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West of Orkney
Offshore Wind

Offshore and nearshore survey work complete for 2 GW Scottish wind project

The developers of the West of Orkney Windfarm have completed its 2022 offshore and nearshore surveys for the project area, located around 25 kilometres off the Sutherland coast in Scotland. This milestone achievement covered geophysical and benthic surveys of the seabed across the 675 km2 offshore o

about 4 years ago
An artist impression of floating wind turbines at sea
Offshore Wind

Metocean measurement campaign to start at Scottish floating wind farm site

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Partrac will soon deploy a floating LiDAR Buoy at the site of the Buchan floating wind project offshore Scotland, which is being developed by Floating Energy Allyance (FEA), a consortium comprising BW Ideol, Elicio, and BayWa r.e. The deployment is estimated to be carried out on 15 November, subject

about 4 years ago
shipping
Offshore Wind

In focus: Window to meet 1.5°C target is closing, urgent transformation is needed now

As the UNEP points to slow progress on achieving 1.5°C target, it is more urgent than ever to put pledges into action, and accelerate the transition with strong support from the financial sectors.

about 4 years ago
High offshore wind demand lifts Fugro
Offshore Wind

High offshore wind demand lifts Fugro

Fugro has reported a revenue of €480.2 million for the third quarter of 2022, an increase of 17.4% compared to €378 million in Q3 2021, said to be supported by high demand for offshore wind solutions. The increase in revenue was fuelled by ongoing high client demand across markets, most notably rene

about 4 years ago
High oil & gas production and prices lift Equinor’s profit
Offshore Wind

High oil & gas production and prices lift Equinor’s profit

Equinor has recorded “strong financial results” in 3Q of 2022 thanks to increased output, primarily gas, and elevated energy prices.

about 4 years ago
Oil & gas ‘supercycle’ pushes Saipem’s offshore activity up, bringing record-quarterly revenue
Offshore Wind

Oil & gas ‘supercycle’ pushes Saipem’s offshore activity up, bringing record-quarterly revenue

Saipem has posted the highest quarterly revenue since the fourth quarter of 2015, driven by sizeable awards for its offshore business.

about 4 years ago
Offshore Energy Exhibition & Conference
Offshore Wind

TotalEnergies and Shell join first Hydrogen Area at Offshore Energy Exhibition & Conference

Offshore Energy Exhibition & Conference 2022, coming up on 29 and 30 November in Amsterdam, will feature a Hydrogen Area for the first time, with TotalEnergies, Strohm, Green Team Twente, Shell, and TU Delft Hydro Motion Team set to join this inaugural moment for Offshore Energy and Navingo BV.

about 4 years ago
TotalEnergies’ profit soars on high gas prices
Offshore Wind

TotalEnergies’ profit soars on high gas prices

TotalEnergies has strengthened its balance sheet and doubled its profit in the third quarter of 2022 on a year-on-year basis.

about 4 years ago
NKT's new extrusion tower in Sweden ready to produce high-voltage power cables
Offshore Wind

NKT’s new extrusion tower ready to produce high-voltage power cables

NKT has completed the construction of the second extrusion tower for high-voltage power cables at its factory in Karlskrona, Sweden. NKT can now start manufacturing high-voltage power cables in the new tower, designated as NKT Lighthouse, in the fourth quarter of the year. The 150-meter tall tower i

about 4 years ago
Baltic Pipe to supply gas to Danish offshore wind major
Offshore Wind

Equinor to supply gas to Ørsted via Baltic Pipe

Danish Ørsted, said to be the world’s leading offshore wind developer, and Norway’s energy giant Equinor have entered into an agreement under which Equinor will supply Norwegian gas to Denmark via Baltic Pipe from 1 January 2023 to 1 April 2024. The total volumes of gas supplied during the period wi

about 4 years ago
Illustration (Courtesy of the European Commission/Photo by Mauro Bottaro)
Offshore Wind

European Investment Bank boosts clean energy financing with €30B for REPowerEU plan

The European Investment Bank Group (EIB Group) has agreed to support the REPowerEU plan with additional €30 billion in loans and equity financing over the next five years.

about 4 years ago
SeaRenergy
Offshore Wind

SeaRenergy lands DolWin6 logistics support contract

SeaRenergy has been awarded a contract by Siemens Energy to provide integrated onshore and offshore logistics services during the commissioning of DolWin6 converter platform in the German Bight. The contract consists of various packages. Besides marine coordination and management of all personnel tr

about 4 years ago
DeepOcean charters 85-meter multi-purpose support vessel
Offshore Wind

DeepOcean charters 85-meter multi-purpose support vessel

DeepOcean has signed a charter agreement with shipowner Simon Møkster Shipping for the Stril Server multi-purpose support vessel (MPSV), set to be deployed in the renewables and oil & gas markets. Under the two-year agreement, Stril Server will provide subsea inspection, maintenance, and repair (IMR

about 4 years ago
New Van Oord cable layer going to Norway for finishing touches
Offshore Wind

New Van Oord cable layer going to Norway for finishing touches

Van Oord’s new cable-laying vessel Calypso is en route to the VARD Brattvaag yard in Norway for construction finishing, following its launch at the VARD Tulcea shipyard in Romania last week. Van Oord placed an order with VARD for the 131-meter-long vessel at the end of 2020 as part of the strategy t

about 4 years ago