Ørsted has entered into an agreement with Apollo-managed funds (Apollo) for a 50 per cent equity ownership share in the company’s 2.9 GW Hornsea 3 offshore wind farm in the UK. The total value of the transaction is approximately DKK 39 billion (about EUR 5.2 billion), and the total project investmen
The UK’s Peel Ports Group has decided to invest a further GBP 10 million (approximately EUR 11.3 million) into its Great Yarmouth site, which is being rebranded as the Port of East Anglia. The newly announced GBP 10 million brings this year’s total investment to GBP 70 million across the site and wi
Over a two-year period, Wescott Industrial Services – specialists in integrated industrial solutions such as access and protective coatings – successfully delivered a major coating repair campaign on all 102 Main Access Platform (MAP) cranes on the East Anglia ONE offshore wind farm. The campaign wa
UK-headquartered Acteon and Taiwan-based marine solutions provider Wynnergy Marine have signed a strategic Memorandum of Understanding (MoU) to jointly deliver renewable energy projects across the region. The partnership supports offshore wind growth in Taiwan by providing integrated solutions that
The Offshore Renewable Energy (ORE) Catapult, in partnership with the North East Combined Authority, is investing GBP 2.1 million (around EUR 2.4 million) in a new offshore wind cable testing rig at its facilities in Blyth in North East England. Funded by the North East Combined Authority, the inves
[CORRECTION NOTE: The article initially implied that the jack-up rig would be deployed on Dogger Bank Wind Farm for GE Vernova. The updated article notes two projects in the UK North Sea in which GE Vernova is currently engaged: Sofia and Dogger Bank Wind Farm.] Valaris has been awarded a contract f
The UK government has set a total budget of GBP 1.08 billion (approximately EUR 1.24 billion) for offshore wind and floating wind in the Contracts for Difference (CfD) Allocation Round 7 (AR7) renewables auction. A total of GBP 900 million has been set for fixed-bottom projects in Pot 3, with delive
Following the termination of Petrofac’s scope of work on the 2 GW offshore grid connection programme in the Netherlands by the Dutch TSO TenneT, the UK engineering and consultancy provider has filed for administration. In an update on 27 October, Petrofac said the Directors of Petrofac Limited, the
The offshore substation topside for the East Anglia Three offshore wind farm has been installed, with commissioning work expected to start at the beginning of November. According to a weekly notice of operations issued by ScottishPower Renewables, which is building the 1.4 GW offshore wind farm, the
Singapore’s Seatrium has received a notice of arbitration from Maersk Offshore Wind concerning the dispute over the termination of a contract for a wind turbine installation vessel (WTIV), planned to be deployed on Equinor’s Empire Wind offshore wind project in the US. Seatrium Energy International
Norwegian shipbuilder Vard has ordered two sets of mission equipment from the Netherlands-based SMST for two of North Star’s newbuild service operation vessels (SOVs), which will serve RWE under a long-term charter agreement. The new contract follows an equipment order SMST received from Vard in 202
The UK government has set out its first Clean Energy Jobs Plan, outlining how it intends to recruit and train workers to meet growing demand across the clean power sector, including thousands of new roles in offshore wind. The Department for Energy Security and Net Zero (DESNZ) said the clean energy
Iberdrola has begun exploring the sale of 49 per cent of its East Anglia Two offshore wind farm project in the UK, according to a report by the Spanish media outlet Cinco Días citing unnamed sources. The renewable energy developer has already engaged Bank of America and BBVA as financial advisors to
