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Business & Finance

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CoensHexicon Awarded Four More Offshore Wind Sites in South Korea
Business & Finance

CoensHexicon Awarded Four More Offshore Wind Sites in South Korea

Two provinces of South Korea have decided to grant CoensHexicon, a joint venture between Hexicon and Korean company Coens, permission to measure wind conditions in a total of four offshore areas. The permission also entails a priority right to develop offshore wind farms within the areas, according

about 4 years ago
Nexans-opening-first-US-subsea-cable-plant
Business & Finance

Nexans Opening First US Subsea Cable Plant in November

Nexans is set to open the first U.S. high-voltage subsea cable facility in Charleston, South Carolina, on 9 November. The transformed subsea cable plant will support the expanding US offshore wind market, Nexans said. The company plans to create more than 200 new jobs for the industry by the end of

about 4 years ago
A night photo of the Edinburgh Airport's tower in pink to mark ownership change
Business & Finance

Edinburgh Airport Partners with Ørsted to Use Hydrogen Produced from Offshore Wind

Edinburgh Airport has teamed up with the world’s largest offshore wind developer Ørsted to reach net-zero by 2040 by using green technologies, including new hydrogen-fuels produced at scale from offshore wind farms, to eliminate carbon emissions from the airport and the aircraft that operate from it

about 4 years ago
Offshore Energy Exhibition & Conference and Navingo Career Event 2021 Start In a Few Days!
Business & Finance

Offshore Energy Exhibition & Conference and Navingo Career Event 2021 Start In a Few Days!

Offshore Energy Exhibition & Conference 2021 is approaching! With only a few days left, don’t forget to sign up to be part of a great event filled with networking opportunities, insightful sessions and doing business. This year’s content theme is: “Offshore Energy in a Changing World.” Four talk sho

about 4 years ago
Ørsted's Borkum Riffgrund 2 offshore wind farm in Germany
Business & Finance

Ørsted Sells Half of Borkum Riffgrund 3 Offshore Wind Farm

Glennmont Partners has signed an agreement with Ørsted to acquire a 50 per cent ownership share in the Borkum Riffgrund 3 offshore wind farm in Germany. The divestment is subject to the final investment decision on the project and to obtaining project permit and merger and foreign investment clearan

about 4 years ago
A photo of the Blyth Offshore Demonstrator project
Business & Finance

Malaysian Utility Enters Offshore Wind, Buys Stake in UK Projects

Malaysian utility Tenaga Nasional Berhad (TNB) has acquired a 49 per cent stake in the existing Blyth Offshore Demonstrator wind farm and a yet-to-be-built floating wind farm in northeast England from EDF Renewables UK. TNB acquired the stake in the Blyth Offshore Demonstrator Limited (BODL) through

about 4 years ago
A photo of the first wind turbine at the Moray East offshore wind farm in the UK
Business & Finance

Iberian Energy Giants Reaffirm UK Offshore Wind Investment Commitments

Spanish renewable energy major Iberdrola and its Portuguese counterpart EDP have reaffirmed their investment plans for offshore wind projects in the UK, as well as other renewable energy and energy transition initiatives in the country. Iberdrola has confirmed its intent to invest GBP 6 billion in t

about 4 years ago
An image showing MPS' floating offshore renewable energy technologies
Business & Finance

UK Partners Join Forces to Advance Green Hydrogen Production and Distribution

UK-based marine energy company Marine Power Systems (MPS) has joined forces with Marine2o to develop integrated solutions to support the production of green hydrogen from offshore renewable energy sources, using marine vessels to transport this energy vector to market. This first collaboration will

about 4 years ago
SG 11.0-200 DD
Business & Finance

OWC Wins Offshore Wind Contract in Taiwan

Offshore Wind Consultants (OWC), an AqualisBraemar LOC Group company, has been appointed as one of the owner’s engineers on the Hai Long offshore wind project in Taiwan. The company will provide technical advisory and coordination services throughout the development and construction phases of the 1

about 4 years ago
An aerial photo of the Flotta Terminal;
Business & Finance

TotalEnergies Opens UK Offshore Wind Hub in Scotland

French energy major TotalEnergies has opened its UK Offshore Wind Hub in Aberdeen, Scotland. The Hub was opened by Patrick Pouyanné, Chairman and CEO of TotalEnergies. It will be part of the company’s existing offshore operations centre in Aberdeen and will enable the transition of staff from oil an

about 4 years ago
The V164-10.0 MW™ model by Vestas
Business & Finance

Vestas to Consolidate Its APAC Businesses as Next Step in Offshore Expansion

Vestas will consolidate its two business regions in Asia, China (CHI) and Asia Pacific (ASP), into a single Asia Pacific (APAC) business region. The company said that creating one business region for Greater Asia was the next step in its organisational alignment and offshore expansion. According to

about 4 years ago
Counting Down to Offshore Energy Exhibition & Conference 2021
Business & Finance

Counting Down to Offshore Energy Exhibition & Conference 2021

In less than two weeks, Offshore Energy Exhibition & Conference 2021 will open its doors! The industry will meet again face-to-face on 26 and 27 October 2021 in RAI Amsterdam. Offshore Energy looks forward to an event with various opportunities to network and do business. Industry experts, business

about 4 years ago
A crew transfer vessel at an offshore wind farm, aerial view
Business & Finance

Ørsted to Launch Major Offshore Wind Tender in November

Offshore wind developer Ørsted plans to launch a major tender related to the development of two wind farms with a combined capacity of 2.5 GW this November. This is an excerpt from a Premium article published on our sister site Offshore Energy. You can read the original article by clicking on the li

about 4 years ago
All Borssele 1 & 2 Turbines Standing
Business & Finance

Ørsted Teaming Up with Polish Coal Power Producer to Bid in Offshore Wind Auctions

Ørsted and ZE PAK (Zespół Elektrowni Pątnów-Adamów-Konin), Poland’s second largest producer of energy from coal-fired plants with a strategy for phase-out until 2030, have signed a letter of intent to jointly participate in the upcoming auction for seabed leases in Poland and the country’s Contract

about 4 years ago
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