336 results
A list of search results
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Operations & Maintenance, Research & Development
4Subsea has installed retrofit sensors on the Unitech Zefyros floating offshore wind turbine in Norway, with an aim to analyze cost reduction potential with a digital twin. The goal of the project is to prove significant cost reduction potential in offshore wind by using a digital twin of the substructure to measure actual loads and […]
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Masdar Energy UK, a wholly-owned subsidiary of Masdar, has refinanced its stake in the 630 MW London Array offshore wind farm in the UK. The refinanced debt totalled approximately £ 466 million in commercial bank debt, maturing in December 2032. Original financing for the project closed in October 2013. Located off the coast of Kent […]
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Authorities & Government, Business & Finance, Rules & Regulation
Moving from carbon-intensive fossil fuels to more sustainable forms of energy is an area of major focus in the Netherlands as it is across Europe, but investing in energy transition involves navigating complex regulatory systems and bridging crucial knowledge gaps. On 28 November 2019, the European Parliament declared a global climate and environmental emergency. MEPs, […]
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€ 6.1 billion was invested in four European offshore wind projects with a combined capacity of around 1.4 GW in 2019, marking the lowest amount invested and the capacity financed in a year since 2012, according to a report by WindEurope. The four wind farms that reached the Final Investment Decision (FID) in 2019 are […]
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The COVID-19 pandemic has shaken energy markets to the core this year, creating incredible volatility for fuel prices. The one energy source that hasn’t blinked though is coal, a fuel that may come out stronger through the current crisis, a Rystad Energy analysis shows.
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This is where the energy transition takes place Join this virtual gathering of the entire offshore energy industry and take the opportunity to network with highly qualified experts and professionals across global markets. Join round-table sessions, go 1-on-1 matchmaking, watch the live talk shows and meet the exhibitors in a digital way. The event is […]
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Siemens Gamesa has doubled the order intake in the offshore segment in 2019 compared to 2018, partly due to the company’s strongest ever results reported in the last quarter of the calendar year. The world-leading wind turbine manufacturer saw the order intake in the offshore segment double to 3,343MW, of which 1,279MW was signed in […]
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With the year 2019 now behind us, Offshore Energy Today is sharing the galleries published on our website. Click on a link to view the gallery and the original article. Enjoy!
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Business & Finance, Infrastructure
Kvaerner has revealed its plan to grow annual revenues to above NOK 10 billion ($1.1B) for the year 2023. In addition, Kvaerner has entered into an agreement with Samsung Heavy Industries and Aker Solutions for the joint delivery of FPSO contracts.
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Business & Finance, Equipment
Wood has been awarded a new contract by Equinor to deliver modifications to two offshore installations in the Norwegian North Sea to connect electric power from floating wind turbines that form part of the Hywind Tampen development.
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Wood has been awarded a new contract by Equinor to deliver modifications to two offshore installations in the Norwegian North Sea to connect electric power from the Hywind Tampen floating wind farm. Equinor’s project replaces energy generated by gas turbines with electricity from the 88MW floating wind farm located between the Snorre and Gullfaks fields. […]
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Wood has been awarded a new contract by Equinor to deliver modifications to two offshore installations in the Norwegian North Sea to connect electric power from the Hywind Tampen floating wind farm. Equinor’s project replaces energy generated by gas turbines with electricity from the 88MW floating wind farm located between the Snorre and Gullfaks fields. […]
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Business & Finance, Project & Tenders
JDR Cable Systems, part of the TFKable Group, has signed a contract with Equinor for the Hywind Tampen offshore wind farm development.
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Operations & Maintenance, Project & Tenders
Tetraspar Demonstrator Project has signed a supply contract with UNITECH Offshore for a dynamic power cable and grid connection for the full-scale floating wind turbine demo outside Karmøy 2020. Tetraspar Demonstrator Project is a joint project for the demonstration of the TetraSpar floating wind turbine technology between Innogy SE, Shell and Stiesdal Offshore Technologies. “UNITECH […]
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Unitech Offshore has secured a contract to provide dynamic power cable and grid connection for the TetraSpar demonstration project in Norway. Unitech said it had been working together with the project partners and investors under an Early Work Agreement up to the signing of the main contract at the end of October. The FWT Zefyros, […]
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Oil and gas major Shell is buying EOLFI, a French company specializing in floating wind farm project.
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Equinor has signed contracts totalling around NOK 3.3 billion for the Hywind Tampen floating offshore wind farm development. The project will supply electrical power to the nearby oil and gas platforms Gullfaks A, B, C and Snorre A and B.
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The last few months have been a game-changer for Equinor’s offshore wind business, the Norwegian energy company’s President and CEO Eldar Sætre said while commenting on the company’s results for the third quarter of 2019. ”Together with SSE, we were the winning bidder with three projects at Dogger Bank in the UK, making it the largest […]
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Norwegian oil major Equinor, along with its partners in the Snorre field, has submitted a development plan of supplying power from floating offshore wind to the field via the Hywind Tampen wind farm.
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Equinor and the Snorre and Gullfaks partners have made a final investment decision for the Hywind Tampen offshore wind farm development. The two updated plans for development and operation will be submitted to Norwegian authorities. The oil and gas platforms will be the first ever powered by a floating offshore wind farm. The wind farm […]
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Norway’s Equinor and Snorre and Gullfaks partners have made a final investment decision for the Hywind Tampen offshore wind farm development. Two updated plans for development and operation will be submitted to Norwegian authorities on Friday. Equinor said on Friday that the Snorre and Gullfaks oil and gas platforms would be the first ever powered […]
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Business & Finance, Equipment
The world’s largest offshore wind farm development to be built 30 km east of the Yorkshire Coast in the UK North Sea.
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Norway’s Kvaerner is establishing two new focus areas with an aim to expand its operations within the renewables industry, including offshore wind, and the oil & gas sector. The move comes as Kvaerner aims to increase its annual revenue for around 40% within a few years, from circa NOK 7.3 billion in 2018 to NOK 10 billion […]
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Enova has awarded Equinor up to NOK 2.3 billion ($256,59 million) grant to support the development of a floating offshore wind farm
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Danish energy trading company Danske Commodities has signed a 15-year Power Purchase Agreement (PPA) with the Dudgeon offshore wind farm in the UK. Effective 16 July, Danske Commodities will take over balancing and trading of 281MW, equivalent to 70% of the wind farm’s production. The 402MW Dudgeon is owned by Equinor (35%), Masdar (35%) and […]
