(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 →
EU Approves Major $11.6B Investment in French Offshore Wind
(OE) The European Commission has approved a $11.64 billion (€10.82 billion) French scheme to support the deployment of offshore wind energy, which will help foster the transition towards a net-zero economy. The state aid scheme will run for 20 years. In particular, the measure will support the construction and operation of two bottom-fixed offshore wind... Continue Reading →
Maersk Forms Dedicated Offshore Wind Installation Business
(OE) Denmark-based A.P. Moller - Maersk has launched a dedicated division to provide installation services to the growing offshore wind industry. Maersk Offshore Wind has been formed as a spin off from Maersk Supply Service (MSS), which was acquired by Norwegian offshore supply vessel company DOF Group in a $1.11 billion in a cash and stock... Continue Reading →
DNV to Verify Power Production of Iberdrola’s 496MW Offshore Wind Farm
(OE) Independent energy expert and assurance provider DNV has been chosen by Spanish company Iberdrola to perform power curve verification at the Bay of St. Brieuc offshore wind farm, employing advanced nacelle lidar technology. Situated 16 kilometers off Cap Fréhel in the Bay of St. Brieuc in the Côtes-d’Armor distric, the farm is notable for... Continue Reading →
Saipem Starts Work at French Offshore Wind Project
(Reuters) Italy's Saipem has started work at the Courseulles-sur-Mer offshore wind project in Normandy, the energy group's CEO Alessandro Puliti said on Monday, adding that the wind farm should be completed in 2025. Some big offshore wind projects around the world have recently been cancelled or delayed due to cost increases, and financial analysts were... Continue Reading →
US to Hold Central Atlantic Offshore Wind Lease Sale in August, 6.3 GW Up for Grabs
(offshoreWIND.biz) The US Department of Interior (DOI) will hold an offshore wind lease sale in the Central Atlantic in August this year, with the two areas auctioned by the Bureau of Ocean Energy Management (BOEM) potentially generating up to 6.3 GW of renewable energy. BOEM will hold the auction on 14 August, featuring one area located... 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 →
WindEurope Warns Against Negative Bidding (Again) as Germany, Netherlands Bag EUR 4 Billion Through Offshore Wind Tenders
(offshoreWIND.biz) European wind energy industry organisation, WindEurope, has warned that the negative bidding approach will lead to the bid costs falling onto the supply chain and/or electricity consumers after Germany and the Netherlands closed their latest offshore wind tenders, securing nearly EUR 4 billion in total through winning bids. In both countries, the offshore wind... Continue Reading →
Fugro Gets Offshore Wind Survey Job in Japan
(OE) Fugro has been awarded a site characterization contract for a 684 MW offshore wind farm development off the coast of the Japanese cities of Murakami and Tainai, Niigate Prefecture, Japan. The offshore wind farm off the country’s west coast will be developed and realized by a consortium of RWE, Mitsui and Osaka Gas. Fugro’s... Continue Reading →
BP Halts Hiring, Pauses New Offshore Wind Projects to Win Over Investors
(Reuters) BP's new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind projects as he places a renewed emphasis on oil and gas amid investor discontent over its energy transition strategy, sources at the company said. The moves, which have not previously been reported, are part of a decision by Auchincloss... Continue Reading →