krogragg

Category: Renewables

  • Fredriksen, Ofer and Wilhelmsen line up full fleet sale at Edda Wind

    Fredriksen, Ofer and Wilhelmsen line up full fleet sale at Edda Wind Offshore wind vessel owner Edda Wind has entered into agreements for the potential sale of its entire fleet of service operation vessels (SOVs) and commissioning service operation vessels (CSOVs), including units under construction. According to a stock exchange filing from Wilh Wilhelmsen, the…

  • Boskalis scores cabling work on German offshore wind farm

    Boskalis scores cabling work on German offshore wind farm Dutch dredging contractor and marine services provider Boskalis, in consortium with TKF Subsea Solutions, has signed a contract for the supply and installation of approximately 140 km of 66 kV inter-array cables for the Gennaker offshore wind farm in the German Baltic Sea. As part of…

  • Oregon maps four offshore wind futures, from zero build to 3GW

    Oregon maps four offshore wind futures, from zero build to 3GW The US state of Oregon has unveiled a draft offshore wind roadmap outlining four potential futures off its deepwater west coast, from zero turbines to 3 GW of floating wind, with public input open until April 3. Gestating since June 2024, the Oregon Department…

  • United Maritime cashes out of offshore vessel JV

    United Maritime cashes out of offshore vessel JV Nasdaq-listed Greek bulker owner United Maritime has agreed to sell its stake in a Norwegian joint venture developing an energy construction vessel (ECV), locking in a profit as it reshuffles capital. The Stamatis Tsantanis-led spinoff of Seanergy Maritime said it will sell its equity interest for about…

  • Cadeler arm wins Taiwan offshore wind O&M contract

    Cadeler arm wins Taiwan offshore wind O&M contract Cadeler’s service arm, Nexra, has signed a firm contract for an operations and maintenance campaign in Taiwan. The contract with an undisclosed client is expected to exceed €20m ($23.7m) and will be executed across two offshore wind farms in Taiwan. The campaign will commence in March 2026,…

  • Esvagt–KMC venture lines up CTV build backed by Vestas deal in South Korea

    Esvagt–KMC venture lines up CTV build backed by Vestas deal in South Korea KESTO, the offshore wind joint venture between Denmark’s Esvagt and South Korean shipping company KMC Line, has secured its first contracts, signing a long-term vessel deal with turbine maker Vestas for the Shinan-Ui offshore wind farm. Under the agreement, KESTO will provide…

  • Westwood rolls out offshore vessel intelligence platform

    Westwood rolls out offshore vessel intelligence platform London-based energy market research firm Westwood has launched a new offshore vessel intelligence platform aimed at improving visibility across the global offshore support, service and offshore wind fleets. The platform named MarineLogix covers more than 10,000 vessels operated by around 2,500 owners across over 30 vessel classes. MarineLogix…

  • Integrated Wind Solutions adds to backlog with CSOV contract extensions

    Integrated Wind Solutions adds to backlog with CSOV contract extensions Integrated Wind Solutions has strengthened its forward orderbook after agreeing a two-year extension to a strategic contract with an existing client, tightening utilisation for its walk-to-work fleet into the next decade. The Oslo-listed company said the deal for its business unit IWS Fleet covers the…

  • DEME secures multi-scope contract for Polish wind farm

    DEME secures multi-scope contract for Polish wind farm Belgian marine contractor DEME has secured a major role in Poland’s offshore wind expansion after winning three contracts covering foundation and cable installation work for the BC-Wind project in the Baltic Sea. The combined awards are worth €150m–300m, ($175m–$350m). BC-Wind is being developed by Ocean Winds, the…

  • Dong Fang Offshore locks in CLV newbuild

    Dong Fang Offshore locks in CLV newbuild Taiwanese owner and operator Dong Fang Offshore (DFO) has firmed up its next phase of growth with the signing of a subsea and cable lay vessel (CLV) newbuilding contract with Norway’s Westcon. The deal will see the yard take over and complete a large CLV already under construction,…

  • Denmark rolls out new 2.8GW offshore wind tender package

    Denmark rolls out new 2.8GW offshore wind tender package Danish authorities have announced tenders for three areas enabling the construction of at least 2.8GW of offshore wind power. The Danish Energy Agency said that the tenders were based on thorough market dialogues and include, among other things, state subsidies and greater flexibility for developers to…

  • Splash Wrap: Pirates, crews and cyberstorms

    Splash Wrap: Pirates, crews and cyberstorms Compared to recent months, geopolitics did not muscle into many Splash headlines this week, the final days of the tit-for-tat port fees levied by the US and China, which are set to come to an end on Monday. The most shocking news came from the Horn of Africa, where…

  • Developers shun Dutch 1GW offshore wind auction

    Developers shun Dutch 1GW offshore wind auction The Dutch authorities have received no bids for its 1GW Nederwiek 1-A offshore wind site in the North Sea. The site, which covers an area of around 150 sq km, some 95 km off the coast of Texel, was already reduced from 2GW to decrease the investment required…

