The Finnish Government has adopted a resolution to launch the tendering procedure for five offshore wind projects in public water areas. With the government resolution, Metsähallitus will immediately launch the process to select the implementing partners for two offshore wind power projects. The competitive tendering procedures to be launched this year will concern the offshore... Continue Reading →
Goldwind Installs Its 16 MW Offshore Wind Turbine in ‘Record-Breaking 24 Hours’
(OW) Chinese wind turbine manufacturer Goldwind has completed the hoisting of its GWH252-16MW unit in a “record-breaking 24 hours”, the company said via social media. By using strategies that preemptively optimised processes through stimulations, the feat not only reduced construction costs but also served as a “vital breakthrough” for scaling up offshore wind potential in future projects,... Continue Reading →
Argentina’s Milei taps new YPF chief in one of first major decisions
(Reuters) - Argentina's President-elect Javier Milei selected a senior energy executive to lead state oil company YPF on Wednesday, his spokesperson announced, in one of the leader's first major economic decisions after his triumph at the polls last weekend. Horacio Marin heads exploration and production for Tecpetrol, which runs the Fortin de Piedra oil and... Continue Reading →
BV Gives Design Approval for Enerocean’s W2Power Floating Wind Solution
(OE) Certification body Bureau Veritas (BV) presented Enerocean S.L. with the definite issue of its Certificate of Basic Design Approval of the W2Power floating wind solution. The certification represents the completion of a comprehensive assessment of critical elements of the W2Power design, which is currently at the stage of moving to full-size commercial installations. BV said the design assessment... Continue Reading →
Iberdrola Setting Up Stage for Upcoming Supply Chain Tenders
(OW) Iberdrola France has launched its platform to identify and collaborate with companies committed to renewable energy and offshore wind for upcoming calls for tenders. According to Iberdrola, the company’s goal is to integrate new partners into the Iberdrola France network to facilitate collaboration on territories and future offshore wind projects. Iberdrola France is organising... Continue Reading →
Politicians Waking up to Higher-cost Offshore Wind Power, Equinor Says
(Reuters) Recent decisions in the United States and Britain to accept higher prices for offshore wind developments are a welcome sign that authorities are adjusting to higher costs in the industry, Equinor's head or renewables said on Tuesday. "I believe that politics and markets will adjust, and that is also necessary in order to keep... Continue Reading →
BP, Corio Plan to Invest Over $1B in South Korea wind farms -ministry
(Reuters) South Korea's Ministry of Trade, Industry and Energy said on Wednesday that British-based offshore wind firm Corio Generation and BP have submitted investment plans for wind farm projects in South Korea totaling $1.16 billion. The projects, which had been in the works, are additional signs of carbon-free energy cooperation between Britain and South Korea... Continue Reading →
Can Oil Ever Be Green? Norway Turns to Wind-Powered Drilling – Long read
(Bloomberg) — On a platform 140 kilometers (87 miles) off the coast of Norway, Crown Prince Haakon held two power cables connected to scale models: the first was a wind turbine, the second an oil rig. Behind him, the world’s biggest floating offshore wind farm was just visible on the horizon, an engineering marvel that... Continue Reading →
Damen Shipyards signs contract with Ta San Shang Marine Co. Ltd to supply a new Construction Service Operation Vessel
On the 21st of November, Damen Shipyards signed a contract with Ta San Shang Marine Co. Ltd. (TSSM), a joint venture between Mitsui O.S.K. Lines, Ltd. of Japan, and Ta Tong Marine Co., Ltd. of Taiwan, for the delivery of a Damen CSOV (Construction Service Operation Vessel) 9020. This will be TSSM’s second SOV in... Continue Reading →
Subsea7 tendering work for ‘major’ EPCI projects with offshore activity in 2026 and beyond
(OET) Subsea7 has reported revenue of $1.6 billion for the third quarter of the year, an increase of $174 million or 12% compared to the same period in 2022, mainly due to significantly increased activity in the Subsea and Conventional business unit. With this, the company said it was on track to meet guidance for... Continue Reading →