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Under this contract, the joint-venture between SBM Offshore and Technip Energies will construct and install a Floating Production, Storage and Offloading vessel (FPSO), leveraging Technip Energies’ expertise in engineering and modularization for the topsides and SBM Offshore’s Fast4Ward® hull. Thanks to the joint expertise of the two companies, the project will be designed to minimize greenhouse… Read More
Malaysia’s top shipping line, MISC, has moved to combine its offshore business with fellow floating production storage and offloading (FPSO) vessel specialist Bumi Armada. The two companies have entered into a non-binding memorandum of understanding to explore a prospective share-based merger, following market talk of a potential tie-up earlier this year. “The proposed merger will… Read More
Siemens Energy’s wind turbine unit still expects break even in 2026 after resuming turbine sales of the 5MW platform next year Losses at Siemens Gamesa narrowed in its fourth quarter of its 2024 fiscal year as costs due to the known quality issues at the Siemens Energy unit’s 4 and 5MW onshore wind turbine platforms… Read More
The project could potentially generate 2.4GW of offshore wind energy, enough to power 800,000 homes. The US Bureau of Ocean Energy Management (BOEM) has published its final environmental impact statement (EIS) for the SouthCoast Wind Project. The move aligns with the US administration’s target of deploying 30GW of offshore wind energy capacity by 2030. If… Read More
Maersk Tankers is taking a pioneering step in maritime sustainability by deploying the eSAIL® suction sail technology on five MR vessels in 2025 and 2026. Designed by bound4blue, the automated Wind-Assisted Propulsion System (WAPS) aims to significantly cut fuel use and CO2 emissions by generating aerodynamic lift to enhance propulsion efficiency. Maersk Tankers manages a… Read More
Seatrium Limited, through its subsidiary, has signed a Letter of Intent (LOI) with Japan’s Penta-Ocean Construction (POC) to begin early engineering work on a 5,000 ton heavy lift vessel (HLV) designed for Japan’s offshore wind market. This potential collaboration marks Seatrium’s entry into the Japanese wind sector, with the final engineering, procurement, and construction (EPC)… Read More
In support of the Biden-Harris administration’s efforts to deploy 30 GW of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) has announced the availability of the final environmental impact statement (EIS) for the proposed SouthCoast wind project. If approved, this project could generate up to 2.4 GW of offshore wind… Read More
The wind industry has offered to work with President-elect Trump and his allies in Congress, highlighting job creation and energy independence What to Know Opponents of offshore wind energy projects expect President-elect Donald Trump to kill an industry he has vowed to end on the first day he returns to the White House. Numerous offshore… Read More
Renewables advocates highlight growth of clean energy under president-elect’s first term while opponents are bolstered by his sector antagonism Offshore wind groups put on a brave face on Donald Trump’s election as US president amid fears his administration would halt federal permitting and leasing, moves that could discourage supply chain investment over the next four… Read More
If a Trump Interior Department slows permitting or halts leasing or reviews, it could delay projects on the East Coast. One of those is SouthCoast Wind, which plans to use the MassCEC terminal in the city to marshal the major wind turbine components. Representatives of the offshore wind industry in public remarks on Wednesday congratulated… Read More
A hostile administration will compound the challenges Maine faces in reaching its ambitious renewable energy goals. President-elect Donald Trump has promised to stop offshore wind development on day one of his administration. That will compound the challenges Maine faces in reaching its ambitious climate and renewable energy goals – and that humanity faces in limiting the looming… Read More
RWE to locate its offshore construction base for its 1.1 GW Thor offshore wind farm at Thyborøn Port. Buss Ports to handle secondary steel structures at Thyborøn Port from 2025 onwards Offshore installation work to begin – as planned – in spring 2025; full commissioning expected in 2027. Enough wind power to supply equivalent of… Read More
In support of the Biden-Harris administration’s efforts to deploy 30 gigawatts (GW) of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) has announced the availability of the final Environmental Impact Statement (EIS) for the proposed SouthCoast Wind Project. If approved, this project could generate up to 2.4 GW of offshore wind energy, enough to power… Read More
Offshore wind turbines are helping to drive the clean energy transition, yet from Donald Trump to local activists, accusations against “whale-killing” windmills are flying. When former US President Donald Trump spoke at a New Jersey rally in May, he promised to scrap all wind energy projects on “day one” if he returns to the White House. Then in August,… Read More
The CVOW project, located 27 miles off the coast of Virginia Beach, is set to generate 2.6 gigawatts of clean energy by 2026, with ongoing construction on track and on budget. Dominion Energy has announced that it completed the first installation season of its Coastal Virginia Offshore Wind (CVOW) project, successfully installing 78 monopile foundations and… Read More