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  • Ørsted Secures Sustainability-Linked Loan in Taiwan

    30 August 2023
    Business & Finance, Fixed-Bottom

    Ørsted has signed a NTD 25 billion (EUR 721 million) sustainability-linked revolving loan facility agreement for the developer’s offshore wind farms in Taiwan with a consortium of financial institutions, including nine state-owned banks. Ørsted and the financial institutions have aligned to include sustainable initiatives related to Ørsted’s business operations as key performance indicators to ensure […]

  • DOF Subsea Wins New Contract in Offshore Wind

    14 May 2021
    Business & Finance, Contracts & Tenders

    DOF Subsea reported that it had won multiple contracts for execution in the North Sea, including on an offshore wind project, which the company left unnamed. The company will utilise its vessels Skandi Acergy, Skandi Skansen, Skandi Iceman, Skandi Hera and a contracted third-party vessel in the offshore execution phases for the contracts, which combined […]

  • Norwegians Unveil Plan to Connect Draugen Platform to Floating Wind Farm

    29 October 2021
    Technology, Wind Farm Update

    Norwegian floating wind technology developer Odfjell Oceanwind, exploration and production (E&P) company OKEA, and utility company TrønderEnergi have signed a Memorandum of Understanding to jointly evaluate the potential of developing a floating offshore wind farm that will be connected to the Draugen platform. The project’s floating wind turbines would provide renewable power to the Draugen […]

  • Kvaerner Eyes Renewables Expansion

    16 September 2019
    Business & Finance

    Norway’s Kvaerner is establishing two new focus areas with an aim to expand its operations within the renewables industry, including offshore wind, and the oil & gas sector. The move comes as Kvaerner aims to increase its annual revenue for around 40% within a few years, from circa NOK 7.3 billion in 2018 to NOK 10 billion […]

  • Van Oord Takes Delivery of Calypso

    29 August 2023
    Supply Chain, Vessels

    Van Oord has taken delivery of the company’s new cable-laying vessel, the Calypso, following the vessel’s arrival in the Netherlands. The Calypso will be officially christened in Rotterdam in September, Van Oord said. The final construction phase took place at the Vard Brattvaag shipyard in Norway, where the cable-related equipment was installed on the vessel. […]

  • Equinor Sets Up French Floating Wind Company Together with RES and Green Giraffe

    20 July 2021
    Business & Finance

    Equinor, RES, and Green Giraffe have established a joint company named Océole, one of whose first missions will be to evaluate and work towards submitting bids in the country’s upcoming floating wind tenders. “Together with RES and Green Giraffe, we are ready to contribute long term to the country’ ambitious offshore wind plans and develop […]

  • 200 MW Floating Wind Farm in South Korea Moves Forward

    7 May 2021
    Wind Farm Update

    A 200 MW floating wind project in South Korea, developed by Korea National Oil Corporation (KNOC), Korea East-West Power (EWP), and Equinor completed the preliminary feasibility study on 4 May. With the completion of the study, conducted by the Korea Development Institute (KDI), the project – called Donghae 1 – will now gain momentum to […]

  • Equinor and SINTEF Bolster Floating Offshore Wind Ties

    3 December 2020
    R&D, Technology

    Equinor and the Norwegian independent research organization SINTEF have entered into a strategic collaboration covering four areas, one of which is floating offshore wind. The purpose of the agreement is to facilitate the exchange and development of ideas and radical solutions between the two partners. The companies will collaborate on projects that can provide good […]

  • Norwegians Call For Licensing of Two 500 MW Floating Wind Projects in 2020

    4 May 2020
    Authorities

    Several Norwegian ocean stakeholders have asked their country’s government to start the announcement of two full-scale floating offshore wind farms with the aim of granting licenses during 2020. In a letter sent to leading Norwegian politicians, the stakeholders said that the government should clarify licensing and framework conditions for two floating wind projects with a […]

  • Equinor Pushes Ahead with 800 MW Floating Wind Project in Korea

    18 August 2021
    Wind Farm Update

    Equinor Korea has signed a co-development Letter of Agreement for the Firefly floating wind project off South Korea with the Offshore Wind Countermeasures Committee, the Ulsan-based fishermen organization. With this agreement, Equinor and the Ulsan Offshore Wind Countermeasures Committee formed a consultative body to promote the project at the earliest, and to make efforts to […]

  • Malta Months Away from First Offshore Wind Tender, Identifies Six Floating Wind Areas

    4 September 2023
    Authorities

    Malta’s Ministry for the Environment, Energy and Enterprise has issued a draft National Policy for the Deployment of Offshore Renewable Energy for public consultation and has demarcated six floating offshore wind development areas located beyond the country’s 12-nautical-mile territorial waters and into its potential Exclusive Economic Zone (EEZ). According to the Ministry, an international call […]

  • Equinor Announces New Floating Wind Plans in Scotland

    19 July 2021
    Business & Finance, Contracts & Tenders

    Equinor has submitted a bid for floating wind development offshore Scotland in the ScotWind auction, the company confirmed on 19 July. With around half of the sites being floating offshore wind opportunities, the offshore energy company said it believed the Scottish Government was offering a great opportunity to develop large floating offshore wind projects at […]

  • Top News of 2018 – Editors’ Picks

    2 January 2019

    From a sea of major updates that hit the headlines last year, Offshore WIND has chosen a few that could sketch the sector’s progress by looking at various developments across the globe in 2018.

