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Business & Finance

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Subsea 7 and OHT Combine to Create Pure-Play Offshore Wind Company
Business & Finance

Subsea 7 and OHT Combine to Create Pure Play Offshore Wind Company

Subsea 7 S.A. has agreed to combine its Renewables business unit with Norway’s OHT ASA. Subject to the customary approvals, conditions and relevant employee consultations, the combined company will be renamed Seaway 7 ASA and will initially retain OHT’s listing on Oslo’s Euronext Growth market, with

about 5 years ago
A photo of an offshore wind farm with a part of a coverter station visible on the right
Business & Finance

New Player Enters Offshore Wind SOV Market

The newly-established maritime holding company, Purus Marine, has agreed to acquire a large offshore wind service operation vessel (SOV). The SOV is currently under construction and will deliver directly into a multi-year time charter with a leading European renewable energy company, beginning early

about 5 years ago
A photo of WindFloat Atlantic floating wind farm
Business & Finance

Ocean Winds, Aker Offshore Wind to Jointly Compete in ScotWind Auction

After partnering to develop offshore wind projects in the US and South Korea, Ocean Winds and Aker Offshore Wind have now formed a new partnership to apply for the development of floating wind farms in Scotland’s upcoming seabed leasing round. The two companies will jointly submit the bid to Crown E

about 5 years ago
An image rendering the OO-Star Wind Floater technology
Business & Finance

Ørsted to Bid for Floating Wind Farms Off Scotland

Ørsted, Falck Renewables, and BlueFloat Energy have established a consortium to jointly apply for seabed leases in sites suitable for building large-scale floating wind farms in Scotland’s upcoming ScotWind leasing round. The news comes less than a month after Ørsted revealed its strategic decision

about 5 years ago
A photo of Smulders Projects UK site with jacket foundations for Beatrice offshore wind farm
Business & Finance

SeAH Wind, Smulders Investment in UK to Create 1,000 Jobs

New investments to be made by offshore wind foundation manufacturers SeAH Wind and Smulders, backed by the UK government, in their production facilities in the UK are set to create and safeguard more than 1,000 jobs across the North-East of England and the Humber. The companies’ facilities on the Hu

about 5 years ago
Ramboll Design for Hai Long Jackets
Business & Finance

Ramboll Secures Five Offshore Wind Contracts in Asia

Ramboll announced today (7 July) that it had secured five new contracts for offshore wind farms in Japan, China, Taiwan and South Korea over the last ten months. The contracts cover site condition assessment, project development and design services for offshore wind farms located in Japan, China, Ta

about 5 years ago
BW Ideol
Business & Finance

BW Ideol and ENEOS to Jointly Build Floating Wind Farm Offshore Japan

BW Ideol and Japan’s ENEOS Corporation have signed a joint development agreement to develop a site-specific, commercial-scale floating offshore wind farm off Japan based on BW Ideol’s patented Damping Pool® technology. ENEOS Corporation, Japan’s largest oil refiner and distributor, participated in a

about 5 years ago
REFHYNE PEM Electolyzer at Shell Energy and Chemicals Park Rheinland
Business & Finance

Shell and Uniper Form Green Hydrogen Pact

Shell Gas & Power Developments B.V. and Uniper Hydrogen GmbH have signed a memorandum of understanding to explore accelerating the development of a hydrogen economy in Europe. Under the MoU, the companies intend to find joint opportunities to couple industrial and mobility demand with hydrogen suppl

about 5 years ago
An offshore wind farm
Business & Finance

DNV Wins Project Certification Contract for 1.2 GW OWF in Poland

DNV has been contracted to carry out project certification for the 1.2 GW Baltic Power offshore wind farm in Poland. The project, located some 23 kilometres off the Polish coastline where geotechnical surveys are about to begin, is being developed by PKN Orlen and the Canadian company Northland Powe

about 5 years ago
Triumph Opts For UK-Made Windfarm Development Vessels
Business & Finance

InfraStrata Denies Triumph Subsea’s Claims, Says Triumph Knew in April Its LoI Was Set Aside

After Triumph Subsea Services issued a press release on 1 July stating InfraStrata’s trading update from 30 June contained a misleading statement and erroneous facts on their agreement for the construction of a Windfarm Development Vessel (WDV), InfraStrata issued a response on 5 July denying Triump

about 5 years ago
An image showing the Formosa 4 and 5 projects off Taiwan
Business & Finance

Swancor & Co Set Up ‘Taiwan Team’ to Develop Two New Offshore Wind Farms

Swancor Renewable Energy (SRE) has partnered with Tien Li Offshore Wind Technology, Yeong Guan Energy, and J&V Energy Technology to establish a consortium named ‘Taiwan Team’, which will develop two wind farms off the Taiwanese coast: one with turbines installed on bottom-fixed foundations and one u

about 5 years ago
Lillebælt Syd visualisation on a map
Business & Finance

European Energy Joins Danish 160 MW Nearshore Project

Danish utility company behind the Lillebælt Syd (Little Belt South) nearshore wind farm, Sønderborg Forsyning, is entering into a collaboration with European Energy on the development of the project. Lillebælt Vind, the project development company established by Sønderborg Forsyning, plans to build

about 5 years ago
A photo of Iberdrola's West of Duddon Sands offshore wind farm during construction
Business & Finance

Navantia-Windar to Build XXL Monopile Factory in Spain After Striking EUR 400 Million Deal with Iberdrola

Navantia and Windar announced today (2 July) that they will build a factory for XXL monopiles on the grounds of the Fene shipyard in Spain after Iberdrola closed a framework agreement with the partnered companies for future offshore wind farms, valued at EUR 400 million. The framework agreement betw

about 5 years ago
Triumph Opts For UK-Made Windfarm Development Vessels
Business & Finance

Triumph Subsea and Harland & Wolff’s Wind Farm Vessel Deal Off, Triumph Says InfraStrata’s Statement ‘Misleading’

The Letter of Intent (LoI) for the construction of a Windfarm Development Vessel (WDV) – issued last year by Triumph Subsea Services to InfraStrata plc – has been formally cancelled, Triumph Subsea said after InfraStrata reported the LoI had been set aside as the shipbuilder was not confident the pr

about 5 years ago
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