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Shareholders accepted the proposed merger between Cadeler and Eneti which will create the largest owner-operator of wind turbine installation vessels. Settlement of the share exchange is expected to begin momentarily as regulators have accepted the registration of the new shares. Cadeler reported late today that it expects to receive final approval tomorrow, and the new… Read More
Supporting the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030 and 15 GW of floating offshore wind energy capacity by 2035, the Bureau of Ocean Energy Management (BOEM) today announced it will conduct a regional environmental review of potential development activities on the five offshore wind lease areas… Read More
Johan Bergenas is senior vice president, oceans, at the World Wildlife Fund. The UN climate summit in Dubai was a win for offshore wind as world leaders agreed to triple renewable energy capacity by 2030 in order slash carbon pollution. This development comes as a relief for an industry that experienced serious setbacks this fall,… Read More
The US has slashed the number of oil and gas leases it plans to offer to the minimum needed to push its new offshore wind leases. Under the US Inflation Reduction Act (IRA), the Bureau of Ocean Energy Management (BOEM) can only issue a lease for offshore wind development after offering at least 60m acres… Read More
“In a shipyard near the southern tip of Texas, more than 1,000 workers are rushing to finish a massive vessel that embodies the promise and peril of America’s offshore wind-energy dreams. Named after a mythical sea monster, the Charybdis will be the first vessel allowed to pick up turbine parts from U.S. ports, haul them… Read More
By: Maritsa Georgiou The future of energy in America may be blowing in the wind. Wind power currently provides only about 10% of the country’s electricity, mostly from the 70,000 land-based turbines in the U.S. But 35 miles off the coast of Montauk Point, New York, South Fork Wind could represent the next frontier of energy. “It’s… Read More
Kjell Inge Røkke-controlled Aker Capital has upped its stake in Solstad Offshore, acquiring a further 8.24m shares in the Norwegian outfit at an average price of NOK48.45 ($4.62) per share. Following the transaction, Aker Capital now holds approximately 32.9 % of the shares and votes in the company. Solstad Offshore struck a refinancing deal for… Read More
OEG Energy Group Limited (“OEG”, the “Group”), a leading offshore solutions business, is pleased to announce that it has signed a Sale and Purchase Agreement (“SPA”) to acquire Bluestream Offshore B.V (“Bluestream”) a specialist in subsea and topside services based in The Netherlands for an undisclosed consideration. Bluestream, headquartered in Den Helder in The Netherlands is an… Read More
WASHINGTON — Consistent with the requirements of the Inflation Reduction Act (IRA) concerning offshore conventional and renewable energy leasing, the Department of the Interior today published the final 2024–2029 National Outer Continental Shelf Oil and Gas Leasing Program (Program) with the fewest oil and gas lease sales in history. The Department published the Proposed Final Program and corresponding… Read More
Ørsted and Jan De Nul Group announce the installation of the first foundation for the Borkum Riffgrund 3 offshore wind farm (913 MW) off the German Coast. Borkum Riffgrund 3 will be the largest wind farm in German waters to date. Jan De Nul Group’s heavy-lift vessel Les Alizés has installed the first of 83… Read More
Dive Brief: The upcoming Central Atlantic offshore wind auction will not include the wind energy area offshore Maryland that was finalized in July – only the WEAs offshore Virginia and Delaware, the Bureau of Ocean Energy Management announced in a proposed sale notice released Monday. To help Maryland still meet its goal of deploying 8.5 GW… Read More
For centuries, the power of the wind over the open ocean has inspired adventurers, poets, songwriters and dreamers. Today, it’s also inspiring a highly promising industry — offshore wind energy — that could help U.S. coastal states harness new tax revenues to invest in coastal infrastructure and resilience while advancing the country’s transition to a… Read More
The Swedish Baltic Sea port of Trelleborg is using ENERCON wind turbines to transition to renewable energies. The port operator is installing two E-82/2.35 MW WECs in order to supply ships located at the port with green shore-side power in future. Together with an own solar park, they are expected to meet the energy requirements… Read More
In support of the Biden-Harris administration’s goal of deploying 30 gigawatts of offshore wind energy capacity by 2030, the Bureau of Ocean Energy Management (BOEM) has completed its environmental review of the proposed Sunrise Wind energy project, which is located approximately 16.4 nautical miles (nm) south of Martha’s Vineyard, Mass., approximately 26.5 nm east of Montauk, N.Y.,… Read More
In another step by the Biden-Harris administration to support the growing momentum across America for a clean energy economy, the Department of the Interior today announced the proposal of an offshore wind lease sale in the Central Atlantic. The announcement is part of the Administration’s latest actions to expand offshore wind opportunities, building on investments made by… Read More