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(offshoreWIND.biz) According to a new market report from the Global Wind Energy Council (GWEC), there are now 83 GW of offshore wind capacity installed globally, with 48 GW more in the construction phase worldwide as of May this year. “Our report finds that there is now already 83 GW of offshore wind installed worldwide, keeping... Continue Reading →
(OE) Energy services firms Saipem and Subsea7 have signed a binding merger agreement to create a leading energy services company under the name of Saipem7, which will have a combined backlog of over $50 billion. The binding merger agreement follows the memorandum of understanding the companies signed in February 2025. Completion of the proposed merger... Continue Reading →
(Reuters) Shell and other leading energy groups have abandoned a six-year-long attempt to define a net zero emissions strategy after being told that such a standard would require them to stop developing new oil and gas fields, the Financial Times reported on Tuesday, citing documents seen by the newspaper. Shell, Norway's Aker BP and Canada's Enbridge... Continue Reading →
(OE) The assembly of an offshore solar farm has been completed at the Port of Amsterdam in a ‘world’s first’ project that will integrate the system with an offshore wind farm in the North Sea, offshore Netherlands. The system, supplied and built by Oceans of Energy, is larger than a football field and is set... Continue Reading →
(OE) Spanish electric utility firm Iberdrola has appointed Pedro Azagra as its new chief executive officer (CEO). Before the new appointment, Azagra held the position of CEO of Ibredrola’s subsidiary in the United States. He will be replacing Armando Martínez. Azagra has been with Iberdrola for 25 years, first as Executive Director of Development with... Continue Reading →
(OE) DNV has published a report forecasting that carbon capture and storage (CCS) capacity is expected to quadruple by 2030, with sharp increase project pipeline capacity indicating that CCS is at a turning point. The immediate rise in capacity is being driven by short-term scale up in North America and Europe, with natural gas processing... Continue Reading →
(Reuters) - Britain’s next renewable energy auction must secure a record amount of new offshore wind capacity if the country is to meet its 2030 clean power targets, Darren Davidson, vice president of turbine maker Siemens Energy UK&I, told Reuters. The country has put offshore wind at the heart of its plans to decarbonise its... Continue Reading →
Inyanga Marine Energy Group has announced the winners of contracts to build its HydroWing tidal energy array. The 20 MW HydroWing tidal energy array will be deployed at Morlais off Anglesey in Wales, one of the largest consented tidal energy projects in Europe. The demonstration pilot will deploy in the first quarter of 2026. Hutchinson Engineering... Continue Reading →
Inyanga Marine Energy Group has awarded the fabrication contract to build its HydroWing tidal energy device to Hutchinson Engineering. The 20 MW HydroWing tidal energy array will be deployed at Morlais off Anglesey in Wales, one of the largest consented tidal energy projects in Europe. The contract with Hutchinson Engineering covers the fabrication of the... Continue Reading →
(offshoreWIND.biz) Galileo Energy and Hope Group have received an Environmental Impact Assessment (EIA) permit from Italy’s Ministry of Environment and Energy Security for the 1.1 GW Barium Bay floating offshore wind project. The joint venture partners said that this is the largest offshore wind farm to have achieved this milestone in Italy and the Mediterranean... Continue Reading →
Brazil Energy Insight 