Search results for: formosa 2

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A list of search results

  • 1 September 2022
    Business developments & projects

    All 47 wind turbine jacket foundations and all subsea cables are now in place at the Formosa 2 offshore wind farm in Taiwan. The wind farm also has more than half of its wind turbines installed so far. The final jacket foundation was installed on 26 August, with the subsea cable works reaching completion on […]

  • 17 November 2022
    Business & Finance, Business developments & projects

    Subsea 7 has reported a revenue of $1.4 billion for the third quarter of 2022, a decrease of $47 million or 3% compared to Q3 2021, mainly due to a drop in revenue in the Subsea and Conventional business unit. Revenue for the third quarter of the Subsea and Conventional unit was $990 million, a […]

  • 29 July 2022
    Business & Finance, Business developments & projects, Outlook & strategy, Vision

    Subsea 7 has reported a revenue of $2.4 billion for the first half of 2022, an increase of $247 million or 11% compared to the first six months of 2021, driven by the Subsea and Conventional business unit and partly offset by lower revenue in the Renewables unit. Revenue of the Subsea and Conventional unit […]

  • 14 November 2022
    Authorities & Government, Business & Finance, Business developments & projects, Green Marine, Innovation, Outlook & strategy, Technology, Transition, Vessels

    UK-headquartered wind propulsion specialist GT Green Technologies has won grant funding as part of this year’s Clean Maritime Demonstration Competition Round 2 (CDMC2) launched by the UK’s Department of Transport. The company said that it would use the funding to further develop and launch its proprietary AirWing propulsion solution. Namely, GT Green Technologies has developed […]

  • 3 November 2022
    Business developments & projects, Collaboration, Outlook & strategy, Research & Development, Transition

    Norway’s Equinor and UK’s Centrica have signed a cooperation agreement to explore the development of a low-carbon hydrogen production hub at Easington in East Yorkshire, with the aim to strengthen the region’s status as the UK’s foremost hydrogen place. Under the agreement, the Centrica-operated area at Easington could transition to a low-carbon hydrogen production hub […]

  • 2 February 2023
    Business developments & projects, Certification & Classification, Infrastructure, Technology

    Company infoSDC Verifier is an engineering company in mechanical and structural design that provides engineering consultancy services and tailor-made code-checking software. The SDC Verifier software is a powerful standard checking tool that helps to automatically verify your FEA results according to 30+ industry standards (DIN 15018, EN 13001, etc.) within ANSYS, Femap, and Simcenter 3D. […]

  • 15 September 2022
    Authorities & Government, Business & Finance, Business developments & projects, Environment, Exploration & Production, Project & Tenders, Regulation & policy, Rules & Regulation

    Woodside has made what is said to be a significant step in the regulatory approval process for its operated Browse to North West Shelf Project in Australia.

  • 12 September 2022
    Authorities & Government, Business & Finance, Business developments & projects, Collaboration, Exploration & Production, Outlook & strategy, Project & Tenders, Regulation & policy, Rules & Regulation

    The Duyung PSC partners have submitted an updated plan of development (PoD) for a gas project off Indonesia with first gas expected in 2025.

  • 19 January 2023
    Business developments & projects, Collaboration, Green Marine, Outlook & strategy, Transition, Vessels

    Construction has been launched on the first 136-meter main sail-powered merchant ship, also known as the Neoliner, which is being developed by the French start-up NEOLINE Armateur. The ship is being built by the RMK Marine shipyard based in Turkey. The Neoliner will be the first one equipped with a SolidSail rigging system, supplied by […]

  • 30 August 2022
    Authorities & Government, Regulation & policy

    The Clean Arctic Alliance, a global campaign made up of 20 international non-for-profit organisations, has written to the ministers from Norway, Denmark, Iceland, Greenland and the Faroe Islands to propose a number of domestic and international actions which would help to rapidly kick-start the establishment of green shipping corridors in Arctic waters.

  • 11 January 2023
    Business & Finance, Business developments & projects, Human Capital, Market outlooks, Outlook & strategy, Project & Tenders, Regulation & policy, Rules & Regulation

    Certain shareholders have voiced concerns over Capricorn’s proposed merger with Israel’s NewMed, seeing it as “profoundly unfavourable.”

  • 19 January 2023
    Business & Finance, Business developments & projects, Exploration & Production, Project & Tenders

    A rig has been hired for the drilling of a prospect in the UK later this year, but a FID for another project has been postponed.

