DNV has presented Wison Offshore & Marine (WOM) with a Verification Letter for its "w.semi" floating wind foundation. The Verification Letter demonstrates the technical feasibility and commercial readiness of the technology. Wison Offshore & Marine's "w.semi" is a new concept that the company has been developing as a floating wind foundation/platform. , It is said to be... Continue Reading →
VIDEO: Heerema’s New Installation Method Promises to Reduce Floating Wind Costs
Dutch offshore installation giant Heerema Marine Contractors has said it has developed a new method for the installation of offshore floating wind structures that doesn't require wet-tow and removes the need for marshaling yards. The company said that, while floating wind farms are seen as essential for the world's energy transition, methods under development can... Continue Reading →
Swedish Floating Wind Tech Firm Sets Up Greek JV
(OE) Hexicon, a Swedish twin floating wind turbine technology company, has set up a joint venture in Greece with the local company EAMAA. "This is a first step to start the development of floating offshore wind projects off the coast of Greece. A new legal framework for offshore wind is expected this year and Hexicon... Continue Reading →
DNV: Floating offshore wind to hit 264 GW by 2050. Barriers Need to be Removed
DNV, the independent energy expert and assurance provider has this week called the governments of countries where the floating wind is a viable option to remove existing barriers in their regulatory frameworks to allow for easier and faster deployment of floating wind projects. DNV expects that offshore wind’s contribution to the wider energy mix will... Continue Reading →
Equinor, Naturgy Partner Up for Floating Wind Projects in Spain
(OE) Norwegian energy company Equinor has partnered up with Naturgy, with the two firms entering a development agreement prior to Spain’s first upcoming offshore wind auction off the coast of the Canary Islands. The Spanish government plans to develop up to 3 GW of offshore wind by 2030. The first Spanish offshore wind auction is... Continue Reading →
TotalEnergies has 9GW of offshore wind farms projects for Brazil
(epbr) TotalEnergies, a major western oil and gas producer, is developing 9 GW of offshore wind generating capacity off the coast of Brazil. There are three distribution parks in Ceará, Rio de Janeiro and Rio Grande do Sul. It joins the giants Equinor and Shell, also in the oil and gas segment, but with energy... Continue Reading →
2021 Subsea 7 results grow 45% with revenues over U$5 billion
Subsea 7 ended 2021 with excellent operational and financial performance. Revenue reached US$ 5 billion, representing growth of 45% compared to the previous year. The company's EBITDA reached US$ 521 million, an increase of 55% compared to 2020. Net income for the year was US$ 36 million. The global order backlog hit the $7.2 billion... Continue Reading →
Portugal to Hold First Floating Offshore Wind Auction
(Reuters) Portugal plans to hold its first auction for floating offshore farms this summer, which it hopes will be able to produce between 3 and 4 gigawatts (GW) of power in 2026, Environment and Energy Transition minister Joao Matos Fernandes told Reuters. As part of a global shift away from carbon-emitting fossil fuels, countries are... Continue Reading →
Offshore wind “vital” to global decarbonisation, but most will have to float
(RenewEconomy) Floating offshore wind could play a crucial role in helping to reduce the world’s reliance on fossil fuels, says a new report from the Global Wind Energy Council, and will be crucial for countries with limited opportunities to deploy fixed-bottom turbines. The GWEC says offshore wind – now emerging as a key new technology... Continue Reading →
Floating wind sector looks to harness US offshore potential
(Upstream) Five of seven lease auctions planned by the US Bureau of Ocean Energy Management up to the end of the 2025 are expected to have opportunities for floating wind. Representatives of major offshore wind developers said that 80% of offshore wind potential is in the floating wind sector at the Floating Wind Solutions Conference... Continue Reading →