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Fugro has reported a revenue of €465.8 million for the first quarter of 2023, representing an increase of 27.5 per cent, said to be especially related to offshore wind site characterization solutions, with all regions reporting double-digit growth. Overall, revenue in marine was €335.1 million, up by 34.7 per cent, as a result of increasingly... Continue Reading →
(OE) Oilfield services firm SLB, Rockwell Automation, Sensia, and Cognite on Monday announced a collaboration that they say will "accelerate the evolution" of the offshore industry’s floating production storage and offloading (FPSO) facilities. According to a press statement issued by SLB, until recently known as Schlumberger, digital capabilities developed by the four-company coalition will improve... Continue Reading →
Three firms are vying to buy a minority stake of up to 49% in Iberdrola's "Baltic Eagle" offshore wind farm off the German coast, newspaper Expansion reported on Friday, citing unidentified market sources. The top candidates for the transaction valued at around 700 million euros ($769 million) are Abu Dhabi's Masdar, Swiss fund EIP and... Continue Reading →
Offshore wind developer Ocean Winds on Thursday announced the Final Investment Decision for the Dieppe Le Tréport offshore wind farm in France. The project of around 500 MW in France represents a total investment of €2.7 billion, said the company, which is a 50-50 joint venture in 2020 by EDP Renewables and ENGIE. Earlier in April 2023,... Continue Reading →
(OW) Marine Power Systems (MPS) have joined forces with Plataforma Oceánica de Canarias (PLOCAN) to deploy their floating offshore wind platform, PelaFlex, at an expected grid-connected test site on the southeast coast of Gran Canaria. PLOCAN will work with MPS regarding a pre-consented and grid-connected site for the testing of their technology and the associated... Continue Reading →
(OW) Spain-headquartered BlueFloat Energy and Greenvolt have joined forces to develop offshore wind projects in Portugal. According to the partners, Portugal holds great potential for offshore wind, which is now recognised by the national policymakers who seek to unlock the potential of this technology to deliver on the country’s decarbonisation targets. Portugal has recently identified... Continue Reading →
TotalEnergies, BW Ideol, and Qair, the developers behind the EolMed project, have started the construction of three floating wind turbines for the 30 MW wind farm offshore France. The arrival of the first steel blocks that will make up the three floating substructures marked the beginning of the construction of the wind turbines in the... Continue Reading →
Offshore wind developer RWE has entered a long-term vessel supply agreement with offshore vessel owner Acta Marine that it says paves the way for the decarbonization of offshore wind farm operations. The agreement is to build and operate two ‘green’ service operation vessels, which will be among the first in the world to be built... Continue Reading →
U.S. offshore wind developer Dominion Energy is this week kicking off unexploded ordinance identification within the export cable corridor and the Coastal Virginia Offshore Wind (CVOW) lease area located offshore of Virginia Beach, Virginia. The U.S. Coast Guard said in a notice to mariners that the UXO works would start on or about April 25,... Continue Reading →
(OE) Hitachi Energy and industry group WindEurope have published a new report which concludes that Europe needs more meshed grids to ensure its offshore wind development. Meshed grids are clusters of offshore wind farms with fewer cables connected to the shore that can route power to two or more national grids. In total, governments across... Continue Reading →
Brazil Energy Insight 