  • 24 November 2022
    Business & Finance, Business developments & projects, Exploration & Production, Market outlooks, Outlook & strategy, Project & Tenders, Vessels

    Odfjell Drilling is seeing an increase in demand for offshore rigs with average utilisation of 97.1 per cent for its own fleet.

  • 14 June 2022
    Business & Finance, Business developments & projects

    Subsea 7 has updated its Adjusted EBITDA guidance for the full year 2022 following reduced progress on two offshore wind projects and vessel reshuffle at its subsidiary Seaway 7. Seaway 7 announced provisions against the results of project execution of offshore windfarm installations due to increased costs relating to weather delays and mechanical breakdowns. This, […]

  • 18 July 2022
    Authorities & Government, Business developments & projects, Collaboration, Equipment, Infrastructure, Innovation, Market outlooks, Outlook & strategy, Regulation & policy, Research & Development, Technology, Transition

    Global energy company EDP has inaugurated a 5MW floating solar plant in Alqueva – said to be the largest floating solar installation on a dam reservoir in Europe.

  • 28 April 2022
    Business & Finance, Business developments & projects

    Subsea 7 has reported a revenue of $1.2 billion in the first quarter of 2022, an increase of $197 million or 20% compared to Q1 2021, said to reflect strong growth in the Subsea and Conventional business unit. According to the UK-based company, the increase in revenue is impacted by significant activity on the Sakarya […]

  • 20 May 2022
    Business developments & projects, Outlook & strategy, Vessels

    MOL Drybulk, a subsidiary of Mitsui O.SK. Lines (MOL), has signed a memorandum of understanding (MoU) with sustainable wood bioenergy producer Enviva to deploy an environmentally-friendly bulk carrier to reduce the greenhouse gas (GHG) emissions in the woody biomass supply chain.

  • 29 October 2019

    Taiwan’s Formosa 2 offshore wind farm has reached financial close, Macquarie’s Green Investment Group (GIG) said. Formosa 2 has been jointly developed by Macquarie Capital (75%) and Swancor Renewable Energy (25%). GIG will now play a role in delivering the project through its construction phase. The 376MW offshore wind project located off the coast of Miaoli […]

  • 3 October 2019
    Business & Finance

    The European Commission has approved the acquisition of joint control by JERA, Macquarie and Swancor over the Formosa 2 offshore wind project in Taiwan. The 376MW Formosa 2 offshore wind project is currently owned by Macquarie and Swancor. The Commission concluded that the proposed acquisition would raise no competition concerns as Formosa 2 has no activity within the European Economic […]

  • 3 October 2019
    Business & Finance

    The European Commission has approved the acquisition of joint control by JERA, Macquarie and Swancor over the Formosa 2 offshore wind project in Taiwan. The 376MW Formosa 2 offshore wind project is currently owned by Macquarie and Swancor. The Commission concluded that the proposed acquisition would raise no competition concerns as Formosa 2 has no activity within the European Economic […]

  • 2 September 2019
    Project & Tenders

    Singapore-based marine and offshore engineering group Sembcorp Marine has landed a contract with Jan De Nul to fabricate 15 jacket foundations for the Formosa 2 offshore wind farm in Taiwan. Located four kilometres offshore Miaoli County in the Taiwan Strait, the 376MW Formosa 2  will be Taiwan’s largest offshore wind farm once commissioned in late […]

  • 31 October 2019

    Jan de Nul has contracted Seaway 7, the Renewables & Heavy Lifting business unit of Subsea 7, for foundation installation works on the Formosa 2 offshore wind farm in Taiwan. The contract includes transportation, pre-piling and installation of 47 jacket foundations. Seaway 7 will be working at the Taiwanese offshore wind farm site in 2020 and […]

  • 2 September 2019
    Project & Tenders

    Singapore-based marine and offshore engineering group Sembcorp Marine has landed a contract with Jan De Nul to fabricate 15 jacket foundations for the Formosa 2 offshore wind farm in Taiwan. Located four kilometres offshore Miaoli County in the Taiwan Strait, the 376MW Formosa 2  will be Taiwan’s largest offshore wind farm once commissioned in late […]

  • 11 May 2021
    Business developments & projects, Operations & Maintenance, Project & Tenders

    MMA has completed a survey work scope at Formosa 2 offshore wind project located off the coast of Taiwan.

  • 12 December 2018
    Authorities & Government, Business & Finance

    Swancor has signed a power purchase agreement (PPA) with Taipower for the Formosa 2 offshore wind farm.