  • VIDEO: NOIA launches new Gulf of America Forward initiative

    VIDEO: NOIA launches new Gulf of America Forward initiative The National Ocean Industries Association (NOIA) has released Gulf of America Forward, a comprehensive new report and digital platform showcasing the Gulf of America as one of the world’s most valuable and dynamic offshore energy regions, a critical engine of innovation, economic strength, and national security.…

  • NYK seals CTV newbuild deal for domestic offshore wind project

    NYK seals CTV newbuild deal for domestic offshore wind project Japan’s Nippon Yusen Kaisha (NYK) has signed a long-term charter deal with Oga Katagami Akita Offshore Green Energy for a domestically built crew transfer vessel (CTV) that will serve the country’s first offshore wind farm developed in general sea areas. The vessel will be built…

  • DEME clinches German offshore wind cable installation deal

    DEME clinches German offshore wind cable installation deal Belgium’s DEME Offshore has landed a contract worth between €50m and €150m ($54m–$162m) for subsea cable work at the Nordseecluster B offshore wind project in the German North Sea. The deal covers transport and installation of 124 km of inter-array cables, linking 60 turbine foundations to the…

  • Marco Polo Marine expands fleet with two new AHTS vessels

    Marco Polo Marine expands fleet with two new AHTS vessels Singapore offshore vessel player and shipyard Marco Polo Marine will be expanding its fleet with the addition of two newbuild anchor handling tug supply (AHTS) vessels. With a combined value of approximately $34m, the vessels are expected to join the fleet in 2026. With these…

  • Nam Cheong pulls plug on Japan OSV contract

    Nam Cheong pulls plug on Japan OSV contract Malaysia’s Nam Cheong has terminated a charter deal for one of its offshore support vessels with an offshore wind farm contractor in Japan after the charterer failed to meet its obligations. The Singapore-listed company said the contract collapsed following the cancellation of the charterer’s downstream agreement with…

  • Dong Fang Offshore lands 15-year SOV contract in Taiwan

    Dong Fang Offshore lands 15-year SOV contract in Taiwan Taiwanese offshore vessel operator Dong Fang Offshore (DFO) has won a landmark 15-year contract with Synera Renewable Energy (SRE) to provide a service operations vessel (SOV) for the Formosa 4 offshore wind project. The deal is described as the longest SOV fixture seen to date in…

  • North Star orders SOV pair at Vard

    North Star orders SOV pair at Vard UK-based offshore vessel operator North Star has returned to Norwegian shipbuilder Vard with an order for two new service operation vessels (SOVs) to support offshore wind operations across the UK and Europe. The newbuilds are based on the Vard 4 19 design, developed specifically for offshore wind support.…

  • BP and JERA’s offshore wind alliance takes off

    BP and JERA’s offshore wind alliance takes off Energy major BP and Japan’s largest utility JERA have completed the formation of their equally-owned offshore wind business JERA Nex BP. JERA Nex BP’s portfolio of operating assets and development projects has a net potential generating capacity of 13GW. This includes around 1GW of installed net generating…

  • Norwind Offshore clinches CSOV deal with Semco unit

    Norwind Offshore clinches CSOV deal with Semco unit Norwind Offshore has landed a charter agreement with Wind Multiplikator, the German subsidiary of Denmark’s Semco Maritime, for a newly built commissioning service operation vessel (CSOV). The vessel, Norwind Maestro, will be deployed to support operations at the 400 MW Global Tech I offshore wind farm in…

  • Nexans and Crowley team up for first Jones Act cable lay barge

    Nexans and Crowley team up for first Jones Act cable lay barge France’s Nexans has partnered with US-based Crowley Wind Services to develop and operate the first Jones Act-compliant cable lay barge, tailored for offshore wind, telecom, and subsea industrial cabling. The 300-foot barge, built in Louisiana and tested in the Gulf of Mexico to…

  • Fred Olsen Windcarrier lands German wind farm deal

    Fred Olsen Windcarrier lands German wind farm deal Norwegian offshore wind installation player Fred Olsen Windcarrier has been selected by Skyborn Renewables, a German offshore wind developer of Blackrock’s Global Infrastructure Partners (GIP), to handle transport and installation of the wind turbines for the Gennaker offshore wind farm in the German Baltic Sea. The two…

  • Asso.subsea scores cabling work for TenneT off Germany

    Asso.subsea scores cabling work for TenneT off Germany Greece-based offshore contractor Asso.subsea has been awarded the nearshore cable installation scope for TenneT’s three projects offshore Germany. The three projects are part of TenneT’s 2GW program and include BalWin4, LanWin1, and LanWin5, located off the northwestern coast of Baltrum Island. This also marks the beginning of…

