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Work has officially begun on building a £400m offshore wind turbine factory on the site of a former steelworks. Korean firm SeAH wind wants to build up to 150 turbine bases a year at its new Teesworks site creating 750 new jobs. Tees Valley mayor Ben Houchen said the old Redcar steelworks site was “filling up”… Read More
NEW YORK–(BUSINESS WIRE)–New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) and Apollo (NYSE: APO) today announced that they have entered into a definitive Equity Purchase and Contribution Agreement (the “Purchase and Contribution Agreement”) to sell 11 LNG infrastructure vessels owned by NFE to a newly formed joint venture (the “JV” or the “Platform”) between funds managed… Read More
Port of Tallinn and Sunly have signed a Memorandum of Understanding with the goal of realizing offshore wind energy in the Baltic States and creating maximum local knowledge and business opportunities during the development, installation as well as operation and maintenance of Sunly’s offshore wind farms. Sunly is developing offshore projects at West of Saaremaa… Read More
The International Marine Contractors Association (IMCA) has appointed Dustin Varnell to its Business Development team. Based in Rhode Island, Dustin will focus on the U.S. offshore wind energy market, complementing the work of Bruce Gresham, IMCA’s Director of Client Engagement in the U.S. Allen Leatt, IMCA CEO stated: “As a Master Mariner on dynamic positioned… Read More
The UK Department for Business, Energy and Industrial Strategy (BEIS) has awarded Ørsted a contract for difference for its Hornsea 3 offshore wind farm. The project was awarded at an inflation-indexed strike price of GBP 37.35 per MWh in 2012 prices. With a capacity of 2,852 MW, Hornsea 3 will produce enough low-cost, clean, renewable… Read More
Plans to generate electricity through floating wind farms off the south Wales coast could create thousands of new jobs, according to the Crown Estate. The property business owned by the monarch but run independently said the new industry could create about 29,000 jobs, including 10,000 in Wales. It is leasing the space to generate enough… Read More
Scottish engineering firm Orbital Marine Power said Monday it secured £8 million ($9.64 million) in funding to “finance the ongoing operation” of its O2 tidal turbine, in another step forward for the fledgling tidal power sector. In an announcement, Orbital Marine Power said £4 million had come from the Scottish National Investment Bank, which was… Read More
Austal U.S. has been selected to build the U.S. Coast Guard’s next set of 11 Offshore Patrol Cutters (OPCs). The $3 billion contract award comes as a disappointment for Eastern Shipbuilding Group, the Florida-based shipyard that worked on the design and built the first four in the series. In 2016, Eastern Shipbuilding Group won a… Read More
Parkwind has awarded Semco Maritime a service contract for the offshore substation at the 257MW Arcadis Ost 1 offshore wind farm in the German Baltic Sea. The contract covers 2022-2027 and will see the latter company perform service assignments at the platform northeast of the German island of Rügen. Semco Maritime has already been responsible… Read More
Eidesvik Offshore has appointed Helga Cotgrove as Chief Financial Officer (CFO). She will join the Company on 1 October 2022 at the latest. Cotgrove has more than 20 years of energy sector finance experience in various roles within M&A, strategy, tax, finance, accounting, and auditing. She comes from the position as CFO in Norsk Solar… Read More
TGS ASA, a global provider of energy data and intelligence, today announced that it has been named a successful bidder in the auction process conducted in connection with ION Geophysical Corporation’s (ION) Chapter 11 bankruptcy case pending in the United States Bankruptcy Court for the Southern District of Texas. As a result, TGS will acquire certain assets… Read More
TGS ASA (“TGS”), a global provider of energy data and intelligence, announced today that it has acquired Prediktor AS (“Prediktor”), a leading provider of asset management and real-time data management solutions to renewable and energy asset owners. Established in 1995, the company has carried out thousands of installations on mission-critical industrial and energy assets on… Read More
Edda Wind welcomes Jan Lodden to the team in the newly established position as COO. Lodden has a background as Master Mariner of offshore service vessels, including building supervision. He has been with Eidesvik Offshore management for more than 20 years and comes from the position as COO. “Edda Wind is very pleased with securing… Read More
Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utility companies in the Europe, the Middle East and Africa region, today announced it has completed the safe and successful removal of the Brae Alpha West drilling rig (Rig 1) and the Brae Bravo upper main jacket in the Northern North Sea…. Read More
Siemens Gamesa will supply 15 units of its SG 5.0-145 turbine for South Korea’s third largest wind farm to developer SK D&D. Following its expected commissioning in 2024, the 75 MW Gunwi wind farm will generate enough electricity to power 64,000 local households, forming part of the country’s efforts to reduce reliance on fossil fuels… Read More