(OE) Danish offshore wind turbine maker Vestas said Monday that its most powerful wind turbine, the V236-15.0 MW prototype, stretching 280 meters into the air, had reached 15 MW nominal power rating. "The prototype was installed in December 2022 and produced its first kWh of power shortly after. Since then, the turbine has been through a... Continue Reading →
Sembcorp Marine Proposes Name Change Following Merger with Keppel Offshore & Marine
Singapore-based Sembcorp Marine said Monday it was proposing to change its name from “Sembcorp Marine Ltd” to “Seatrium Limited." This follows the completion of the combination of the company's businesses and Keppel Offshore & Marine Ltd on February 28, 2023, and will adopt a new branding for the enlarged entity. "The proposed change of name... Continue Reading →
Heerema Installs 24 Turbines at Arcadis Ost 1 Offshore Wind Farm Using Unique Method
(OE) Heerema Marine Contractors has completed the installation of 24 turbines for Parkwind’s Arcadis Ost 1 offshore wind farm and most turbines are already producing electricity. Three remaining turbines will be installed later this year. The 257 MW offshore wind farm is located in the German section of the Baltic Sea, northeast of the island... Continue Reading →
Saipem Bags Offshore Contracts Worth $650M
(OE) Italian energy industry services firm Saipem said Monday it had won three new offshore contracts and two competitive FEED contracts totaling around $650 million. Azule Energy has assigned the first contract for the Agogo Full Field Development project, a deepwater greenfield development, approximately 180 kilometres offshore Angola, about 20 kilometres west of the N’Goma... Continue Reading →
SBM Offshore completes US$1.63 billion financing of Almirante Tamandaré
SBM Offshore is pleased to announce it has signed the project financing of FPSO Almirante Tamandaré for a total of US$1.63 billion. The project financing is provided by a consortium of 13 international banks with insurance cover from 4 international Export Credit Agencies (ECA). The financing is composed of five separate facilities with a ca.... Continue Reading →
GE settles wind turbine patent disputes with Siemens Gamesa
(Reuters) - General Electric Co (GE.N) has settled all its outstanding wind turbine technology patent disputes in the United States and Europe with Siemens Gamesa Renewable Energy S.A (GAM.HA), the companies said on Friday. Terms of the settlement, which was described as amicable, were not disclosed. Under the deal, the companies and their subsidiaries will receive cross licenses... Continue Reading →
NKT Wins €500M Contract to Deliver Cables for Ørsted’s Offshore Wind Project in UK
Offshore cable maker NKT won a contract to deliver the high-voltage DC on- and offshore export cable system for Ørsted's Hornsea 3 offshore wind project in the UK. NKT said that the final order has an estimated contract value of approximately 500 million euros in market prices ( around 400 million euros in std. metal... Continue Reading →
AI to Boost Efficiency of Scotland’s First Offshore Wind Farm
(OE) UK-based machine learning and applied AI company Cognitive Business has won a contract to provide a complete package of AI and forecasting to RWE’s Robin Rigg wind farm offshore Scotland. Congitive Business will to provide the wind farm with a suite of AI, Pattern Recognition and Production Forecasting technology that will enable the owner-operator to predict... Continue Reading →
Vestas to Supply 15MW Turbines for Floating Offshore Wind Project in South Korea
(OE) Danish wind turbine maker Vestas said Friday it had signed a preferred supplier agreement to supply its giant 15MW offshore wind turbines for a floating wind project in South Korea. Vestas did not say who the client was. It did say that the floating offshore wind project would have a capacity of 495 MW.... Continue Reading →
Acciona, Nordex team up for green hydrogen projects in US, Latin America, Africa
(Reuters) - Spanish engineering firm Acciona (ANA.MC) and Germany's Nordex (NDXG.DE) said on Friday they teamed up to develop green hydrogen projects within the next 10 years in the United States, Latin America and Africa. The 50-50 joint venture aims to reach the ready-to-build stage for its first projects by 2027 and expects to reach a production capacity of... Continue Reading →