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Malaysian Oil & Gas Player Launches Centre for Offshore Renewable Energy
Business & Finance

Malaysian Oil & Gas Player Launches Centre for Offshore Renewable Energy

Malaysian oil and gas company Petronas, in partnership with Universiti Malaysia Terengganu (UMT), has launched the Centre for Offshore Renewable Energy (CEFORE). Located off the coast of Kuala Terengganu, CEFORE aims to generate electricity by harnessing offshore wind, solar, and wave energy, and in

about 9 months ago
Moray West Ocean Winds Cadeler
Business & Finance

Ocean Winds Extends Partnership with Spinergie to Enhance Offshore Wind Operations

The offshore wind developer Ocean Winds has renewed its Market Intelligence contract with Spinergie for the third consecutive year to strengthen fleet analysis and project benchmarking. Spinergie’s Market Intelligence platform provides real-time and historical insight into global installation and ma

about 9 months ago
BP Jera
Business & Finance

JERA Nex BP to Withdraw from US Offshore Market, Halts Beacon Wind Investment

JERA Nex BP, a joint venture between JERA and BP, has decided to reduce its activities in the US to a minimal level and will close its operating activities in the market. As a result of this decision, all team members will leave JERA Nex BP in the coming months, according to the company, which [&hel

about 9 months ago
Japan, Taiwan Wind Associations Partner to Advance Offshore Wind in Asia
Business & Finance

Japan, Taiwan Wind Associations Partner to Advance Offshore Wind in Asia

The Japan Wind Power Association (JWPA) has signed a Memorandum of Understanding (MoU) with the Taiwan Offshore Wind Industry Association (TOWIA) to promote collaboration in the offshore wind sector and advance industry development across the Asian region. According to JWPA, this MoU establishes a f

about 9 months ago
Vestas Puts Polish Offshore Wind Turbine Factory on Hold
Business & Finance

Vestas Puts Polish Offshore Wind Turbine Factory on Hold

The Danish wind turbine manufacturer, Vestas, has decided to put on hold its plans to open its biggest factory in Poland, as European demand falters, according to Reuters. In 2024, Vestas announced that it would build a second offshore wind turbine manufacturing facility in Poland. The factory, whic

about 9 months ago
A photo of the rotor part of a Siemens Gamesa offshore wind turbine
Business & Finance

Iberdrola Looking to Sell 49 Pct Stake in UK Offshore Wind Farm – Report

Iberdrola has begun exploring the sale of 49 per cent of its East Anglia Two offshore wind farm project in the UK, according to a report by the Spanish media outlet Cinco Días citing unnamed sources. The renewable energy developer has already engaged Bank of America and BBVA as financial advisors to

about 9 months ago
Taylor Hopkinson Wins Offshore Wind Contract in Taiwan
Business & Finance

Colombia’s First Offshore Wind Auction Attracts Bid from Danish CIP

A subsidiary of Denmark’s Copenhagen Infrastructure Partners (CIP) has submitted its bid in Colombia’s first offshore wind auction. The country’s National Hydrocarbons Agency (ANH) announced that CIP’s subsidiary, CI GMF COÖPERATIEF UA, submitted a bid in Colombia’s first offshore wind tender. Accor

about 9 months ago
EDF-Led Offshore Wind Project in Taiwan Signs 30-Year CPPA
Business & Finance

EDF-Led Offshore Wind Project in Taiwan Signs 30-Year CPPA

EDF power solutions has signed a 30-year corporate power purchase agreement (CPPA) with Taiwan Smart Electricity & Energy Co. Ltd. (TSEE) for electricity from its Wei Lan Hai Changhua offshore wind farm. The 440 MW project was awarded capacity by the Taiwanese government in the Round 3-1 Offshore Wi

about 9 months ago
Buss Ports Eemshaven
Business & Finance

Multi-Million Financing Secured to Upgrade Buss Terminal Eemshaven Infrastructure

Buss Terminal Eemshaven is receiving a multi-million investment to reinforce the quay and improve the seabed at the Julianahaven area in the Netherlands. The joint financing is made possible by Groningen Seaports, Rabobank, the Groninger Groeifonds, and NV NOM, with additional support from the Europ

about 9 months ago
DeepOcean Charters Glomar Vessel to Expand Offshore Wind and Oil & Gas Capabilities
Business & Finance

DeepOcean Charters Glomar Vessel to Expand Offshore Wind and Oil & Gas Capabilities

Ocean services provider DeepOcean has entered into a time charter agreement with Glomar Offshore for a 2009-built multipurpose support vessel to enhance its survey and inspection, maintenance and repair (IMR) offering in the offshore wind and oil & gas sectors. Glomar Supporter will join DeepOcean’s

about 9 months ago
Hai Long 2 turbines
Business & Finance

IOG Wind Secures Hai Long O&M Contract in Taiwan

IOG Wind, formerly known as CWind Taiwan, has secured an operations and maintenance (O&M) contract for the Balance of Plant (BoP) for the 1 GW Hai Long offshore wind project in Taiwan. The scope will cover inspections of newly installed offshore substations, as well as performing inspection, mainten

about 9 months ago
WTIV Norse Wind Joins DEME’s Fleet
Business & Finance

WTIV Norse Wind Joins DEME’s Fleet

DEME has officially received its new wind turbine installation vessel (WTIV), Norse Wind, from CIMC Raffles Shipyard in China. The vessel is set to begin operations in early 2026. Norse Wind is designed for the installation of next-generation offshore wind turbines, capable of handling rotor diamete

about 9 months ago
NnG Equitix
Business & Finance

Equitix Preferred Bidder for 448 MW Neart na Gaoithe Offshore Wind Transmission Assets

The UK’s energy regulator, Ofgem, has selected Equitix as the preferred bidder to acquire and operate the offshore transmission assets for the 448 MW Nearth na Gaoithe offshore wind farm in Scotland. Equitix has been selected in a GBP 450 million (approximately EUR 516 million) tender round for an O

about 9 months ago
Gazelle Partners with Chinese Manufacturer on Industrialisation of Floating Wind Tech
Business & Finance

Gazelle Partners with Chinese Manufacturer on Industrialisation of Floating Wind Tech

Floating wind foundation developer, Gazelle Wind Power, has signed a memorandum of understanding (MoU) with Titan Wind Energy, a Chinese manufacturer of onshore and offshore wind turbine components, which also has offices in Denmark and Germany. The two companies signed the MoU while a delegation fr

about 9 months ago
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