UK-headquartered Ocean Geophysics and Slovenia-based HighTide have entered into a joint venture (JV) agreement to combine their seabed and data solutions for offshore wind, cable and pipeline installation, and oil & gas. As part of the partnership, the renewable energy industry suppliers will combin
Japanese shipping major Mitsui O.S.K. Lines (MOL) has received approval in principle (AiP) from compatriot classification society ClassNK for the basic design of specialized vessels for subsea power cable jointing and burial. MOL is working with Sumitomo Electric Industries, Furukawa Electric, and N
Ørsted has signed an agreement with Cathay Life Insurance, and its affiliate Cathay Power, under which Cathay will acquire a 55 per cent ownership stake of Ørsted’s 632 MW Greater Changhua 2 offshore wind farm. Located approximately 50–60 kilometres off the coast of Changhua County, the Greater Chan
Ocean Winds, the 50:50 joint venture owned by EDPR and ENGIE, and Allianz Global Investors have completed the transaction through which Allianz acquired a 20.25 per cent stake in the îles d’Yeu & Noirmoutier offshore wind farm in France. The global investor bought the minority stake for an equity va
Singapore-based Seatrium Limited and Phoenix II A/S, an affiliate of Maersk Offshore Wind, have settled their dispute over a Wind Turbine Installation Vessel (WTIV) ordered at Seatrium by Maersk, with Maersk agreeing to accept the delivery of the vessel next year. Back in early October, Maersk termi
UK-headquartered Tekmar Group has secured a contract worth over EUR 8 million with an existing engineering, procurement and construction (EPC) customer for its cable protection system (CPS) to be deployed at a UK offshore wind farm. Tekmar will deliver its 10th-generation CPS and associated ancillar
ScottishPower Renewables has selected Nexans as the supplier of 66 kV accessories for the East Anglia Three offshore wind project in the UK. Under the contract, Nexans will deliver T-connectors, bushings, junction boxes and cable lugs, and pre-terminated power cables, which the company says are all
Ocean Infinity has taken delivery of the 14th and final vessel in its Armada fleet, ordered in 2020 as a fleet of next-generation robotics-equipped, low-emission vessels for geophysical and geotechnical surveys. The latest delivery completes the 86-metre class of Armada vessels, following the introd
Norwegian state enterprise Enova, owned by the Ministry of Climate and Environment, has launched a call for applications for a competition round to award funding to small-scale floating wind projects. Projects that can apply are those looking to test and demonstrate new solutions that can lower the
The Netherlands-based exploration and production player ONE-Dyas, together with its partners EBN and Tenaz Energy, has tucked a new decarbonisation milestone under its belt by breathing life into the first natural gas production platform in the Dutch and German sectors of the North Sea to run on off
Jumbo Offshore has signed two contracts for the transport and installation of transition pieces (TPs) for an upcoming offshore wind farm development, the company said via social media on 12 December, leaving the project and the client unnamed. In addition to transport and installation (T&I), Jumbo w
The Crown Estate, through its Supply Chain Accelerator programme, has awarded GBP 13 million (nearly EUR 15 million) to 16 UK offshore wind supply chain projects in the early stage of development to help de-risk them and accelerate their path to the market. The second round of the Supply Chain Accel
A federal judge has struck down the US President Donald Trump’s indefinite halt of all federal approvals and permitting for new wind energy projects. In a ruling on 8 December, Judge Patti Saris of the US District Court for the District of Massachusetts ruled in favour of 17 US states and the Distri
The European Investment Bank (EIB) has approved a EUR 300 million financing package for Prysmian that will support the Italian cabling giant’s research and development (R&D) activities with the ultimate goal of accelerating energy security and digitalization in Europe. The financing will support Pry