  • Vard books contract for two hybrid CSOVs

    Vard books contract for two hybrid CSOVs Norwegian shipbuilder Vard has secured a contract to design and build two commissioning service operation vessels (CSOVs) for an unnamed international customer. The order is valued between €100m ($116m) and €200m ($232m) and includes an option for an additional newbuild. The vessels will be of the upgraded VARD…

  • Cadeler locks in $245m charter for newest turbine installation unit

    Cadeler locks in $245m charter for newest turbine installation unit Denmark-based offshore wind vessel player Cadeler has taken early delivery of the newbuild jackup vessel and secured the units’ first long-term contract — a €210m ($245m) deal with turbine maker Vestas. The BW Group and Scorpio-backed shipowner acquired the vessel from China’s Shanghai Boqiang Heavy…

  • Fugro surveys to help develop Ireland’s offshore grid

    Fugro surveys to help develop Ireland’s offshore grid Dutch surveyor Fugro has been awarded a seven-year framework agreement with Ireland’s state-owned electricity transmission operator EirGrid. The agreement is for a full suite of geo-data surveys for the “Powering Up Offshore – South Coast” project. The initiative will develop offshore electricity substations and export cable routes…

  • Interview on America’s tax overhaul: Investment ‘catalyst’ across energy spheres but deadlines spell potential trouble for wind & solar

    Interview on America’s tax overhaul: Investment ‘catalyst’ across energy spheres but deadlines spell potential trouble for wind & solar The latest action the United States (U.S.) has taken to unlock its energy dominance, encapsulated in a new tax reconciliation bill, which President Donald J. Trump signed into law, has set the stage for an uptick…

  • Ørsted secures $3bn in financing for offshore wind farm in Taiwan

    Ørsted secures $3bn in financing for offshore wind farm in Taiwan Danish offshore wind developer Ørsted has secured TWD 90bn ($3bn) in financing for the 632MW Greater Changhua 2 wind farm off Taiwan. The financing deal was arranged with 25 banks and five export credit agencies and covers part of the financing for the project.…

  • Trump wipes out subsidies for wind and solar power

    Trump wipes out subsidies for wind and solar power US president Donald Trump has signed an executive order to eliminate subsidies for green energy sources, more precisely wind and solar power, as he makes another step on his warpath against renewable energy. The order directs the secretary of the treasury to terminate the clean electricity…

  • EDF delays French offshore wind farm commissioning by two years

    EDF delays French offshore wind farm commissioning by two years French energy major EDF has announced that the commercial commissioning of the Calvados offshore wind farm has been pushed back to late 2027. This will see the project commissioned more than two years after its original schedule. The project was previously set for start-up in…

  • Ocean Installer vessel scores offshore wind cabling work

    Ocean Installer vessel scores offshore wind cabling work Marine construction contractor Ocean Installer, a Moreld subsidiary, has won two new contracts for the North Sea Giant subsea construction vessel. The 2011-built vessel will be used in the offshore wind market for cable repair and cable installation gigs. The contracts are expected to take approximately three…

  • LS Marine Solutions picks Turkish shipyard for cable layer construction

    LS Marine Solutions picks Turkish shipyard for cable layer construction South Korean subsea cable contractor LS Marine Solutions has signed a construction agreement with Turkey’s Tersan Shipyard to build a high-voltage direct current cable-laying vessel. According to the company, the new vessel will be Asia’s largest and one of the top five in its class…

  • Denmark extends life of two more offshore wind farms

    Denmark extends life of two more offshore wind farms The Danish Energy Agency (DEA) has extended the life of two offshore wind farms, which together have been in operation for almost 50 years. The Agency has notified the owners of the Middelgrunden and Nysted offshore wind farms that it will be extending their permits for…

  • Chartwell Marine designs CTV to support legacy offshore wind turbines

    Chartwell Marine designs CTV to support legacy offshore wind turbines NR Marine Services has commissioned UK-based ship designer Chartwell Marine to design a new CTV, which will be capable of supporting older generation assets, now referred to as legacy turbines. These vessels will still be constructed and outfitted with modern technologies to maximise vessel fuel…

  • Port of Brisbane sets out Vision 2060 to future-proof trade and drive sustainability

    Port of Brisbane sets out Vision 2060 to future-proof trade and drive sustainability Australia’s Port of Brisbane (PBPL) has launched Vision 2060, a roadmap aimed at strengthening Queensland’s economic position, preparing trade infrastructure for future demands, and guiding the port’s shift toward greater sustainability and efficiency. The post Port of Brisbane sets out Vision 2060…

  • Petrobras launches survey tenders for offshore wind pilot project

    Petrobras launches survey tenders for offshore wind pilot project Brazilian state-owned oil and gas company Petrobras has launched two tenders for an offshore wind pilot project off the coast of Rio de Janeiro state. One tender is for the acquisition and processing of geophysical data in ultra-shallow waters off São João da Barra. The acquisition,…

