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
A consortium led by ArianeGroup, an industrial company handling liquid hydrogen (LH2) for space applications, has launched a new project to develop solutions for storing and using LH2 as an energy carrier for maritime transport. The solution will be integrated into a new zero-emission service operat
French energy major TotalEnergies and compatriot industrial gas supplier Air Liquide have signed agreements to develop projects for offshore wind-powered production and delivery of green hydrogen. The agreements cover two projects for the production of some 45,000 tonnes a year of green hydrogen usi
The Government of Canada has joined the Global Offshore Wind Alliance (GOWA). The governments of two Canadian provinces, Nova Scotia and Newfoundland and Labrador, have also become GOWA members as subnational governments. In a press release on 13 February, the Canadian government said joining GOWA d
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
Global Underwater Hub (GUH) has launched a new initiative to tackle subsea cable reliability, a critical factor in offshore wind development, as the UK pushes to meet its clean energy targets. The industry body, representing the UK’s GBP 9.2 billion (around USD 11.3 billion) underwater sector, has p
Source Galileo, developer of the PortWind project in the English Channel, has signed a non-exclusive memorandum of understanding (MoU) with Portland Port to work together to maximise opportunities for offshore wind development off the Dorset coast. Under the MoU, Source Galileo and Portland Port wil
When it comes to floating offshore wind, Norway and Japan are an ideal match for business collaboration. While Norway is the global leader in floating wind energy, Japan has high ambitions to develop its own floating offshore wind industry. “With unique expertise in marine operations, Norwegian comp
The global capacity of fully operational offshore wind farms has reached 80.9 GW, according to RenewableUK, whose new report also shows China is leading in total operational capacity, new capacity installed in 2024, as well as in the capacity of the project pipeline. The global operational offshore
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
Norway-based energy data and intelligence company, TGS, has secured a contract for offshore wind site characterisation on the UK continental shelf for a repeat client. According to TGS, the project is set to last around 60 days and will begin in the first quarter of 2025. The Ramform Vanguard will b
Greece’s Motor Oil and Terna Energy, a subsidiary of Masdar Group, have teamed up for the development of the first offshore wind farm in Greek waters. The procedures for the participation of the Motor Oil Group, through its subsidiary Motor Oil Renewable Energy (MORE), with a 50 per cent stake in th
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
China’s first dedicated long-range heavy subsea cable transport barge has completed its inaugural mission at an offshore wind project and will undergo maintenance before embarking on a new mission. Chinese power cable specialist Orient Cable launched the barge named Dongfang Haigong 07 (DFHG 07) in
