2007 results found for 'South Fork'

2007 results found for 'South Fork'
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  • Boskalis Reports Record 2023 with 150 Pct Net Profit Increase; Half of Offshore Energy Revenue Came from Offshore Wind

    12 March 2024
    Business & Finance, Fixed-Bottom, Supply Chain, Vessels

    Boskalis’s offshore energy division saw 50 per cent of its revenue coming from offshore wind in 2023, according to annual results the Dutch dredging and offshore construction specialist released on 7 March. Company-wide, Boskalis reported a 20 per cent increase in revenue and a 150 per cent higher net profit than in 2022. For its […]

  • Hawaiian Company to Develop New Mooring Method for Grid-Scale Floating Wind Turbines

    15 February 2022
    R&D, Technology

    Makai Ocean Engineering, an ocean technology and engineering firm based in Hawaii, US, will develop new mooring and anchoring methods for grid-scale floating offshore wind turbines and hydrokinetic systems, according to the US Department of Energy, which just awarded the company USD 849,952 to develop its solution. The new methods are said to enable reducing […]

  • New York PSC Gets Things Rolling on Offshore Wind Grid Connections

    26 January 2022
    Authorities, Grid Connection

    The New York State Public Service Commission (PSC) has issued an order related to offshore wind transmission systems that modifies future offshore wind energy procurements to include options for connections through “meshed” grids and requires Consolidated Edison Company of New York Inc. (Con Edison) to submit details of a 5-6 GW onshore interconnection hub plan. […]

  • Ørsted, Eversource Greenlight 924 MW Sunrise Wind After Securing US Approval

    27 March 2024
    Authorities, Business & Finance, Business development, Planning & Permitting, Project Updates, Wind Farm Update

    The 924 MW Sunrise Wind offshore wind farm has received its Record of Decision (ROD) from the US Department of Interior’s Bureau of Ocean Energy Management (BOEM). In addition, the project’s developers, Ørsted and Eversource, have taken a final investment decision (FID) on Sunrise Wind and will now advance with onshore construction activities. Located approximately […]

  • Siemens Gamesa Receives Record Order for US Offshore Wind Projects

    19 July 2019
    Contracts & Tenders, Wind Farm Update

    Siemens Gamesa has conditionally received a record wind turbine order for 1,714MW from Ørsted and Eversource encompassing three US offshore wind projects. The signed conditional contract is the largest US offshore wind power order to date, Siemens Gamesa said. It covers the supply, delivery, and installation of SG 8.0-167 DD wind turbines including service agreements […]

  • US Could Soon Give Go-Ahead to Another Large-Scale Offshore Wind Farm

    17 July 2023
    Authorities, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) is expected to soon announce its decision on whether to approve the Revolution Wind offshore wind farm as the federal agency has now completed the environmental analysis of the project, which Ørsted and Eversource plan to build offshore Rhode Island. BOEM issued the Final Environmental Impact Statement (FEIS) […]

  • Ørsted and Eversource Charter First-Ever Jones Act SOV

    1 October 2020
    Vessels

    Edison Chouest Offshore (ECO), Ørsted, and Eversource have signed a long-term charter agreement for the provision of the first-ever US-flagged, Jones Act-compliant Service Operations Vessel (SOV). The SOV will be engineered, constructed, and operated by ECO as an integral part of the operation and maintenance of the Revolution Wind, South Fork Wind, and Sunrise Wind […]

  • Equinor, BP and WCS to Continue Tracking Large Whales in New York Bight Until 2028

    8 September 2022
    Environment

    Empire Wind, a 50/50 joint venture between Equinor and BP, and the Wildlife Conservation Society (WCS) have extended their agreement on monitoring large whales in the Empire Wind lease area, located in the New York Bight off the southern coast of Long Island.   In 2019, Equinor (the sole owner of the Empire Wind project at […]

