Marco Polo’s first commissioning service operations vessel (CSOV), named Wind Archer, has started generating income for the Group after being deployed for work in mid-April, the Singapore-based company said in a financial update on 18 August. In September 2022, Marco Polo Marine unveiled plans to bu
Japanese offshore wind developer ENEOS Renewable Energy (ERE) has entered into an agreement with Shoreline Wind, a Norwegian provider of SaaS solutions for the wind energy industry, to deploy Shoreline’s AI-powered platform to optimise construction and O&M of its offshore wind projects. According to
The US subsea engineering and applied technology firm Oceaneering International has secured a GBP 400,000 (around EUR 465,000) grant from Scotland’s economic development agency Scottish Enterprise for a project that aims to add manufacturing capacity for subsea power cables destined for Scottish off
Enefit Green has agreed with Japan’s Sumitomo Corporation to terminate their partnership in the development of the Liivi Bay offshore wind farm in Estonia. The decision follows thorough joint discussions on the offshore wind outlook in Estonia and assessment of the current market and regulatory cond
Scotland’s Port of Cromarty Firth has received marine and dredge licences from Scottish ministers for its GBP 111 million (approximately EUR 129 million) phase 5 expansion project. The approval allows construction of a new 400-metre quay extension and associated dredging and land reclamation works t
Ørsted plans to launch a rights issue with pre-emptive rights for existing shareholders to raise DKK 60 billion (around EUR 8 billion) in gross proceeds, most of which will go to funding the construction of the Sunrise Wind offshore wind project in the US, which the company cannot partially divest a
Massachusetts Department of Energy Resources (DOER) does not expect the Round 5 Request for Proposals (RFP) for offshore wind to be issued until next year, at the earliest, due to uncertainty at the federal level. In a letter to the state’s Department of Public Utilities (DPU), dated 7 August, DOER
Synera Renewable Energy (SRE) has awarded a 15-year contract to Dong Fang Offshore (DFO) to support the operations and maintenance (O&M) of SRE’s fleet of assets, starting with the Formosa 4 offshore wind project in Taiwan. Under the contract, which is the longest of its type in Taiwan’s offshore wi
Scanel Green Energy has been awarded a contract by CS Wind Offshore for the electrical outfitting of transition pieces for Vattenfall’s Nordlicht 1 offshore wind farm in the German North Sea. As part of the agreement, Scanel will be responsible for the entire electrical installation scope. CS Wind O
The Export and Investment Fund of Denmark (EIFO) is providing a GBP 500 million (approximately EUR 576 million) finance guarantee to support the development of ScottishPower Renewables’ East Anglia Three offshore wind farm in the UK. EIFO was invited exclusively by Iberdrola to participate in the of
EnBW has issued a tender inviting bids for periodic subsea inspection services at its offshore wind farms in the Baltic Sea and North Sea. The maximum value of the framework agreement is EUR 6 million. The contracts are expected to run from 1 April 2026 to 31 March 2031, with the option of up to [&h
Dutch Fugro has secured a geotechnical site investigation contract for the 700 MW Youde offshore wind farm in Taiwan. Under the contract, Fugro will deliver comprehensive geotechnical services to support the development of the Youde project, owned by Shinfox Energy. “By leveraging our ISO-accredited
