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Outlook & Strategy

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Shell, GWT Team Up to Establish Offshore Wind Energy Hub in Louisiana
Outlook & Strategy

Shell, GWT Team Up to Establish Offshore Wind Energy Hub in Louisiana

Gulf Wind Technology (GWT) has partnered with Shell to establish a research, training, and technology demonstration programme in an effort to advance offshore wind development in the Gulf of Mexico. GWT, supported by a USD 10 million investment from Shell, will create 30 new direct jobs and the Loui

about 3 years ago
Van Oord: Demand in Offshore Wind ‘Increased Exponentially’ in 2022, But Returns ‘Unsatisfactory’
Outlook & Strategy

Van Oord: Demand in Offshore Wind ‘Increased Exponentially’ in 2022, But Returns ‘Unsatisfactory’

Van Oord has seen the demand in the offshore wind market increase exponentially in 2022, the Dutch marine contractor’s CEO Pieter van Oord said. Van Oord’s Offshore Wind business unit had what the company has described in its financial report for 2022 as a ”a busy year”, recording EUR 599 million re

about 3 years ago
Offshore Wind to Account For 80 Per Cent of Infrastructure at Sea by 2050 – DNV
Outlook & Strategy

Offshore Wind to Account For 80 Per Cent of Infrastructure at Sea by 2050 – DNV

The amount of ocean space occupied by installations will grow five-fold by 2050, driven by offshore wind, which will account for 80 per cent of stationary infrastructure at sea by midcentury, followed by aquaculture (13 per cent) and oil and gas (5 per cent), according to DNV. Whilst ocean space is

about 3 years ago
Giant Haliade-X 12MW Blade Comes Together
Outlook & Strategy

Developer Says Offshore Wind Project Could Bring USD 25+ Billion in Benefits to US State

Attentive Energy One (AE1), a joint venture of TotalEnergies and Rise Light & Power, said that its proposal to build an offshore wind farm off New York would, if approved, result in USD 25.6 billion in benefits to New York State. One of the cornerstones of its plans is a flagship manufacturing agree

about 3 years ago
Navantia, General Dynamics NASSCO Eye US Offshore Wind Opportunities
Outlook & Strategy

Navantia, General Dynamics NASSCO Eye US Offshore Wind Opportunities

Navantia Seanergies has signed a Memorandum of Understanding (MoU) with the US shipyard General Dynamics NASSCO to jointly bid for offshore wind farm projects in the United States. The agreement was signed by the Director of Navantia Seanergies, Javier Herrador, and the President of General Dynamics

about 3 years ago
Ørsted Joins Global Offshore Wind Alliance
Outlook & Strategy

Ørsted Joins Global Offshore Wind Alliance

Ørsted has become the first energy company to join the Global Offshore Wind Alliance (GOWA) to support a faster deployment of offshore wind and create a global community of action. GOWA is a new global organisation that brings together governments, the private sector, international organisations, an

about 3 years ago
Dutch Take Aim at Lower Green Hydrogen Costs by Combining Offshore Wind and Floating Solar
Outlook & Strategy

Dutch Take Aim at Lower Green Hydrogen Costs by Combining Offshore Wind and Floating Solar

A consortium of Dutch companies has launched a government-backed project to explore the synergies between offshore wind, offshore solar and hydrogen production at sea for improved sustainability of North Sea renewable energy projects. The four-year project, dubbed Solar Enhanced North Sea Energy Hub

about 3 years ago
Flotation Energy University of Melbourne
Outlook & Strategy

University of Melbourne Joins Forces with Flotation Energy

Flotation Energy has partnered up with the University of Melbourne to develop students’ and researchers’ skills in the growing renewable energy sector and support Australia’s transition to renewable energy. The University’s Faculty of Engineering and Information Technology signed a Memorandum of Und

about 3 years ago
Saipem and Seaway7 to Jointly Tackle Offshore Wind Projects
Outlook & Strategy

Saipem and Seaway7 to Jointly Tackle Offshore Wind Projects

Saipem and Seaway7 have entered into a commercial collaboration agreement to jointly identify, bid and execute fixed offshore wind projects. Saipem and Seaway7 will pursue selected projects where the combined utilisation of the companies’ complementary assets, technologies, products, and competencie

about 3 years ago
Galileo Hope Group Barium Bay
Outlook & Strategy

Galileo-Hope Group JV to Develop 1.1 GW Floating Wind Farm Offshore Italy

Pan-European renewable energy developer Galileo and Hope Group have formed a joint venture (JV) to develop a 1,100 MW floating offshore wind project in Italy’s Adriatic Sea. The Barium Bay floating wind farm, which is the name of the project and the JV, will be located over 40 kilometres from shore

about 3 years ago
Offshore Wind Shines Bright for Fugro Yet Again
Outlook & Strategy

Offshore Wind Shines Bright for Fugro Yet Again

Fugro has reported a revenue of EUR 1.76 billion for the whole year of 2022, representing a 14.8 per cent growth in comparison to 2021, said to be due to a 42 per cent increase in offshore wind. Infrastructure and oil & gas were also up, with 7 per cent and 9 per cent respectively. […]

about 3 years ago
Australia Opens Consultation on Hunter Offshore Wind Zone
Outlook & Strategy

Australia Opens Consultation on Hunter Offshore Wind Zone

Australia has opened a consultation on a new offshore wind zone in the Pacific Ocean off the Hunter, New South Wales. The development area is situated within the recently declared Hunter-Central Coast Renewable Energy Zone (REZ). The Hunter-Central Coast REZ has reportedly attracted a significant re

about 3 years ago
Kincardine floating wind farm in Scotland; Photo source: Eni / Plenitude
Outlook & Strategy

Industry Expects Floating Wind to Hit Commercialisation Point in 2035, DNV Research Finds

Floating offshore wind could reach full commercialisation by 2035, said 60 per cent of respondents in the latest research that was done by DNV, with 25 per cent believing it will be as early as 2030. According to DNV, reaching these targets is ambitious, but early signs are promising, with 60 per ce

about 3 years ago
Amazon Finances First-Ever Commercial-Scale Seaweed Farm Located Between Offshore Wind Turbines
Outlook & Strategy

Amazon Finances First-Ever Commercial-Scale Seaweed Farm Located Between Offshore Wind Turbines

Multinational technology company Amazon is funding the world’s first commercial-scale seaweed farm located between offshore wind turbines. The North Sea Farm 1 will be located in a wind farm off the coast of the Netherlands, designed to test and improve methods of seaweed farming, while researching

about 3 years ago
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