Dutch Fugro has realigned its operations in the Americas by reducing its workforce and scaling back operations due to expected lower revenues caused by a pause in new offshore wind projects. In the financial update for the first quarter of 2025, Fugro stated that rapidly increased geopolitical and e
Despite uncertainty about US markets, one thing is for sure: Norwegian companies still believe in both short-term and long-term opportunities in US offshore wind. Norwegian offshore wind suppliers, including Autronica, DOF and Uptime International, are forging ahead with plans to expand their activi
France will fail to meet its offshore wind installation target unless it streamlines permitting and creates a more favourable investment climate, according to new research from the Institute for Energy Economics and Financial Analysis (IEEFA). Despite carrying out numerous tenders since 2011, France
We are glad to unveil our partnership with GS Entec for the supply of two huge plate rolling machines (equipped with all the accessories that are needed), marking a new chapter in offshore wind power structures. Introducing GS Entec: a leader in offshore wind powerGS Entec has established itself as
It’s no secret that in 2025, a few stubborn obstacles have slowed the anticipated pace of floating offshore wind development. Some are economic, while others are bureaucratic. But the hurdles only serve to motivate Norwegian wind energy companies, which are tackling industry challenges one innovatio
The Offshore Renewable Energy (ORE) Catapult, in partnership with the National Shipbuilding Office and The Crown Estate, has appointed Cammell Laird, part of APCL Group, to carry out a detailed analysis of the future market opportunity for UK-built service operation vessels (SOVs) for offshore wind.
According to research from Norway-headquartered Rystad Energy, the global offshore wind industry is set for a rebound in 2025, with capacity additions expected to reach 19 GW and sector-wide expenditure projected to hit USD 80 billion (approximately EUR 76 billion). A record wave of lease auctions i
The Danish Energy Agency (DEA) has published results from its survey into the lack of bids for the recent 3 GW offshore wind tender in the North Sea. The companies pointed out that, despite generally very good locations in Denmark, with good wind and seabed conditions, they were unable to make a sat
The European Union has unveiled the Clean Industrial Deal, a transformational business plan outlining concrete actions to turn decarbonisation into ‘a driver of growth‘ for European industries by supporting renewable energy sources. Specifically, the plan aims to lower energy prices, create ‘quality
Italy’s engineering, drilling, and construction services giant Saipem has signed a memorandum of understanding (MoU) for the possible merger with global energy player Subsea7. The two players reached an agreement in principle on the key terms of a possible merger, which is expected to result in the
British-owned Pritchard-Gordon Group has expanded into the European offshore wind and marine energy sectors with the launch of PG Renewables, a company focused on offshore and nearshore unexploded ordnance (UXO) clearance. According to the Pritchard-Gordon Group, PG Renewables aims to support offsho
Innovation in wind energy has been one of the main pillars driving the upscale of the sector, enabling better components, larger and stronger turbines, faster and more cost-effective logistics, but what about its integration into tenders? Innovative approaches in tender designs can have a major impa
In 2024, the transmission system operator (TSO) TenneT delivered approximately 20.8 TWh of wind energy from the German North Sea to the mainland, up from 19.24 TWh the previous year. According to the company, the annual result in 2024 is around eight per cent higher than in the previous year. The am
Energy islands are no longer being considered in the Netherlands. Instead, the focus has been shifted to offshore energy hubs and interconnectors. With rising (cyber)security concerns as a result of a number of recent incidents in European waters, as well as the Russia-Ukraine war, diversification o
