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Business & Finance

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Dutch Gas Platform Now Powered by German Offshore Wind Farm
Business & Finance

Dutch Gas Platform Now Powered by German Offshore Wind Farm

The Netherlands-based exploration and production player ONE-Dyas, together with its partners EBN and Tenaz Energy, has tucked a new decarbonisation milestone under its belt by breathing life into the first natural gas production platform in the Dutch and German sectors of the North Sea to run on off

about 7 months ago
Jumbo Offshore Nets TP Marshalling, Installation Contracts
Business & Finance

Jumbo Offshore Nets TP Marshalling, Installation Contracts

Jumbo Offshore has signed two contracts for the transport and installation of transition pieces (TPs) for an upcoming offshore wind farm development, the company said via social media on 12 December, leaving the project and the client unnamed. In addition to transport and installation (T&I), Jumbo w

about 7 months ago
Crown Estate Grants GBP 13 Million to New Offshore Wind Supply Chain Projects
Business & Finance

Crown Estate Grants GBP 13 Million to New Offshore Wind Supply Chain Projects

The Crown Estate, through its Supply Chain Accelerator programme, has awarded GBP 13 million (nearly EUR 15 million) to 16 UK offshore wind supply chain projects in the early stage of development to help de-risk them and accelerate their path to the market. The second round of the Supply Chain Accel

about 7 months ago
US Judge Overturns Trump’s Ban on Wind Energy Project Permits
Business & Finance

US Judge Overturns Trump’s Ban on Wind Energy Project Permits

A federal judge has struck down the US President Donald Trump’s indefinite halt of all federal approvals and permitting for new wind energy projects. In a ruling on 8 December, Judge Patti Saris of the US District Court for the District of Massachusetts ruled in favour of 17 US states and the Distri

about 7 months ago
Prysmian’s R&D Activities Get EUR 300 Million EIB Boost
Business & Finance

Prysmian’s R&D Activities Get EUR 300 Million EIB Boost

The European Investment Bank (EIB) has approved a EUR 300 million financing package for Prysmian that will support the Italian cabling giant’s research and development (R&D) activities with the ultimate goal of accelerating energy security and digitalization in Europe. The financing will support Pry

about 7 months ago
Dong Fang Offshore Orders Cable Laying Vessel to Meet Needs in Taiwan
Business & Finance

Dong Fang Offshore Orders Cable Laying Vessel to Meet Needs in Taiwan

Taiwan-based Dong Fang Offshore (DFO) has signed a shipbuilding contract with Norwegian shipyard Westcon for the delivery of a subsea and cable laying vessel (CLV), a move said to come due to the need for installation capacity in Taiwan, as another DFO vessel will be working in Europe until the end

about 7 months ago
Six-Year Deal with Nexans Takes Enshore Subsea to TenneT’s Offshore Grid Projects
Business & Finance

Six-Year Deal with Nexans Takes Enshore Subsea to TenneT’s Offshore Grid Projects

UK-based Enshore Subsea has secured three initial projects for offshore grid systems in Germany under a six-year framework agreement with French cable systems designer and manufacturer Nexans. Enshore Subsea is responsible for installing the Wadden Sea sections of the submarine cable system for the

about 7 months ago
Taiwan’s First Offshore Power Cable Factory Inaugurated (Gallery)
Business & Finance

Taiwan’s First Offshore Power Cable Factory Inaugurated (Gallery)

A joint venture (JV) between Danish power cable manufacturer and installation firm NKT and Taiwanese cable company Walsin Lihwa has inaugurated Taiwan’s first offshore power cable factory. Operated by the JV Walsin Energy Cable System (WECS), the factory was inaugurated on Saturday, 6 December, in K

about 7 months ago
IWS Fleet Nets 2027 CSOV Contracts, Adds Sunwalker 2026 Contract Extension
Business & Finance

IWS Fleet Nets 2027 CSOV Contracts, Adds Sunwalker 2026 Contract Extension

IWS Fleet, a subsidiary of Integrated Wind Solutions (IWS), has booked a new deal in its charter backlog for two of its Skywalker-class commissioning service operation vessels (CSOVs), which are set to work throughout the entire 2027. With the new contract(s), the company has secured 830 days of add

about 7 months ago
Another Developer in Australia Drops Offshore Wind Project
Business & Finance

Another Developer in Australia Drops Offshore Wind Project

A consortium led by AGL Energy has discontinued feasibility studies for the Gippsland Skies offshore wind project and will surrender its feasibility licence for the proposed 2.5 GW development off Victoria’s Gippsland coast, Australian media reports. The move makes this the third project in the Gipp

about 7 months ago
Dajin, German Port Terminal Operator Enter Offshore Wind Agreement
Business & Finance

Dajin, German Port Terminal Operator Enter Offshore Wind Agreement

China-based manufacturer of offshore wind foundations, Dajin Heavy Industry, and Briese Schiffahrts, a German operator of heavy lift vessels and owner of a terminal in the Port of Cuxhaven, have signed a Memorandum of Understanding (MOU) for offshore wind marshalling services at the German port. Sig

about 7 months ago
Cadeler’s Newly Built WTIV Sets Sail to Europe
Business & Finance

Cadeler’s Newly Built WTIV Sets Sail to Europe

Cadeler took delivery of Wind Mover, the second of its two M-class wind turbine installation vessels (WTIVs) built by Hanwha Ocean, on 28 November, and the vessel departed the shipyard in South Korea on 2 December, according to the shipbuilder. Cadeler ordered the two WTIVs in 2021, with the first,

about 7 months ago
UAE Port Operator, Offshore Wind Investor Ink Partnership Agreement
Business & Finance

UAE Port Operator, Offshore Wind Investor Ink Partnership Agreement

Abu Dhabi-based AD Ports Group and Masdar have signed a partnership agreement to collaborate on the development and delivery of offshore wind projects. Under the agreement, the two firms will identify opportunities for AD Ports Group to act as a partner and contractor on Masdar’s global offshore win

about 7 months ago
Vestas Receives 660 MW Offshore Wind Turbine Order
Business & Finance

Vestas Receives 660 MW Offshore Wind Turbine Order

Vestas has received a wind turbine order for an offshore wind project in Europe with an installed capacity of 660 MW, the OEM said on 1 December. In a press release issued by Vestas Northern and Central Europe, the company left the client, project, and other details undisclosed, only revealing the o

about 7 months ago
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