Vard, a Norwegian subsidiary of the Fincantieri Group, has signed a contract for the design and construction of a commissioning service operation vessel (CSOV) for Navigare Capital Partners. The new unit, based on the VARD 4 19 design, will be delivered in the second quarter of 2027 from Vard’s ship
Norway’s Edda Wind has signed charter contracts for two of its newbuilds, with commencement immediately following yard delivery in November 2024 and the second quarter of 2025 for C503 and NB967, respectively. The first contract is related to the vessel C503, to be named Vestri Enabler, which is exp
Acteon, a global provider of marine energy and infrastructure services, has signed a non-exclusive memorandum of understanding (MoU) with TAISEI Corporation to collaborate on floating offshore wind projects in Japan by utilising each other’s skills and services. For TAISEI’s floating offshore wind p
The Norwegian government has proposed NOK 35 billion (approximately EUR 3 billion) for a support scheme dedicated towards the first commercial floating offshore wind tender within the Vestavind F and Vestavind B areas. According to the press release, the government is making progress in following up
Norway-headquartered Equinor has acquired a 9.8 per cent minority stake in Denmark’s Ørsted, making it the second-largest shareholder behind the Danish state, which holds a controlling stake in the company. According to Equinor, the company is supportive of Ørsted’s strategy and management and is no
TotalEnergies has signed an agreement with RWE to acquire a 50 per cent stake in two offshore wind projects in the German North Sea. The two projects, N-9.1 and N-9.2, located 110 kilometres off the German coast, were awarded to RWE in August 2024. The concession will run for a term of 25 years, ext
BlueFloat Energy has signed agreements with the Ship and Ocean Industries R&D Center (SOIC) and the CR Classification Society to advance development in Taiwan’s floating offshore wind sector. Additionally, the company formalized a memorandum of understanding (MoU) with National Taiwan University’s O
ESB and the University of Highlands and Islands (UHI) Shetland have signed a memorandum of understanding (MoU) concerning the 500 Stoura floating offshore wind farm in Scotland. The main areas of focus will be education, data sharing, research, and long-term environmental monitoring. Both organisati
Japanese “K” Line Wind Service (KWS) and Singapore-headquartered EGS Survey (EGS) have established a joint venture company specialising in offshore geo-surveys which recently completed its first survey contract for the Happo-Noshiro offshore wind project. At the Happo-Noshiro site(s), located off th
Some 900 jobs in GE Vernova’s offshore wind business unit could be lost as the company plans to downsize the business. “On September 19, we submitted a proposal to the GE Vernova European Works Council related to proposed changes in our Offshore Wind business globally. The proposal reflects industry
Australia-based offshore wind and renewable energy investor Macquire is reportedly considering the sale of its offshore wind portfolio company Corio Generation. Reuters reported on 1 October that Macquarie had engaged advisors for a potential sale of Corio, citing sources with knowledge of the matte
Axess Technologies has secured a cable installation contract with HSM Offshore Energy for the Thor offshore wind farm located off the Danish west coast. The scope of work includes project management, engineering, pulling, terminating, and testing the internal platform cables into the Thor offshore s
Vattenfall has signed a multi-year framework contract with Van Oord for the charter of the jack-up vessel, MPI Resolution, which has allowed the company to expand its offshore turbine servicing capabilities. According to Vattenfall, the contract guarantees the vessel’s availability for several month
RWE has signed a capacity reservation agreement with the German company Steelwind Nordenham, for the production of up to 300 monopile foundations for its future offshore wind projects in Europe. Under the agreement, Steelwind will reserve capacity at its German monopile production facility in Norden
