Maersk and Seatrium Settle Offshore Wind Dispute

Dec. 22 (offshoreWIND.biz) Singapore-based Seatrium Limited and Phoenix II A/S, an affiliate of Maersk Offshore Wind, have settled their dispute over a Wind Turbine Installation Vessel (WTIV) ordered at Seatrium by Maersk, with Maersk agreeing to accept the delivery of the vessel next year. Back in early October, Maersk terminated the USD 475 million (approximately... Continue Reading →

US Government Debates Reconsidering Approval of Virginia Offshore Wind Project

Dec. 17 (Reuters) The Trump administration is reviewing whether to send the Interior Department's Biden-era approval of a Virginia offshore wind project back to the agency for reconsideration, according to a court document filed on Wednesday. The agency is conducting a review of offshore wind leases to comply with Interior Secretary Doug Burgum's July order to end preferential treatment... Continue Reading →

Petrobras Removes Offshore Wind Energy Project in Espírito Santo from Business Plan

Dec. 11 (agazeta.com.br) Petrobras has restructured its low-carbon energy portfolio, reducing its ambition in renewable generation projects and positioning offshore wind energy as a long-term priority. In line with this new strategy, which prioritizes balancing demand and regulatory market evolution, the company maintained only one pilot project in Rio de Janeiro, thus removing broader development... Continue Reading →

Principle Power names new CEO

Dec. 2 (renews.biz) Principle Power has named João Amaral as its new chief executive officer, succeeding Julian Arrilaga Costa, who will stay on in an advisory role until the end of the year. Amaral joins the company from Voltalia, where he was group chief technology officer. He brings more than 20 years of renewable energy... Continue Reading →

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