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Eneti Inc. (NYSE:NETI) reports that its Seajacks UK Limited subsidiary has signed a contract with an undisclosed client to transport and install turbines for an offshore wind project commencing in the first half of 2025. The contract will be performed by the first of the company’s two NG16000X Wind Turbine Installation Vessels currently under construction at… Read More
Virginia regulators granted a critical approval Thursday for Dominion Energy’s plans to construct and operate a 176-turbine wind farm in the Atlantic Ocean. The State Corporation Commission effectively signed off on an agreement Dominion reached this fall with the Virginia attorney general and other parties, in which the company agreed to implement several consumer protections… Read More
Offshore wind is making a key contribution to achieving climate change targets around the world. Ingenious solutions are required to keep up with the rapid increase in scale in the offshore wind industry. But how do you keep up with all the ingenious solutions? Van Oord and DOT value sharing knowledge. Together they organise a… Read More
The Danish Business Authority has awarded the Danish Power-to-X flagship project ‘Green Fuels for Denmark’ DKK 600 million as part of Denmark’s participation in the European IPCEI programme. The funding will go towards realising Green Fuels for Denmark’s first phases of 10 MW, 100 MW and 300 MW, respectively. The Green Fuels for Denmark consortium… Read More
Saipem has been awarded new contracts in Guyana and Egypt for a total amount of approximately 1.2 billion USD. The first contract has been awarded by ExxonMobil Guyana, subject to government approvals, for the UARU oil field development project, located in the Stabroek block offshore Guyana at a water depth of around 2,000 meters. The contract… Read More
A consortium of Shell and Eneco, a division of Mitsubishi, won the tender to develop the Netherlands’ next offshore wind farm in an area known as Hollandse Kust (west) located more than 30 miles off the west coast of the Netherlands. Like a second lease awarded last month to RWE for the second lot in… Read More
The government of New Zealand is seeking public feedback on proposals for the development of offshore renewable energy capacity in the country. The proposals were developed by the Ministry of Business, Innovation and Employment (MBIE), and are based on preliminary discussions with offshore wind developers and communities from regions that would host the offshore wind… Read More
Today marks the first-ever U.S. auction of leases to develop commercial-scale floating wind farms, in the deep waters off the West Coast. The live, online auction for five leases — three off California’s central coast and two off its northern coast — has attracted strong interest, and 43 companies from around the world are approved… Read More
The Biden administration is set Tuesday to auction off the first-ever floating offshore wind leases in the Pacific Ocean, setting up a bidding war off the coast of California that could shape the industry for years to come. The Bureau of Ocean Energy Management (BOEM) is selling five leases off the northern and central coast,… Read More
Offshore wind has historically been dependent on government subsidies, and this is still the case for most projects, although support levels have generally declined over the past 10 years. Westwood said in a recent report that even ‘zero subsidy’ projects usually receive some indirect financial support, often in the form of the grid operator funding… Read More
We have our winners! The Bureau of Ocean Energy Management (BOEM) just announced the provisional winners of the first-ever offshore wind energy lease auction on the West Coast. California North Floating, LLC, a subsidiary of Copenhagen Infrastructure Partners, and RWE Offshore Wind Holdings, LLC, a German multinational energy company, placed the winning bids for two lease areas… Read More
Whether Louisiana and other coastal states with offshore energy production soon receive additional billions in royalty payments depends on the partisan fight over funding the federal government that will dominate Congress this week. Reinvesting In Shoreline Economies and Ecosystems Act of 2022, called RISEE, would do a lot of things, such as set up a… Read More
After the successful completion of Moray East for Ocean Winds in 2020, DEME is pleased to announce that it will be back in the Moray Firth installing the foundations for another offshore wind farm in Scotland. Moray West is the second major project undertaken for Ocean Winds, which is leading the development, and represents a sizeable (1) contract for DEME. DEME… Read More
Incat Crowther is proud to announce the handover of a new purpose-built catamaran CTV to Goldsea Marine & Offshore Engineering (Shanghai) Co Ltd (Goldsea). The Incat Crowther 32, built by AFAI Southern Shipyard in Guangzhou, represents a step change for the Chinese offshore wind industry, offering enhanced capabilities including a large cargo zone and a… Read More
Skudeneshavn, Norway, headquartered Solstad Offshore ASA (OSE: SOFF) reports that two of its PSVs, Normand Naley and Sea Frost, have been awarded five-year contracts by Equinor UK Limited (Equinor). Both contracts will run for five years from January 2023 and include options for further extensions. The Sea Frost, a 2013-built PX 105 design vessel which has been on contract with Equinor since 2017,… Read More