Ørsted, the global leader in offshore wind, has signed an agreement with Copenhagen Infrastructure Partners (CIP), through its fifth flagship fund, Copenhagen Infrastructure V (CI V), to divest its entire European onshore business. The total value of the transaction is EUR 1.44 billion (DKK 10.7 billion) with expected closing in Q2 2026, subject to regulatory… Read More
Today, the U.S. District Court for the District of Columbia granted the preliminary injunction sought by Sunrise Wind LLC (‘Sunrise Wind’) regarding the 22 December 2025 suspension order issued by the Director of the Department of the Interior’s Bureau of Ocean Energy Management (‘BOEM’). The court’s action will allow the Sunrise Wind Project (the ‘Project’)… Read More
Washington, DC: Today, Judge Royce Lamberth ruled that Sunrise Wind, aimed at powering 600,000 New York homes, can resume construction. This marks the fifth time in a row that a federal court has allowed one of the five offshore wind projects suspended in December to move forward. Since December, Vineyard Wind off Massachusetts, Revolution Wind off… Read More
The first production wind turbine for the Coastal Virginia Offshore Wind project was installed Jan. 27, less than two weeks after developer Dominion Energy won a temporary injunction against the Trump administration’s stop-work order. Dominion’s 472’x184’ wind turbine installation vessel (WTIV) Charybdis, built at Seatrium’s AmFELS shipyard in Brownsville, Texas, is the first Jones Act-compliant WTIV under the U.S. flag. After the… Read More
HOUSTON, Feb. 1, 2026 /PRNewswire/ — McDermott has been awarded a decommissioning definition engineering contract by QatarEnergy for the State of Qatar’s inaugural offshore decommissioning initiative. Under the contract scope, McDermott will develop a comprehensive technical and commercial framework and conduct detailed techno-economic studies to ensure the safe and systematic retirement and removal of 27 aging offshore platforms. This encompasses… Read More
