Equinor to inject nearly $1 billion into Orsted following US setbacks under Trump

Sept 1 (Reuters) - Norway's Equinor will pump nearly $1 billion into Orsted's emergency fundraising, opens new tab, it said on Monday, bolstering the Danish offshore wind power developer's efforts to cope with U.S. President Donald Trump's hostility to the sector. The energy company said it planned to participate in Orsted's 60-billion Danish crown ($9.4 billion) rights issue by subscribing... Continue Reading →

US Floating Wind Platform Developer Issues RFI to Fabricators Worldwide

(offshoreWIND.biz) Aikido Technologies, which recently secured a spot at a Norwegian offshore demo site, has released an RFI for its 15 MW ‘AO60’ floating wind platform to offshore wind fabricators. The California-based floating wind foundation developer said on social media that it had issued the RFI to more than ten “top-tier offshore wind fabricators from around the world”.... Continue Reading →

Transocean’s backlog stands at $7.2 billion as rig quartet gets more drilling work

(offshore-energy.biz) Switzerland-based offshore drilling contractor Transocean has secured a new batch of contracts and extensions in Australia, Norway, Ivory Coast, and Brazil for four floaters, encompassing two drillships and two semi-submersible rigs. While the rig owner’s backlog was $7.9 billion in the fleet status report from April 2025, the company’s total backlog is approximately $7.2 billion as of July 16,... Continue Reading →

Norway Reopens Its First Floating Wind Tender

(offshoreWIND.biz) The Norwegian Ministry of Energy has invited applications for three floating wind sites within the Utsira Nord area. The deadline for submitting proposals is set for 15 September 2025. The government is offering a project capacity of 500 MW at each site through the tendering process, which will be carried out in two stages:... Continue Reading →

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