Corio Generation, part of Macquarie’s Green Investment Group, said Thursday it was joining the Global Offshore Wind Alliance, an international coalition founded by the Government of Denmark, the International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) to help countries transform their economies using offshore wind power. Corio has pledged to work... Continue Reading →
Seabed surveys start for 2 GW ScotWind offshore wind projects – floating and fixed
Thistle Wind Partners (TWP) has launched seabed surveys for its 1 GW Ayre floating offshore wind farm and the 1 GW Bowdun offshore wind farm in Scotland. G-tec is leading the first phase of the work, which is the geophysical surveying of the seabed at both sites, in leasing zones NE2 and E3, from March... Continue Reading →
Apollo sweetens bid for Britain’s Wood Group with $2.1 bln offer
(Reuters) - Private equity firm Apollo Management has made what it said was a final offer to buy John Wood Group (WG.L) for 1.66 billion pounds ($2.1 billion) in cash, after the British oilfield services and engineering firm rejected four earlier proposals. The 240 pence per share bid represents a premium of about 55% to Wood's closing... Continue Reading →
EIC: UK turns to renewables and low-carbon power to bolster energy security
(OEM) In the aftermath of geopolitical challenges, energy and climate crises along with economic side effects from the turbulent events that marked 2022, the UK is pivoting towards renewable and low-carbon energy in a push to strengthen energy security, outlines the new report from the Energy Industries Council (EIC), an energy industry trade association and... Continue Reading →
UK: 5G Testbed to Speed Up Offshore Wind Tech Development
(OE) UK's Offshore Renewable Energy Catapult (ORE Catapult) said Tuesday that the biggest offshore wind ‘living lab’ in the world would be created off the Grimsby coast through the development of a 5G Testbed that includes Grimsby Port and the Lynn and Inner Dowsing wind farm. According to ORE Catapult, the £2.8 million project will... 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 →
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 →
ScottishPower Renewables Orders $1.6B Worth of Offshore Wind Turbines from Siemens Gamesa
(OE) Wind turbine maker Siemens Gamesa has secured a firm order with Iberdrola's ScottishPower Renewables to supply 95 units of its flagship SG 14-236 DD wind turbine to the East Anglia 3 wind power project in the North Sea, off England’s east coast, with a total capacity of 1.4 GW. Also included is a service contract, initially for... Continue Reading →
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