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Business & Finance

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Global Underwater Hub, Scottish Enterprise Team Up to Support Floating Wind Supply Chain
Business & Finance

Global Underwater Hub, Scottish Enterprise Team Up to Support Floating Wind Supply Chain

Global Underwater Hub (GUH) and Scottish Enterprise have signed a memorandum of understanding (MoU) to collaborate on establishing a subsea supply chain ecosystem as a global centre of excellence for floating wind. The partners said on 18 February that the floating wind market was estimated to be wo

about 1 year ago
Neil Gordon, CEO of GUH.
Business & Finance

New Taskforce Enters Subsea Scene to Enhance Cable Performance for Offshore Wind

Global Underwater Hub (GUH) has launched a new initiative to tackle subsea cable reliability, a critical factor in offshore wind development, as the UK pushes to meet its clean energy targets. The industry body, representing the UK’s GBP 9.2 billion (around USD 11.3 billion) underwater sector, has p

about 1 year ago
Inch Cape
Business & Finance

UK Company to Deliver Davit Cranes for Inch Cape Offshore Wind Farm

The developer of the Inch Cape offshore wind farm has awarded a contract to UK-based Granada Cranes to provide 72 davit crane units on one of Scotland’s largest offshore wind projects. Granada Cranes has been contracted to design and supply two separate types of davit cranes, each to suit the mixed

about 1 year ago
Source Galileo
Business & Finance

Source Galileo, Portland Port Partner for UK Offshore Wind Project

Source Galileo, developer of the PortWind project in the English Channel, has signed a non-exclusive memorandum of understanding (MoU) with Portland Port to work together to maximise opportunities for offshore wind development off the Dorset coast. Under the MoU, Source Galileo and Portland Port wil

about 1 year ago
Half of Global Operational Offshore Wind Capacity in China
Business & Finance

Half of Global Operational Offshore Wind Capacity in China

The global capacity of fully operational offshore wind farms has reached 80.9 GW, according to RenewableUK, whose new report also shows China is leading in total operational capacity, new capacity installed in 2024, as well as in the capacity of the project pipeline. The global operational offshore

about 1 year ago
Seaway7 Awards Trenching Services Contract for Hornsea 3 Offshore Wind Farm in UK
Business & Finance

Seaway7 Awards Trenching Services Contract for Hornsea 3 Offshore Wind Farm in UK

Seaway7, part of the Subsea7 Group, has awarded Houston-headquartered Helix Robotics Solutions a contract for the burial of inter-array cables at the Hornsea 3 offshore wind farm site in the UK. The contract is expected to last over 300 days and is scheduled to commence in the third quarter of 2026.

about 1 year ago
interocean UK offshore wind
Business & Finance

BP, EnBW Tap Interocean for Work on UK Offshore Wind Projects

Interocean Marine Services (Interocean) has secured a three-year contract to provide marine vetting and assurance to the Morgan, Mona, and Morven offshore wind projects in the UK. According to Interocean, the company has an extensive track record in delivering complex offshore projects across the of

about 1 year ago
north star dogger bank
Business & Finance

Final Dogger Bank Service Operation Vessel Delivered

UK-headquartered North Star has named and delivered its latest service operation vessel (SOV), completing its fleet of vessels chartered for long-term service at the 3.6 GW Dogger Bank offshore wind farm. The Grampian Tweed is the fourth SOV introduced ahead of schedule to support the Dogger Bank of

about 1 year ago
A photo of Navantia-Harland & Wolff team at Harland & Wolff's shipyard in Belfast
Business & Finance

Navantia Takes Over Harland & Wolff

Navantia UK has acquired the British shipbuilder Harland & Wolff and its operations across four sites: Belfast in Northern Ireland, Appledore in the South West of England, and Methil and Arnish in Scotland. The British subsidiary of the Spanish shipbuilder and offshore wind foundation manufacturer r

about 1 year ago
Tidal transit south korea
Business & Finance

Tidal Transit Signs South Korean Offshore Wind MoU

UK-headquartered Tidal Transit has signed a memorandum of understanding (MoU) with Singapore’s Britoil Offshore Services and Sky Offshore to develop, fund, build, and operate offshore support vessels for the South Korean offshore wind industry. South Korea has set a nationwide goal of reaching 14.3

about 1 year ago
Tekmar Gets Offshore Wind Order from Japan
Business & Finance

Tekmar Bags GBP 5 Million CPS Contract for UK Offshore Wind Project

Tekmar Group has been awarded a contract for the delivery of its cable protection system (CPS) and associated ancillaries for a UK-based offshore wind project. The contract is valued in the region of GBP 5 million (approximately EUR 6 million). The UK-based company will be responsible for the design

about 1 year ago
After Maiden Job in the Netherlands, China’s First Subsea Cable Shuttle Barge Going to UK
Business & Finance

After Maiden Job in the Netherlands, China’s First Subsea Cable Shuttle Barge Going to UK

China’s first dedicated long-range heavy subsea cable transport barge has completed its inaugural mission at an offshore wind project and will undergo maintenance before embarking on a new mission. Chinese power cable specialist Orient Cable launched the barge named Dongfang Haigong 07 (DFHG 07) in

about 1 year ago
Belfast Harbour
Business & Finance

Offshore Wind at Heart of Belfast Harbour’s New Upgrade Strategy

Belfast Harbour has revealed plans to invest more than GBP 300 million (approximately EUR 354 million) in capital projects across the port and Harbour Estate over the next five years to support the offshore wind industry and cruise tourism. The Advance Regional Prosperity 2025-2029 strategy outlines

about 1 year ago
Netherlands Looking at Offshore Hubs and Interconnectors, Where Does Hydrogen Stand?
Business & Finance

Netherlands Looking at Offshore Hubs and Interconnectors, Where Does Hydrogen Stand?

Energy islands are no longer being considered in the Netherlands. Instead, the focus has been shifted to offshore energy hubs and interconnectors. With rising (cyber)security concerns as a result of a number of recent incidents in European waters, as well as the Russia-Ukraine war, diversification o

about 1 year ago
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