Sept. 8 (OE) T12 Engineering has secured funding from the Offshore Wind Growth Partnership (OWGP) to advance its Floating Mooring System (FMS), a technology designed to reduce the cost and complexity of maintaining floating offshore wind turbines. The latest project follows a Front-End Engineering Design (FEED) study supported by Scottish Enterprise in 2025, which confirmed... Continue Reading →
Milei Vows Tougher Sanctions, Defense Push Over Falklands Oil Drilling
Sept. 3 (Reuters) Argentine President Javier Milei said on Thursday he would tighten sanctions on companies involved in oil projects around the Falkland Islands, boost defense resources in the country's south and send Congress a bill aimed at strengthening Argentina's response to what he called violations of its sovereignty. In a televised address, Milei said... Continue Reading →
Seatrium views Brazil as an offshore wind market opportunity but awaits rules to unlock projects
Aug. 13 (Estadao) Seatrium, a marine engineering multinational expanding its global offshore wind operations, sees Brazil as a market ripe for development and hopes to leverage its local infrastructure to manufacture substations and vessels dedicated to the sector. However, the company is making any planning contingent on the maturation of the legal framework. It has... Continue Reading →
Sumitomo buys into major Celtic Sea floating wind project
Aug. 10 (splash247.com) Japan’s Sumitomo Corporation has bought a 33.3% equity interest in the Gwynt Glas offshore wind farm, developed by EDF and Electricity Supply Board (ESB) in the Celtic Sea. The acquisition marks Sumitomo’s first participation in a floating offshore wind project. The project involves the development, construction, and operation of a floating offshore... Continue Reading →
Europe Needs 65-Ship CO2 Fleet by 2050 to Support CCS Growth, Xodus Finds
June 16 (OE) Europe will require a dedicated fleet of around 65 CO2 carriers and a network of 33 ports by 2050 to support the large-scale deployment of carbon capture, utilization and storage (CCUS), according to a new study led by energy consultancy Xodus. The CCUS Enabling Infrastructure Study, prepared by Xodus on behalf of the... Continue Reading →
Britain Offers Grid Connections to More Than 700 Projects In Energy Investment Push
June 10 (Reuters) Britain has offered grid connections to more than 700 projects, the country's power planning body said on Wednesday, under a reformed allocation system expected to help unlock up to £40 billion in annual clean power investment. The allocations follow recent reforms replacing a "first come, first served" connection system that had led to bottlenecks, said... Continue Reading →
Global offshore wind capacity set to grow to 420 GW by end of 2035, GWEC report says
June 9 (Reuters) - Global offshore wind capacity is set to quadruple over the next decade to reach 420 gigawatts (GW) by the end of 2035, a report by the Global Wind Energy Council (GWEC) showed on Tuesday. Around 92 GW of offshore wind was installed by the end of 2025, enough to power around... Continue Reading →
Offshore wind vessel demand rebounds as global installation activity accelerates
May 27 (splash) Major offshore wind markets in the UK, Europe, and APAC, excluding mainland China, are tightening their policy frameworks to support project execution, creating a more stable backdrop than the US, where regulatory uncertainty continues to weigh on market momentum. According to London-based energy market research firm Westwood, marketed utilisation for wind turbine... Continue Reading →
UK launches third funding round for offshore wind supply chain projects
May 14 (splash) The Crown Estate has launched a third round of its Supply Chain Accelerator, making an additional £15m ($20.3m) in early‑stage development funding available to support UK offshore wind supply chain businesses and projects. The programme, first established in 2024 with a £50m pool, is now entering its third and final funding round,... Continue Reading →
Vessel Sector Deep Dive: WTIVs
The changing global bottom-fixed offshore wind turbine and foundation installation market May 1 (OE) The last two or three years have seen a change in the underlying stakeholder support for the energy transition, resulting in the energy trilemma being focused more on energy security and affordability than transition, which means a pivot away from renewables... Continue Reading →