  • US and Germany Enter Energy Partnership; Offshore Wind, Hydrogen in Focus

    31 May 2022
    Authorities

    German and US officials who attended the meeting of the G7 climate, energy, and environment ministers in Berlin last week signed a joint declaration on partnering in the area of climate and energy, after forming four working groups earlier this year in preparation for the partnership, two of which are specifically dedicated to offshore wind […]

  • Equinor, BP and New York City Launch South Brooklyn Marine Terminal Transformation

    3 March 2022
    Business & Finance, Operations & Maintenance, Wind Farm Update

    The New York City Mayor, Eric Adams, has announced that plans for transforming the South Brooklyn Marine Terminal into a major staging and assembly facility for offshore wind and an operations and maintenance (O&M) base for the Empire Wind and Beacon Wind projects are moving forward. Under an agreement now finalised by the New York […]

  • Ørsted and NABTU Sign ‘Historic’ Project Labor Agreement for US Offshore Wind

    6 May 2022
    Business & Finance, Industry, Jobs & Recruitment

    North America’s Building Trades Unions (NABTU) and the offshore wind developer Ørsted have announced a Project Labor Agreement (PLA) to construct the company’s US offshore wind farms with an American union workforce. “A first-of-its-kind in the United States, the National Offshore Wind Agreement (NOWA) sets the bar for working conditions and equity, injects hundreds of […]

  • Ørsted’s Offshore Revenue Soaring in 2021

    3 November 2021
    Business & Finance

    Ørsted has reported a 43 per cent increase in revenue in its Offshore segment for the third quarter and a 32 per cent increase for the first nine months of this year, both compared to the same periods of 2020. While the company’s operating profit (EBITDA) in the Offshore segment halved in the third quarter […]

  • Maryland Companies Come out in Numbers to Meet Offshore Wind Contenders

    10 March 2017
    Business & Finance, Contracts & Tenders, Operations & Maintenance, Technology

    Maryland Offshore Wind Industry Breakfast attracted more than 150 local companies who met with representatives form Deepwater Wind and US Wind to discuss their potential involvement in the two projects currently in contention for the state’s Offshore Renewable Energy Credit (OREC), the Business Network for Offshore Wind, the organiser of the event, said.

  • DEME and Prysmian Land EUR 1.6 Billion Offshore Wind Contract in US

    5 November 2021
    Contracts & Tenders, Wind Farm Update

    US energy company Dominion Energy has selected the consortium of DEME Group and Prysmian as the Balance of Plant (BoP) contractors for the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project.

  • US Starts Working on Offshore Wind Leasing in Oregon, Central Atlantic Coast

    28 April 2022
    Authorities, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) has published two Calls for Information and Nominations to solicit information from the public and determine industry interest in potential commercial wind energy development offshore Oregon and in the Central Atlantic. This was announced by BOEM Director Amanda Lefton at the International Offshore Wind Partnering (IPF) Forum […]

  • Cuomo Backs Statoil’s NY Project, Proposes 2.4GW of Offshore Wind by 2030

    11 January 2017
    Authorities, Contracts & Tenders

    In his State of the State address delivered yesterday, New York State Governor Andrew M. Cuomo expressed support for the development of offshore wind power in the lease area for which Statoil won the rights at the government’s lease sale in December, and proposed a commitment to develop up to 2.4GW of offshore wind by 2030. To ensure the […]

  • New York Gives All Clear to Sunrise Wind Transmission Line

    18 November 2022
    Authorities, Grid Connection, Wind Farm Update

    The New York State Public Service Commission has approved a transmission line that will deliver electricity from the Sunrise Wind farm off the coast of Long Island, to the existing electrical grid in New York State. The 25-mile offshore/onshore transmission line will carry electricity from the wind farm to an existing substation in Brookhaven, Suffolk […]

  • US Companies Join Forces on Offshore Wind Substations

    18 November 2022
    Business & Finance

    US-based companies Burns & McDonnell and Bay Ltd. are teaming up to provide engineering, procurement, fabrication, and construction of offshore substations. According to the new partnership, the aim is to help the US reach its offshore wind targets, as well as to address global supply chain challenges for the industry. Burns & McDonnell, which has […]

