(O) SBM Offshore and Technip Energies have formally launched Ekwil, a 50-50 joint venture dedicated to floating offshore wind. Ekwil is a pure player delivery partner offering a diversified range of ‘series production’ floating offshore wind solutions to meet the growing and demanding needs of energy customers around the world. The joint venture brings together... Continue Reading →
Technip Energies and Partners to Develop Reusable Floating Wind Anchors
(OE) Technip Energies, in partnership with Université Gustave Eiffel, Valeco, and OPEN-C Foundation, has launched the PAREF project, an R&D program aimed at accelerating industrial-scale development of floating wind. The project, funded by the French State as part of France 2030 operated by ADEME, aims to design, fabricate, and test a reusable anchoring system, high... Continue Reading →
Archer Acquires Norwegian Floating Wind Solutions Provider
(OE) Oilfield services firm Archer has entered into an agreement with Remold Invest to fully acquire the floating offshore wind solutions provider Moreld Ocean Wind (MOW), including a minority stake in U.S.-French technology company Ocergy (OCY). With around 30 engineers based in Norway, MOW delivers project management and engineering for fabrication and assembly of floating... Continue Reading →
Preparing for Floating Wind – Leveraging the Oil & Gas Supply Chain
Philip Lewis, Contributor Examining similarities and differences between the deepwater oil & gas and the emerging floating wind segment. (OE) There has been much excitement around the potential for the offshore wind industry to access deeper water sites through the deployment of floating wind technology. Further, there has been much discussion around the development and deployment... Continue Reading →
TGS Set for Offshore Wind Measurement Campaign in Morro Bay Off California
(OE) Norwegian seismic firm TGS has announced a new campaign for offshore wind and metocean measurement located in Morro Bay, off the U.S. West Coast. This initiative further expands the company's pioneering multi-client wind and metocean measurement initiatives in key global offshore wind regions. The campaign seeks to greatly enhance the industry's understanding of offshore... Continue Reading →
EU-Funded Project Aims to Develop Cheaper, More Environmentally Friendly Floating Wind Farms
(offshoreWIND.biz) A consortium gathering 17 partners from eight European countries has started working on a project, dubbed Floatfarm, with a goal to lower the levelised cost of energy (LCOE) of floating wind through solutions such as shared mooring and anchoring, and to reduce the impact of floating wind farms on marine wildlife. Funded by the... Continue Reading →
Aikido Nets USD 4 Million to Advance Floating Wind Tech
(offshoreWIND.biz) California-based floating wind technology developer, Aikido Technologies, has secured USD 4 million (approximately EUR 3.7 million) in seed funding to advance its platform technology and establish pilot projects. The financing was led by Azolla Ventures with participation from Propeller Ventures, Sabanci Climate Ventures, Cisco Foundation, Anthropocene Ventures, and others. Aikido said that it will... Continue Reading →
Principle Power signs MoU with shipyard HSG Sungdong to advance serial manufacturing of WindFloat® floating wind foundations in Korea
Principle Power has signed a non-exclusive Memorandum of Understanding (MoU) with HSG Sungdong to cooperate on engineering developments for mass production and assembly of WindFloat® technologies. The agreement furthers the development of a sustainable domestic supply chain in South Korea and supports the country's ambition to achieve 14.3 GW of offshore wind capacity by 2030.... Continue Reading →
Rystad: European Offshore Wind Substations to Require USD 20 Billion Investment by 2030
(offshoreWind.biz) According to a recent report from Rystad Energy, continental Europe will see the installation of 137 offshore substations over the coming decade, with an estimated total investment of USD 20 billion (approximately EUR 18.6 billion). According to the report, over 120 substations will be installed between 2024 and 2030 at a cost of around... Continue Reading →
RWE Picks Argeo for Site Survey Work for 1.6GW Floating Wind Farm Off California
(OE) RWE has selected Argeo, a subsea service provider, to perform the site investigation work for Canopy offshore wind farm, a 1.6 GW floating wind project located off the coast of Northern California. The site investigation survey is a key milestone in the development of RWE’s first commercial scale floating offshore wind farm. The planned... Continue Reading →