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(Reuters) - Swedish utility Vattenfall on Thursday reported a largely unchanged underlying operating profit for the first quarter, supported by its heating and energy trading arms, offsetting lower contributions from its wind business. Underlying operating profit before interest and tax (EBIT) at the state-owned energy group stood at 9.5 billion Swedish crowns ($922.50 million), unchanged... 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 →
(OW) 3Global offshore wind developer Corio Generation and Norwegian renewable energy business Å Energi have established Nordvegen Vind, a joint venture aiming to bid for the Utsira Nord floating offshore wind site in Norway. Nordvegen is the name for the old shipping route which for more than 3,000 years has been a gateway for maritime... Continue Reading →
(OE) Norwegian oil and gas company Vår Energi will collaborate with floating wind technology firm Odfjell Oceanwind and Source Galileo to pursue a pilot project for floating offshore wind at its Goliat oil field in the Barents Sea, offshore Norway. The Goliat platform is currently electrified and is supplied with power from shore through a... Continue Reading →
(OE) Danish offshore wind installation firm Cadeler said Tuesday it had signed two contracts with Ørsted for the Hornsea 3 offshore wind farm in the UK. Cadeler said that together, the two contracts constitute a very large contract award. Cadeler classifies a very large contract as being worth between 500-700 million EUR. The first contract... Continue Reading →
Fugro has completed what is said to be the world’s first fully remote ROV inspection of an offshore wind farm using its Blue Essence uncrewed surface vessel (USV). The operations were carried out at the Aberdeen offshore wind farm in the North Sea, also known as the European Offshore Wind Deployment Centre (EOWDC) using one... Continue Reading →
(OE) Danish wind turbine maker Vestas said Tuesday it had won an order from Hibiki Wind Energy to supply being turbines for the Kitakyushu-Hibikinada offshore wind farm project in Japan. The offshore wind project is located offshore Kitakyushu city, Fukuoka prefecture. Under the wind turbine order, Vestas will supply and install 25 V174-9.5 MW offshore... Continue Reading →
(Reuters) - Europe's offshore renewable energy industry is not big enough to deliver governments' goals to rapidly expand green power, and requires a jump in policy support and funding to get on track, European companies from the sector said on Monday. The companies' joint call comes as leaders from nine countries including Germany, France and... Continue Reading →
(Reuters) After a bumper year for floating offshore wind farm tenders, the nascent industry is poised for explosive growth in the coming decade as countries strive to cut their carbon emissions. But it's unlikely to be all plain sailing. Rising costs and supply chain bottlenecks have hit some projects and without investment in infrastructure to... Continue Reading →
(Reuters) - Energy ministers from European countries surrounding the North Sea are set to pledge to quadruple offshore wind energy capacity by the end of the decade as they aim to turn the region into an engine of renewable power. Seven European Union countries, including Germany, France and the Netherlands, alongside non-EU countries the United... Continue Reading →
Brazil Energy Insight 