Norway's Equinor is trimming 20% of the staff from its renewable energy division and will compete for a smaller number of new projects as it streamlines the business unit, the company told Reuters on Thursday.The global offshore wind sector, in which Equinor is a significant player, has faced setbacks in its efforts to reach lofty targets, driven by cost inflation, high interest rates and supply bottlenecks…
Poland is planning to assign new areas for offshore wind farms in the Baltic Sea and is drafting additional measures to boost the security of its critical energy infrastructure, government officials said on Wednesday.'Maritime offices will submit analyses any moment…
Iberdrola, through its start-up program Perseo, has invested in the start-up Revestimientos Técnicos Sostenibles (RTS) to promote its innovative solutions related to manufacturing insulation and anti-corrosion coatings, which have a direct use on offshore wind structures…
CSL OWL Subsea Rock Installation, a newly formed partnership between the CSL Group and Offshore Wind Logistics (OWL), has ordered two newbuild subsea rock installation vessels tailored for the offshore wind sector.Each vessel will have a cargo capacity of 17…
Scottish ocean energy pioneer Mocean Energy has launched a crowdfunding campaign on Crowdcube, Europe’s largest private market investment platform.The campaign, which is now live, aims to finance the next phase of the company’s growth plans as it looks to mature its wave energy technology…
Strategic Marine, Mirai Ships, and Ragnar Energy Solutions have signed a Memorandum of Understanding (MOU) to establish a framework for exclusive newbuild collaborations, aiming to deliver vessels tailored for Japanese offshore markets.The MoU…
MSE International has won funding from TRIG 2024 to lead a new project, PRIMET; Port Recharging Infrastructure for Maritime Energy Transition.The project will accelerate the roll-out of port and harbor infrastructure needed to support the rapid…
HSM Offshore Energy has rolled out the Thor Offshore High Voltage Substation (OHVS) and lifted the GIS modules for RWE at its Schiedam yard in the Netherlands.Upon completion, Thor will be Denmark’s largest offshore wind farm, with a planned capacity of 1058 MW…
The French government has selected a new joint venture between Octopus Energy and Skyborn Renewables to bid in next year’s offshore wind tender.The French government’s decision follows a rigorous pre-qualification process to choose the best companies to enter its ninth offshore wind tender round…
The Connecticut Wind Collaborative (CWC) has launch of the Connecticut offshore wind industry study, which aims to identify and expand offshore wind supply chain opportunities for Connecticut and the Northeast region.The study will build on build the Connecticut offshore wind strategic roadmap…
U.K.-based high voltage (HV) engineering specialist Ventus Energy has launched its U.S. entity with two East Coast locations to further support the rapidly growing offshore wind industry in the United States.Operating as Ventus Energy Incorporated…
Specialist offshore wind engineering consultancy Wood Thilsted has signed a memorandum of understanding (MoU) with multiple industry and research institutions to jointly advance nature inclusivity in offshore wind farm designs.The joint industry…
Almost five years ago, BP embarked on an ambitious attempt to transform itself from an oil company into a business focused on low-carbon power. The British company is now trying to return to its roots as a big oil and gas player with a growth story to match rivals…
Eco Wave Power has received the final Nationwide Permit (NWP) from the U.S. Army Corps of Engineers for its wave energy project at AltaSea’s premises at the Port of Los Angeles.The milestone marks a significant step forward in the development of Eco Wave Power’s pioneering wave energy project…
DNV has signed a memorandum of understanding (MoU) with Seatrium to cooperate on strategic activities and projects in the areas of engineering, technology and new product design, with key focus on floating offshore energy solutions.Under the MoU…
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