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  • New US Offshore Wind Leasing to Trigger USD 120 Billion in Investments – Report

    13 December 2021
    Authorities, Business & Finance, Contracts & Tenders, Jobs & Recruitment, Operations & Maintenance, Ports & Logistics

    The recently announced seven offshore wind lease auctions in the United States by 2025 could generate up to USD 4.5 billion in new federal revenue, create up to 128,000 jobs during construction of the projects, and spark USD 120 billion in clean energy investments, a report released by the American Clean Power Association (ACP) has […]

  • GWEC Publishes Its 2014 Wind Power Statistics

    10 February 2015

    After a slowdown in 2013, the wind industry set a new record for annual installations in 2014. Globally, 51,477 MW of new wind generating capacity was added in 2014 according to the global wind market statistics released today by the Global Wind Energy Council (GWEC). The record-setting figure represents a 44% increase in the annual […]

  • Offshore Energy 2014: Highlights of Day One (VIDEO+Gallery)

    29 October 2014

    Offshore Energy 2014, which opened its doors to visitors yesterday at Amsterdam RAI, the Netherlands, is breaking records year after year with more than 600 exhibitors present in 2014.  The event is expected to spark the interest of over 10,000 visitors from the sector this year. Offshore Energy 2014 was opened by Dr. María de Lourdes […]

  • France: Technip Publishes Q3 Results

    25 October 2012
    Business & Finance

    On October 23, 2012, Technip’s Board of Directors approved the third quarter 2012 consolidated financial statements. Third Quarter 2012 Results: Order intake of €2.8 billion Record backlog of €13.5 billion, of which €6.1 billion in Subsea Revenue of €2.1 billion Operating margin of 10.3% Net income of €146 million Full Year 2012 Outlook: Group revenue […]

  • Texas Gives USD 2.2 Mln for Development of Offshore Wind Technology

    8 April 2014
    Authorities, Business & Finance, R&D, Technology

    Governor of Texas Rick Perry has announced that the Texas Emerging Technology Fund (TETF) is awarding $2.2 million to the Texas A&M University (TAMU) Wind Energy Center for a collaborative project that brings together researchers from universities across the state to develop and increase the capacity of offshore wind energy technology, and help bring it […]

  • Gamesa Reports 20 pct Growth in Net Profit (Spain)

    11 November 2011
    Business & Finance

    Gamesa continued to expand profitably during the first nine months of 2011, throughout which it continued to focus on strengthening expansion abroad, efficient management and cost control, launching new products, and maintaining the pace of activity in all business areas, with results in line with 2011 guidance in terms of volume, profitability and debt. Between […]

  • Germany: ODE Bags Iberdrola Wikinger Windfarm Contract

    6 November 2012
    Wind Farm Update

    International engineering contractor ODE has extended its overseas growth in renewables with a major contract for a new German windfarm. With a 30-year history in the energy sector, the London-based company is determined to use its extensive UK windfarm background to expand into emerging European and US markets. It has announced a project management and […]

  • UK: BMT Achieves Great Financial Results

    21 May 2012
    Business & Finance

    BMT Group Ltd, the international design, engineering and risk management consultancy, announced that it has achieved robust financial results, despite another year of challenging economic conditions across much of the world.  Revenues from continuing businesses rose 8% to £127m and underlying operating profits remained unchanged at £6.5m in the year to 30 September 2011, £5.1m […]

  • US Identifies Eight Offshore Wind Areas Off Four Central Atlantic States

    17 November 2022
    Authorities

    The US Bureau of Ocean Energy Management (BOEM) has identified eight draft Wind Energy Areas (WEAs) offshore North Carolina, Virginia, Maryland, and Delaware, which will now be put up for public review and comment.   The areas cover approximately 1.7 million acres and represent a subset of the 3.9 million acres of the Call Area […]

  • MAKE: European Markets Mired in Regulatory Uncertainty – Near-Term and Post-2020

    11 March 2016

    MAKE has published an analysis of global and regional wind power installation forecasts through 2025.  Global energy markets are undoubtedly changing, the breadth of divestments in fossil fuel assets is a testament to the fact that the private sector considers investment in these technologies a losing proposition, MAKE said. The consultancy company expects the political […]

  • ABS Releases Guide for Offshore Wind Turbine Installations (USA)

    30 December 2010

    Classification society ABS announces the release of a Guide for Building and Classing Offshore Wind Turbine Installations, the first Guide to address design considerations for the bottom founded support structure of an offshore wind turbine situated in tropical storm prone areas on the US Outer Continental Shelf (OCS) such as the Gulf of Mexico and […]

  • UAE: GPC to Construct Levingston’s 320EX Self-Elevating MOU

    9 November 2012

    Levingston Middle East, FZE, Sharjah, United Arab Emirates, and Gulf Piping Company of Abu Dhabi, United Arab Emirates, announced today that they have signed a contract to build a Levingston 320EX liftboat with construction to start immediately. The Levingston 320EX Self-elevating, MOU (Mobile Offshore Unit) will be a world class liftboat with 320 feet (97.5 […]

  • North Carolina Sets 8 GW by 2040 Offshore Wind Target

    10 June 2021
    Authorities, Jobs & Recruitment

    North Carolina Governor Roy Cooper has issued an executive order calling for the development of 2.8 GW of offshore wind power by 2030, and 8 GW by 2040. The executive order highlights the economic and environmental benefits of offshore wind and directs actions to help North Carolina secure the jobs and economic development associated with […]

