ABS Issues Safety, Technical Guideline for Floating Offshore Wind Substations

The American Bureau of Shipping (ABS) has published requirements addressing safety and technical standards for floating offshore wind substations in what has been described as an industry first. Together with input from offshore wind project developers, original equipment manufacturers (OEMs) of substations, and transportation and installation (T&I) companies, ABS developed the Requirements for Offshore Substations and... Continue Reading →

July 3, 2023 0

World’s First 16MW Offshore Wind Turbine Installed Offshore China

(OE) China Three Gorges Corporation said Wednesday it had installed the world's first 16MW offshore wind turbine, off the coast of Fujian, China. The news was also confirmed by the wind turbine maker Goldwind, which said: “On June 28, Goldwind successfully hoisted the GWH252-16MW offshore wind turbine in Pingtan, China. The turbine, which set the... Continue Reading →

June 29, 2023 0

Saipem Secures $1B in New Contracts for Offshore Activities in Middle East and Subsea Drone Project in Brazil

Saipem has been awarded two new contracts, one for EPCI offshore activities in the Middle East and the other for the development of underwater drones in Brazil. The total value of the new contracts is approximately $1 billion. Under the existing Long-Term Agreement (LTA) with Saudi Aramco, Saipem has been selected for a new offshore... Continue Reading →

June 29, 2023 0

POSCO and CIP Sign Offshore Wind and Green Hydrogen MoU

(OW) POSCO International has signed a Memorandum of Understanding (MoU) with Denmark-based Copenhagen Infrastructure Partners (CIP) to cooperate on offshore wind and green hydrogen business development. Under the MoU, the two companies will work together to develop offshore wind projects in Pohang, which would serve as a base for supplying renewable energy to POSCO’s Pohang... Continue Reading →

June 27, 2023 0

In a ‘World first’, Lhyfe’s Sealhyfe Pilot Starts Producing Green Hydrogen in the Atlantic

Lhyfe, a green hydrogen production specialist, said Tuesday that its offshore green hydrogen production pilot Sealhyfe recently started producing green hydrogen in what the company said is a world first. The Sealhyfe platform was recently towed 20 kilometers out into the Atlantic, off France, and connected with the SEM-REV power hub. "As of June 20... Continue Reading →

June 27, 2023 0

OWC to Acquire Danish Offshore Wind Consultancy Company

(OW) Offshore Wind Consultants, an ABL Group company headquartered in London, has entered into an agreement to acquire 100 per cent of the shares of Denmark-based offshore wind consultancy, Delta Wind Partners (DWP). The acquisition, expected to close in the third quarter, is said to expand OWC’s technical offering in wind turbines and in consultancy at... Continue Reading →

June 26, 2023 0

Italy’s Renexia exploring environmentally friendly solutions for floating wind project off Sicily

Renexia, the company behind Italy’s first offshore wind farm and the first to be built in the Mediterranean Sea, has contracted Seas Geosciences to study the most environmentally sustainable mooring and anchoring solutions for Med Wind, a 2.8 GW floating wind project proposed to be built in the Strait of Sicily. Seas Geosciences, part of Sealaska’s Woocheen... Continue Reading →

June 24, 2023 0

IRENA: Annual Renewable Power Additions Must Triple by 2030

In the first volume of the World Energy Transitions Outlook (WETO) 2023, the International Renewable Energy Agency (IRENA) calls for raised global ambition in renewables deployment. The WETO 2023: 1.5°C Pathway positions electrification and efficiency as key transition drivers, enabled by renewable energy, clean hydrogen, and sustainable biomass and tracks implementation across all energy sectors.... Continue Reading →

June 23, 2023 0

30 MW Offshore Wind Turbines Being Considered for New Project in Sweden

(OW) Freja Offshore, a joint venture between Hexicon and Mainstream Renewable Power, has submitted an application for an offshore wind farm in Sweden that could have an installed capacity of between 2 GW and 2.5 GW and, according to the project’s consultation document, could feature wind turbines of up to 30 MW per unit. The... Continue Reading →

June 22, 2023 0

Saipem’s €860 million credit facilities come into force

Italy’s oilfield services provider Saipem has strengthened its financial structure and liquidity, after its two new credit facilities, totalling €860 million (nearly $945 million), came into effect. Saipem entered into two new credit facilities in February 2023 with a pool of leading national and international banks. The effectiveness of these credit facilities was subject to the enactment... Continue Reading →

June 22, 2023 0

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