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Outlook & Strategy

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Jan De Nul Orders Twin to XL Cable-Layer Fleeming Jenkin
Outlook & Strategy

Jan De Nul Orders Twin to XL Cable-Layer Fleeming Jenkin

Jan De Nul has ordered a new XL cable-laying vessel (CLV), identical to the Fleeming Jenkin ordered at a Chinese shipyard last year. With a cable-carrying capacity of 28,000 tonnes, the vessels are said to be the largest capacity CLVs in the world. Like Fleeming Jenkin, the new vessel will be 215 me

about 2 years ago
Ørsted Reveals Offshore Wind Plans in South Korea
Outlook & Strategy

Offshore Wind Farms Could Spark EUR 65 Billion Economic Boom in South Korea – Report

The construction of offshore wind farms in South Korea could introduce over 770,000 job opportunities and contribute KRW 87 trillion (approximately EUR 65 billion) worth of investments into the economy, according to two reports from the Global Wind Energy Council (GWEC). GWEC’s new reports reveal th

about 2 years ago
Japanese start building UK's first HVDC cable factory
Outlook & Strategy

Japanese Start Building UK’s First HVDC Cable Factory

about 2 years ago
Scottish Ports Forge Offshore Wind Alliance
Outlook & Strategy

Scottish Ports Forge Offshore Wind Alliance

Ports from across Scotland have launched the Scottish Offshore Wind Ports Alliance (SOWPA) which aims to optimise the opportunities from offshore wind. The alliance comprises 13 ports, including Kishorn Port, the Port of Nigg, Ardersier Port, Port of Cromarty Firth, Port of Inverness, and Scrabster

about 2 years ago
Cyan Renewables Hyundai Asset Management
Outlook & Strategy

Cyan, Hyundai Asset Team Up to Strengthen Supply Chain of South Korea’s Offshore Wind Sector

Cyan Renewables has signed a Memorandum of Understanding (MoU) with Seoul-headquartered Hyundai Asset Management to facilitate the strategic investment in South Korea’s offshore wind supply chain. Under the MoU, Cyan Renewables and Hyundai Asset Management seek to build vessel capacity and strengthe

about 2 years ago
Rovco and Vaarst to Bring On Board Over 150 Subsea Roles by End of 2025
Outlook & Strategy

Rovco and Vaarst to Bring On Board Over 150 Subsea Roles by End of 2025

UK-based providers of tech-powered offshore wind solutions Rovco and Vaarst are planning to recruit over 150 specialist subsea roles across their offices by the end of 2025. Rovco unveiled its intention to recruit over 100 new roles across its Aberdeen and Edinburgh offices by the end of 2025 to sup

about 2 years ago
Masdar Bapco Energies
Outlook & Strategy

Masdar, Bapco Energies Eye 2 GW of Wind Projects Offshore Bahrain

UAE-based Masdar has signed an agreement with Bahrain’s Bapco Energies to explore the development and investment in wind projects in Bahrain with a potential of 2 GW capacity. Marking a strategic entry into the Bahrain market for the UAE’s clean energy company, the agreement for near-shore and offsh

about 2 years ago
Importance of a Robust Commissioning Strategy for Offshore Wind Farms
Outlook & Strategy

Importance of a Robust Commissioning Strategy for Offshore Wind Farms

Commissioning is a critical phase in the development of offshore wind farms, marking the transition from construction to operation. A well-defined commissioning strategy is essential to ensure the seamless integration of various components, validate their functionality, and ultimately optimize the p

about 2 years ago
Significant Offshore Wind Growth Brings Fugro Strong Start of the Year
Outlook & Strategy

Significant Offshore Wind Growth Brings Fugro Strong Start of the Year

In what is described as a “strong start of the year”, Dutch geo-data specialist company, Fugro, reported a 9 per cent revenue growth for the first quarter of 2024 compared to the same period last year, said to be due to ongoing significant growth in offshore wind projects. Revenue in the first quart

about 2 years ago
Euroports Van Oord Smulders
Outlook & Strategy

Euroports, Van Oord, and Smulders Set Sights on New Offshore Wind Port in Latvia

Euroports has signed a Memorandum of Understanding (MoU) with its consortium partners Van Oord and Smulders to investigate the development of a new offshore wind port in Liepaja, Latvia. In response to the growing offshore wind farm developments in the Baltics and the associated lack of port capacit

about 2 years ago
Subsea7's backlog remains 'robust' with high tendering in subsea and offshore wind
Outlook & Strategy

Subsea7’s Backlog Remains ‘Robust’ with High Tendering in Subsea and Offshore Wind

Subsea7 has reported a “robust” backlog of USD 10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured USD 7.4 billio

about 2 years ago
US Federal Agencies Team Up for Offshore Wind
Outlook & Strategy

US Reveals New Five-Year Offshore Wind Leasing Schedule, 12 Sales in Play

In remarks at the International Partnering Forum conference in New Orleans, Louisiana, the US Secretary of the Interior Deb Haaland has announced a new five-year offshore wind leasing schedule, which includes up to 12 potential offshore wind energy lease sales through 2028. Future offshore wind ener

about 2 years ago
Ulsan Floating Offshore Wind Assocationa fishing communities
Outlook & Strategy

Ulsan Floating Offshore Wind Association Ink Cooperation Agreement with South Korean Fishing Communities

Ulsan Floating Offshore Wind Association, representing five offshore wind developers, has signed a Memorandum of Understanding (MoU) with the Ulsan Floating Offshore Wind Power Fishermen’s Countermeasures Committee and Ulsan Suhyup (National Federation of Fisheries Cooperatives) to cooperate on offs

about 2 years ago
Fugro's Self-Elevating Platform Moves to Japan to Pursue Geotechnical Work
Outlook & Strategy

Fugro’s Self-Elevating Platform Moves to Japan to Pursue Geotechnical Work

Fugro has transferred its self-elevating platform (SEP) Amberjack to Japan in order to easier support the local offshore wind market with geotechnical services. Amberjack was reflagged in December 2023 and is now based in Tokyo, from where it will be deployed to Japanese wind farm projects and provi

about 2 years ago
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