(OED) The floating offshore wind industry is in its early stages of development but is poised for rapid growth, with full commercialization possible in a little over a decade, according to a recent DNV survey. However, the industry faces challenges, including a lack of port infrastructure and anchor handlers, high cost, as well as an... Continue Reading →
Engie’s full-year profit jumps on higher gas prices
(Reuters) - French energy company Engie (ENGIE.PA) reported a sharp increase in its annual profit, helped by higher natural gas and power prices in the wake of Russia's invasion of Ukraine. The company said its net recurring income for 2022 totalled 5.2 billion euros ($5.55 billion), up from 2.9 billion euros in 2021. Full-year earnings before tax... Continue Reading →
Denmark to Auction Off 9 GW of Offshore Wind in 2023
(OW) Denmark plans to put 9 GW of new offshore wind capacity out to tender by the end of the year in an effort to increase its offshore wind capacity fivefold by 2030, according to the country’s Ministry of Climate, Energy and Utilities. The government and the authorities are working to ensure that there is... Continue Reading →
Seaway 7 strikes again offshore Taiwan
Seaway 7 has been awarded a contract for the transport and installation of cables on the Hai Long offshore wind farms in Taiwan. Under the contract, Seaway 7 will be responsible for the transport and installation of inter-array cables, the respective cable protection systems, and four export cables. The export cables will connect the offshore... Continue Reading →
Fugro lands US offshore wind site survey deal
The Netherlands-based Fugro has signed a letter of intent to optimise and perform a site characterisation programme for undisclosed offshore wind development on the U.S. East Coast. The programme is focused on accelerating the construction and operations permitting process and represents Fugro’s latest work on the U.S. East Coast. Fieldwork will being in the second... Continue Reading →
DEME to Use Special Drilling Tech Again as It Wins Second Major Offshore Wind Deal in France
Offshore installation firm DEME Offshore will need to deploy its special drilling technology again to install offshore wind monopiles at an offshore wind farm in France, due to rough ocean conditions and a rocky seabed. The company recently secured two deals for the transportation and installation contracts for the foundations and the offshore substation for the Yeu... Continue Reading →
Norway and Portugal Team Up for Offshore Wind Development
Norway's METCentre, a floating wind test center, has just signed a Memorandum of Understanding with the Portuguese offshore wind player WavEC. WavEC provides commercial services for wind farm developers and is a shareholder of the Aguçadoura test site, which has been a central testing area in the development of offshore renewable technologies. The MOU was... Continue Reading →
Report: Offshore wind energy plans in the Gulf likely delayed until summer
(OM) President Joe Biden’s administration is tapping the brakes on offshore wind energy development in the Gulf of Mexico to make way for a new fast-tracked effort to open more federal waters to oil and gas drilling. The move, as reported by New Orleans-based NOLA.com, will delay the first-ever auction of wind energy lease areas in the Gulf by at... Continue Reading →
Offshore cable installation activities about to start at South Fork offshore wind farm
Offshore construction will soon continue on the South Fork offshore wind project in New York with the installation of the project’s 68-nautical mile (about 126 kilometres) submarine cable to kick off in early 2023. The work installing South Fork Wind’s submarine cable involves six stages: seabed preparation, sea-to-shore interconnection preparation, nearshore cable laying, nearshore cable... Continue Reading →
Sif to Build World’s Largest Monopile Foundation Manufacturing Plant in Rotterdam
(OE) Dutch offshore wind foundation maker Sif this week said it would build the world's largest monopile foundation manufacturing plant in Rotterdam, the Netherlands, with an estimated investment of around €328 million. The plant will be built at the 62 hectare Maasvlakte 2 site in Rotterdam, the Netherlands, as an extension of the existing facilities... Continue Reading →