BP and its partner Equinor are renegotiating the terms of power supply agreements linked to their giant wind developments off the U.S. East Coast, BP CEO Bernard Looney said on Tuesday.'We are in the midst of renegotiating our PPA (power purchase…
Dutch marine services firm Boskalis said Monday it had completed the installation of the first U.S.-made offshore substation, built for the South Fork Wind offshore wind project.Kiewit built the 1,500-ton, 60-foot-tall substation at its Ingleside facility near Corpus Christi…
The U.S. Bureau of Ocean Energy Management (BOEM) on Monday announced three final Wind Energy Areas (WEAs) offshore Delaware, Maryland, and Virginia.These areas, BOEM said, were developed following extensive engagement and feedback from states…
The Japanese utility Kansai Electric Power Corporation (KEPCO) has signed an agreement with Spanish offshore engineering firm Saitec Offshore Technologies to join the DemoSATH floating wind technology project as a strategic partner and co-investor…
Offshore wind developer Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, and the Irish renewable-focused integrated utility Energia Group, on Tuesday announced a partnership to codevelop offshore wind projects in Ireland with a potential to deliver total capacity up to 1…
The last monopiles for France's Calvados offshore wind project were recently delivered by Germany-based EEW SPC.The delivery made at the end of June came almost exactly five months after the first loadout from EEW SPC's dock.All monopiles were loaded onto the 'Dongbang Giant No…
Offshore wind vessel firm Purus Wind has appointed Oliver MacManus as general manager, with immediate effect.MacManus will focus on overseeing the running of the construction/service operation vessels (“C/SOV”) business. 'The appointment is…
Great Lakes Dredge & Dock Corporation has signed the first ever subcontract for rock procurement for a U.S. offshore wind farm with Carver Sand & Gravel LLC (“Carver”), a U.S. quarry in the state of New York.Through this subcontract, Great Lakes…
Lawmakers in Maine on Wednesday passed legislation that would set a 3-gigawatt target for offshore wind deployment off the state's scenic coastline by 2040, a level that could satisfy half of its 1.3 million residents' power needs.The bill…
French energy company TotalEnergies does not believe it overpaid for a record-breaking German offshore seabed lease this month, despite industry criticism, CEO Patrick Pouyanne said on Thursday while presenting second-quarter results.'In Germany…
Spanish power company Iberdrola on Thursday raised its 2023 profit outlook for the second time after a strong performance in Europe and Britain drove a 21% increase in first-half net profit.The green energy giant is investing heavily in renewable capacity and network assets…
Offshore wind developer Ocean Winds is set to start a geotechnical survey campaign in Moray Firth in Scotland, to support the development of the 2GW Caledonia offshore wind farm.'Sediment from deep bore hole samples from across the Moray Firth…
Subsea 7's recently delivered Seaway Alfa Lift offshore wind foundation installation vessel is in transit to Europe and is expected to join Subsea 7's fleet in the third quarter of 2023.The semi-submersible heavy installation vessel, designed by Ulstein…
Germany raised installed offshore wind capacity by 3.1% to 8,385 megawatts (MW) in the first half of 2023, industry lobbies said on Tuesday, demanding better revenue guarantees to maintain a build-out pace and ensure it will reach a 30,000 MW target by 2030…
Offshore installation firm DEME Offshore said Tuesday it had installed the approximately 3,000 ton offshore substation for the Vineyard Wind 1 project - the first commercial-scale offshore wind farm in the United States.'The installation of the offshore substation…