Norwegian player bolsters design and engineering across maritime & offshore energy arenas with Brazilian firm buy

(offshore-energy.biz) Oslo-listed energy, marine, and engineering consultancy ABL Group has enlarged its capabilities in the engineering and design segments of the maritime and offshore energy landscape by bringing Proper Marine, a Brazil-based naval architecture and engineering consultancy, into its fold, which enables the latter to merge with the Norwegian company’s design and engineering arm known... Continue Reading →

January 14, 2025 0

New Offshore Wind Project Enters Federal Permitting in US

(offshoreWIND.biz) The US Bureau of Ocean Energy Management (BOEM) will initiate an environmental review of the Vineyard Mid-Atlantic offshore wind lease area, located offshore New York and New Jersey and owned by Vineyard Offshore (Copenhagen Infrastructure Partners), which plans to build its Excelsior Wind project there. The Vineyard Mid-Atlantic area is in one of the... Continue Reading →

January 14, 2025 0

BP warns of fourth-quarter profit hit, postpones capital markets day

(Reuters) - BP warned on Tuesday that its fourth-quarter results will be hit by weaker oil and gas production, refining margins and trading, while also delaying a highly-anticipated investor day due to a medical procedure undergone by CEO Murray Auchincloss. The British company said Auchincloss will be back in the office in February after undergoing a... Continue Reading →

January 14, 2025 0

SMD and Beam Go Deeper for AI-Driven Autonomous Offshore Wind Inspections

(OE) High-tech offshore wind services provider Beam has bought Quantum EV remotely operated vehicle (ROV) from SMD, setting out plans to equip it with an artificial intelligence (AI)-driven system to improve its operational scope and offshore wind farm servicing. Beam’s SubSLAM system, running on Pathfinder software, will be added to the ROV, enabling AI-driven autonomous... Continue Reading →

January 13, 2025 0

DNV Approves Hanwha Ocean’s Floating Offshore Wind Turbine Design

(OE) South Korea’s Hanwha Ocean has secured an Approval in Principle (AIP) from DNV for the preliminary front-end engineering design (Pre-FEED) of its floating offshore wind turbine platform. The floating platform model awarded the AIP is Hanwha Ocean’s proprietary WindHive 15-H3. It is capable of supporting 15 MW offshore wind turbines, with a rotor diameter... Continue Reading →

January 13, 2025 0

Brazilian President Enacts Offshore Wind Law, Vetoes Fossil Energy-Related Additions

(offshoreWIND.biz) Brazil’s President Luiz Inácio Lula da Silva has signed into law the bill recently passed by the Brazilian Senate that establishes regulations on allocating and permitting offshore wind development areas. The Brazilian president has vetoed provisions related to fossil fuels in the final version of the legislation which were added while the bill was... Continue Reading →

January 13, 2025 0

XOCEAN closes €115 million financing to support ongoing growth

( offshore-energy.biz) Ireland-based XOCEAN has secured €115 million in funding to support the growth in the offshore energy and civil hydrography sectors. The Irish ocean data company closed the financing round with support from S2G Ventures, Climate Investment (CI), Morgan Stanley’s 1GT fund, and CC Industries (CCI), a Crown Family affiliate. XOCEAN operates a fleet... Continue Reading →

January 10, 2025 0

Portugal Selects Four Offshore Wind Farm Sites Ahead of Auction

(Reuters) Portugal's government has approved four areas in the Atlantic Ocean where offshore wind farms can be installed, moving a step closer to launching the first licensing auction of offshore capacity, which it plans this year. Two of the areas are off the coast of Viana do Castelo in northern Portugal, one near the port... Continue Reading →

January 10, 2025 0

Macquarie Finalizes Acquisition of Offshore Wind O&M Company Ziton

(offshoreWIND.biz) Macquarie Asset Management, through Macquarie European Infrastructure Fund 7, has completed the acquisition of Ziton, a provider of operations and maintenance (O&M) services to the offshore wind industry. “This is a significant milestone for ZITON, as Macquarie’s investment validates the strong company we have built. With our solid market position, excellent customer relationships, and... Continue Reading →

January 9, 2025 0

Port of Açu and Yamna announce agreement to reserve an area for the development of a green ammonia plant

(TN) Port of Açu and Yamna, an English company specialized in the production of green hydrogen and its derivatives, have signed an agreement to reserve an area in the low-carbon hub of Port of Açu, located in the North of Rio de Janeiro, for the implementation of a green ammonia plant. The port complex is... Continue Reading →

January 8, 2025 0

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Category: Renewables

Norwegian player bolsters design and engineering across maritime & offshore energy arenas with Brazilian firm buy

New Offshore Wind Project Enters Federal Permitting in US

BP warns of fourth-quarter profit hit, postpones capital markets day

SMD and Beam Go Deeper for AI-Driven Autonomous Offshore Wind Inspections

DNV Approves Hanwha Ocean’s Floating Offshore Wind Turbine Design

Brazilian President Enacts Offshore Wind Law, Vetoes Fossil Energy-Related Additions

XOCEAN closes €115 million financing to support ongoing growth

Portugal Selects Four Offshore Wind Farm Sites Ahead of Auction

Macquarie Finalizes Acquisition of Offshore Wind O&M Company Ziton

Port of Açu and Yamna announce agreement to reserve an area for the development of a green ammonia plant

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