Subsea7’s backlog remains ‘robust’ with high tendering in subsea and offshore wind

(Offshore-energy.biz) Subsea7 has reported a “robust” backlog of $10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured $7.4 billion of contract awards last year, taking its backlog... Continue Reading →

Europe’s First Commercial-Scale Floating Offshore Wind Farm Secures All Planning Approvals

(offshoreWIND.biz) Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have obtained the offshore planning approval for the Green Volt floating wind farm offshore Scotland. With onshore consent announced earlier this month, Green Volt has now received all its planning approvals and remains on track to be the first commercial-scale floating offshore... Continue Reading →

WindEurope: Offshore Wind FIDs Reached EUR 30 Billion in 2023; Wind Energy Sector to Employ More than Half-Million People in 2030

( offshoreWind.biz)Last year was a record year for offshore wind projects reaching a final investment decision (FID) with nearly 9 GW of capacity hitting this milestone in 2023, according to WindEurope’s annual report, issued on 28 February. Ahead of its annual event, opening today in Bilbao, the European wind energy industry organisation also released a new... Continue Reading →

Axess Gets Concept Engineering Job for Multi-Turbine Floating Wind Platform Developer

(OE) Norwegian offshore energy industry services company Axess Technologies has won a concept engineering study contract with Wind Catching Systems (WCS), a developer of floating offshore wind technology. The scope of work entails an advanced handling system capable of replacing turbine blades and entire turbines, while also serving as a versatile work platform for inspection,... Continue Reading →

US Offshore Wind: Down but Not Out

(As published in the February 2024 edition of Marine News magazine by Eric Haun) “The winds of change are blowing wild and free.” – Bob Dylan In the U.S. offshore wind industry, developments over recent months have placed an exclamation point on the word “wild”. Yes, the wind still blows “free”, but mounting challenges have proven... Continue Reading →

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