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Business & Finance

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Incheon POSCO Ørsted
Business & Finance

Ørsted Partners with South Korean Steelmaking Giant on 1.4 GW Incheon Wind Project

Ørsted has signed a Memorandum of Understanding (MoU) with South Korea’s steelmaking giant POSCO Group to explore a partnership on the 1.4 GW Incheon offshore wind project. Under the agreement, POSCO Group will explore supplying high-strength steel for offshore wind foundations and towers while coll

about 11 months ago
UXO NjordIC Zeevonk
Business & Finance

NjordIC to Tackle UXO Risks at Vattenfall and CIP’s Dutch Offshore Wind Farm

NjordIC has been awarded a contract to provide unexploded ordnance (UXO) consultancy services for the Zeevonk offshore wind farm in the Netherlands. NjordIC will provide a full range of UXO consultancy services, including the interpretation of geophysical data, supervision and support during UXO ide

about 11 months ago
Ørsted Port of Tyne
Business & Finance

Ørsted Picks Marshalling Port for Hornsea 3 Offshore Wind Farm

Ørsted has chosen the Port of Tyne’s Tyne Clean Energy Park in South Shields as the marshalling base for its 2.9 GW Hornsea 3 offshore wind farm in the UK. The Denmark-headquartered Cadeler will use the 100,000-square-metre site to marshal secondary steel components for the offshore wind farm before

about 11 months ago
JB Energy FibreMax
Business & Finance

JB Energy, FibreMax Sign Floating Offshore Wind MoU

The Japanese offshore engineering and consulting company, Japan Blue Energy (JB Energy), has signed a Memorandum of Understanding (MoU) with FibreMax to strengthen collaboration on synthetic mooring line solutions for JB Energy’s Raijin Float offshore wind design. The Raijin Float is a semi-submersi

about 11 months ago
Green Jade CDWE Formosa 4
Business & Finance

DEME Affiliate Wins Formosa 4 Transportation and Installation Contract

Synera Renewable Energy has signed a contract with CSBC-DEME Wind Engineering (CDWE) for the transportation and installation of 35 turbine foundations and the offshore substation, as well as scour protection works for the Formosa 4 offshore wind farm in Taiwan. Among the fleet to be deployed by CDWE

about 11 months ago
Bowdun supply chain
Business & Finance

Bowdun Offers GBP 1 Billion Supply Chain Opportunity to Scottish Oil & Gas Firms

Bowdun, a 1 GW offshore wind farm being developed by Thistle Wind Partners (TWP), has launched an initiative to unlock a GBP 1 billion (approximately EUR 1.1 billion) offshore wind opportunity for Scottish oil and gas supply chain companies to diversify into renewables. Bowdun will work with its par

about 11 months ago
Construction Starts on Methanol-Ready Subsea Rock Installation Vessel for Offshore Wind
Business & Finance

Construction Starts on Methanol-Ready Subsea Rock Installation Vessel for Offshore Wind

Rotterdam-based CSL OWL Subsea Rock Installation (CSL OWL SRI), a partnership between The CSL Group and Offshore Wind Logistics (OWL), has commenced construction of its first subsea rock installation (SRI) vessel. The company announced in November 2024 that it had placed an order for the constructio

about 11 months ago
RWE Awards Semco Maritime German Offshore Maintenance Contract
Business & Finance

RWE Awards Semco Maritime German Offshore Maintenance Contract

RWE has awarded Semco Maritime with a framework agreement for the maintenance of German offshore substations. The agreement, commencing in September 2025, will continue through 2027 and includes a two-year extension option. Semco Maritime’s scope of work includes scheduled and unscheduled maintenanc

about 11 months ago
Cadeler Wind Ally
Business & Finance

Cadeler Takes Delivery of Wind Ally, Set for First Mission at 2.9 GW Hornsea 3 Project in UK

Cadeler has taken delivery of its first A-class vessel, Wind Ally, which will begin operations installing foundations at Ørsted’s Hornsea 3 offshore wind farm in the UK North Sea following mobilisation. The new vessel has been under construction for two years at the Cosco shipyard in Qidong, China.

about 11 months ago
Centre Manche 2 TotalEnergies RWE
Business & Finance

TotalEnergies-RWE Consortium Wins France’s Largest Offshore Wind Tender as RWE Signals Exit

A consortium between TotalEnergies and RWE has won the Centre Manche 2 tender to develop a 1.5 GW offshore wind farm off the coast of Normandy, making it the largest renewable energy initiative in France to date. As part of a strategic review of its investment, RWE has expressed the wish to exit the

about 11 months ago
TenneT Holding Germany
Business & Finance

Three Institutional Investors Back TenneT’s German Unit in EUR 9.5 Billion Deal

TenneT Holding has reached an agreement with APG (acting on behalf of pension fund ABP), Norges Bank Investment Management (NBIM), and the Singapore sovereign wealth fund GIC to invest a total of EUR 9.5 billion in the German transmission system operator (TSO). The three institutional investors are

about 11 months ago
EnBW Selects Helicopter Providers for Offshore Wind Farms in German North Sea
Business & Finance

EnBW Selects Helicopter Providers for Offshore Wind Farms in German North Sea

EnBW has selected HTM Helicopter Travel Munich and HeliService to provide helicopter transport services for the company’s offshore wind farms in the German North Sea. HTM Helicopter Travel Munich and HeliService were selected to provide aerial and related services for EnBW’s Hohe See, Albatros, and

about 11 months ago
Elia and 50Hertz Seeking GIS Provider for Offshore and Onshore Substations
Business & Finance

NextGeo Pens Eight-Year Deal with 50Hertz for Seabed Surveys Offshore Germany

Next Geosolutions (NextGeo) has entered into an eight-year framework agreement with the German transmission system operator (TSO) 50Hertz to provide geotechnical seabed survey services for offshore substation development. Under the agreement, valued at multiple million euros annually over eight year

about 11 months ago
Glamox Wins Largest Offshore Lighting Project for TenneT’s 2 GW HVDC Platforms
Business & Finance

Glamox Wins Largest Offshore Lighting Project for TenneT’s 2 GW HVDC Platforms

Glamox has secured contracts to provide connected marine lighting and light management systems for eleven offshore High-Voltage Direct Current (HVDC) converter platforms, being built for the Dutch/German transmission system operator (TSO) TenneT. The contracts represent Glamox’s largest marine light

about 11 months ago
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