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Business & Finance

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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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year ago
DEME’s New Offshore Construction Vessel to Be Built in China, Delivery in 2028
Business & Finance

DEME’s New Offshore Construction Vessel to Be Built in China, Delivery in 2028

DEME Group has ordered a new offshore construction vessel (OCV) that will be capable of performing trenching, burial, and cable-laying operations and is set to have a methanol-ready propulsion design for future fuel flexibility. The OCV will be constructed by PaxOcean at the Zhoushan shipyard in Chi

about 1 year ago
New Prysmian Cable Layer Closer to Launch as Hull Comes Together
Business & Finance

New Prysmian Cable Layer Closer to Launch as Hull Comes Together

Italian cabling giant Prysmian Group has completed the hull erection of its new cable laying vessel (CLV), bringing it closer to launch. The DP3 Alessandro Volta will be equipped with three carousels for a total load capacity of 19,000 tonnes, with the system of tensioners able to sustain a maximum

about 1 year ago
Tahkoluoto, Finland's first offshore wind farm
Business & Finance

Metsähallitus Picks Arenso for Offshore Wind EIA Work in Finland

Finnish state-owned enterprise Metsähallitus has selected Arenso Oy to carry out the technical planning of the environmental impact assessment (EIA) programme phase of the Ebba offshore wind project in Finland. The planning work will commence in autumn 2025. Arenso is responsible for the early-stage

about 1 year ago
Elwind EU co-funding
Business & Finance

ELWIND Taps Dutch Company for Grid Connection and Cable Route Study

ELWIND, a joint Estonian-Latvian offshore wind project, has signed a contract with the Dutch company Haskoning to carry out a strategic cable and network configuration study for the planned offshore wind farm areas in both countries. The study will be conducted by Haskoning, together with its subsid

about 1 year ago
Entrion Wind Global Maritime
Business & Finance

Partnership Launched to Advance Deep-Water Monopile Tech Off UK Coast

Entrion Wind has signed a memorandum of understanding (MoU) with Global Maritime to advance its Fully Restrained Platform (FRP) monopile foundation technology through a planned demonstration project in the UK waters. Under the MoU, Global Maritime will provide transportation and installation (T&I) e

about 1 year ago
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