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Business Developments & Projects

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An offshore wind farm with TenneT offshore grid platforms in the background
Business Developments & Projects

German offshore wind production reaches new peak in 2020

In 2020, Germany’s total offshore wind generation was 26.89 terawatt hours (TWh), of which wind farms in the North Sea generated 22.76 TWh and those in the German sector of the Baltic Sea produced 4.13 TWh of electricity. A year earlier, wind farms operating offshore Germany generated 24.16 TWh, wit

about 5 years ago
Triton Knoll enters wind turbine installation phase
Business Developments & Projects

Triton Knoll enters wind turbine installation phase

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Cadeler’s wind farm installation vessel Wind Osprey has arrived at the Triton Knoll wind farm loaded with the first sets of MHI Vestas V164-9.5 MW turbines. The installation of the first wind turbine at the site some 32 kilometres offshore Lincolnshire, UK, is ongoing. Wind Osprey loaded the turbine

about 5 years ago
Johan Castberg FPSO - Rystad Energy
Business Developments & Projects

UK offers best profitability for development of big offshore fields, Rystad says

The UK offers operators best profit conditions to develop big offshore fields and Kuwait and Canada follow, according to Rystad Energy.

about 5 years ago
TFG Marine
Business Developments & Projects

TFG Marine to commence bunkering ops from Falmouth, UK

TFG Marine, a joint venture bunker company formed by commodity trader Trafigura and shipping firms Frontline and Golden Ocean in 2020, will start bunkering operations this month for vessels at the Falmouth Anchorage, off the South West Coast of the United Kingdom, the company said.

about 5 years ago
Illustration/Ocean Sun's floating solar plant (Courtesy of Ocean Sun)
Business Developments & Projects

Floating solar power set for trials off Canary Islands

Ocean Sun and Fred. Olsen Renewables, together with project partners, have been awarded Horizon 2020 funding to test a full-scale floating solar power unit in the Atlantic Ocean.

about 5 years ago
Subsea UK CEO Neil Gordon
Business Developments & Projects

UK subsea sector optimism continues to improve

The latest survey on the UK’s Subsea sector has revealed an improved outlook for the industry with less anticipated redundancies, greater optimism and new geographical markets. Industry body, Subsea UK, surveyed its 300 members in early July and then again in late November 2020 to provide insight in

about 5 years ago
Fortuna; Source: Verdijk Maritiem Nord Stream 2
Business Developments & Projects

U.S. imposes sanctions on vessel set to work on Nord Stream 2 pipeline

The United States on Tuesday imposed sanctions on a ship involved in building the Nord Stream 2 pipeline, as the Trump administration sought to raise pressure on the project on its last day in office.

about 5 years ago
A photo of Avedøre Power Station where H2RES will be located
Business Developments & Projects

Ørsted takes final investment decision on green hydrogen project

Ørsted has taken a final investment decision (FID) on the H2RES green hydrogen demonstration project in Denmark and expects first hydrogen production in late 2021. The project, to be built at Avedøre Holme in Copenhagen, will comprise a 2 MW electrolysis plant with appurtenant hydrogen storage, with

about 5 years ago
Leviathan and Tamar pipeline route map
Business Developments & Projects

New pipeline to boost Israel’s gas export to Egypt

Partners in Israel’s largest natural gas fields Leviathan and Tamar will invest in new pipeline system to export the fuel to Egypt. Chevron, as the operator of both gas fields, has entered into an agreement with Israel Natural Gas Lines (INGL) for the provision of transmission services of natural ga

about 5 years ago
Island Offshore
Business Developments & Projects

Third Island Offshore vessel starts operating for Lundin

Offshore vessel provider Island Offshore now has three hybrid platform supply vessels (PSVs) in service for Lundin Energy in Norway.

about 5 years ago
Photo of a mooring in tidal flow at EMEC Fall of Warness tidal test site (Courtesy of EMEC/Colin Keldie)
Business Developments & Projects

EMEC scouts for OESA external advisor

The European Marine Energy Centre (EMEC) is looking to contract a marine energy technology developer to act as an external advisor to the Ocean Energy Scale-up Alliance (OESA).

about 5 years ago
MAN Energy Solutions
Business Developments & Projects

MAN ES takes majority stake in hydrogen tech firm

Germany’s engine manufacturer MAN Energy Solutions has decided to acquire almost 99% of the shares in H-TEC Systems, a compatriot company that produces PEM electrolysers.

about 5 years ago
A photo of WEP+ project partners (Archive/Courtesy of Aquatera)
Business Developments & Projects

WEP+ marks progress on marine biofouling research

The Wave and Energy Project (WEP+), a multinational research project into biofouling on offshore renewable energy platforms, has made progress on developing anti-fouling strategies set to boost the performance of marine energy technologies.

about 5 years ago
Officials from the three Polish energy companies at the signing ceremony
Business Developments & Projects

Three largest Polish energy companies shake hands on offshore wind

Three biggest Polish energy companies, PGE, Enea and TAURON, have signed a letter of intent on cooperation on future offshore wind projects in Poland. According to the three companies, they recognise the value of the offshore wind energy sector in developing the economy and increasing the level of e

about 5 years ago