  • Clarksons Port Services to support O&M of RWE’s German offshore wind farm

    Clarksons Port Services to support O&M of RWE’s German offshore wind farm German utility RWE has signed two deals with Clarksons’ port services unit to support operations and maintenance activities at the Nordseecluster offshore wind project. Clarksons Port Services will construct a new warehouse facility in the port of Eemshaven in the Netherlands. The facility…

  • Nova Scotia premier pitches 40GW offshore wind energy plan

    Nova Scotia premier pitches 40GW offshore wind energy plan The Canadian province of Nova Scotia has proposed a major offshore wind project with the end goal of constructing enough turbines to generate 40GW of electricity over the next decade. The premier of Nova Scotia, Tim Houston, outlined the plan, which would, if executed, cover around…

  • Cadeler buys Chinese-built wind turbine installation vessel

    Cadeler buys Chinese-built wind turbine installation vessel Copenhagen-headquartered offshore wind installation player Cadeler has bought a newly constructed jackup wind turbine installation vessel (WTIV) from Shanghai Boqiang Heavy Industry. The company acquired the 2024-built Boqiang 3060 vessel, set to be renamed Wind Keeper. The vessel is fitted with a Huisman main crane with a 2,200…

  • Morek Engineering unveils floating wind installation vessel concept

    Morek Engineering unveils floating wind installation vessel concept A consortium led by Morek Engineering has unveiled its design concept for a new vessel class for the floating offshore wind (FLOW) market, having completed the first feasibility stage. Consortium partners include naval architects Solis Marine Engineering, innovation specialists Tope Ocean, marine operations specialists First Marine Solutions,…

  • Norway opens bidding for 1.5GW of floating wind

    Norway opens bidding for 1.5GW of floating wind The Norwegian Ministry of Energy is calling for applications to its tender for three floating offshore wind project areas at Utsira Nord. Each project area may have an installed capacity of up to 500MW of floating offshore wind. Interested parties must submit applications by September 15. According…

  • Denmark sets up offshore wind tender with up to $8.3bn in subsidies

    Denmark sets up offshore wind tender with up to $8.3bn in subsidies The Danish government has revealed it would launch a 3GW offshore wind tender this autumn. The country also decided to support developers with two-sided contracts for difference after last year’s tender attracted no bids. The three tenders cover two areas in the Danish…

  • Lamprell pens wind installation vessel deal with Dong Fang Offshore

    Lamprell pens wind installation vessel deal with Dong Fang Offshore UAE-based fabricator Lamprell has signed a memorandum of understanding with Taiwanese owner and operator Dong Fang Offshore for a newbuild wind turbine installation and maintenance vessel. The GustoMSC-designed NG-9000X vessel will be built in compliance with Taiwanese shipping law. It will feature a heavy-lift crane,…

  • Esvagt and KMC Line firm up Korean offshore wind venture

    Esvagt and KMC Line firm up Korean offshore wind venture Danish offshore wind vessel operator Esvagt has officially formed a joint venture with South Korean shipping company KMC Line. The jv named KESTO will target the growing South Korean offshore wind market, where current plans include as much as 18.3 GW offshore wind to be…

  • Fugro gets more survey work on UK offshore wind farm

    Fugro gets more survey work on UK offshore wind farm Dutch surveyor Fugro has been awarded a contract to perform comprehensive geotechnical surveys for the eastern array of the Dogger Bank South (DBS) offshore wind farms. The initiative is led by RWE and Masdar to develop one of the UK’s most powerful offshore wind energy…

  • Dong Fang Offshore orders third CSOV from Vard

    Dong Fang Offshore orders third CSOV from Vard Taiwanese owner and operator Dong Fang Offshore (DFO) has ordered another commissioning service operation vessel (CSOV) from Fincantieri-controlled Norwegian shipbuilder Vard. The vessel will be a sister ship to the two CSOVs contracted in May 2024, and follows the order of a subsea construction vessel from the…

  • PD Ports planning development of $260m UK offshore wind hub

    PD Ports planning development of $260m UK offshore wind hub PD Ports has revealed plans to build one of the UK’s largest offshore wind manufacturing and installation hubs – the Teesport Offshore Gateway – an investment worth around £200m ($267m). The project will unlock just shy of 730,000 sq m of development potential for a…

  • Dutch government scales back offshore wind to preserve fisheries

    Dutch government scales back offshore wind to preserve fisheries The Dutch government has reduced its offshore wind targets and removed one of the zones set for offshore wind development to give more room to the fishing sector. The authorities decided to amend their North Sea Programme and, with it, reduce the offshore wind energy target…

  • LS Marine Solution gets cabling deal on Taiwanese offshore wind farm

    LS Marine Solution gets cabling deal on Taiwanese offshore wind farm South Korea’s LS Marine Solution has won a $15.8m contract for the installation of subsea cables at a wind farm off Taiwan. The contract is LS Marine Solution’s first overseas order and the first time a South Korean company has entered the international subsea…

