Green hydrogen technology developer Lhyfe and the offshore engineering and shipbuilding company Chantiers de l’Atlantique have signed a Memorandum of Understanding on the development of offshore hydrogen production platforms. The two companies will collaborate on offshore renewable hydrogen producti
The merger between Aker Offshore Wind (AOW) and Aker Horizons is expected to be completed after close of trading on the Oslo Stock Exchange on 17 June, which accordingly will be the last day of trading in the AOW shares on Euronext Growth Oslo, the company said in its latest trading update. As annou
The Norwegian Solstad Offshore, DeepOcean and Østensjø have teamed up to fast-track the adoption of remotely managed services with the aim of reducing operating costs and emissions for the offshore energy industry. The companies have established two joint ventures (JVs) to support the remote operati
BP has appointed Richard Sandford, now former Director of Offshore Development Europe at RWE Renewables, to lead its offshore wind business in the UK. According to information shared on social media, Sandford will start at his new position next month. BP, together with its partner EnBW, has 3 GW of
Semco Maritime has acquired a 20 per cent stake in the services solutions and personnel provider CPower Energy, with both companies forming a strategic partnership to help grow the offshore wind sector. According to Semco Maritime, the partnership will target substantial growth opportunities in the
Ocean Winds has launched OW Brasil, its Brazilian arm working on development opportunities of offshore wind projects in the country, where Ocean Winds has filed for approval to investigate five project sites. As reported earlier in the Premium section on our sister site Offshore Energy, Ocean Winds
Amber Baltic Wind Ltd, a wholly-owned subsidiary of Shell, has submitted proposals for new offshore wind locations in the Polish Baltic Sea zone as part of the government’s latest tender. The sites included in the tender will help deliver Poland’s ambition of reaching 11 GW of installed offshore win
Subsea 7 has updated its Adjusted EBITDA guidance for the full year 2022 following reduced progress on two offshore wind projects and vessel reshuffle at its subsidiary Seaway 7. Seaway 7 announced provisions against the results of project execution of offshore windfarm installations due to increase
Corio Generation, a portfolio company of Macquarie’s Green Investment Group, has revealed plans to develop five offshore wind projects in Brazil with a combined capacity of over 5 GW. Corio intends to develop the five five projects, subject to finalisation of documentation and regulatory approvals,
Corio Generation, a Green Investment Group (GIG) portfolio company, has unveiled plans for a new major 2.5 GW offshore wind project located off the coast of the Australian state of Victoria, named Great Eastern Offshore Wind. If approved for construction following ongoing feasibility studies and con
Wind Catching Systems AS (WCS), the Norwegian developer of a floating wind system using multiple turbines, has completed a Series A investment round of up to USD 10 million led by the venture capital arm of an undisclosed global industrial company. The proceeds from the Series A financing will be us
Energy project developers and businesses with large electrical loads have been invited to express their interest and take part in developing a major renewable energy zone in Australia. This is an excerpt from a Premium article published on our sister site Offshore Energy. You can read the original a
The Business Network for Offshore Wind, in partnership with the Korea SMEs and Startups Agency (KOSME), has launched the US Offshore Wind Pathway Program, designed to support the entry of Korean-based companies into the fast-growing US market. The ten companies that were selected by KOSME are: ACE E
Shannon Foynes Port Company (SFPC) has signed a Memorandum of Understanding (MoU) with Norwegian Offshore Wind as part of plans to transform the Shannon Estuary in Ireland into an international supply chain hub for floating offshore wind. The MoU will enable collaboration between SFPC and offshore w