  • Wind Industry Calls for Support and Higher Carbon Prices

    12 December 2014
    Authorities, Business & Finance

    Governments must put a price on carbon emissions and make pledges early next year to move away from fossil fuels and increase the share of renewable energy into the global power mix, according to a signed statement from wind industry players. Wind energy associations, including those from emerging markets such as Brazil, China, South Africa, […]

  • Belgium: Europe Leads Offshore Wind Market with 90 Pct of Total Installation in 2012

    12 February 2013

    The Global Wind Energy Council (GWEC) has released its 2012 market statistics, showing continued expansion of the market, with annual market growth of almost 10%, and cumulative capacity growth of about 19%. A record year for US installations and a slower market in China mean that the two countries all but tied for the top […]

  • World Wind Market Sets New Record in 2011 with 42 GW (Germany)

    8 February 2012

    The world market for wind turbines set a new record in the year 2011 and reached a total size of 42 Gigawatt, after 37,6 Gigawatt in 2010. According to the preliminary data gathered by WWEA and published on the occasion of the 3rd WE20 by 2020 conference in Coimbatore/India, the total capacity worldwide has come […]

  • FTI Report Explores Lowering Cost of Offshore Wind

    8 May 2014

    FTI Consulting, Inc. released an FTI Intelligence report, the first of a series of data-driven publications evaluating competitive markets, policy, finance, technology and business models across the energy spectrum. The report, Innovative Financing of Offshore Wind, focuses on renewable energy and explores the significant potential for cutting the cost of energy from offshore wind power […]

  • Internationalisation Puts Gamesa in Strong Growth Position (Spain)

    28 July 2011
    Business & Finance

    Progress in internationalisation together with efficiency and sustained performance in all business lines placed Gamesa in a strong growth position in the first half of 2011, with results in line with annual guidance in terms of volume, profitability and debt. Gamesa’s consolidated revenues amounted to 1,297 million euro (+26%) in 1H11, EBIT was 62 million […]

  • UK: WFS Celebrates Its 20th Anniversary

    17 April 2013

    WFS, global leader in subsea wireless instrumentation and control solutions to the offshore Oil and Gas and Renewables industries, celebrates its 20th anniversary this year. Founded in 1993, the company has developed unique technology that enables subsea wireless communications, networking, location and power transfer. WFS is helping operators and service companies work around the challenges […]

  • First Jones Act Offshore Wind Jack-Up Coming in 2018

    29 June 2017
    Authorities, R&D, Vessels

    Zentech Inc. and Renewables Resources International (RRI) have announced their plans to build the first Jones Act compliant, four legged, self-propelled Dynamically-Positioned Level 2 (DP2) jack-up vessel based on a US-built barge.

  • Decommissioning and Offshore Wind Projects to Put Pressure on Supply Chain (UK)

    2 December 2011

    A £47.5 billion business opportunity is opening up for companies in decommissioning the North Sea’s huge infrastructure of offshore oil and gas fields according to new research recently published by Deloitte and Douglas-Westwood. The next 30 years will see enormous demand building for the services of supply chain players which will generate a large number […]

  • Austral Acquires Former FBMA Marine Shipyard (Philippines)

    8 November 2011

    Leading global shipbuilder and defence prime contractor Austal has acquired a shipyard in the Philippines as part of its strategy to regionalise its manufacturing base for commercial vessels. The $7 million acquisition of the former FBMA Marine shipyard enables Austal to establish shipbuilding operations at the West Cebu Industrial Park at Balamban, in the province […]

  • US Awards USD 13.5 Million to Four Projects Supporting Sustainable Offshore Wind Development

    14 October 2021
    Authorities, Contracts & Tenders, R&D

    The US Department of Energy (DOE) is funding four projects with USD 13.5 million to obtain critical environmental and wildlife data to support offshore wind development. The projects will inform offshore wind siting and permitting, and help protect wildlife and fisheries as offshore wind deployment increases under the country’s target of installing 30 GW of […]

  • USA: General Cable Corporation Announces Q1 Results

    1 May 2012

    General Cable Corporation, one of the most globally diversified industrial companies, reported today results for the first quarter ended March 30, 2012. Non-GAAP adjusted earnings per share for the first quarter were $0.48. Operating income of $53.4 million exceeded management’s expectation as metal cost headwinds subsided and volume was better than expected during the quarter. […]

  • US Plans to Auction 3 GW Offshore Oregon, Pinpoints Three Areas

    25 February 2022
    Authorities, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) has identified three Call Areas in the Pacific Ocean offshore Oregon for wind energy development, which have a total installed capacity potential of 17 GW. The agency is now embarking on narrowing down these pieces of federal waters into Wind Energy Areas (WEAs) which could support 3 […]

  • Offshore Renewables Play Significant Role in All-Energy 2014

    16 May 2014

    Offshore wind, wave and tidal all play key roles in next week’s All-Energy 2014 (Aberdeen Exhibition and Conference Centre – AECC, 21-22 May). Nearly 11 hours of conference time at the UK’s largest renewable energy exhibition and conference is devoted to offshore wind –including 105 minutes to floating offshore wind; a further nine and a […]