Air Liquide has signed a long-term Power Purchase Agreement (PPA) with Vattenfall for the Hollandse Kust Zuid offshore wind farm, the first such contract for the 1.5 GW project and also the first PPA Air Liquide signed in the Netherlands. Under a 15-year agreement, Air Liquide will purchase 100 GWh
Integrated Wind Solutions (IWS), a newly established offshore wind service company currently wholly owned by the Awilhelmsen Group, opened a bookbuilding period in relation to private placement of shares on 18 March, ahead of listing on Oslo Stock Exchange, expected to take place around 25 March. Th
TechnipFMC has entered into an agreement with Magnora ASA to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind. In Januray, Magnora revealed it had entered into a partnership to establish the joint venture, but at the time did not disclose t
As announced recently, BW Ideol started trading on Euronext Growth Oslo today (18 March). Upon admission to trading on the stock market, BW Ideol has several shareholders, with BW Offshore controlling about 50 per cent of the shares and thus maintaining a significant influence over matters requiring
Ørsted has awarded ERSG with a contract to supply temporary staff for its offshore wind farms in Germany, following a tender issued in September 2020. The scope of work includes staff for offshore operations and logistics, commissioning, project management roles, QHSE, and engineering, separately fo
Swire Energy Services (SES) and ELA Container Offshore have entered a strategic collaboration that will see the two companies jointly delivering offshore accommodation solutions to the UK offshore energy sector. According to the companies, the new partnership will allow SES to increase its offshore
Aberdeen-based company North Star Renewables has won the tender for the delivery of three service operation vessels (SOVs) for the 3.6 GW Dogger Bank project, which is set to become the world’s biggest offshore wind farm. Under a contract worth approximately GBP 270 million (around EUR 316 million),
Denmark’s Danfoss and Ørsted have signed a corporate power purchase agreement for 27 MW of the capacity of the Horns Rev 2 offshore wind farm. Danfoss, a global industrial manufacturer of energy-efficient solutions, signed a ten-year fixed price CPPA with Ørsted to offtake the portion of the renewab
Tunisian government officials have taken part in an offshore wind training course organized by the Netherlands, representing the country’s first steps towards offshore wind energy. The Dutch Energy Transition Facility (ETF) organized an offshore wind training course for a group of 20 Tunisian govern
Scottish Renewables has urged the Scottish Government to resolve the delay to the ScotWind offshore wind leasing round and keep the process on track before the Parliament election period starts on 25 March. The government recently halted ScotWind leasing, which was already 14 months late, after the
The offshore wind brought the most revenue to Van Oord in 2020, surpassing for the first time the company’s Dredging business. Van Oord recorded EUR 632 million in revenue at its Offshore Wind business in 2020, a 10.7 per cent increase compared to EUR 571 million reported in 2019. The division’s ope
Sif Holding has finalised the takeover of KCI the engineers from Royal IHC, as announced in December 2020, when the companies inked the initial agreement for Sif’s acquisition of the Dutch engineering consultancy company. Financial details of the acquisition have been left undisclosed. KCI, which ba
The Danish Energy Agency has published a discussion paper on the procurement framework for the commercial co-ownership of the Energy Island in the North Sea. The discussion paper contains a number of themes and questions that are relevant to the procurement framework for co-ownership of the Energy I
The private placement of new shares for BW Ideol has been completed ahead of the new company’s listing on the Oslo Stock Exchange in the coming days. A total of NOK 575 million (EUR 57 million) in gross proceeds has been raised: NOK 500 million (EUR 50 million) through the placement of new shares an