  • US Offshore Wind to Hit 14 GW by 2030, Missing President Biden’s 30 GW Target – ACP Report

    10 July 2024
    Business & Finance, Industry, Market Outlooks, Outlook & Strategy, Supply Chain

    The American Clean Power Association (ACP) has projected there will be approximately 14 GW of offshore wind capacity deployed by 2030, falling short of the 30 GW goal set by the Biden Administration in 2021. ACP’s recent report also outlines USD 65 billion (approximately EUR 60 billion) in investments and 56,000 jobs in the US […]

  • Ørsted and Eversource Partner with Mystic Aquarium for Offshore Wind and Marine Life Research

    29 November 2022
    Contracts & Tenders, Environment

    Ørsted and Eversource, developers of Connecticut’s first offshore wind farm, Revolution Wind, have entered a multi-year research partnership with a nonprofit organisation Mystic Aquarium to conduct studies of the effects of offshore wind turbines on marine mammals and sea turtles. “Developing more clean, renewable energy is critical in combatting the impacts of climate change on […]

  • CIP Signs Fengmiao 1 Offshore Installation Contracts with Van Oord, CSBC-DEME JV

    13 January 2025
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Project Updates, Supply Chain, Vessels, Wind Farm Update

    Copenhagen Infrastructure Partners (CIP) has contracted the Dutch offshore construction company Van Oord and the joint venture between Belgian offshore construction specialist DEME and Taiwan’s largest shipbuilder CSBC for installation work at the Fengmiao 1 offshore wind farm in Taiwan. Van Oord’s contract covers the transport, installation and burial of the 33 inter-array cables, with […]

  • Ørsted Posts All-Time High Offshore Wind Earnings

    3 May 2023
    Business & Finance

    World’s leading offshore wind developer, Ørsted, has reported DKK 6.9 billion (EUR 926 million) operating profit (EBITDA) for the first quarter of 2023, DKK 2.5 billion less compared to the same period a year earlier. EBITDA excluding new partnerships in Q1 2023 was DKK 0.9 billion lower than Q1 2022, as Q1 2022 was positively […]

  • Ørsted and Eversource Charter Newbuild CTV Fleet in USA

    28 January 2022
    Contracts & Tenders, Jobs & Recruitment, Operations & Maintenance, Vessels

    Ørsted and Eversource have selected two vessel operators in Northeast US that will partner with Rhode Island shipyards to build crew transfer vessels (CTVs) serving the two companies’ offshore wind farms in the region. Joint venture partners Ørsted and Eversource will charter five new offshore wind CTVs from New York-based WindServe Marine and Massachusetts-based American […]

  • New York Showdown Imminent as Big Names Submit Their Offshore Wind Bids

    27 January 2023
    Authorities, Business & Finance, Contracts & Tenders

    New York’s third competitive offshore wind solicitation has attracted bids from a number of major players including Ørsted and Eversource, Equinor and bp, RWE and National Grid, Invenergy and energyRe, and Rise Light & Power, among others. In July of 2022, New York’s Governor Kathy Hochul announced New York’s third competitive offshore wind solicitation for […]

  • Equinor Secures USD 3 Billion for New York City’s First Offshore Wind Farm

    3 January 2025
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Equinor has secured a project financing package of over USD 3 billion (approximately EUR 2.9 billion) and reached financial close on Empire Wind 1, the first offshore wind farm to connect to New York City’s grid, which is already under construction after Equinor made a final investment decision (FID) on the project earlier this year. […]

  • Hexicon Signs Second Credit Facility Extension to Support Company During Planned Divestments

    3 January 2025
    Business & Finance, Floating Wind

    Swedish floating wind developer Hexicon has extended a credit facility the company secured earlier to provide support during a period of planned divestments until 30 June 2025. For financing, which amounts to SEK 75 million (approximately EUR 6.6 million), Hexicon signed an agreement with Wallstreet Aktiebolag, part of the Wallenius Group, and a group of […]