  • Stiesdal TetraSub Floating Foundation Gets DNV Statement of Feasibility

    26 November 2021
    R&D, Technology

    DNV has presented Stiesdal with a Statement of Feasibility for its semi-submersible floating wind foundation TetraSub, demonstrating the technical feasibility and commercial readiness of the technology. TetraSub is part of Stiesdal’s modular, industrially manufactured Tetra foundation concept. It is suited for floating wind installations at water depths ranging from 50 metres and up. Issuing a […]

  • World’s First Floating Wind Farm Best Performer in UK

    23 March 2021
    Wind Farm Update

    Hywind Scotland, the world’s first floating offshore wind farm, has reached the highest average capacity factor for any wind farm in the UK for its third consecutive year. With an average capacity factor of 57.1% in the twelve months to March 2020, Hywind Scotland set a new record in the UK. During its first two […]

  • Fred. Olsen Windcarrier, Shimizu to Take Over Yunlin Foundation Installation in 2024

    1 September 2023
    Business & Finance, Vessels, Wind Farm Update

    Fred. Olsen Windcarrier (FOWIC), in cooperation with Shimizu, has been awarded a contract for the transportation and installation of monopile foundations for the 640 MW Yunlin offshore wind farm, with the work under the contract set to start in February 2024. For the foundation installation, the two companies will mobilise Shimizu’s vessel Blue Wind, which […]

  • Mammoet Secures US Contracts from Mystery Clients

    28 March 2023
    Contracts & Tenders

    Dutch heavy lift and transportation specialist Mammoet has secured contracts for two large offshore wind projects in the United States, both of which begin in 2023. The two contracts cover a range of port scopes, including the load-in, handling, and temporary storage of XXL monopiles, plus the pre-assembly of turbines in a US marshalling port. The company […]

  • HSM Offshore to Build Offshore Wind-Powered Gas Production Platform

    22 November 2022
    Contracts & Tenders, Technology, Wind Farm Update

    Dutch metal construction company HSM Offshore has won a contract to build the first electrified ONE-Dyas N05-A gas production platform in the North Sea which will run entirely on offshore wind power. The N05-A project is part of the so-called GEMS area, an area approximately 20 to 80 kilometres north of the Ems estuary. ONE-Dyas, […]

  • Top News of 2020 – Editors’ Picks

    1 January 2021
    Authorities, Business & Finance, Technology, Wind Farm Update

    As we said our goodbyes to 2020, a lot of us will look back on a challenging year, but also a year which drew resilience, agility and the power of powering through into the spotlight. The same goes for the offshore wind industry, which met its fair share of challenges, but continued delivering in the […]

  • Empire Wind to Probe Concrete Turbine Foundations

    17 February 2021
    Contracts & Tenders, Wind Farm Update

    Aker Solutions has signed a front-end engineering and design (FEED) contract with Empire Offshore Wind LLC to study the design and delivery of concrete foundations for the wind turbines at the Empire Wind project in New York. Empire Wind is being developed by Equinor and BP through their 50/50 strategic partnership in the US. Aker […]

  • Equinor Enters Chinese Offshore Wind Market

    18 May 2021
    Business & Finance

    Equinor and the Chinese shipbuilder CIMC Raffles (Yantai CIMC Raffles Offshore) have signed a strategic cooperation agreement to develop offshore wind projects in the Yellow Sea, off China’s Shandong province. The Norway-based energy major has confirmed to OffshoreWIND.biz that the two companies have entered into an agreement to jointly tap into the offshore wind opportunities […]

  • World’s First Floating Offshore Wind Farm Celebrates Five Years of Operation

    29 December 2022
    Wind Farm Update

    Hywind Scotland, the first floating offshore wind farm in the world, has passed five years in operation since its commissioning in 2017. According to Equinor, Hywind Scotland is the world’s best-performing offshore wind farm, achieving a capacity factor of 54 per cent over its five years of operations. “Importantly, Hywind Scotland has run to high […]

  • Siemens Gamesa Doubles Offshore Order Intake in 2019

    4 February 2020
    Business & Finance

    Siemens Gamesa has doubled the order intake in the offshore segment in 2019 compared to 2018, partly due to the company’s strongest ever results reported in the last quarter of the calendar year. The world-leading wind turbine manufacturer saw the order intake in the offshore segment double to 3,343MW, of which 1,279MW was signed in […]

  • Highlights of the Month – October 2020

    2 November 2020

    OffshoreWIND.biz brings you the ten most-read articles on the site for the month of October 2020. Crane for Next-Gen Offshore Wind Turbines Coming to Market The Netherlands-based Tetrahedron has developed a new crane for next-generation offshore wind turbines, said to be designed to fit on both existing and new jack-up vessels. Construction Starts on World’s […]

  • Dutch Gas Platform to Be Powered by German Offshore Wind Gets Go-Ahead

    3 June 2022
    Wind Farm Update

    The Dutch Ministry of Economic Affairs and Climate has granted ONE-Dyas the permits for the development of a gas field whose platform will run entirely on the electricity from the Riffgat offshore wind farm in the German part of the North Sea. The final permit greenlights the production of natural gas from the N05-A field […]

  • Equinor Sets Sights On Gigawatt-Scale Floating Offshore Wind Projects in Celtic Sea

    7 November 2022
    Business & Finance, Contracts & Tenders

    Equinor has disclosed its interest in developing gigawatt-scale floating offshore wind in the Celtic Sea, with the upcoming Celtic Sea floating wind seabed leasing round in view. The Crown Estate is planning a seabed leasing round in the Celtic Sea in 2023. As the developer and soon-to-be operator of two of the world’s first floating […]