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Italian company Fincantieri has set the main terms and conditions to acquire 100% of Remazel Engineering, helping it to strengthen its position in the growing offshore wind sector. The transaction enables the group to acquire highly specialised capabilities in the design and supply of topside equipment, while increasing its role as partner of the major… Read More
The UAE announced plans for its second large investment in the UK offshore energy sector forming a partnership with Iberdrola which is set to develop one of the largest wind farms in the UK sector. This initiative which is part of a broader cooperation between the UAE’s Masdar and Spain’s Iberdrola follows a similar agreement… Read More
Today (5th December) at COP28 in Dubai, global green energy giants Iberdrola and Masdar announced a €15 billion strategic partnership agreement to evaluate the joint development of offshore wind and green hydrogen projects in key markets including Germany, UK and the USA. After the parties’ successful co-investment in Baltic Eagle, in Germany, the new milestone of this alliance will be to… Read More
HOUSTON, Dec. 04, 2023 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today that it was awarded a third rock installation contract to perform subsea rock cable protection on an offshore wind project off the East Coast… Read More
The Preservation Society of Newport County, which owns 11 historic properties, and the Southeast Lighthouse Foundation on Block Island filed appeals this week of the Bureau of Ocean Energy Management’s approval of the South Fork Wind Farm and Revolution Wind. “We support green energy,” Trudy Coxe, CEO of the Preservation Society, said in a statement. “For two… Read More
Ørsted has been granted a 1.6 GW electricity business license (EBL) by the Ministry of Trade, Industry & Energy of Korea for an offshore wind project located 70 km off the coast of Incheon City. The license grants Ørsted exclusive development rights for its gigawatt-scale Incheon offshore wind project, which is set to become the… Read More
Today, at COP28, Ørsted announced that the EU-Catalyst Partnership, which consists of the European Commission, Breakthrough Energy Catalyst, and the European Investment Bank, has vowed to support Ørsted’s FlagshipONE project, highlighting the innovative nature of this project and its potential to contribute to the decarbonisation of shipping. FlagshipONE is Europe’s largest e-methanol plant and is… Read More
Earlier this year, the Port of Long Beach announced plans to build Pier Wind, a $4.7-billion “floating” pier which would be used for the assembly of giant offshore wind turbines. That plan has taken a key step forward reality this week, with the start of the environmental review period for the project. The project, as detailed in… Read More
A senior Coast Guard officer overseeing the Offshore Patrol Cutter program indicated he’d be open to working with either Austal or Eastern Shipbuilding Group for the third phase of the program, potentially setting up a rematch between the two companies with billions of dollars in work on the line. “It’s very urgent we get those OPCs out… Read More
Giant offshore windfarms are a cornerstone of President Joe Biden’s clean energy platform. He pledged that 10 million homes would be powered by offshore wind by the end of this decade. But progress has been slow. What’s causing the setbacks? Today, On Point: Considering whether offshore wind can help power the U.S. economy. Guests Kris Ohleth, director… Read More
Close to $22 billion in U.S. offshore wind projects have been delayed or canceled, but the Virginia utility is moving forward with the largest facility in U.S. waters. At the end of October, Danish wind giant Ørsted announced that it is canceling its pair of big offshore projects in New Jersey — marking the latest… Read More
Dutch ship builder Damen has announced an all-electric version of its 70-m-long hybrid service vessel designed to support offshore wind farm operations. And the company is aiming to charge the batteries direct from a wind turbine. Groups of giant turbines harvesting wind energy are becoming an increasingly common sight off coastlines around the globe, but… Read More
A unique coalition of organized labor and environmental groups that successfully passed a landmark offshore wind bill earlier this year is now signaling its unequivocal support for the responsible development of an offshore wind port on Maine’s coast. The coalition, including Maine’s largest conservation groups and labor organizations, recently released the following statement highlighting the… Read More
Windcat is committed to further expanding its CSOV fleet and has placed an additional order of two Commissioning Service Operation Vessels (CSOVs) with Damen Shipyards. This order increases Windcat’s CSOV fleet to a total of five vessels, leaving the option of acquiring a sixth vessel. This development follows the initial announcement made in November 2022 regarding the… Read More
Damen Shipyards Group has officially launched its latest vessel, a fully electric Service Operations Vessel (SOV), 70 metres x 17 metres. With its offshore charging capabilities, the vessel paves the way for significantly reduced emissions in the maintenance of offshore wind farms. Creating a total solution Three years ago, Damen set out to assess the feasibility… Read More