Transmission system operator TenneT TSO has launched a qualification system for the provision of Walk-2-Work (W2W) vessels in the German or the Dutch North Sea. TenneT’s understanding of a W2W vessel is defined as a vessel with station keeping capabilities and a motion-compensated gangway that enabl
Acta Marine and shareholder MerweOord are seeking a strategic co-owner to support the further expansion of the company’s offshore wind business. The strategic plan focuses on ordering two more construction service operation vessels (CSOVs) in the short term, as well as service operation vessels and
Northern Offshore Services (N-O-S) will take over the management of four Wilson Offshore’s offshore supply vessels (OSVs) designed for accommodation, cargo transfers, walk-to-work (W2W), survey, and ROV operations. Under a cooperation agreement with the ship owner Wilson Offshore, N-O-S will take ov
In this week’s edition of our In Focus article, we take a deep dive into the most relevant developments from the energy world targeting emission cuts. In the Fossil Fuels market, oil and gas company Lundin Energy sold what has been described as the world’s first-ever certified carbon neutrally produ
Navantia has completed the construction of the first jacket foundation for the French Saint-Brieuc offshore wind farm at its shipyard in Fene, Spain. The completion of the first jacket follows the reception of the first batch of components manufactured at the French port of Brest. The components hav
Dutch oil & gas exploration and production operating company ONE-Dyas plans to power a platform at a North Sea gas extraction field solely by the electricity from the Riffgat offshore wind farm in the German part of the North Sea. ONE-Dyas, together with partners Hansa Hydrocarbons and EBN, aims to
With the global installed offshore wind capacity expected to exceed 250 GW by 2030, the combined capital and operational expenditure (capex and opex) for the decade is set to reach $810 billion (approx. €670.2 billion), signaling an increasing shift of investments from oil and gas to renewable energ
Japanese shipping company Kawasaki Kisen Kaisha (”K” Line), and its domestic subsidiary Kawasaki Kinkai Kisen Kaisha have agreed to establish a joint venture company to provide services within the offshore wind industry. The new joint venture company, “K” Line Wind Service, will provide offshore sup
New research from Oxford Brookes University has found that Vertical Axis Wind Turbines (VAWTs) are far more efficient in large scale (offshore) wind farms than the traditional Horizontal Axis Wind Turbines (HAWTs). Spinning around an axis vertical to the ground, VAWTs exhibit the opposite behaviour
An inter-array cable issue on several Ørsted’s offshore wind farms in the UK and Continental Europe could have a total financial impact around DKK 3 billion (around €403 million) across 2021 to 2023, the company reported in its latest financial results. A cable failure was discovered during an inspe
French energy major Total has signed an agreement with wpd to acquire a 23 per cent interest in Yunlin Holding GmbH, the owner of the 640 MW Yunlin offshore wind farm in Taiwan. The project, currently under construction, represents production capacity of 640 MW and benefits from a 20-year guaranteed
The transmission system operators (TSOs) in Latvia and Estonia, AS Augstsprieguma tikls (AST) and Elering AS, have signed a cooperation agreement to study possible solutions for connecting the two countries’ joint 1 GW offshore wind project in the Baltic Sea to their mainland grids. Latvia and Eston
Danish company Floating Power Plant (FPP) has secured €17.65 million in R&D tax credits for an offshore floating wind and wave project off the coast of the Canary Islands.
The Kriegers Flak offshore wind farm in the Baltic Sea, where half of the turbines have been installed so far, is already generating electricity for Danish households and has contributed to Vattenfall’s Q1 2021 results. The developer reported a decrease in electricity generation in the first quarter
