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Norwegian shipping company Solstad Offshore has agreed to sell its platform supply vessel (PSV) fleet to U.S. offshore vessel operator Tidewater for a total cash consideration of approximately $577 million, marking an exit from the PSV segment. The PSV fleet consists of 37 vessels, all of which are currently working worldwide, principally in the North Sea, but... Continue Reading →
EDF Renewables, Jan De Nul Group, and Luminus have teamed up to bid for a commercial-scale offshore wind tender for the first phase of the Princess Elisabeth Zone in Belgium. The Princess Elisabeth Zone is an area identified by the federal government to increase Belgium’s local renewable electricity production by up to 3.5 GW. The... Continue Reading →
Fugro and Gardline have been awarded a contract to carry out preliminary geotechnical investigations for the future offshore wind farms in the Danish North Sea, Kattegat, and Danish Baltic Sea. The tender, which was published by the Danish transmission operator (TSO) Energinet, was divided into two lots. UK marine survey specialist Gardline will perform preliminary geotechnical... Continue Reading →
(Reuters) - Denmark has resumed its review of two of 33 offshore wind farm applications suspended last month over worries of breaching European Union state aid rules, the Energy Agency said on Friday. Denmark, which aims for a fivefold increase in offshore wind power capacity by 2030, has allowed energy companies to submit unsolicited applications... Continue Reading →
(Reuters) Development of what would be the world’s largest wind farm off the coast of Britain is in doubt, with developer Orsted saying it needs more support from the government such as tax breaks to proceed with the project after costs soared. The 8 billion pound ($9.6 billion) Hornsea 3 project is expected to have... Continue Reading →
Italian shipbuilder Fincantieri, through its subsidiary Vard, has signed a contract with offshore wind vessel operator Edda Wind, for the construction of four Commissioning Service Operation Vessels (CSOV). The first two vessels are expected to be delivered in Q1 2025, the third in Q2 2025, and the fourth in Q1 2026. The contract has a... Continue Reading →
(Reuters) Inpex, Japan's largest oil and gas exploration and production company, said on Thursday it had bought a 16.7% stake in the Moray East offshore wind farm in Scotland from Mitsubishi to expand further into renewable energy. The Moray East offshore wind farm, launched last April, has capacity of 950 megawatts from 100 turbines, with... Continue Reading →
N-Sea Group has finished a series of benthic and geophysical surveys for Llŷr 1 and Llŷr 2 floating offshore wind projects in the Celtic Sea. N-Sea conducted the offshore surveys using its N-Sea Spirit vessel, establishing a baseline ground model which will be developed as the project matures, Floventis Energy said, the developer of the projects. The... Continue Reading →
RWE and Northland Power have selected wind turbine maker Vestas as the preferred supplier for their up to 1.6-gigawatt (GW) cluster consisting of four offshore wind farm sites in the German North Sea. A minimum of 104 15 MW Vestas offshore wind turbines (Type: V236-15.0 MW) are planned to be installed north of the island... Continue Reading →
Offshore energy clients have been spoiled over the last 7-8 years with all types of vessels being always available at a low price, however, this could quickly change, Solstad Offshore’s CEO Lars Peder Solstad stated as the company had reported its highest-ever quarterly order intake for the fourth quarter of 2022. The fourth quarter of... Continue Reading →