  • Geoquip secures German North Sea wind farm contract

    Geoquip secures German North Sea wind farm contract Swiss-based offshore geotechnical data acquisition specialist Geoquip Marine has been awarded a survey contract by clean energy asset manager Luxcara for the Waterekke offshore wind farm in the German North Sea. The Njord Partners’ portfolio company, led by former PGS boss Rune Pedersen, said the work scope…

  • Two crewmen injured as OSV hits wind turbine in Dutch North Sea

    Two crewmen injured as OSV hits wind turbine in Dutch North Sea The Royal Dutch Sea Rescue Society (KNRM) has stated that it evacuated two injured crewmen from an OSV that hit the base of an offshore wind turbine in the North Sea. The 1990-built Glomar Venture, owned by the Dutch offshore support vessel player…

  • ScottishPower Renewables hires vessel trio for work on UK offshore wind farm

    ScottishPower Renewables hires vessel trio for work on UK offshore wind farm ScottishPower Renewables, part of Spain’s Iberdrola, has signed charter agreements with NR Marine Services and OEG to provide vessels to support the construction of the East Anglia Three offshore wind farm. The charter deals are worth over £16m ($21.2m) and all vessels will…

  • Cyan’s Sentinel Marine contracts MPSV newbuilds in China

    Cyan’s Sentinel Marine contracts MPSV newbuilds in China Aberdeen-based offshore support vessel specialist Sentinel Marine is expanding its fleet through a deal with China’s Jiangmen Hangtong Shipbuilding for up to four multipurpose newbuildings. The shipbuilding contract involves one firm 65-m energy support vessel with options for three more units. The newbuild, which takes the company’s…

  • HSM Offshore bags substation deal for 960MW UK offshore wind farm

    HSM Offshore bags substation deal for 960MW UK offshore wind farm ScottishPower Renewables, part of Spain’s Iberdrola, has awarded an engineering, procurement, construction, installation, and commissioning contract for work on the East Anglia Two offshore substation and jacket foundation to HSM Offshore Energy. HSM will deliver the 5,100-tonne offshore high-voltage substation and its 3,700-tonne jacket…

  • France risks missing offshore wind target without policy reform

    France risks missing offshore wind target without policy reform France is currently on course to miss its offshore wind installation target unless permitting and a more favourable investment climate is created, a new research claims. The Institute for Energy Economics for Financial Analysis (IEEFA) claimed in its new paper that France has a very low…

  • Octopus Energy buys into UK offshore wind farm

    Octopus Energy buys into UK offshore wind farm UK-based Octopus Energy has made another investment in the offshore wind sector, this time via the acquisition of a 10% stake in the East Anglia One wind farm. The 714MW wind farm is located 43 km off the coast of Suffolk in the East of England and…

  • Dong Fang Offshore orders subsea construction vessel at Vard

    Dong Fang Offshore orders subsea construction vessel at Vard Taiwanese owner and operator Dong Fang Offshore (DFO) has returned to Fincantieri-controlled Norwegian shipbuilder Vard for at least one subsea construction vessel. The subsidiary of Hung Hua Construction, with a fleet of more than 15 offshore vessels, is paying €113.5m ($126m) to see the firm vessel…

  • Norway’s sovereign wealth fund buys stake in two RWE offshore wind farms

    Norway’s sovereign wealth fund buys stake in two RWE offshore wind farms Norges Bank Investment Management (NBIM), the manager of the world’s largest sovereign wealth fund – often referred to as the Oil Fund – worth over $1.75trn, has bought a 49% stake in two offshore wind projects from German utility RWE. The fund bought…

  • Ingka, Oxan, and Avapa to develop two floating wind farms off Italy

    Ingka, Oxan, and Avapa to develop two floating wind farms off Italy IKEA owner Ingka Investments and French offshore wind developer Oxan Energy have partnered with Avapa Energy on two floating offshore wind development projects in Italy. The projects have the potential to reach a total installed capacity of 2.45GW. The two offshore wind projects…

  • Floating wind still going strong despite US policy turmoil

    Floating wind still going strong despite US policy turmoil The United States’ shift in offshore wind policy is set to create a potential global installation shortfall of 26GW by 2035 as a result, according to TGS’ latest report. The company said in its Quarterly Market Overview Report that the withdrawal of a major market like…

  • LS Cable & Systems focuses subsidiaries on offshore wind

    LS Cable & Systems focuses subsidiaries on offshore wind South Korea-based electrical cable provider LS Cable & System has announced that it will be expanding its presence in the offshore wind market through several of its subsidiaries. The company said that Gaon Cable, LS Eco Energy, LS Materials, and LS Marine Solution will further strengthen…

