets has surged as…
Offshore installation contractor Jan De Nul has informed that the keel-laying ceremony was held in China for its offshore installation vessel Voltaire. The vessel will, once delivered, be able to install the world's largest offshore wind turbines…
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