  • Northern Offshore Services enters SOV segment

    Northern Offshore Services enters SOV segment Sweden-based CTV owner and operator Northern Offshore Services has entered the SOV sector through an acquisition of one of Edda Wind’s vessels. The Norwegian offshore wind support vessel pureplay said in an Oslo Bors filing on Wednesday that it sold the 2018-built Mistral Enabler to an unnamed buyer. Closing of…

  • Fred Olsen Ocean sells out of United Wind Logistics

    Fred Olsen Ocean sells out of United Wind Logistics Norway’s Fred Olsen Ocean has sold its 50% stake in German deck carrier operator United Wind Logistics (UWL) to United Group sister company United Heavy Lift for €48.5m ($52.6m). The Oslo-based Bonheur subsidiary said the transaction should close by end-April and that the gross proceeds from…

  • Jan De Nul and Hellenic Cables ink framework deal with National Grid

    Jan De Nul and Hellenic Cables ink framework deal with National Grid Belgium’s Jan De Nul and its Greek consortium partner Hellenic Cables, have signed a framework agreement with British utility National Grid for future HVDC cable projects across the UK and Europe. The deal will entitle the consortium to participate in upcoming tenders for…

  • Ocean Installer joins team developing UK floating wind farm

    Ocean Installer joins team developing UK floating wind farm Marine construction contractor Ocean Installer has joined the alliance of companies developing the Aspen floating offshore wind project in the North Sea. Ocean Installer’s addition to the alliance will drive down the costs of installation and its existing fleet of vessels and workforce can be transferred…

  • Ocean Winds secures license for 1,125MW Korean offshore wind project

    Ocean Winds secures license for 1,125MW Korean offshore wind project Ocean Winds, a joint venture between France’s Engie and Portuguese electric utilities company EDP, has been granted an electricity business license for its Hanbando wind farm off South Korea. The 1,125MW bottom-fixed project is located in the exclusive economic zone off Incheon. The license grants…

  • Jan De Nul heavy lift vessel set for work on Scottish offshore wind farm

    Jan De Nul heavy lift vessel set for work on Scottish offshore wind farm Belgian marine contractor Jan De Nul will provide its 2023-built heavy lift vessel Les Alizés to transport and install the monopile foundations on the Inch Cape wind farm offshore Scotland. The wind farm will comprise 72 turbines sited in the North…

  • BP cuts renewables investments by $5bn, sets sights firmly on oil and gas

    BP cuts renewables investments by $5bn, sets sights firmly on oil and gas UK-based energy giant BP has announced it will cut its renewable energy investments and instead increase its investment in oil and gas production. The company buckled under pressure from investors who were unhappy over the company’s underperformance compared to its main rivals…

  • Louis Dreyfus Armateurs to be taken over by fellow private equity firm

    Louis Dreyfus Armateurs to be taken over by fellow private equity firm French family-owned shipowner Louis Dreyfus Armateurs (LDA) has revealed takeover talks with compatriot private equity firm InfraVia. The two companies have entered exclusive negotiations for Paris-based InfraVia to acquire an 80% stake in LDA which currently manages 23 ships in roro, offshore wind…

  • All eyes on EU as it presents Clean Industrial Deal to future-proof energy sector

    All eyes on EU as it presents Clean Industrial Deal to future-proof energy sector The European Union has unveiled the Clean Industrial Deal, a transformational business plan outlining […] The post All eyes on EU as it presents Clean Industrial Deal to future-proof energy sector appeared first on Offshore Energy. Naida Hakirevic Prevljak Go to…

  • Louis Dreyfus Armateurs picks ZPMC for SOV newbuild series

    Louis Dreyfus Armateurs picks ZPMC for SOV newbuild series France’s Louis Dreyfus Armateurs (LDA) has selected Shanghai Zhenhua Heavy Industries (ZPMC) to build its latest series of service operation vessels (SOV) that will be deployed on offshore wind sites in the German North Sea. Earlier this year the French family-owned shipowner emerged as a winner…

  • MPC Capital secures funds for offshore service vessel joint venture

    MPC Capital secures funds for offshore service vessel joint venture French private equity firm and investment group Eurazeo and a large European family office have invested in MPC Capital’s recently launched platform for offshore service vessels. The platform was initiated by a joint venture of MPC Capital and O.S. Energy – named MPC OSE Offshore…

  • Balmoral teams with Korean firms for work on Equinor’s floating wind farm

    Balmoral teams with Korean firms for work on Equinor’s floating wind farm Balmoral Comtec, a subsidiary of offshore energy supply chain firm Balmoral has signed a memorandum of understanding (MoU) for work on Equinor’s Firefly floating wind project with South Korea-based LS Cable & System and LS Marine Solution. This agreement follows LS Cable &…

  • Spanish Avalon to invest €8 billion in hydrogen and derivatives projects

    Spanish Avalon to invest €8 billion in hydrogen and derivatives projects Spanish energy company Avalon Renovables plans to invest around €8 billion in the development of green hydrogen and derivatives projects in different locations distributed between the provinces of Jaén, Huelva, Cádiz and Málaga. The post Spanish Avalon to invest €8 billion in hydrogen and…

  • Olympic contracts offshore newbuild brace at China Merchants shipyard

    Olympic contracts offshore newbuild brace at China Merchants shipyard Norway’s Olympic is expanding its fleet with a pair of offshore construction vessel newbuilds contracted at China Merchants Heavy Industry shipyard in Shenzhen. The Stig Remøy-led offshore vessel owner said the vessel will be the most energy-efficient in their category and delivered in the summer of…

  • Helix secures Hornsea 3 contract

    Helix secures Hornsea 3 contract Helix Energy’s marine contracting business unit, Helix Robotics Solutions has been hired by Seaway7 the renewables unit of Oslo-listed Subsea7 for the burial of inter-array cables at Ørsted’s Hornsea 3 offshore wind farm in the UK. The project scope, which will be managed from Helix’s offices in Aberdeen, includes the…

  • Integrated Wind Solutions gets first deal for brand new CSOV

    Integrated Wind Solutions gets first deal for brand new CSOV Commissioning service operation vessel owner Integrated Wind Solutions (IWS) has secured a new contract for the charter of one of its vessels. The contract was won by the company’s wholly-owned subsidiary IWS Fleet. The deal is for the IWS Starwalker CSOV and will last a fixed…

  • Cadeler bags first deals for newbuild wind installation vessel

    Cadeler bags first deals for newbuild wind installation vessel Copenhagen-headquartered offshore wind installation player Cadeler has signed two contracts with undisclosed clients for its newbuild wind installation vessel Wind Mover starting immediately upon delivery.  The vessel, currently under construction at Hanwha Ocean Shipyard in Korea, will support operations, maintenance activities, and potential installation work in…

  • Mads Nipper steps down as Ørsted CEO

    Mads Nipper steps down as Ørsted CEO The chief executive officer of Danish offshore wind developer Ørsted, Mads Nipper, has stepped down from his role. Nipper will step down from the CEO position on February 1 at which time Rasmus Errboe, the current deputy CEO and chief commercial officer, will step into the role of…

  • DEME nets deal for work on two German offshore wind projects

    DEME nets deal for work on two German offshore wind projects Belgium-based marine contractor DEME has been awarded two contracts for the transport and installation of 112 foundations at the Nordlicht 1 and 2 offshore wind farms in Germany. In addition to the two contracts, worth around €300m ($312m) in total, the company also secured…

  • Jan De Nul awarded German wind farm contract

    Jan De Nul awarded German wind farm contract Belgium’s Jan De Nul has secured a contract to install 196 km of inter-array cables for the Nordlicht offshore wind farm project in Germany. The Nordlicht wind farm zone, located 85 km north of the island of Borkum in the German North Sea, consists of two separate…

  • DeepOcean wins Polish wind survey contract

    DeepOcean wins Polish wind survey contract Norwegian ocean services contractor DeepOcean has won subsea survey work on the Bałtyk 2 and 3 offshore wind developments in Poland. Jointly developed by Equinor and Polenergia the Bałtyk 2 and 3 offshore wind farms will have a total combined capacity of 1.44 GW. Under the contract with an…

  • Asso.subsea orders shallow-water cable layer from China

    Asso.subsea orders shallow-water cable layer from China Greece-based offshore contractor Asso.subsea has ordered a large shallow-water cable layer from China Merchants Heavy Industry. The vessel will be designed by China Merchants Industry and constructed at the China Merchants Industry Mazhou Island Base. The cable layer will be 175 m long and 41.8 m wide. It…

  • Havfram seals European wind farm deal

    Havfram seals European wind farm deal Norwegian offshore wind contractor Havfram has landed another construction project in Europe. The work, anticipated to last about one year, will be executed in 2029, utilising one of the company’s newbuild installation vessels, slated for delivery in the second half of 2025, Havfram said without disclosing further details. This…

  • Petron Scientech selects Verdagy’s electrolyzers for e-methanol production

    Petron Scientech selects Verdagy’s electrolyzers for e-methanol production U.S. technology company Petron Scientech has chosen compatriot renewable hydrogen electrolysis company Verdagy to provide electrolyzers for the production of e-methanol in its biorefinery. The post Petron Scientech selects Verdagy’s electrolyzers for e-methanol production appeared first on Offshore Energy. Aida Čučuk Go to offshore energy biz

  • CNOOC earmarks up to $19 billion for oil & gas, offshore wind, solar, and AI-integrated plays

    CNOOC earmarks up to $19 billion for oil & gas, offshore wind, solar, and AI-integrated plays China’s CNOOC has set out its multibillion-dollar business strategy and development plan for 2025. The post CNOOC earmarks up to $19 billion for oil & gas, offshore wind, solar, and AI-integrated plays appeared first on Offshore Energy. Melisa Cavcic…

  • Trump makes good on all his energy promises: ‘Golden’ US oil, gas, & LNG age and offshore wind pause in effect

    Trump makes good on all his energy promises: ‘Golden’ US oil, gas, & LNG age and offshore wind pause in effect Will Trump’s upcoming oil and gas era be a setback, holding back U.S. renewables’ progress, or a shot in the arm galvanizing greener zest? The post Trump makes good on all his energy promises:…

  • Bibby Marine selects new yard for electric CSOV newbuild

    Bibby Marine selects new yard for electric CSOV newbuild UK shipowner Bibby Marine has found a new shipbuilder in Spain for its electric commissioning service operation vessel (eCSOV). The contract for the innovative eCSOV has been moved from Gondan Shipbuilders to shipyard Armon after the project timelines were unable to be fulfilled, the company told…

  • NYK establishes offshore wind CTV joint venture

    NYK establishes offshore wind CTV joint venture Japan’s Nippon Yusen Kaisha (NYK) has launched a crew transfer vessel shipmanagement joint venture for domestic offshore wind projects. The jv company Japan Offshore Support (JOS), in which NYK will hold a 51% stake, has been established with local towing player Akita Eisen Kisen Kaisha, following a memorandum…

  • Louis Dreyfus Armateurs lands $575m Vattenfall SOV deal

    Louis Dreyfus Armateurs lands $575m Vattenfall SOV deal Louis Dreyfus Armateurs (LDA) has secured a contract for up to three service operation vessels that will be deployed on offshore wind sites in the German North Sea. The French family-owned shipowner has emerged as a winner of an SOV tender issued by Sweden’s biggest utility, Vattenfall,…

  • Van Oord clinches cable installation contract in Taiwan

    Van Oord clinches cable installation contract in Taiwan Dutch marine construction firm Van Oord has been contracted by Danish fund manager and renewables investor Copenhagen Infrastructure Partners (CIP) to install inter-array cables for the Fengmiao 1 offshore wind farm in Taiwan. Under the contract with an undisclosed value, Van Oord will transport and install 33…

  • Next Geosolutions secures more work for TenneT

    Next Geosolutions secures more work for TenneT Offshore energy services contractor Next Geosolutions has been selected by Dutch-German transmission system operator TenneT for site surveys at two wind farm zones off the Netherlands. The contract worth €27m ($27.7m) will see the company, part of Naples-based shipping group Marnavi, carry out marine UXO surveys in the…

  • Taiwan’s Dong Fang Offshore enters European market with DeepOcean charter deal

    Taiwan’s Dong Fang Offshore enters European market with DeepOcean charter deal Taiwanese owner and operator Dong Fang Offshore (DFO) has sealed a deal to charter out one of its construction support vessels to Norwegian ocean services provider DeepOcean. The subsidiary of Hung Hua Construction, with a fleet of 16 vessels including those under construction, has…

  • Ziton bolsters jackup fleet 

    Ziton bolsters jackup fleet  Danish shipowner and offshore wind specialist Ziton has expanded its fleet of operations and maintenance jackup vessels. The company, acquired by a fund advised by Australia’s Macquarie Asset Management last year, is adding the 2011-built unit named Wind Discovery for an undisclosed sum, taking its fleet to six dedicated O&M jackups.…

  • Heerema secures TenneT floatover barge deal

    Heerema secures TenneT floatover barge deal Dutch offshore construction player Heerema Marine Contractors has inked a contract with Dutch-German transmission system operator TenneT for the delivery of a new float-over barge, tailored for the installation of ultra-heavy topsides. The TSO plans to connect 14 high-voltage direct current (HVDC) offshore grid connection systems with a transmission…

  • Equinor secures $3bn in financing for US offshore wind project

    Equinor secures $3bn in financing for US offshore wind project Norwegian energy giant Equinor has secured a $3bn financing package for its Empire Wind 1 project in the US. The company explained that the project was able to secure competitive terms due to strong interest from lenders. “The final group of lenders includes some of…

  • EDF, Ocean Winds-led consortiums win French floating wind round

    EDF, Ocean Winds-led consortiums win French floating wind round French Ministry of Industry and Energy has selected partnerships between EDF Renewables and Maple Power as well as Ocean Winds and Banque des Territoires to build and operate a 250 MW floating offshore wind farm each in the Mediterranean. The two projects were selected following the…

  • NKT scores $1bn cabling deal in Germany with TenneT

    NKT scores $1bn cabling deal in Germany with TenneT Danish offshore cabling specialist NKT has been awarded two turnkey projects in Germany under a multi-year framework agreement with transmission system operator TenneT. TenneT has selected NKT to provide 525 kV XLPE HVDC on- and offshore power cable systems for two projects. The scope involves cable…